Being completely a newbie i started a dialog with an investment company in Australia and USA ..much to my surprise the USA contact was the chief operations officer for a Silicon valley investment company …..He gave me reams of advice which enabled me to understand the criteria for funding startups … i was a long way from being fundable , as was just about every entrepreneur needing backing …. Only a tiny few succeed …Even then few make it ..One investor said : ” Of six he funds 3 fail 2 are the living dead and 1 covers the risk capital …. ! ( crowd funding is an answer to pray ! )
As i had so many ideas and understanding a big problem for both investors & entrepreneurs was not knowing if an idea will be successful ….It was obvious market research can only give a clue ….One investor told me he had spent millions trying to find a way to test ideas but gave up …. So i decide to solve the problem or at least mitigate it ….I put all my ideas on one platform ,with the idea of testing by counting the number of hits on each business idea .www.testmyidea.com . was online for some years and helped me build a list of 12,000 from a squeeze page ..
I found a team in Davao City Philippines who built content for me -they will help with inputting content in yobrain.com
Although the site was not commercially successful ,it taught me a lot about list building importance of quality content and above all not trying to do everything onself !
During the learning years i happened to meet some one i was able to help ..this resulted in a contact in Pakistan …including contacts in the educational system and use of a building in Mian Channu ..This town is a rapidly growing business centre …It will be ideal to test launch yobrain there ….perhaps in October 2014 . More later ….
In 2013 i had built a prototype of yobrain to incorporate all the lessons i had learnt in the previous experiments …. Another big lesson , you have to focus on one aspect at a time ,then you make progress .
The plan is now to have an animation made to present on a crowd funding site ; then upload business idea content ; and present the idea to the crowd …
Good the Animation is done .Its now on the blog under the link worded ” Our video “It is also on Youtube under the title ” Billionaire brains meet to help poor eat ”
I then started to find help could not find it locally or too expensive …The employment laws mean you have to have minimum hotrs …I tried the website www.Odesk.com and after a little hassle found a company that is ideal , …
See PART 3 of story …