How much does a Great Idea matter ?
How important is a great idea when you are doing something new, whether it's a startup or something else significant?
Most people think the "great idea" is essential, and if you have a truly great idea, life will be easy: it'll be easy to get people to join you, get momentum, get funding if you need it and more.
I will argue that a great idea, although "great," is not as important as people think. We will ignore right now that an idea, regardless of how good, is useless unless someone takes action.
Even with a smashingly great idea, and enormous success, that idea will have changed during implementation, it will have morphed.
It did for Android (they were originally making a camera operating system well before Google bought them), Nintendo (paper playing cards), Nokia (started as a paper mill), YouTube (a dating site), and many more.
My opinion: Don't worry about a great idea; go for the Big Execution!
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Is Consulting More Risky than having a “Job” ?
Is consulting risky – specifically is it more risky than having a full time job?
The conventional wisdom says “yes” – and is absolutely wrong! Maybe it was “once upon a time but it isn’t now.”
If you have a job and lose it, you are unemployed – it’s binary: “job” or “no job.” And unfortunately people lose their jobs, especially during difficult times.
Consultants typically have multiple clients. If you lose a client, you still have others. Typical consultants have 3-6 clients per year. If one client doesn’t have any work for you, perhaps they “fire” you, go out of business, or are having a difficult time, you still have work from other clients.
