IdeaRevShare

Startup Idea: A platform where people can securely share their ideas and potentially earn a portion of any revenue generated from those ideas.

Pain point: People struggle to monetize their ideas without starting a business or inventing something.

Categories
Inventors Tech Intellectual Property Protection Revenue Sharing Platform
Idea Generated From
Reddit Post: Is there a way to make money off of ideas?
Potential Monthly Revenue
$50000

Business Idea: Idea Sharing Platform

Business Plan:

Overview:

Our business idea is to create a platform where individuals can securely share their ideas and potentially earn a portion of any revenue generated from those ideas. The platform will allow users to protect their intellectual property while also connecting with interested parties who may be willing to invest in or develop their ideas further.

Target Market:

Our target market includes entrepreneurs, innovators, and creatives who have unique ideas but may not have the resources or connections to bring them to life. Additionally, we will also target investors and companies looking for innovative ideas to invest in or collaborate on.

Revenue Streams:

  1. Membership Fees: Users can become members of the platform for a monthly or annual fee, gaining access to additional features and opportunities to showcase their ideas.
  2. Revenue Sharing: When an idea shared on the platform generates revenue either through investment or development, the original idea creator will earn a percentage of that revenue.
  3. Premium Features: We will offer premium features such as enhanced visibility for ideas, direct pitching to investors, and access to expert advice for a fee.

Marketing Strategy:

  1. Social Media Marketing: Utilize platforms like Instagram, Facebook, and LinkedIn to reach our target audience and drive traffic to the platform.
  2. Content Marketing: Create blog posts, videos, and webinars that provide valuable information on idea development, protection, and monetization.
  3. Partnerships: Collaborate with universities, incubators, and entrepreneurship organizations to attract a diverse range of idea creators and investors.

Estimated Monthly Revenue:

To calculate the estimated monthly revenue, we can consider the potential number of members paying for subscriptions, the average revenue generated per idea shared, and the uptake of premium features. Based on market research and projections, we estimate the monthly revenue to be $50,000.

Estimated MRR: $50,000