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Why not build a team BEFORE the idea?

 
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SocEntrepreneur

posts: 10

Jan 03, 2011 11:24 AM ET    Quote  Report Abuse
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I heard a really interesting idea recently (here, if you're curious).  Basically, they say that if you want to build a great team, you shouldn't have a completely solidified plan when approaching potential partners.  Instead, have a vision (for example: "I want to develop a new energy source for urban areas"), and let the specifics come together naturally, based on who's interested.  If a solar expert in LA is interested, you'll have a very different path than if you happen across a wind expert in Chicago.  Since it's all about the execution, having an idea that's a good fit for the team is so much more important than having the 'perfect' idea to start with.

What do you think?

(If you want a bit more background information - the book is called "Action Trumps Everything", centered around the idea that it's often better to act than analyze.  But it goes one step further, and teaches you how to act effectively in an entrepreneurial situation.  It's also free here!)

daveb1

posts: 146

Jan 04, 2011 3:08 AM ET    Quote  Report Abuse
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great way to generate more ideas - also known as brainstorming. i personally like this idea as you can prevent others from stealing your ideas lol

guyfarmer

posts: 5

Apr 11, 2011 5:21 PM ET    Quote  Report Abuse
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I'm a big fan of gathering people together and allowing them to come up with whatever ideas they generate.  It's especially effective if you don't set any limits on creativity or thought.  Groups like this can develop all kinds of great ideas and approaches.

EmmaAmes

posts: 26

Jul 06, 2011 3:24 PM ET    Quote  Report Abuse
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A lot of people attend seminars for this reason, I believe. It may not be the ultimate purpose of signing up for seminars, but to have the opportunity to meet and share ideas with people of the same interest in business or ideas with you should be taken advantage.

Free-flow and conversational manner of discussing things tend to prove much effective when it comes to generating and building on what you already have in mind. Add to that the fact that you are "brainstorming" with fellow businessmen and thinkers, you are in for a good money's worth. And if for anything, you can build relationships with these individuals and who knows, an eventual business prospect.



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Emma Ames, Pepper Virtual Assistant, http://www.peppervirtualassistant.com/
johndiv23

posts: 108

Jul 06, 2011 9:34 PM ET    Quote  Report Abuse
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Well to attract partners you have to sell something. And what great item to sell other than a great idea or vision. But of course it shouldn't be all talk, of course we have to support some facts into it so that this vision will be realized.



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physical therapy chattanooga
GaryBarzel

posts: 157

Aug 11, 2011 7:45 AM ET    Quote  Report Abuse
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This is a nice idea in theory although I'm not sure it could work so well. If you have a team in place already then yes it could work, but if you are looking to get others to join in and help contribute an idea that's where it can get tricky. I would imagine the people you would want to bring in on this are talented and developed entrepreneurs so that if they are in then your idea will fly. The problem is you won't have anyone really take you seriously if you just throw them a bone and tell them hang on to it, it will develop over time. In order for you to get people to take you seriously you need to have some sort of plan that can depict the value and potential of your idea, so that they will show a genuine interest in what you have to offer.



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Gary Barzel - Manager of Business Development
FastUpFront - Business Loans and Working Capital
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