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Ideas are not important, execution is. Everyone has good ideas, and most of the smart folks i meet have a million-dollar idea a day, and a $100M idea every mon
by jasonmcalacanis 16y ago
Ideas are not important, execution is.
Everyone has good ideas, and most of the smart folks i meet have a million-dollar idea a day, and a $100M idea every month.
You're overvaluing your ideas in all likelihood.... which makes you think you're missing some opportunity. You're not, part of being an entrepreneur is selecting between multiple GREAT ideas, or pivoting between them.
In terms of risk, you miss 100% of shots you don't take....
.... and most folks over-estimate the down side risk. Save up $50k, quit your job and try for a year. If it doesn't work out then you go back to being a working stiff for another year or two while you save up another $50k and try again.
If you ask investors for money for your idea they won't give it you... you have to create something with potential, show it to them and ask for advice. If it's good they will then give you money.