Business gurus, i need you to help me with your experience ideas, i have a seemingly unique idea, i have perused round but am yet to find a first mover in this idea, as such i will like to venture into it. But we no how the discouraging part goes, its either one dosnt have enough money, or really lacks the technical know how on how to go about it. At this stage, one might need a partner, but scammers are everywhere, they listen carefully to the idea, tell you it wont work but go back to work on it, and that may be how their sucess story begins.
So pls i would need your advice, how do i protect my idea from beign hi-jacked if actually i cant do it on my own and i need a 2nd party? Pls ill appreciate your answees, thank u.

Unfortunately there is nothing you can do about it, the best you can hope for is to get them to sign a contract of some sort. But as this is Nigeria as they say take a leap of faith

realnaija: Unfortunately there is nothing you can do about it, the best you can hope for is to get them to sign a contract of some sort. But as this is Nigeria as they say take a leap of faith

You can ask a lawyer to prepare a non disclosure agreement that he will sign. That is what i do most times

LifeQuest:

You can ask a lawyer to prepare a non disclosure agreement that he will sign. That is what i do most times

Hmmmm, but does dis kindof agreement monitor him or only restricts him, because am tired of nigerians, too greedy, they can hide under anothers personage to outwork the plan. Dont you think so bro? Or can you help me with more insight?

macklef:

Hmmmm, but does dis kindof agreement monitor him or only restricts him, because am tired of nigerians, too greedy, they can hide under anothers personage to outwork the plan. Dont you think so bro? Or can you help me with more insight?

its 50/50...it can only work for intellectual properties under patent law. its ur original idea.

follow me so that i can send mail to u.

LifeQuest:

its 50/50...it can only work for intellectual properties under patent law. its ur original idea.

follow me so that i can send mail to u.

allright bro, i will follow u and also send you PM.

The law in Nigeria is an ass I am sorry to say. Don't throw good money down the toilet to a lawyer for a contract agreement. Look online and download, get a law student (plenty about) to proof read and make applicable changes.

If you have a job and collateral, go to a bank and take a loan, Go to your family and friends. But if you are not sure it's a sure banker go ahead and share both the profit and RISKS with some one else.

Note this: No idea is entirely new under the sun.As you are initiating an idea,someone else is doing the same elsewhere.Do the non-disclosure agreement thing,but the truth is execution is everything and not ideas.Ideas may be stolen,but execution cannot.There are numerous ideas that you have thought if and people you don't know have executed not because it was heard from you,but because they also thought of it.You are not an island of ideas.Get out there,if you are sure of yourself and meet investors,only those that can add value to you.Sign up on angelstartups.com.ng for example and connect.

Angelstartups: Note this: No idea is entirely new under the sun.As you are initiating an idea,someone else is doing the same elsewhere.Do the non-disclosure agreement thing,but the truth is execution is everything and not ideas. Ideas may be stolen,but execution cannot. There are numerous ideas that you have thought if and people you don't know have executed not because it was heard from you,but because they also thought of it.You are not an island of ideas.Get out there,if you are sure of yourself and meet investors,only those that can add value to you.Sign up on angelstartups.com.ng for example and connect.

Hmmmmm... Intresting, now this investors, any lead on them?