what if the big company steals my idea I got this question from one of my readers
got this question from one of my readers
got this question from one of my readers oh Ken is my newsletter reader and he’s
oh Ken is my newsletter reader and he’s
oh Ken is my newsletter reader and he’s got a software business and he’s worried
got a software business and he’s worried
got a software business and he’s worried that if he puts out his software too
that if he puts out his software too
that if he puts out his software too early a big companies going to come in
early a big companies going to come in
early a big companies going to come in steal his idea and and rip him off using
steal his idea and and rip him off using
steal his idea and and rip him off using me out of luck so I know this is a
me out of luck so I know this is a
me out of luck so I know this is a legitimate fear okay and I mean I’m i
legitimate fear okay and I mean I’m i
legitimate fear okay and I mean I’m i come from a software background I was my
come from a software background I was my
come from a software background I was my first real successful business was in
first real successful business was in
first real successful business was in software you have to understand though
software you have to understand though
software you have to understand though how big companies work okay first of all
how big companies work okay first of all
how big companies work okay first of all you could fly under the radar of a big
you could fly under the radar of a big
you could fly under the radar of a big company for a long time big companies
company for a long time big companies
company for a long time big companies are not paying attention to every little
are not paying attention to every little
are not paying attention to every little company that comes along because there’s
company that comes along because there’s
company that comes along because there’s tons of them there’s tons of these
tons of them there’s tons of these
tons of them there’s tons of these startup companies and they’re not paying
startup companies and they’re not paying
startup companies and they’re not paying attention to them you could fly under
attention to them you could fly under
attention to them you could fly under the radar for a long time okay second
the radar for a long time okay second
the radar for a long time okay second big companies have production schedules
big companies have production schedules
big companies have production schedules they plan up to a year in advance what
they plan up to a year in advance what
they plan up to a year in advance what they’re suffer is going to look like
they’re suffer is going to look like
they’re suffer is going to look like whatever they’re talking about now is it
whatever they’re talking about now is it
whatever they’re talking about now is it isn’t even going to be worked on for
isn’t even going to be worked on for
isn’t even going to be worked on for another six months the idea of them
another six months the idea of them
another six months the idea of them looking at what you’re doing and then
looking at what you’re doing and then
looking at what you’re doing and then suddenly changing right away and
suddenly changing right away and
suddenly changing right away and implementing it is is tiny it doesn’t
implementing it is is tiny it doesn’t
implementing it is is tiny it doesn’t happen that’s not how big companies
happen that’s not how big companies
happen that’s not how big companies think Facebook doesn’t want to create
think Facebook doesn’t want to create
think Facebook doesn’t want to create their own Instagram they want to buy
their own Instagram they want to buy
their own Instagram they want to buy instagram that’s how big companies think
instagram that’s how big companies think
instagram that’s how big companies think and that’s the opportunity for you to
and that’s the opportunity for you to
and that’s the opportunity for you to exit and the way you get bought out and
exit and the way you get bought out and
exit and the way you get bought out and you’re going to get to that decision
you’re going to get to that decision
you’re going to get to that decision okay if you build this thing
okay if you build this thing
okay if you build this thing successfully here’s how acquisitions go
successfully here’s how acquisitions go
successfully here’s how acquisitions go okay you want to get bought out by big
okay you want to get bought out by big
okay you want to get bought out by big company this is how the process works I
company this is how the process works I
company this is how the process works I went through it this is how it works the
went through it this is how it works the
went through it this is how it works the company is going to look at what you
company is going to look at what you
company is going to look at what you have they’re gonna see how long is gonna
have they’re gonna see how long is gonna
have they’re gonna see how long is gonna take the bill they’re going to look to
take the bill they’re going to look to
take the bill they’re going to look to their technology person say I want to
their technology person say I want to
their technology person say I want to build what this guy has how long’s gonna
build what this guy has how long’s gonna
build what this guy has how long’s gonna take how much dollars they’re going to
take how much dollars they’re going to
take how much dollars they’re going to compute that see how much market share
