Ideas mean Sh*t. Why your "Millionaire Ideas" worth Nothing.

[Costa]

If I told you this: Ideas means nothing, execution is the only thing that matters.

You're not gonna pay attention, so let me tell you a story and you'll see how worthless the ideas are.

-------------

Congrats! You found the time machine... Now you are in 1990, and you have the Amazon, Youtube and Facebook Ideas. (And between 4 / 5 years to make it)

And you say, F*ck YEAH IM GONNA CREATE AMAZON, and then you search "Amazon clone script template", nothing found, you are in the 90s Codecanyon it doesn't exist.

"Ok cool nothing to worry about, Im gonna find a Coder on craiglist... Gasp, craiglist it doesnt exist"

Nevermind, somehow you found a Coder, now you guys build amazon, but Ebay notices your website, and copycat the whole website, and they become the new amazon and Ebay but merged.

That's a low blow, but now you forget the amazon idea, and you and your coder are trying to build Facebook. 4 years later, you fail.

Then you try to create Youtube, and SURPRISE your Coder doesn't know how to make a Video sharing website.

You come back to the present day, nothing changed, you are the same broke guy.

Why? You are not Jeff Bezos and the other people. The success is not in the Idea, but in Execution.

 

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[heavy_industry]

Execution is king. Ideas are pawns. - MJ DeMarco

This is one of the ideas presented in the Millionaire Fastlane and is well known on this forum.


I think I've already posted this, but those wise words are now plagiarized by this woman.

View: https://www.youtube.com/watch?v=ralyZQCHFvw&ab_channel=5ThingsIWishSomeoneToldMe

“Ideas Are Pawns.

Everywhere I look everyone has a million dollar idea. Some business or product that is going to change the world. I appreciate the optimism…

medium.com

@MJ DeMarco

 

[MJ DeMarco]

Execution is king. Ideas are pawns. - MJ DeMarco

This is one of the ideas presented in the Millionaire Fastlane and is well known on this forum.


I think I've already posted this, but those wise words are now plagiarized by this woman

View: https://www.youtube.com/watch?v=ralyZQCHFvw&ab_channel=5ThingsIWishSomeoneToldMe

“Ideas Are Pawns.

Everywhere I look everyone has a million dollar idea. Some business or product that is going to change the world. I appreciate the optimism…

medium.com

@MJ DeMarco

Yes, nicely borrowed from me without credit. Pretty typical nowadays. Safe to say when I immortalized that concept to paper in 2009 Ms. Krista Whitley was likely in junior high, so I doubt it is a figment of her creation. Oh well, it helps people, no?

 

[Andy Black]

One of my biggest red flags is when someone wants to hop on a call saying they've an "idea for an app". Not once has anything ever come of it.

The whole idea word gets my alarm bells ringing.

 

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[Tiago]

But @Andy Black, what if their app idea is the new Uber of X?!?

 

[Andy Black]

But @Andy Black, what if their app idea is the new Uber of X?!?

I literally heard once:

"We'll sell second hand buggies and baby gear. It'll be like Ebay, but we'll call it BabyBay. "

(Facepalm)

 

[rileysather]

If I told you this: Ideas means nothing, execution is the only thing that matters.

You're not gonna pay attention, so let me tell you a story and you'll see how worthless the ideas are.

-------------

Congrats! You found the time machine... Now you are in 1990, and you have the Amazon, Youtube and Facebook Ideas. (And between 4 / 5 years to make it)

And you say, F*ck YEAH IM GONNA CREATE AMAZON, and then you search "Amazon clone script template", nothing found, you are in the 90s Codecanyon it doesn't exist.

"Ok cool nothing to worry about, Im gonna find a Coder on craiglist... Gasp, craiglist it doesnt exist"

Nevermind, somehow you found a Coder, now you guys build amazon, but Ebay notices your website, and copycat the whole website, and they become the new amazon and Ebay but merged.

That's a low blow, but now you forget the amazon idea, and you and your coder are trying to build Facebook. 4 years later, you fail.

Then you try to create Youtube, and SURPRISE your Coder doesn't know how to make a Video sharing website.

You come back to the present day, nothing changed, you are the same broke guy.

Why? You are not Jeff Bezos and the other people. The success is not in the Idea, but in Execution.

This is part of the reason that books are garbage. The person that reads business books for a year won’t make it as far as the person that starts the business and gets the year of experience

 

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[heavy_industry]

One of my biggest red flags is when someone wants to hop on a call saying they've an "idea for an app". Not once has anything ever come of it.

Hey Andy, look!

FREE BUSINESS IDEAS!



Now everybody is going to get rich!