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Thu, Aug 18, 2005

Simplicity Rules

Cheap plavix online, I have a lot of ideas. I don't have a lot of time. Many of my ideas are never executed, which becomes readily apparent every month or so when a domain, purchased in a fit of excitement, expires. The founder of CDBaby has a very short and to the point statement about ideas and execution that harkens back to my secrecy pondering, order lorazepam no rx.

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

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

In short, ideas alone are worth less than the amount of cash you have in your wallet. The author gives some multipliers and a brilliant idea with no execution ends up being worth $20.

Even more interesting to me is the good living that one person can make with middle-of-the-road ideas and execution. Not that I strive for mediocrity, but a hundred grand isn't chump change, order phentermine no prescription.

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1 Comments For This Post

  1. Richard Lynch Says:

    You can make it even more apparent, as I do, by never letting those domains expire, keeping them around as cobwebs, promising yourself that “some day” you’ll get around to working on them again.
    :-)

8 Trackbacks For This Post

  1. Simplicity Rules » Blog Archive » Releasing early versus releasing ready Says:

    [...] Well, we all have these things. It may be an idea for a whole product or a feature. Ideas are just about worthless. Sometimes I’ve tried to wait for a project to be perfect. When I realized I was going down that road with onBLOCK, that’s when I knew it was time to release. [...]

  2. Simplicity Rules » Blog Archive » No one funds ideas Says:

    [...] It’s a recurring theme in Simplicity Rules, as well as elsewhere, that ideas are worthless. Thomas Warfield, a successful shareware programmer, writes about the “pitches” he receives: Every few weeks or so, I get an email from somebody with a “Big Idea”. [...]

  3. Simplicity Rules » Blog Archive » Three reasons simplicity works for me Says:

    [...] I can get from idea to execution quickly. [...]

  4. Simplicity Rules » Blog Archive » Take your ideas public Says:

    [...] Cambrian House values ideas at five to ten percent of the whole project. That might be high, but I like seeing it in terms of a percentage instead of the idea multiplier. [...]

  5. Simplicity Rules » Scaling an idea Says:

    [...] I also believe that ideas alone aren’t worth much. Execution matters. [...]

  6. Simplicity Rules » Balancing the idea and execution Says:

    [...] A couple years ago I found a really cool formula for determining how much an idea is worth. It proposed that ideas were just a multiplier for execution, which is where the real money is. [...]

  7. Simplicity Rules » My Big Changes at DuVinci Says:

    [...] I want to help others create on the Web. There are designers with great skills who want to learn to program. And there are bright business owners who can’t execute on their ideas. I believe anyone can learn to program. I’m looking forward to proving that. [...]

  8. Resolve to Finish Your Awesome Side Project | Simplicity Rules Says:

    [...] don’t get finished and languish in a half-complete state. Or worse, they become trapped as unexecuted ideas. It’s nobody’s fault. Life takes over, priorities are forcibly skewed. Side projects, [...]

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