For the last decade or so, there has been a debate raging: “What is the hardest thing to accomplish when building a company from a startup?” Some sources suggest that 3 out of 4 startups fail (from data taken between 2004-2010), so we know there are a multitude of challenges.
Not long ago, I got an email from a well-meaning, but misguided person. He wrote me that he has a million dollar idea (and it definitely WAS a million-dollar one, not just a figure of speech) and he would like to offer me an opportunity to fund it as well as find the team.
This type of approach is a common thing, and comes from an understanding that ideas are worth a lot. The consensus of the startup industry, however, is that ideas are not worth that much. This stems from the fact that many folks, ironically, seem to get the same idea at the same time. But simply having the idea will not give you any competitive advantage in the real world.
Check out the full article here: http://zeroturnaround.com/company/feeding-a-startup-your-next-500-ideas/