I just want to share with you something I’ve learned in the past few years, and that is without great implementation any brilliant idea is doomed to fail.
While the idea is very important, it is almost worthless without execution. A complete misunderstanding of this idea is presented to people like me quite often by marketing-minded people that keep saying: “I have this great idea, now I just need someone to make it happen”. They consider the hard part over, which for them is coming up with the idea.
Many smart people think this way, see a good idea as a “cash cow”, so they start their own company, start hiring people, start printing business cards with light bulbs on them and expect to make millions from coming up with great ideas, simply by thinking that less creative people would pay them for it. Nothing can be more wrong! The true sign of genius is not in coming up with an idea but rather in implementing it. Even the silliest idea that comes to fruition is still more valuable that something that exists only as a doodle on a piece of paper.
Implementing an idea is much (MUCH!) harder that coming up with it. It takes a lot of planning and hard work to execute one, no wonder why Edison said that genius is 1% inspiration and 99% perspiration. By being able to complete an idea, from concept to execution makes some people have a definite competitive advantage over many others.
Here’s a little example:
With this in mind we see that great ideas are crucial, but only when combined with great execution. Keep that in mind when you work on your next app, novel, script, invention. And good luck!
Here’s a short list Green ones are tested by yours truly.
- Get paid to write articles for AssociatedContent.com
- Get paid for writing how-to articles on eHow.com
- Get paid to post abstracts on Shvoong.com
- Get paid to translate at OneHourTranslation.com
- Get paid to transcribe audio files on oDesk.com
- Get paid to guide others at About.com
- Get paid to blog at Smorty.com
- Get paid to tweet at Sponsoredtweets.com
- Get paid for reviewing software at SoftwareJudge.com
- Get paid for reviewing websites on UserTesting.com
- Get paid for writing product reviews on Epinions.com
- Sell short reports at PayDotCom.com
- Sell your own paid newsletter using Tinyletter.com
- Sell your articles on Constant-Content.com
- Sell your own e-book on Tradebit.com
- Sell your own hardcover book by self-publishing it at Lulu.com
- Sell documents online at Gazhoo.com
- Sell essays at MyEssays.com
- Sell unique blog posts on Ghostbloggers.net
- Sell your story to top magazines and newspapers at Webuystories.com
- Sell your content on Scribd.com
Like Doing Gigs?
- Get paid to do freelance work at Getafreelancer.com
- Get paid for doing gigs posted on Craigslist.com
- Get paid to do all sorts of stuff on Domystuff.com
- Get paid for taking pictures with your iPhone at Gigwalk.com
- Get paid to do gigs at Fiverr.com
- Get paid to work from home at Clicknwork.com
- Get paid for voice over work at Voices.com
- Get paid to do data entry work on oDesk.com
Like Designing Stuff?
- Get paid to design on 99Designs.com
- Get paid to design T-Shirts at Threadless.com
- Get paid to design products at Ponoko.com
- Sell graphics on GraphicLeftovers.com
- Sell flash files at FlashDen.com
- Sell web design templates at ThemeForest.net
- Sell your product designs on Zazzle.com
- Sell your created font at FontOff.com
- Sell WordPress Themes at WPThemeMarket.com
- Sell your animation on Aniboom.com
- Sell your logo designs on Inkd.com
- Sell a turn-key website on Flippa.com
- Sell professional, flashy websites created using Wix.com
- Sell WordPress plugins at WPPlugins.com
- Sell software source code at Binpress.com
- Sell your pre-made Android apps at Buysellapp.com
- Sell scripts on Buystockscript.com
Like Helping Others?
- Get paid by renting your place to travelers at Airbnb.com
- Get paid to share a tip on Daytipper.com
- Get paid to share coupons and discount codes on Buxr.com
- Get paid to teach your own online course at Wiziq.com
- Get paid to share how-to videos at Metacafe.com
- Get paid to socialize on myLot.com
- Get paid as a virtual assistant on 247virtualassistant.com
- Get paid to tutor on Tutor.com
- Get paid to offer your expertise at LivePerson.com
- Get paid for answering all types of questions at ChaCha.com
- Get paid for your advice on Ether.com
- Get paid to help with homework on StudentofFortune.com
- Get paid for sharing your knowledge on Buksia.com
- Get paid to answer expert questions at JustAnswer.com
- Sell e-learning courses at OpenSesame.com
Like Having Fun?
- Get paid to play online games at Gamesville.com
- Get paid to upload files to Depositfiles.com
- Get paid for podcasting at Mevio.com
- Get paid to host live Internet radio shows at BlogTalkRadio.com
- Get paid to play a game against another player on Moola.com
- Sell virtual stuff from your store on SecondLife.com
Like Getting Your Creative Juices Flowing?
- Sell your photos on BigStockPhoto.com
- Sell your music at Vibedeck.com
- Sell your videos to Fotolia.com
- Sell your audio at BuyStockSound.com
- Sell your ideas at Ideabuyer.com
- Sell handmade stuff on Etsy.com
- Sell your art on Imagekind.com
- Get paid for coming up with unique domain names on Pickydomains.com
- Get paid for coming up with market-ready names on NamingForce.com
Like Promoting for Profit?
- Get paid to promote $100% instant commission products on Digiresults.com
- Get paid to promote webinars at Webinarswaps.com
- Get paid to promote web hosting from HostGator.com
- Get paid to promote $7 products on 7dollaroffers.com
- Get paid to promote physical products on Amazon.com
- Get paid to promote CPA offers at Affiliate.com
- Get paid to promote information products at Clickbank.com
- Sell leads to other businesses at Reply.com
- Sell magazine Subscriptions at AcclaimSubscriptions.com
Like Selling Random Stuff?
- Sell unused stuff on eBay.com
- Sell unused stuff on Craigslist.com
- Sell your old and new gadgets on BuyMyTronics.com
- Sell products in your own online shop at Shoply.com
If some of you are still wondering about cost-per-thousand (CPM) and cost-per-click (CPC) in online advertising, here’s a small chart I made (not using Excel!) demonstrating the difference.
CPM refers to the amount you pay for your ad to be shown on a certain part of the web. People see it but you are not offered the guarantee they will click on it. After the certain number of impressions is run out, your ad is offline, leaving you with a small percent of click throughs. (CTR)
CPC means you only pay for an ad when a person click on it. This means that the 99% of the waste is eliminated from your budget leaving you with considerable savings for future campaigns. This is what happens when you cut out the inefficiency from an advertising platform. Kudos to Google for changing the rules of the game, making online advertising more efficient.