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The Perfect Idea

Thursday, September 29th, 2011 – running time 05:38

Successful entrepreneur and CEO, Jay Adelson, demystifies the start-up process by providing advice, tips, and answering questions. Today he discusses good ideas, bad ideas, perfect ideas and how perfect one needs to be in order to devote passion and energy to it.

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Today's Homework Assignment

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03:46
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Jay's chalkboard notes on if you need a patent to protect your idea:

- There is no perfect idea

- Is the idea better than your current job?

- Start-ups = big commitment

- Just take the leap

- Be aware of long term implications

Today's Homework Assignment

Finding which idea to run with:

- Try flushing out ideas

- What are problems you're trying to solve?

- What effect will the product have?

- What's the size of the market?

- Potential revenue

- What ideas seem easier?

- What ideas make most sense?

03:46

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Have questions about launching a business that you want answered? Submit them to askjay@revision3.com, or upload a video question on our YouTube page. And make sure and follow Jay via Twitter.

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