How does an average Joe wth an idea for a billion $ company get his idea off the ground with no start up money

Answer 1

look for investors

Answer 2

If its a really good idea and unique you need to prepare a business plan outlining all the financial projections and costs involved in the venture as well as information on your idea and how you plan to market and sell it, market projections, demographics and research information all this should fit into about 10 pages maximum as nobody will want to read any more than that, and make sure you plan is neat and tify, bound profesionaly, free of spelling and grammer errors and reads easily and like a story with a well defined start, (the idea itself and some information on it) middle (marketing, sales projections, research etc) and end (costs to start and how much you need).

You can find information to help you with this on the internet or ask a friend with an MBA to help you out.

Refrain from telling anyone about your idea at this point if you can, it is a good idea to speak to an IP lawyer about protecting your idea and securing a monopoly via Patent if its an Invention.

Once you have a great looking business plan you need to approach the banks, venture capitalists, wealthy individuals, family members for start up capital, you will often have to leave the plan with them to read and pass around in their on time so make sure you get quite a few printed up and bound.

The banks will probably ask you to put up your house as collateral on the loan so be prepared for this, the VC's will want a share in your company and profits, they will also try to interfere in how you run your company but this is not such a bad thing, VC's are experts in business and you will need all the help you can get at the beggining.

If you know any people with too much money and nothing to spend it on you might consider speaking to them about some investment, but dont bother trying to speak to people you dont know they will nto be interested unless you idea is truly mind blowing.

One thing to remember is that as it concerns money you have to be prepared to be rejected, again and again and again, but if you truly believe in your idea then others will too so dont give up, believe in yourself and your idea and go for it.

Best of luck.


Oh, and one last thing, you can never borrow too much when your starting up, whatever your costs come to add a generous percentage to it for unforseen expenses and slush fund.

Answer 3

that could be rather cool if all of that were plausible, notwithstanding it takes better than only an theory to get that off the floor. an theory has to sponsored up by using modern accessible technological understanding. then you honestly devise the tactic at which scientifically all of which will be plausible. then you honestly can patent what you've. also, you may want to think about moral implications to cloning and keep in recommendations modern legislations. that is a tremendous theory, yet probably no longer one which will sponsored financially or with mass help (a minimum of no longer on the prompt....who's easily-known with what 15 years will take us although?).

Answer 4

Check out different Venture Capital firms. If they like your idea, they'll fund you in exchange for a share of your company.

Answer 5

i'm one of those, i've had many an idea but don't have the funds or the spark to start them off.

Good luck

Answer 6

without money not sure ??? and how with no money??? maybe u might get lucky and win th elotto lol um try one of those computer things get rich fast they work !!!! =]

Answer 7

Check out http://emoney.ztweb.biz/

Answer 8

odd question, and um hi.... oh my question from the "boys.....?" question, i 4got to fill it in was "who thinks the FSU Seminoles are gonna do ok"

Answer 9

Me Too!

Answer 10

yes, i have great ideas too, anyone can help me