Comments on: How much is an idea really worth? https://www.ryrob.com/idea/ Valuable tools and strategies to starting a blog and growing a side business while working a full-time job. Tue, 17 Nov 2020 17:19:16 +0000 hourly 1 By: Thomas https://www.ryrob.com/idea/comment-page-1/#comment-60143 Wed, 24 Oct 2018 17:42:09 +0000 https://www.ryrob.com/?p=2967#comment-60143 Hmm. I hear this a lot, “That ideas are worthless”. However, I completlely disagree as evidenced by peoples actions. If ideas were truely worthless than eveyone would openly throw them into the open which people do not do because they inherently know they have value. Just because one cannot easily or accurately put a price on it does not mean it doesn’t exist. Further, I can give you many examples where ideas alone were placed into patents that are very valuable. Now you can argue that the act of putting it into a protective legal document is what adds value but that is a bit of a false argument. Why would one file a patent if the idea iteself is of no value. That argument is old. I have sold ideas to people and companies in areas that were executable but within domains that I did not have resources to execute in. They have value. Period.

I am also reminded of John Nash’s work at Princeton University where he developed game theory to quantify decision theory. those ideas have expanded and are being applied to new areas to value such things as ideas and even negotiation concepts. Ideas have inherent value. Execution unlocks that value.

]]> By: DNN https://www.ryrob.com/idea/comment-page-1/#comment-42508 Tue, 20 Feb 2018 12:16:40 +0000 https://www.ryrob.com/?p=2967#comment-42508 And idea is actually Priceless if you personally asked me. It’s worth blogging about. Staying passionate about. Building a multimillion-dollar business around, and ideas worth copyrighting. By the way you look at it, it holds some kind of value.

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