It really pisses me off that people keep saying that ideas are worthless and that the only thing that matters is the team or execution or whatever else bullshit they come up with.
NO! The only thing that matters is the idea!
Does the team matter? Nope. Unless you put togther a team of complete idiots, anyone with half a brain and some basic business sense can take a great idea and run with it. So as long as the team is average or better, they’ll do just fine with a good idea. But if you flip that, and take an amazing team and give them a shit idea, no matter how amazing they are, they won’t go anywhere with it.
Execution? Nope. Just like a team. If the idea sucks, no level of execution will make it a success. But if the idea is great, it will almost execute itself.
Any venture has 3 aspects to it – 1) idea 2) team/execution 3) capital
You can take a good idea and a good team and make something happen with no capital. You can take a good idea and capital and make something happen. But you can’t take a team with capital and make something happen without a good idea.
So next time you think that ideas are worthless. Think again!