Springspotters: Crowdsourcing Business Ideas

February 3rd, 2009 in News, by Head Honcho

There are many reasons why having your own business is a good idea. Having your own business means that you get to control your time, you are financially independent, and you get to be your own boss.

Anytime is a great time to start a business, economic downturns notwithstanding. So it is always advisable to look for the next big business idea that can be turned into big bucks.

Even if you do not have capital to start a business, you can still take advantage of new business ideas that you see around you by emailing it to springspotters for a chance to receive some really cool gifts.

springspotters is the world’s largest idea-spotting network. It crowdsources business ideas from contributors - who are now more than 8,000. An interested contributor - whether he is a business savvy person, a fast-moving urbanite, a slow-moving thinker, or a frequent flyer - just has to  recognize a new business idea when he comes across one, and then report it to the website. Submitted business ideas have a chance to be featured in websites such as Springwise and trendwatching.

A contributor need not invent a new idea by himself. All he has to do is to check out his community if there is a novel business idea or opportunity and then report it to springspotters. The site keeps track of a contributor’s submissions. Credits will be given if the submissions are appropriate, which will then be converted into points. An accepted contribution is usually rewarded with 10 points. These points can be exchanged for gifts. And there are many gifts to choose from - you can collect and exchange points for iPods, videogames, wines, books or gift certificates.

Aside from the gifts, being a contributor can be a means for him to show off his business acumen to others. A spotter can decide that his name be included if his contribution is featured in Springwise or trendwatching, which is a nice bonus in addition to the gift that you can possibly receive. So if you see a business trend worth looking at, head on to springspotters to get a chance to receive gifts and recognition.