If I wanna JV with someone how to protect my ideas ?

9 replies
I have an idea in my mind !! I want to JV with someone and explain to him what i have , this someone will have to do all the work bec i am not qualified to do it , due to a lack in the cash assets , the traffic volume and the skills !!

I just got an amazing idea !! and i am sure it's gonna make tons of money

How to JV with someone and make sure he sends my percentage and never run away ?!

what should be my percentage from the earnings ? how the process should go ?

Excuse me if it's kinda noob but i don't wanna be tricked , i would put it into action if i can!

Thanks in advance
#ideas #protect #wanna
  • Profile picture of the author azgold
    I don't know much about this stuff but I assume that a signed contract and non-disclosure agreement might be a good idea.
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  • Profile picture of the author strikercondos
    It's hard to Sign a contract , i am sure i'll not find someone from my country to apply the idea !
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    • Profile picture of the author azgold
      Originally Posted by strikercondos View Post

      It's hard to Sign a contract , i am sure i'll not find someone from my country to apply the idea !
      I'm just curious....why is it hard to sign a contract? That can be handled digitally these days. Of course, you don't have to tell me, not really any of my business, it just made me curious.

      Are you able to patent or copyright your idea?
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      • Profile picture of the author strikercondos
        Originally Posted by azgold View Post

        I'm just curious....why is it hard to sign a contract? That can be handled digitally these days. Of course, you don't have to tell me, not really any of my business, it just made me curious.

        Are you able to patent or copyright your idea?
        tbh it's a grey hat idea , don't feel like going into something legal !! maybe it's all about trust ! if i can find someone trusted with lots of reputation i wud do it without being scared !
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  • Profile picture of the author Zayne
    Originally Posted by strikercondos View Post

    I have an idea in my mind !! I want to JV with someone and explain to him what i have , this someone will have to do all the work bec i am not qualified to do it , due to a lack in the cash assets , the traffic volume and the skills !!

    I just got an amazing idea !! and i am sure it's gonna make tons of money

    How to JV with someone and make sure he sends my percentage and never run away ?!

    what should be my percentage from the earnings ? how the process should go ?

    Excuse me if it's kinda noob but i don't wanna be tricked , i would put it into action if i can!

    Thanks in advance
    In a word, NDA.

    Or non disclosure agreement. Its a legally binding document and you find templates on DOcstoc or other similar sites!

    Bear in mind, if you do not have the skills to implement what you have, the experience you will gain from doing a joint venture with someone who can make it work for you is more invaluable.

    Remember to learn something that develops you personally is invaluable, it cant have a price tag on it!

    Zayne
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    • Profile picture of the author strikercondos
      Originally Posted by Zayne View Post

      In a word, NDA.

      Or non disclosure agreement. Its a legally binding document and you find templates on DOcstoc or other similar sites!

      Bear in mind, if you do not have the skills to implement what you have, the experience you will gain from doing a joint venture with someone who can make it work for you is more invaluable.

      Remember to learn something that develops you personally is invaluable, it cant have a price tag on it!

      Zayne
      Thanks for your reply man , but i mentioned there is a lack of cash assets !
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      • Profile picture of the author Zayne
        Originally Posted by strikercondos View Post

        Thanks for your reply man , but i mentioned there is a lack of cash assets !
        You dont need cash assets, just someone who has cash assets to put up in exchange for % of sales.

        However if you have NO CASH be prepared to front up plenty of cash in % wise.

        Nobody likes to give out money without a guaranteed returns!

        Zayne
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        "Being Successful is A State of Mind - Thinking Successful = Being Successful"

        www.newageonlinebusiness.com - Who Else Wants to Make $1000 a week online?

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  • Profile picture of the author strikercondos
    Sure , thanks for your advice but still the question , how to avoid getting scammed !
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    • Profile picture of the author Zayne
      Originally Posted by strikercondos View Post

      Sure , thanks for your advice but still the question , how to avoid getting scammed !
      Stick to known JV brokers, you can find them via a quick google search, or have you actually tried approaching people you know offline?

      This is how I launched my first product, it was simply asking a friend for a loan which I would pay back within 3 months or so.

      I ended up paying him back in 2 weeks!

      Zayne
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      "Being Successful is A State of Mind - Thinking Successful = Being Successful"

      www.newageonlinebusiness.com - Who Else Wants to Make $1000 a week online?

      www.dollarzayne.com/free-offer - 43 Businesses You can Own Today - FREE!

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