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Student Entreprenuer: idea versus execution

Simon Barker
1/17/2011 02:33 PM EST

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chanj0
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re: Student Entreprenuer: idea versus execution
chanj0   1/17/2011 7:40:09 PM
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Absolutely. A good idea is important; yet, a good execution can't be ignored. I believe a good idea can be killed by a bad execution; a fair idea can be successful with excellent execution. The idea doesn't have to be new; yet, it can't be totally old. At least, there are 2 aspects of idea - technology and business model. A trade among 3 factors - technology, business model and execution - will bring your company to a new level. Good Luck to your company and your journey.

SimonAtEHSense
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re: Student Entreprenuer: idea versus execution
SimonAtEHSense   1/17/2011 11:00:39 PM
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Hi Chanj, Very true that it can't be a totally old idea - I think only the fashion industry can get away with that one and even then they call it "retro" to get round the fact it's old! Thanks for the best wishes Cheers Simon

old account Frank Eory
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re: Student Entreprenuer: idea versus execution
old account Frank Eory   1/17/2011 8:10:39 PM
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Success in the marketplace requires both a good idea and flawless execution. I have in the past used this relay race analogy: A great engineering team runs so well together, they are unbeatable at running laps around the track and smoothly passing the baton from one runner to the next. A great management team makes sure they are running on the right track. You can't win if you show up at the wrong venue, no matter how fast you are. Good luck Simon with your thesis and with Slotzz. I wish you continued success in your future pursuits.

SimonAtEHSense
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re: Student Entreprenuer: idea versus execution
SimonAtEHSense   1/17/2011 11:06:23 PM
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Hi Frank, That's an excellent analogy - I've never heard it put quite like that before. Thanks for for the best wishes I'm slowly chipping away at the thesis - fortunately I've got a few publications so that helps Cheers Simon

Sheetal.Pandey
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re: Student Entreprenuer: idea versus execution
Sheetal.Pandey   1/18/2011 4:33:40 AM
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exactly, an idea can change the world. sometimes back i was told that if someone who fills petrol dreams and excutes correctly he can very well own petrochemicals factories and that's a reality. good luck with your doctorate work...

yalanand
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re: Student Entreprenuer: idea versus execution
yalanand   1/18/2011 6:02:50 AM
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Simon, Nice article. I agree with what is being told Idea, execution both are important. But we are forgetting one important aspect here - "Marketing" Your job starts when you complete making that product. what you want is people to buy the product which you build. I guess marketing is the most toughest part because you have to convince others to use your product. Just my thoughts.

Luis Sanchez
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re: Student Entreprenuer: idea versus execution
Luis Sanchez   1/21/2011 9:59:34 PM
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Enjoyable article. It's a shame is the last. I hope I see Slotzz' cases in the store shelves soon. And agree, the idea isn't all. There must be execution and follow through. Is like throwing a basketball to the hoop. If there's not enough follow through the ball won't have the correct direction and spin (remembering the college years :-) ).

SimonAtEHSense
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re: Student Entreprenuer: idea versus execution
SimonAtEHSense   1/22/2011 4:34:44 PM
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Hi Luis, Thanks for you comments over the past 10 months or so - all good things come to an end though. Retail sector is our next target so one day you may see Slotzz in store My college sports analogy would revolve around rugby and having a decent scrum half I guess :-) wow, three sports references in on one post! Cheers Simon

junko.yoshida
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re: Student Entreprenuer: idea versus execution
junko.yoshida   1/22/2011 6:19:07 PM
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Simon, your blog will be sorely missed. Reading what you've been going through (in real time) and finding responses from EE Times readers to your blog on this forum have been a real pleasure. The best of luck with your venture and thesis; and don't be a stranger, come back and share your experience from time to time!

SimonAtEHSense
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re: Student Entreprenuer: idea versus execution
SimonAtEHSense   1/25/2011 9:19:10 AM
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Hi Junko, Thank you for your kind words - I'm glad you've enjoyed reading my thoughts and experiences - it's been a pleasure to share them. Cheers Simon

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