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Not sure where to get more information... (6)

08-25-2012 02:22 PM #1 twoj (Senior Member)
Not sure where to get more information...

Hoping someone here can help!

I thought up of a business idea that has mass appeal. I did a bunch of research and can't find anything else like it at the moment, but it would require a fairly big startup/manpower.

I was thinking about just trying to sell the idea/business plan, but have no idea how to go about it without someone just taking the idea.

I did some research into a patent, but this is for a website/information and not a physical product.

08-25-2012 06:18 PM #2 vidivo (Member)

Can you pm me more details of the actual product? Most people will be skeptical so we need to know if its worth our time...

08-25-2012 06:28 PM #3 twoj (Senior Member)

Quote Originally Posted by vidivo View Post
Can you pm me more details of the actual product? Most people will be skeptical so we need to know if its worth our time...
Oh sorry I didn't mean selling it to someone here, I was just trying to get information on how I would go about selling it to a company or something.

Sorry about that!

08-25-2012 11:42 PM #4 Mr Green (Administrator)

No go on getting a patent for it, without having to actually create it?

08-26-2012 04:02 PM #5 twoj (Senior Member)

Quote Originally Posted by Mr Green View Post
No go on getting a patent for it, without having to actually create it?
So I have done a ton of research after making this thread.

I finally found a few sites that are doing what I thought of, but not as efficient and not with the same features.

I'm thinking about just starting small and trying to make the site myself.

Thanks!

08-26-2012 04:11 PM #6 joshogle (Member)

One of the first rules you learn as an entrepreneur (or, at least I did, in Silicon Valley) is that an idea means *nothing* -- and is worth very little.

Elaboration:
http://thenextbigtechthing.com/ideas-are-worth-nothing/
http://1000lifelessons.com/great-ide...worth-nothing/
http://rogernorton.net/blog/2012/why...worth-nothing/
http://www.quora.com/Startup-Finance...ight-resources

This is why if you pitch an idea to investors, most sophisticated ones won't even sign a non-disclosure agreement (NDA). I never do when investing in small projects, because what matters most to the success of a company is more-often-than-not the team and not the idea.

Elaboration:
http://www.readwriteweb.com/start/20...n-your-nda.php
http://blog.jpl-consulting.com/2012/...sign-your-nda/
http://news.ycombinator.com/item?id=3844893
http://mixergy.com/why-i-wont-sign-your-nda/ (look at reason #4)

In short: you're not gonna be able to sell the idea, so may as well try to gauge interest and JV with someone on it if you don't have the manpower or money to do it. Or, just give it away and make the world a better place, gain some karma points, etc.

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