Post by account_disabled on Dec 7, 2023 0:04:46 GMT -7
How do you deal with it? Can a surplus of ideas hurt startups? What to do when you have too many business ideas? Business ideas – table of contents: Too many business ideas – why is it dangerous? B2B Email List ? BFD map Summary Too many business ideas – why is it dangerous? It may seem strange that having too many startup ideas can be actually a big problem.
After all, many people can’t find a single business idea. Unfortunately, the excess of them is also problematic. This is primarily due to how the human brain functions. The trouble of excess is shown by many studies. It seems that freedom of choice is the foundation of our lives. However, is it completely so? Sheena Iyengar and Barry Schwartz were the pioneers studying this issue. They discovered that a person overwhelmed by too many options experiences the so-called choice overload or the paradox of choice. Too many options to choose from can lead to paralysis and dismay, which often results in abandoning any option. A study conducted years later, in 2018, confirmed the existence of this phenomenon.
In the context of this research, but also in the context of life experience, it can be concluded that a lot of startup ideas can be a serious problem and cause negative consequences (e.g., a lack of motivation to make a decision). As a result, an entrepreneur, unable to choose one idea out of many, starts pursuing all or most of them. As it is extremely difficult to adequately control all the ventures simultaneously, none of the businesses is properly run. Thus, an excess of ideas can be a real disaster.
After all, many people can’t find a single business idea. Unfortunately, the excess of them is also problematic. This is primarily due to how the human brain functions. The trouble of excess is shown by many studies. It seems that freedom of choice is the foundation of our lives. However, is it completely so? Sheena Iyengar and Barry Schwartz were the pioneers studying this issue. They discovered that a person overwhelmed by too many options experiences the so-called choice overload or the paradox of choice. Too many options to choose from can lead to paralysis and dismay, which often results in abandoning any option. A study conducted years later, in 2018, confirmed the existence of this phenomenon.
In the context of this research, but also in the context of life experience, it can be concluded that a lot of startup ideas can be a serious problem and cause negative consequences (e.g., a lack of motivation to make a decision). As a result, an entrepreneur, unable to choose one idea out of many, starts pursuing all or most of them. As it is extremely difficult to adequately control all the ventures simultaneously, none of the businesses is properly run. Thus, an excess of ideas can be a real disaster.