Big Companies Steal New Entrepreneurs’ Ideas
because stealth mode in
startup business is positioned as strategies of necessary isolation which are
entrepreneurs’ responses to fear. They enter stealth mode because they have an
idea or technology that is too young for public exposure. It is a business
strategy of secrecy to avoid alerting competitors to pending ideas. They have a
fear that their idea is so brilliant that anyone who got to know about their
innovations will surely try to run away with them.
“Exposure will not kill an idea. Fear, however, is the little
death that shuts down innovation and smothers creativity.”
Many entrepreneurs quell this fear by quietly retreating into
their shells. Strategic isolation may work when a startup has all resources it
needs to succeed These startups built around a core technology or discovery,
which needs to patent and protect their business from idea thefts. But
many startups are limiting their growth and ability to succeed
because of these idea thefts who would steal their ideas.
New entrepreneurs should share least and limited information about their
inventions with such people who they fear alot.
“New entrepreneurs should be transparent about their challenges, seek
advice and work together to provide the world better solutions.”
Many entrepreneurs quell this fear by quietly retreating into their shells. Strategic isolation may work when a startup has all resources it needs to succeed These startups built around a core technology or discovery, which needs to patent and protect their business from idea thefts. But many startups are limiting their growth and ability to succeed because of these idea thefts who would steal their ideas. New entrepreneurs should share least and limited information about their inventions with such people who they fear alot.
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