A reader asks:
Why do you give away your business ideas for free? Is it because free business ideas are bad business ideas?
I give away “free” business ideas because I have, read about or come across more business ideas than I could every possibly execute myself. Besides business ideas in and of themselves are essentially worthless, it’s difficult to protect business ideas and pretty hard to sell business ideas (for much more than a few pounds/dollars). The value created by a business comes from the execution of the business idea, not the business idea itself.
So is a free business idea a bad business idea? Maybe, maybe not. What makes a business idea good or bad largely depends on the environment in which the idea will be executed and the person or persons executing the idea.
So the business ideas on this blog are freely available because the success or failure of any business you build based on one of these ideas will depend on what you do as the entrepreneur executing the idea.
Asking John:
Do you have a business question you would like me to answer? If so you can Ask John or or you can ask on the forums where you’ll get both my input and that of your fellow entrepreneurs.
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