Sometimes you might have an idea for a new business. Should you share such a statement and risk it being “stolen”, or should you share it?
The answer is to share it. By sharing it, you are testing it. By sharing it, you get feedback and gather reactions that can be invaluable later (if there is a later).
Ideas are cheap, and the only way to have a good idea is to have many bad ones and test them. Sharing your idea is an excellent way to find the diamond in the dirt.
Ideas are nothing without execution, and that’s the hard part. I had various people telling me, “I thought about Facebook before Mark”. Even if that is true, he did something about it, and that’s why he had at least a chance of success.