Ask HN: I don't want my idea, what can I sell?

Posted by drekipus on Wednesday December 25, 2024 @08:15PM
from the ask-hn dept.

I've got a system that I was gearing up to run as a company myself:

* An online management system. * Over 1000 EOI from potential customers and business services that want to use the system. (Leads for new customers) * Policy, procedures, terms and conditions, etc. other documents. * 3 "friends and family" accounts that are being managed by the system, as a trial while I was building it.

Nothing is "on the books" yet, but there's potential for a fairly interesting business here.

All in all, it's getting to a point where I was about ready to switch it on and run it as my own business. But I'm realizing that I don't want to do it myself: I like tinkering and building and I still respect my employer. I also want to focus on my home and the kids.

I have the makings of a business, but haven't executed it yet and kinda don't want to. Is there a place where I can

Is this enough of something that I can sell? Is there a particular place I can sell it, or do I talk to a business broker? Has anyone been in similar situations?

( 7 comments | on HN )

Re:Ask HN: I don't want my idea, what can I sell? by ghulammurtaza on Wednesday December 25, 2024 @08:52PM (#42512590)

do you research. where can you find the customers you want to sell to. go there. and dont overthink it. you just have find one customer. and they can come from anywhere

[ Parent | on HN ]

Re:Ask HN: I don't want my idea, what can I sell? by csomar on Wednesday December 25, 2024 @11:19PM (#42513082)

Your only chance is to sell it to someone in the same space (ie: a competitor). Currently, you have nothing and your only customers are "friends and family". The EOI are worthless without due-diligence from the buyer and negotiating that will be difficult.

Your second option is to kick-start your business and get a "few" customers. That will make your business worth something.

[ Parent | on HN ]

Re:Ask HN: I don't want my idea, what can I sell? by bilsbie on Thursday December 26, 2024 @01:43PM (#42516902)

Eoi?

[ Parent | on HN ]

Re:Ask HN: I don't want my idea, what can I sell? by kapitar on Thursday December 26, 2024 @03:44PM (#42517665)

Presumably expressions of interest?

[ Parent | on HN ]

Re:Ask HN: I don't want my idea, what can I sell? by drekipus on Thursday December 26, 2024 @06:10PM (#42518599)

Thanks for the reality check.

The issue is that this is in a very regulated space (insurance tech) so even a small kick start requires a bit of investment and commitment on my side that I need to weigh up

[ Parent | on HN ]

Re:Ask HN: I don't want my idea, what can I sell? by realty_geek on Thursday December 26, 2024 @03:39AM (#42513932)

Genuinely curious- why would op not mention anything about code written?

[ Parent | on HN ]

Re:Ask HN: I don't want my idea, what can I sell? by drekipus on Thursday December 26, 2024 @06:05PM (#42518573)

Code is a liability, not an asset

[ Parent | on HN ]