ENTR200 Lecture Notes - Lecture 15: Mason Jar, Spaced, Rolodex
Document Summary
Bird in the hand principle - lecture 15: relationship between spaced out idea and things that people actually want. Parking garages: car just disappears get out of car where it disappears and then reappears when you need it again. Spaced out idea turned to a blue sky idea. I don"t have a good idea : not true. It starts with an idea, which starts with a transformation of the means you already have . Idea = anything + you: action turns a mere idea into a valuable opportunity . Opportunity = idea + action (find/make: what turns an opportunity into a viable business is commitment . Commitment is a tool and can be both positive or negative. With low levels of investment mvp, affordable loss. Working with partners willing to commit resources. If you are checking yes to all of the boxes it is an opportunity you want to change doable (to the greatest extend how much)
