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How to sell your ideas

Discussion in 'Business, Careers & Education' started by KPO89, May 18, 2011.

  1. DerekS

    DerekS Guyliner

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    good luck pal....ive been pitching an idea for a great product that is a combo dog pop scoop, ironing board, non stick skillet, sandwhich maker, happy ending giver, and coupon clipper. nobody has given me a feckin dime yet.
     


  2. bringusingoodale

    bringusingoodale Senior member

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    Funny, the other day I was talking about a great idea for an app I had.

    But seeing how I have no background in design, software or coding, what good is a good idea?

    Wtf does having a good idea matter? Can one even "pitch" these type of ides? If so, what keeps an software engineering firm from having their coders design and develop the app in about 3 days and eventually make it theirs while I sit and wait for them to "get back to me"?

    Fuuuuuuuuuuuuuuu

    Having a good idea means next to nothing it seems.
     


  3. CouttsClient

    CouttsClient Senior member

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    The "great idea" is largely a myth. If the execution is perfect, the idea doesn't need to be "great". I have found this to be true in my own life. I created my first 3 companies for all less than $1000 at startup. Generally when someone pitches me an idea they haven't gotten off the ground because they lack funds...the idea usually isn't all that great. Great ideas don't make great entrepreneurs. Create something and usually help and money will find you An easy read on this subject from a wealthy man's perspective: http://www.amazon.com/How-Get-Rich-F.../dp/0091912652
     


  4. KPO89

    KPO89 Senior member

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    Funny, the other day I was talking about a great idea for an app I had.

    But seeing how I have no background in design, software or coding, what good is a good idea?

    Wtf does having a good idea matter? Can one even "pitch" these type of ides? If so, what keeps an software engineering firm from having their coders design and develop the app in about 3 days and eventually make it theirs while I sit and wait for them to "get back to me"?

    Fuuuuuuuuuuuuuuu

    Having a good idea means next to nothing it seems.


    Yep...that is exactly my scenario. I guess the only option is to take classes to design them.
     


  5. KPO89

    KPO89 Senior member

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    The "great idea" is largely a myth.

    If the execution is perfect, the idea doesn't need to be "great". I have found this to be true in my own life. I created my first 3 companies for all less than $1000 at startup. Generally when someone pitches me an idea they haven't gotten off the ground because they lack funds...the idea usually isn't all that great. Great ideas don't make great entrepreneurs. Create something and usually help and money will find you

    An easy read on this subject from a wealthy man's perspective: http://www.amazon.com/How-Get-Rich-F.../dp/0091912652


    Having taken the time to read your quote....I suppose I have always agree with that but never thought about it in that way. Great way to put it.
     


  6. CouttsClient

    CouttsClient Senior member

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    Yep...that is exactly my scenario. I guess the only option is to take classes to design them.
    Yes. In order to start I had to do basically everything myself. Even things I had no clue how to do. If you really want to create something, people who would give you money want to see that you can actually create something they can sell
     


  7. michaeljkrell

    michaeljkrell Senior member

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    Vaynerchuk's parting words before opening it up for Q&A: "Ideas are shit. Execution’s the game." This draws applause, but Vaynerchuk doesn't pause. He's, again, fired up. “The next time one of your friends rolls up on you and says, "Oh, crap, they stole my idea," punch them in the fucking mouth." http://www.siliconprairienews.com/20...orning-edition
     


  8. bbaquiran

    bbaquiran Senior member

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    Yep...that is exactly my scenario. I guess the only option is to take classes to design them.

    Is this something you can outsource?
     


  9. oman

    oman Senior member

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    Aren't we suppose to keep the thread shitting to a minimum in this forum?
    no, i think you're confused - we're supposed to keep the shit threads to a minimum
     


  10. KPO89

    KPO89 Senior member

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    Is this something you can outsource?

    I have seen certain companies that offer app development but I am not sure how comprehensive this would be.
     


  11. michaeljkrell

    michaeljkrell Senior member

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    I have seen certain companies that offer app development but I am not sure how comprehensive this would be.

    Put up the project for bid on odesk or elance...
     


  12. Wolfador

    Wolfador Senior member

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    If you do not have any design or programming experience you will probably have to pay someone to create the app for you. It will be hard to find a programmer of quality to do a pure profit sharing when they are doing all of the work and you simply had the idea. I am a part-time iOS developer and people come to me all the time with ideas and want me to build it and split profits 50/50. [​IMG] You might be able to find someone who will implement your idea and simply pay you a 5-10% royalty but it would have to be a really good idea where they can make enough profit to justify that. (Apple already takes 30% off the top on any app sale)
     


  13. coop86

    coop86 Senior member

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    I have seen certain companies that offer app development but I am not sure how comprehensive this would be.

    There has to be a forum or place where you can higher independent programmers to build programs. Just make sure you have a good non-compete agreement that they sign so they don't just clone your app after you pay them money to create it.
     


  14. michaeljkrell

    michaeljkrell Senior member

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    There has to be a forum or place where you can higher independent programmers to build programs.

    Odesk and elance...
     


  15. Cavalier

    Cavalier Senior member

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    The less you develop the idea on your own, the more equity you will have to give away in order to get help. Thus you will be diluting your own interest in the project.

    Also, for app ideas --- I know a college professor who is the former CEO of a big tech company and does a little VC, he's looking to brush up on his programming skills with an App -- I would be happy to pass his info along.
     


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