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Old 01 May 2004, 02:57 AM
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i love scooby snacks
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Default Business Idea- Help

In a moment of genius the other day I thought of a business idea to make my £millions (evil laugh).
Obviously still in the very early phases and not really doing much about it yet as have exams until end June. Having studied Business and Economics at Uni, it has already dawned on me how absolutely useless these are in the real world!

Anyway, I would like to discuss my idea further with a few people but scared of them copying my idea. For example, one of my mates from uni is 23 and runs two businesses (Owns a C4S CAB, *******!) so has money to spare and I know he would be able to seriously help me, or at least point me in the right direction, but then again he's a business man. I dont know him that well but I for sure would **** over even a best mate for £75K Porsche, let alone the rest. Anyway, my question to you guys is if anyone can point me in the direction of a website or similar with a contract for him or similar party to sign so they can't use my idea and if they do would have to pay me £££££££££££££££££.

Cheers
Old 01 May 2004, 03:01 AM
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eClaire
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www.businesslink.gov.uk

Need anything else mail me as per profile
Old 01 May 2004, 03:07 AM
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eClaire
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Having studied Business and Economics
Whatever you do, DON'T work for a public body! I do and I am still up working (just taking a wee break the now )
Old 01 May 2004, 10:16 AM
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MadGrip
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One of the easiest solutions to "Prove" that you thought of the idea first, (incase your so called mate decides to steal it), is to write down exactley what your ideas are ,on a peice of paper,and include a date. Then put it in an envelope & post it to yourself.
When it arrives, keep the envelope safe & unopened. That way if he steals the idea you have proof it was your idea, which will be dated by the post office on the front of the envelope

business link is a good source of info aswell as mentioned before. My company is a verified consultant with them

Phil
Old 01 May 2004, 10:46 AM
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Jer
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Hi Tony

What you need is an NDA Non Disclosure Agreement. If you can’t find one on the web drop me an email and I will try and dig one out.

Cheers

Jeremy
Old 01 May 2004, 10:50 AM
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Jer
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You can't copyright a business idea, once it's out anyone can copy it. Unless you have a process or similar that you can copyright.
Old 01 May 2004, 03:17 PM
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GreenMachine
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In the real world your best bet is to get off yr **** and exploit it straight away. Someone else may have (or already have had) the same idea.

You probably need to be first to market and get a big head start on the competition to make it a winner.

Of course all this depends on what it is

Is it capital intensive?
Are there significant barriers to entry in the market?
Does it rely on a process that is easy for someone with greater resources to implement more easily/cheaply?

etc. etc. etc.

I "know a few poeple" and would be happy to look at it under NDA if you are serious.
Old 01 May 2004, 03:38 PM
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Dracoro
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If the idea is good then go to your bank for a loan. If your plan is good and you can convince the bank that there's a market etc. then they'll lend you the cash. They're also not in the habit of stealing peoples ideas either.
Old 01 May 2004, 03:44 PM
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What is the idea BTW? ...go on you're amongst friends
Old 01 May 2004, 10:36 PM
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Originally Posted by eClaire
Whatever you do, DON'T work for a public body! I do and I am still up working (just taking a wee break the now )

Cheers Claire, businesslink site answered all my questions really. As for the public sector I worked in the HomeOffice for my placement for a year and know how little work you guys really do but still, doubt I will ever return to the public sector because of all the crap you get and not being able to do your job properly.

Thanks for all the other comments guys

tony
Old 01 May 2004, 11:39 PM
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ProperCharlie
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remember: 9 out of 10 start ups fail within the first 2 years.





<sharks circling>
Old 02 May 2004, 03:36 PM
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eClaire
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As for the public sector I worked in the HomeOffice for my placement for a year and know how little work you guys really do but still, doubt I will ever return to the public sector because of all the crap you get and not being able to do your job properly.


That's an english thing!
Old 02 May 2004, 06:58 PM
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Ray_li
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I think we have all been there with a business idea but not followed through with it.
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