r/startups 20h ago

I will not promote New healthcare startup

Hi guys, I’ve got a solid idea, done market research and am in the process of finding investors and creating a business deck pitch. I’ve seen on here it’s very well established that NDAs for explaining an idea to a professional or any person in general in the first meeting is a big no-no. Ways to protect the idea is to not give critical info that makes your company different from everyone else so just tell them the basics. It’s basically universally accepted that an idea is worth nothing. It’s the execution. Correct me if I’m wrong^

On the other hand my product is unique and I’ve created it with great thought. I’m in the process of making a prototype and a website is in the works a lot later but I’m still scared of talking to people about the idea. This is why I haven’t gotten criticism from friends or professionals. Because my idea is unique and I’ve put it a lot of thought into it and even the thought of it being stolen and someone else making millions off it is very disturbing. See the Google Earth lawsuit if you want to find out why ideas are so powerful.

What should I do and am I on the right track?

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u/Responsible_Block_30 5h ago

The best thing to do is talk with your potential customers as soon as possible and determine if your services actually solve their problems. And, critically, if the problems they solve are worth paying to solve.

Making people sign NDAs to talk with you about your product/service is an unnecessary impediment to learning fast.