As we look down this road of prototyping I wanted to get a sense of what it is people really think leads to the failure of a tech start up. Please feel free to follow the link and weigh in.
Imagine if you will folks an application that searches your refrigerator automagically knows the items that you usually buy and what you are currently missing. While you are in the vicinity of your local market, the fridge alerts your phone that you are out of milk and within a mile of the grocery store. This might actually be a product, but lets say its not for argument sake. Pretty darn cool but unfortunately the person who has this idea has no idea how to start seeing this through to fruition.
As the economy continues to trend downward and people are losing their jobs, we see this increase in entrepreneurs finally being able to pursue their big idea’s. (continue reading…)
I am a huge fan of BBC America for 2 main reasons. Ramsay’s Kitchen Nightmares and the Dragons’ Den. Though I really can’t stomach most reality television, these are my exceptions. Dragons’ Den pits 5 millionaire investors willing to invest their own money in hopeful entrepreneurs’ products and ideas. These idea’s are anything from automatic rocking baby strollers to spicy jerk chicken marinade recipe’s. Gordon Ramsey is basically all 5 of those dragons rolled into one loud, foul mouthed, restaurateur that does nothing but make your restaurant successful.
I have been watching these shows for all of about 6 months now and I have come to realize what Chef Ramsay and the Dragons’ are looking for. Wait for it…it’s the basics. Of course it is a lot more than that but when both show get really interesting is when the “victims” don’t do the basics. (continue reading…)
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