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Old 11-14-2005, 02:33 PM
JohnnyHumongous JohnnyHumongous is offline
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Join Date: Jan 2005
Posts: 382
Default I Have A Great Idea For A Business, What Do I Do Now?

I have an idea for a type of service. I think it would totally kill and make bazillions of dollars. So what's the problem? Well, I don't know where to take it from here.

I really don't have the means to fully execute the idea by myself at this point in my life. Well, I could, but it would mean having to talk to investors and attempt to raise millions, quit my job and make a full-blown go of it. Talk about risky.

The other option is selling my idea to an established corporation that operates in a similar field and who could develop the business. The problem here is, it seems to me that it would be hard to get intellectual property protection on it because it is a type of service. I don't think it is possible to "patent" or "copyright" an idea for a service. But without intellectual property protection couldn't they just take the idea anyway and not compensate me? What guarantees do I have that I'll get my fair share of any profits?

Anyone with business savvy or experience wanna weigh in? It's much appreciated.
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