Tag: evaluation of ideas

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Evaluating business ideas for college or university leaving graduates

Long Beach, Kommetjie. Photo Copyright by Chesney Bradshaw
Long Beach, Kommetjie. Photo Copyright by Chesney Bradshaw

You get people shouting stuff about small business ideas all over the Internet. One guy was screaming to get attention with the statement that an idea is 1% of success while execution is the 99%.

There is also that statement about 20% or even a lower 10% of ideas succeeding in their first year. This has merit when you consider that the study found that venture capitalists only express interest in fewer than 5% of new start-up idea proposals they review (Source: “Are “better” ideas more likely to succeed? An empirical analysis of start-up evaluation”). Continue reading “Evaluating business ideas for college or university leaving graduates”

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5 essential questions you need to ask before launching a big new idea

Did you see this news photo in the Huffington Post? The photograph was taken by Zac Noyle of A-Frame Photo and is the property of the photographer and the photographic company.
Did you see this news photo in the Huffington Post?
The photograph was taken by Zac Noyle of A-Frame Photo
and is the property of the photographer and the photographic company.

We are creatures of habit. Sometimes to our own detriment. I thought about how we are creatures of habit this morning on my run when I came across some rubbish piled at the corner of one street. A few months ago during the cold someone had smashed open dirt bin and made a fire from the rubbish to keep warm. Much later the concrete dirt bin was removed for repair and all that remained was the circle or base in which the dustbin was previously seated. But pedestrians still take their rubbish to the same spot and place it there although there is no dustbin anymore. Continue reading “5 essential questions you need to ask before launching a big new idea”

Posted on

5 essential questions you need to ask before launching a big new idea

Did you see this news photo in the Huffington Post? The photograph was taken by Zac Noyle of A-Frame Photo and is the property of the photographer and the photographic company.
Did you see this news photo in the Huffington Post? The photograph was taken by Zac Noyle of A-Frame Photo and is the property of the photographer and the photographic company.

We are creatures of habit. Sometimes to our own detriment. I thought about how we are creatures of habit this morning on my run when I came across some rubbish piled at the corner of one street. A few months ago during the cold someone had smashed open dirt bin and made a fire from the rubbish to keep warm. Much later the concrete dirt bin was removed for repair and all that remained was the circle or base in which the dustbin was previously seated. But pedestrians still take their rubbish to the same spot and place it there although there is no dustbin anymore. Continue reading “5 essential questions you need to ask before launching a big new idea”