Which is More Important… Idea or Execution?
They seemed pretty evenly split about which one was more important - (along with a few who said it was both).
But I have to admit, I think it’s the excecution.
I’ve seen shoddy products pumped up enough where they became wildly profitable by reason of fantastic marketing.
Meanwhile great products collect cobwebs for the reverse reason.
Trust me, I’ve got a closet full of lost causes that failed for no reason other than my lack of proper execution.
Other entrepreneurs are making money from those exact ideas right now.
Danny Gilbert, whose net worth is $1.1 billion dollars, says it succinctly, “We have a saying in our companies that “Innovation is rewarded, but execution is worshipped.” A great idea is just the first step; the real talent is bringing that idea to life with great execution.”
Executin’ one project at a time,
Alexis Dawes
