4min chapter

PG Essays cover image

Why Smart People Have Bad Ideas

PG Essays

CHAPTER

The Still Life Effect, Ambivalence about Business, and Timidity: Lessons on Idea Generation and Competition in the E-commerce Business

This chapter discusses the biggest cause of bad ideas, the still life effect, and how investing time in an idea doesn't necessarily make it good. They also talk about the mistakes of being ambivalent about business, fear of competition, and the misconception that business is a single thing.

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