Are Ideas with No Immediate Path to Monetization Worth Pursuing? – Ask Jay

Successful entrepreneur and CEO, Jay Adelson, demystifies the start-up process by providing advice, tips, and answering questions. Today he discusses process determining when your idea needs to make money and what the path to that kind of decision making makes sense. Have a question about launching a business that you want answered? Comment or add a video response! Jay’s Twitter: www.twitter.com EMail Your Questions: askjay@revision3.com Never Miss An Episode! Subscribe Here: www.youtube.com More AskJay Episodes: www.revision3.com ABOUT ASK JAY: Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing advice, tips, and answering questions. Submit questions to learn how to turn any business idea into reality and maybe even change the world
Video Rating: 5 / 5

PART 3 of 4: When it comes to your gear choices, whether were talking guns, knives, load bearing equipment, or backpacking gear, a wise user should have well-reasoned choices based on weight, size, ease of carry, capabilities needed, durability, and price for performance given. In this four part video series, Nutnfancy distills this decision making process into what is called MOBILITY VS FIREPOWER. Using the historical example of WW II tanks, both Allied and German, a case is made for both sides of the argument. The Tiger 1 tank could be considered a poster child for the FIREPOWER argument: heavily armed with its 88mm gun and thickly armored and in the hands of a competent tank commander, the Tiger 1 could and sometimes did rule the battlefield. However, like many firepower-weighted choices, it had some big disadvantages: unreliable at times, complex to fix and maintain, expensive to make, hampered by a very short range (37 miles!), slow speed, difficult to recover, and laborious to transport to the battlefield. Other German designs were equally as impressive and some, like the incredible StuG III assault gun (tank), actually mastered the MOBILITY concept quite well. However all this German expertise and propensity for superior tanks (usually FIREPOWER weighted) failed to make a decisive difference in the outcome of the war. Actually it was the humble American Sherman tank that came home with the gold. Except for perhaps the Sherman Firefly (a later version with 17 pdr …
Video Rating: 4 / 5