“How much is an idea worth? Many normal people assume that ideas are valuable, and that if only they could think of one, they might be able to sell it for millions of dollars, like the Pet Rock. On the other hand, many engineers, VCs, and successful entrepreneurs claim that ideas are worthless.”Idea * Judgment * Ability * Determination * Luck = $$$
I just recently started reading Paul Buchheit’s blog and thought i would share this great post on the value of Ideas. Since you all know how obsessed I am with coming up the next big thing you can see why I would find this interesting. I better get moving because I dont have much time if I plan on retiring by 26!
Check it out - http://paulbuchheit.blogspot.com/2008/03/ideas-vs-judgment-and-execution_9197.html
Wait, I thought Idea * ??? = $$$…