Business Ideas

United States
November 1, 2006 12:38pm CST
About once every three months or so I get a unique business idea that can be turned into a lot of money. The problems are A)it is never in the same field twice, B) I have no money to follow trhough on these ideas, and C) my follow-through just plain stinks. But the ideas are really good. I have given some of them to friends whose businesses have taken off. While the friends are nice and all, I know I can make money if I can find someone to purchase these ideas directly. So how do I go about finding this person/people?
2 people like this
5 responses
• Canada
1 Nov 06
Have you considered partnering-up with someone? I know of many successful businesses that are owned/managed by partners. One tend to be the "planner/project manager" while the other it the "thinker/creative inspiration". There are many small business centres that could help you out with funding provided you present a decent business plan. (This is where a partner would come in.) Why not just try it-even if you don't go full-on into it with a business loan, etc. you'll at least learn the basics, and perhaps it will benefit you down the road?
• United States
1 Nov 06
If you have a solid business plan and are only lacking the funds necessary to achieve your goal then I suggest going to www.prosper.com to look for financial backing.
1 person likes this
• United States
1 Nov 06
I don't have the follow-through to make a business work though. I don't know why, but something is missing every time when I try to do it, but if I give my idea to someone else, it flourishes. I can help anyone develop a business plan, but I've never done so myself (successfully).
2 people like this
• United States
1 Nov 06
Maybe you should consider business school then. I had a friend who had a great idea for a business once. He had no money to market the idea. He went to a friend with money and told him that he would let him have the idea if he took him to Europe if the idea succeeded. The idea succeeded and my friend has traveled all over the world since. He never had to do anything with the idea himself.
1 person likes this
• United States
1 Nov 06
Not a bad idea but right now I am the bread winner for my family and I cna't take time away from it long enough to attend a school. Heck, I'm lucky to have time to shower right now.
2 people like this
@vipul20044 (5793)
• India
2 Nov 06
Well you will have to talk to your friends or people around you interest them with your ideas and then the main thing is you convincing them! It will work
• United States
2 Nov 06
The only problem with that is, some of the ideas are so simple, to talk about them at all would be to give them away.
1 person likes this
@marciascott (25529)
• United States
1 Nov 06
I have this invention but I don't know how to go about it I have the same problem. they say you can get funds from goverment I don't know?
• United States
1 Nov 06
Not exactly. But you should patent it, then you can take it and present it to businesses to produce for you.
1 person likes this
@ChewySpree (1832)
• United States
1 Nov 06
Knowing your strengths and weaknesses is over half the battle. Since your strong suit is idea generation, I think you should partner up with someone who isn't very imaginative, but is good in designing a solution and/or executing a plan. If you could partner up with 2 or 3 people whose skills complement yours, it sounds like you could make it work.
• United States
1 Nov 06
*nods* so know of any of those 2-3 people out there that are trustworthy? Generally the ideas I have turn into full-blown businesses. I wish I could just say to someone "I can't tell you what this idea is unless you give me 2% of the gross from the business that you will start from it." Unfortunately people don't buy ideas like that, unheard.
1 person likes this
• United States
1 Nov 06
I see where you're coming from, and I wish I could help. You could always hire a lawyer to draft a non-disclosure agreement with a non-compete clause for you and use those to shop your ideas around. Or, rather than just trying to find a stranger to purchase your ideas, you could build a relationship with 1 or more people who complement your skills. If you don't already know people who might fit the bill and be interested, you could always join a club (Rotary, Lion's club, etc.), or an investment club, or you could pitch your ideas to venture capitalist groups, even.
1 person likes this
• United States
1 Nov 06
You have been a lot of help. Thank you. I'll be talking to a friend of mine who has the right kind of head for business soon. Maybe we can work something out.
1 person likes this