Doing failed companies the right way?

[informedconsent]

I'm currently watching this video

View: https://youtu.be/nXcz6CHDtwo
and assuming it'll end in how Open Door failed as a company due to sketchy stuff. Reminds me of Carvana and how questionable their practices are as well. Wouldn't a great business idea be to do as these companies did but actually do it for good and without shady practices? It's the idea of not having to come up with a brand new idea but just doing things better than competitors. They both seem to be genuinely good concepts but execution was poor. Just a thought.

 

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[informedconsent]

The only issue I can currently come up with is if they were somehow able to patent or otherwise retain their business concept... ? But seems silly but idk lol

 

[informedconsent]

Ok I'm realizing as I finish watching the video that you need a lot of starting capital or investors

 

[Antifragile]

Are you enjoying this conversation with yourself?

3 posts before you finish the video?

TL;DR (didn’t watch), but I’ll say this: ideas are worth shit, execution is everything.

 

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[informedconsent]

Yes I am. Finished watching and yeah it seems like the open door idea isn't even viable at this stage so no point in execution as a copycat company tried it and had similar results. Carvana though, actually seems like a good idea so the issue is does seem to be with the execution.