Great Ideas Start as Dumb Ideas

In today’s Startup Therapy Podcast, Wil and Ryan talk about dumb ideas. It’s no surprise that most of the successful Startups today started off as a completely bad idea. As it turns out, when given the time to evolve, the market to mature, and the target audience to be open about it, the dumbest idea can become the most profitable company.  

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What to Listen For

• 00:00 Intro
• 00:36 How many successful Startups started as a great idea?
• 04:26 Founders are stuck in “my idea needs to be better”
• 06:07 Ideas are a process and it can change a thousand times
• 09:24 Why is it called Netflix?
• 11:46 The market matures and the idea matures, we have to give it time
• 13:07 This concept that the development of an idea is a linear process
• 16:04 There aren’t a lot of people willing to invest in Startups