Are you going to tell if you have a profitable business idea?

Starmix

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Do you have a business idea? Can you share what your ideas are with your family, friends, or someone else? What for? Why bother to let them know? What is the essence of your decision why tell if you have a profitable business idea? Well, it is not bragging but sharing and you need somebody to listen to you to help you assess and evaluate your business plans. These are the following reasons why tell if you have a profitable business idea: 1. It solves a real problem, in case there is one along the way. 2. People are willing to pay for it-after sharing them the items those you shared will promote and support your business, or your product 3. It's set at the right price point, the people you share will help you assess your prices. Remember the people listening to you are your customers. 4. It has a considerable niche market, through sharing with them where you can get their help on the right marketplace. 5. You are passionate about it, the listeners will appreciate your passion for the business you shared, thus letting them feel the same. 6. You've tested your idea; you will know the effect of your business through the listeners’ reactions to your ideas. 7. You know how to reach your customers and promote your business. Those who listen to you can suggest you the right marketplace. They could recommend the right media or need an affiliate marketer.

What is your stand abut this?
 
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Shavkat

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I might say it with my immediate family only. It is because they are the closest people in my life. Besides the point, they are the ones who can support me all throughout.
 

eldavis

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It depends though, there are times i have have a business idea, and i tell my family simply because i want to hear their point of view about it, and what they think about it. Then there are also times where i simply do not tell anyone, and i just do it.
 

Starmix

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It is best to tell our family in case we fail, they are there to support us and not to mock us or blame us for not telling them. There are also times that I never tell anyone about my business idea afraid they will give me negative feedback.
 

Niyi Briggs

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I always believe that your business idea is only for you to work on and actualize. The only people that you might reasonably share your business ideas with are business consultants for advice.
 

aovurevu

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I might say it with my immediate family only. It is because they are the closest people in my life. Besides the point, they are the ones who can support me all throughout.
Yeah, they are the true supporter, only few friends are real supporters and some might not even be happy about it especially when they re not really doing well in their own business.
 

astutimeliana723

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I might say it with my immediate family only. It is because they are the closest people in my life. Besides the point, they are the ones who can support me all throughout.

That's right, I agree with you. For business idea problems, I might share with my family. Because it often happens that someone tells a good business idea to a friend, but instead the business idea is used secretly by his friend.
 

Shavkat

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That's right, I agree with you. For business idea problems, I might share with my family. Because it often happens that someone tells a good business idea to a friend, but instead the business idea is used secretly by his friend.
You are so right with your claim. I had experienced this with some of my close friends before. I was surprised that they are doing it without even asking my permission.
 

Springtime

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If I have a profitable business idea, I would tell my family members, mentor and close friends. I would ask for their opinion. I would also do a feasibility study to see if my idea is viable.
 

astutimeliana723

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You are so right with your claim. I had experienced this with some of my close friends before. I was surprised that they are doing it without even asking my permission.
That's right, therefore I will be careful about sharing business ideas even with close friends. Because this often happens, because the majority of humans have a greedy nature and ambition for wealth. So he will do various ways to achieve it, even if it means hurting his own close friends.
 

Suba

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In my opinion, business ideas are intellectual assets, so we don't need to tell anyone either to our parents or family, because they often unknowingly tell our plans and business ideas to their friends, we even need to protect business ideas by recording and storing them neatly. if necessary we register our business idea.
 

astutimeliana723

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In my opinion, business ideas are intellectual assets, so we don't need to tell anyone either to our parents or family, because they often unknowingly tell our plans and business ideas to their friends, we even need to protect business ideas by recording and storing them neatly. if necessary we register our business idea.
It's true that this sort of thing happened a lot, even to my dad. When my father saw my business booming, he would be proud to tell others. I don't like this, because it makes other people hopefully borrow or ask me for money. LOL
 

Suba

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It's true that this sort of thing happened a lot, even to my dad. When my father saw my business booming, he would be proud to tell others. I don't like this, because it makes other people hopefully borrow or ask me for money. LOL
For me personally it's not a problem they will borrow money, but our business ideas will be copied, and many of them ask for study or internships so our business secrets will be spread and easily used by other people.
 

astutimeliana723

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For me personally it's not a problem they will borrow money, but our business ideas will be copied, and many of them ask for study or internships so our business secrets will be spread and easily used by other people.
The problem is that the money they borrow will never come back, they always have reasons not to pay. I hate this stuff. I'm the one who struggles to get money, they only know what's good and just ask for money or borrow without wanting to pay.
 
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