How to get feedback on your business ideas while preventing it being stolen?

[kalika]

I'm rather new to being an enterpreneur and typically when I have ideas (a business, app or a project idea), it helps immensely to discuss with someone else.
The question and the problem that I'm struggling is how to choose with whom to share your ideas to get feedback, while also preventing it from being stolen. Because, at the moment, I don't have any potential co-founders, and if a collegue hears my idea, they are as capable as I am to implement that idea.

Moreover (this is a second question), over the months, I have met with several enterpreneours who made and sold several companies, and they all told that I can go to them if I need guidance. Given that they have way more experience and resources in doing a startup then I have, does it really make sense to share my ideas with them?

PS: this is my very first post in this forum, so please let me know if anything wrong with the post.

 

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[Andy Black]

I'm rather new to being an enterpreneur and typically when I have ideas (a business, app or a project idea), it helps immensely to discuss with someone else.
The question and the problem that I'm struggling is how to choose with whom to share your ideas to get feedback, while also preventing it from being stolen. Because, at the moment, I don't have any potential co-founders, and if a collegue hears my idea, they are as capable as I am to implement that idea.

Moreover (this is a second question), over the months, I have met with several enterpreneours who made and sold several companies, and they all told that I can go to them if I need guidance. Given that they have way more experience and resources in doing a startup then I have, does it really make sense to share my ideas with them?

PS: this is my very first post in this forum, so please let me know if anything wrong with the post.

Welcome and well done on your first post.


1) You use the word "idea" a few times. That word's a red flag for me.

The market won't pay us for ideas, only for adding value to them somehow. And your market is the people who'll spend money for the value you provide. It's all based on people (even when you think you're making money shuffling electrons around).

Get out there and talk to people, help people, and get feedback from people.


2) Oh, and this line might help you:

"Overthinking is the art of solving problems you don't have."

 

[ZCP]

If you do this on your own and never tell anyone anything, what is your % chance of success? Be honest

And if you tell a bunch of people and get them excited and make connections and partner, do you think your chance of success would go UP?

And if your idea is stolen and executed before you can get to it, would you never have another idea ever? What is the actual chance you have an idea that NO one else has ever thought of?

You are using this an an excuse to not do anything. GO DO STUFF!

I would LOVE for people to steal my ideas and turn them into $10M businesses!! That means I have good ideas and I just do the next one!!

 

[The-J]

People only steal ideas that are making money. Postpone your fear of copycats, because they'll only come out of the woodwork once you're actually getting somewhere.

You're better off putting your money where your mouth is, that is, going to lots of strangers and asking if they'd buy it. Asking your friends and family if it's a good idea is only worth doing if (1) you need money from them or (2) they're legitimately in your market. Put something together, show it to a few thousand people, and see how many you sell. If that number is zero, ask them why, make a change, and try again.

 

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[SEBASTlAN]

IDEA - Nobody is Stealing Your Idea

I see this common fear and subsequent thread popping up every so often, so I just have a few thoughts that may help with developing an abundance/carefree mindset: 1. Your idea isn’t unique There is nothing new under the sun. Your “one-of-a-kind” and “world changing” idea is anything but. Many...

www.thefastlaneforum.com

 

[Bence Ur]

preventing it from being stolen

This is guaranteed to happen, there are a lot of copycats and people steal business ideas all the time. So just relax, your idea will be stolen anyway

Think about branding instead. Branding makes the difference. So build your brand and your loyal following.