I often receive enquiry from folks who are passionate about a grand idea. Often the most glaring issue is that they confuse an ‘idea’ with a ‘business’. You can usually tell when you hear the words ‘I’ve got a great idea for a business’.
The essence of the Swinburne MEI (Masters in Entrepreneurship) taught me that the two are completely different things. If you are a passionate person looking to grow something, or know someone who is, the following may provide great value to you – an email response I wrote to a recent request for input.
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Thank you for considering me in your project. I wish you all the best in the development of this idea to something that could be considered an opportunity.
(re: “I don’t have time to work on this 100% but we will be the #1”)
Telling me it is a side project at the same time as saying you plan to ‘Become the #1’ is quite axiomatic and does not fill me with confidence that I should invest time into it.
Additionally going from ‘be the number #1’ to ‘this is how the website will look’ misses https://www.bravocharlie.global/tools/for-business/the-investor-pitch/
I would start by defining how your idea translates into having concise, actionable and achievable statements related to https://www.bravocharlie.global/tools/for-business/tom-mckaskills-high-growth-venture-wheel-of-success/ –
I found https://www.bravocharlie.global/tools/for-business/building-the-winning-startup-team/ very useful for people considering pulling a team together and for yourself if you plan to lead, being aware of https://www.bravocharlie.global/tools/for-business/effective-ceo-evaluation/ would be very useful for me and I imagine others when you approach them to ask for their involvement.
Good luck with it.
– Philip Bateman
