The "great idea" is largely a myth. If the execution is perfect, the idea doesn't need to be "great". I have found this to be true in my own life. I created my first 3 companies for all less than $1000 at startup. Generally when someone pitches me an idea they haven't gotten off the ground because they lack funds...the idea usually isn't all that great. Great ideas don't make great entrepreneurs. Create something and usually help and money will find you An easy read on this subject from a wealthy man's perspective: http://www.amazon.com/How-Get-Rich-F.../dp/0091912652
WHAT ARE THE BIGGEST MYTHS YOU KNOW REGARDING GETTING RICH? The first
is the claim that people did not set out to get rich but became rich by 'accident'. 'Oh, I only did what I love to do and woke up one day to find myself wealthy.' That sort of thing. It may have happened. But very rarely in my experience. Some people are merely better at disguising desire, that's all. Others, usually not those you would care to spend a vacation with, have a naked lust for money stamped on their features, evident in even their most commonplace conversations. But a capacity for disguise and dissimulation doesn't alter the fact that the vast majority of the self-made rich worked, secretly or openly, like billy-o to acquire their wealth. The second myth
is that people got rich by having a 'great idea'. While this is a more feasible hypothesis than having got rich by accident, it is a trap, because it is a partial truth. All of us have had great ideas from time to rime. I have had a great idea for a kind of Spiderman gun that would shoot out a sticky web at a burglar in your house and disable them without harming them. Will it get made? Probably not. The follow-through, the execution, is a thousand times more important than a 'great idea'. In fact, if the execution is perfect, it sometimes barely matters what the idea is.
If you want to get rich, don't sit around waiting for inspiration to strike. Just get busy getting rich. Thirdly
, and lastly, I think that perhaps the most destructive myth about becoming rich lies in remarks like: 'Well, it was OK for you starting out in the late 1960s. But times have moved on. You couldn't do it that way today.' Perhaps not, but you can certainly do it some way. Times change, but human nature, the lure of wealth and the determination to acquire it remain a shining constant in the world of ambitious men and women. The example of others not even born in the 1960s is all around you. They prove such thinking to be false. If you think that it can't be done and dwell on that thought too long, then you are likely to remain poor. It's as simple as that.