StartUp Business Concept
jacklondon
subscriber Posts: 2
Hi,
in our bank we had the opportunity to submit business concepts and my idea has been chosen to be supported. This means that I will come into the second round where we will be supported by external and internal staff. Afterwards we will need to publish our concept in front of the senior management. Furthermore I they put me in a team with two other people with the same idea.
The thing is: this idea is a game changer and will disrupt a whole industry. With a successful implementation and acceptance by the market, I expect mass layoffs. I even think: "this will be the next Unicorn" with regard to market power and possible revenues. But I have to say: we are not the first one: so there is no first mover advantage anymore. There are already two competitors who incubated in 2015 and already in their beta stadium.
What changed: In the meantime I have already met someone who sees the value behind my idea and he knows some programmers who could act as co-founder.
What do you think: Shall I try to start this start-up on my own feet or participate in the challenge of the international bank. What I fear is that they will take my business concept and play off against me.
in our bank we had the opportunity to submit business concepts and my idea has been chosen to be supported. This means that I will come into the second round where we will be supported by external and internal staff. Afterwards we will need to publish our concept in front of the senior management. Furthermore I they put me in a team with two other people with the same idea.
The thing is: this idea is a game changer and will disrupt a whole industry. With a successful implementation and acceptance by the market, I expect mass layoffs. I even think: "this will be the next Unicorn" with regard to market power and possible revenues. But I have to say: we are not the first one: so there is no first mover advantage anymore. There are already two competitors who incubated in 2015 and already in their beta stadium.
What changed: In the meantime I have already met someone who sees the value behind my idea and he knows some programmers who could act as co-founder.
What do you think: Shall I try to start this start-up on my own feet or participate in the challenge of the international bank. What I fear is that they will take my business concept and play off against me.
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Comments
You dare to start a business or we can say start-up, so the first thing you should do that the idea patent should be on your name, so that nobody can cheat with you. Another thing is that you have to be with trustworthy people so you can have a healthier business. You cannot run a business without trusting people. If you have a doubt on anything. Don't waste your time.