Ideas and Action

When I posted Can passion give you blinders? – And some more thought-provoking art on my Posterous a couple of days ago, I received a comment from a friend of mine that really hit the nail on the head and helped to clarify the relationship between ideas and action. Im sharing it with all of you below.

Excerpt from Getting Real

It’s so funny when I hear people being so protective of ideas. (People who want me to sign an nda to tell me the simplest idea.) To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.

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. That’s why I don’t want to hear people’s ideas. I’m not interested until I see their execution.

- Derek Sivers, President and Programmer, CD Baby and Host Baby

Posted via web from Renjie Butalid