SHARE your ideas (they are worth $0.0083333 each anyway)

There are a couple other reasons that I really like taking ideas public….for entrepreneurs especially:

1. You mentally devalue the “secrecy” of an idea. It is a tough leap for many….but soon it’s quite clear that ideas are a dime a dozen and improve with early & often feedback

2. You put yourself into a corner by adding the risk of a more public failure. People do their best work when backed into a corner. It’s much easier to quit on a business that you’ve been secretly working on.

3. You become a magnet for others interested and passionate about what you are doing. Sure….by keeping your idea secret, you’re reducing the minute chance that someone will “steal” your idea…..but you’re also creating a massive wall that eliminates the MUCH MORE PROBABLE outcome of attracting high quality people to your project.
Originally posted as a comment by me on A VC using Disqus.