I’m an idea person. I come up with ideas constantly. Where I usually get stuck is what to do with those ideas. Write a blog post? Tweet about it? Open an LLC? Talk to an investor? Build an MVP?
Ellen’s article does a fantastic job addressing the possibilities. She outlines 4 possible paths:
- Yes, this should be a VC backed company.
- Maybe, this doesn't look like a venture-scale company, but is definitely looks like a company (and some other financing might be appropriate).
- Maybe, but first you should keep going with this as a serious project to answer where you want to take it.
- No, this is more of a personal/hobby project which is still great!
A very helpful reference that I’ll be coming back to often.