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Dec 30, 2009 12:43 am |
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re: Looking for Private Investors and Venture Capitalists for my product |
John Stephen Veitch
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Hello Raj
There are no products of innovations or new businesses that are so secret that they can't be explained in a general way, even in a quite specific way. Your statement is also invalid. Every product has competition, with food and housing and clothing and even against savings.
I only have access to the ideas in my own head. When you tell me what you plan I have. Access to my own ideas PLUS my own interpretation of what you told me. In my long experience I've concluded that it's almost impossible to steal someone else's business idea. My own ideas immediately turn whatever you tell me into something else.
Stronger than that; even when someone is desperately trying to communicate what their business idea is they can't do it. Mostly, people put this failure to communicate down as "it wasn't a good idea in the first place." But usually that ground is never tested.
We do know that many successful innovations were shopped around for a long time before they were eventually given life by the right partner, or the right market opportunity.
I wouldn't expect anyone to waste their time responding to the letter above. You have a communication task to accomplish Raj. I suggest you try again.
John Stephen Veitch; The Network Ambassador Open Future Limited - http://www.openfuture.co.nz/ Innovation Network - http://veech-network.ryze.com/ Building an Open Future - http://openfuture-network.ryze.com/Private Reply to John Stephen Veitch (new win) |
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