Daily Business Ideas

What to do with an idea the morning you read it

Most ideas die in the first hour. Not because they were bad, but because of what the reader did with them. Either they judged the idea on the spot and moved on, or they got excited and started building. Both feel like progress. Neither is.

An idea in this newsletter is a starting point. It names a kind of customer, a problem that customer has, and a shape of business that could remove the problem. What it can’t tell you is whether that problem is worth money to the people who have it, or whether you are the person to solve it. Those are the two questions the first hour is for, and you can’t answer either one by thinking harder about the idea.

So the first move is not to decide. It is to write the idea down in your own words, as a claim you could be wrong about. Say the idea was a quoting tool for sign shops. Written as a claim, it might read: sign shops lose work because a quote takes them two days, and they would pay for a way to send one the same afternoon. Notice what happened. The idea stopped being an idea and became a sentence with a customer in it, a cost in it, and a promise in it. Each of those can be checked, and none of them can be checked from your chair.

Then go find one of them. Not to sell anything. To look. A sign shop has a website, a listing with reviews, a trade forum where owners complain to each other, and every so often a job posting. Read those with the claim next to you. A shop hiring an estimator is telling you that quoting hurts. A review that says the quote came back fast and the job was won on it is telling you the same thing from the other side. A forum thread where six owners describe the spreadsheet they built for quotes is close to a purchase order. An hour of this reading usually does more than a week of building, because it answers the question the building would have skipped.

The question you are avoiding is whether this is a good idea. That question has no answer yet, and forcing one is how ideas get thrown away or overcommitted to on the same morning. Better questions are smaller. Who exactly has this problem. What does it cost them now, in hours or lost work or money. What do they do about it today. That last one carries the most weight. If the honest answer is that they live with it, you have learned something real: a problem people put up with is often not a problem they pay to fix. If they pay someone, or built their own workaround, or argue about it in public, you have something worth another week.

Buying the domain feels like the first step. It is a few dollars and it is fine to do, and we link to it for that reason. But it is a receipt for excitement, not a decision, and it is worth knowing the difference on the morning you buy it.

Give the idea a week at an hour a day. By the end you should be able to say, in plain words, who the customer is, what the problem costs them, and what they do about it now. You should also be able to answer a fourth question that has nothing to do with the customer. A business that sells to sign shops means a year or two of talking to sign shops, reading about sign shops, and caring how their week went. If that sounds dull to you, stop here. It cost you nothing, and the next idea arrives tomorrow morning.

If the idea survives the week, next week’s note is about the person on the other end of it, because the product comes after the customer, not before.

All notes