Copyright 2007-2011 JessicaMah.com. Theme by Cory Watilo.

Your business idea sucks, and it's your job to figure out why.

"Jessica, honey, baby, you're a smart girl, but your business idea is total shit, and none of your friends are going to be honest like your mommy is."

Hearing that hurt more than having teeth pulled, but it was for the good of humanity. It made me realize that most people refrain themselves from giving you negative feedback because they want to support you. If you have any relationship with the person you're asking feedback from, they'll find good things to say about your business idea, even if it's a lard of crap. As an entrepreneur, it's your job to get them out of this comfort zone, telling you the brutal truth.

Not only are people too nice when it comes to getting feedback on our business ideas, but many of us sub-consciously seek out "constructive advice" from people who we know are going to give us positive feedback. When someone compliments our idea, it's tempting to move onto getting more "constructive feedback" from other friends who we know will pat us on the back.

When starting a new company, you have the entire entrepreneurial community on your side. "Your idea is fantastic, and you should ignore all of the naysayers!" But I'm going to suggest something different: Instead of ignoring them, talk to as many of them as possible, and figure out why your business could potentially fail. By doing so, you'll be able to anticipate pitfalls that you can then account for. Not to mention, you'll be better able to sway the minds of people who would otherwise be skeptical of you and your idea.

People are too nice. Friends and colleagues will praise you for your entrepreneurial ambition, even if they sub-consiously think your idea sucks. I speak from experience -- when a good friend of mine pitches a business idea to me, I'm tempted to think only about the positives. It's my friend, so I want to uplift his or her sprits! But upon greater thought, I realize how flawed the business is, and I wish my entrepreneur friend knew what I thought.

I've been working on a stupid business idea for the past few weeks, and I've been so pumped about it after getting positive feedback from most of the people I talk to. But just this week, I pitched the idea to my mom. As a successful entrepreneur, I thought she'd be able to give good constructive feedback. And "constructive feedback" she gave. Within 10 seconds, she was able to give me a dozen reasons for why my business idea is flawed, and for why I lack needed experience to see it through.

I thought three things: 1) "Wow, my idea sucks", 2) "Wow, I'm a failure for an entrepreneur", and 3) "Wow, my mom's doing a fricken good job at convincing me not to drop out of college". I cried my brains out from thoughts of being a failure, then recovered with newfound knowledge on how to actually improve on my business. And of course, with renewed motivation to prove naysayers (like my mom) wrong.

Nobody wants to hear how much their idea sucks, and that's because most naysayers are shitty at providing constructive criticism. The last time my mom criticized my entrepreneurial abilities, we were driving to the airport. I remember wanting to jump out of the car rather than to hear her tear apart my dreams. I told my mom, "Why do you hate me so much?!" As an entrepreneur, you probably understand that having someone tell you that your idea sucks is analogous to being made fun of in middle school. You feel like you're hot shit, and then moments later, you realize that you're a loser who didn't know any better.

So suck it up. The best criticism acts like a slap in the face, and you realize that you're dreaming stupidity by thinking that you and your business is great. Maybe I'm a masochist, but I like it when my friends (and mom) tell me the fundamental flaws behind my business. As a smart entrepreneur, drag your friends to their feet and have them offer legitimate reasons for why your business could fail. With a sense of humor in all of this, you'll ultimately be a better entrepreneur, with answers for everyone who questions the purpose of your company's existence.

| Viewed
times | Favorited 0 times
Filed under:                  

16 Comments

Apr 09, 2009
tom said...
I used to get all pumped up when I had business ideas but you really need to surround yourself with entrepreneurs because really, your friends are not the best people to go to for advice.
They will either praise you but not really knowing why, or they will discourage because they are jealous.

And it is all a learning process, so sooner or later your time will come to shine, keep learning.

Apr 09, 2009
Charles Ju said...
Lol. Great post. My mom does this to me all the time too.
Apr 09, 2009
balls@toilet.com said...
lol you cried
Apr 09, 2009
Kevin said...
What was the bad business idea?
Apr 10, 2009
clive said...
your mom sounds tougher than my mum.

indinero, indimoni. can happen, how to add value! innovate @ pain points.

Apr 10, 2009
Arthur Klepchukov said...
Great advice. You need a thick skin for real feedback. It's not personal; everyone has bad ideas.

Accept that you're not going to sell everyone. Glean what you can and adapt. How else are you gonna survive?

