
Originally Posted by
titansgs
This isn't that bad of an idea. The fact that so many people thinks it won't work, helps in determining some the obstacles most other people with the same ideas will go through. To me, it shows that if you can work around these problems and come up with a good solution, then you will have something great.
Something that came to mind when seeing your site was Kiva.com. They work with 3rd world countries to help boost their economies by offering people with business ideas the investment money they need. Basically these people put their business plans online and have several investors read them and invest. Most of the idea on the site are just simple and I think using the same concept for your site will help boost participation.
A lot of people on here agree that no one will want to post their ideas online to be taking, but at the same time, most people on here can agree that there aren't many original ideas out there. What it really comes down to is execution and financing. In fact, considering many people have the talent and drive to make a company work, but fail at it does show there is a definite need out there for a site like this. Basically, if you just keep it simple and really target regular people with talent and experience that are looking for professional help with running or getting their business off the ground, then this site will work. However, if it is for the use of potential revolutionaries to get together and share ideas that will change the world, I don't think it will do more than scare people away.
Oh yeah, I think it will be important for each person posting a business plan to have their credentials showing in their profile. No need having a site for business and not have it business like. I am not saying you will need to do credit checks of each person, but there should be some element of professionalism.
I don't know the percentage of companies failing in the first year, but it's high. So I site that can help people with real advice about their company in the early stages makes sense. And there is no way of doing that without a person posting their business plan for people to read. I know from always hearing business stories from family and friends that start businesses and fail in less than a year, if only someone told them that buying 20K software for starting a motorcycle company or avoiding writing a business plan were all bad ideas. I really think each of them will still have a business today.