ideas do matter ...
Filed in archive Entrepreneurship on October 20, 2003
Joi Ito points to an interesting weblog from Loic Le Meur's. He is illustrating his experiences about setting up a company. He has some pretty good points, but from my point of view the (business) idea does matter. There has to be some innovation, a touch of differentiation and some initial appeal to potential buyers. But true this is just one ingredient in the "boiling pot" of founding.
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Rating: 8.00 out of 3 vote(s) cast.
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Response from:
Rob
(10/20/03 6:39pm)
I agree. I think you need some source of competitive advantage or you shouldn't go into business. But I think many people think they need a revolutionary idea, and you don't. Although it may help if you have such an idea. A good management team with a mediocre idea will beat an bad management team with a great idea, most of the time.
Response from:
TJ
(10/21/03 12:08pm)
Yep Rob, you hit the right point. But in order to limit the downside a good idea helps a lot.
Response from:
Loïc Le Meur
(10/22/03 7:31am)
Thanks for this post and the comments about my blog, TJ. Let's keep in blog-touch.
Response from:
Mario
(10/22/03 10:33pm)
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Do ideas matter? http://torrez.org/archives/000300.phphttp://torrez.org/archives/000300.php">http://torrez.org/archives/0003
00.php shares his own point of view with the net audience.
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