Finding Your Billion Dollar Idea

We all have those moments where we say, "Man I wish someone would create this" or "This is a great idea, its probably worth a billion dollars," and you just very well may be right. The problem is that the majority of us will never pursue these great idea. Your idea could be the next Facebook or Amazon, or may be something small but just as useful like the pooper scooper or the toaster oven.

Jot It Down

Keep a journal handy, whether its on your phone or a physical notebook. When you get an idea, jot it down and revisit it later. Think to yourself, "What is a problem that I have? Is there an existing solution to my problem? If so, how can my idea make it better." Not every idea you think of will be a game changer and thats okay, but something in your book is. All you have to do is try it.

Sharing

There is an age old fear of people worrying about others stealing their idea upon sharing it with them. That notion is false. As Howard H. Aiken, an engineer for IBM once said, "Don't worry about people stealing an idea. If it's original, you will have to ram it down their throats." That's the truth! The only way for people to hear about your idea is to share it with them. Sharing allows you to gain feedback, meet potential investors, generate interest from users, and find team members to help you build the product. If your idea has holes, sharing it will allow you to figure out solutions, work on your pitch, and get a better understanding of your own project. Plus, for someone to actually steal your idea, that involves them having to create it, which generally no one is willing to do.

Keep In Mind

If you are looking to find a get rich fast idea, entrepreneurship is not for you. Instead, find something that you are passionate about. Something that you can see yourself dedicating every waking moment to and then go after it. Remember, Rome wasn't created in one night and neither was Facebook.

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