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anythingelse2016-07-25 23:31:45
Startups
anythingelse, 2016-07-25 23:31:45

How to properly dispose of an idea for a project?

Greetings!
I have a business idea that I want to bring to life. I tried to develop the site on my own, but due to a banal lack of time / effort, I adequately see that its development is almost not progressing. I have been working as a PM for a long time already and I understand the development strategy of this business, positioning in the market, I can predict its payback period, and so on. The idea itself does not require any special investments, except for the promotion of the service itself (that is, I do not need a staff of senior Java programmers and others like them). Investments are minimal, there would be time.
I am considering the following options:

  • outsourcing the whole business. What is embarrassing : there are certain life circumstances that at the moment do not allow me to invest in business development at least an adequate amount from my own pocket
  • offering ideas to familiar businessmen for a share in the business. What confuses : I live in the CIS and the chances that your idea will be listened to and thrown away are very high. In the course of my work, I have not had to deal with the proposal of ideas to investors, so I would like to ask a question here to more experienced people: is there a semblance of an NDA for such conversations and what legal force can it have? How to properly protect your idea legally (I mean the confidentiality of information and its subsequent non-disclosure to third parties / the inability to use it in your own interests)?
  • find a partner who will perform functions similar to mine for a share in the business. What confuses : legally, this project is not formalized in any way, and I see no point in opening an LLC for the sake of the project in the state in which it is now (that is, in its infancy). Plus, I understand that such a proposal will not inspire confidence and interest in anyone, since it is not supported by a notary.

What would you do (or have already done)? I would greatly appreciate any guidance and advice on any of the above issues.

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10 answer(s)
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dinegnet, 2017-03-10
@dinegnet

In the words of an experienced investor
firrma.ru/data/articles/3929
Of course, there are clinical cases when the competencies of a person with an idea are not enough to create a minimum viable product, when at the idea stage they want to get money to hire a team of programmers, marketers and salespeople. Then a modest question simply arises: “Who are you anyway?”.
The author of the idea, the founder - must plow himself.
If you are just the author of the idea, then you are not needed in the project at all.
The maximum that you can is to tell the idea to a person who will light up with it.
He'll put you a case of beer. And leave your idea to implement.
But you should not count on more than a case of beer in gratitude for the idea.

M
murlogen, 2016-11-01
@murlogen

Nobody but you needs this.
And if someone needs it, then only for themselves.
Giving away the project - he will either die or leave you.
Work PM in your project.

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Andrey Pletenev, 2016-08-07
@Andrey_Pletenev

If you yourself don't believe in your idea enough to invest in it, don't expect anyone else to believe in it and invest their time or money.
There are idea banks. Google it. There people share their ideas for free. Post it there and maybe someone will implement it. If your intended service solves a real problem, sooner or later it will happen without your participation. Perhaps even someone has already done it or is doing it right now.

F
fetis26, 2016-07-26
@fetis26

The very idea is worthless.
There is either a working prototype, or a team that can make it. What you can organize, then implement, and then, as usual, look for investors.

B
bnytiki, 2016-11-20
@bnytiki

Without you - the driving force - everything will die.
So if you can't put effort into the project yourself... bury it.
Or give it to someone for free.

I
Ivan M, 2016-07-25
@noby2000

Option 1) without money in any way. You can try to find a developer for a share (from 50 and above), who will believe in the project and will work for free. And what is your role here, what benefit can you bring to the project?
Option 2) There is not a similarity, but an NDA. Non-disclosure agreement. Again, what is your role in the presence of funding? Why can't we do without you? ! It is difficult to find an investor without an MVP. Jur. a person, a company can be opened outside of Russia. Look for accelerators. Poland, Italy, Germany, Latvia.
Option 3) Where is the money?
If you believe - go for it! Come up with an action plan, a development plan. Nothing will be possible without formalization. Although... There are some events where people exchange ideas and look for like-minded people. But for this you need to be open, without any NDA. Forward! Under a lying stone port wine ....

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Peter, 2016-07-26
@petermzg

You are considering all your options from the context of "I'm investing a lot of resources, and maybe it will work."
And people are ready to pay for a good product at the idea stage, look how many crowdfunding platforms have appeared around.
Therefore, the path should be as follows:
1. The minimum investment in the site to create the minimum functionality.
2. Receiving money from a satisfied client in the form of an advance payment.
3. Investment of the funds received in the development of the product.
If the idea is worthwhile, then the money will appear, no - so why spend large resources on it, let it die.

M
Mark Bondarenko, 2016-07-26
@markbond

I will say this until nothing is legally formalized, it is unlikely that anyone will invest their money. You must show your business project, which will bring dividends in the first place. I just put myself in the place of a business partner, I would not want to invest in a dubious business, which, moreover, is not confirmed by any contracts or acts
. In addition, you say that there is not enough time to run just an online store, or something. The way you want to run the whole business project. In addition, the investment of money will be necessary in any case. This is if you are very lucky and someone wants to invest in your idea, making it a startup.
And it is best to look for investors abroad, they are more loyal to such undertakings, in our country everything is more zhlobsky.

L
LegalMill, 2016-10-22
@LegalMill

In short, any of your ideas is worthless until it is embodied in something real and working. Therefore, with your idea (at best) you can count on a tiny share in the business based on it, if someone else who has invested his money and time will realize it.

L
lukoie, 2017-04-03
@lukoie

You need to look for hackathons. There you will find a team for yourself, and make an MVP in just a day or two. There you will also find mentors who will answer your question about what to do with it all. And if you are lucky and the idea is worthwhile, you will even find the first investments and acceleration.
Or look for crowdfunding.
What kind of idea is it, about what?

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