As a business grows, pitching becomes increasingly important. As the business seeks investors, new clients, or even new employees, a business owner must repeatedly reveal details about the company to others. Idea theft is an ongoing concern for entrepreneurs. A competitor could snatch the idea. An investor could take it and fund it. While this behavior happens less than you would think, it is worth taking some basic steps to protect yourself.

“Only reveal what is absolutely necessary.” 

The odds that your idea will be stolen are very small. By living in fear of that theft, you’re actually inhibiting your ability to sell that idea. An investor or client who declines to work with you may actually know someone else in the industry who is looking to work with someone who is offering exactly what you’re offering. If you prevent that interaction from occurring, you could be missing a great opportunity.

Chances are, your idea is safe. Few people have an interest in stealing other people’s business concepts and putting them into action. Be proud of your invention but share it only with those who can help you in your dream of making your vision a reality.