Ideas are meant to be set free
Sometimes people want to have signed non-disclosure agreements(NDAs) before talking about their ideas. Those NDAs are easier than ever thanks to services like Contractually so that's not the same issue it once was. This philosophy of coveting ideas has always stuck with me when it comes to coveting ideas...
This rings true with one of my personal philosophies about writing, publishing and blogging: If you don't share your knowledge no one will know that you have it. Another personal philosophy I've developed that I share with anyone willing to listen is that ideas are worth 1% and execution is worth 99%. This makes some people a bit sad but it rings true for everyone.
Execution isn't everything
The missing ingredient in my formula was something akin to timing but not quite. Something akin to market fit but not quite. I found my answer after reading another post on LinkedIn from David Allison about the idea that everything at work and in our personal lives should go through three stages: Vision. Alignment. Execution. Alignment is the missing ingredient. Whether we are deciding where to go on our family vacation, where to go for lunch or which software solutions to purchase as a company to execute successfully on our vision or idea we much find alignment before we execute.
Ideas are virtually worthless
I am hopeful that you now have a much better idea of what goes into that red box. Thanks for reading!
I'd love to hear your thoughts, scathing reviews, corrections, ideas and questions.
Additional Reading: Ben Parr's astute assessment of the question: "I am creating the next Facebook and need funding. What steps should I take next?"