James Altucher
π€ SpeakerAppearances Over Time
Podcast Appearances
Very important question because people often say ideas are a dime a dozen execution is everything. And this is just totally not true because in order execution, execution doesn't mean one thing. You have to have execution ideas on how to execute. There are good execution ideas and bad execution ideas. So let's say you and I came up with a business idea and we said, oh, this is so good.
Very important question because people often say ideas are a dime a dozen execution is everything. And this is just totally not true because in order execution, execution doesn't mean one thing. You have to have execution ideas on how to execute. There are good execution ideas and bad execution ideas. So let's say you and I came up with a business idea and we said, oh, this is so good.
Very important question because people often say ideas are a dime a dozen execution is everything. And this is just totally not true because in order execution, execution doesn't mean one thing. You have to have execution ideas on how to execute. There are good execution ideas and bad execution ideas. So let's say you and I came up with a business idea and we said, oh, this is so good.
Very important question because people often say ideas are a dime a dozen execution is everything. And this is just totally not true because in order execution, execution doesn't mean one thing. You have to have execution ideas on how to execute. There are good execution ideas and bad execution ideas. So let's say you and I came up with a business idea and we said, oh, this is so good.
So we shouldn't waste a year of our lives and $2 million of people's money and trying to raise the money to do this idea. It's a bad idea. Often when you try to break things down and do things manually as quick as, maybe it might not be the exact product, but you could usually test, do people even want this? Do people even remotely want this?
So we shouldn't waste a year of our lives and $2 million of people's money and trying to raise the money to do this idea. It's a bad idea. Often when you try to break things down and do things manually as quick as, maybe it might not be the exact product, but you could usually test, do people even want this? Do people even remotely want this?
So we shouldn't waste a year of our lives and $2 million of people's money and trying to raise the money to do this idea. It's a bad idea. Often when you try to break things down and do things manually as quick as, maybe it might not be the exact product, but you could usually test, do people even want this? Do people even remotely want this?
So we shouldn't waste a year of our lives and $2 million of people's money and trying to raise the money to do this idea. It's a bad idea. Often when you try to break things down and do things manually as quick as, maybe it might not be the exact product, but you could usually test, do people even want this? Do people even remotely want this?
So we shouldn't waste a year of our lives and $2 million of people's money and trying to raise the money to do this idea. It's a bad idea. Often when you try to break things down and do things manually as quick as, maybe it might not be the exact product, but you could usually test, do people even want this? Do people even remotely want this?
We're going to make, you know, an AI that figures out what everybody should order in a restaurant. I don't know, whatever it is. We're going to raise $2 million. We're going to hire a bunch of programmers. We're going to program this up over the next year. And then we're going to start selling it to restaurants, our new software package to restaurants. Well, that's a horrible execution idea.
We're going to make, you know, an AI that figures out what everybody should order in a restaurant. I don't know, whatever it is. We're going to raise $2 million. We're going to hire a bunch of programmers. We're going to program this up over the next year. And then we're going to start selling it to restaurants, our new software package to restaurants. Well, that's a horrible execution idea.
We're going to make, you know, an AI that figures out what everybody should order in a restaurant. I don't know, whatever it is. We're going to raise $2 million. We're going to hire a bunch of programmers. We're going to program this up over the next year. And then we're going to start selling it to restaurants, our new software package to restaurants. Well, that's a horrible execution idea.
We're going to make, you know, an AI that figures out what everybody should order in a restaurant. I don't know, whatever it is. We're going to raise $2 million. We're going to hire a bunch of programmers. We're going to program this up over the next year. And then we're going to start selling it to restaurants, our new software package to restaurants. Well, that's a horrible execution idea.
We're going to make, you know, an AI that figures out what everybody should order in a restaurant. I don't know, whatever it is. We're going to raise $2 million. We're going to hire a bunch of programmers. We're going to program this up over the next year. And then we're going to start selling it to restaurants, our new software package to restaurants. Well, that's a horrible execution idea.
You know, people already, the hard thing about business is people already know They've already filled up their 24 hours a day. You and I and everybody listening, we already have things to do all 24 hours of the day. When you start a new business, that means you're saying some people are going to do something new in part of those 24 hours.
You know, people already, the hard thing about business is people already know They've already filled up their 24 hours a day. You and I and everybody listening, we already have things to do all 24 hours of the day. When you start a new business, that means you're saying some people are going to do something new in part of those 24 hours.
You know, people already, the hard thing about business is people already know They've already filled up their 24 hours a day. You and I and everybody listening, we already have things to do all 24 hours of the day. When you start a new business, that means you're saying some people are going to do something new in part of those 24 hours.
You know, people already, the hard thing about business is people already know They've already filled up their 24 hours a day. You and I and everybody listening, we already have things to do all 24 hours of the day. When you start a new business, that means you're saying some people are going to do something new in part of those 24 hours.
You know, people already, the hard thing about business is people already know They've already filled up their 24 hours a day. You and I and everybody listening, we already have things to do all 24 hours of the day. When you start a new business, that means you're saying some people are going to do something new in part of those 24 hours.
How about instead, a friend of yours has a restaurant. We go to that friend and say, listen, can we go from table to table this night and see if we can help everybody with their orders? And we'll see, oh, everybody already had their preferences even before they got to the restaurant, they knew what they wanted to order. So this is a bad idea.