Are entrepreneurs made or born ?
Numbers Don't Lie
Labels: Technology
Labels: personality, psychology
To accomplish anything which hasn't done before, a good idea itself is not enough. Below is a numeric formulation on this subject, given by Derek Sivers, president and programmer, CD Baby and HostBaby :
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. That's why I don't want to hear people's ideas. I'm not interested until I see their execution.
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Almost unheard of a decade ago, but now 8% of U.S. working population commute more than 1 hour (one way) to go to work.
Labels: Life
A new study in the October issue of Chest found that that having a first-degree relative with lung cancer nearly doubled the odds of developing lung cancer. The association was even stronger for women. Women who had a first-degree relative with lung cancer almost had triple the risk of lung cancer, while men with a first-degree relative with lung cancer had about a 70% higher risk.
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