If you’re an entrepreneur, you probably have an unstated yet pervasive fear of a competitor copying your work. I know I certainly did when I first started BodeTree . My co-founder and I chuckle now when we look back at how paranoid we were in the early days. We went so far as to request prospective venture capital firms to sign nondisclosure agreements before we agreed to talk about our product. Eventually, and after many sobering conversations with our advisors, we came to our senses. Here’s the thing about competition: if you’re good at what you do, others are going to follow suit. Sometimes that means “borrowing” successful product features, while other times it’s out and out plagiarism. Regardless of its form and severity, intellectual property theft is deeply personal for entrepreneurs. However, that doesn’t mean you have to be paranoid. Instead, you simply need to be prepared. Imitation is the sincerest form of flattery My company, BodeTree, has always marched to the
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