How is IdeaMama Club
different from other business networks?
IdeaMama Club Anti-Corporation is a community
that advocatess social entrepreneurship
in for-profit sector. IdeaMamaClub.com provides its members with a mix of services
and unique tools that allow subscribers to:
Collaboratively invent new products,
Collaboratively build new businesses from scratch,
Collaboratively design new marketing campaigns and expose marketing portfolios to
Raise funds for new ventures with minimum effort,
Find and evaluate unique investment opportunities,
Exchange unordinary ideas and evaluate new business concepts,
Recruit talents and find business partners from around the globe,
Find new friends and connect with other visionaries for lasting relations - business
Publicize your business and showcase your work,
Learn extensively not only from publications but experientially
Not only is the development
itself exciting and educational but results are guaranteed for those who put enough
effort into making things happen.
What are other benefits
of joining IdeaMama Club?
As you look at the thousands
of business cards you have collected, you might realize that you don’t remember
from where most of them came – who is the owner and where you met. As you
scan them, complete a contact list and send invitation to all contacts, communication
will become much easier as they post their profiles with photographs. It
will give you an opportunity to reconnect with people you forgot about but who can
help you on your way to success. IdeaMama has developed an advanced search
tool, so you can easily navigate your contacts and find the most suitable partners
for your existing or new ventures.
Who can become a member
of IdeaMama Club?
Any individual over 18
years old found anywhere in the world.
Is it true that IdeaMama
has its own culture and traditions?
see Traditions of IdeaMama Club.
If I have an existing
business and want to post it in the club, why should I give up 5% of equity in my
business to IdeaMama Club?
You post your business
in the club when you need help, not when your business is doing great. To help you,
other members will invest their time and effort, some might offer you ideas and
suggestions, and others might join your venture as partners to help get your venture
off the ground.
Since IdeaMama Club provides
you with a tool and patent pending process to promote transformation of your
business, we take 5% equity in your business. Dividends will be assigned
to grow the club, so more and more members bring their expertise to help
businesses like yours.
So, IdeaMama Club
collects 5% of equity from each newly designed business. How can I get access to
As a full member you
can choose a couple of the club’s ventures and join them as a managing partner.
As a result you might hold up to 95% of equity according to your agreement with
other team members for that project.
Becoming a shareholder
of the club (IdeaMama Club Corporation) can give you even more financial rewards,
but you have to be an accredited investor to be eligible. We understand that you
might want to become a shareholder so you will co-own all products and businesses
that were designed within the club. Shareholders have even more reasons to support
every new venture as an adviser or partner. But please contact our investor relations
team to see if you fit the shareholder’s eligibility criteria.
Why does IdeaMama’s
To answer your question
here is some food for thought on business makeover:
If a regular company
A with a great idea/product has limited expertise and limited resources how much
chance does it have to become successful/profitable?
If a company A receives
support form IdeaMama Club members – thousands of experts from all over the globe,
who bring their expertise and resources and join forces to support the company A,
will performance of this new venture increase?
When shareholders buy shares in a traditional company A how many of
them will provide continuing support to company A? What if they all own shares
of 10 other companies?
buy shares in IdeaMama Club, how many shareholders that are members of the club
will NOT provide on-going support to companies that we build all together if IdeaMama
provides shareholders and members with tools to collaborate and shareholders’
profit depends on the success of each individual venture?
What chance does traditional
company A have to succeed and be profitable if it has
limited budget for its development ( for example 50K for marketing) and its
sales hardly exceed its expenses?
What is the chance for
company A to fail if it receives many
allows the company to grow and produce
revenue in a short period of time.
What chance does traditional
company A have to hire great talent if it has no resources to either advertise vacancies
aggressively, or hire recruiters and fulfill an apt
What is the chance for
company A to fail if it receives a great number of inquiries from job applicants
– members of IdeaMama Club from all over the world who fall in love with your idea
and want to be a part of your company A “in its best and worst times”.
Can a traditional company
A count on commitment and loyalty of its employees?
What is the chance that
employees of company A that are also its shareholders (partners) are uncommitted
to their own “baby” if they posses a piece of the idea and participated directly
in its “birth”?
