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Startups

Ideas, Execution, and the Rare Auteur

Idea Man.

ideas are just a multiplier of execution - O'Reilly ONLamp Blog

Derek Sivers' short blog post from 2005 has been making the rounds lately -- it came to me via Chairman Gruber -- and I have to say, I can't stop thinking about it. I think this is really profound thinking around the fundamental misunderstanding many people have about the value of ideas.

In a nutshell, Derek says ideas are valuable only inasmuch as they can be multiplied by execution. So, if you remember your 3rd grade arithmetic, you can figure out the product of even the most fantastic idea when it's multiplied by zero execution.

I, too, frequently encounter this attitude of "Sign the NDA! Sign the NDA!" any time someone wants to tell me about their squirrelly idea for making a bajillion dollars on the internet, and I almost always end up saying the same six things to The Idea Men:

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