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Why Great Ideas Don’t Always Become Great Products

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Why Great Ideas Don’t Always Become Great Products

A great idea matters far less than how well you execute it. Here’s what building two companies, and scaling my app to a million downloads, taught me about execution.

Back in 1999, there was this company called Webvan. They had an idea for an online delivery service — something so routine for us now, but so revolutionary for that time. They raised over a billion dollars, went public and were bankrupt within two years. Why? Because a brilliant idea ≠ success.

Sam Walton, who founded Walmart, did not invent the discount store. His idea wasn’t genius or novel, and he openly admitted to copying most of his best approaches from competitors. But he and his team executed better than anyone else, turning a copied idea into the largest retailer on Earth.

“Ideas are easy. Execution is everything,” as John Doerr, the legendary VC behind Google and Amazon, once said. As a founder of a self-improvement app that reached over 1M app downloads in less than two years and helps over 400K users grow every month, I couldn’t agree more.

Despite RiseGuide being a completely unique product, we give all the credit to our ability to execute.

While there is no guaranteed recipe for success, I can surely share what worked and continues working for us.

Your execution can only be as good as the people behind it. A wrong hire is expensive — at least 30% of that person’s first-year pay , according to the US Department of Labor’s estimate, and on a small team, it lowers the standard for everyone and kills the culture.


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