I recently picked up a book in an airport called Talent is Overrated. It's all about this theory. There is a ton of evidence given to support it, how to improve your own performance, and that of your team, and how to apply the methods to promote innovation. It's a great book, if you're into this article you should definitely check it out.
An idea can be fully developed but still have to change. There's an iterative process involved in all startups, and it has nothing to do with the development of the idea and has everything to do with limitations, competitive edge and strategy. Startups iterate all the time, and it does not mean the first idea didn't have merit.
If you sit down and really think about what I'm doing, in a purely business (not money) sort of way, you may begin to see why I'm doing it. There are 20 reasons that have nothing to do with money that I can think of off the top of my head.
And I don't know how anyone could describe their business that way without saying what it is. How can I say what differentiates Dashbuzz without saying exactly what it is I'm doing?
@mkn That's a great idea, but the point is that I don't have the money to build it. How do you raise money for a site to raise money? And I am extremely dedicated to this idea right now.
@gz The idea is fully developed, I just don't want every aspect of my business to be public before I have a concrete product built.
And to "so when the $25k runs out, what?" Isn't that question the cornerstone to every investment ever made? It's to bring you to a next round, just because the source is different, it doesn't mean the same rules don't apply.
And it's not that I can't get angel money or VC, it's that I'd rather do it after I have a prototype.
I didn't have any investors to my first company, it was a marketing company. It was a service, not a product.
I would love to answer your question about why I think I am a skilled entrepreneur. I will do so shortly on calleynye.com.