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Disagree on the view that ideas are not valuable. its a common clique that people assume is true. Ideas that are not well researched are worth little. But idea

Disagree on the view that ideas are not valuable. its a common clique that people assume is true. Ideas that are not well researched are worth little. But ideas that are scrutinized and based on months of customer interviews and market research are extremely valuable.

jxub 9y ago
But we can argue that this research is already part of the execution... the semantics of the idea/execution meme seem quite blurry IMHO, and lend themselves good mostly just to writing Medium posts.
wavefunction 9y ago
Offered only in the spirit of friendship, I'd believe you may mean 'cliché' rather than 'clique.'
eikenberry 9y ago
You just described one of the first steps in the execution of an idea. The idea itself is still worthless, but the research into that idea can be of great value.
icelancer 9y ago
>> But ideas that are scrutinized and based on months of customer interviews and market research are extremely valuable. Everyone inherently knows that. That's an "idea" that is more like a research project that had tons of effort put into it. Patrick's comments are for the people who think "BLOCKCHAIN BUT FOR DATING SITES."
- slavik81 9y ago
  A more charitable example of a valueless idea would be my idea of a jewelery company that takes you through the process of forging your own engagement or wedding rings. For something that sentimental, I think there's a lot of people who would appreciate being able to say they did more than just drop down a few thousand dollars on a jewelery store counter. But, making goldsmithing accessable to the general public would probably be a very difficult business to start even for someone experienced. How do you cheaply train up random people to get good results? Maybe with the right equipment and expert guidance, people could do it. However, the research and design that would go into putting that workshop and program together would have to be pretty extensive. Hence, as good as an idea as I think it is, it's valueless without a detailed plan and some actual validation.
hartator 9y ago
> scrutinized and based on months of customer interviews and market research are extremely valuable This is called execution. It's not an idea anymore.
- badestrand 9y ago
  Better example: Idea 1 is a food delivery platform like JustEat. Idea 2 is umbrellas for cats. Both in a market where both are not present yet. Food delivery does work and is quite straight forward, you can not really mess that up. Umbrellas for cats will fail, no matter how great you execute.

jxub 9y ago

But we can argue that this research is already part of the execution... the semantics of the idea/execution meme seem quite blurry IMHO, and lend themselves good mostly just to writing Medium posts.

wavefunction 9y ago

Offered only in the spirit of friendship, I'd believe you may mean 'cliché' rather than 'clique.'

eikenberry 9y ago

You just described one of the first steps in the execution of an idea. The idea itself is still worthless, but the research into that idea can be of great value.

icelancer 9y ago

>> But ideas that are scrutinized and based on months of customer interviews and market research are extremely valuable. Everyone inherently knows that. That's an "idea" that is more like a research project that had tons of effort put into it. Patrick's comments are for the people who think "BLOCKCHAIN BUT FOR DATING SITES."

slavik81 9y ago
A more charitable example of a valueless idea would be my idea of a jewelery company that takes you through the process of forging your own engagement or wedding rings. For something that sentimental, I think there's a lot of people who would appreciate being able to say they did more than just drop down a few thousand dollars on a jewelery store counter. But, making goldsmithing accessable to the general public would probably be a very difficult business to start even for someone experienced. How do you cheaply train up random people to get good results? Maybe with the right equipment and expert guidance, people could do it. However, the research and design that would go into putting that workshop and program together would have to be pretty extensive. Hence, as good as an idea as I think it is, it's valueless without a detailed plan and some actual validation.

hartator 9y ago

> scrutinized and based on months of customer interviews and market research are extremely valuable This is called execution. It's not an idea anymore.

badestrand 9y ago
Better example: Idea 1 is a food delivery platform like JustEat. Idea 2 is umbrellas for cats. Both in a market where both are not present yet. Food delivery does work and is quite straight forward, you can not really mess that up. Umbrellas for cats will fail, no matter how great you execute.