Comments on: Note to entrepreneurs: Your idea is not special Grow your own Thu, 26 Mar 2015 12:32:24 +0000 hourly 1 By: Matt5 Sat, 20 Apr 2013 16:33:57 +0000 I have to disagree with you on that becuase the most imporant thing needed in a great entrepreneur is pasion. Pasion for their idea and knowing it will change the world. You could be great at giving pitches but if you don’t belive then there’s no point having the idea.

By: lippy Fri, 25 May 2012 19:02:37 +0000 There is a story about a guy who had an idea for Coca Cola. So he gets everything squared away with legal to present his idea, and then he does. Bottle it.

So how does this article apply to a situation like that?

There are countless ways companies can be improved and both insiders and those who use the company services may be able to see very profitable ways to improve operations but there may not be any way for them to be compensated for it and therefore little to no incentive for them to share their ideas.

How would this writer address those circumstances?

The idea is hardly good enough that you could start your own company and compete with a well established one using your idea because for one thing it isn’t patentable and they could steal it on day one, i.e. bottling.

So the question is: Is there any way to monetize your idea with a company?

I have several ideas that would serve Facebook or Google very well including in areas of marketing and their interface. None of these ideas are patentable, and each could steal it from the other. They are in fact quite obvious to me, but they haven’t done it yet so maybe it’s not obvious to everyone.

Is there are way to present my ideas to a company and get paid? On the flip side to protect the company, how would they set up a legal framework to protect themselves from being presented an idea they already have on the drawing board, have thought about and discarded, or could hear but not be impressed by it and choose not to implement it while still being on the hook to legally compensate the idea provider if they do successfully implement an idea they had not though of yet?

If that framework doesn’t exist, the development of it would be profitable in itself.

By: Ideaincubator Fri, 04 Nov 2011 00:41:04 +0000 I agree. with execution be paramount.
The ideas that I have had, and continue to have, jump into my mind have been counted into hundreds of usable ideas many worth billion or trillion dollar valuations – if launched with capable people. However, my execution and business skills suck, so the valuation is zero. The real question is how to integrate ideas guys and execution guys?

By: paperab Tue, 18 Oct 2011 16:36:55 +0000 Sorry man.

“to sign a non-disclosure agreement” is a pre requisite to be able to register a IP patent… if you disclose your ideas to the very first guy on the road (like you).

Hence my vote 0/10


By: photohand-team Fri, 08 Jul 2011 20:34:04 +0000 What do you mean by execution? Building something decent is one thing. Getting your name out is another story. It’s the survival of the loudest. Facebook’s interface is clumsy and convoluted but we are all on it because they had tons of cash to drag us onto their website. Groupon despite their claims of the opposite, is destroying small business. But they had tons of cash to bamboozle small business owners that this is the way things are done these days. Basically, you can pick any startup and make it another success story if you pour as much money in it as has been poured into Groupon or Twitter that are still in the red.

By: Reality24 Tue, 21 Jun 2011 11:58:06 +0000 What is the definition of “Execution”? Steve Jobs didn’t build (“Execute”?) the first Apple computer, Steve Wozniak did. Woz had created an initial prototype that his employer, Hewlett Packard, did not want or see the value in. But Steve Jobs had vision and “ideas.” Was his execution getting Woz to build it while he handled the other parts of the business? Similarly, Paul Allen was the most instrumental in the actual creation (programming and porting) of MS Software and porting the operating system that they had purchased. Was Bill Gates not executing?

By: saidismeenk Tue, 21 Jun 2011 07:40:04 +0000 sounds like a investor trying to educated a investor.

Idea is your foundation, is your passion. And execution is most important part of building your idea. Facebook/apple/google are the first kind what they do best, reach the mass. So that is innovated in the idea and different other way other entrepreneur would have done this.

@ocala123456789 you should know better to read this sucky webblog and condemn entrepreneurs…

By: Ocala123456789 Mon, 20 Jun 2011 12:44:47 +0000 most of these people who are putting comments against this article never started a company nor had an innovative idea. Most of these people are dreamers without any results… they shamelessly say WRONG also… it is not wrong… execution is everything… because any idea you have will evolve with the market forces and your strategic decisions… so this article is a very realistic article to the bones… read the story behind friendster and come back here annd talk about what kind of a great dreamers you are… dream on boys… you are the pessimistic souls of every social gathering with your constant crying about “I thought about that before”… funny…

By: LeoSorge Mon, 20 Jun 2011 08:15:15 +0000 I appreciated this article. I know my point of view could be inspired by the ongoing situation in Italy, where after 3 years of VC promotion we experience a full blossoming of “your idea could be worth 1M Euros”. Most young Iitalian aspiring entrepreneurs are able to put online a Web 2.0 website, find a decent marketing manager and send him to as many as possible “YOU got talent” exhibitions, and that’s it.
But there is the need to say to most people that executing ideas is today more difficult than it was 20 years ago in Silicon Valley.

By: Neo7th Sun, 19 Jun 2011 12:58:49 +0000 What’s said in this article describes 100% of what I am going through. I am in the phase of being obsessed about the execution of my idea, so I am glad to know that I am doing what I am doing the right way.

This has been very helpful, thanks.