Numbers Don't Lie

Friday, October 27, 2006

Ideas and execution

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.



Blogger Lulu said...

I invite you to visit my blog. Hope you like it!

7:06 PM

Blogger Mike said...

I'm not picking on you but, 20 x $10,000,000 = $200,000,000.

I also invite you to visit one of my blogs. I hope you like it too!!

7:39 PM

Blogger Sicilian said...

Interesting thoughts. . . kind of sounds like Michael Dell or Bill Gates would've come up with those thoughts.

5:24 AM

Blogger Life Records said...

Hi, Mike,
here is number: Brilliant idea X Great execution = 20 X $1,000,000 =$20,000,000.

6:51 AM

Blogger Mike said...

I can apparently read numbers but not words. Words are such a bother.

12:07 PM

Anonymous Anonymous said...

I have so-so ideas and no execution :(
I need to change!

8:43 PM


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