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The most successful businesses have an idea for the future that's very different from the present - and that's not fully valued.

An idea that is developed and put into action is more important than an idea that exists only as an idea.

Fact is, inventing an innovative business model is often mostly a matter of serendipity.

The same products, services or technologies can fail or succeed depending on the business model you choose. Exploring the possibilities is critical to finding a successful business model. Settling on first ideas risks the possibility of missing potential that can only be discovered by prototyping and testing different alternatives.

You need more than just a great idea. Your product or service must add an enormous amount of value to some industry. If the idea isn't completely new, it has to be better, cheaper, or more efficient than what we already have.

A good basic selling idea, involvement and relevancy, of course, are as important as ever, but in the advertising din of today, unless you make yourself noticed and believed, you ain't got nothin'.

There are a lot of people building small ideas now. There's an idealization of being an entrepreneur, but the most important thing is to have a really great idea.

Ideas are cheap. Ideas are easy. Ideas are common. Everybody has ideas. Ideas are highly, highly overvalued. Execution is all that matters.

Businesses are not just local or even national anymore - good ideas are immediately global. So the market opportunities are much larger than we've ever imagined or seen.

The biggest barrier to starting a company isn't ideas, funding or experience. It's excuses.