The Secret to Spotting a Billion-Dollar Idea

I recently talked to you about how important it is to choose a star founder with the power to execute their unique vision. But that's only half the battle. This founder must also have a billion-dollar idea. When you find someone who can transform their great ideas into products customers need, you've struck gold. Today, I'll show you how to spot a billion-dollar idea once you feel confident that you've nailed down a winning team. The idea and the founder go hand-in-hand. You can't have one without the other. Long before I was an angel investor, I sat on the other side of the table as a startup founder. I've personally founded four successful businesses. And let me tell you - it is seriously grueling work. It was all worth it, though - and not just because I ended up making money. More than anything, I'm glad I did it because each business started with an amazing idea. And what's better than watching an amazing idea come to life? World-changing ideas are the bedrock upon which the startup world is built. Every successful business starts with one. And once you find a winning team to work with, you have to see whether their idea is any good. But what does a great idea really look like? How do you tell the difference between a founder with a billion-dollar idea... and one who's just blowing smoke? I'll show you... Full Story How do you tell the difference between a founder with a billion-dollar idea... and one who's just blowing smoke? I'll show you... Full Story Tags: Technology Article To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Secret to Spotting a Billion-Dollar Idea appeared first on Money Morning - We Make Investing Profitable .