By k | April 17, 2008 - 6:00 am - Posted in New Business Development

I hear it from wanna-be entrepreneurs
all the time.
If only they had a million dollars,
they could get their idea off the crowd.

The thing is…
there are plenty of ideas
that don’t need a million dollars in capital
to launch.

As Geek Squad’s founder Robert Stephens says
“Innovation is about trying lots of things.
Rather than spending $100,000 on one idea,
we could put $1,000 toward 100 ideas …
Many billion-dollar businesses don’t start out
as a billion-dollar idea,
they start out as a $500 idea.”

Get started with that $500 idea.

This entry was posted on Thursday, April 17th, 2008 at 6:00 am and is filed under New Business Development. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1 Comment

  1. April 17, 2008 @ 2:40 pm

    All of us competing with Geek Squad sure wish we had $100,000 to keep going. Robert Stephens sold out to keep his dream alive. Unfortunately Best Buy isn’t looking to buy out any other local computer shops. He was in the right place at the right time - in Best Buy’s back yard.

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