What Do Consumer Privacy Concerns Mean for Entrepreneurs?

From Heartbleed to the NSA, there are a lot of headlines these days about privacy — and whether we even have much of it left to protect. What we know for sure is that consumers are giving away a lot of information (especially online), and they're starting to wonder how safe it really is.

The big question is, will consumers soon demand more from the businesses they frequent (online and off)? How will that impact the way we work? I asked a panel of 10 successful founders to predict what impact privacy concerns will have on entrepreneurs. Their answers are below:

1. Cookie concerns

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— Patrick Conley, Automation Heroes

2. No major impact

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— Janis Krums, OPPRTUNITY

3. Government intervention on privacy Laws

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— Pablo Palatnik, ShadesDaddy.com

4. Less consumer information

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— Phil Chen, Givit

5. Healthcare-specific concerns

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— Shradha Agarwal, ContextMedia

6. Private and public information-sharing forums

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— Rameet Chawla, Fueled

7. Consumer control of their own data

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— Stephen Ufford, Trulioo

8. Additional insight for companies

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— Daniel Wesley, DebtConsolidation.com

9. Increased challenges for advertisers

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— Michael Seiman, CPXi

10. Apps that don't store users' data

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