What Makes A Good Idea

What Makes A Good Idea

 The very best startup ideas tend to have three things in common:

  1. they're something the founders themselves want.
  2. that they themselves can build.
  3. and that few others realize are worth doing. (Microsoft, Apple, Yahoo, Google, and Facebook all began this way.)

Successful founders got their ideas from some sort of external stimulus hitting a prepared mind.

If you look at the way successful founders have had their ideas, it's generally the result of some external stimulus hitting a prepared mind.

Bill Gates and Paul Allen (founders of Microsoft) hear about the Altair and think, "I bet we could write a Basic interpreter for it."

Drew Houston (founder of Dropbox) realizes he's forgotten his USB stick and thinks, "I really need to make my files live online."

Lots of people heard about the Altair. Lots forgot USB sticks. The reason those stimuli caused those founders to start companies was that their experiences had prepared them to notice the opportunities they represented. (source)

The questions you must ask yourself: Is your mind prepared? And what experiences leading up to now have prepared me for this idea?

If you haven’t been preparing or having previous experiences, it’s doubtful that you’ll be ready for the world-changing idea when it hits your unprepared mind.

Don’t try to build something you don’t know how to build. It’s expensive, rarely works, and generally a poor idea (unless you’re building a boat and your business partner said “Let there be light…”).

(photo via josemanuelerre)