Ideas & execution
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Transcript of Ideas & execution
(c) UserTechBiz.com 2015
• You may have an idea…or a hundred ideas
• How you execute on the idea matters…a lot!
• Many people have ideas but few have the tenacity, patience and discipline to successfully turn them into something real
• The entrepreneur builds a ‘system’ around the idea that allows it to mature into a real product.
• Your brain cycles are extremely valuable. Use them for the most important things
• (Beyond the Idea; Why Execution Intelligence is What Matters) – Rob Adam
“IDEAS ARE COMMODITYEXECUTION IS SCARCE”
3 QUALITIES OF EXECUTION
Repeatable
Efficient
Reliable
(c) UserTechBiz.com 2015
without a reliable process, scaling the business would be impossible
Don’t rely on fluke
If a machine can do it faster and more accurately, get the machine
(c) UserTechBiz.com 2015
RELIABLE
• The process and people around that process need to be reliable to the extent that you don’t have to think about it anymore
• Your brain cycles are extremely valuable.
• It just works! – that’s where you want to be
• But to get it to that point, be ready to invest a lot of your energy.
Once you hand it off, it has to work better than when you were doing it yourself
(c) UserTechBiz.com 2015
REPEATABLE
• If you can’t repeat your success, then you’re a fluke and flukes only get one chance
• Repeating something requires less brain cycles than coming up with novel things
• Your brain cycles are extremely valuable
• Repeatable processes are automatable – Automation is your friend because automated processes can be very reliable
(c) UserTechBiz.com 2015
EFFICIENT
• Once you have a process that is repeatable, don’t keep repeating it
• Your brain cycles are extremely valuable
• Simplify & Optimize
Find a widget/machine/computer/software that does it faster, more accurately, cheaper