Let's assume I have a million dollar idea

Let's assume I have a million dollar idea.
What is the next step? Do I need to get it patented? Or is there an alternate route that works?

Also, can you pitch your ideas to try and sell them to big companies or does that only happen in movies?

Apologies if this thread comes up a lot. I'm not a Veeky Forums regular.

Throw it away and move on. Ideas alone are worthless. If you have an audience, a capable team, the means of production *and* an idea, you're golden. But the idea without any clue of how to implement it is utterly useless. We all have great ideas.

If you seek a patent, your "idea" has to be more of a prototype. You can only patent an actual technical (!) innovation and you have to submit specific plans and instructions.

You could pitch ideas safely if you have them sign NDAs before. But I've dealt a fair share with VC in my time and the general sentiment is that meetings that start with an NDA are rarely investment-grade. The people worth investing in speak confidently, because they know they're the only ones who can make this work with their kick-ass team and specific expertise and experience. And they often have a working alpha, if not a public beta they want to roll out large-scale. Proof of concept is the absolute bare minimum if you want someone to hand you money.

Having a "kick ass team" isn't a luxury we all have.
How do people become entrepreneurs then? Getting a "team" and then trying to think of ideas seems like the backward way of doing it.
I can't afford hiring people. Getting rich comes first, then you hire people. You don't hire people, and then get rich.

If you don't have $$ to hire people then you better have the "secret sauce" or talent to prove that you are worth a damn to an investor.

Close this one down.

>what is networking

What is the secret sauce or talent you speak of?
Why are you assuming I can't do this?

>Close this one down
Why? Please elaborate.

How does one network?

By going to good schools with rich and ambitious young boys.

>Having a "kick ass team" isn't a luxury we all have.
>How do people become entrepreneurs then? Getting a "team" and then trying to think of ideas seems like the backward way of doing it.
>I can't afford hiring people. Getting rich comes first, then you hire people. You don't hire people, and then get rich.

I have lead teams, bought by nothing but a vision. I ran a 10 man operation out of my apartment for a month, and paid them with nothing except work, drinks, and occasional lunch.

You just gotta find people who would pay to do the things you need done.

you seem to think there's a chicken and egg problem where really the chicken is just a plumed steak.

>What is the secret sauce or talent you speak of?

If you have to ask, you don't have it.

>How does one network?

basically networking is just making friends with everyone you meet.

So in other words, you don't know. Got it.

>Having a "kick ass team" isn't a luxury we all have.
Well, and even though everyone has ideas not everybody becomes an entrepreneur. Lines up pretty nicely, if you ask me...

Look at it from any investor's point of view: You're telling them that you have a way to make a lot of money, but you know you're not even remotely the best person to do it. Why would anyone pay you for that? Tomorrow someone else who is better qualified has the same idea or copies yours and puts you out of business. Being the best at having ideas about something is a worthless skill and not a sound business model. You have to be the best at *doing* this something.

>bought by nothing but a vision

OK, so why can you do it but if I want to do it, everyone is saying
>Dude like give up on your dreams bro XD

>ideas man
fuck off

Why would I go into something if I thought I wasn't the best person to do it?

>everyone is saying
>Dude like give up on your dreams bro XD

No. Everyone is saying
>Don't sell off a half-baked idea - nobody wants that. If you truly believe in it, man up and see it through.

You didn't ask about creating a business. You asked for a quick way to cash out on some flimsy idea you've had this morning. Besides, any in-depth advice obviously depends on the specifics of your business idea, which you're obviously not willing to share.

Based on your responses you are probably young, poor, daft, and inexperienced.

Peter Thiel wanted to send $ via the internet in the mid 1990s. He worked on assembling (i.e. networking) a team with killer talent and led them on a mission to develop the eventual solution: PayPal.

That's what it means to have the secret sauce.

You're starting to make assumptions now.

I would love to turn the idea into a business, but I'm being the realistic one here.
I figured going the idea route would be better.
You need money to start a business, which I don't have.

Stop being defensive and projecting your failures in life onto me. You don't know anything about me, my idea, my abilities or skills.

Then find people who will work for free in exchange of some part of the gains.

Though, nobody will join you if you're just an idea guy. Keep dreaming, loser. I'll give you $1 for your idea.

So does anyone have any real advice besides "Give up?"

Or do I have to add Veeky Forums to my lengthy list of boards that are complete trash?

noone cares. fuck off.

Tell me how not to be an idea guy then.