Can owners of a traditional
company A work from day one creating company value if they have no basic knowledge
in this area and never had concerns about the company value as such, rather in its
What is the chance that
company A will be “set up” wrong if there are hundreds of experienced advisers watching
its every step and provide suggestions when they see potential mistakes?
Analysis and research
on start-up stage:
of traditional company A make sure that its
is unique and has a chance to gain market share, if the only few people they shared
the project with were family and friends?
What is the chance that
company A will start an obvious “loser” that has huge competition and no competitive
advantage, or no real market, or obvious lack of brand identity if there are hundreds
of IdeaMama Club members will point out weakness of idea
or strategy and existing competition that was not obvious to the founder? 100s of
eyes and ears all over the world are better than 10 locally.
Why membership can
IdeaMama has the right to remove
members if spam, system abuse or unethical behavior toward IdeaMama Club
and its members are reported. Your membership can also be terminated if you decide
to execute on your own a project that was
IdeaMama Club, therefore make sure that you download and sign Partnership Agreement
with IdeaMama Club Corporation and your team members as soon as a your key partners
start to work on strategy. Please note, if your membership is terminated you will
not have access to information you posted and gathered from other club members.
All your projects will be closed. Please find more details in the Ts&Cs and
Traditions of IdeaMama.
Do any rules
limits exist about content of messages sent?
Yes, spam and MLM (Multi
Level Marketing or Pyramid Scheme) recruiting is forbidden by the club.
Why should I post
Blog is a great way to
express yourself. While all ideas that you have posted are available only to full
IdeaMama Club members (please see
Non-Disclosure Agreement as a part of T&C
), blogs can be viewed by all members and are searchable on the Internet.
As you display expertise in some areas or share unique stories, you attract
the attention of the press and might be invited for an interview. IdeaMama Magazine
is always looking for new and interesting stories and people to profile.
You can link your blogs
to your website, e-mail signature,
discussion boards or anywhere you want in a virtual world!
Why should I waste
my time for completing my profile?
Time spent on making
your profile appealing is your
in your future success. Your profile is your free opportunity to present your business,
let other members know whom you are and what you are looking for. It is searchable
by search engines and you can receive leads simply by entering the right information
and showcase your work to millions of web site visitors, especially if you mange
to optimize your profile for search engines entering often
Make your profile interesting
to read and thought provoking. Upload cool artsy photos and let’s rock!
WITHIN IDEAMAMA CLUB.
How can I contact
other members if I don’t have access to their contact information?
To get access to the
contact information of other members, you have
to upgrade to full membership. Full membership gives you unlimited access to members
around the globe and provides you with various other benefits.
How can I add a contact
to my network?
You can add existing
members to your network by exchanging either teasers or messages. Contact with a
returned response will create the connection.
You can increase your
network considerably by using
IdeaMama’s Network Accelerator and adding your
friends or contacts from all your address books (Outlook, Aol, Gmail, Plaxo, Hotmail,
Can I try IdeaMama
full membership first before committing to payment?
Yes, use our “invite
friends” feature, build network of 1000+ personal contatcs and receive 1-month free
trial to see if full membership is right for you.
Why should I post
my ideas in the club?
There are many benefits to postings your ideas in collaboration threads.
You let other members
learn about you and by doing so you might attract exciting job or partnership opportunities.
You can bring together
a team of professionals who can help you to get your idea off the ground. You can
approve other members who wish to join your team, raise funds for your project,
license your new product, gain equity in the newly designed company etc.
Who can post ideas
in IdeaMama Club discussion threads?
Any full member of IdeaMama
If I post my idea,
how can I be sure that it will not be stolen?
It is solely up to you
how much information you wish to disclose for IdeaMama Club members in open threads.
To read documents attached to your project,
members sign a general Non-Disclosure-
Agreement, but there is always a risk that a similar idea might already be in development.
Unfortunately, an “idea” cannot be protected unless it is already developed to a
stage where it can be copyrighted, patented or trademarked. Please take the time
to regularly read articles and blogs on Intellectual Property Protection
to understand better the level of your risk when disclosing your idea. We suggest
you to try to protect your idea before
disclosing it in the club. On the other hand, while this risk always exists, we
believe that nobody can execute on an idea better than the entrepreneur with the
vision. We also believe that if an idea remains undisclosed and untouched for too
long, the risk can be even greater that you lose
rights to your idea, since someone else may have come up with a similar idea. Therefore it is solely up to you to make the decision
whether to disclose the idea and benefit from the collaborative process or build
it on your own.
