Received an email today asking me to evaluate the feasibility of an idea, this was my response to it:
Subject: Re: Question
| In a nutshell, I would like to create something – like [XXX] – that is geared more towards the [XXX] community.
| Is that enough information?
| I don’t want to go to in depth because it may be a “very” good idea and I would like to know I could trust the person – hearing the whole presentation – to not disqualify it to me and then go on to develop it for their own personal gain.
That is in almost all cases a very flawed path to follow. Ideas aren’t worth much of anything, I assure you somebody else has had your idea and most likely many other people, the fewer people you tell your idea to the more likely it is that you will build yourself into a hole without input, fail to see things from other perspectives, fail to find out that your idea has already been done before you waste the time trying to build it, and in almost all cases simply fail. “Stealth Mode” is a worn out and useless concept perpetuated by people who expect to get something for nothing, what makes things happen is (1) actually fleshing out the idea through constant interaction with other people more knowledgeable than yourself, giving you additional reasons and urgency to actually build it, and (2) actually building it. The difference between the successful and the unsuccessful entrepreneur often has much more to do with how well that person can actually organize the people around her into making their dreams a reality than about an idea.