Quote:
Originally Posted by Jakez
Screw that, if it was online based then any idea could spread like wildfire in a matter of days.
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Well, you wanted an investor, so that's probably your best chance of getting one. Or again, Google for angel investors in your city / region. I know in Vancouver they have an angel group where you can submit proposals that investors can look at.
Or you might get lucky, and just stumble upon the right person, like I did once (although, I fucked it up). I replied to some 3 sentence CraigsList post from someone saying they're looking for the "next best thing". Turns out the guy is worth $600 million. So I went and met in quite unprepared, but gave him a business plan, showed him my technical infrastructure, and explained my vision for it.
He didn't really know what was going on. At the end he just said something like, "Well, looks excellent, you seem like an intelligent guy, and I'm especially interested in the fact you said nothing like this exists yet. I'm not sure what to do though. Would you like me to write you a check?". I politely declined, he told me to stay in contact, but I never did. Talk about me fucking that up royally. The guy was only like 34 years old too, and worth $600 million already, self-made.
Anyway, sorry, point is, don't go in with just an idea. Make sure you have an execution plan in place. Everyone has ideas, and in general, investors don't give a shit about them. They're far more concerned whether or not you're someone who is capable of managing and executing that idea.