Can I reduce the risk
of my idea been stolen if my Intellectual Property is not yet protected?
There are several things you can do to reduce the risk of disclosure. We
suggest you coordinate the information
you disclose. If your idea is fully developed, we suggest you to post just enough
information to make other members interested in your project and help you to evaluate
the idea, but not enough to impose it without
your participation. More details and
support documents such as drawings and technical sketches, Business Plan, P&L,
PowerPoint presentations etc, can be attached separately and viewed only with your
approval and on signing NDA.
We suggest you ask signing Non-Disclosure
agreements with those members who open/download your documents before approving their view status.
Can every posted idea
Likely not. We assume
that only a certain percentage of all posted ideas will move to the execution stage
and only a small percentage of newly created ventures will be successful. The success
of each newly designed product or business will depend on the idea, the development
strategy, and the driving force behind it – the people who lead and deliver the project.
Is IdeaMama responsible
for the success of my venture?
No. IdeaMama Club Corp.
provides its members with tools and help
to create more and better ideas and to easily
attract talent and resources to your project from all over the globe. But it is
up to you and any team that you form to make your project a success. Our team is
available to advise, but only you can make things happen by bringing your passion,
vision, patience, drive, tenacity, leadership and team-building skills, the willingness
to risk and the ability to make professional decisions, the wish to learn and all the other qualities that are a must for
any successful enterprise.
Who is a Project Founder,
what is her/his role, the rewards and responsibilities?
Project Founder is an
“inventor”, a person who initially came up with the idea for a new business, artistic
project or product. He is the innovator behind the venture and it is his responsibility
to attract the right people to the project,
tell the club’s members about the project’s progress and needs of his “baby”. The Project
Founder can approve or disapprove, hire or fire people from his project. The CEO
will be his right hand and the entrepreneur behind the inventor’s idea.
Project Founder will
automatically get 5% of equity in the newly formed company unless other compensation
is negotiated with the team members.
What is a CEO and
what is the role, and the rewards and responsibilities?
The CEO (Chief Executive
Officer) is a project leader hired by a Project Founder to manage his/her project
- a newly designed business. While a Project Founder’s role hinges on creating the
winning idea and attracting interested parties,
a CEO’s responsibility is to evaluate team members’ skills, experience and personal
characteristics, to form a successful entrepreneurial team and manage it for the
project’s success and the common financial
benefit of the members. It is suggested
the CEO would be the person responsible for covering the initial costs for a company
registration, as he is a major shareholder in the company (unless negotiated otherwise
with the team members) and is the one who invests value added capital through providing
business management and leadership.
As a CEO, how can
I create synergy between the team members who only know each other ‘virtually’?
Building a dream-team
within IdeaMama Club is a complex task, but it is no different than in “real world”.
It is a great learning experience for leaders, even for those who have an extensive
management background. Here are a few tips that will help to make your project successful:
Make sure that your team members complement each other; not only that their professional
skills match, but also their personality types. Use IdeaMama’s free personality
assessment tool* (*in development) to make sure that your team members share their resources and apply their best abilities effectively
to create more value.
Arrange weekly meetings for your team; make them productive and fun. Choose a time convenient even for those who might still have
a full-time job.
Organize other special events for your project and attract more attendees who could
become loyal fans and supporters of your ‘baby”.
Lessen on-line communication and heighten face-to-face interaction between your team members.
Focus your efforts on effective communication between your team members. Be open
to dealing professionally with any misunderstandings. Be a mentor, not a judge.
Remember, you are not managing ordinary people, but individuals with strong personalities
and specialized talents. Learn how to keep them motivated and let their creativity
Be open for external help to deal with potential HR issues. Use our Dispute Resolution
Center and encourage HR professionals in the club to advise you and your group.
Who can apply to join
teams of IdeaMama Club’s projects?
Any member of the club
who feels that his/her qualification fits needs
stated by a project founder can send application and join this team as a partner.
Who approves applications?
Applications can be approved
by a project founder with the help of the CEO and other team members of the specific
project, who were approved by the project founder before
Who will a Project
Project Founder will
select applicants whose expertise, experience and personal characteristics are the
most suitable for the role and her/his idea
What are the project
archive threads for?
