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I was with you until

> But you'll be assuming that you're going to have a better idea in the future than the one your currently have.

"Ideas are cheap, execution is everything."

Not sure what you mean here? Your comment seems to support the OP’s premise.

The "but..." phrasing of OP's premise makes it sound like a gamble. My point was that starting a successful business isn't about hoping some fairy grants you a perfect product & business plan. Coming up with an idea is the easy part. Executing on your idea is the hard part, and that's entirely within your own control.

I completely disagree. Ideas are extremely important. A mediocre idea with perfect execution won't get you very far. If Bezos had tried to build online store builders ala Viaweb - instead of THE online store - he would have a net worth at best of 1/10000 of where he's at now. Good ideas are exponentially better than mediocre ideas.

Founders of billion dollar businesses are extreme outliers with uncommon vision & a healthy dose of luck.

Besides, Yahoo bought Viaweb for about $50MM, and Shopify is a billion dollar company of its own. If $10MM or $50MM isn't successful, then I'll be happy to fail.

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