How to Protect Your Business Ideas and Make Money Off Them

Do you have an idea that you believe has the potential to make you millions, but you're worried that if you tell anybody, including potential investors, they just might steal your idea and make it their own?

As CEO of Engineering Business Systems in Albuquerque, New Mexico, I help small businesses, organizations, and even the general public to maximize their potential in today's economic supply and demand by utilizing dozens of proven operational and organizational systems and techniques. For the general public, my biggest concern is helping people discover what they really want to do in life, and then showing them how to get there.

If you have a great new business idea. Then make it happen! There are many great books that you can buy or people you can talk to, including myself, about how to begin this process without disclosing any facts about your idea...

Then when you're ready to tell people about it, keep in mind that it is very unlikely that anybody will actually steal your idea! There are many reasons for this including (but not limited to):

They'll know at the back of their mind that they were NOT the mastermind behind it.

You'll be making their life miserable for it.

Their new business's reputation will be difficult to uphold when you let the word out.

With the exception of experienced investors, they'll likely not know how to get it off the ground.

However, just to be safe, if you plan on presenting your business idea to a potential partner, vendor, or investor, you should have them sign a "Confidentiality Agreement for Business Idea" form, which you can purchase for $10 at EngineeringBusinessSystems.com. Just click on the "Contact" tab and request it!

This agreement is a legally binding contract which will allow you to sue the person you disclosed your idea to in case they do steal your idea. Just make sure you attach a typed business plan or something of the sort to this contract so you have proof that it was indeed your idea... And while it's not absolutely necessary, it would be a good idea to get two copies made for both you and the other party, and then have them notarized.