Do you ever feel you acted too late?

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An idea is worth nothing. Everyone has ideas, just look at this thread. Just because you had an idea that somebody else made millions with, it doesn't even mean that you would have been as successful. It's all about execution.
 
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Trepanated said:
I totally believe you - it's happened to me many many times.

My main business partner and I have a constant flow of ideas we discuss, analyze and decide what to work on and what needs to wait.

The ideas that wait are what we term the 'whiteboard ideas' and we have a large and constantly growing whiteboard (mainly due to time constraints).

This year alone we have seen at least 5 new business startups that got serious VC funding and the corresponding news coverage - all of them written on our virtual whiteboard.

And that has been going on for years.

I never look at it negatively though - at least we know those whiteboard ideas are good and that we were ahead of the game when we thought of them - and that whiteboard has many dozens of ideas on it.
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great post dude you inspired me completly with it
 
happens to each of us where we fail to act.. people have made 100's of ks / millions off

facebook spamming, bitcoins, adsense arbitrage, youtube views spam in early days etc..

But whats done is done. no point in regretting over it. Move on and find something that works NOW :)
 
A similar thing happened to me.I had an idea,i created it,I start doing it.Video was ranking and was banking good money and someone spied on me,copied all what i did,made an ebook out of it and sold it on warrior,lol
 
Sturose, its an old saying that nothing is original - and that is true of your story.

Trick is to align your ideas with the ability to deliver on them.
So the ideas you can't action yourself, dump them. Think of them as somebody elses.
The ideas you can action are yours and this will be how you make your living.
Good Luck
Rudy :)

sturose said:
Just thinking back over the years I have been on the internet I started to realise that several times I have thought of an interesting idea only for someone to come along and saturate the market with an almost identical idea while I was busy still contemplating whether or not it would work.

Not giving exact examples because some of you probably wouldn't believe that it was a thought in my mind before some dude came along and made millions with it but for example, back when mobile ringtones were just starting out (polyphonic) I had an idea which I just couldn't act upon because I didn't have the technical knowledge or ready funds to sink into it and make it reality. I think most people on here will know just how much the mobile ringtone niche was worth back then.

That was just one thing I remembered and there have been several more times when it could have been me such as with mobile apps that I've thought of but while I've been busy trying to learn about apps one of my kids comes along and shows me this great new app they have on their phone. Guess what? It's similar to what I was thinking about!!!

I'm not complaining about this, it's just basically tough luck. I didn't act quickly enough but I wondered if any of you guys ever have this happen to you?
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Ok thanks for all the replies guys, obviously I'm not unique in spotting a missed opportunity, not that I expected to be.

Wherever possible I won't miss another one even if I don't think I'm capable or have the relevant skills.

As a certain very famous person once said:

"It is hard to fail, but it is worse never to have tried to succeed"
 
We all have our shares in missed opportunities for XX reasons. You/we will not accomplish nothing wasting your/our time in the past, spen the time in new ideas that will bring some $$ tomorrow.

Most important thing is no mater how great idea is its worthless if you don't have the balls to do it!
 
get the ludes said:
I hate Bitcoins. I was going to get in at $36, but I saw a double top and thought it would fall before going back up. Hit $1200 within 2 months.
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I turned down 1000 bitcoins to build a website once, because I wanted "real" money.

I would like a do-over on that one.

So what we ned is an idea pool. Everyone puts in their ideas, and if someone uses your idea, you get 10% for life. That way you do make something on your idea, and the action takers have lots of ideas to take action on. Y could build up real passive income just tossing out ideas..

It will never work, because it relies on honesty, but in better world it would be a good idea.
 
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Competition is good, when someone already did something you think about, there is alot of things you can learn from them and do it better than the competitor.
 
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