Why Ideas are a Bad Place to Start a Startup

#1

Post by joeyespo » Sun, Jan 06, 2013, 3:47 PM UTC

Why Ideas are a Bad Place to Start a Startup
vijayanand.name

Re: Why Ideas are a Bad Place to Start a Startup

#2

Post by ThomPete » Sun, Jan 06, 2013, 5:33 PM UTC

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing.

Nothing to fail with, nothing to execute on, nothing to keep you going.

Re: Why Ideas are a Bad Place to Start a Startup

#3

Post by moccajoghurt » Sun, Jan 06, 2013, 5:34 PM UTC

The article sounds a little like business studies 101, but I think it's a good read and a lot of people should think first before investing in a business.

Re: Why Ideas are a Bad Place to Start a Startup

#4

Post by moccajoghurt » Sun, Jan 06, 2013, 5:39 PM UTC

ThomPete wrote: post #2

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing. Nothing to fail with, nothing to execute on, nothing to keep you going.

The article doesn't actually say that ideas are bad, that's just the title. Not an uncommon phenomenon for blog posts I think.

Re: Why Ideas are a Bad Place to Start a Startup

#5

Post by simonw » Sun, Jan 06, 2013, 5:47 PM UTC

ThomPete wrote: post #2

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing. Nothing to fail with, nothing to execute on, nothing to keep you going.

Without the problem to solve, there's nothing to build the idea on top of.

Re: Why Ideas are a Bad Place to Start a Startup

#6

Post by ricardobeat » Sun, Jan 06, 2013, 5:51 PM UTC

simonw wrote: post #5

ThomPete wrote: post #2

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing. Nothing to fail with, nothing to execute on, nothing to keep you going.

Without the problem to solve, there's nothing to build the idea on top of.

That's not true. You can build stuff based only on ideas for as long as you want to.

Re: Why Ideas are a Bad Place to Start a Startup

#7

Post by jeremyjh » Sun, Jan 06, 2013, 6:00 PM UTC

ThomPete wrote: post #2

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing. Nothing to fail with, nothing to execute on, nothing to keep you going.

It sounds like you didn't read much of the article.

Re: Why Ideas are a Bad Place to Start a Startup

#8

Post by ThomPete » Sun, Jan 06, 2013, 6:01 PM UTC

jeremyjh wrote: post #7

ThomPete wrote: post #2

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing. Nothing to fail with, nothing to execute on, nothing to keep you going.

It sounds like you didn't read much of the article.

I did read it that was what I took away from it.

Re: Why Ideas are a Bad Place to Start a Startup

#9

Post by martinkallstrom » Sun, Jan 06, 2013, 6:01 PM UTC

You think that starting with an idea leads to fragility and that there is an off chance that you succeed. You are probably right. You state an alternative process which you say is leads to higher success rate. Great, but where is the proof? The part where you say this has increased success rate from X% to Y% with other variables kept constant is missing.

Re: Why Ideas are a Bad Place to Start a Startup

#10

Post by ThomPete » Sun, Jan 06, 2013, 6:02 PM UTC

simonw wrote: post #5

ThomPete wrote: post #2

Ideas are the only place to start a startup. Without the idea on how to solve your problem you have nothing. Nothing to fail with, nothing to execute on, nothing to keep you going.

Without the problem to solve, there's nothing to build the idea on top of.

In other words. None is worth more than the other. They are both equally valuable.