Business Opportunities Weblog

Ideas Are Almost Worthless

By on August 19, 2005 in Ideas

Derek Sivers has the clearest explanation yet of why he thinks ideas are practically worthless:

AWFUL IDEA = -1
WEAK IDEA = 1
SO-SO IDEA = 5
GOOD IDEA = 10
GREAT IDEA = 15
BRILLIANT IDEA = 20

NO EXECUTION = $1
WEAK EXECUTION = $1000
SO-SO- EXECUTION = $10,000
GOOD EXECUTION = $100,000
GREAT EXECUTION = $1,000,000
BRILLIANT EXECUTION = $10,000,000

To make a business, you need to multiply the two.

The most brilliant idea, with no execution, is worth $20.
The most brilliant idea takes great execution to be worth $20,000,000.

via Paul Kedrosky.

execution

Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

Another Idea: How to Start a Franchise Idea Center Business

  • danakeith

    ideas were always stay as it is, we all have great idea on every certain issues, but the problem there is how to make it to reality, most of us have it but having hard time on how to start with it.

  • jaeda

    yes, i agree with it.

Today's Posts