You are viewing a single comment's thread from:

RE: Are you a formula person or an idea person? Idea economy professionals.

in #education7 years ago

I love how your article articulates the importance of having an idea. However, a major flaw of the idea economy lies with execution. Everybody can have an idea: the real difficulty comes when you are implementing the idea and face funding, technical, and regulation issues. By the time, you resolve all the small issues, you are already burned out and lose focus on your idea. I would even go further and argue that not everybody can thrive in the idea economy since it requires a certain personality type (ie. entrepreneurial) to drive changes in the status quo.

Now, I'm going to resteem this article simply because I feel that there tons of people who find themselves unable to fit in the "knowledge" based economy.

There's nothing with not knowing anything. All you need is an idea!

Sort:  

James Altucher explains this @1:04 in the second video.
He views ideas as a subset of execution. If you are executing something new, by definition there are no formulas yet, so you have to create your own solutions. Sure there are many services, software etc., suppliers. And you are absolutely right, there are many obstacles to execute the idea.
A list of 10 ideas on a piece of paper indeed has little value until it is executed.

But I agree this needs further exploration!

I probably need to read this again:
https://sivers.org/multiply Derek Sivers on how ideas are a multiplier of execution.

Great point @dali.soh!

Aside from just doing it, there are quite a few books that can help with execution too.

Poke The Box (Seth Godin), Do The Work/War of Art and Turning Pro by Steven Pressfield, and Action! by Robert Ringer are all good reads.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.029
BTC 61651.26
ETH 3452.23
USDT 1.00
SBD 2.52