how do you prevent big companies from stealing your idea this is a question
stealing your idea this is a question
stealing your idea this is a question that comes up a lot it’s a question that
that comes up a lot it’s a question that
that comes up a lot it’s a question that came from of my youtube viewers I am
came from of my youtube viewers I am
came from of my youtube viewers I am greater who wrote in to say I’m creating
greater who wrote in to say I’m creating
greater who wrote in to say I’m creating an app what happens when you release
an app what happens when you release
an app what happens when you release your app other big companies have
your app other big companies have
your app other big companies have hundreds thousands of developers will
hundreds thousands of developers will
hundreds thousands of developers will steal your idea have the money to
steal your idea have the money to
steal your idea have the money to advertise it how to prevent big
advertise it how to prevent big
advertise it how to prevent big companies from stealing my idea and
companies from stealing my idea and
companies from stealing my idea and making money off it more than I do so
making money off it more than I do so
making money off it more than I do so here’s the thing ok an idea an idea is
here’s the thing ok an idea an idea is
here’s the thing ok an idea an idea is not enough the only way to save an idea
not enough the only way to save an idea
not enough the only way to save an idea is through a patent ok if you have an
is through a patent ok if you have an
is through a patent ok if you have an idea that you can patent then go get
idea that you can patent then go get
idea that you can patent then go get your patent and the company’s a big
your patent and the company’s a big
your patent and the company’s a big companies if they want to use it then
companies if they want to use it then
companies if they want to use it then they have to license your patent or buy
they have to license your patent or buy
they have to license your patent or buy your patent from you that’s the only way
your patent from you that’s the only way
your patent from you that’s the only way to protect an idea otherwise what you
to protect an idea otherwise what you
to protect an idea otherwise what you need to do is get out there and build
need to do is get out there and build
need to do is get out there and build more than idea having idea is not enough
more than idea having idea is not enough
more than idea having idea is not enough you got to go and create something and
you got to go and create something and
you got to go and create something and here’s what usually happens ok remember
here’s what usually happens ok remember
here’s what usually happens ok remember big companies are slow typically they’re
big companies are slow typically they’re
big companies are slow typically they’re not the leaders in anything they’re
not the leaders in anything they’re
not the leaders in anything they’re typically very slow you could stay under
typically very slow you could stay under
typically very slow you could stay under the radar for a long time before the big
the radar for a long time before the big
the radar for a long time before the big companies notice and when a company is
companies notice and when a company is
companies notice and when a company is looking at what you do they’re going to
looking at what you do they’re going to
looking at what you do they’re going to think either I’m going to reverse
think either I’m going to reverse
think either I’m going to reverse engineer this or I’m going to buy the
engineer this or I’m going to buy the
engineer this or I’m going to buy the company and this is your chance to get
company and this is your chance to get
company and this is your chance to get sold I know because I sold to a big
sold I know because I sold to a big
sold I know because I sold to a big company I had a biotech software company
company I had a biotech software company
company I had a biotech software company ok
ok
ok I had a biotech software company it was
I had a biotech software company it was
I had a biotech software company it was a small business at the start of three
a small business at the start of three
a small business at the start of three of us who were who are owners in the
of us who were who are owners in the
of us who were who are owners in the company I built it up and I got to the
company I built it up and I got to the
company I built it up and I got to the point with the business where companies
point with the business where companies
point with the business where companies started coming to us they started coming
started coming to us they started coming
started coming to us they started coming in and say we’re interested in what
in and say we’re interested in what
in and say we’re interested in what you’re doing and these were big
you’re doing and these were big
you’re doing and these were big companies and I had a choice to either
companies and I had a choice to either
companies and I had a choice to either sell to them or I would face competition
sell to them or I would face competition
sell to them or I would face competition from them and what they think this is
from them and what they think this is
from them and what they think this is how their minds think ok they want to
how their minds think ok they want to
how their minds think ok they want to get into my space ok this is going to be
get into my space ok this is going to be
get into my space ok this is going to be the same for you they want to get into
the same for you they want to get into
the same for you they want to get into your space with the app it’s going to
your space with the app it’s going to
your space with the app it’s going to take them time and money it’s going to
take them time and money it’s going to
take them time and money it’s going to take them time and money to develop the
take them time and money to develop the
take them time and money to develop the app develop the software
app develop the software
app develop the software or to also build up a community so when
or to also build up a community so when
or to also build up a community so when the company bought my business they were
the company bought my business they were
the company bought my business they were not just buying the software right they
not just buying the software right they
not just buying the software right they could have redeveloped my software it
could have redeveloped my software it
could have redeveloped my software it could have been I don’t know how long
could have been I don’t know how long
could have been I don’t know how long we’re taking to do it but it would have
we’re taking to do it but it would have
we’re taking to do it but it would have taken time it’s not like they could do
taken time it’s not like they could do
taken time it’s not like they could do this overnight but it was also the
this overnight but it was also the
this overnight but it was also the market chair the user base people were
market chair the user base people were
market chair the user base people were using our software and so by acquiring
using our software and so by acquiring
using our software and so by acquiring your business they get in faster they
your business they get in faster they
your business they get in faster they don’t have to spend money developing the
don’t have to spend money developing the
don’t have to spend money developing the software and they have a user base who
software and they have a user base who
software and they have a user base who already loves what it is so if you want
already loves what it is so if you want
already loves what it is so if you want to sell your idea sell your app then the
to sell your idea sell your app then the
to sell your idea sell your app then the two things you need to do is one make it
two things you need to do is one make it
two things you need to do is one make it great so have it have a technology lead
great so have it have a technology lead
great so have it have a technology lead so that it can’t just be reproduced in a
so that it can’t just be reproduced in a
so that it can’t just be reproduced in a day and to build up an audience because
day and to build up an audience because
day and to build up an audience because either they have the technology it
either they have the technology it
either they have the technology it doesn’t matter because you have the
doesn’t matter because you have the
doesn’t matter because you have the audience so to summarize if you just
audience so to summarize if you just
audience so to summarize if you just have an idea the only way to protective
have an idea the only way to protective
have an idea the only way to protective is a patent if you can’t get a patent
is a patent if you can’t get a patent
is a patent if you can’t get a patent your idea is not protected but it
your idea is not protected but it
your idea is not protected but it doesn’t matter yet because you need to
doesn’t matter yet because you need to
doesn’t matter yet because you need to prove this concept and if you have great
prove this concept and if you have great
prove this concept and if you have great technology and a user base who loves
technology and a user base who loves
technology and a user base who loves what you’re doing you become a prime
what you’re doing you become a prime
what you’re doing you become a prime candidate to be acquired sell your
candidate to be acquired sell your
candidate to be acquired sell your business and move on to your next app
business and move on to your next app
business and move on to your next app believe those are watching like the
believe those are watching like the
believe those are watching like the video please give it a thumbs up below
video please give it a thumbs up below
video please give it a thumbs up below makes you want to do more for you and
makes you want to do more for you and
makes you want to do more for you and leave a comment let me know you think
leave a comment let me know you think
leave a comment let me know you think you have a question leave it below like
you have a question leave it below like
you have a question leave it below like video response thank you so much and
video response thank you so much and
video response thank you so much and I’ll see you soon
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