When to Quit on an Idea
November 13th, 2007
A friend just sent me a link to an article on 43folders asking the audience:
How do you know when it’s time to move on? What makes you make up your mind?
You have no idea how many shelved ideas I have right now: that’s why I built vagueware, so I could take my ideas and put them out there for others to work with. Right now, I’m not getting the time for that that I need, but will do shortly.
There are then the small number of ideas that I do want to work on but can’t afford to right now. Those ideas are ones I intend to hire people to help make reality for me as they’re just too big for one guy on his own. If they’re not rolling by January, I might shelve them too and concentrate on what I do to make a living (which incidentally, I enjoy).
The question I have is for the readers here: I know you all have ideas you’re not doing anything with. So what’s stopping you putting them on vagueware? Do you really think you’re going to work on it in the next 6 months? Don’t you want to be like Frank Schmitt who in answer to that question said:
Finally an oddball outlet I have is halfbakery.com. I have a lot of what seem like semi-decent ideas that I’ll never realistically have the time and/or resources to pursue. If I post them there, I can at least claim bragging rights when someone else gets rich off the idea.
Halfbakery is a great site in all sorts of ways, but I always found it satirical. What about those software ideas that can really make it but we don’t have time for? What if vagueware helped teams of people come together and produce open-source versions of your ideas? Isn’t that something donating ideas you’re not working on to?
In other words, why are you not posting ideas to the site right now?

