Great Ideas Aren't Worth Much Without Great Execution Behind Them
blog.sqwiggle.com
blog.sqwiggle.com
This is the main fear I have when prototyping new ideas. If it is a success, then surely the larger, more resourced competition will simply assimilate it into their own product.
An entrepreneur can ace everything you list in this post but if he's working on a bad idea he'll still fail. The best you can say from what you've written is "if you start out without a good idea, maybe you can iterate yourself into one. Maybe."
And there is a big difference between something being "not salable" and "not valuable". I can't sell my right arm but it's still pretty darn crucial to me.
My point is that, I personally have had a lot of great ideas, but just the simple idea alone is what has brought me success in the small things I've done. It's both idea and execution of the idea working together that bring great things.
Really appreciate your thoughts!
I know the author is going for a massive exaggeration with the statement "Ideas are worth nothing" but it's simply not true.