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Unless you are famous, no one will steal your idea. The truth is it will be very difficult to get anyone to even care about your idea. Google, E-Bay were reje
by WhitneyLand 10y ago
Unless you are famous, no one will steal your idea. The truth is it will be very difficult to get anyone to even care about your idea. Google, E-Bay were rejected many times, no one cared. The positive side to this is you can sharpen your pitch. Once you get strong positive (honest) feedback you know your story is getting stronger.
Do not pay for $1 of development until you have done lots of validation. Have you talked to experts in the industry? How many potential customers said they'd be willing to buy? Have you spec'd out an MVP? Have you had someone who's run a successful startup review your business model?
Once your ready to hire developers, you again need to plan carefully. There are 100 ways to get burned. Also it takes skill to manage their effort and know when things are going wrong.