3 ms·
My mental model of value of an idea is that it is one of multipliers. There are many different factors that affect end value: execution, value to others, luck,
by lmilcin 5y ago
My mental model of value of an idea is that it is one of multipliers.
There are many different factors that affect end value: execution, value to others, luck, timing, etc.
The end value is all those factors multiplied.
Even if your idea is great (is large factor) you can still get zero value if any of other factors is zero.
Worth noting, that if you don't plan to execute on an idea it is effectively worthless.
If you take a look at any historical "idea men" that have also been successful (like Edison) you will notice that they did much more than just produce ideas. They produced ideas but then executed on them, provided real value to others, had these ideas at the right time, had some luck, etc.