Chronicle Of A Startup: The Kernel Of An Idea - InformationWeek
IoT
IoT
Mobile // Mobile Applications
Commentary
2/27/2008
09:39 AM
John Foley
John Foley
Commentary
Connect Directly
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%
RELATED EVENTS
Ransomware: Latest Developments & How to Defend Against Them
Nov 01, 2017
Ransomware is one of the fastest growing types of malware, and new breeds that escalate quickly ar ...Read More>>

Chronicle Of A Startup: The Kernel Of An Idea

I have an idea for a new venture that seems promising to me. Is it? I'm on my way to Silicon Valley to find out.

I have an idea for a new venture that seems promising to me. Is it? I'm on my way to Silicon Valley to find out.I'm writing this at 36,000 feet on a flight from New York to San Francisco. My main reason for going is to meet with early stage technology companies and to interview them for InformationWeek's Startup City TV. I'll also be getting together with a few people who invest in new companies, and when I do, I plan to run my own idea for a new company past them to see if it has any potential.

Ideas are a dime a dozen. The copy of Sky Mall magazine in the seat pocket in front of me shows that it's possible to commercialize almost anything. From the NASA-inspired aluminum-frame recliner to the world's largest crossword puzzle (7' by 7') to the Rat Zapper Ultra, innovation comes in many sizes and shapes.

My first challenge is to figure out if my idea is worth pursuing. I need to determine not only whether it's original and feasible, but if there's a market for it. That's hard to gauge from brainstorming with my circle of friends and acquaintances. I need to cast the net wider, consult some real experts. As it happens, I talk to people on the front lines of business innovation every day. They're about to become my informal advisory board.

So, what is my bright idea? I don't want to reveal too much just yet, but I will say that it's a Web site and it's not related to my work as a technology journalist. It's rooted in a personal interest outside of the office. The site would have a heavy dose of Web 2.0 technology and principles behind it. For now, let's call it Project Melville.

I realize going into this that my idea has a small chance of success. This "chronicle of a startup" could be a two-part series -- the hopeful beginning and the abrupt end. But I'm committed to giving it a try. Sand Hill Road, here I come.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll