Ideas are cheap

• Everyone has a million ideas
  • Few know how to turn the idea into a successful product or service
  • Venture capitalists say: “It’s all about the team!”
  • Execution is far more important than the idea
  • The important role of “Domain Expertise” (what is that?)
  • Discussion: What is your definition of ‘successful?’
• So: Don’t be so secretive!
  • This is a classic trap!
  • You (almost) always gain more from sharing your idea and getting feedback
  • Keeping it secret usually only provides an imaginary competitive advantage