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Virtual Companies and Virtual Economies with Real Benefits

Virtual economies are arising on the Web to support many different interests. For example, millions of people have accounts in multi-player online games -- the popularity of these virtual worlds is growing rapidly and is taking many different forms.
Views: 1.216 Created 03/31/2008

Virtual economies are arising on the Web to support many different interests. For example, millions of people have accounts in multi-player online games -- the popularity of these virtual worlds is growing rapidly and is taking many different forms. The money exchanged for virtual “things” and “services” in these games is for real, though the action happens entirely within the realm of fantasy. Games such as Sony Entertainment's EverQuest and sites like Second Life require virtual money for the players to fully experience “being there.”


Yet, virtual economies are not just for gamers and entertainment; some people use them for "real" economic benefit on sites such as IdeaMamaClub.com, where real ideas and real products are developed by real people around the world, in a virtual environment.


Some researchers estimate that an average entrepreneur has at least three new business or new product ideas a month, and some have even more than one a day. Yet the majority forget about these revelations immediately because they have no motivation or resources to pursue those ideas -- they don’t believe in their ability to execute on their ideas, or they fail to find the resources needed for the successful implementation of the concept.


IdeaMamaClub.com provides innovative tools and resources for its members to capitalize on every solid idea, and it provides a process to weed out the good ideas from the not-so-good. In its collaborative “ecosystem” environment, ideas grow with the help and expertise of other entrepreneurs, leaders, experts, and capitalists from all around the globe. No good idea needs to be wasted ever again.


Ideas, capital, and expertise are exchanged here, in an open and collaborative environment that encourages members to support each other – and share in the resulting wealth. It’s not a synthetic economy at all; it is an accelerated economy where the rules of the real-world are brought into a virtual world and the wheels turn much faster. Roadblocks to progress are quickly resolved here -- what would take six months for a normal start-up to accomplish can happen over night within IdeaMamaClub.com. From the time a new idea is posted by one member, to the moment when the project is fully packaged for presentation to investors with a professional management team on board, can literally be just a few hours.

Within these few hours an idea goes through assessment and fine tuning by thousands of members who add their expertise to make the initial idea more unique, commercially feasible, and beneficial to humanity. Within those few hours you also might collect investment bids as well as introductions to strategic partners and top customer accounts.


This platform is a great source not only for inventors and entrepreneurs, but also for venture capital companies, corporate investors, and independent investors who can not only observe the nurturing and development of these new innovations, but they can also bid on the investment opportunities that promise high returns. IdeaMamaClub.com is thus a healthy alternative for “angel” investor networks. It was founded to make the whole process of sourcing and evaluating deals easier for both the company that seeks funding and the investors who seek opportunities. It brings together successful high net worth individuals who, besides the networking opportunity, have a chance to find “students” and mentor bright, promising entrepreneurs, passing on to them their own knowledge and experiences.


IdeaMamaClub.com was founded, and funded, by Olga Kostrova, a dynamic, eccentric entrepreneur who came from Ukraine to conquer the American continent, starting from Canada where she lived for seven years. There, she tested the water with a few different ventures. Then, she ended up living in California, almost by accident  --  after a two month business trip to San Jose, she made a phone call to her Canadian colleagues with the words “I will miss ya, guys, but Northern California with its ocean, mountains, and exceptional talents just won't let me go.”


Olga started IdeaMama Group as a consulting company for inventors, with a few thousand dollars to cover a few months of “hunting for clients.” The profits from her consultancy were reinvested in the development of the current digital platform when she saw the potential and impact her idea can make on the lives of millions.


“Development of this Web 2.0 project took four times longer than expected of course,” says Olga,” but I am happy that in 2007 we finally arrived at Beta, even though it’s still a raw version of what I want it to be. When I shared the idea with investors in 2004 they were sceptical and believed the idea was a decade ahead of its time. Now, only three years later, users seem to realise the potential of social and business networking platforms, and many more innovative ideas are coming to market that require support. And, with the current recession, more alternatives for self-employment will become a necessity. So, we seem to be in the right place in right time. Now we are ready for the 1st round of funding and are open to offers from private and corporate investors. But I am not in a rush and I'm looking for partnerships that will become long-lasting and enjoyable.

"Every new business I started was a great learning experience; learning not just about the business but also about myself – my strengths and weaknesses as a business person, my preferences, levels of tolerance towards events and behavioral patterns of others... And the most important thing I learned is my purpose -- what I am here for, in the real world.

"With each new feature and tool we introduce on IdeaMamaClub.com, we aim  to create wealth for many people, both materially and spiritually. The club’s environment can make a millionaire of everyone who truly wants to become one and is ready to make an effort to reach their goals and to see their dreams come true. I use the word millionaire neither as a final destination nor an ultimate goal, but rather as a measure of the personal achievements of the club’s members.

"IdeaMama was designed for talented individuals to make a bold statement, 'I am!' for their ideas. It’s a true bridge between an idea and a business empire.” 


IdeaMamaClub.com supports inventors who are involved in innovation in various industries: biotechnology, commerce, education, energy, entertainment, environment, finance, health and medicine, information technology, materials, space, transportation, and many others.


Now there is no need for banging your head on closed doors, begging for help, or pleading for a few development dollars. IdeaMama was created so that the resources and support you need come knocking at your door. So, invent till you get dizzy, if that is your talent, and let others carry the ball in those areas where you are inexperienced. You cannot do it alone, yet with IdeaMamaClub.com, your efforts are just what's needed to get real-world results, and make a real difference in the world for everyone. Do what you do best, join with others doing their best, and reap the rewards -- it all happens at IdeaMamaClub.com

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