After the idea, it’s all about execution. I often hear from investors that a great idea is necessary, but not sufficient. The most important thing is a proven team, meaning one who has built a startup before, and has experience with the execution process in this domain.
I’ve talked before about the best personality traits for a good entrepreneur, but I’ve never talked about the importance of process. Yes, even entrepreneurs need to follow a disciplined execution process if they want to maximize their probability for success.
Even though John Spence in Awesomely Simple, was talking about larger organizations, I think his concepts adapt equally well to a startup.
To read the full, original article click on this link: Startup Professionals Musings: Investors Like Ideas, But Measure You On Execution
