I have a very good idea for a long-term online business but I have minimum resources (especially fund) to start this project not until beginning of 2010... Any suggestion?
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Well,since you have good ideas,you can try to get invest.For example,you can find some VC to cooperate.What's more,ask some friends to joint venture or work together.If your idea is really good,maybe this is not a big problem.
Thanks for all responses.. I will wait until I builf the needed amount.. I am trying to build funds all from my adsense and clickbank earnings and I think I can have it by December.. I won't take money out from my work salary... I want to diversify my CB and adsense earnings...
If your idea is unique then you will success and please just search about your ideas weak point disadvantages
Already done... I have 3 business ideas actually in a row and will start the first one this December.. will start with the one that has a lower budget.. the other 2 will follow and will be financed by the first one... My target is to have my own company by 2013 with at least 5 employees mostly programmers to help me run these websites..
seems you already decided ... good luck then! if it's really a long term opportunity, you will be able to start later and still be able to succeed, although from my personal experience, timing (specially on Internet) is very important, and the first companies in a market position themselves very fast, with minimal initial investments!
Well, I think you will have to find a way to get the sufficient amount of resources to start the project.
Why don't you find some investor to invest in your project. In return,you'll give them some ownership in the new venture project.
Hiding the idea might also kill it with your own hands. I lost a great business model cause of not trusting anyone and someone else did it before me because he trusted someone. So let me know about your idea on my PM then I might be your sponsor.