That is the the formula for a business, well it is actually (P+S)*W+M=B
Okay I will get off the algebra but what that formula means is take a problem (P), find a solution (S), multiply that with hard work (W) and add marketing (M) and you get a Successful Business (B). The real problem that I have with so many would be entrepreneurs is they think an idea in an of itself is a business. I can’t tell you how many business people (on and off line) have come to me with an idea and wanted my input and investment absent of a business plan, a process, a product and any thing approaching a system. The really annoying ones are the ones that swear you to secrecy and want you to sign a non disclosure agreement.
Even some of my friends seem to do this,they bring me an idea, expect me to develop it and cut them in on the action for blessing me with the thought itself as though it is even original. One guy’s “idea” was pre oiled pads for lubricating a grill (already for sale in Home Depot and he wanted me to swear to secrecy), another “friends” brilliant idea was a special way to find an apartment and this guy wanted me to sign a non disclosure, his “idea” was far less effective than apartmentfinder.com which already exists of course.
The fact is ideas are a dime a THOUSAND, I have more good ideas than time to work on them and an idea is nothing but a thought, the hard thing is to understand the concept existed before anyone thought it! The wheel existed before the first stone cutter made one! Ideas are powerful but they are nothing more than a “thought form”, you don’t own them, they don’t belong to you. To own a concept, a system, a business, a patent, etc you have to bring the thought form from the dream world into the materiel, you have to create it.
So while finding an “idea” is great you will do a lot better to find your passion, seek a problem that it can address and get on with creating a material solution and marketing the living hell out of it. Remember that the next time you hear the moronic statement, “so and so stole my idea”.