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RE: Getting a business going on Steem: 100 Steem Business Plan Competition!
Sorry Aggy, I'm sure your intentions are good but this seems like a great way for people to steal your ideas. If you actually have a valid business idea, why would you publish it, especially before it's up and running?
Indeed. I think that is a valid concern. Intellectual property theft is a real thing.
That is a very good point.
I've had an idea that I have been letting simmer for awhile that I believe could be revolutionary (but who doesn't think that about their own great ideas, huh?) but there is no way I would post about it for that very reason. Heck, I'm thinking about putting on the tin foil hat just to prevent others from eavesdropping on my brainwaves.
GoogleSkynet could be listening right now.No, but seriously. I am going to make sure I have at least something established where it would be too much work for someone else to replicate. Maybe that's what people gotta do these days.
That is making ones project have intentional elements of complexity to throw off would-be intellectual thieves. Kind of like the same line of thinking against becoming victim of any enterprising criminal. That is making one's self or product a "hard target".
Agreed with @choogirl on this one.... How can we be so sure our ideas are safe from prying thieving eyes. If it's not someone scamming you for your gold dragon it's another scamming your idea's that have yet fruition... All for a lowzy 100 steem... @aggroed I can understand you would of walked out of steem fest feeling the itch... Heck I even heard some lost a voice like @coruscate in those walls... But yeah I don't know about throwing business ideas on the public blockchain..
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Voice is still recovering @neddykelly. LOL
Having a unique idea is not always a guarantee of success. Most of the benefit is in getting a head start. However, once others figure out what you are doing, it is possible for a well-organized team to duplicate and improve upon the idea much like Google did to Yahoo! in the search engine space. Furthermore, even if two ideas are in the same space, they may serve different tastes, like you see in photo hosting services. There simply has to be enough differentiation that matters to your customers.
I often see new entrepreneurs come up with nondisclosure agreements, fancy graphics, business, cards, websites, and business plans before they even make a dollar. In the end, they never focused on learning how to sell their product or service to demonstrate a viable business.
Intellectual property can be important. However, execution will ultimately be the deciding factor on a successful venture no matter how brilliant your idea is.
Sometimes the brand is already secured.. like the @crowdfunder business plan I submitted @choogirl.
https://steemit.com/steem/@chrisrice/creating-a-start-up-on-steem-or-crowdfunder-xyz
And in that case, I cannot do it on my own but publishing it on @aggroed's contest might get the attention of investors or future co-founders that can help me get the idea off the ground.
The reward of 100 Steem + 50 Steem from @cryptoctopus can also help me get started!
And finally, there are also cases where a person has a really good idea but is incapable (or maybe unwilling) of doing it. In that case, it is better to submit the idea, help the community and win the prize money.
I have another good business idea that I'll submit to this contest soon, and if I start @crowdfunder I will continue to submit business ideas.
seems like the story goes, this is how he got the steem monsters idea @choogirl, digging around a little will turn up a few people that are disgruntled about that.