I emailed my proposal strategy relating to my NGO to 3 organisations. 2 of those organisations told me 3+ weeks back that they would get back to me and 1 NGO has not responded to my email ever since. Now I am seriously panicking. My ideas are relatively unique and I feel stupid for doing what I did. What do you think could be the cause of them not keeping to their promises of returning back to me? They all claim to be busy and that they will get back to me. Should I keep pondering them with my emails? Thank you guys,
I am not a lawyer, this is far from legal advice, but I have some thoughts. First, I personally have never submitted a strategy proposal to an NGO. I have, however, shared numerous strategy documents, business plans, financial forecasts, etc. to investment groups, potential business partners, very big corporations and the like. You have a very common dilemma on your hands. You have information that has business, strategic and personal value that you must share with a potentially enabling entity that has far more resources than you. Further, your lack of relationship and leverage puts you in an uncomfortable 'trust’ position.
It’s important to see there are really two matters at hand here: The real trustworthiness/ethics of the NGO's to whom you sent the docs - and - your own piece of mind, that you've managed your information responsibly. Judge what you do against both of those and you’ll have a framework for balancing the risks and rewards of your actions.
If a clearly stronger firm (by multiple measures) wants to behave poorly with respect to a small firm or person, there’s not much chance it will end satisfactorily for the later as a practical matter. Your actions will not warranty against a situation like that. But there are tactical things you can do (at least, I do) to be diligent about the matter.
Wow, so many words in response to your yes/no question. Apologies.
Yes, I would send another email. I would say that some time has passed, and you haven’t received feedback. That you appreciate they are busy. That the contents of the thing you sent them have confidential value to you (or your firm) and that if you could hear back on their thoughts it would help you know it was in good hands. (I would wordsmith it a bit.)
I would consider adding: Your organization is so well recognized for ______ that feedback from that perspective would be of exceptional value to you.
Like I said, this is a common challenge. My view is that if you measure your actions against the two points I mentioned above, you will do just fine.
However it works out for you, remember getting large organizations to listen to really small organizations is a tremendously valuable skill.
Let me know if I can help.
Do not worry about them disclosing the idea - never worry about things you can not control.
One option is to have a lawyer send them a letter, but will likely kill any potential deal.
Keep emailing them. In sales, the expression is "keep calling/emailing until they serve you with the restraining order". Sales cycles can be very long.
am a university student in one of East Africa's best business schools in Africa doing a Bachelors degree in Entrepreneurship but am failing to generate new ideas within ma country .............wat could be d cause
I know this answer may not be as technical as you may be looking for, but if someone tries to copy you/ steal your idea let them.
Never worry too much about your competition. Just move quickly and move smart, at the end of you'd be surprised at how hard it is to put your vision down on paper chances are that what you gave them was the first irritation of your idea. If you just keep working and pretend no one else is changing you except your customers, you'll always win. ALWAYS FOCUS ON YOUR PRODUCT, AND Company competition is only a reference.
What I am trying to say is at the end of the day, even if you posted your idea on this website or in any other public domain. The worst think that you can get someone trying to COPY your idea, and the thing about copies is that the ink slightly faded on the second page.
Keep working on your idea, if they copy you, you can learn from their attempts to launch and improve your product before it even comes out :)
Did they request your strategy or did you just send it outright? Who are these organizations? They all could legitimately be busy indeed. Are these reputable people you sent your ideas to?
It is always advisable to share the business plan with half info or else it is like giving your fortune at someone's hand without knowing what exactly is going to happen. You need to discuss in detail when you get to meet them..
In India, there are quite a few firms who ask for BPs and they never reply. They review and talk to investors and go further which is not a good thing.
One possibility is that they might be genuinely busy with work. You can send them a reminder email or make phone calls, try to reach out to them in all possible ways and via all medium, if you do not get to hear back from them then I am sorry!