Business Development · Product Development

Idea vs. Execution?

Svyatoslav Dormidontov Web-developer

September 26th, 2016

What is more important to have a great idea or to have a masterful execution regardless of the idea?

Steve Owens

September 26th, 2016

Works like this:

Bad Idea + Bad Execution = $0 (or minus $)
Great Idea + Bad Execution = $100K
Bad Idea + Great Execution = $10M
Great Idea + Great Execution = $100M
Great Idea + Great Execution + Luck = $1B

Aleksey Malyshev Software Engineer at iTouch Biometrics, LLC

September 26th, 2016

Majority of entrepreneurs and investors in the Bay Area say - "ideas are free". Ideas cost nothing, execution is what makes it valuable.

Katarina Miechowka Founder at Sketching Tomorrow Consulting

September 26th, 2016

It's a chicken and egg discussion: both are equally important! A weak idea will only be compensated to a certain extent by excellent execution... And a brilliant idea is worth little without execution: after all, execution is the only thing a consumer gets to see. Envoyé de mon iPhone

Sunil Bhat

September 26th, 2016

It can never ever be 'both'! Execution is everything. 

Startups need to be agile, nimble and have the philosophy of 'failing fast'. Even a so called bad idea can easily be improved if execution is done in the right manner. Every successful startup including Facebook, Google, Linkedin are the proof that an idea turns into successful business venture only through efficient and strategic execution. 

Shyla Klinder Head of Product

September 26th, 2016

A great will remain a great idea unless it is executed well. Take Airbnb and VRBO same idea but different execution.

Peter Bazunov Deelor co. (managing director), business and technology expert at www.proexpert.info

September 26th, 2016

The second... Always. 1000 ideas have been ruined by poor execution, and excellent execution produces fantastic ideas.

Yaniv Sneor Founder, Mid Atlantic Bio Angels; President, Blue Cactus Consulting, Trustee, ILSE

September 26th, 2016

A great idea with mediocre execution will result in a mediocre or failed company.

Great execution of an even mediocre idea will result in a great company.

Rachel Kaberon Market Insights and Business Transformation Strategist: FinTech, Collaboration, Process Automation

September 26th, 2016

A business is execution and tests the viability of an idea. That said success depends on execution of good ideas 

Dave Shepherdson Enterprise Architect -Turning Strategy into Reality

September 26th, 2016

Both, however, regardless of how brilliant you think your idea is, good market research will determine  if you should move forward or not.

Marv Steigman Chief Marketing Officer

September 26th, 2016

Both are not equally important. Everyone has good ideas from time to time. The execution of one of those ideas requires masterful skill and resources.