What if someone steals my idea?
Yes Carlos Cashman is back! Well, not really! This video is from the same session at LUMS. I left out a few. Was having trouble with them.
This is a question that worries a lot of young entrepreneurs (and some older ones too)! If I go to a VC or an investor and share my idea with them, or if I have a focus group session or talk to someone about my idea, won’t it be stolen? Someone with more resources will just take my idea and implement it and will implement it. And then woe is me! Where will I be?
I know it is a real fear and it is not as if things like that have not happened. But as Carlos pointed out, no-one can execute on the idea quite like you can. And it is the passion and drive of the entrepreneur, his/her ability to run with it and nurture it and turn it into something brilliant.
And as a young entrepreneur in Karachi once told me, “I am not short on ideas. Let them take it. There are many more where that came from!” 🙂
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