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Nope. Some smart people started the meme that ideas are less important than execution. That statement is very true. Unfortunately, there are too many cargo c
by pius 19y ago
Nope.
Some smart people started the meme that ideas are less important than execution. That statement is very true. Unfortunately, there are too many cargo culters out there who take bromides like this to the extreme just because their favorite guru said it.
If you've got something innovative, why in the world would you want to give a group of entrepreneurial hackers not only your idea but enough about its execution and strategy to attract investors? Doesn't make a bit of sense to me.
I can already hear the wags saying, "You must not be very confident in your ability to execute better than the competition." My preemptive response to that is that there always exists a group of people who can execute an idea just as well as you can. Your likelihood of having the dominant implementation of an idea is based not only on solid execution but luck, relative time to market, and other factors -- most of which are not served by giving away your strategy to potential competitors.
Don't get me wrong, I give out ideas all the time, will talk openly about things that I'm working on within reason, and will risk strategies getting out when I pitch investors, but that's much different from guaranteeing that the blueprint to your business will be handed out to your competitors on a silver platter. That's not wise unless you consider your competitors really incompetent. I think too highly of my colleagues here to do that. :)
- edw519 19y agoAgreed. If I wanted to see how quickly someone else could reverse engineer and clone my app, this is the first place I'd go. Hell, there is so much talent (and attitude) here, it would almost be a little contest.
- icky 19y ago> Some smart people started the meme that ideas are less important than execution. Ideas are less important than execution, but a head start is a big advantage in execution (and adoption). I like to give away ideas that I'd like to see made into products or services, but that I don't have any interest in implementing myself.