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  1. #1
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    Keeping my idea safe

    Hello all,

    I am hoping you guys can help me.....

    I have a website currently being developed based on an idea I had planned for months. When it is completed, I plan on proposing this idea to a big local company hoping I would pick up a partner or affiliate. We offer different services, but we can definitely help each other out. How should I approach this? The last thing I need is a big competitor.

  2. #2
    SitePoint Wizard jimbo_dk's Avatar
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    I don't think you need to worry too much about the big company stealing your idea. However, if you want to play extra safe, you should get them to sign an NDA before you talk any specifics with them.
    Winners Respond. Losers React.
    Singapore Web Designer

  3. #3
    I hate Spammers mobyme's Avatar
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    What jimbo_dk says makes sense and is a good precaution however personally I wouldn't worry too much about a big competitor because if your idea is any good its going to get copied anyway. Far more important to steal a march and get yourself established; with a bit of luck one of the the big boys might decide to buy you out or try to get into partnership with you. Good luck
    There are three kinds of men:
    The ones that learn by reading.
    The few who learn by observation.
    The rest of us have to pee on the electric fence.

  4. #4
    phpLD Fanatic bronze trophy dvduval's Avatar
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    The value of the idea will increase as the implementation of the idea is realized. Being somewhat quiet about it at first can be good, but at the same time, finding and involving some others you trust can help you get it going faster, so you just have to plan carefully, and hopefully we will be hearing about your success soon. Good luck!

  5. #5
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    Thank you all. It is always nice to hear what other people think.

  6. #6
    SitePoint Zealot Roar's Avatar
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    Ready, fire, aim. Get your idea off the ground and when the time is right (like when the funding is there) take the steps necessary to ensure your concepts & source code are protected.
    ----
    Nerd Business Blog : for NERDS only

  7. #7
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    Quote Originally Posted by Roar View Post
    Ready, fire, aim. Get your idea off the ground and when the time is right (like when the funding is there) take the steps necessary to ensure your concepts & source code are protected.
    What are the necessary steps?

  8. #8
    SitePoint Enthusiast willie's Avatar
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    Your idea is your IP(intellectual property), you have a 3 year lead time before someone will twist it enough to make it something different,
    one path you could have gone with was engage an IP lawyer,
    they are about 250 per hr,
    i do 2 jobs so I can pay for my IP lawyer,
    the value you will get back is unlimited,
    understand that it is a long term relationship,
    other things they will help you with
    logo, IP strategic plan, NDA, business set up, business trust set up,
    business license your concept,
    what I got from my IP lawyer,
    5 game show concept, 2 movie concept, 3 online game concept,
    and theme park, in return I increased my IP lawyer fees

  9. #9
    SitePoint Evangelist Fergal's Avatar
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    There are times when it is important to protect your idea. However, many people overestimate the importance of keeping the idea a secret and underestimate the importance of implementing it efficiently and communicating it to other people.

    Ideas are often personal to the people who have them, making it difficult or unattractive for others to copy them and implement them in the way you would. Lots of people have great ideas but the successful business people are the people who implement them with intelligence and dedication.

    Chances are that other people already have the same idea or at least a very similar idea. As has already been suggested get it off the ground quickly, work hard at it and then evaluate the results to see if it needs pursuing, tweaking or abandoning.

    Good luck.
    Fergal Crawley (Previous Username: Proudirish.com)
    Business Advice Forum - Webmaster and Business Forum
    < Get a free link & win $5,000
    Forum Coin New World Currency

  10. #10
    SitePoint Enthusiast rj2kix's Avatar
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    talk to a copyright lawyer, or check out copyright.gov. web registrations are 30-$45

  11. #11
    SitePoint Enthusiast
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    What Proudirish said is basically true. I used to worry a lot about the safety of ideas that I got but I eventually realized that it is rather pointless. Every good business will have competitors. If there aren't any competitors, then you have to seriously question the value of your business.


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