Last week when Ev bought back his company from the investors, it sparked a lot of discussion about serial entrepreneurs vs parallel entrepreneurs. Granted there was a lot of discussion about whether or not the VC model is dead, but thats not what I wanted to focus on.
Entrepreneurs are an interesting bunch of people, often filled with tons of ideas, because at the heart of it all, we are just idea people. Idea people willing to take the risk to get those ideas to fruition and execute on them. Everyone who is an entrepreneur is an idea person (even franchisees, because their idea was to bring that chain to a certain place). Entrepreneurs who are worth their salt know one simple rule though: ideas are cheap, execution is what really matters. I just like every other entrepreneur out there probably has a thousand ideas a year that get written on scrap paper or entirely forgotten, but its that one idea that gets executed which counts. Or in the case of myself or Ev, its those 2 or 3 or 10 ideas that you throw out there and hope they catch on.
So all of you entrepreneurs or idea people out there, remember that building a new idea is getting cheaper, and the risks are getting lower. Even non web projects are getting cheaper to build.
