Start Up Blog

Idea vs Execution

Posted in entrepreneurship by Steve Sammartino on July 11, 2009

boxing-gloves

For tonight’s heavy weight bout for the Boxing Entrepreneurship Championship of the world we have a much anticipated battle with:

“Excellent idea with Average execution”

vs

“Average idea with Excellent execution”

After 10 rounds of fighting the undisputed defending champion of the world title belt was awarded to Average idea with excellent execution who has managed to defends the title for time in perpetuity. In fact Average idea with excellent execution has an unbeaten record versus all other challenges in too many matches to remember.

Startups – your idea isn’t nearly as important as you think it is.

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17 Responses

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  1. ThorSalesWarlord said, on July 11, 2009 at 1:03 pm

    Ahh much like my old favorite;

    “Awesome idea with SOME execution”

    VS

    “Awesome idea with NO execution”

    No but you’re right, execution is EVERYTHING.

    That’s why they call us EXECUTIVES.

    Keep punching above your weight range.

    TSW

  2. Mac said, on July 12, 2009 at 1:56 pm

    Hi Steve – Very good point with this post. It’s all about the perspiration. One disclaimer I would add is “Warning: Everyone always thinks their idea is an excellent idea”

  3. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  4. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  5. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  6. […] Under Technology News There’s a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  7. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  8. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  9. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  10. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  11. […] a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  12. […] News, Technology, Travel There’s a cliché statement about entrepreneurship that says ideas are nothing without execution, rendering the former virtually worthless without the combination of hard work and luck that can […]

  13. onealbumaday said, on July 24, 2009 at 10:35 am

    But what shape is the distribution curve for ideas? Is it a bell curve with a big fat middle of viable opportunities? Or is it skewed such that there are more bad than good (or vice versa)?

    Surely, executability needs to part of the idea for it to be at least average…

    Great analogy irrespective…

  14. Client development - techfounder said, on July 30, 2009 at 9:58 am

    […] in the industry seem to agree that execution is the main key for the success of a startup. We do […]

  15. […] had a product built and ready to go, and it had taken us the better part of 8 months to get there. Execution is much more important than the idea. But still, Bob would have none of it. He was scared to even share the url with them […]

  16. Quora said, on June 10, 2012 at 10:03 am

    How should three founders – a professor, a PhD student, and a technical/business guy – split a newly established company given very different risk profiles and responsibilities?…

    One of the underlying issues in determining the right equity split is the question of: “What is the value of the idea vs. what is the value of the execution?” Is the professors contribution is really an idea with minimal execution than 10% might be t…

  17. Beeing social said, on April 30, 2013 at 5:59 pm

    The most important part of any operations is to work on the strategy (idea) and then work on it (execution), both have to go hand in hand


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