Your Business Idea Sucks

By
Education & Training with www.reallysold.com

I get pitched business ideas all the time. Some I think are great, some I wonder how many cocktails the person had before coming up with the idea, some I think are a great start looking for a unique twist and others I think downright suck.

Recently I was introduced to Fiverr by Lara Solomon (@LAROO). The simple premise of the site is that there's a whole bunch of people there who'll do things for $5. Some of them border on the bizarre (I'll be your Facebook girlfriend for a week and make all your friends jealous) but many seem, at first glance, like they could actually be useful (I'll design you a custom MySpace profile).

Long story short, I've become a bit of an overnight fan of this site, tweeting my little heart out (@kirstydunphey) about it after having purchased three different things yesterday and already receiving my first job (five photographs put on transparent backgrounds for @Baby_Teresa) done perfectly and in around an hour after I booked and paid my US$5. We'll see how my cartoon and video, currently on order, go.

My point is not to rave on about Fiverr though - despite how novel and great an idea I think it is.

My point is that if the people who started Fiverr had pitched the idea to me - I might have told them it sucked.

My first thought would be - who would do anything for $5?

And of course, I would have been wrong (check out the site to see how many people are prepared to do a wide range of things for $5!)

So the next time someone tells you your business idea sucks, tell them to bugger off! It doesn't matter if everyone doesn't "get" your idea. It matters that you see a market, it matters that you have a vision and it matters that you're prepared to get off your butt and do something about it.

PS. if the guy who started FedEx had listened to his college professor he may never have started that either.

PPS. And here's my video which has just arrived (bear in mind it only cost a fiverr!)

And now we're even selling things on fiverr!

50 Tips to Improve Your Customer Service as a Real Estate Agent

http://www.fiverr.com/users/kirstyd/gigs/give-you-50-tips-to-increase-and-improve-your-customer-service-as-a-real-estate-agent

100 Awesome Headings for Creative Real Estate Sales Advertisements

http://www.fiverr.com/users/kirstyd/gigs/give-you-100-awesome-headings-for-creative-real-estate-sales-advertisements

Kirsty Dunphey is the youngest ever Australian Telstra Young Business Woman of the Year, author of two books (her latest release is 'Retired at 27, If I Can do it Anyone Can') and a passionate entrepreneur who started her first business at age 15 and opened her own real estate agency at 21. Now Kirsty does lots of fun things which you can read about at www.kirstydunphey.com. Her favourite current projects are Elephant Property (www.elephantproperty.com.au) a boutique property management agency, Baby Teresa (www.baby-teresa.com) a baby clothing line that donates an outfit to a baby in need for each one they sell and ReallySold (www.reallysold.com) which helps real estate agents stop writing boring uninteresting ads.

Comments (40)

Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

Kirsty, Wow...I actually learned something from an Aggie ;-) All kidding aside, great points in your post and I will definitely check out Fiverr, THANKS!

May 16, 2010 05:24 AM
Shawn Rooker
Realty Austin - Austin, TX

LOL!  This is a great web site!  I am going to check it out and make some money!  Well, maybe I will make some money!

May 16, 2010 05:58 AM
Elizabeth Cooper-Golden
Huntsville Alabama Real Estate, (@ Homes Realty Group) - Huntsville, AL
Huntsville AL MLS

Kirsty, Now this is some GREAT info :)   I have never heard of it but have already seen several things I am interested in.  Thanks so much for sharing the info with us!

May 16, 2010 06:05 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Kirsty - A couple evenings ago, a fellow Rainer and I were on the phone together talking about this very issue.  Some of us have actually bought into a few of those ideas, only to have no results, and a continued monthly billing for services.  Sometimes cutting them off, can be difficult!

May 16, 2010 06:26 AM
Duane Murphy
Expert Real Estate Partners LLC - Appleton, WI
Broker- Owner-Real Estate -

I like TLW's "will work for beer" Most of the misc. projects around my house have all been paid that way!

