I am SCARED to share my IDEA so it’s not stolen

Felix Ekwueme
The Startup
Published in
4 min readOct 20, 2018

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Ocean Biggshott on Unsplash

For the 5th time this week, I have heard someone say “I am worried to share my idea with people because they may steal my idea”. This statement isn’t just from people newly considering entrepreneurship. I have also heard this from entrepreneurs who have spent a ton of their money building a product that they refused to tell anyone about, to prevent someone from stealing it. So this is a real fear, and today, it’s time for us to address this.

First, it’s been widely reported that the mind has about 70,000 thoughts a day, but less than 10% are implemented. What does this mean? It means that in the midst of your thoughts and worries about stealing your ideas, some other thought will cross your mind, and if there is no implementation, your idea will be just as useless as the other 90%. Ideas are easy but implementation is difficult.

Second, if the idea is good enough for someone else to hear it, act upon it, and be successful in accomplishing the goal of making it a “billion dollar idea”, you were likely to be crushed by competition anyway, because you either do not know how to withhold what’s most important about how to accomplish this idea, or you really never had anything unique, and your only value would have been the first-mover advantage, which also does not guarantee victory.

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Felix Ekwueme
The Startup

Building Supply Chain Tech products @Amazon. Formerly @Wayfair, @IBM, Startups. Investing at @entrancevc.