One Day Ideas

Scott Pollack, a very good NYU friend, and also the coiner of the term "One Day Idea" is more interested in the offline aspect to this. That is keeping the idea to a trusted group of friends who meet offline, brainstorm ideas, and then implement the ideas.

Hey, don't get me wrong, I think this blog is a great idea, and can be a valuable resource for budding and experienced entrepreneurs alike. My original thoughts were that a public blog such as this could be used to discuss thoughts on One Day Ideas in general, rather than specific opportunites waiting to be implemented. Contrastingly, an "entrepreneur club" formed in the model of an investment club would be a venue for a small group of trusted individuals to carry out whatever ODIs most tickeled their respective fancies.

However, having seen a few day's worth of discussion on this site, it is obvious that there's something here. The DesperateForMoney.com idea is perfectly inline with ODIs that seemed to have taken off over the years. However, my concerns still remain -- as this blog gains popularity, how can the proprietor of an ODI protect it from some untrusting idea-poacher lurking in anonymity? How can we prevent someone from having registering and launching DesperateForMoney.com and BrokeStudent.com while we flesh out the details in the public domain?

Cal, I like your equity sharing plan in the post "Learning from the TBE Example," but how do we assure such a system works? The honor system only works when you know who's in your circle of trust. As they say, "in cyberspace no one cares if you scream."