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Advice on the next big thing
So I want to run a business and think I found what kind business to run. I want to start a company as large as Google and Ebay and as common as your email. Don't mean to be vague but I don't want to give anymore details for obvious reasons. However I don't have much knowledge in computers and none in programming, since this idea of mine will be on the internet. Not much as an experienced business run person either for my experience is lacking in starting a company, per say. I've never managed people much in a business. Nor have I been a project manager for something. I know it sounds ridiculous but realistically I'll probably need several millions of dollars to startup. I'll need to hire business consultants, plenty of lawyers for protection and intellectual property stuff, Accountants, Publicists, a dozen talented programmers and not the least, graphic artists. Eventually down the road marketers, realtor, and the whole shabang to make a business work and run smoothly. I have thought of going to a few Universities and talk to professors about this venture. Maybe ask them to help me select student who would want to help in the project. Personally, I don�t have any concrete ideas where about I should start on this. This forum has folks with broad ideas so any advice?

number 1 if u want someone to invest millions of dollars u'll need an amazing business plan fully detailed step by step, ull need a kick ass advisory board. and lets say u came up with one investors still proly wont give u any money cause ur team consists of u, who has 0 experience in anything and has no money. i have million dollar ideas too man, just keep em to urself. start with something smaller and work ur way up to ur million dollar idea
edit: btw u dont have to start off as a big gun, think of way to do this where u could spend as lil money possible. think of a niche market u can penetrate with ur idea and keep it low cost. then build it. nobody will ever give u the money, i promise u that
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| Originally posted by Vivid Boy number 1 if u want someone to invest millions of dollars u'll need an amazing business plan fully detailed step by step, ull need a kick ass advisory board. and lets say u came up with one investors still proly wont give u any money cause ur team consists of u, who has 0 experience in anything and has no money. i have million dollar ideas too man, just keep em to urself. start with something smaller and work ur way up to ur million dollar idea |
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edit: btw u dont have to start off as a big gun, think of way to do this where u could spend as lil money possible. think of a niche market u can penetrate with ur idea and keep it low cost. then build it. nobody will ever give u the money, i promise u that |
K so basically, you want to make a lot of money, but you have no idea how.
Let's get things straight here.
btw just remember that in most cases if something dosent exist there might be a reason for it.
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| Originally posted by Allied Nations K so basically, you want to make a lot of money, but you have no idea how. Let's get things straight here. |
you have to get it patent then sell the patent to a major company. collect ur riches buy a swimming pool filled with KY and buy 3 high priced hookers
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| Originally posted by Falcon-X btw just remember that in most cases if something dosent exist there might be a reason for it. |
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| Originally posted by trancendental The money is really secondary. The fame third. The important thing is I have the idea. It's an idea that needs to come to fruition. How does one go beyond just an idea. So I think I've "kept things straight" in my original post. |
heres a million dollar idea for u. a cell phone service that is free! and u make money from advertisors. instead of a ring tone u have 10 second advertisement clip when u call someone.
heres another million dollar idea for u. movies u can rent for ur lcd screen in ur car thru GPS sattelite. u download the movie or mp3 for a charge of whatever lets say 5 bucks a movie or a dfollar a song straight to ur car and u can keep ur fam entertained while ur doing that family road trip...
all great ideas, u find the money and the contacts
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| Originally posted by Vivid Boy you have to get it patent then sell the patent to a major company. collect ur riches buy a swimming pool filled with KY and buy 3 high priced hookers |
then just patent the idea and sell the patent to google.
"A Jump to Conclusions Mat! So this mat, it would have different 'conclusions' you could 'jump' to!"
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| Originally posted by Vivid Boy heres a million dollar idea for u. a cell phone service that is free! and u make money from advertisors. instead of a ring tone u have 10 second advertisement clip when u call someone. |
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| Originally posted by Vivid Boy then just patent the idea and sell the patent to google. |
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| Originally posted by trancendental Here's my tibit on your million bucks idea. It'll be annoying. People will get fed up. Secondly, people would opt out of the service because they don't want to hear the ad. They'll just go to another provider that doesn't spam adivertisments. Geez that's your million? I think mine's closer to a billion now |
anyways thats just 2 ideas that play on market trends that will never come into play. i got ideas that im working toards. start small my friend. start small
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| Originally posted by Vivid Boy ur gonna pay 30 bucks a month just to not hearan advertisement? |
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| Originally posted by Vivid Boy anyways thats just 2 ideas that play on market trends that will never come into play. i got ideas that im working toards. start small my friend. start small |
I am majoring in business ata an Ivy League school, so that being said I know a thing or two about how businesses are run. I am actually starting my own web company, but like you don't want to go into further details on this forum. All I can say is that in a year you could learn the fundamentals of starting and running a business. However, you will simply know the textbook way of doing everything. Unfortunately in the real world, the textbook way of doing things doesn't always work. I have no clue what your idea is, but you mentioned programming and Im taking that any idea that involves making a lot of cash and programming is not something you are going to be able to learn to the level you need to be capable of doing (over the course of the next year or so). Anyways, your a step ahead of most larps who aren't smart enough and/or are too lazy to be an entrepreneur.
I work for a bank and have a designated lending authority of $20 million (Canadian funds).
I would be happy to fund your start-up company. All I need are 3 years of your company's previous audited financial statements, I will ask your father to co-guarantee your business for $20 million (and if he doesn't have enough assets we could probably go as far back as your great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-grandfather to secure your loan.
PM me anytime to discuss your proposal! If you default on your loan, however, your idea becomes the bank's property. Sorry about that. 
Aye pretty much what everyone else said. Get a patent, then go door to door to the people who have the processes in place to be able to incorporate it.
Re: Advice on the next big thing
| quote: |
| Originally posted by trancendental So I want to run a business and think I found what kind business to run. I want to start a company as large as Google and Ebay and as common as your email. Don't mean to be vague but I don't want to give anymore details for obvious reasons. However I don't have much knowledge in computers and none in programming, since this idea of mine will be on the internet. Not much as an experienced business run person either for my experience is lacking in starting a company, per say. I've never managed people much in a business. Nor have I been a project manager for something. I know it sounds ridiculous but realistically I'll probably need several millions of dollars to startup. I'll need to hire business consultants, plenty of lawyers for protection and intellectual property stuff, Accountants, Publicists, a dozen talented programmers and not the least, graphic artists. Eventually down the road marketers, realtor, and the whole shabang to make a business work and run smoothly. I have thought of going to a few Universities and talk to professors about this venture. Maybe ask them to help me select student who would want to help in the project. Personally, I don�t have any concrete ideas where about I should start on this. This forum has folks with broad ideas so any advice? |
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