The billion dollar genius ego dilemma
In my recent post, defining what I refer to as the ego dilemma, I said my favorite ego dilemma was couples who didn’t believe in signing a pre-nup before getting married. I was wrong. My absolute favorite ego dilemma is when someone comes up to me with a revolutionary, amazing, WORLD CHANGING idea. Once they get over the inevitable 15 minute prelude about how I shan’t steal it and I shan’t be paid for the privilege of hearing it, they ramp up to the pitch of what will inevitably be about what I call one of the “holy grail” problem. With the latest conversation, it was about how to build a successful micropayments platform, the one before that, it was building a better craigslist.
When dealing with a situation like this, it is both impossible and futile to point out what’s wrong with their actual ideas. To counter any specific point would be to focus on the trivial dumbness of the project and completely miss the much move overwhelming general dumbness that it is hiding. Although I’ve long ago given up the possibility of changing any of these people’s minds on their pet project, it’s still a fun way to hurl some inventive abuse.
A billion dollars worth of resources have been poured so far into failed startups who were all incredibly confident that this time they have solved the micropayment problem. A billion dollars of PhDs and business models and academic journals and optimistic infrastructure rollouts so that this time, they’re going to do it differently from everyone else and be the SPECIAL ones.
The nub of the ego dilemma is that to believe you have solved a holy grail problem is to believe that you’re smarter than those billion dollars.
Do you really believe that your smarter, more creative, more insightful that every one of the people who have gone before you? Do you really, really believe this, even thought you acknowledge that every one of the people who have gone before you also believed the same thing and all of them were clearly wrong?
People do believe it. They really, really do.
This is quite possibly the most extreme ego dilemma that it’s possible to have, the one by which a rational application of an ego dilemma argument must surely convince any person that they’re quite clearly wrong. The argument against you being a billion dollar genius is so overwhelming that there cannot be any conceivable rebuttal to it and yet, it is also one that is clung to with fierce determination by everyone who experiences it.
The stereotypical image of the billion dollar genius is that of a mentally unstable crank who natters on constantly about their perpetual motion machine and, to be fair, they do make up the bulk of this category. But the really scary thing is that the billion dollar genius syndrome also affects smart, reasonable and otherwise clear thinking people with an equal ferocity. You could be a rationality ninja but still be unavoidably captivated by this particular ego dilemma.
How do I know all of this? Because not only have I seen my smart, reasonable, clear thinking friends suffer through this, I’m forced to confront the unfortunate reality that I’m afflicted by it myself. Even given the impeccable logic presented above, I believe that I have solved a holy grail problem. I’m not dumb enough to present the solution for public ridicule yet but I’m just dumb enough to publicly announce which holy grail problem I’ve solved: I believe I have an entirely novel and practical approach to monetizing a large swathe of Web 2.0 applications without relying on advertising.
Ridiculous, right?
Trust me, I am well aware of how ridiculous it all sounds. And yet… I’m SPECIAL goddammit!
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