Ideas, we all have them. They seem to pop-up like fireflies in the night sky. And like fireflies they seem to disappear in a flash, sucked in by the void. It takes a very brave and persevering soul to bring ideas to life. It does not matter whether the ideas were a success or a failure when finally developed. The fact that the ideas finally came into play is an achievement in itself.
You can find these brave souls in every walk of life. An ability to execute their ideas no-matter-what is the DNA plug that sets them apart. I have immense admiration for them. I keep tossing lot of ideas but never gotten round implementing even one of them. It can be depressing especially when you see the very idea doing the rounds.
I hope to close the gap between idea(s) and execution thanks in large measure due to inspiration I find in the online (social) world. One such inspiration is a wonderful piece by Derek Sivers. I have reproduced below a simple formula by which he proves that idea is a multiplier of execution.
Ideas are worth nothing unless they are 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 only $20.
The most brilliant takes great execution to be worth $20,000,000.
That’s why I do not want hear people’s ideas.
I want to see their executions.
What are you waiting for?