May 16, 2010 06:42 AM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Kirsty - Ok, that's an interesting site.  I saw a few things that I would pay someone $5 to do for me.

May 16, 2010 07:04 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTORĀ® - Oklahoma Investment Properties

Wibur it will never fly. If man was supposed to fly God would have given us wings. With all do repsect God gave us something better, a brain. Now do we have the power to harnass action to a dream. FYI, I just ordered the 10 PowerPoint presentation for $5. This is a tech Happy Meal!

May 16, 2010 09:16 AM
Charita Cadenhead
eXp Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

Good ideas can sometimes be shutdown if the creator is easily discouraged.  Right away I could see how the Fivver site could be useful.  Had you not wirtten about, I too, probably would not have given it a second look.

May 16, 2010 10:15 AM
Esko Kiuru
Bethesda, MD

Kirsty,

Although it sounds like this Fiverr sucks, you raised my curiosity enough for me to go and at least give the site a peek.

May 16, 2010 03:13 PM
Anonymous
Domain Names

this is wonderful opinion.the things menitioned are unanimaus and needs to be appreciated by everyone...........

hedden

.........................................

Domain Names

May 16, 2010 07:58 PM
#30
Michael Delaware
North Sky Realty LLC - Battle Creek, MI
REALTORĀ®, CRS, GRI

Very interesting, and after reading your blog, I see that it could be a good thing. 

May 17, 2010 11:13 AM
Dan Derito
Success! Real Estate - Brockton, MA

Hey Kirsty, in my younger days some dopes decided to try and make money by selling  hamburgers for 15 cents. I think their name was McDonald, or something like that.  I always wondered whatever became of them.

May 17, 2010 03:15 PM
Damon Gettier
Damon Gettier & Associates, REALTORS- Roanoke Va Short Sale Expert - Roanoke, VA
Broker/Owner ABRM, GRI, CDPE

There are many ideas that might have merit if they are given sufficient effort.

May 18, 2010 08:55 AM
Michelle Finnamore
Toronto GTA, Alliston, Newmarket - Vaughan, ON
Preparing your property for sale

Great post title, sucked me right in!  I agree, just do it. I believe Richard Branson has a book called Screw it.. let's do it! which talks about this very thing. Quick read and inspiring just like this post.

May 18, 2010 08:31 PM
Jim Crews
All Real Estate Options - Orange Park, FL

I guess the bottom line is, that if you have a dream and really believe in it, then go for it. If you fail, at least you tried, and you learned another thing not to do. Check out killerstartups.com to see what other people are doing.

May 19, 2010 05:00 AM
Leanna Putman
Shanna Selections, LLC - Enfield, CT

Can't wait to check out the Fiverr site (and your sites, too), but it's the overall message of your post that I'm finding wonderful right now - thanks for the encouraging thoughts!

May 19, 2010 09:28 AM
Jason Crouch
Austin Texas Homes, LLC - Austin, TX
Broker - Austin Texas Real Estate (512-796-7653)

Kirsty - I have to admit, I might have had the same reaction you did, but I guess times are tough indeed.  I will check out the site - who knows what I'll find?  :)

May 19, 2010 10:05 AM
Bonner Thomason
Keller Williams Realty - Kernersville, NC
CRS, ABR, GRI, e-Pro

It is very easy to get lost in the wants or precieved wants of people. Things like will be become a fade. Occasionally there will be a great idea that comes out of this creativity.

Bonner

May 20, 2010 03:46 AM
Mark Gridley
eXp Realty, Reinventing the National Real Estate Office! - Fountain Hills, AZ
TecKnow Real Estate Agent, Fountain Hills, AZ

Somedays you just get lucky! I was lucky I bumped into this blog!

May 22, 2010 06:32 AM
Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

Excellent post. Oh the times I have been SO WRONG about business. Thankfully a time or two I've been right though.

May 30, 2010 03:48 AM