via Salman Asari (https://facebook/rants/posts/10101068768352677) Dear friends: Many of you have spoken to me at some point about your amazing app idea. While I love to discuss the potential business viability of ideas, I often hear people really excited at the idea alone, with no real thought given to how it would actually become a business. Even worse, people will see other businesses succeeding (e.g. getting acquired, raising funding) with an idea similar to one they had, and immediately say OMG! That was MY idea first! I had it AGES ago. I would have been rich!!! No. Everyone has ideas, but precious few can derive success from them. The reality is that success in the business world is derived from *execution*. To say that the idea alone would be sufficient for success completely dismisses the incredible amount of physical, emotional and personal sacrifice people have to make to build a quality product, serving a market that actually needs & wants it, while simultaneously fueling a business model that works. Being first at implementing an idea does not guarantee success. If anything, probability dictates that as the first, you will fail. Followers will walk the path you already tread, learn from your mistakes, and sprint to success. It happens all the time. Think about it -- Facebook was not the first social network, but it won due to its relentless, strategic execution. So, unless you are actually working on your idea, it is worthless. PRO TIP: You can INSTANTLY turn your worthless idea into a potentially valuable one by *working* on it. Hazaa! As I write this post, Im quickly realizing that people dont like reading anymore. So, theres a good chance most people wont even read down to this sentence. Thankfully, society still likes watching videos, so heres a quick (~5 min) video that summarizes some of the principles Im talking about. Enjoy, and for those of you that got this far, thanks for reading! https://youtube/watch?v=l0HewTsU2_w #Startup #Idea #FirstIdea
Posted on: Fri, 05 Dec 2014 22:48:45 +0000
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