Ideas Are Almost Worthless

Since 2001, we've posted 21,224 different business opportunities and ideas, so you're sure to find something here to inspire you!

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August 19, 2005 by Dane Carlson | 2 Comments

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.