{"id":346,"date":"2011-04-05T15:03:39","date_gmt":"2011-04-05T19:03:39","guid":{"rendered":"http:\/\/blog.payne.org\/?p=346"},"modified":"2020-09-15T09:25:00","modified_gmt":"2020-09-15T09:25:00","slug":"which-way-idea-pointed","status":"publish","type":"post","link":"https:\/\/payne.org\/blog\/which-way-idea-pointed\/","title":{"rendered":"Which Way is Your Idea Pointed?"},"content":{"rendered":"<p>Occasionally, I meet an entrepreneur that&#8217;s got an interesting idea, but is oriented in the totally wrong direction for the market.<\/p>\n<p>For example, consider ideas around DVDs: \u00a0they&#8217;re still very popular, but their future seems clear. \u00a0With bandwidth and storage advances, movies will be like music is today: \u00a0downloaded on demand. Music is a language of emotions it represents our feelings, here you get <a href=\"https:\/\/caloundramusicfestival.com.au\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Music related info&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12416,&quot;10&quot;:2,&quot;15&quot;:&quot;arial, sans, sans-serif&quot;,&quot;16&quot;:10}\">Music related info<\/span><\/a>. Here you get the <a href=\"https:\/\/crete-1941.org.uk\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;anything related to history&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12929,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;12&quot;:0,&quot;15&quot;:&quot;arial, sans, sans-serif&quot;,&quot;16&quot;:10}\">anything related to history<\/span><\/a> of the music, do visit.<\/p>\n<p>These kinds of ideas aren&#8217;t necessarily bad, but they require a shrewd assessment of how big the window of opportunity really is. \u00a0Trying to build a company is hard enough; doing it while the market is moving in the other direction is virtually impossible.<\/p>\n<p>But at least you should know going in: \u00a0is your idea oriented in the &#8220;right&#8221; direction? \u00a0Do you have enough time?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Occasionally, I meet an entrepreneur that&#8217;s got an interesting idea, but is oriented in the totally wrong direction for the market. For example, consider ideas around DVDs: \u00a0they&#8217;re still very popular, but their future seems clear. \u00a0With bandwidth and storage &hellip; <a href=\"https:\/\/payne.org\/blog\/which-way-idea-pointed\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,7],"tags":[],"class_list":["post-346","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship","category-ramblings"],"_links":{"self":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts\/346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/comments?post=346"}],"version-history":[{"count":2,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts\/346\/revisions"}],"predecessor-version":[{"id":821,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts\/346\/revisions\/821"}],"wp:attachment":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/media?parent=346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/categories?post=346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/tags?post=346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}