# Meeting Note Template ## Meeting Details - Date: 2024-07-20 - Participants: ## Audio Reference ![[audio_file]] ## Key Points - Discussion centered around the concept of "tar pit ideas", which attract many applicants but often fail. - Clarification of the term, distinguishing it from simply being a "bad idea". - Open-minded evaluation of "tar pit ideas" during application reviews, recognizing their potential for success with technological advancements. ## Action Items - [ ] Continue to clarify and explain to the public the correct definition and boundaries of the term "tar pit ideas". - [ ] Develop strategies on how to better assess "tar pit ideas" during application reviews. - [ ] Document instances where "tar pit ideas" have morphed into successful ventures due to technological advancements. - [ ] Consider making a follow-up video to further address questions and misconceptions about "tar pit ideas". ## Notes - The meeting revolved around the concept of "tar pit ideas". The term was part of a video the participants had previously created, which became a topic of question from the audience. A "tar pit idea", as explained in the meeting, is a unique kind of idea that attracts a lot of applicants or founders but always fails to work. This concept was likened to tar pits that look like bodies of water to dinosaurs but are actually hazardous traps. - The attendees also evaluated the public's interpretation of the term "tar pit", noting that some people equate it with a "bad idea", which, according to them, is an incorrect perception. Furthermore, they discussed the process of mining these "tar pit" proposals during application reviews, expressing an open-minded attitude to such concepts. They acknowledge that ideas considered "tar pit" could transform into possibly successful businesses with the advancement of technology. ## Transcription # Meeting Summary - 2024-07-20 Meeting Summary: The meeting revolved around the concept of "tar pit ideas". The term was part of a video the participants had previously created, which became a topic of question from the audience. A "tar pit idea", as explained in the meeting, is a unique kind of idea that attracts a lot of applicants or founders but always fails to work. This concept was likened to tar pits that look like bodies of water to dinosaurs but are actually hazardous traps. The attendees also evaluated the public's interpretation of the term "tar pit", noting that some people equate it with a "bad idea", which, according to them, is an incorrect perception. Furthermore, they discussed the process of mining these "tar pit" proposals during application reviews, expressing an open-minded attitude to such concepts. They acknowledge that ideas considered "tar pit" could transform into possibly successful businesses with the advancement of technology. Action Items: - Continue to clarify and explain to the public the correct definition and boundaries of the term "tar pit ideas". - Develop strategies on how to better assess "tar pit ideas" during application reviews. - Document instances where "tar pit ideas" have morphed into successful ventures due to technological advancements. This information could serve as case studies in future discussions. - Consider making a follow-up video to further address questions and misconceptions about "tar pit ideas". Meeting Duration: 5 minutes Start Time: 2024-07-20T09:26:44.791Z End Time: 2024-07-20T09:31:45.266Z #business #startup #innovation