Singaporean Entrepreneurs

14 Aug, 2008

Wikinomics & Gogme.biz

Posted by: Singapore Entrepreneur In: Business in Singapore|Web 2.0

Tapscott and Williams wrote the book WIKINOMICS way back (considering internet time) in 2006. There they posited that mass collaboration on a world scale will fundamentally change the way businesses will be conducted in the near future. In fact, they clearly establish how companies big and small have already taken advantage of the internet’s ability to harness intellectual, social, and financial capacity on a mass scale at near-free costs.

Fast forward to August 2008 and what they talk about has played out in manifold ways. More and more people, truly understanding what Web 2.0 offers, have started very successful companies providing platforms for mass collaboration. Suddenly, the small guy can offer as much as the big guy, with very little difference in quality. At the same time, the big guys are finding out that very small niche players have a lot to offer to them such as the case with Goldcorp Inc, a mining company that was able to identify 50% more targets (which yielded substantial quantities of gold) than their experts were able to pinpoint by opening up the “hunt” to everyone and anyone interested in looking at the data.

ENTER GOGME.BIZ
In the same spirit of mass collaboration, Gogme.biz, a new business based in Singapore, wants to harness the minds, resources and pockets of individuals world-wide to kick-off three (3) businesses. They expect to whittle this down from an initial pool of 50 business ideas, and via votes from its membership, get it down to 10 (idea generators get US$1,000) and then the final 3 business plans will actually be implemented.

IDEAS, ACTION, REWARD

OPTION TO PARTICIPATE LATER
If you’re not sure if the chosen businesses are the real deal but think they may have a fighting chance, Gogme members are given the option to takeover or franchise businesses that have proven to be sustainable or profitable at a later date.

CURRENT STATISTICS
Even though Gogme.biz is still in beta launch it already has:
Total Site Members: 427
Total Contributed Ideas: 72
Business categories that currently have business ideas churning in the forums include: Advertising and Marketing, Computers and Internet, Education, Entertainment, Fashion and Beauty, Food and Beverage, and Tourism&Travel.

To find out more about Gogme.biz and decide for yourself whether what they have to offer is for you, especially if you’re just tinkering with the idea of becoming an entrepreneur, sign up, lurk, or start chatting with the other entrepreneurs.

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5 Responses to "Wikinomics & Gogme.biz"

1 | arvin

August 15th, 2008 at 5:09 pm

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Interesting article. Keep up the good work!

2 | Wikinomics » Blog Archive » Wikinomics in the Blogosphere

August 19th, 2008 at 12:08 pm

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[...] Singapore Entrepreneurs talk about how Wikinomics principles are being applied in the new Singapore-based business Gogme.biz. Gogme plans to harness the minds, resources and pockets of individuals world-wide to kick-off three new businesses. They will whittle down an initial pool of 50 business plans down to 3 via votes from its membership. The final three plans will then be implemented. [...]

3 | John

September 8th, 2008 at 1:07 am

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Whats the most important with SEO?The title? I really need work on SEO lol.

4 | Wino

January 16th, 2009 at 11:36 am

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wonder how this is working out given the financial crisis, better or worse?

5 | Naigh

October 16th, 2009 at 3:23 pm

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I want the phone but i dont want to pay additional for the internet. If its possible can i buy apps on my computer then sync them to the iphone

________________
unlock iphone 3g

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