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Guest aquastealth

Great Product Ideas! How To Make Em Come Real!

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Guest jjdon

A related and interesting topic was raised in and article I read a couple of years ago. Why does Hollywood put out films in clusters? Meaning, there are three "deaf child looks for her mother" or "meteor is falling to Earth" movies coming out at the same time. Is it plagiarism? Does everyone in Hollywood steal ideas? The conclusion of the article was no - it's because people are human and we all live in the same world. Something pops up in the news that flicks a switch in someone's brain - "Ah, deaf child looking for mother!" But they're not alone in the world, it's not a difficult stretch, so someone else has their own take on it, too. Just interesting - what IS truly unique?

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Guest michaelAtSPG
Great post.

 

Ideas are great, but we must becareful not to get carried away. The reality are ideas are dime a dozen, execution here is the key. I recently wrote a post here that describes this issue:

 

It’s so funny when I hear people being so protective of ideas. (People who want me to sign an NDA to tell me the simplest idea.)

 

To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.

 

Explanation:

 

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.

 

That’s why I don’t want to hear people’s ideas.

I’m not interested until I see their execution.

 

[snip...]

 

Normally I'd have made fun of anyone who quotes *themselves*, but that is a great piece. I'm

going to print it out and tack it up...

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