Everyone Has 100 MILLION Dollar Ideas

I hear great ideas all the time, and I’d like to think that I have some pretty good ideas.

But what exactly gives an idea worth?

Is it the person who comes up with the idea?

I wouldn’t think so, Thomas Edison or Alexander Bell used technology from other inventors when it came to the lightbulb and the telephone.

How about the technology behind the idea?

Nay. Google Glasses used cutting-edge technology to create Augmented Reality, but most people have never heard of it.

So then what?

It’s the execution of the idea.

It’s not the concept, who came up with it, or the technology driving the idea. 

It’s the execution and implementation of the idea that gives an idea value.

The worth is in the act.

Here are 4 ways to be a more effective implementer

1. Slow is smooth, and smooth is fast

It’s human nature to want the outcomes to come quickly, and we tend to search for convenience. But in implementing, it requires us to be deliberate, consistent and focused. This takes more time and effort and starts as a slower process but as a smooth one. Eventually, smooth execution becomes the fastest way to the outcome you desire.

2. Done is better than perfect

Perfectionism is a massive issue for a lot of people, especially entrepreneurs. Having a deadline, and a rubric for good enough is a great way to maintain momentum, and not get caught up in something that doesn’t require more effort.

3. We work in a people economy

We hire people, we sell to people. The founder of Starbucks once said, “We’re in the people industry serving coffee.” If you want an idea to become reality, surround yourself with great people, not just staff, but also customers that are willing to provide feedback.

4. 80% of the results come from 20% of the work

Classic Pareto principle, 20% of the work generates 80% of the results. Focus on what’s moving the needle, and double down to be more effective.