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I can't remember entirely, but I'm pretty sure the idea itself isn't worth much. The value is in the method of execution or plan of execution. Just because I
by bherms 16y ago
I can't remember entirely, but I'm pretty sure the idea itself isn't worth much. The value is in the method of execution or plan of execution. Just because I say we should build a social network for narcoleptic ex circus clowns doesn't mean I know "own" the idea (I couldn't patent it or anything). However, if I sat down and wrote out a plan of how to build it, that would be "ownable". Also, since you didn't sign a noncompete or incorporate or anything, you aren't legally tied to anything.
(ps, I'm just summarizing what I remember from some of my entrepreneurship classes)