How much an idea worth?
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How much an idea worth?

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How much does your idea worth? There are persons that think a good idea worth millions of dollars, but there are other that think that it doesn't matter how good an idea is, it doesn't worth a ...

How much does your idea worth? There are persons that think a good idea worth millions of dollars, but there are other that think that it doesn't matter how good an idea is, it doesn't worth a penny!

Well, I don't like neither approaches, I prefer Derek Sivers one's that I explain in this presentation.

You can see more in my blog: http://startupbizmodel.com
(in portugueses)

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How much an idea worth? How much an idea worth? Presentation Transcript

  • How much does your idea worth?! Thiago Paiva! ! Blog: http://startupbizmodel.com! Twitter: @ThiagoPaiva!
  • So, how much does an idea worth?!•  Some  people  thing  good  ideas  worth  millions  of  dollars  and   others  that  idea  are  worthless,  that  what  really  worth  is   execu8on.  •  I  don’t  share  neither  one  of  this  visions,  I  like  one  that  was   introduce  by  Derek  Sivers  at  O’Reilly  blog’s,  that  says  that  ideas   are  mul8pliers  and  execu8on  that  has  some  intrinsic  value.  
  • After all, give some numbers!! Idea     Execu8on     Company   Mu8plier   Value   Value   IDEA  MULTIPLIER   EXECUTION  VALUE   Awful = -1 No Execution = $1 Weak = 1 Weak Execution = $1000 So-so = 5 So-so Execution = $10,000 Good = 10 Good Execution = $100,000 Great = 15 Great Execution = $1,000,000 Brilliant = 20 Brilliant Execution = $10,000,000SOURCE:  hFp://www.oreillynet.com/onlamp/blog/2005/08/ideas_are_just_a_mul8plier_of.html    
  • Conclusion:!•  As  you  can  see,  ideas  are  mul8pliers  of  your  execu8on.    •  Awesome  execu8on  of  poor  ideas  s8ll  worth  a  lot.  •  Brilliant  ideas  with  poor  or  no  execu8on  worth  almost   nothing.  •  Your  idea  will  change  during  the  execu8on,  so  focus  in   execu8ng  it  and  in  adap8ng  it  to  market.