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Would this idea only work in America?

 
 
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Drachsi
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PostPosted: Mon Jan 24, 2011 6:30 am    Post subject: Would this idea only work in America? Reply with quote

I have a business idea, which at the moment is not available on the Internet. It would need a small team to complete development, but then has the "potential" to grow to tens of millions of users.

This would demand server hosting and resources. In Europe it is almost impossible to get funding for a new un-tried idea.

How would you finance something Facebook, Twitter, Flicr, YouTube in their early years? It seems only the Americans can see the financial possibilities, and can make ideas happen.

Regards

Drachsi
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Kay
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PostPosted: Mon Jan 24, 2011 12:52 pm    Post subject: Reply with quote

A lot of the major British entrepreneurs - the Dragons, Richard Branson et al - have websites where you can pitch your ideas to them. That might be worth a shot.
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adigaskell
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PostPosted: Mon Jan 24, 2011 2:07 pm    Post subject: Reply with quote

Try a business angel Draschi. Granted it isn't as large or as established as the venture capital industry in Silicon Valley, but it should get you started.

http://www.businessangelsuk.com/
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Drachsi
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PostPosted: Mon Jan 24, 2011 2:32 pm    Post subject: Great Info. Reply with quote

Thanks to both of you for the suggestions. An idea is one thing and getting to work is another. Then comes the commercial side, ie. business plans, marketing plans, etc. These can take longer than getting the idea to work.

I followed the link which was a great introduction to the Angels.

Drachsi
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adigaskell
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PostPosted: Mon Jan 24, 2011 4:03 pm    Post subject: Reply with quote

My take on business plans here. Suffice to say I'm not a fan.

http://www.managers.org.uk/practical-support/management-community/blogs/business-planning-waste-time
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adigaskell
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PostPosted: Tue Feb 01, 2011 4:15 pm    Post subject: Reply with quote

You could also try something like www.kickstarter.com
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paul
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PostPosted: Tue Feb 01, 2011 6:24 pm    Post subject: Reply with quote

You might also find http://www.bbaa.org.uk/ useful reading.

Can I just point out though that lots of us have those ideas... I would imagine that any serious investor would like to see you commit a significant portion of your own funds - as well as blood, sweat and tears - into such a project if you're to gain any backing. Is that something you're prepared to commit?
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max steve
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PostPosted: Mon Dec 19, 2011 8:56 am    Post subject: Would this idea only work in America ? Reply with quote

I have some business plans too.So please do share with me .I hope we could lead this at global level together.
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