Why you should not talk about your business ideas

By M.Farouk Radwan, MSc.

Do you share your business ideas with others?

When was the last time you told your friends about your business ideas?
When was the last time you shared your business idea with someone?
Do you know that this action can be very harmful to your business?

First of all let me make it clear that i am not talking about situations where you are sharing your business idea because you are seeking partnership or some kind of professional advice but i am rather talking about situations where you share your business ideas with others for no specified reason.

But what's the problem with sharing a business idea with a close friend?

All new Beliefs are usually fragile

When you develop a new belief it's usually too fragile that it can be easily changed if someone tried to prove it wrong. After a belief gets stronger it becomes hard for others to change it but in the early days of the belief formation this belief is usually very fragile.

A business idea is nothing more than a belief in a certain vision or a certain goal. If you shared that idea with the wrong people too early then they can make you change your mind about it very easily.

If you only told your idea to one person and this person didn't like it then your mind will think that 100% of the people who heard about the idea didn't like it. Even worse if you told the idea to two people who didn't like it then you might believe that it's a very bad idea even though it might be a good one.

When to tell people about your business ideas

If you believed that your idea is great then the best thing you should do is to not tell others about it until you find enough proves that you are on the right track. The reason for this is simple.

If you got enough proofs then your belief will become stronger and the negative comments from your friends or peers won't be able to affect your faith in the business.

In the Solid Self confidence program i said that beliefs weaken as opposing beliefs are introduced. The stronger a belief is the less likely it is to weaken when an opposing belief is introduced.

Whom should you tell about your business ideas

While it's strongly recommended to keep the ideas to yourself in the early stages still there are some people you should tell about those ideas. Generally positive and self motivated friends might give you a push and might make your belief about the business stronger.

Avoid telling pessimists, people who failed recently or those who didn't succeed yet about your plans for those people might put you down and steal your energy.

Remember that an idea is like a small baby. It has to grow to become stronger before it's introduced to people who might attack it.

2knowmyself is not a complicated medical website nor a boring online encyclopedia but rather a place where you will find simple, to the point and effective information that is backed by psychology and presented in a simple way that you can understand and apply. If you think that this is some kind of marketing hype then see what other visitors say about 2knowmyself.

The Solid confidence program was launched by 2knowmyself.com; the program will either help you become more confident or give you your money back.

Want to know more?

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How your beliefs and concerns affect your perception

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