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 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
– Ability to partially invest in yourself (we will be responsible for most of the budget)
– No brick-and-mortar or service businesses. We love all entrepreneurs, it’s just not what we do
– 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.
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 success. When we undertake to do all the work to build your product/app/business we know that it will be done right and, therefore, the risk that we face as your partner becomes much lower. So yes, we do it all – it helps you – and it protects us. You must be a true go-getter ready to learn and take over operations in about a year.
As your partner, we will cut up to 75% of the time and capital that it takes 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. In exchange, we want a minority stake in your new organization.
You do. We are a minority owner. The exact percentage is case by case depending on how much of the total budget you cover. 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.