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We all are Idea machines and we generate a new idea every minute. How of us have felt that the best ideas of our lives are born while taking bath ? I myself have a document with 100s of my ideas. Its very interesting to read them once in a while….. so many of them. Thats why Ideas dont have any value, they are free.
Ideas are free, but they have a life time. If you dont implement it, someone else will. Ill give you an example. Back in 2002 I had this idea to create a virtual stock exchange, where we can play share trading game. Trading will be based on real values, but virtual money. The idea was to enable every person to try his trading skills with out burning cash. I discussed this among my friends, but we are college kids then and we didnt have the tech/business knowledge to implement it. Everyone forgot about it until recently we found these sites.
http://khelostocks.com/
http://markethero.in/
These sites have the same idea, hats off to those guys. Like these there were several ideas we discussed and threw away. Social bookmarking was one idea my friend Sanil had even before delicious and digg existed.
The point is, its not the idea that matters. Its the timely implementation that matters. Ideas are free, but implementation is not. So if you are sitting on an idea, talk to few and if the feedback is good, get started now. Otherwise someone else will do it.
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Review on — March 20, 2008, 9:02 am