Having a business idea means nothing. It's Execution that's matter.

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Thank you. There are many good ideas out there but the idea doesn’t earn money. 95% of people fail before they start because they have no idea how to do it

The idea is worth about 5% not nothing

I think the problem is.Most people don't have the skills required or the character required to follow through and make something a success. That's the bottleneck at all levels. Ideas are easy. Hell, last night we had a family meeting. And we discussed plenty of multimillion dollar ideas. They're everywhere. We own thousands and thousands of acres with mineral rights and surface rights here in texas. We have 27 active producing wells for gas and oil. I was going through some of the geology reports and realizing that we are sitting on lots of lithium. We also have lots of untouched uranium in other tracts that we own. There's an absolute fuck ton of money there. Developing those plays, though, for those resources? It's not something we're gonna push on because what it would take would not be worth it at this time. The good news is that our grandchildren will benefit from those holdings. Some of our other land holdings are being bought for $55k and acre. I imagine there are about to put in a solar farm or a data center or both. We've got teams going through all the county records and everything right now it's a narrow down exactly what's coming. Based on that information, we will develop things that will touch those industries. RV parks in the areas around them will boom as workers come in. Hold the rv parks for a year or two, then sell them at a fair price so the buyers can make money on them for another year or so. There will be supply contracts needed. I specialize in that field and have a large existing business that can jump right in. Opportunities are everywhere. It's having a skill set, knowledge, experience, and character to take advantage of them over the long term that will make the difference.

You dont say.

The reason those businesses fail is they have sucky ideas. Ideas are kind of like music. There are millions floating around, 99.9999% are garbage, only a very limited number are hit ideas that will make it in the future. The main problem is that mediocre entrepreneurs can’t distinguish the amazing ideas from the garbage, hence all the failure. It would be a lot better just to spend some money and time on the idea in the beginning. Like Einstein says “to solve a problem spend 95% of the time asking the right question and the last 5% time solving it.’ Execution is actually the cheap commodity, if I throw a stone in a corporate office it will hit 5 people who claim to execute. They can all sell ice to the Eskimo, walk around in shinny suits and talk buzz words, but for some reason they are all useless. The problem is people who only executes are actually common and mediocre and cannot distinguish the brilliant idea from the shit, hence there is this common misconception that ideas are nothing.

Yeah no shit Einstein