Good ideas need good strategy to realize their potential.
Interpretation
Even the best ideas require careful planning to succeed.
This quote emphasizes the importance of strategic planning in the realization of good ideas. It suggests that while having a great idea is valuable, it is not enough on its own; effective execution through a well-thought-out strategy is essential to fully harness the idea's potential and achieve success.
In practice
During a business presentation to convey the importance of planning in entrepreneurship.
Leaders, whether in the public or the private sphere, must understand the responsibilities that come with their role. They are the most visible standard-bearers of their organizations. Holding them accountable to this responsibility protects the promise of our organizations and our communities.
The same instincts that make us good students can make us lousy entrepreneurs.
The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
Any effort to make the death penalty speedier and less costly - more 'efficient' - will inevitably make it less just.
I've long believed that if you're not embarrassed by your first product release, you've released too late.
What is an entrepreneur? Someone who jumps off a cliff and builds a plane on the way down.
I've become absolutely convinced that the seminal difference between successful companies and mediocre or unsuccessful ones has little, if anything, to do with what they know or how smart they are; it has everything to do with how healthy they are.
I'd like to think I could have and should have won more, but that's not the point. And I was at the point where I was playing great tennis in the mid 80s - the type of tennis people hadn't seen before - and I was very proud of that.
I didn't think I would have an Olympic medal at 21, but I knew I would give my best and play my game. I just viewed it as my first Olympics and that I would take it one match at a time, but to bring a silver home made me very, very happy.
We were the first generation to have to deal with the modern stardom of football. Some handled it better than others.
To create an extraordinary quality of life, you must create a vision that's not only obtainable, but that is sustainable.
It occurs to me that, after the huge output of writing I've produced over the years, there is a close link between my twin careers as investment executive and financial writer: The power of the word and the power of the book have played a major role in turning my vision... into reality.
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