Mike Glauser, an entrepreneur and USU professor, presented on whether your idea is an idea or an opportunity. http://bit.ly/TyV4xV

1. Idea or
Opportunity?

2. I Have a Great Idea!

3. Meal Cooling Fan

4. Pet Rock

5. Dog Wigs

6. Toilet Golf

7. Coffee Talkies

8. New Coke

9. French Fry Lip Balm

10. Dual Direction Bike

11. Donut Seeds

12. Snuggie

13. True Business Opportunity
• Clearly Meets a Need
• Credible Experience
• Access to Resources
• Buying Customers
• Sound Business Model

14. Results
Entrepreneurs That
Referenced the Pre-
venture Experience
Category of Experience Number Percent
Experience in the Same Industry 35 40%
Experience in a Related Industry 24 27%
Experience in an Unrelated Industry 14 16%
General Entrepreneurial Experience 26 30%
Family Business Experience 10 11%
Advanced Training or Education 21 24%
Personal Experience with the Product 34 39%
No Relevant Experience 3 3%

15. Jennifer Duffield
Founder of Dancing Moose

16. Dave Neeleman
JETBLUE AIRLINES
AZUL AIRLINES

17. Josh Coates
Founder of Mozy