It is important to remember that the value of a business idea is closely related to the person who intends to exploit the commercial potential of this concept. A great idea in the hands of an inexperienced is pointless, while a semi-buena idea in the hands of a cunning launcher can be the beginning of a great company. When a rookie entrepreneur wondered also how much is worth your idea business usually the answer is not worth anything. The truth is that the majority of new business ideas cannot be patented because it is likely that someone else in somewhere in the world is already doing something similar. It is very difficult to come out with a novel concept and at the same time effective. The following could be very discouraging to read, but is the truth of things and should be taken as a competitive advantage to know that wait rather than take it as a reason for giving up the dream of having an own company. Here goes: A great business idea of itself has no value unless the people behind this idea has some experience in business or have the knowledge necessary to be able to get out.
Even then the idea yet it is useless unless they can get financial support to launch his new idea. Even then still the idea is worth $0.00 unless they get the right for the business people. Even then the idea still is worthless unless you eventually can persuade people to buy the product or service being offered. Now, don’t misunderstand me. I’m strictly speaking of monetary value, and only that.
In the raw world of business nothing is achieved until the sale closes. Do you understand it? An idea in itself is useless until the right behind her people run and potential customers are excited to buy you. At the end, getting a paying customer is the only proof that an idea has any merit. So that excellent advice to anyone having a great idea and want to start their own businesses is to discuss with people who already have been successfully launched a new idea. You have to read books on How to set up a new concept. Also initiate contacts with persons related preferably have years of experience. There to talk with people who have experience in sales and marketing and get their opinions on how to approach potential customers. It evaluates how to deliver the product to the end user. What route are you going to take (Distributor, wholesaler or retailer) to enter the market? There is sufficient margin for all concerned? What terms of payment is going to give and how you will do to collect the money that your customers’s need to be? At the end, you have to remember the following: A business idea will be only worth something when you get to turn your business into an automatic machine that generates money constantly and at the same time be responsible for delivering value to your customers.