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jthomas086121

posts: 20

Oct 22, 2007 3:21 PM ET    Quote  Report Abuse
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I always seem to come up with ideas for creating new businesses.  I also come up with a lot of solutions to existing business problems. 

 

For example, a friend and I were talking about how hard it is to move after college and start our social lives over.  Off the top of my head I said their should be an organization within every city that brings newcomers together, hosts events,  and is a resource for things like setting up doctors, DMV, churches, etc. That way new residents can get acclimated to the city.

 

I come up with things like this all the time, but have neither the time, money, or desire to actually do them myself.  What I would love to do is sell my ideas.  I am wondering in there is a business I can start just coming up with ideas.  Is there a market for this?  Would VC’s buy ideas if I could find the human resources to run them?

 

Can anyone please help me with this?  

 

While I am on the subject it has come to mind that this could perhaps spark a synergistic discussion.  Is it possible for their to be a whole new way of starting entrepreneurships?  One were all you do is supply the idea, bring in investors for the seed money, and match all the operational functions up with qualified candidates who can produce the final product. 

 

It`s sort of like having the blueprints for a house.  Find the investors to get the money  to put the home up and then contract out  all the work to get the final product.  Once the project (or home for the example) is finished, turn it over to the investors so they can make profit.  We make our money as either an initial fee or a certain percentage of sales for the first X years.

 

Any thoughts on this?

CraigL

posts: 9051

Oct 24, 2007 3:36 AM ET    Quote  Report Abuse
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Pretty much nobody cares if you have an idea and want to sell it. Ideas are so cheap, they`re lying around everywhere.

The key here is that you say you don`t have the time, money, or interest in putting these ideas into practice (as a business) yourself. Someone else will.

On the other hand, if you really think a particular idea would work, there may be a chance you could get a percentage of the idea if you first develop it. To say, "Gee, someone oughta put a business together that does...." means pretty much nothing.

Instead, you would want some sort of "proof of concept." That might be in the form of a written business proposal with details as to how it might be organized, and some kind of market research to determine potential revenues. With a plan like that, you might get someone interested in financing it. But then...who would actually implrement the business?

When someone does implement that business, who would they report to, you? If so, then you`d be an integral part of the emerging business, in which case you`d have to come up with the time and interest. Otherwise, how would you know if your specific plans were being put into play, in exactly the way you proposed?

You`d have to be able to prove that, otherwise how would you enforce your "right" to a percentage of the revenues?
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