The value of ideasΒΆ
Your idea has no value by itself.
- Hiding ideas
- Ideas do not get better by sitting in your head
- It's better to test a bad idea than hide a good one
- NDAs
- They don't really work
- They're hard to write and hard to enforce
- Patents
- Patents are usually a waste of time
- It takes 2.5 years to make it
- You can never be 100% protected
Focus on execution.
"Business ideas are like buses. If you miss one, there's one coming in 10 minutes" - Richard Branson