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Old 07-31-2005, 03:15 PM   #1
chase
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If you had a great idea..

but no capital to make it happen..who should you talk to about investing or partnering with the least worry that they would steal your idea before you have the chance to make it happen?
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Old 07-31-2005, 03:16 PM   #2
Dalai lama
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keep the idea till you have the capital to make it happen.
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Old 07-31-2005, 03:19 PM   #3
axelcat
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Quote:
Originally Posted by Dalai lama
keep the idea till you have the capital to make it happen.
thats actually the best way to do it
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Old 07-31-2005, 03:21 PM   #4
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Take out a loan, perhaps? How much capital are you thinking?
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Old 07-31-2005, 03:26 PM   #5
chase
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Quote:
Originally Posted by NaughtyAlysha
Take out a loan, perhaps? How much capital are you thinking?
There's no way I'm going to be able to get a loan. The divorce and my ex have shot my credit to shit...

I'm not exactly sure on a number, I'm researching all of that right now, actually. I want to have a prospective biz plan for the idea/project/biz so I'm gathering all the info I need to do that. I think probably $10,000-15,000...but that's a guess.
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Old 07-31-2005, 03:36 PM   #6
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Quote:
Originally Posted by chase
There's no way I'm going to be able to get a loan. The divorce and my ex have shot my credit to shit...

I'm not exactly sure on a number, I'm researching all of that right now, actually. I want to have a prospective biz plan for the idea/project/biz so I'm gathering all the info I need to do that. I think probably $10,000-15,000...but that's a guess.
You can't "guess" if you expect someone to take you seriously.

Do all of the research needed. Create a good solid plan. Do tests if you need to. Once you have every detail worked out, then worry about finding someone to invest.

The guys above said something about waiting until you have the capital. I disagree. If you wait too long you'll just end up screwing yourself.
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Old 07-31-2005, 03:39 PM   #7
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NDA NONCOMPETE
end of story
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Old 07-31-2005, 03:42 PM   #8
chase
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Quote:
Originally Posted by Sly
You can't "guess" if you expect someone to take you seriously.

Do all of the research needed. Create a good solid plan. Do tests if you need to. Once you have every detail worked out, then worry about finding someone to invest.

The guys above said something about waiting until you have the capital. I disagree. If you wait too long you'll just end up screwing yourself.
Sly, I just said I'm researching for a biz plan....I was guessing to give Alysha a ballpark figure.
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Old 07-31-2005, 08:17 PM   #9
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Quote:
Originally Posted by chase
There's no way I'm going to be able to get a loan. The divorce and my ex have shot my credit to shit...

I'm not exactly sure on a number, I'm researching all of that right now, actually. I want to have a prospective biz plan for the idea/project/biz so I'm gathering all the info I need to do that. I think probably $10,000-15,000...but that's a guess.
Feel sorry for you man. Anyway goodluck on your proposal just in case.
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Old 07-31-2005, 08:29 PM   #10
Stacey_JoinRightNow
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Or you could find someone whom you could be trusted?
Perhaps a friend who could help you out, a loan will be too a good idea...
Hopefully things will be okey for you! Good luck!
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Old 07-31-2005, 08:34 PM   #11
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Have your laywer look it over first and then look for investors
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Old 07-31-2005, 09:23 PM   #12
webcrawler
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Quote:
Originally Posted by Dalai lama
keep the idea till you have the capital to make it happen.
Best thing you could do right now. If you think that idea will shoot sky high, then its better to keep it to yourself.
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Old 07-31-2005, 09:40 PM   #13
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$10K to $15K usually puts you out of the angels network. Its too small an amount.

You're better off scrounging capital from family, friends, and people you already know and have a relationship with.

Ask your doctor or lawyer. They always have extra cash.
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Old 07-31-2005, 10:04 PM   #14
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Saving up $10 or $15k might not take too long... even if it takes 10 years, it will be worth it in the end to do it yourself if you can

Trust nobody
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Old 07-31-2005, 10:10 PM   #15
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save up and do it yourself.
once you have an investor, you have a partner.
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Old 07-31-2005, 10:13 PM   #16
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Quote:
Originally Posted by JuiceMonkey
NDA NONCOMPETE
end of story
hasn't anyone else heard of a non disclosure agreement?
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Old 08-01-2005, 12:03 AM   #17
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Originally Posted by webcrawler
Best thing you could do right now. If you think that idea will shoot sky high, then its better to keep it to yourself.
exactly, let the treasure be kept secret for now!
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Old 08-01-2005, 12:08 AM   #18
tungsten
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take out a business loan once you know the exact figures
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Old 08-01-2005, 12:26 AM   #19
je_rome
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i say you keep it, work on it further, i mean polish it until you have enough capital to do it..
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Old 08-01-2005, 12:28 AM   #20
DirtyProfits
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I have two ideas right now but I won't tell anybody before I have the capital for it
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Old 08-01-2005, 12:49 AM   #21
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sell your idea for 20% from deal, I think 20% better then nothing .......
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Old 08-01-2005, 01:12 AM   #22
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Keep the idea. Start working on other stuff which will help you make money towards your project. By the time you got enough, you'll have come up with a shitload more of better ideas.
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