Apr 10, 2009
You’re the Shit. › in(c|k) › the personal thoughts of Joshua Gross said...
[...] part, this post is a response to the (pretty fluff-filled) article Your business idea sucks, and it’s your job to figure out why. This girl received some supposedly harsh, yet constructive, feedback from her mother and [...]
Apr 10, 2009
Ryan Clifford said...
Great post! It's funny, because it's so obvious yet we all seek out positive feedback and avoid criticism. However, if one person is thinking it, someone else probably is too (Unless the person is just mean/jealous).
Apr 11, 2009
Dave said...
It's not stupid.

But...

It's impractical for you to build the whole thing, right now.

You're going to have to build this thing incrementally. Chunk it down into small pieces, build them one at a time.

The truth is that mint.com, or intuit, should be adding the capabilities you want for indinero. Typically, these companies ignore the market until a startup comes along with a big user base, right out of left field.

I suggest (strongly) taking a look at what mint, intuit (QB, etc) and other web-based tools are NOT providing, then hammering on just one piece of indinero 'til you have that piece down cold.

Apr 11, 2009
Jon Kepler said...
Now if only more people in The Valley would be honest with each other, we might have fewer revenue-free startups.
Apr 28, 2009
Juan-Pablo Scaletti said...
Most people refrain themselves from giving you negative feedback also because they don't know what a good business idea looks like, and no one want to be the guy who ask "But, how will Google ever make money?" (http://www.businessweek.com/bwdaily/dnflash/dec2000/nf2000127_947.htm). The devil is in the details.

PS: Change your page [ title ]. "Home"? Worst page title ever (but also a common naming mistake).

May 04, 2009
IsItFiveOClock said...
I have to aggree with your thoughts in this post. As an aspiring entrepreneur, I find myself coming with what I think will be the next great idea. Often times when I choose who I will tell about my idea, I choose those that I know will give me positive feedback, I have come to realize that this is not the best course of action. I found this out by talking to, of all people, my father. I once ran down and idea for a business to him, he gave me a whole host of reasons why it would not work, a lot of the reasons were things I had never thought about and it helped reshape my course of action regarding this idea. Now I often seek the advice of two types of people with respect to my ideas; one, people I know will be rather negative, and two, successful entrepreneurs, who can give me advice and constructivly point out flaws I had not realized. Talking to people who are negative is great, because that works as fuel to ambition. There is no greater feeling than proving someone who said you cannont do something wrong.
May 09, 2009
Jason Yee said...
Nice post. Sometimes I struggle between giving up on ideas or continuing with them. Hearing everyone's opinion of an idea is definitely not a bad thing. It's just when they knock down all your ideas you should be careful. :)
May 11, 2009
Yu-kai Chou said...
Haha, saw your post on Viralogy. Good stuff!

I've had similar experience once. I checked out a new site a friend on Twitter was launching. I told him that the design needs a lot of improvement (because frankly, it looked like the first version of our first website, which still wasn't that great even after many "amazing improvements"). However, he responded that I am the first one out of 20 to have a thumbs down, and he would take those odds any day. I knew what was going on but just let him be. Friends can sometimes KILL entrepreneurs.

However, the tough part is, when someone raises problems with your businesses, how do you decide who to listen because she is one of the rare honest ones, and who to ignore because she does not understand your customers or value proposition? That's a good topic to dive into.

May 19, 2009
ralph said...
I'm all about getting feedback. I've been a Toastmaster for four years and I understand the value you can gain by getting other people's perspective on you and your ideas. The trick is getting others to be honest with you.

Once you get the feedback, however, it shouldn't keep someone from trying to make their idea a success. I think it was T. Roosavelt who said "Its hard to fail but it is worse to have never tried."

BTW loved the piece on you in INC. mag.

Jun 27, 2009
Niko Järvinen said...
Quite interesting post... My father happens to do the same thing all the time.. Minus the ones when he can't come up with negatives. However I've been doing biathlon (I'm Finnish) for several years and my coach was old army guy... From him I learned that there are two kinds of people when (not IF) you fuck up (and get blunt feedback of it... my coach was way too good at that one :D ). First ones just go to corner and cry and the another small fraction just tries again but tries to learn from it. And IMO the latter one is definately the only way to do it. But as you say too it's very hard to find people who can give constructive feedback..

Leave a comment...