The problem with burning out on a bike from a stop, is that your bike is not straight up and down. As soon as the tire looses traction, it will start swinging out the opposite way you are leaning. i.e., at a stop, if both feet are not down, you are likely leaning to the left. That means the rear tire will swing out to the right. You will fall down. If you have both feet down, the bike will start to shimmy left to right as the tire loses traction. One of those shimmies will be enough to finally get the rear tire getting ahead of itself either left or right.
The only real way to do a burnout like you want, is to get moving in a straight line first. At about 15 miles per hour, get off the seat, lean as far forward as you can, and crack the throttle open while feathering the front brake a bit. You will still likely spill it, as you will get the same shimmy, but to a lesser extent. And, as you haven not ridden motorcycles much (as evidenced by the question at hand), it is extrememly unsafe, and this method will have you unbalanced and going faster than you'd like when you eat #$%*.
I learned this stuff from years of riding dirtbikes. Dirt is way softer than asphalt. Have fun.
/edit: you posted while I was writing this. Good on you for letting common sense get the better of you
