Testing Out New Ideas in Less Than One Month With Less Than $20

I see a common implementation process emerging:

1. Refine the idea on blog (free)
   
2. Come to some sort of agreement to implement the idea (free)
   
3. Register a domain name ($7.95 per year with Go Daddy)
   
4. Create a revenue-splitting agreement with an offshore web development team (free)
   
5. Create and refine the specifications and demo site (free)
   
6. Develop and test the system on an existing domain (free)
   
7. Register for a web hosting account ($9.95 per month with Net Basiks)
   
8. Launch the site
   
9. The One Day Ideas idea community promotes it through their own network.

And just like that, you know whether an idea will work or not in less than a month and with less than a $20 outlay. This is pretty incredible considering that most ideas generally take thousands or moreand months of one's life to test!!!

Entrepreneurs are famed for having a million ideas, but being not as strong in or passionate about implementation. Imagine if people could work on what they're most passionate about and strong at. On the other hand, entrepreneurs would have to make a big shift in mentality. They would have to:

1. Be open with their ideas and trust an honor system.
   
2. Be open to having a small percent of something big.

If the system were to actually work, the next steps after this become essentially testing as many ideas as possible.

Posted at October 14, 2005 03:13 PM | TrackBack