From good to brilliant – Day 14/139

There just isn’t an idea that would be good from the start

Almost all people come up with ideas with some business potential sometime in their life. Most never do anything about it.

I’m sure even a bad idea can be turned into a brilliant one if enough people are thinking it through. Thinking and discussing an idea is the development that any idea needs to become any good in the first place.

You mean, I should share my idea with as many people as possible?

Actually I think sharing an idea is the only way to develop it further but I still wouldn’t recommend sharing your good ideas with everybody. However, most people overestimate the power of their idea and are scared that someone might steal it, so they don’t share it with anyone. Start by sharing your idea with a few friends and see where it gets from there. But don’t give up on it on the first negative feedback you get.

What about your ideas and their development?

I’m looking for one to three people to join me and submit a business plan to VentureCup. If you’re a business planning guru, that’s great. It you’re a great presenter, even better but you don’t need to be either. If you think you can positively affect the success of our team in the competition, you’re probably the person we’re looking for!

The deadline for the submission is March 10, 2010 12 noon. So you should have some free time in your hands until the deadline to participate.

What’s in it for me?

That’s up to you. The first prize in the contest is 25,000 € and if we win you can be sure to get at least your fair share. If we don’t win anything then you’ve only lost a bit of your time but might have a whole new future ahead of you.