Right About Now with Ryan AlfordSearch 660 episodes
Mindset, Grit & Failure

Should I keep my business idea secret from other people?

Answered independently in 2 episodes. Every line below is verbatim from the transcript, timestamped to the moment it was said.

Best Business Advice on the Planet with Guests Marc Randolph, Alex Morton, Richard “RB” Botto, Will Ahmed, and Brad Lea
Marc Randolph - Netflix Co-Founder
The short answer

What the archive says

01Don't protect your idea by keeping it secret — you're guarding the 1% and preventing yourself from doing the 99%, which is discovering why the idea is flawed. source →

02Don't protect your idea in secret; refusing to share it shields the worthless 1% and prevents the 99% of work that reveals why the idea is wrong. source →

In their words

What was actually said

Your idea is to figure out why your idea is bad because that's the process. That's what entrepreneurs do. They start with an idea and don't say, this is what's going to be again, there's no epiphany moment, but they start and they realize by colliding it with real people, with a real market, with real problems, what the flaw was.
Marc Randolph · Best Business Advice on the Planet with Guests Marc (13:51)
It's really the focus of the podcast It's not me Interviewing a very successful famous entrepreneur's other people do that way, but way better than I do Uh, I my podcast is listening in as I'm actually mentoring Other early stage entrepreneurs likely audience Who can hear someone struggling with the exact same thing they as our how do I raise money?
Marc Randolph · Marc Randolph - Netflix Co-Founder (38:10)
The episodes

2 episodes answer this

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