I came across - rather belatedly - the following interesting perspective about the distinction between an idea & its execution, from Derek Sivers, while surfing the net today:
"To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.
Explanation:
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."
Think about it.
No wonder celebrity success coach Anthony Robbins often said : "The secret to success is taking massive, consistent action."
[Derek Sivers calls himself "a hopeless learning addict, who's endlessly fascinated with the technical/programming/design process". He spends most of his time inventing and re-inventing the code behind his growing company's music distribution websites.]
Sunday, May 9, 2010
AN INTERESTING PERSPECTIVE ABOUT EXECUTING YOUR IDEA
Labels:
Strategic Execution
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