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	<title>Tony Chung&#039;s Geekwhat.com &#124; A Music, Tech, and Money Blog &#187; execution</title>
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		<title>So you got a Business Idea&#8230;</title>
		<link>http://geekwhat.com/2010/06/07/so-you-got-a-business-idea/</link>
		<comments>http://geekwhat.com/2010/06/07/so-you-got-a-business-idea/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 21:32:02 +0000</pubDate>
		<dc:creator>Tony Chung</dc:creator>
				<category><![CDATA[business]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[money]]></category>
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		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[execution]]></category>
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		<guid isPermaLink="false">http://geekwhat.com/?p=539</guid>
		<description><![CDATA[I&#8217;m not a fan of people who sit around and slack. Moreso, I dislike people who talk about business this, idea that, but don&#8217;t actually take action on anything. Most of ALL, I can&#8217;t STAND people who make a big deal about concealing their ideas for fear of someone stealing their grand, amazing, life-changing, phenomenal [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>I&#8217;m not a fan of people who sit around and slack.  Moreso, I dislike people who talk about business this, idea that, but don&#8217;t actually take action on anything.  Most of ALL, I can&#8217;t STAND people who make a big deal about concealing their ideas for fear of someone stealing their grand, amazing, life-changing, phenomenal idea and running with it.  Grow up.</p>
<p>Below is a <a href="http://sivers.org/multiply">genius quote</a> by entrepreneur and <a href="http://cdbaby.com">CDBaby</a> creator Derek Sivers, enjoy:</p>
<hr />
<p style="padding-left: 15px;"><span style="color: #555;">It&#8217;s so funny when I hear people being so protective of ideas.  (People who want me to sign an NDA to tell me the simplest idea.)</span></p>
<p style="padding-left: 15px;"><span style="color: #555;">To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.</span></p>
<p style="padding-left: 15px;"><span style="color: #555;"><strong>Explanation:</strong></span></p>
<p style="padding-left: 15px;"><span style="color: #555;"><strong>AWFUL IDEA = -1<br />
WEAK IDEA = 1<br />
SO-SO IDEA = 5<br />
GOOD IDEA = 10<br />
GREAT IDEA = 15<br />
BRILLIANT IDEA = 20</strong></span></p>
<p style="padding-left: 15px;"><span style="color: #555;"><strong>NO EXECUTION = $1<br />
WEAK EXECUTION = $1000<br />
SO-SO EXECUTION = $10,000<br />
GOOD EXECUTION = $100,000<br />
GREAT EXECUTION = $1,000,000<br />
BRILLIANT EXECUTION = $10,000,000</strong></span></p>
<p style="padding-left: 15px;"><span style="color: #555;">To make a business, you need to multiply the two.<br />
The most brilliant idea, with no execution, is worth $20.<br />
The most brilliant idea takes great execution to be worth $20,000,000.<br />
That&#8217;s why I don&#8217;t want to hear people&#8217;s ideas.<br />
I&#8217;m not interested until I see their execution.</span></p>
<hr />
<p>Bottom line: Do your homework.  Make sure your idea is legit.  Do the work to execute the idea.  <strong>Make it happen.  </strong>Most importantly, stop talking or being overprotective.  </p>
<p>Nike said it best: Just do it <img src='http://geekwhat.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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