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by _dps 1867 days ago
This model circulates a lot but I haven't understood why; it literally treats them as the same thing. The model is

outcome = idea x execution

So both are "multipliers" in the language of the model. The formula is completely symmetric in the two quantities.

2 comments

My two cents: a good idea is 1, A great idea is also 1. It doesn’t mean jack till its usable.

So it would be more like - Good idea (1) x good execution(10) = 10 Great idea (1) x great execution (100) = 100

Ex: my great idea is that faster-than-light travel will REVOLUTIONIZE HUMANITY! Of course I’m an idea guy, so I cant be bothered with physics and engineering and special relativity and all that riff-raff. Let a specialized team figure that out. But hear me out - this is a BRILLIANT IDEA when finished. (That’ll be 100M seed funding, thank you very much.)

Maybe it's more (idea+1.000001)^execution - 1?

* Without execution, an idea is worth 0.

* Even without an idea, execution has value - go schedule a 45 minute meeting with a smart person with no set topic and something will happen.

* Execution is infinitely more effective than ideas at producing value.