Your ideas are worthless, and I'm here to prove it
12-01-2011
, 02:41 AM
12-01-2011
, 02:44 AM
Quote:
A service that offers super high-interest savings accounts for newlyweds. The couple has to lock in their deposit for x years and if they get divorced they forfeit it. Basically I want to capitalize on how unrealistic newlyweds are and bet against marriages lasting. Obv have to play with the numbers to make it profitable.
Other features might include:
- allow friends and family to bet against the marriage (balance my action and charge vig)
- sell the above list of doubters to the couple
- instead of forfeiting the deposit, some or all can be used toward divorce or counseling services that my business also provides
Other features might include:
- allow friends and family to bet against the marriage (balance my action and charge vig)
- sell the above list of doubters to the couple
- instead of forfeiting the deposit, some or all can be used toward divorce or counseling services that my business also provides
True story...one of my best friends is from a family with net worth ~500 mil (that he is the only heir to) and he makes a decent amount per year himself. He got his wife to sign a prenup without knowing it. She'll just sign anything he tells her to without reading it. They seem happy now (after 2.5 years of marriage) but I imagine it could be an interesting court case if it comes up.
Last edited by Max Raker; 12-01-2011 at 02:50 AM.
12-01-2011
, 02:45 AM
Quote:
So for the next month or so I'm going to post all kinds of ideas in this thread. Some of them are things I've though about for a while (I have an ideas book on me at almost all times, and I recommend you do it too) and some of them are new ideas that I'll come up with over the course of this exercise.
Shouldn't be an issue right?
12-01-2011
, 03:58 AM
12-01-2011
, 11:00 AM
My ideas typically spin off in a couple directions, so here are some things I have also thought about for the site, but are fairly abstract.
In theory some people are going to scam others and never pay anyone back. These "pages" will essentially consist mostly of a "build a scammer profile" and then leave it alone because 1) they arent going to pay back and 2) no one is going to lend them money again (hopefully
). Here the site is not going to be able to make money other than advertising.There will be a second group of people who scam money and then pay some/all of it back. This is where the money is. Human beings are creatures of habit, history repeats itself, past performance -> future results, etc. The individuals that get in a position of owing money on a stake whether they stole it, degened it, went busto, w/e BUT then pay it back are likely to do this exact same thing again. If they are paying it back because the site blows up their spot, there is obvious value there and a few ways to monetize it (charging % of debt, charging to list the debt against this person, etc.). The other opportunity is to "verify" a debt exists, and then sell the debt. We would be able to charge a vig on both the sale of the debt, and the collection. As well as potentially keeping the entire sale of the debt private, and say the "buyer of the debt" paid 30% on 1$, what would be stopping the site from trying to go after the entire amount. Ethically it would be more like an auction and we would have to be transparent and if we get for 70% paid back of a 30% sold debt, we would still charge our typical %, but customers would be very happy.
If organized correctly and made as transparent as possible, something like a banner on the person's page "Debt has been sold, Negotiations possible". It would be an opportunity to get in between the transactions. I'm not taking about trying to get 50% on a debt sold at 30%, but more like 2-3% max. After any transaction it would also be recorded and made transparent on the site, so people aren't just lending money to someone and then selling it at 30% over and again.
Also, there could be more premium features available so someone that say lends 100k's on a huge stable on 2+2, would have higher level of attention and better support then someone who is reporting a debt from 3 years ago from someone that could be dead/ in jail.
12-01-2011
, 11:07 AM
12-01-2011
, 11:12 AM
Quote:
Good point, and I am def weak on the monetization strategy aspect of the idea.
My ideas typically spin off in a couple directions, so here are some things I have also thought about for the site, but are fairly abstract.
In theory some people are going to scam others and never pay anyone back. These "pages" will essentially consist mostly of a "build a scammer profile" and then leave it alone because 1) they arent going to pay back and 2) no one is going to lend them money again (hopefully). Here the site is not going to be able to make money other than advertising.
There will be a second group of people who scam money and then pay some/all of it back. This is where the money is. Human beings are creatures of habit, history repeats itself, past performance -> future results, etc. The individuals that get in a position of owing money on a stake whether they stole it, degened it, went busto, w/e BUT then pay it back are likely to do this exact same thing again. If they are paying it back because the site blows up their spot, there is obvious value there and a few ways to monetize it (charging % of debt, charging to list the debt against this person, etc.). The other opportunity is to "verify" a debt exists, and then sell the debt. We would be able to charge a vig on both the sale of the debt, and the collection. As well as potentially keeping the entire sale of the debt private, and say the "buyer of the debt" paid 30% on 1$, what would be stopping the site from trying to go after the entire amount. Ethically it would be more like an auction and we would have to be transparent and if we get for 70% paid back of a 30% sold debt, we would still charge our typical %, but customers would be very happy.
If organized correctly and made as transparent as possible, something like a banner on the person's page "Debt has been sold, Negotiations possible". It would be an opportunity to get in between the transactions. I'm not taking about trying to get 50% on a debt sold at 30%, but more like 2-3% max. After any transaction it would also be recorded and made transparent on the site, so people aren't just lending money to someone and then selling it at 30% over and again.
Also, there could be more premium features available so someone that say lends 100k's on a huge stable on 2+2, would have higher level of attention and better support then someone who is reporting a debt from 3 years ago from someone that could be dead/ in jail.
My ideas typically spin off in a couple directions, so here are some things I have also thought about for the site, but are fairly abstract.
In theory some people are going to scam others and never pay anyone back. These "pages" will essentially consist mostly of a "build a scammer profile" and then leave it alone because 1) they arent going to pay back and 2) no one is going to lend them money again (hopefully
). Here the site is not going to be able to make money other than advertising.There will be a second group of people who scam money and then pay some/all of it back. This is where the money is. Human beings are creatures of habit, history repeats itself, past performance -> future results, etc. The individuals that get in a position of owing money on a stake whether they stole it, degened it, went busto, w/e BUT then pay it back are likely to do this exact same thing again. If they are paying it back because the site blows up their spot, there is obvious value there and a few ways to monetize it (charging % of debt, charging to list the debt against this person, etc.). The other opportunity is to "verify" a debt exists, and then sell the debt. We would be able to charge a vig on both the sale of the debt, and the collection. As well as potentially keeping the entire sale of the debt private, and say the "buyer of the debt" paid 30% on 1$, what would be stopping the site from trying to go after the entire amount. Ethically it would be more like an auction and we would have to be transparent and if we get for 70% paid back of a 30% sold debt, we would still charge our typical %, but customers would be very happy.
If organized correctly and made as transparent as possible, something like a banner on the person's page "Debt has been sold, Negotiations possible". It would be an opportunity to get in between the transactions. I'm not taking about trying to get 50% on a debt sold at 30%, but more like 2-3% max. After any transaction it would also be recorded and made transparent on the site, so people aren't just lending money to someone and then selling it at 30% over and again.
Also, there could be more premium features available so someone that say lends 100k's on a huge stable on 2+2, would have higher level of attention and better support then someone who is reporting a debt from 3 years ago from someone that could be dead/ in jail.
Report Abuse: http://forum.parttimepoker.com/report-abuse-forum/
Appeals: http://forum.parttimepoker.com/appeals-forum/
Gear Archive: http://forum.parttimepoker.com/gear-archive/
And they are already pretty much the biggest game in staking out there. I would know because I sold NeverBeg to them...
And people aren't going to want to go multiple places, one for staking, and one to figure out scammers. They want to do everything in the same place. So if you are going to do what you're suggesting you should have a community of stakers and players in the same place. Just my 2 cents.
12-01-2011
, 11:24 AM