How to Come up with
Good Startup Ideas
Trip Adler
Co-founder and CEO, Scribd
Founders Institute Presentation
May 19, 2009
The Process of
Startup Ideation
The Scribd Story (SS)
The Trip Method (TM)
Idea A
Nowigo - a ridesharing
service
Lesson: Just because you
have an idea, it doesn’t mean
it’s a good idea
Idea A-B
Nowigo - transportation
search engine + ridesharing
service
Lesson: Work on something
that has potential to be huge
Idea C
Hulist - Craigslist for colleges
Lesson: Work on something
that has a built-in mechanism
for getting huge fast
Idea D
Moobub - Spam-your-friends
Lesson: If you try it and it
doesn’t work - and this
causes you to lose confidence
in the idea - then stop
working on it
Idea E
1-800-ASK-TRIP - A call
center for everything
Lesson: This idea is
awesome!
Idea F
Almost Twitter - Rate-your-
happiness
Lesson: Bounce your ideas
off smart and creative people;
get them involved in the
creative process
Idea G
(Scribd Beginning)
A way for academics to
publish online more easily
“The YouTube for academic
publishing”
Idea G-H
A way for academics,
creative writers, or anyone to
publish online more easily
“The YouTube for all kinds
of writing”
Idea G-H-I
A way for academics, creative
writers, or anyone to publish
online more easily by uploading
documents sitting on their hard
drive and displaying them in a
web browser
“The YouTube for documents”
Idea G-H-I-J
A way for academics, creative writers,
or anyone to publish online more easily
by uploading documents sitting on their
hard drive and displaying them in a web
browser, and drive traffic to them from
Google, social sites, the Scribd
community, etc.
“The YouTube for documents”
Idea G-H-I-J-K-L-M-….
(Scribd Today)
Many more major ideas along the
way: iPaper, groups, API, mobile
reading, ads in documents, Scribd
Store, etc.
A social publishing company that
aims to liberate the written word
by democratizing the publishing
process for everyday people
The Trip Method of Startup
Ideation
The basic idea: A startup is not just one
idea, but a series of ideas put together
What this means
Just come up with an idea and start working on it
Constantly keep pushing yourself to come up with
new ideas
If you come up with a better idea
- And it fits into the original, then merge
- And it’s totally different, then switch (okay early
on, much harder later)
The TM: Basic Principles
Push yourself to be creative
Usually two hour bursts once a week
Stop everything to ‘be creative’
Move your best idea forward 90 hours per
week
Building it, researching it, promoting it, etc.
Trust your instincts and don’t worry
about others’ opinions
Always evaluate, combine concepts, and re-evaluate
If your gut tells you an idea is good, then it’s good
Trip Method Unit (TMU)
Idea B is better Idea B
Idea B is good and
Idea A-B
Idea A Idea B related to idea A
Idea B is bad
Putting the TMUs together:
Path to Success
Quality of idea
Success!
F-G-I
F-G
A-D
Time
A
B E J
C H
= TMU
Getting Started
Think of something you need/want
Think of something others need/want
Figure out what’s broken and how can you fix it
Find out what’s working for other companies and apply it in
a new way
Invent a new technology and figure out how to apply it
Think of a marketing/growth strategy and then fit a product
into it
How to Evaluate an Idea
What other people think (probably better if they don’t like it, but not always)
User data; reaction by the user / customer
Success of similar ideas
Sounds different / weird / radical
Potential to change direction / leaves options open
Has a way to get big fast
Potential to be something huge / game changing
Something you have the resources / knowledge / expertise to build
Your gut feeling - what matters the most - needs to be developed through TM
More Ideation Lessons
Having a great idea is often about connecting
the dots
Creative ideas often form from intersection of
two people’s thinking
If any idea seems too good to be true to you,
then get started
It’s often about simple innovations - taking
existing elements and repackaging them
Don’t pay too much attention to what’s trendy,
but learn from what’s working for others
More Ideation Lessons
Being a good founder is a learned
skill - through trial and error
Commitment is good but always
challenge your current ideas
Hard work + creativity + TM =
Success
Thanks
Trip Adler
trip@[Link]
[Link]/tripadler