Thursday, February 12, 2009

The transparent business plan by Mark Cuban

Big idea from Mark Cuban:

You must post your business plan here on my blog where I expect other people can and will comment on it. I also expect that other people will steal the idea and use it elsewhere. That is the idea. Call this an open source funding environment.

If its a good idea and worth funding, we want it replicated elsewhere. The idea is not just to help you, but to figure out how to help the economy through hard work and ingenuity. If you come up with the idea and get funding, you have a head start. If you execute better than others, you could possibly make money at it. As you will see from the rules below, these are going to be businesses that are mostly driven by sweat equity.

Read more here. What will you come up with?

Update: Seth Godin's crew gives away 999 potential business ideas. Ideas are a dime a dozen as they say. It's all about the execution.

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