author here– agree with many of your points, except two:
1) I think great ideas are surprisingly rare, and are very difficult to recognize. It's especially hard because of how important execution is for 'uncovering' a great idea. Great idea, badly executed = looks like a bad idea
2) I think "burning passion" oversimplifies things. Many great businesses are built without 'passion' for the solution...just a passion for some part of the business...and sometimes that's just recognition of a great financial opportunity.
2) I think "burning passion" oversimplifies things. Many great businesses are built without 'passion' for the solution...just a passion for some part of the business...and sometimes that's just recognition of a great financial opportunity.