Comments on: How I Convert Ideas to Profit http://jimraffel.com/2010/05/29/how-i-convert-ideas-to-profit/ Businessman, writer, speaker, and gadget lover Mon, 21 May 2012 17:44:00 +0000 hourly 1 By: The Project Mentality: Start, finish and then start again http://jimraffel.com/2010/05/29/how-i-convert-ideas-to-profit/comment-page-1/#comment-7677 The Project Mentality: Start, finish and then start again Tue, 10 May 2011 09:31:51 +0000 http://jimraffel.com/?p=1154#comment-7677 [...] you have to find the right ideas. This is what I was thinking about when I wrote “How I Convert Ideas to Profit.” When my friends in Hollywood read scripts and reviewed TV and movie proposals, this is what [...] [...] you have to find the right ideas. This is what I was thinking about when I wrote “How I Convert Ideas to Profit.” When my friends in Hollywood read scripts and reviewed TV and movie proposals, this is what [...]

]]> By: Joshua Garity http://jimraffel.com/2010/05/29/how-i-convert-ideas-to-profit/comment-page-1/#comment-4921 Joshua Garity Sun, 30 May 2010 04:08:15 +0000 http://jimraffel.com/?p=1154#comment-4921 Great article as always. My process is slightly different for each task or goal. But from a start-up / new business model it can be boiled down to this: see potential, see lack of efficiency in given product/service/market, brainstorm, plan, develop, test and launch.<br><br>Walkout Video's main competitor was huge (Rovion). Since I came on board and revamped the model their customers are actually switching to us. We offer more control over the ad content, flat fee rate, etc etc. <br><br>Now that we have grown so much in 12 months we have companies like Universal Studios and UFC talking with us. <br><br>Nothing wrong with seeing a successful business model and adapting it. Because, in the end, there really aren't that many original models out there. Just variations on the first - create something that works and people buy it. Great article as always. My process is slightly different for each task or goal. But from a start-up / new business model it can be boiled down to this: see potential, see lack of efficiency in given product/service/market, brainstorm, plan, develop, test and launch.

Walkout Video's main competitor was huge (Rovion). Since I came on board and revamped the model their customers are actually switching to us. We offer more control over the ad content, flat fee rate, etc etc.

Now that we have grown so much in 12 months we have companies like Universal Studios and UFC talking with us.

Nothing wrong with seeing a successful business model and adapting it. Because, in the end, there really aren't that many original models out there. Just variations on the first – create something that works and people buy it.

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