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Author Topic: What to do when you have a great idea and nothing else?  (Read 513 times)
Memento7 (OP)
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January 30, 2018, 03:26:22 PM
 #1

Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?

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January 30, 2018, 03:28:19 PM
 #2

Based on your description, if you are looking to make this idea a reality, the first thing I think you should do is hire a lawyer. Everything else can move forward from there once you get advice on how to setup the legal structure before going out and making anything remotely public.
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January 30, 2018, 07:52:28 PM
 #3

Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?



dont tell anyone and learn to code

good luck

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Memento7 (OP)
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February 01, 2018, 12:59:13 AM
 #4

Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?



dont tell anyone and learn to code

good luck

ehehe yea, but where to begin? I think I need years of studies and this is a really fast world.
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February 01, 2018, 02:43:07 AM
 #5

Hi guys, I hope this is not a cyclic topic!

It is.  Lots of people have ideas.  All of them are oh so valuable.

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?

Stop worrying about somebody stealing your precious idea.  Your idea is worthless, and it’s not very good.

Hold on.  I am not trying to be nasty.  I will tell you a little story—the much abbreviated version.

In 2006, I had an idea for a cryptography-based digital currency.  (That doesn’t say much.  People have been trying to build those since the 80s, the seminal early work being Chaum’s.  What we now call “cryptocurrency” is the realization of a cypherpunk dream of the 90s.)  I knew that at the time, I lacked the requisite skillset for building it myself.  Thus, I did nothing.  I did suffer the delusion that my idea was valuable.

In 2008–09, Satoshi Nakamoto published the Bitcoin whitepaper and a working prototype.  His idea was so much better than mine, the comparison is laughable; and that’s no coincidence, for he knew how to build his idea.  If you don’t know enough to put an idea to practical effect, then you don’t know enough to have a good idea in the first instance.

Please.  You say you’re a civil engineer.  What would you say if I were to tell you that I have a valuable breakthrough innovation in your domain of expertise, but I don’t know enough civil engineering to build it?  If you’re really a civil engineer, you’d laugh at me.

Ideas from people who have the knowledge are a dime a dozen.  It’s the implemented ones which are valuable.  And ideas dreamt up without adequate knowledge are absolutely worthless.

ehehe yea, but where to begin? I think I need years of studies and this is a really fast world.

Oh, that’s more or less exactly what I told myself in 2006!

Either get moving fast, or forget about it.  In the former case, you may have a chance of success if you’re smart and hardworking.  In the latter case, you will save yourself many wistful sighs.

(On the third hand, if you are independently wealthy, you could try to hire other people.  You would need much luck for it to not be a disastrous financial sinkhole.  Think, again:  Could somebody without civil engineering expertise competently select a competent civil engineer?  Many “consultants” more or less deliberately take advantage of this peculiar problem, but that’s another topic.)

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February 01, 2018, 02:52:57 AM
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 #6

There's a common saying in business.. that a thousand ideas are worth a dime. In fact coming up with revolutionary ideas is quite easy - it's the implementation that is the hard part. A lot of enterpreneurs think just because their idea is great that they deserve equity from it without putting in an equal amount of work with their business partners - this is a common fallacy. After writing out your idea and business plan in detail, think about what you can offer in any potential partnership and what you need from your partners. No doubt you'll need programmers if it's related to blockchain. What can you bring to the table? As a civil engineer, if your idea is related to construction you'd probably be able to offer a lot. Map all this out, and whatever you do don't expect extra equity just for the idea unless your work and risk is above and beyond that of your partners/investors.
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February 01, 2018, 07:10:10 AM
 #7

An idea is useless unless you put work on it. Do what you do best. Realize that idea. Do what it takes to get it out there! Nobody gives a damn about ownership. You need to make something work first then everything will follow. Learn to code and make your idea usable!

