Wednesday, March 30, 2011

baby steps... (for ideas/plans)

Faith is taking the first step, even when you don't see the whole staircase. - Martin Luther King Jr.

I stumbled across this website this morning, and it got me thinking further.
I have been daydreaming about taking one of my ideas and running with it. And Im sure that many others have a similar feeling. 

There's also a new website that potentially takes your idea, and turns it into reality: AHHHA.com
I've already commented on an idea here. Whats weird is that there looks to be 2 versions of the AHHHA.com website? There looks to be a hot or not version of idea ranking, then there is a forum version via getsatisfaction.com? Im confused...

>>From the SocialBeat article:
The money made from the product or licensing deal is then split among Ahhha users based on a set terms. The idea originator gets 1 percent, then the remaining 99 percent is divided among Ahhha and the other contributors, depending on how much the users actually did.
Of course, 1 percent of a licensing deal might seem like an awfully small payment for your idea, but founder and chief executive Matthew Crowe likes to repeat the common Silicon Valley wisdom that ideas are cheap, while execution is what counts. Or, as Thomas Edison put it, genius is “1 percent inspiration and 99 percent perspiration.” After all, 1 percent of a real product is better than 100 percent of a daydream that doesn’t go anywhere.

FYI - My current side projects are tinkering with a rain barrel system, and researching wind generators.