How to be 100% sure your startup idea is good
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How to be 100% sure your startup idea is good
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Re: How to be 100% sure your startup idea is good
#2This doesn't prove anything about the quality of a 'startup idea' It just proves that you are able to convince a small number of people to drop five bucks. I don't see how that has a correlation to the future success of a business.
This would be much more interesting if it were pitched as a way to build a group of active early adopters. Pledging to an idea should give the user some perks from the start, and you should make it easy for the companies collecting pledges to incentivize these users.
Re: How to be 100% sure your startup idea is good
#3It would be helpful to know how many others believe its a good idea. I might be on the cusp of thinking an idea is good, but I don't want to back a dead horse.
Re: How to be 100% sure your startup idea is good
#4It's funny/interesting how trends emerge on HN. I feel like I've seen at least 5 of what I'd call "meta" projects/startups on the front page over the last week - sites that help a minor piece of the puzzle for a startup.
Re: How to be 100% sure your startup idea is good
#5This doesn't prove anything about the quality of a 'startup idea' It just proves that you are able to convince a small number of people to drop five bucks. I don't see how that has a correlation to the future success of a business. This would be much more interesting if it were pitched as a way to build a group of active early adopters. Pledging to an idea should give the user some perks from the start, and you shoul…
You're completely right, and also just described Kickstarter.com :)
Although... kickstarter does seem a bit more oriented to creative and industrial endeavors than, say web app startups.
Re: How to be 100% sure your startup idea is good
#6Or, to simplify:
Does it solve a relevant problem for people who have money? If so, you're probably in the clear.
Re: How to be 100% sure your startup idea is good
#7I think "100% sure" might be overselling it... Interesting how many meta-startups are emerging, though.
Re: How to be 100% sure your startup idea is good
#8Very funny idea (not sure if it is meant to be) but I do agree with nckpark in that getting 5 people to drop a couple bucks doesn't mean much for the quality of the idea. Especially when knowing that most people aren't successful entrepreneurs that know what will work, and even if they are, 5 people doesn't give you a majority. Also I feel a big thing VCs preach is being "contrarian" so having mass belief in an idea would be contrarian to contrarian (Upstartly likes recursion right?).
Either way, really fun idea and Goodluck!
Re: How to be 100% sure your startup idea is good
#9Anybody see the inherent irony in this?
Re: How to be 100% sure your startup idea is good
#10This works for some startups, but not all.
More importantly, WHO those five are is very important. I could get five best friends to give me five dollars. That's meaningless in evaluating your idea.