I've bootstrapped successfully three times, and have seen it from the other side.
Some people just don't get it. They have ideas that are so bad someone who "gets it" wouldn't even conceive of it as a possibility - the way that someone with Asperger's does unimaginably dumb things in social situations.
Unlike Asperger's, though, people that think this way aren't a tiny minority with a diagnosed disorder but ~70% of the population.
Yeah, it's really insane the number of bad ideas people try to make work.
All of the successful startups I've seen sounded like they could be successful. And every idea I've heard that sounded like it wouldn't be successful hasn't been.
Having a good business plan is no guarantee of success, but having a bad one will guarantee failure.
Any chance you could go a little more in-depth with what you mean? Why are the ideas so bad and what can someone who gets it recognize in them? Just curious.
Juicero for example. Most bad ideas stopped in the infancy stages, but some manages to find VC's who also don't get it and combined you get Juicero. There isn't something to get, its just really dumb ideas that aren't solving problems.
You need to be clear on outcomes though - as most people are talking about $10m+ exits for the founders. Bootstrapped to $100k ARR is nice but most people would still consider that a failure unless it takes little to no effort.
Some people just don't get it. They have ideas that are so bad someone who "gets it" wouldn't even conceive of it as a possibility - the way that someone with Asperger's does unimaginably dumb things in social situations.
Unlike Asperger's, though, people that think this way aren't a tiny minority with a diagnosed disorder but ~70% of the population.