Ye Olde
Talbott Blog

Business Math

Derek Sivers:

The most brilliant idea takes great execution to be worth $20,000,000.

I’ve heard the same thing said many different ways, but it’s always good to be reminded that execution trumps ideas every time, especially from someone successfully running their own business. Go read the whole thing.

One other thing I liked:

  "awful idea" x "brilliant execution" = $-10,000,000

Do watch out for those awful ideas, m’kay?