Mike Landman

Mike Landman

Observations On Business. Maybe a Little Preening. And A Few Lessons Learned.

Why Telling People Your Idea Is OK

I wrote about this once before, but the basic premise is:

No one is going to steal your idea. And if they are, an NDA isn’t going to stop them.

More than likely your idea will fade away, even from you, because you can’t get the execution down.

This calculator is about the best illustration I’ve ever seen.

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.

3 Comments

  1. S. Averett

    “Oh dear lord. What if you had and awful idea with a brilliant execution? I can’t even imagine.”

    You just articulated the career of Karl Rove.

    Reply

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