Comments on: Stealth Mode? http://likechapaa.com/2009/12/stealth-mode/ Helping you pay the bills Tue, 22 May 2012 21:07:38 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Kelvin http://likechapaa.com/2009/12/stealth-mode/comment-page-1/#comment-898 Kelvin Thu, 24 Dec 2009 15:36:48 +0000 http://likechapaa.com/?p=930#comment-898 I agree a completely! I'd just like to add this, from the TechCrunch article: "Most entrepreneurs say they are in stealth because they are worried about competitors stealing their ideas. This can be a risk if you have such a simple idea that just by hearing it, someone can replicate it. If this is the case, then you do have a lot to worry about. But even in this case, what will ultimately make the difference between success and failure isn’t your idea but your ability to execute and dominate your market very fast." I agree a completely! I’d just like to add this, from the TechCrunch article:
“Most entrepreneurs say they are in stealth because they are worried about competitors stealing their ideas. This can be a risk if you have such a simple idea that just by hearing it, someone can replicate it. If this is the case, then you do have a lot to worry about. But even in this case, what will ultimately make the difference between success and failure isn’t your idea but your ability to execute and dominate your market very fast.”

]]> By: CB http://likechapaa.com/2009/12/stealth-mode/comment-page-1/#comment-897 CB Thu, 24 Dec 2009 13:50:32 +0000 http://likechapaa.com/?p=930#comment-897 Well, there are lots of urban legends about people who had their ideas minted into millions by some guy with more money and clout, so I suppose it's a legitimate concern. Especially once you realise that there really IS nothing new under the Sun - just fresh ways of looking at the same old things. So I can see why someone who feels they have a truly inspired 'new perspective' would be wary about sharing it. But then again, the people whose ideas get stolen are people who don't have the resources to pursue said ideas, so they end up seeking others to do it for them in some kind of partnership. The solution is not secrecy, it's caution. Don't keep your idea top secret, but DO be careful whom you share it with. Especially if the person's name comes with a brand and lots of zeroes... And before you ask for someone's help in launching a business idea, be sure you actually need them. There are lots of ways on this site alone of how to get started without 'sourcing bigshot capital'. I'm just saying... Well, there are lots of urban legends about people who had their ideas minted into millions by some guy with more money and clout, so I suppose it’s a legitimate concern. Especially once you realise that there really IS nothing new under the Sun – just fresh ways of looking at the same old things. So I can see why someone who feels they have a truly inspired ‘new perspective’ would be wary about sharing it.

But then again, the people whose ideas get stolen are people who don’t have the resources to pursue said ideas, so they end up seeking others to do it for them in some kind of partnership.

The solution is not secrecy, it’s caution. Don’t keep your idea top secret, but DO be careful whom you share it with. Especially if the person’s name comes with a brand and lots of zeroes…

And before you ask for someone’s help in launching a business idea, be sure you actually need them. There are lots of ways on this site alone of how to get started without ‘sourcing bigshot capital’. I’m just saying…

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