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Out of context: Reply #72155
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- mg331
Advice needed:
If you had a product / business idea that felt really viable, but didn't have the ability to bring it to life on your own, how cautious would you be in sharing the idea with someone who might be able to help or offer guidance?
I've got something that's been kicking around for a while, reached out to some friends to see if anyone knew someone in that space, and got connected with someone that can help in a discussion.
Anything specific I can do aside from sending people an NDA to protect my idea? I'm not going to share it here; just trust me it's better than shoe boxes...
- Depends upon how 'moated' it is and how much I trust the people I'd share it with. I'd NOT rely on an NDA.Nairn
- so whats the idea?
;)GuyFawkes - Post it in the million-dollar ideas thread.nb
- It's nothing without execution, so you might as well drop the NDAsgrafician
- Having been on the other side of that, if you don't give enough info, nobody will take you seriously.monNom
- Figure out the thing(s) that make it difficult to copy and veil those behind "proprierary" process, technology, recipes, etc.monNom
- But you've got to be able to discuss the general business idea with people if you hope to make it work.monNom
- And if you don't have anything proprietary, you're in for a lot of competition anyway.monNom
- From my experience being around investor types. They won't sign an NDA just to take a meeting.monNom
- Facebook will copy your idea regardless anywaygrafician