Asking friends for feedback on your business idea

[Moseschidera]

Sometimes friends can be of good help but they can also get swayed by emotions rather than look at things objectively. Since they care about you, they may sugarcoat their feedback and not point out weaknesses they see in the idea. Getting perspectives from more detached sources is important to get a well-rounded view. Business is business at the end of the day, not personal. So while friends' support is appreciated, one needs input from those who don't have the personal connection and are willing to give an honest assessment, good or bad, to improve the chances of the idea working in the market.

 

[eLdavis]

This is true, but at the same time you need to be extremely careful who you share your ideas with.

 

[King Belieal]

You really have to be very careful the person you share your idea with. They could just steal your business idea and make it their own and execute it ahead of you.

 

[Xtynehappy]

One must be very careful with that. Most business ideas are being stolen in that way