"Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition"
About this Quote
The subtext carries an athlete’s discipline: you don’t walk into a game on vibes. You watch tape. You learn tendencies. You find out whether there’s even a winnable matchup. By insisting on “need,” Johnson separates invention from usefulness, and usefulness from profitability. It’s a subtle rebuke to founder culture that treats passion as validation and disruption as a personality trait.
Context matters: Johnson is one of the rare sports icons whose post-career identity is as much boardroom as highlight reel. His investments in movie theaters, real estate, and businesses aimed at underserved urban communities were built on reading communities and consumer behavior, not just celebrity leverage. “Research your competition” isn’t paranoia; it’s respect for reality. The competition is proof the market exists, and a warning that you’ll have to differentiate.
What makes the quote work is its tone: calm, almost boring, which is precisely the point. Sustainable wins come from preparation, not inspiration.
Quote Details
| Topic | Startup |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Johnson, Magic. (2026, January 15). Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition. FixQuotes. https://fixquotes.com/quotes/research-your-idea-see-if-theres-a-demand-a-lot-122274/
Chicago Style
Johnson, Magic. "Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/research-your-idea-see-if-theres-a-demand-a-lot-122274/.
MLA Style (9th ed.)
"Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/research-your-idea-see-if-theres-a-demand-a-lot-122274/. Accessed 12 Feb. 2026.







