Crowdsourcing is a great way to approach creation because in any given point there's always somebody on the Internet who knows something better than you do.
Guy Kawasaki"No one is doing what we're doing." This is a bummer of a lie because there are only two logical conclusions. First, no one else is doing this because there is no market for it. Second, the entrepreneur is so clueless that he can't even use Google to figure out he has competition. Suffice it to say that the lack of a market and cluelessness is not conducive to securing an investment. As a rule of thumb, if you have a good idea, five companies are going the same thing. If you have a great idea, fifteen companies are doing the same thing.
Guy KawasakiA crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Guy Kawasaki