Ideas: assets or liabilities?
I got a lot of response to my blog about hypernumerals yesterday, but mostly in my email. Please be adviced that the comments are on so you can answer in the blog itself.
I do not agree with some of you that there not enough ideas around. In Slashdot today: "Ideas are really the sexy part of innovation and there's rarely a shortage of them. If you look at the biggest problems around innovation, rarely does a lack of ideas come up as one of the top obstacles; instead, it's things like a risk-averse culture, overly lengthy development times and lack of coordination within the company."
The question is whether an idea is an asset or a liability.
When I said I am giving ideas away, it is because otherwise they become a liability since I do not have the financial backing to exercise them all. If I do not give them away, they accumulate as to-do lists in my head or like save-bookmarks. So, better that somebody else does it then, so that I am rid of them. Invention without a financial return is just an expense. Ideas without the power to exercise them become frustrations.
Whether there is job in gatekeeping or idea-production for companies? I doubt it very much. Although I love ideas, thinking, philosophy and abstract objects, basically ideas are worthless. It is 10 times tougher to come up with a prototype; 100 times tougher to come up with a company around it that is working and has real customers; 1000 times tougher with a company that is profitable and keeps evolving and 10,000 times tougher to do an IPO around that company and finally 100,000 times tougher to exit as a multi-millionaire.
Walter
September 3, 2007
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