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The philosophy to “share ideas liberally” defies the age-old instinct to keep ideas secret. However, emerging businesses are likely to benefit more from sharing ideas than from withholding them. For starters, new ideas are likely to die in isolation unless they gain traction among employees and partners. Ideas are also liable to alienate your partners and customers unless they are “tested.” Of course, ideas area also likely to succeed when refined. Business leaders flush with ideas should take every opportunity to communicate new ideas broadly, seek feedback, and develop a sense of accountability.

Share your ideas liberally. The benefits from accountability and feedback outweigh the risk that someone steals your idea! Many entrepreneurs claim that they become more committed to their ideas after telling people about them! The fact is that great ideas are plentiful, and very few people have the discipline and resources to make them happen. When you are accountable to others, you are more likely to stay focused. Read entire article.

Posted in Planning & Strategy