Business Ideas Is it advisable to be telling people ones business idea?.

It us almost cause a big problem between to friend when one just tell the other one his business idea and before that week runs out the other begging the business and was making good profit there.
There are some time one need to be hiding some fact or idea about business from some people once you notice the type of person they are .
There are some people that they will just be looking for away to exploit some people's effort and use it for there own benefit one need to be very careful about whom you tell you idea about how you want to live a successful life.

What is your own take about this?
Is it good to be disclosing ones business idea to people?.

 

[Jasz]

It's not advisable even as as good as it's yo seek advice from people before carrying out some tasks especially important one like this , you have to be careful, it is true the mind us deep you don't know who to trust. My advice is always execute your plan before making it public.

Even some companies will tell you to submit a business idea and they will help you fund it and more , at the end of the day they tell you how less great your uses is or maybe not the kind if idea they seek but at the end they promote it by themselves and for themselves.

Sometimes , in a local setting, you want to get a work you submit a proposal ، , you submit your quotation , you discover that rejected quotation is what they end up working with without you being involved. This is disheartening if you ask me .

 

[btaliat]

The reason will determine why we want to tell them will determine whether it is good or not. Do we want to them for them to help us probably by financing us or do we want to them to just know our business idea? If for financing sake, there is nothing bad but we need to make sure we don't tell him the entire idea. And for the second reason, we only need to mind those that we share secret with.

 

[Mellorando]

It's not a good idea to tell everyone your business. Not everyone is honest and they will sometimes cheat you, set you up, or take you down. Knowing this is how you keep your mouth shut. Not everyone is honest and trustworthy. But rather you can be talking about your idea to your potential customers as soon as you really consider developing it. The simple reason is you need to validate your idea and get feedback on it before you start working on it and invest your hard earned money and time or both.