It is common practice in when starting a business to use NDAs – Non Disclosure Agreements – to legally protect your ideas when you talk about them with other people. But it is easy to go to far and one group that does not appreiate the NDA are investors, especially VCs (Venture Capitalists). They are inundated with businesses looking for investment and anything that slows that down or makes it harder for them is an instant reason to say no. In this Business Rockstars Minute, Ken Rutkowski tells you why they feel this way and how to approach a VC with your idea.
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This is one in a continuing series of Business Rockstars Minute videos presented by Ken Rutkowski. They cover a range of small business topics, especially for entrepreneurs, and give you a real quick start on the topic and are a great point for jumping off. We recommend that you check out their daily live shows over at Business Rockstars as well. But most importantly, please let us know what you think in the comments. We want your feedback on how you like these and on future topics.