As you will notice, your
initial idea will go through significant transformation on its brainstorming stage.
If the thread is too long, it will confuse members who want to support projects,
as it will overwhelm them with unrelated information. Therefore revise your postings
regularly – send old discussion threads to the archive and update the current status
of your project.
How can I gain more
attention from other IdeaMama Club members?
When members search new
contacts within IdeaMama Club, members who are always listed on the first page of
any search attract more attention.
We suggest you make sure
that you regularly:
Update your profile, make it interesting to read, post cool photos
Strengthen your reputation
Post endorsements on other members’ profiles
Take part in as many IdeaMama Club discussions
as your time allows
Grow your network
How can I grow my
The easiest way is to
invite every person you meet to join the Club.
You can also create an
auto-reply or automatic e-mail signature that suggests everyone to connect with
www.ideamamaclub.com. Please make sure you provide a link to your profile or create
your electronic signature with our help.
How can I strengthen my reputation?
Your reputation is calculated automatically starting from:
Committed to a new project in a team member’s role:
Committed and you change your mind:
Completed tasks according to a deadline set by your team:
Invited a new member to the club:
Was blocked by other member:
Was removed from a member’s network:
As you see, one of the
easiest ways to strengthen your
reputation is to invite as many members to www.IdeaMamaClub.com as possible. The rest
is the result of your learning experience.
What financial benefits
will I gain from forming new projects?
Each project aims to
become a new business, therefore every party involved can choose
to take equity in the business (become a shareholder), request salary, work on a
profit share basis, charge flat fees, earn introduction fees or volunteer to just
help other like-minded people make their dreams come true.
Compared to basic
membership, what are the benefits of full membership?
See Membership information.
What are the benefits
of becoming a Chapter Leader for IdeaMama Club?
See Membership information.
What are the benefits
of becoming a Sponsor of IdeaMama Club?
See Membership information.
Should I pay for access
to any of IdeaMama clubs (Product Development Club, Business Development Club, Marketing
Club, and Investors Club)?
No, access to all clubs
is available with full membership. All you need to do is to read carefully the Ts&Cs
for each club and agree to it.
What is the difference
between projects posted in IdeaMama Product Development Club and IdeaMama Business
If you have an idea for
a new product we suggest you to post it in Product Development Club where, with
help of other members, you will tune your
product idea, patent it, develop a prototype (if necessary) and license it to interested
parties. If you would like to market the product yourself, then we would suggest
you move the thread to the Business Development Club as soon as you wrap up and package your product. In that club you will form
a new company that will market your new product and easily can raise funds using
built-in facilities for doing so.
Can I post my existing
business in IdeaMama Marketing Club and pick members’ brains for a new marketing
No, unless you became
a VIP members of IdeaMama Club. Only Sponsors and VIP members as sponsor’s representatives
have privileges to post new marketing tenders and collect mind-blowing ideas for
its new marketing campaigns. IdeaMama will credit participants for the best ideas.
As a marketing/creative professional and a full member of IdeaMama Club you can
respond to those threads and expose your marketing knowledge and creative talent
to gain credits against your membership and attract potential employers.
So, is IdeaMama Marketing
Club a place where we will brainstorm on marketing ideas for the Club’s projects?
IdeaMama Marketing Club
is designed for companies that have moved beyond the launch stage. The initial marketing
campaign for your new business launch will be discussed in the Business Development
Club. As you launch your project, members most probably will lose interest in supporting your “baby” and move on to new
ideas. That’s when your new company can become a Sponsor of IdeaMama Club and use
Sponsorship privileges and benefits.
My idea successfully
went through the brainstorming process, a team was formed, but as time goes by I
am not satisfied with performance and my idea isn’t moving forward. Can I change
If you, as a project
founder, are not happy with the pace with which your idea is moving forward, we
suggest you to discuss it with your team. In case the situation does not improve,
you can make a decision to remove those members of the management team who, in your
opinion, under perform or destroy the chemistry in the group. As you announce that
your team has a vacancy again, you can start accepting new applications or invite
more qualified team members. We encourage you to discuss any changes in personnel
with you CEO, unless you think that he/she is candidate number one for replacement.
Should I accept only
local team members or can they be found
anywhere in the world?