compute that see how much market share
compute that see how much market share you have how much momentum you have and
you have how much momentum you have and
you have how much momentum you have and they’re going to come with a price let
they’re going to come with a price let
they’re going to come with a price let me say it’s going to take us a year to
me say it’s going to take us a year to
me say it’s going to take us a year to get there and then we’re gonna have to
get there and then we’re gonna have to
get there and then we’re gonna have to go out and get those customers that you
go out and get those customers that you
go out and get those customers that you have instead of doing all that we’re
have instead of doing all that we’re
have instead of doing all that we’re just going to buy you out and that’s how
just going to buy you out and that’s how
just going to buy you out and that’s how most deals get made with these big
most deals get made with these big
most deals get made with these big companies so it’s to your advantage
companies so it’s to your advantage
companies so it’s to your advantage to get your software out there quickly
to get your software out there quickly
to get your software out there quickly get it out there get feedback get
get it out there get feedback get
get it out there get feedback get momentum get some customers get some
momentum get some customers get some
momentum get some customers get some money coming in poor back in your
money coming in poor back in your
money coming in poor back in your development and grow this thing up as
development and grow this thing up as
development and grow this thing up as fast as you can because until you start
fast as you can because until you start
fast as you can because until you start getting feedback from your customers as
getting feedback from your customers as
getting feedback from your customers as long as it’s just an idea in your head
long as it’s just an idea in your head
long as it’s just an idea in your head you know what I should release it it’s
you know what I should release it it’s
you know what I should release it it’s going to delay you getting this thing
going to delay you getting this thing
going to delay you getting this thing out and there’s other guys or just like
out and there’s other guys or just like
out and there’s other guys or just like you just as hungry just as hustling out
you just as hungry just as hustling out
you just as hungry just as hustling out there who are doing something similar
there who are doing something similar
there who are doing something similar who’ve already launched something small
who’ve already launched something small
who’ve already launched something small or who are about to launch something you
or who are about to launch something you
or who are about to launch something you got to get ahead of those guys too
got to get ahead of those guys too
got to get ahead of those guys too that’s your real competition get it out
that’s your real competition get it out
that’s your real competition get it out there get momentum get feedback get
there get momentum get feedback get
there get momentum get feedback get customers build this thing up and by the
customers build this thing up and by the
customers build this thing up and by the time you get on the radar of the big
time you get on the radar of the big
time you get on the radar of the big companies they’re going to want to buy
companies they’re going to want to buy
companies they’re going to want to buy you out I know it’s it’s scary I know
you out I know it’s it’s scary I know
you out I know it’s it’s scary I know you’re worried that these guys are going
you’re worried that these guys are going
you’re worried that these guys are going to steal what you have but you’re better
to steal what you have but you’re better
to steal what you have but you’re better off getting this thing out and building
off getting this thing out and building
off getting this thing out and building momentum then just holding on to your
momentum then just holding on to your
momentum then just holding on to your idea because if you just hold on to and
idea because if you just hold on to and
idea because if you just hold on to and don’t do anything with it you’re not
don’t do anything with it you’re not
don’t do anything with it you’re not going to have a business so get out
going to have a business so get out
going to have a business so get out there work like hack get some customers
there work like hack get some customers
there work like hack get some customers build some momentum and believe so those
build some momentum and believe so those
build some momentum and believe so those you’re watching like the video give it a
you’re watching like the video give it a
you’re watching like the video give it a thumbs up below it makes you want to do
thumbs up below it makes you want to do
thumbs up below it makes you want to do more for you leave a comment let me know
more for you leave a comment let me know
more for you leave a comment let me know what you think you have a question
what you think you have a question
what you think you have a question asking people Oh make a video response
asking people Oh make a video response
asking people Oh make a video response and if you liked this video you can
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more just like this thank you so much
more just like this thank you so much and I’ll see you soon
”
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