Forums: Discussions for entrepreneurs and small business.

Whats up everyone,(i'm new here)

I'm currently attending college and have new ideas product/services constantly

and when that happens I read up  on the topic and google , bing the topic to death

which gives me an indicator to how good my idea is.

My current business idea is a online educational website in a specific niche

and i have done the following

a)researched whats out there potetiol competition there is basically one large player

b)read blogs and forums on the topic and what troubles users

c) how i differ and why my site would offer a better service

d)my business model.

What is the next step I'm not an educator whats unique is my approach how to give

over the information, which the indusrty leader has started to implement in its study

phase(on there blog) however they are still lacking in other aspects.

what is the next step?

I'm a student with limited funds..no credit history and before i turn to family and

friends for funding how to I prove to them I'm competent and this concept has value if

they say well so and so(wal- mart) is the leader why start

the student who wants to work himself

List the main Unique Selling Points in a presentation and try contacting VCs or other investors. Most of them will give you just a minute to get their attention so make sure your USP is right in front of them in the beginning itself.

Thanx

Does anyone advise boot strapping with an idea like mine  because if id do i wont be able to offer all the unique features that I want to offer.

Or its better to start to fund my self and just grow while adding content features on my own and allowing users to as well to upload content to help?

Which gives allows me to run my own show?