A lot of my friends have been asking me lately how my pursuit is going, what I’m doing, and why I haven’t taken investment yet.  I’ve always had no issues answering the first two questions: I’m having the time of my life and I’m building a few prototypes for some of my ideas.  Oh and I’m consulting a few days a week to help pay the bills.

However, for the last few weeks I’ve struggled answering the investment question.  Why haven’t I taken investment, and why aren’t I actively pursuing it?  Well, the simple answer is that I don’t need it.  I have many months worth of money saved, and with my consulting income I’m not losing money every day.  I have the skills to envision a product, build most of it, and take it to market.  Lastly, thus far my ideas haven’t been time sensitive.

The more complex answer, though, is more due to my lack of devotion to one single idea.  I’m utterly devoted to the pursuit of entrepreneurship.  However, I’m lacking in devotion to a single idea.  Some of my ideas seem to be very lucrative, yet not very meaningful.  While other ideas are very meaningful, yet lack a business model.

As I prototype these ideas I learn more about them, get a better sense of how meaningful or lucrative they might be.  As time goes on I know more and more what idea I want to pursue and why.  Until I don’t have utter devotion to a single idea I will not take on investment.  Accepting someone else’s money would make the idea very real.  I’m not yet ready to make one of these ideas real.  But I’m getting there, and when I’m there I’ll be 100% devoted and committed to morphing the idea into a successful and beautiful product.