How to make my wish come true?

i have some ideas about the internet issue.

what do i need to do to turn my ideas to reality?  i started to write them down in my notebook. but what should i do next?

 


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You will need a business plan, a prototype of your service or product and a list of potential investors. The business plan should contain (1) description of the value your service or product will create; (2) assumptions about the perceived value (demand) (3) revenue model (how the value will be monetized) (4) projections about the needed investments; (5) projections about the income (6) projections about the ROI - return on investment (beware it does not appear with the minus sign in front! :)))) Once you make contact with the investors, you will show them the prototype and ask them to help you cover the expenses of a focus group survey. This survey will help you fine-tune the model of service and the business plan. Next you will make a marketing plan. Then sign a contract with the investor for some money to start. You might decide on bootstrapping here. You will gather a team, rent necessary equipment and/ or office space and so on. And that's it in brief.

The words in italics are specific terms. I would be glad to explain them in detail but I will leave this task to you for three reasons:

You can learn about them by simply performing a google search. There is tons of information on each of them. Wikipedia is a good starting point. Or these two: http://www.businessplans.org/businessplans.html and http://eu.knowsleycollege.ac.uk/EVEC/index2.php

It is a daunting task for one person to explain them all;

I am just a novice in the entrepreneurship field and I might not be understanding them the right way.

Here is my disclaimer: the scheme described above is just a suggestion I find useful for me. There could be mistakes in it and there could be much better ways to make the first steps.


Posted 2 years ago ( permalink )
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thanks man.

i really gonna check this out. you helped me a lot. 
i guess that it the same with building a website.
is there a way i can calculate the sum of the investments i need? how can i project the things you mantioned on 4-6?

 

you helped me alot ! 


Posted 2 years ago ( permalink )
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Leave the fields about profit and expenditure projections blank in the initial version of your business plan. The focus group survey should give you a rough idea what your potential customers would find most valuable. You will be able to prioritize which features you must certainly include in your service and which can wait to be developed after the service "makes muscle". Once you know exactly what software you will need to develop you have to simply ask programmers how much they charge for that. Computer science undergraduates or even high school students might be able to provide the same quality of service as firms, but at smaller cost.


Posted 2 years ago ( permalink )
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Just to be of help to all fellow enthusiasts who are daring to make the first step into the thrilling world of web 2.0 entrepreneurship I would like to suggest this article here: http://m.fasfind.com/wwwtools/m/30589.cfm?x=0&rid=30589 [Paying for Education and Other Public Goods --> Technical Terms].


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Hello- it's also good to know how to do things legally! Being that my friend's dad started his own xerox company, he relied on a lot of his wife's law education. Recently someone posted the next best thing...I found these decent steps for helping us negotiate through the uncharted waters of legal loopholes and quandaries when my brother and I started our own business. 

How to Structure Your Business Legally

Posted 1 year ago ( permalink )
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if u want your wish to become true...focus on it think it deeply pray to God and if your angry say ur wish it will become true as fast as you expected.there are some evens or hapennings in ur life like when u got sick or some failures it has an exchange of good luck thats the time you will wish and your wish will come true....

 

teresa


Posted 9 months ago ( permalink )
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