Your Questions About Internet Business Ideas
Betty asks…
how do I get my great business idea out there for investors to see with out some one taking my idea?
I have this great Internet business idea that has never been done. I know that it is a great idea. How do I get it out there for investors to see without someone taking my idea?
Jere answers:
I would suggest that you make a complete and exact transcription of your idea in complete detail. Print a copy and mail it to yourself via “Certified mail, return receipt requested. Do not open the letter when you get it back. I should contain the date you wrote it and the envelope will remain sealed and will act as proof that you had the idea first. This will be your bonified proof of your claim.
Chris asks…
Is it possible for me start an internet company?
If i don’t know anything about programing, have liitle business knowledge, 22 years old and have a pretty good internet business idea?
Jere answers:
The role of an entrepreneur is to pull together the team needed to satisfy an idea. So really, the skills you need are persuasion skills, networking skills, tenacity and desire. If you have all these, then it may work. Try and refine your idea into a business plan. It doesn’t need to be too comprehensive (unless you’re trying to convince an investor), just focus on the important things like who your target audience are, how your would reach them, and then do some numbers of how much you would (reallistically) make and how much it would cost.
Pick up some business books for some background reading at the same time – the lloydstsb small business book, a marketing book etc. You might want to contact someone like businesslink, who can help in various aspects of business.
You also need to be networking, looking for people with the right skills to carry out at least year 1 of your plan. They need to be convinced by your story, so make sure it at least convinces you first! I find linkedin very useful for finding and maintaining business contact. Good luck.
Daniel asks…
How can trust in business be guaranteed?
I have an internet business idea which I can present only with pen and paper,to a computer expert who can put it on the net.Is there any form of contract I can get that person to sign before I tell/give the idea,that would ensure he/she did not just take it?Something that guarantees 50/50.
Jere answers:
Essentially NO, they could easily make a few changes to your idea and present it as their own, and if you say he’s a computer expert then he could probably afford to hire the lawyers needed to counter-sue you to oblivion if you tried to take it to court too. Your best bet is to just hold onto that idea until early next year, things are too just too hectic this month to take any business prospects seriously. Trust me, wait until at least early january next year, things will become infinitely clearer and you’ll be glad you waited it out.
John asks…
How to create a business with no business experience ?
I have what i honestly believe is a fantastic internet business idea,
i have not got the slightest bit of experience with business,
where do i start ?
Also how would i find out if my idea is as good as i believe it is ?
thanks
I mean how would i find out if my idea is good or not,
not that it is 100% good =P
Jere answers:
At first make a business plan. And do market research for your business.
Mary asks…
how would I go about creating my own website?
I’ve thought of an internet business idea! How would I go about creating a website? Is it free to do?
Jere answers:
I would recommend Frontpage as a “easy” website maker.
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