Please consider it as
a hiring process. Most probably, as you build a business, you want a management
team to live close by, be able to meet often enough even if initially your office
is a virtual one. But there are number of contract positions that can be outsourced
overseas. There are no set rules about forming a team, therefore please use your
common sense and make sure your team has an opportunity to work together effectively.
Also, if you will be
applying for funding, investors (if they are not local) might want you to set up
an office in a specific city, so your team has to be flexible about relocation on securing such funding.
What is the best way
to move my projects forward?
There is no single formula,
but what we suggest you to do is:
Make sure you perfect
your idea with participation of other members
Recruit an experienced
team in your industry that can achieve it
Prepare a Business Plan
with the support of your management team
Raise funds if necessary
Aid your management team in running the company and leading it
How can IdeaMama Club
help me to raise funds for my business?
Please see the Ts&Cs
to understand limits and involvement
of IdeaMama Club in the process. What IdeaMama offers is a simplified tool that allows you to follow simple steps to:
Post your project in
the Business Development club
Create your “fan club”
– attract people who believe in your project and are willing to help
Make sure that you have
a strong management team in place
Use IdeaMama Club’s fundraising
tool, find “family and friends
money” to complete a few initial tasks
Post your project in
the Investment Club
Approach accredited investors
that have expressed interest in your project
Find a few committed
licensed intermediaries (capital brokers) who believe in your project and are interested
to raise funds for your new business
Regularly follow up with
your brokers on their success; take part in
presentations to investors
If in 6 months you haven’t
had an opportunity to present your project to investors, change your brokers
10. If after 10 presentations you have received
10 negative responses from various funding sources re-evaluate
your presentation, it might need improvement.
If after the next 50 presentations you have the same result, you might consider
moving on and finding a project within the club that would be a more attractive
investment opportunity for Venture Capitalists, Angels and other investors. But
if you believe in your idea don’t give
up; be creative and persistent.
How can I attract
more attention and find more collaborators for my project?
For your project’s success
you have to attract as many fans and supporters as possible, and what is even more
important – you have to find the right people for your project. We encourage
you to use various Message/Bulletin Boards on the net, Forums, Free
Job Posting Sites, Yahoo/MSN Groups and post Blogs.
you to give a one-sentence description of what your start-up is about and what vacancies
you have. For details, refer interested parties to your project on www.IdeaMamaClub.com (mention title of the
project, its number and give a few search tips if necessary).
Please read the Confidentiality
Note in T&Cbefore disclosing any information about the projects created within
Who should I contact
if I still do not fully understand how IdeaMama Club works?
Please do not be discouraged
by the fact that you do not clearly understand all opportunities and benefits of
the club. It is a new idea and we
expect new members to have many questions.
Please Skype Olga Kostrova, the Founder of IdeaMama Club Corp. (ID: IdeaMama) or
call 416.875.3199 and we would be happy to help
you in exploring the club further.
Does IdeaMama Club
Corp. hire for internal full time/part time/ contract roles?
Yes. If you would like
to become a part of our fun and dynamic team, you can visit our Career section
and apply for advertised vacancies. If you want to create a position for yourself
please send your proposal and describe how IdeaMama Club Corp. and the Club’s members
can benefit from your proposition.
What should I do if
I have suggestions on improving the club?
We are keen to hear your
ideas on how the club can be improved. Please post your comments and suggestions
in the Forum in section How can we improve IdeaMama Club?
How can I benefit
from introducing new members to the club?
By introducing new members
to the club you bring more intelligence and resources to your future projects as
well as projects of other members. In case you decide to become (and are eligible
to become) a shareholder of the club, value of your shares will grow in correlation
to the success of each individual club’s project – newly created product or business.
Who should I contact
if I have a proposal for IdeaMama Club management?
I have a product that
could be sold on-line. Can IdeaMama resell my product?
You can sell your product
by creating your on-line shop. We are always interested in NEW cool product that
benefits our members.
How can I market my
service to IdeaMama Club’s members?
be interested to offer your service to our subscribers if you are able to prove
your reliability, reputation and show how your service
can benefit the Club’s members. Please
your detailed proposal
and we will contact you
if we find that it fits our current strategy.
Other options you might consider are: banner advertising on www.ideamama.club, listing Service Providers’
Directory, or participating in our tenders.