article thumbnail

How To Take Your Business Idea From Dream To Reality

Startup Professionals Musings

They can talk with passion about their innovative new idea, and ask lots of questions, but never seem to really get started. The challenge we all have as business founders is to move from the idea stage to a real business. Always write in the future tense, what you will do, and name yourself as the key person responsible.

Ideas 99
article thumbnail

A Serial Entrepreneur’s Guide To Uncovering Awesome Startup Ideas

InfoChachkie

His talk was especially intriguing, as he attended UCSB, but dropped out to start a clothing design company. In this 8-minute video excerpt from his recent talk, Seth describes the practical, hands-on methodology that he uses on a day-to-day basis to identify and vet his entrepreneurial ideas. " Ten Step Idea Evaluation Worksheet.

Ideas 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. If you don’t have the time to write things down, or your writing skills leave something to be desired, don’t be afraid to get some help.

Startup 102
article thumbnail

How To Write An Effective Answer On Quora: Communications 101

InfoChachkie

They claim that Mr. Zuckerberg “stole” their idea of creating a social network for the Harvard student community. The related question was: “ What should the Winklevoss twins have done to protect their idea?” Universal thought the key was Oswald (the idea), whereas Disney knew the key was in the execution of the cartoon.

Writing 150
article thumbnail

The Changing Venture Landscape

Both Sides of the Table

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. However, to be a great VC you have to hold two conflicting ideas in your head at the same time. By definition?—?I’m dot-com bonanza.

article thumbnail

8 Keys For Transforming An Innovation Into A Business

Startup Professionals Musings

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. A great innovation starts with at least three ideas.

Ideas 145
article thumbnail

10 Step Checklist To Rank Your Startup Ideas

InfoChachkie

As Mr. Johnson points out, big ideas generally result from the collision of many small hunches. In isolation, a particular hunch may be worthless, but when combined with other ideas, at the right time, the result can be a game-changing innovation. Seth notes that, “Ideas are a lot like exercising. The Idea – brief description.

Ideas 69