Tuesday, July 15, 2008

On Implementing Ideas and Confidentiality

"Don't worry about people stealing your ideas. If your ideas are any good, you'll have to ram them down people's throats."
Howard Aiken

I have long said that ideas are a dime a dozen - its the implementation that counts. People often appraoch me with ideas. They want me to sign confindentiality agreements which I rarely do. Its not the ideas - its the implementation.

My advice for budding entrepreneurs and inventors is the execution is what counts. In some cases, this means "find a partner who can execute well". It is all the details that make a business run well. Of course as I write this, I worry that I give entrepreneurs an opportunity to wait and ponder. Just doing something will often get you ahead of the game.

And many people need a lesson in action. Nike has it right - Just Do It.

I am off to Just Do It now myself.


At 6:21 PM, Anonymous Anonymous said...

Dead on, Jim. Getting good ideas is the easy part. Turning them into innovations that make revenue go up or expenses go down is hard. Turning them into products and services that people want and are willing to pay for is hard. Turning them into an experience that delights customers is hard.

As my friend Robert Tucker says, "Everyone who has ever taken a shower has had a good idea."

At 9:24 AM, Anonymous Anonymous said...

There are a lot of great products that were invented at the same time but one company was able to implement the product/service successfully. Facebook & ConnectU are just one example of two similar ideas, both created at the same approximate time but one wildly successful and one wishing it could be successful.

Surrounding yourself with the right people and learn from them if you want to be successful.



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