Depending on a person’s intellect, we can always come up with amazing ideas that help us understand things or solve problems. But even if you can come up with the best idea, in reality, they are just a multiplier. The true value is how effective is your execution for these ideas.
Here’s an amazing formula that can explain the practical worth of every great idea you come up with especially in business.
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.