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PRATHAM Khandelwal

Entrepreneur • 1y

Kindly Give tips How to prevent your business idea while idea validation and sharing with someone?

4 Replies

Replies (4)

Sairaj Kadam

Entrepreneur • 1y

Hey, If you’re starting a business and want to protect your idea, using Non-Disclosure Agreements (NDAs) is essential. NDAs help prevent your business idea from being stolen by legally binding the parties involved to confidentiality. This is not just a professional approach but a crucial legal measure. Alternatively, you can create a document outlining your key points and have an agreement based on those. This can also help protect your idea, though it may not carry the same legal weight as an NDA.

1 Reply

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Go for NDA or make trial deck if you wany share it also never share your main research always explain your idea briefly without disclosing any type of main research or strategy. Also you need to prepare yourself for these kind of small things otherwise you never get funding if you think that someone will stole your idea .

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