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Having been involved in a number of start-ups either as the entrepreneur or an early stage (small) investor, with varying success, I am playing with the idea of forming a sort of mastermind group of experienced entrepreneurs to come up with new fastlane business ideas. That in itself of course is nothing special.
However, what I'm considering now is to take the good ideas generated by this group and search for a young entrepreneur for each of the good ideas for the execution of it, search for investors for each of the projects and claim a minority share for the mastermind group (to be converted into a business entity) as a compensation for creating the venture. It is my intention that the members of the mastermind group don't invest any money in the venture. So, it will we will claim is 'brain equity'.
The mastermind group will also claim a position on the supervisory board.
If this flies, it is definitely fastlane. We will be leveraging our creativity.
What do you think about this? Will/can it work? What percentage of the shares seems fair to be claimed by us? How can we secure our added value and a justification for our claims? What shall we do to maximize the odds of succeeeding?
Any thoughts on the implementation, improvement and/or expansion of this idea are also welcomed.
Thank you.
However, what I'm considering now is to take the good ideas generated by this group and search for a young entrepreneur for each of the good ideas for the execution of it, search for investors for each of the projects and claim a minority share for the mastermind group (to be converted into a business entity) as a compensation for creating the venture. It is my intention that the members of the mastermind group don't invest any money in the venture. So, it will we will claim is 'brain equity'.
The mastermind group will also claim a position on the supervisory board.
If this flies, it is definitely fastlane. We will be leveraging our creativity.
What do you think about this? Will/can it work? What percentage of the shares seems fair to be claimed by us? How can we secure our added value and a justification for our claims? What shall we do to maximize the odds of succeeeding?
Any thoughts on the implementation, improvement and/or expansion of this idea are also welcomed.
Thank you.
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