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February 01, 2018, 07:15:38 AM
 #8

The idea, will stay an idea, if you do nothing. I will at least pitch this idea to someone with some sound knowledge to develop that idea and see if I can sign some confidentiality agreement, before I do this. Keep all your original drawings and plans for this idea and record their existence in that time frame.

If the idea is that good, you might approach a Patent Attorney to make things formal. This might be the more expensive route, but it will protect you in future. ^smile^

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February 01, 2018, 05:59:01 PM
 #9

also try to get money and find a team. The only real solution

Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?



dont tell anyone and learn to code

good luck
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February 01, 2018, 06:11:00 PM
 #10

Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?



dont tell anyone and learn to code

good luck

ehehe yea, but where to begin? I think I need years of studies and this is a really fast world.

yea same problem here. very difficult to find trusted devs or partners


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February 01, 2018, 06:19:50 PM
 #11

Go for it, you'll figure it out.  Life favors the bold!!
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February 01, 2018, 06:21:36 PM
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Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?



Thats right. ideas are dime a dozen. real thing is realization of that idea... bringing it to life. but that doesnt mean you give up. after conceiving a great idea next thing u need is fuel to achieve your goal and the name of that fuel is "passion". how passionate you are about your idea. your passion will drive you to learn and develop it. it doesn't matter whether you are a civil engineer or a farmer. you passion will drive you to overcome. just read about how other people brought their ideas to life... see what you need to do get it done.... nothing is impossible.
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February 01, 2018, 06:46:14 PM
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I would recommend starting off by learning programing. Even if you end up working with people who do the actual coding it will help communication if you at least know the basics yourself. Coursera  and edx have a ton of great classes you can audit for free.
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February 01, 2018, 09:40:33 PM
 #14

I am not trying to be nasty.

I didn't believe you when reading this sentence. But after competing your post I would say you were very fair.

I too had an idea of a UPS when I bought my first rechargeable battery years ago. I got the idea of a hybrid car when I was playing with my first dynamo. As you rightly said, they don't count. Atleast 1000s of others would have had the same idea, well before me as well, andd they implemented it.

On the other hand Google, Facebook, Amazon, why Bitcoin are also not original ideas. They were the best implemention of the existing ideas.
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February 02, 2018, 12:45:42 AM
 #15

I am not trying to be nasty.

I didn't believe you when reading this sentence. But after competing your post I would say you were very fair.

Thanks.  Ah, but you don’t know me!  When I am nasty, the wrath of my pen is unequivocal; and I never make excuses for it.  Why, just the day before yesterday, I insulted a man so badly that he gave me +50 merits.  I believe that to have been an historic forum first.

Here, I know that I myself fell to the same error as OP apparently does—spent years and decades repeatedly and perpetually living that error.  What I told OP is some version of a much longer, far harsher speech I wish I could go back in time and give myself.  (The version I would give my past self may involve screaming, cursing, and violent shaking by the lapels.)  Had I followed the advice I here stated, my life would now be much different and much better.

I too had an idea of a UPS when I bought my first rechargeable battery years ago. I got the idea of a hybrid car when I was playing with my first dynamo. As you rightly said, they don't count. Atleast 1000s of others would have had the same idea, well before me as well, andd they implemented it.

That sounds much like me.  Unfortunately.

Such creativity is a rare gift; but all too oft is it wasted.  From a population of many millions of people, yes, there must be some thousands who have within them the sparks of what could become good ideas.  Yet it is only but the few and the rare who have the requisite studiousness, willpower, passion, and focus to capture such a spark, kindle it, stoke it, feed its fire, and grow it to the brilliant flame of a working invention.

I yearn for the boundless energy of youth, combined with the fortitude granted by hard experience—and by the regrets of hindsight.  I could have been—could have done—but I did not, therefore am not.  Perhaps will yet be, someday—but am not, now.

