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You'll probably need to dive at least into the area that you're tackling in order to generate a bit of interest. If you want to stop your potential partners fr
by ac2u 4y ago
You'll probably need to dive at least into the area that you're tackling in order to generate a bit of interest.
If you want to stop your potential partners from running away with your ideas, then you need to set up a structure where they have options that vest over time, incentivising them to stay with the momentum you've already built. It'll also help if your partners have skillsets that are complimentary to yours, but with them needing your skillset as much as you needing theirs. If you hire a carbon copy of yourself (skill wise), then if they have a big enough ego, or don't respect your vision, then they might be tempted to go it on their own.
In all probability though, if your idea really is good even after telling someone you'll probably have to beat them over the head with it. The great ideas don't always look great at inception.
So think carefully if you want to go to all of the above trouble just to control the secret.
>They unanimously urged me to build it, like, yesterday.
I'd be careful here, friends tell you what they think you want to hear to be polite. Ask them to invest a month's pay in you and if they hesitate, then it's just words.
- first_thr0waway 4y agoThanks, that's good advice. > Ask them to invest a month's pay in you and if they hesitate, then it's just words. Will try this out when I have something substantial to show. What is the threshold that needs to be passed to seek partnership/funding? Does a project and business plan do enough on its own to get people interested? My instinct tells me that some kind of MVP is necessary.
- ac2u 4y ago>What is the threshold that needs to be passed to seek partnership/funding? Does a project and business plan do enough on its own to get people interested? My instinct tells me that some kind of MVP is necessary. If an investor thinks your idea is as promising as you think it is, they might write a seed cheque on a pitch deck and an MVP. The less convinced they are the more they'll want to see traction to calm their doubts.