Difference between revisions of "Ideation"

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There is a misplaced myth in the importance of finding investor capital during this stage. The Bootstrapper must have the discipline to avoid taking this step.
 
There is a misplaced myth in the importance of finding investor capital during this stage. The Bootstrapper must have the discipline to avoid taking this step.
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This stage is similar to the [http://en.wikipedia.org/wiki/Monomyth#The_Road_of_Trials Road of Trails] as described by Joseph Campbell.
  
 
*Previous Stage: [[Preideation]]
 
*Previous Stage: [[Preideation]]
 
*Next Stage: [[Valley of Death]]
 
*Next Stage: [[Valley of Death]]

Revision as of 17:16, 25 March 2007

The birth of the product/service.

Ideation involves the newly minted bootstrapper dedicating time and energy towards creating a Demo of the product or service they wish to offer. This stage involves finding a complementary dance partner - a cofounder - who will serve as a key collaboration partner.

There is a misplaced myth in the importance of finding investor capital during this stage. The Bootstrapper must have the discipline to avoid taking this step.

This stage is similar to the Road of Trails as described by Joseph Campbell.