There’s a popular misconception amongst first-time entrepreneurs that sharing an idea without signing a non-disclosure agreement (NDA) will lead to some version of The Social Network, where Mark Zuckerberg, played by Jesse Eisenberg, steals the Facebook idea and becomes a billionaire.
The mythology sounds horrifying, but the reality is much different.
In short – investors don’t sign NDAs. They won’t sign your NDA. Asking them to will make you look like you don’t know what you’re doing, and there are a few reasons for that.
No One Wants Your Idea
You may have the world’s most amazing idea. It may be a complete pile of rubbish. Either way, it’s not about ideas.
Investors want entrepreneurs, not ideas. Anyone can come up with a great idea, but...
I know a lot. Or rather, I know a lot more than I should naturally know. Specifically, I know a lot about people before I meet them – not through clairvoyance, but through artificial intelligence.
There is nothing strategic in this post. Just some practical suggestions about three tools I am using – Accompany, Notion.ai, and Sende.rs. – to artificially enhance my intelligence.
As I have written about before, I spend a lot of my day networking with entrepreneurs and VCs about their ventures and prospective investments. And sometimes I lose track. Where did I connect with this executive? or, Who asked me to speak with this founder? I no longer lose track. In fact, I am usually ahead of the curve. Here’s how:
Accompany is a ...
In this digital age it can be easy to convince yourself that all your business needs can be met online, from the comfort of your home office. But the reality is that meeting people face-to-face will never go out of style. Be sure you’re making the time and taking the effort to meet new people and keep in touch with your existing social and professional networks.
We’ve combed through various studies and surveys to share with you some of the most revealing stats about networking, as well as our top tips for making every networking event a success. Check out the infographic below to learn more about the impact networking could have on your business!
Have any other tips to share? Give us a shout out at @startupsco.