kai_63 started this topic @ 14:53 on 29/09/2009
I think I've got my big idea and have just started my business plan. I'm very new to all this so please bear with me if I sound naive!
I'm about to start speaking to Business Link advisors and possibly find a mentor but I was just wondering how you can make sure your ideas aren't going to be stolen and passed onto others by them. It seems a bit dramatic to ask them to sign things like non-disclosure agreements and I'm not sure they'd do the trick.
Apologies if this is a stupid question!
Thanks
RE: Making sure your ideas aren't stolen by others
justin11 | 07/10/2009 10:22 AM
Hi kai_63,
I have a software that I use to protect my ideas - I do coding so I am protecting my codes. I am not sure if it can be applied to your problem though since mine is limited to computers, yours requires verbal talking.
If you want to try putting your business idea in writing though and you want to protect it from possible copying you can try checking this site: http://www.webtoolmaster.com/wtm_e.htm
Good luck!
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RE: Making sure your ideas aren't stolen by others
melissa09 | 08/10/2009 08:22 AM
Hi kai_63,
I've got the same question! You're not alone and stupid, naive or whatever.... heheh... Anyways, I'll be following this thread since I also need help regarding this matter... But I think, protecting ideas is next to impossible since this is a very complicated matter... For the time being, I guess we'll just have to keep it to ourselves first or only share info to people we truly trust.
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Entertainment Blog
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RE: Making sure your ideas aren't stolen by others
llmohj3 | 22/10/2009 07:34 AM
I have been thinking about this too. But I have actually chosen not to worry about it. The reason is that, they are your ideas. No-one truly knows what you are thinking. Ideas need development no matter at what stage they are in the process. No two products will end up the same. What will truly set your business apart from the copy cats is YOU. Your goals. Your vision. I would have thought you would have invested a part of yourself in your ideas. I certainly have (mine that is). If you are motivated and focused enough to fight off competition from others in the early stages this will put you in a great position for when you business finally does take off and you have bigger more aggressive competitors to contend with. That's my personal opinion. So my advice would be to seek as much advice and support externally as possible and be prepared to look upon any potential imitators as an exciting challenge that will force your business to grow.
RE: Making sure your ideas aren't stolen by others
homer742 | 26/10/2009 02:56 AM
No.This isn't a stupid question at all. Of course, all of us want to protect our own ideas and in the world of business, it is very important to keep your ideas confidential as much as possible. It is a very painful thing to know that somebody stolen your work and the credit has been given to him. but i am not saying that you only do good to ask for something in return. No. I mean, it is nice to put up your ideas and if it booms, then you can share bits and pieces of your successful endeavor.
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RE: Making sure your ideas aren't stolen by others
tigeress289 | 17/03/2010 10:21 PM
Hi
I think llmohj3 has summed it up best and if you follow that route,you wont go wrong. An idea cannot be copyrighted but its your idea and always try to keep a bit back.
Good Luck
tigeress
RE: Making sure your ideas aren't stolen by others
ally1988 | 18/03/2010 02:03 AM
Hi kai,
Protecting your idea is always difficult and can sometimes hinder you when trying to instil your vision in others as you often find yourself holding back information. Particularly if talking to potential investors or web designers then I would recommend getting them to sign a Confidentiality Agreement as this basically is an agreement that anything discussed is to be kept between the two parties and cannot be discussed or used to benefit others.
This would also give you some protection against people stealing your idea to an extent, although as pointed out above, you can always tweak a business idea and make it radically different and often better.
But just thought it worth mentioning.
Good Luck
Allly
RE: Making sure your ideas aren't stolen by others
Alvin McCoy | 18/03/2010 06:59 AM
The best thing to do is to get your business registered when developing a new product/service idea. Of course, the idea is bound to be duplicated at some point in time, but doing so will make you the inventor of the particular niche.
Best wishes, and good luck,
Alvin
Business Logo Design
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RE: Making sure your ideas aren't stolen by others
britishcoder | 18/03/2010 01:26 PM
The best thing you can do is to not post them on this forum.
The stated aim of this particular forum is to bounce your ideas off someone else.
Bad, bad idea.
Obviously if your idea is 'just another' thing that already exists in the marketplace(restaurant, standard food service, shop etc) then there's no problem, but anyone with anything even approaching unique in-mind would be crazy to share it here.
Beyond that, just be secretive. I would imagine that Business Link deals with all sorts of ideas every day, from the crazy and idiotic to the visionary. It's not their remit to steal good ideas, but to foster the entrepreneurship in people who come in.
Don't share it with random people(I think I've shared mine with a few family members and a few close friends only) and you should be fine.
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Khalid.
I'm blunt when critiquing websites and ideas on this forum. The public won't sugar-coat their opinion about your offering, so there's no point in me doing so.
RE: Making sure your ideas aren't stolen by others
d30web | 18/03/2010 10:23 PM
A non disclosure agreement is not a bad idea . Its important to protect your idea but not so much that you spend too much of your time protecting it as oposed to implementing it.
A good idea is only half the story how well its implemented is what counts
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RE: Making sure your ideas aren't stolen by others
MLL | 12/04/2010 01:22 PM
Hi
I have had a similar problem, the simple answer is this. If you write something ie a poem, business plan and its original its already copyrite to you. Thats why you cannot use other peoples work as your own. The simple way to make sure no one copies your idea is by sending it to yourself signed and dated. All parties to sign a contract, or simply dont tell anyone.
You cannot legally copyright something, but if you can prove that you was the first one to write it then great.
Anymore questions please email me, If your wondering why I know this, my wife is a patent attorney.
Michael
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michael@mllsolutions.co.uk
RE: Making sure your ideas aren't stolen by others
britishcoder | 12/04/2010 02:13 PM
Oh, just a thought.
Business Link advisors probably won't agree to sign a non-disclosure agreement.
Why? Because they hear so many ideas every day that chances are they'll hear yours. They won't risk getting sued just to help you.
Venture capitalists, angel investors etc are the same. They get pitched on so many ideas that chances are they've heard yours. They won't risk getting sued just to hear your pitch. They have plenty of offers without being asked to bend over backwards for yours.
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Khalid.
I'm blunt when critiquing websites and ideas on this forum. The public won't sugar-coat their opinion about your offering, so there's no point in me doing so.
RE: Making sure your ideas aren't stolen by others
elizazile | 13/04/2010 11:57 PM
Just put protecting ideas in the search box on the top of the page. There will be a lot of articles that come up.
An interesting one:
http://www.startups.co.uk/6678842910882179150/protecting-ideas-when-approaching-manufacturer.html
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