It is through such experience that I encourage people who claim ideas to put their alleged ideas to the only test that counts:  Brush up your skills where needed, work hard, and—well, most of you will find that your precious ideas were actually stupid, and you are not nearly as smart as you thought you were.  Statistically, most of you.  But a few of you may succeed in building something brilliant.

On the other hand Google, Facebook, Amazon, why Bitcoin are also not original ideas. They were the best implemention of the existing ideas.

Bitcoin is more original than you give credit for.  From Chaum forward, feasible ideas for digital currencies always required a trusted authority.  (Chaum’s solution had much more privacy than Bitcoin does; but it was designed to be issued by a bank, and that’s actually why it failed!  Most banks did not want to issue digital cash which could be passed privately, without identifying counterparties or revealing transaction details to the bank.)  And the need for a trusted authority always most of all boiled down to the double-spend problem.  Digital bits can be copied, after all.

Satoshi solved a problem nobody else has ever adequately solved, not before and not since:  How to create a decentralized, trustless Byzantine agreement for the ordering of transactions.  Thus was solved double-spend.  His solution to this is what we call “mining”—though Satoshi himself did not use that word; he called it “generating”.

The tools he used for this purpose were not original to him.  He repurposed Adam Back’s Hashcash, which he credited in his original whitepaper.  But the way he put it together was original—and brilliant!

So as for double-spend; so as for the totality.  In the whole of the system, the parts are not original to him; but the whole is more than the sum of the parts.

If you want to better understand the numerous pieces which Satoshi borrowed from others, and the original way he fit them together into a new system, I recommend this article:

Narayanan, A; Clark, J.  “Bitcoin's Academic Pedigree”.  ACM Queue, vol. 15 issue 4 (2017-08-29)

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February 17, 2018, 11:02:35 PM
 #16

Narayanan, A; Clark, J.  “Bitcoin's Academic Pedigree”.  ACM Queue, vol. 15 issue 4 (2017-08-29)


Thanks. I am reading the book by the same author - Bitcoin and Cryptocurrency Technologies. The book is very detailed, I would say the article is a TLDR version of the book  Cheesy
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February 18, 2018, 12:43:55 AM
 #17



Stop worrying about somebody stealing your precious idea.  Your idea is worthless, and it’s not very good.

Hold on.  I am not trying to be nasty.  I will tell you a little story—the much abbreviated version.


How do you know his idea is worthless... or that it is not very good.  
The op never specified what the idea was.

my advice would be work out a plan on how to provide POC of your idea.
or possibly create a detailed plan outlining the idea.  
Work on networking in the community if your project requires coding.

You have lots of options open to you. I guess you should do some research and document your idea would be step 1,

Good luck


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February 18, 2018, 07:31:54 AM
 #18

WELL if you will just keep that idea as an idea without trying to make it real then  slap your face so you'll stop on dreaming. if you are doing a thing for a business then you might not enjoy it but if your idea is your passion and you would want to make the passion in real situation then you will enjoy it, don't ever blame yourself if you haven't done the first step when realization time comes.  I may be late to add some perspective but at least i try to add.
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February 20, 2018, 12:11:29 PM
 #19

Hi guys, I hope this is not a cyclic topic!

So, I've really a great idea and concept that could work in the real world with the use of cryptocurrencies but I'm a civil engineer and, despite my passion for this world, I don't know how to move forward.
My main concern is about the ownership of my idea, because a moment after telling it's not mine anymore.
Do you have some suggestions?


Just make a concept for your idea. Make an abstract, rich picture, road map business, and something else. I know that you're a civil enginering, so just keep the key of your idea. I mean a genuine part of your idea. I am sure that you know what it is. So, if you have a team from anywhere, they will keep you in a team always. Because they can't play without you. If someday they are gonna leave you, you can work with another team. Basically, no one can work by his self only; they need a team to make everything come true.
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February 22, 2018, 12:01:27 PM
 #20

First you want to analyze what is your idea then think the advantages and disadvantages then do it if you failed don't give up keep trying until you will be success
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