Young Entrepreneur Forums  
en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
Find Qualified Vendors
 

Welcome to the Young Entrepreneur Forums

   
NBTL NBTR

Find Business Partners Get Involved in Startups Commercial Real Estate Startup Jobs Find Business Opportunities


Young Entrepreneur Forums » General Business » General Business » Why Smart People Have Bad Ideas



Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 08-28-2006, 07:25 PM   #1 (permalink)
YE Veteran
jgarifuna's Avatar
Activity Longevity
0/20 10/20
Today Posts
0/0 ssssss569
Why Smart People Have Bad Ideas

I thought this was posted here before, but I just read it and I thought you guys might find it interesting:

http://paulgraham.com/bronze.html

feel free to post back your comments after reading it.
__________________
Jorge Garifuna
Professional Web Developer
GariDigital.com - Your Web Solution Partner
____________________________________________
TheOpenZone.org - Open Source Solutions/Discussions for Businesses (*NEW*)
____________________________________________
ArmHost.com - Make Extra Cash Reselling Great Hosting Plans or Simply Use For Yourself and Save (*NEW*)
jgarifuna is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-28-2006, 07:36 PM   #2 (permalink)
Senior Members
Antdizzle's Avatar
Activity Longevity
0/20 16/20
Today Posts
0/0 ssssss354
Location: Las Vegas, U.S.A.
Send a message via AIM to Antdizzle Send a message via MSN to Antdizzle Send a message via Yahoo to Antdizzle
I'm dumb, so does this mean I will have good ideas?
Antdizzle is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-28-2006, 07:45 PM   #3 (permalink)
Senior Member
Activity Longevity
0/20 8/20
Today Posts
0/0 ssssss277
Interesting. Because we're girls, and bored in LA our first idea was www.idatela.com - give people a way to meet other people in LA on and off the internet with online members and offline events.

Been there, done that. The idea has like 2.5MM competitors.

Scrapped. Back to the drawing board.
__________________
EntrepreneurGirls
Business - from the female perspective.
MsNadi is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-29-2006, 05:33 AM   #4 (permalink)
Senior Member
Activity Longevity
0/20 8/20
Today Posts
0/0 ssssss116
Can somebody summarize it for me.
noname is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-29-2006, 08:49 AM   #5 (permalink)
YE Veteran
nado's Avatar
Activity Longevity
0/20 12/20
Today Posts
0/0 sssss1060
Location: Wollongong, AUS
Send a message via MSN to nado
Quote:
Originally Posted by noname
Can somebody summarize it for me.
+1 ... yes please
__________________
YEuth! ... Non-Profit Young Entrepreneur Organization
nado is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-29-2006, 10:11 AM   #6 (permalink)
Senior Member
Activity Longevity
0/20 10/20
Today Posts
0/0 ssssss113
Location: UK
Quote:
Originally Posted by nado
Quote:
Originally Posted by noname
Can somebody summarize it for me.
+1 ... yes please
again this would be useful
Slevin is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-29-2006, 01:10 PM   #7 (permalink)
Member
cokeclassact's Avatar
Activity Longevity
0/20 8/20
Today Posts
0/0 sssssss95
Send a message via AIM to cokeclassact
basically it talks about a contest for ideas. the guys running the contest thought they would have promising ideas and unpromising ideas. they realized here was a third category. promising people with unpromising ideas. they also said the beauty of startups was that you can employ brilliant people at mundane tasks. like einstein designing refrigerators.
cokeclassact is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-29-2006, 01:59 PM   #8 (permalink)
YE Veteran
jgarifuna's Avatar
Activity Longevity
0/20 10/20
Today Posts
0/0 ssssss569
I think it boils down to people jumping into the first thing they think about right away without taking into consideration their other opportunities.

As per the author, part of the problem is the education system, since most people spend about 15 years of their lives solving predefined problems provided by someone else and not enough time defining their own problem to be able to select from the best problem to solve solutions.

here is the one-liner:
do what everyone else hates to do, to get paid big (from the business side that is)

If there is anything to learn from this, here is what caught my attention:

"In fact there is no such thing as "business." There's selling, promotion, figuring out what people want, deciding how much to charge, customer support, paying your bills, getting customers to pay you, getting incorporated, raising money, and so on."
__________________
Jorge Garifuna
Professional Web Developer
GariDigital.com - Your Web Solution Partner
____________________________________________
TheOpenZone.org - Open Source Solutions/Discussions for Businesses (*NEW*)
____________________________________________
ArmHost.com - Make Extra Cash Reselling Great Hosting Plans or Simply Use For Yourself and Save (*NEW*)
jgarifuna is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Navigation
Register! - Join Now - It's Free
Registration at YoungEntrepreneur.com is completely free and takes only a few seconds. By registering you'll gain:

- Full Posting Privileges.
- Access to Private Messaging.
- Optional Email Notification.
- Ability to Fully Participate.

To Register now click here
Quick Register - It's Free
User Name:
Password:
Confirm Password:
Email:
Confirm Email:
Birthday:  
Check to Agree with the forum rules. 
Need Business Services?
Looking for Quotes?

LFQ

Choose a category:

Latest updates from the YE blog!
Premium Memberships
We will soon be offering a Premium Membership with added benefits and access to exclusive services, support and solutions. To be informed on when this launches click here
Forum Sponsors


Legal Forms

Click here to inquire about advertising
SEO by vBSEO 3.2.0
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Copyright 2007 YoungEntrepreneur.com Inc. / YoungEntrepreneur.com : Entrepreneur Marketing Forum