Entrepreneurs, forget about NDAs!
Non Disclosure Agreements (NDAs) are useless.
At least that´s my opinion. I won´t be the first person advocating for their inefficiency and removal from entrepreneurial business practices (I´m not talking here about medical, law, industrial or any other “established” environment).
If you have an idea, say it! share it with your friends, family members, & the people you meet everyday. Why?
I can think of at least 3 reasons:
- Firstly, they´ll start challenging you and help you improve the initial idea.
- Second, because they´ll feel honored that your trust them and might well help you later on if they can.
- Third, imagine you talk to someone about your idea and realize that (s)he´s decided to start executing right away without telling you: if your idea has entry-barriers low enough to enable anybody to implement in a wink, I guess you should builp up your project, work harder to fit your market needs so that it becomes unmatchable by the competition in the short-run.
That´s why I´ll start posting a few ideas – all IT addicted- from time to time on this very blog, starting as of tomorrow. I believe we´ll be able to improve such ideas a good deal. And, who knows, some of you might well feel like starting-up something related to such brainstormings.
PS: it goes without saying that if someone comes to you with an idea, asking you for your opinion and input but for the strictest confidentiality as well, the most basic ethical discipline will make you even forget that you met with this would-be entrepreneur. However, before you shut your mouth forever to respect her/his will, take one or two minutes to try to convince her/he to display entrepreneurial ideas. There would be just nothing to regret since every word, comment, move, external input can only help.

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