You can PM me and I can send you an NDA I had a lawyer make.
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Free registration at the forum removes this block.You can PM me and I can send you an NDA I had a lawyer make.
If your idea is for your country I wouldnt worry about a guy in India copying it. You need to worry about developers from your country.
But, in my opinion, they are also the best to work with because you can meet them in person and work with them more closely.
I was writing some tips for you but I didn't hire developers, I partnered with them so its a little different. Good luck!
IM going to make this really simple with my opinion.. ideas are worth shit. Every thing is execution. Any thing can be sold, you just need to find a market for it.
Business is about building relationships, and trust acts as a key anchor to that relationship. Non-discosures can always be a good idea.
What you do, is create an employment contract if all parties wish to move forward, stating that all creations and work done would be owned by "X" company name. That way, if he leaves his work completed is company property and can't take it else where. With this in mind, also inform the person what he does not get in the deal. It's important to state both what each party can get but also what is not included.
Hopefully this helps
It does help, thank you for it!
on that note...I use developers in Pakistan and am based in the US. I have a sales employee in Pakistan who is able to drive to the developer's house and yell at them if need be. (we've needed to do this on more than a few occasions). I also have a developer in Portugal that is amazing to work with. I have no one else in Portugal, and have basically gotten lucky with this particular guy.
What I'm saying is: if you're not hiring local, make absolute sure that you check a bunch of references, and are completely convinced of their ability to perform before you hire them. Not only can you lose money, but you can lose months worth of time if you involve the wrong people on your project.
Can you post a generic/cleaned up copy here? Many could probably use a form NDA contract.
@WarriorV@Chris Kelsey your thoughts?
Welcome to the forum @WarriorVHello guys, I'm new to the Forum and very excited to enter the Fastlane.
I have an idea for a software that can be sold based on subscription.
I want to hire someone to develop it so I can launch it before the year is over, my biggest doubt is:
How do I make sure the developer won't steal the business idea for himself?
I'm learning programming, but still at the very basic. If I just learn everyday to develop it, I won't have time to work on the marketing, research, network, etc.
I've been thinking about starting my own business for a while now, a few weeks ago I finished reading The Millionaire Fastlane . This will be my first experience. Any advice is very welcome!
If this has been asked before, please redirect me to the thread. I searched for it but found nothing.
I'll add to this by saying I've done work for startups which were basically blatant ripoffs of existing startups. Whenever you come up with an idea that you think is unique, trust me it's not.I was worried mainly because of what limitless said; I think I'll have to work with someone from my country.
What you need to be worried about is someone beating you to market while you screw around with NDA crap that you don't have the money to enforce if someone broke it. It's your idea, your fire should drive it, that drive should be higher and hotter than anybody that you would outsource to and if they steal it just kick their a$$ in the market.
Welcome to the forum @WarriorV
You've had a lot of great advice already in this thread!
Here's what I picked up on: you're "very excited to enter the Fastlane", "have an idea", and "This will be my first experience".
Overthinking is the art of trying to solve problems you don't have yet. We're all guilty of it at some time or another, and it's one of the biggest ways we get in their own way.
Are you able to get some sort of sale or customer first, then worry about building something, then worry about how to get it built?
A red flag for me is when a potential clients tells me they "have an idea" (upgrade to facepalm if they "have an idea for an app" or any other "channel" rather than business).
A bigger red flag for me is if they want me to sign an NDA before we speak. Thankfully that doesn't happen much, but I'd politely refuse tbh. I'd see that as another red flag that they're too tied to their "idea", and likely won't be flexible enough to adapt to market feedback, or any feedback from me. (We're talking businesses in startup phase, not established enterprises with lots of data and IP - those I expect an NDA from.)
Finally, I've hired a dev guy and I haven't asked him to sign an NDA. I explain as best I can what my big vision is, and that does a few of things:
1) Helps him buy into the vision and stay longer. The ROI on continuity is high.
2) When he understands the WHAT and the WHY of what I'm trying to do, he can engage his specific skills and experience to come up with a better HOW than I ever could specify for him.
3) It shows him that there's a LOT more to this than just a bit of software. Counter-intuitively, by giving more information away, I help clients and my team understand that there is even more going on that they aren't aware of, and all the better to stick with me.
Abundance mindset vs scarcity mindset.
An "idea" is not NDA worthy.
I took Software Engineering class in college which had us create a piece of software from start to finish. The entire first half of the semester was basically creating the Design Document.
It helps if you can "tech speak" but basically you need to create an in depth document describing the look and function of your software.
I should be able to answer ANY question about the software by reading the document.
If I were interested in outsourcing, creating an epic design document would be STEP 1, before i even contact anyone.
Unlike an "idea" which are a dime a dozen, a well made Design Document HAS VALUE!, because it contains the results of countless hours of thought and difficult decisions, now that's worth an NDA and all the other protections i don't know about.
Shit... a great design document is like a movie script, if it's great you can pitch it to investors and get funding!
Here is a copy and paste of the Table of Contents of the design document my team made in college for a multi user text editing application:
Table of Contents
1 Introduction 4
1.1 Purpose 4
1.2 Scope 4
1.3 Definition, Acronyms, and Abbreviations 4
1.4 Overview 5
1.5 References 5
2 Overall Description 6
2.1 Use Case Diagram 6
2.2 Use Case Description 7
2.3 Assumptions and Dependencies 8
3 Specification Requirements 8
3.1 Collaboration Diagram 8
3.2 System State Diagram 18
3.3 ER Class Diagram 19
3.4 Supplementary Software Requirements 19
4 Detailed Pseudo Code 20
4.1 Classes 20
4.2 GUI 23
5 Supporting Information 24
5.1 User Interface Screenshots 24
1. GU fills out the registration application and clicks “submit”.
2. Submitted data is processed in the Application Processor.
3. The Application Processor sends data to the System User Database to create new OU.
4. The data is sent back to the Application Processor.
5. The data is sent to the Browse interface.
6. The GU is informed that the application will be processed by a SU.
Exceptional Case:
1. The GU fills out registration application and clicks “submit”.
2. Submitted data is processed in the Application Processor.
7. The data was incorrect and is returned to the Registration interface.
8. GU is informed about his incorrect information and is requested to fix it.
Now keep in mind, the stuff i posted is half assed work for a college class , we all just wanted to GTFO.
For a real idea that you believe in are willing and able to put some $$$ into, you better whip up a damn fine Design Document, cause it'll save you a ton of headaches down the line such as "misunderstandings" and $$$.
Yeah, speed to market is definitely going to impact your business overall way more than an NDA but if he is spending more than five minutes on getting the NDA signed something is up. A user has already copy and pasted one from a lawyer and strictly speaking outside of an employment contract it is the only legal way to do what he is saying (although people can and do break the law so it is not bulletproof).
Ultimately I agree with the notion, sitting around worrying about your idea being stolen in terms of digital businesses is the same as sitting around worrying about ways to prevent your lawn mower from getting stolen if you were planning to start a lawn maintenance company. It is just not the point of business and counterproductive to actually getting in the weeds.
One more thing:
Being very new at this, I am a little overwhelmed with the amount of information available on sales and marketing.
I want to start acting on it but also keep reading on the side to learn more practical strategies that can be put to work immediately.
Can you give me any advice on this? I assume copywriting is a huge deal, I've looked through a lot of threads on it.
Would the 15-day copywriting challenge be a good way to start? I saw stuff about the Gary Halbert letter, but that would take way too much time.
I also have an eye on @Andy Black 's links for AdWords.
Like i said, ideas are worth nothing. EXECUTION is every thingfor F*cks sake no one is stealing ideas
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