Chief Alchemist - Business Consulting For The 21st Century Via A Holistic & Intelligent Approach
Share ChiefAlchemist.com. RSS 2.0 feed for ChiefAlchemist.com. Sign up for the mailing list. Follow Chief Alchemist on Twitter. 'Like' the Chief Alchemist's page on Facebook. See what Chief Alchemist has been Q&A'ing on Quora. Chief Alchemist bookmarks & highlights on Diigo.com. Follow the Chief Alchemist on Digg.com. Chief Alchemist channel on Last.fm. Chief Alchemist on Flickr. Mark 'Chief Alchemist' Simchock on LinkedIn. Free Initial Consultation. Email Chief Alchemist. Phone Chief Alchemist.
  • Mark ‘Chief Alchemist’ Simchock
  • 'Email me.Email => ca .at. ChiefAlchemist .dot. com
  • 'Phone me.Alchemy United => 732 997-0028
  •  
  • Free initial consultation.Free => Initial Consultation
  • Please be sure to subscribe to your communication channels of choice.
  • Click To Close => The small green (consultation), red (email) or blue (phone) icons in the top upper right.
CURRENT “TOP 10” TOPICS TOOLS CLIENTS & PROJECTS SOURCES SEARCH HIDE
Business Consulting For The 21st Century Via A Holistic & Intelligent Approach

Good people poorly managed is as fatal as a good idea poorly executed

Answered => “Since successful startups are all about execution, why do most founders try to come up with a unique idea?” on Quora.

https://www.quora.com/Since-successful-startups-are-all-about-execution-why-do-most-founders-try-to-come-up-with-a-unique-idea

=> My answer…

Yes, I think Joshua Gutman makes a damn good point. (His comment is under Michael Wolfe’s answer).

And to that I’d like to add: Leadership / Management.

Yeah, I know the list can go on and on but in total these are the Big 4 (in no particular order):

  1. Idea
  2. Execution
  3. People / Team
  4. Leadership / Management

Good people poorly led / managed is as fatal as a good idea poorly executed. On the other hand, a solid team, well managed can have great execution such that a good idea can be very very successful.

One additional tidbit, if you don’t mind. Embracing the power of this list is also important because most people have a tendency to look at a failed company and blame the idea. They then write off that idea as not worth exploring because Such & Such Inc failed with it.

Actually, S&S Inc might have failed because of 2, 3 and 4. The idea might be tip-top. It’s the other legs that couldn’t hold the weight. Interesting, yes? :)

Required.
Will not be published. Required.
Please include http://