Great business ideas can be stated on the back of a napkin. If you are contemplating starting YOUR own business during these tough times, just know that the idea itself is not all that important, it is what you do with it that matters.

J. Paul Getty even let us all know HIS formula for success:

1. Get up early.

2. Work hard.

3. Find oil.

My son came up with his own version of a great business idea:

How to Start a Pharma Company

1. Develop cancer-curing oncology drug
2. Have Roche market your drug using their sales force through a revenue share agreement
3. Set up a bank account to collect your checks

It will cost you nothing and will be a gift to mankind.

What is your new business idea? (ed note: No, we don’t sign confidentiality agreements.)