David J W Bailey Blog on startups and tech-media
David J W Bailey -
Media and Technology Musings from the fringes of consumer entertainment software, with some biological analogies and comments on the life of start up companies
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Re: Killing Bad Ideas, Raising Good Ones To Maturity: Step 1.
by Anonymous
"The reaction of potential investors, who have many years of experience, and extremely objective, will provide you with vital information on the likely success or failure of your idea." I completely agree. (I tend to try to get bank loans for business plans for similar reasons - I don't actually want the loan, I just want to find out what the high-growth bank guy thinks. This at one point saved me about two years on an attractive but poorly-thought-out idea!) But how would you implement this if you're working in a traditionally uninvestable area? I'm thinking film production, obviously. You've got to be very optimistic to expect a return on just about any independent production as an outside investor, regardless of merit, so if as a creator you've decided you want to go there anyway, how would you go about getting the same sort of feedback you're talking about getting from investors?
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