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The one fatal, deadly, mortal, sin that 99.999% of all entrepreneurs commit

It wasn't the product or the invention. It was you. Sorry.

Is there just one? Yes, if you look at 99.999% of the worlds most promising applications and inventions. Just one. What is it? It wasn't the product or the invention. It was the inventor.

Let's imagine you were not the one popular kid in school. And lets imagine you discovered the most ergonomic, arch supporting, econically reasonable, sneaker with the longest lasting rubber sole poly-compound. Did you ever figure out why nobody else bought that same shoe? Did you ever figure out why everybody insisted on wearing those ugly vans-off-the-wall that tore-on-the-sides?

It wasn't the product or the invention. It was you. Sorry.

Do you think that if Facebook was not made by a popular Harvard University kid, it would be so big? Do you think that if Twitter was not made by a Google Exec, it would be as big? In other words, if you wrote the software for twitter and facebook, everyone would still be wearing multipatterned crappy sneakers.

But cheer up. This post is designed to give you visibility into why 99.999% of developers and inventors fail. Now that you know, you can succeed. ... I know web 2.0 people who make checkers and polkadots fashionable. Contact me about your webapp. I'll see about getting you connected.

In otherwords, NDA's, confidentiality agreements, and keeping a project hush hush is worthless

In otherwords, NDA's, confidentiality agreements, and keeping a project hush hush is worthless. Even if a thousand people duplicate my web app, The person with the right connections always wins. Think about it. How many brilliant novels never get discovered like J.K. Rowling? CONT Startups | Venture Funding

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Comments (6)

Jul 20, 2009
thrillofdefeat said...
Very true. Ideas are rarely unique. It's all about EXECUTION. Unfortunately I'm a procrastinator, lol.
Jul 20, 2009
Bob Wan-Qi Kim said...
Another further reading... apps to take over the web... http://news.bbc.co.uk/2/hi/technology/8157043.stm
Jul 23, 2009
Mark Lovett said...
I've seen this first hand...wonderful person, great idea, but lack of business savvy leads to missed opportunities.
Jul 23, 2009
Andrew said...
great post, hording information and ideas just backfires, what good is building a well if the village cant access it? and by being meek about your well, or knowledge or goals only leads people to question the quality or validity of your well. Share it, and be open to their suggestions and criticism, youll have your followers and be improving your well simultaneously.
Sep 25, 2009
Felicia Howard said...
This is great. I see this all the time people are in their own way. Most people don't even know it's them for years. They go year after year and never make much change. I discovered this about three years from one of Jim Rohns speeches. He said "Don't wish for less problems...wish for more skills"

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