An average idea with excellent execution is worth a lot more than a great idea with poor execution.
An average idea with excellent execution is worth a lot more than a great idea with poor execution.
outcome = idea x execution
So both are "multipliers" in the language of the model. The formula is completely symmetric in the two quantities.
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.)
* 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.