I just had an awesome idea but I don't have a clue what to do

by TheGodfather

Posted: 14 years ago 15 replies

INTERNET MARKETING

Ok here is the thing:

I've thought of the perfect business guaranteed to make millions (an offline business). But my country does not permit me to open up a business since I'm a student. And also to open up a company I'd have to have $50,500 just to begin with.

Now since I'm extremely short on cash, I taught I'd sell the idea to someone. But I don't know to who, or where can I sell such an idea.

Does anyone have an idea of such sites?

#awesome #clue #idea

Melodican 14 years ago

Before someone buys it, I'm sure they'd have to know the in's and out's of it to assure it has profitable potential.

How long is it until you're old enough to start your own business in Croatia ?? I thought it was part of the E.U. and regulation free ??

Never stopped Branson with his school magazine ;-)
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- KenJ 14 years ago
  
  You need a very trustworthy Joint Venture partner from another country.
  
  I would plan a long holiday outside Croatia and look to meet marketing experts who can help you. This assumes you really do have a great idea
  
  kenj
  
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InternetMarketingIQ 14 years ago

I've taught of the perfect business guaranteed to make millions

taught = thought? and in thinking not teaching? And yes I realize you are not in the United States.

And Guaranteed by whom?

Ideas mean nothing.

In the 80's I had a great idea... which I'm sure others had.

Wouldn't it be great to be able to just watch any movie you wanted at any time? Just click on the remote and select to start and stop it whenever you want.

We are still not completely there.

Some ideas will always be that until the right people step in with the Capital to make them happen.
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Heidi White 14 years ago

Yeah - and don't share your idea online, or in an email, over the phone, or even in person until you have the Non Disclosures Agreements signed and other serious Non Compete protections in place.

Even with those, be careful.

Brilliant ideas aren't worth anything to you if someone else implements them without cutting you in.

Go ahead - try and sue them - they'll be laughing their happy rich butts off all the way to the bank.

P.S. - It's "Thought" not "taught'- fyi....
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LocoDice 14 years ago

'guaranteed' to make millions? wow!

it might cost $50,000+ for an incorporated company, but maybe you can start a smaller business yourself in your name as the sole proprietor?

I really doubt every guy that have tiny businesses in Croatia have coughed up $50,000 + each.
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LocoDice

14 years ago

I want to add as well, if your business knowledge suggests to you that you need to get a company registered first before you move on an idea.. i'm sorry, but you are no entrepreneur.

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TheGodfather

14 years ago

Originally Posted by mkterbynite

I want to add as well, if your business knowledge suggests to you that you need to get a company registered first before you move on an idea.. i'm sorry, but you are no entrepreneur.

The thing is: by international law, you can not protect an idea until it's turned into a real business, or product.

I really doubt every guy that have tiny businesses in Croatia have coughed up $50,000 + each.

yeah they had. We have a bad government ruled by thief's so the laws follow.

That JV idea sounds great. But I would have to negotiate terms with my partner so i get a fair share of the money involved.

And yes the money is guaranteed, it's a business offer that would be very hard to resist.

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TheGodfather

Perception is reality

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WD Mino 14 years ago

Originally Posted by TheGodfather

The thing is: by international law, you can not protect an idea until it's turned into a real business, or product.

I wasn't aware of that can you point me to the resource on this I am interested to read My understanding though I am not a lawyer is that international copyright pertains to any intellectual property and that right is there immediately no matter whether it is online written a picture or media or whatever medium I would be interested to read this so I can see the difference they are referring to
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TheGodfather 14 years ago

The thing that you are saying is intellectual copyright law. And by that it is meant that an artwork, a book, software etc. may be copyrighted since they are the "idea" transformed into a "product"... Thus it is possible to protect your "idea" but as a product.

Lemme just find the resource in my history and I'll post the link.
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TheGodfather

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TheGodfather 14 years ago

Here is the link that will explain the Intellectual property law, as you will see by dividing it into the 2 basic parts non of them contains "Thought" as a valid property.

What is Intellectual Property?

Thus you can not put a copyright on it.
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TheGodfather

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- Kay King 14 years ago
  
  No idea comes with a guarantee - only with an anticipation of what could happen. And you are correct - you can't protect "ideas". However if you could turn the idea into a prototype that might be different. It is in the US but don't know about other countries.
  
  What you might do is work on the idea to turn it into something real by defining the process and steps that will be required and then begin looking for a partner. If you are saying you need $50k+ before doing anything, that will be difficult. You may not be allowed to open a "business" right now but nothing can keep you from working on an "idea" and preparing for the time when you can do business.
  
  If I had one great idea and could not pursue it for a couple years, I would carefully research to see if there was anyone else using that idea, what products that would compete with me, and whether there was a public demand for my idea. If all of that seemed to point to real potential - I'd probably wait a couple years and then take it on myself.
  
  kay
  
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TheGodfather

14 years ago

Thanks for the input... Kay

I'll have to think more on what I'm going to do with this. Perhaps if i create a business plan then perhaps I can put a copyright on that, since it is a document.

Any thoughts if that is possible, copyrighting a business plan?

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TheGodfather

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digigo

14 years ago

Originally Posted by TheGodfather

sell an idea? a concept? no way.. copyright a business plan? they do not even go together..

idea is dime a dozen.. have you not heard of it?... not to damp your enthusiasm .. but that is the truth.. good idea is merely a start in profitable business... the best bet is you create a patent and sell it for royalty even that still very iffy no matter what country you are in...

my advice: try to find angel investors and start building it and get customers and market shares before any one else does...

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Mike Adams 14 years ago

use Find Angel Investors
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zoobie 14 years ago

hmmm, get someone that you trust but be prepared to have a NDA in place or consult some friends on a law issue before you disclose the idea out.

But still in reality there is risk that your ideas will be stolen and you will not make anything out of it..

May be there are some business chambers start up fund in your country that can help you
out?
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I just had an awesome idea but I don't have a clue what to do

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