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Pitch your best IM idea HERE!

by Andrew Skelly
20 replies
I have been toying with the idea of developing a website idea for about 6 months now.

My concept...

I absolutely love shows like Dragon's Den and Shark tank where people come pitch their business and invention ideas in hopes of getting financing or a high profile partnership.

So I was thinking wouldn't it be cool to offer a website where people could upload videos of them pitching their Ideas and concepts.

I've already got the domain PitchYour As in to Pitch your...website, business, book, movie or save the world IDEA! People would rate their idea and give feedback.

Any Input, suggestions would be appreciated.

or perhaps you would like to Pitch your idea here and let others rate it.
#idea #pitch
  • Profile picture of the author Sarah S
    I think that on paper, the idea of people getting together to brainstorm new ideas and form business partnerships is nice.

    However, you're going to have to contend with the trust factor. Unfortunately, the internet is not a safe place for posting your blueprints and plans, and many people have had to deal with their ideas getting stolen and used by others, even within this forum.

    The best advice that can be given to someone who doesn't want their ideas stolen, is to keep their ideas to themselves, or to only share them with a few people that they know well and can really trust.

    If you can find a way to address this issue and somehow protect the content, then you might be on to something, but if not, the reality is that you might have a hard time convincing people to participate in a website where they will be advertising their ideas, at the mercy of strangers whom they may or may not be able to trust.

    Just a few thoughts! :rolleyes:
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    • Profile picture of the author Andrew Skelly
      Excellent feedback Thank you...

      I have long witnessed the mentality of hoarding ideas. Fortunately I do not share this philosophy.

      Member ProfEFI just posted a thread regarding being ripped off of his new plugin. I say that openly sharing your ideas in a forum or public arena on the net stamps your ownership on it.

      If someone is inspired enough to act on it I say all the power to them. How many times have we come up with a great idea for a new product or service only to see it come out on the market just a few months later?

      Thats just the way it goes... The way I figure it is if it works for Dragon's Den, Shark Tank and America's Next Inventor why wouldn't it work on a website?
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  • Profile picture of the author SocialMediaOwls
    Where Sarah S makes a good point....I'm never at a loss to talk biz ideas and brainstorming with people as I know that 99% of the future success of that idea is going to be the pure sweat and muscle I'm going to be putting into it....

    Most people don't get past the "great idea" phase and when the rubber meets the road, the bus runs them over.

    I like your idea
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  • Profile picture of the author Tim_Carter
    I think Sarah hit it on the head in this community.

    When I have a great idea the last thing I would do is share it here before implementing it.

    This refers to ideas for profit only. I am always willing to help out.
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  • Profile picture of the author marcuslim
    Well, it's not the person who comes up with the idea, but the person who implements the idea who actually owns it. The fact is that 99% of people who come up with ideas never do anything with them...
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    Silver Bullet Publishing

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  • Profile picture of the author Tim_Carter
    As a follow up to that - if someone posts an idea here that I like I will implement it in a big way. So think about that before posting something you are thinking is a great idea and want to implement.

    You can't own an idea.
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    • Profile picture of the author Andrew Skelly
      Wow...thanks for all the great input.

      The truth is if someone has a great idea and see's a clear path to accomplishing it, they'll keep it to themselves.

      If someone hears a great idea and see's a clear path to accomplishing it. they'll steal it in 2 seconds. (in most cases)

      I think you all raise great points and I'd say you're all 100% right!

      Jill..If you can remember the name of that site, i'd appreciate knowing. And also good point about having to offer something of value.

      Any ideas?
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      • Profile picture of the author Jill Carpenter
        Originally Posted by Andrew Skelly View Post


        Jill..If you can remember the name of that site, i'd appreciate knowing. And also good point about having to offer something of value.

        Any ideas?
        I believe it was Idea Blob - which appears to have disappeared?

        ideablob.com (ideablob) on Twitter


        Ideablob says “Goodbye”
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  • Profile picture of the author drmani
    Originally Posted by Andrew Skelly View Post

    Any Input, suggestions would be appreciated.

    or perhaps you would like to Pitch your idea here and let others rate it.
    Here's my BIG idea.

    Get a core team of Warriors with investment capital - The Dragons, if you will.

    Advertise the total capital available, and invite pitches to be submitted for
    analysis.

    Conduct either a webinar or recorded telephone conference call showing the
    decision making process going on - and let others download/listen in.

    After a couple of ventures get funded, you'll see a spike in interest and
    submissions come flooding in.

    Or not

    All success
    Dr.Mani
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    • Profile picture of the author Andrew Skelly
      That is a fantastic idea Dr.! And I know a couple of top drawer warriors who may be interested. Any other takers?
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  • Profile picture of the author Mukul Verma
    I am in to help
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    • Profile picture of the author Andrew Skelly
      Wahooo...Mukul Verma just messaged me to say he's "IN". And wants to be apart of the selection commitee. Any other TOP SHELF IM'ers want in?
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      • Profile picture of the author Bill Farnham
        As a person who spent a few decades in product design I can see the potential.

        I can also see a few pitfalls.

        One thing to keep in mind is that for certain ideas to take hold as products in the marketplace it takes a tremendous amount of capital to keep the ball rolling. Especially if it is a physical product.

        One of the keys to ultimate success is to have the proper Intellectual Property Rights in place before moving ahead with any public offering of the idea. This is paramount for many reasons, but I'll just point out a few specific ones that may not be common knowledge...

        The time limit. You have one year from the date of a public offering to file for certain types of IP rights such as Patents. You also need a documented journal of all your discoveries, improvements, and iterations of the idea in order to secure you IP rights. Fail to have those and you're toast.

        Part and parcel to that is documentation of all known persons or entities that have been privy to your ideas regarding the product. This is especially critical to your securing funding for the project in the later stages. Few people or businesses focused on investing in such things will give you the time of day if you can't document how you have protected your concept ideas. And without that help it's a major uphill battle to grow to any substantial reach.

        Here's the bottom line...dispite common lore, a good majority of inventors fail to monitize their inventions. What is common is for them to do a lot of the homework while someone in a more capable position capitalizes on the idea.

        Now, the above is devoted more toward physical products, but a lot of it can still have relevence regarding non-physical manifistations of ideas.

        You can't just go around throwing out your ideas expecting some benevolent force to reward you for your work. Ain't gonna happen.

        ~Bill
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  • Profile picture of the author Brad Gosse
    I am in to be on the selection committee. I like the idea and Andrew knows how to throw good events (sometimes he wears bunny suits).
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  • Profile picture of the author Andrew Skelly
    Yeahhh Brad Gosse is in! That's a pretty solid team to start with. Warrior's idea Den coming to WF soon.
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