Gyaan Sutra On entrepreneurship and technology

One of the biggest questions you need to answer when you are planning to startup is ‘If your Idea is good enough’. The usual route is to find friends, family and colleagues who have done something similar and discuss your idea with them. Now the problem with that approach is there might be nobody in your immediate circle who has had a similar experience before.

Here is a novel approach to help people validate their ideas in front of a more experienced audience - IdeaWicket. How it works is simple, you enter your ideas, and people look at it and tell you what do they think about it.

One might think that protecting your idea might be a major concern here. Since people have access to your idea, it is very possible that they would use it. The solution to the problem is simple. Your assumption is wrong. A successful company would not only have the perfect idea, it would also need great execution and marketing. Great ideas by themselves have known to fail, and often. As long as you keep the core of your ideas with you, the defining factors of your organization, your expertize or connections, which are not as easy to replicate, you would do just fine.

So all you budding entrepreneurs, pen down your ideas, and see the kind of a response you can get. Maybe this is all you need to get the confidence that you have been thinking on the right lines all along.

IdeaWicket