Start-up (9) – Making Use of the Wisdom of the Masses?

I would like to encourage start-ups to open up, but at the same time I would like to warn against small-mindedness and insular thinking. So here is what I would like to say:

Diversity beats simple-mindedness!


Be careful not to become isolated, because it is quite easy to go down a wrong path following an idea and then turn dogmatic idealist. And then you can easily earn the reputation of being a nutcase.

Be open!


Establish a founders’ blog and twitter about your enterprise! Share your experience with many. In return, you will receive lots of precious knowledge and a whole treasure of experiences.

Put trust before secrecy!


Mostly, your ideas will not be all that unique. There are many out there who have similar ideas and would like to share their knowledge with you.

No patents!


It is better to lay open your discoveries early on. Then others cannot have them patented and many potential enemies will no longer be interested. In fact, patents will often cause you a lot of trouble and when all is said and done they do not really help, because the powerful will ignore them, anyway.

Crowd-Funding


Might well be the best way to get hold of some money (and important insight).

Association


Legally, you do not always have to be an incorporated company or a limited liability company. There are other models, too, which can be quite goal-oriented.

Common Welfare

Start early thinking about whether your product might answer to the requirements of a Common Welfare Business . If it does, you might gain sympathizers and comrades-in-arms.

It is all about understanding the future. That is a difficult task, and it is easier if you combine forces.

RMD
(Translated by EG)

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