Great ideas are a dime a dozen. That’s roughly 0.83 cents an idea.

I have plenty of ideas.

For example, I currently have—written out and accessibly filed—the following idea sets:

  • Blog Topics: 153 ideas
  • Big Ideas: 45 ideas
  • Product ideas: 4 ideas
  • Affiliate ideas: 19 ideas
  • Book ideas: 193 ideas
  • Transformational Healthcare ideas: 127

That’s 541 ideas, which in total, assuming they are all great ideas at the cost of a dime a dozen, adds up to about $4.51.

So, what’s the point I am trying to make (other than I have got an excellent idea-capture system)?

It’s that the real value isn’t in having good or great ideas, even a high volume of them.

The real value is in selecting a single idea and making it real.

That’s where the money is.

(As an aside, the term a dime a dozen came about after the creation of the dime in the late 1700s, and initially meant great value: “hey, you can get a dozen eggs for only a dime!”)