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If i gave a great idea that might make money....

Posted on 4/7/18 at 6:29 pm
Posted by jeffsdad
Member since Mar 2007
23368 posts
Posted on 4/7/18 at 6:29 pm
I think I have a very good idea that could make someone a lot of money. It probably would involve making an app. but from my view would be relatively simple. I know nothing except that its a good idea and would be used by almost everyone. Anyone out there have any clue on what I should do or someone I could talk to? Like I said all I have/know is the ideal.
Posted by Volvagia
Fort Worth
Member since Mar 2006
52355 posts
Posted on 4/7/18 at 6:45 pm to
If the app is as simple as you think, you might want to learn programming and try it out.

Because you’ll spend hundreds of dollars (if not thousands), getting a freelancer app designer.

ETA: actually, you’ll probably be pushed in that direction regardless.

So I guess phase one would be:
1) willing to put your money where your mouth is
2) have a clear view of app functionality and layout placed on a medium (paper or digital)
3) have a clue on how to best monetize it

This post was edited on 4/7/18 at 6:49 pm
Posted by Volvagia
Fort Worth
Member since Mar 2006
52355 posts
Posted on 4/7/18 at 6:51 pm to
LINK /

This site is also a place to hire freelancers
Posted by moneyg
Member since Jun 2006
59332 posts
Posted on 4/7/18 at 6:52 pm to
quote:

you’ll spend hundreds of dollars
Posted by Volvagia
Fort Worth
Member since Mar 2006
52355 posts
Posted on 4/7/18 at 6:59 pm to
If it’s realll simple.

And prices vary significantly depending on where you hire from. You’ll spend that much telling some hotshot out of Silicon Valley your outline.

Idk what he has in mind.

But you are right, before he starts going down that road he needs to know how high it can be.

And if your apps are at the core of the idea, your budget should realistically balloon in the tens of thousands range.
This post was edited on 4/7/18 at 7:02 pm
Posted by bluebarracuda
Member since Oct 2011
18850 posts
Posted on 4/7/18 at 8:49 pm to
quote:

spend thousands of dollars plus a percentage of your company getting a freelancer app designer.


FIFY
Posted by jeffsdad
Member since Mar 2007
23368 posts
Posted on 4/8/18 at 4:15 am to
Naw, not putting no money in anything like it. Though I'm certain it would be a hit, I know nothing about birthing no babies. And too old to learn about things I'm not interested in. And I'm uncertain even an app is what I need.

But thanks for answers!
Posted by Volvagia
Fort Worth
Member since Mar 2006
52355 posts
Posted on 4/8/18 at 8:25 am to
Another possibility is ignore the chic app set up and have it just have it online

Some decent WYSIWYG editors also have mobile optimized additions

Definitely a lot easier and cheaper to DIY than an app based approach.

Granted you’ll lose features like motion tracking and possibility GPS, but idk if they are even relevant to your “idea”
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44330 posts
Posted on 4/8/18 at 8:47 am to
Grindr already exists
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
67869 posts
Posted on 4/8/18 at 11:38 am to
Just tell us what it is and we can help you best from there.
Posted by bigblake
Member since Jun 2011
2536 posts
Posted on 4/8/18 at 6:45 pm to
(no message)
This post was edited on 5/15/18 at 3:27 am
Posted by jeffsdad
Member since Mar 2007
23368 posts
Posted on 4/9/18 at 7:44 am to
What if I say, that I simply want 20% of profits and all I want to do is tell someone my ideal and let them run with it.? I don't want to do any legwork etc., just give the ideal.
Posted by Korkstand
Member since Nov 2003
29000 posts
Posted on 4/9/18 at 9:17 am to
quote:

What if I say, that I simply want 20% of profits and all I want to do is tell someone my ideal and let them run with it.? I don't want to do any legwork etc., just give the ideal.

I'd say 20% sounds like a lot just for an idea.

As someone already mentioned, ideas are basically worthless. All of the value is in the follow through. Odds are your idea is not original. Your idea has almost certainly been thought of, analyzed for feasibility and profitability, and either forgotten or tested at least a few dozen times around the world. Hell, it has likely even made it to production somewhere, especially considering your own assessment that the app would be relatively simple and almost everyone would use it.

So if you can find someone to agree to give you 20% of profits for doing absolutely nothing to bring your idea to life, then you're a hell of a businessman. But if I were on the other side of the table, you would have to put some skin in the game too, whether it's money or time.

You would have a better chance of making some money if you were to hire someone to put together a minimum viable product (MVP), so that you have something more than just an idea to shop around. But if you're not even willing to go that far, then in my opinion your idea can't be all that great.



I'm sorry if this sounds harsh, but it's the truth. Ideas, even if they are original, aren't worth anything. It's all about execution. Facebook was not an original idea.. it was copied and tweaked from MySpace, which copied from Friendster, which copied from something else. Google wasn't the first search engine... Yahoo was big before Google, and before that AltaVista, Excite, etc. Not to mention the basic idea of searching documents is much older than all of them.


Basically there are no original ideas anymore. Execution is the only thing that matters.
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 4/9/18 at 9:42 am to
Why not do it yourself?

I'll partner with you and take over if it's a good idea. This post will be proof that I agreed to a 50/50 deal as long as you put up equal share of expenses.

Deal?
Posted by Korkstand
Member since Nov 2003
29000 posts
Posted on 4/9/18 at 10:05 am to
quote:

I'll partner with you and take over if it's a good idea. This post will be proof that I agreed to a 50/50 deal as long as you put up equal share of expenses.

Deal?

Let me help you out:

quote:

Naw, not putting no money in anything like it.
quote:

too old to learn about things I'm not interested in.
quote:

I don't want to do any legwork etc., just give the ideal.
Posted by jeffsdad
Member since Mar 2007
23368 posts
Posted on 4/9/18 at 10:14 am to
I dont mean to sound lazy, but I have enough on my plate. I simply have an ideal. I think it may make money and I think its something that most everyone would want. I guess I want to sell an ideal. But only make money for it if the person who wants it makes money. I don't know if it will cost $1000 or $100,000 to implement, dont know if it would be an application or something simplier. and I'm not interested in investing anything. Sorry if this sounds a bit off. the few people I have mentioned this to said "thats a really good ideal". Thats all I got.
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 4/9/18 at 10:21 am to
Ok, so if that's the case, you have to give up something. 70/30 split and I'll do the finacing... if its a solid idea

Consider me Mr Wondeful
Posted by jeffsdad
Member since Mar 2007
23368 posts
Posted on 4/9/18 at 10:26 am to
i've already said i'll want 20%....so make it 80/20 and you got a deal (80 is you).
Posted by Korkstand
Member since Nov 2003
29000 posts
Posted on 4/9/18 at 10:32 am to
Will you guys please keep us posted on how this goes?
Posted by jeffsdad
Member since Mar 2007
23368 posts
Posted on 4/9/18 at 10:47 am to
LSU Saint's decision on that, if we get in contact, and he thinks its doable.
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