Do you believe in your idea? If you do, a partnership with IdeaPros can reduce your time and investment to launch by up to 75%. We do this in exchange for equity and skin in the game on your part to help defray some of the hard costs. Look at it this way – with or without us – it’s going to take money to launch your business.
We provide you mentoring and create a well positioned business for you. We do this by leveraging our collective experience and employing a cutting-edge evidence-based approach to find the very best product market fit.
We can build you the best racecar in the world, but ultimately, you’re going to be the one driving it. How empowering is that? You want to be in the driver’s seat! If you think you are just going to sit around and let someone else make you successful, entrepreneurship is not for you.
A partnership with IdeaPros is designed to be a launching pad, not the finish line. At the end of the day, nobody can make you successful. Success is up to you. Half of our challenge is finding compelling new ideas, but the other half is finding people we want to bet on. Would you make a good partner? Will you do what needs to be done when we hand you the keys? Can we count on you?
If you think that’s you, let’s take a look at your breakthrough idea, product, or app. We will potentially partner with you to validate, build, and (pre)sell your innovation, but first we need to take you through our 2 Phase Process.
– A unique product or app that has the potential to capture significant market share
– You need to be a real entrepreneur that has a real purpose and vision
– Ability to partially invest in yourself (we will be responsible for most of the budget)
– We will not accept any brick-and-mortar or service businesses. However, we are willing to look at your project and suggest an online/app approach if it has great potential.
– We must receive a minority equity position in the company we form together
– Both you and your startup idea must be approved by our Investment Committee
This is something that never happens when dealing with any reputable company. But we understand it’s still a concern for some. So, when you submit your idea to IdeaPros our Confidentiality Agreement is automatically activated on your behalf. We review hundreds of applications a month; we would never risk our reputation over one idea. Are we reputable? Check out our reviews if you haven’t.
NO! Many people compare us to Shark Tank, but we can actually help much earlier in the process because we will partner with entrepreneurs that don’t have sales or revenue yet.
Any company that promises you a patent and a licensing deal is just telling you what you want to hear. It doesn’t happen except in very rare occasions. If you still want a licensing deal, your odds become much higher when your product has been perfectly designed to meet demand and proven with pre-orders or sales. We provide a different approach to get your product or app to market.
As you can imagine, we review a lot of potential partnerships. If you meet our initial criteria above, we want to learn more about you and your project. The Qualification Form helps the committee determine if we want to offer you a partnership. At the very least we will be able to evaluate where you’re at and give you the next steps towards reaching your goals.
We have a highly skilled, professional team that builds out every single deliverable that must be considered in order to maximize the opportunity for a nationwide product launch. When we undertake to do all the work to build your product/app/business we know that it will be done right and, therefore, we can reduce many of the failure points that a solo entrepreneur will encounter. However, we also train you to be a knowledgeable entrepreneur so that when we are ready to launch, you are ready to take over.
On average, it can take $500,000 to $1,000,000 and a few years to do an even moderate product launch, even if you get everything right. When we choose to partner with you, we typically cut up to 75% or more of the time and capital that it would take you to launch, and we do all the work to build your company and your product/app expertly, using over 30 years of experience to your advantage.
You do. We are a minority owner. Typically we receive around 30% equity – but if you want to contribute substantially more that percentage can be adjusted. And we will consider working only as a service provider but that will cost you several hundred thousand dollars more. You will always be the majority owner and you’ll be able to dictate how the company is run – although we’re there to give you advice every step of the way after we launch.
All the revenue goes through you and you pay us our percentage of profits each quarter.
No one knows if there is a market for your new product or app. We believe in listening to the customer to maximize your chances by deploying customer surveys designed to gain strategic information to make sure your idea can become something consumers will really want, and at a price point that is acceptable. Even if there isn’t a market, there is always an opportunity to pivot based on customer feedback to find a better product/market fit.
How did we reach you? 🙂 We are experts at online marketing.
IdeaPros is the most comprehensive partner for entrepreneurs in the world. Whether you have a fantastic idea, are a startup, or are already operating successfully and looking to expand, IdeaPros is the last partner you will ever need.