You defend your idea as if you're the second coming of Jesus

Nobody cares, your idea sucks, fuck off

Learn to do things, faggot, nobody will give you money for a fucking idea.

Surround yourself with intelligent, ambitious people.

Wow, such brilliant advice.

This is a brilliant advice. Learn skills, because your idea as itself is worthless.

I don't know why so many people in this thread got triggered.

I asked a pretty basic question.
All I want to know is how to turn an idea into a business and the first step you need to take.

Is everyone always this hostile on here?

The first step is to be able to realize your idea by yourself.

What do you mean by that? That's pretty vague.

If your idea is an app, you'll have to learn how to make this app by yourself.

Is that fucking clear now that you're alone in this world and nobody is willing to give you money ?

tesla vs edison idea man vs business man
nigger if you have an idea for a million dollar app you should know how to make the app, if you have an idea how to engineer new drugs you should know the chem behind it. How hard is it to grasp? anyone can make an llc or ltd and patent shit if they have WORK behind it, comon how hard is it to google

Calm down. Just chill buddy.

Oh the irony. Oh the sweet sweet irony.

Serious question though, if a few people on Veeky Forums mildly tearing into your concept to see if it holds water is sending you sulking - how the hell do you plan to survive a pitch meeting?

Defend yourself with facts. *Show* us that we're wrong. Show us a brilliant idea, a sound mind, good reasoning, an experienced business person, great abilities or helpful skills. Saying "I'm not a failure and you're all just defensive" just makes you seem laughably desperate. And so far all I've read from you is "I don't have this", "I can't do that", etc. Of course I'm going to give you shit for it. You came here and asked for a reality check - here it is. From all you've shown me through-out this thread, I don't think you have the mindset or means to be a successful entrepreneur. But please, start showing me how wrong I am.

In case you haven't clued into it: We only get so see what you write. We don't know what's going on in your head.

Why are you assuming I didn't know this? Where did I say I didn't know how to make it?

I'm asking because I have an idea and want to turn it into something. It's because I don't know the business steps to take, not that I don't know how to create the product.

Stop larping as a rich successful power player. You're posting on Veeky Forums.

Then make your product and sell it.

then you are truly moronic. If its not a food/alcohol/drug/gun/porn/financial service you dont need any fucking licence except for a company which takes about 2-3 days to make. everything in business is so fucking complicated i will explain it in detailed steps
1. Make/buy product/service
2. Shill
3. Sell
So complicated, right?

>Stop larping as a rich successful power player.
What gives you that impression? Are you just flailing now?

>You're starting to make assumptions now.
Right back at ya.

Are we still talking about your business project or do you just want to insult various people now for the rest of the thread?

You're a fucking loser kid, these people in the thread are being gentle with you compared to the real world. You have no money, no skills, what the fuck do you want? You idea is worthless, execution is everything.

Well I tried to do that but here's how it went down.

I asked a very simple question, and even though you wrote a lot it basically boiled down to "Give up. It won't happen." Which is pretty worthless advice.

I wasn't asking for a get rich quick scheme, I asked a simple question and you're telling me I don't have the temperament for the business world because you were an asshole for no reason. Quality stuff.

For some reason, this thread triggered some people hard. If this board isn't for giving each other helpful advice without being condescending pricks, then I don't know what this board is for.

Alright. Ask your "simple question" again, maybe I missed it.

>because you were an asshole for no reason
Well, that's uncalled for. You want me to pamper you and listen wide-eyed while you lay out the best idea I've ever heard?

Tell it to your girlfriend then, but this is not what you need. You need opposition, because in answering these challenges to your idea, you grow and develop a more realistic attitude towards your abilities and prospects. If everyone just says "yes" to your every utterance, you'll die dumb and run your idea into the ground. Literally the best thing a friend can do for you, is completely tear down your business idea to see what remains when you're forced to take off the rose-tinted glasses. This is nothing special to you, we're all wired that way, I've been in your position several times. Ideas in our heads always sound fucking brilliant, because we tend to mentally walk in circles on beaten paths. You need uncomfortable outside input to turn your idea into a robust business model.

Well put throughout
>Tell it to your girlfriend then
Implying anyone would be with this insufferable prick.

Odds are, its not a million dollar idea.

You're the one triggered here, if the replies bother you don't even try to go to a sales pitch.

You should know that Veeky Forums is complete trash. It's like one of the worst boards on Veeky Forums. Even /pol/ is more tolerable.