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Would It Be Crazy IF?

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by Eric | Apr 15, 2011, 8:52am EST

This week I did a presentation to two sections of a prominant business school with an hour of Q&A in between. I fashioned it off a line I read in an article I discovered on XYDO.

Would it be crazy if (you fill in the blank).

Imagine just doing lunch with a few smart buddies in a total brainstorm session all keyed on that very line. The point is to observe those industries around you or where you share a passion, ones where the status quo is often dictating policies that exist because:

A) That’s the way we just do it.
B) Regulations force it that way
C) It just works, why change it.
D) Fill in the blank ______

So let’s have a little fun: Join in at your peril — you just might have killer idea for an amazing startup.

Would it be crazy if I could group a bunch a friends and dictate amazing savings at local businesses?

Groupon

Would it be crazy if we could eliminate the fees for late video rental returns?

Netflix – Remember before streaming, it was only about having a disk sent out that you could keep forever.

Would it be crazy if I could just buy every shoe out there in a single place?

Zappos

Would it be crazy if I could buy just the song I want, and do it at a known flat rate?

Itunes

Would it be crazy if I actually take contol of my personal finances?

Lombard, my company that started online stock trading. In todays world — Mint.

So this is where it gets really fun. Grab a few buddies and just do lunch. Start with the “would it be crazy if” mantra and let it flow. I’d love to see in comments a few of your ideas and how you see exciting ways to change the world. Remember, ideas are worth almost nothing, it’s all in the execution. So don’t be shy.

Still, without an idea, all the other formative parts of getting a startup going cannot begin. Take a look at all the hot startups you admire, and almost without exception, the people doing them were exactly like you when they started. Strap it up, and get in the game. Nothing in life is more gratifying.  After all, it’s just lunch.

  • http://www.facebook.com/people/Christopher-Calder/668101832 Christopher Calder

    Wouldn’t it be crazy if I could post a video feed to the internet in real time instead of after the fact?
    -Flip, 1 day after Cisco killed it. Someone needs to do this for smartphones.

  • Eroach

    One additional thought on the subject. Even people in existing businesses can apply the same logic to their company, section, group, or team. Innovation is possible at all levels and in every institution.

  • http://roachpost.com/ Eric

    Yea, kind of an instagram for video.

  • http://roachpost.com/ Cameron Brain

    It’s called Qik.com my friend. :-) Been around for years.

  • http://www.facebook.com/people/Christopher-Calder/668101832 Christopher Calder

    Nice! Thx.
    #feelingsheepishbuticallthatmarketvalidation

  • http://www.facebook.com/davidtaggart David Taggart

    Wouldn’t it be crazy if instead of the accredited investor rule where THE barrier to entry is a net worth o $1 million+
    the barrier to entry was knowledge based? What if using that same framework this was the case for all financial products whether it be stocks, bonds, FX, options, etc. out to VC, PE, and hedge funds?

  • http://roachpost.com/ Eric

    That would be interesting. Still trying to quantify it would be very difficult. Can you imagine trying to talk investors into taking some kind of test to qualify?

  • Dave

    Wouldn’t it be crazy if you could genetically engineer a rabbit that only eats weeds and craps fertilizer?  Lawn owners world wide would line up at the door.

    Or…wouldn’t it be crazy if you could use technology to expedite the permitting/rebate processes for renewable energy projects and shave thousands of dollars of installs?  You could reduce the major gap to “grid parity”, accelerate adoption of renewable energy without subsidies and reduce U.S. dependence on foreign oil.

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