Idea Lifecycle – Intro

idea matrix

This week I have decided to do a “mini-course” on the lifecycle of an idea. Undoubtedly there are those for whom the lifecycle might look a little different but generally this should provide you with a framework for what the process really looks like. Each day we’ll do a deep dive into one of the …Read More

Free Business Ideas – Events

Even though I like to talk about ideas, generating them and turning them into profitable businesses, I tend to be a little tight lipped about my own specific ideas for obvious reasons. However, I have more ideas than I’ll ever have time to execute on so from time to time I come across ideas that …Read More

Why New Ideas are More Important Now Than Ever

I never really got over the disappointment I expressed regarding the Behance post which suggested ideas were “an engaging, brain-spinning indulgence,” and their founder who was quoted as having said “if anything, we have a surplus of ideas. Excess ideas are our greatest cost. What we need is fewer ideas.” What I should have mentioned …Read More

New Business Ideas

When we get stuck trying to develop new ideas for businesses, or new revenues streams for existing businesses, we can look in the cracks between what is already known for opportunities which are easily overlooked. Yes, it sounds easier than it is sometimes but one way to think about this is to step back from …Read More

Good Technology or a Good Idea

According to a recent article in Forbes, good ideas are more valuable than good technology. That’s not to say that if you are an upstart company you should skimp on technology, but if you’re planning to get venture capital or expect a quick acquisition, a good idea is more significant. The fact remains that technology …Read More

Too Many Ideas?

I stumbled across this post on Behance recently which rather unfairly characterized idea generation in the following quote which first appears on the page: “Idea generation is an addiction… an engaging, brain-spinning indulgence that must be practiced in moderation.” That sounds downright fascist to me. After reading the post a few times I think the …Read More

How To Kick-Start Your Creativity

It makes me laugh every time I hear someone say they are not creative or never have any good ideas. I think the real issue is that the don’t recognize their own creativity. Often, the best ideas are not some completely original, brand new “thing.” Rather, they are variations on a theme, a new take …Read More

Assessing Ideas

When the flood of ideas for businesses starts to hit you, and if it hasn’t already it eventually will, you will be tasked with determining which ones to tackle. Getting through that process will be trying at times so here are a few suggestions to make it easier. 1) Remember not all ideas are good …Read More

Good Ideas Are Not Enough

Let’s face it, we all like to be “the idea person.” Coming up with creative ideas is fun, challenging and often exciting. But if you want to start a business that will support you, or even bring you wealth, even great ideas are not enough. We must learn to execute on those ideas and that, …Read More