GoDaddy Builds App for Entrepreneurs to Get Idea Feedback

Home » Small Business » Small Business News » GoDaddy Builds App for Entrepreneurs to Get Idea Feedback

GoDaddy Builds App for Entrepreneurs to Get Idea Feedback

When

you’re an entrepreneur there’s really no telling when your next great idea will hit you. Additionally, while you may sometimes instantly know that you’re on to something, other times your idea needs developing and some honest feedback. Traditionally this is where the advice of friends and family has come has been relied upon but a new app is making it so business owners can solicit advance from a much larger crowd of unbiased voices.

Introducing the Flare App

This week domain registrar GoDaddy unveiled an app called Flare that allows entrepreneurs to share their business ideas with others easily. As VentureBeat reports the free app is currently available for iOS and will come to the Google Play store soon. In terms of what the app is like, Flare has been described as being a “cross between Shark Tank, LinkedIn, and Tinder.”

While the Shark Tank and LinkedIn comparisons make a good amount of sense the Tinder one may seem a little out of left field. However the connection to the popular dating app comes from the functionality of Flare where users can swipe right on ideas they like when swiping left to indicate they don’t care for a given pitch. If an idea gets enough positive feedback then the entrepreneur can follow up by asking more questions regarding their specific pitch such as price point, location, etc.

According to GoDaddy’s VP of emerging products Rene Reinsberg, the idea for the app grew out of several inquires new domain registrants had for the company’s employees during their routine “thank you” calls. He says during such calls customers would ask team members, “What do you think of my business idea?” Reinsberg elaborated, saying, “Everyone has ideas, but too often they don’t go anywhere. We created Flare because we recognized the need for a community where people can get impartial feedback on ideas and connect with others to help them turn those ideas into something meaningful. Whether you’ve just had a fleeting thought and want to explore where you might be able to take it, or you’ve been dreaming of creating your own business your whole life, Flare is the first place to go for someone who wants to take the next step.”

Reinberg is also betting that people will join the Flare community simply out of a desire to help others. Although there’s no reward or gain for those offering their honest advice to the app’s entrepreneurs, the concept is that people will lend their knowledge similar to answering questions on Quora or editing a Wikipedia page. Flare is just the latest example of the sharing economy being a big asset for small businesses seeking advice following an influx of advice being doled out on platforms like Snapchat.

With GoDaddy’s Flare still in its first days it’s too soon to tell if the app will be a hit or will provide small business owners with the type of feedback their looking for. Additionally, while you’d hope that such a platform would attract nothing but a helpful audience, sadly no app or website is truly safe from trolls.  Still I have to say that this is an idea I’d definitely “swipe right” on.

Comments

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Author

Jonathan Dyer

I'm a small town guy living in Los Angeles looking to make solid financial decisions. I write for a number of finance websites, including HuffingtonPost and Business2Community. I founded DyerNews.com in 2015 to focus on personal finance and the emerging FinTech markets.

Other Articles by Jonathan Dyer

Delta Announces Major Profit-Sharing Bonuses for Employees

As the United States economy has continued to expand and executive compensation has expanded with it, income inequality has become a more high-profile topic. While that's partially because of the latest election cycle and the controversial 2017 tax bill, grassroots minimum wage hike efforts and the like have also played...

Chainalysis Suggests $2.8 Billion in Bitcoin Was Laundered Last Year

For as much mainstream success and acceptance as Bitcoin and other cryptocurrencies have enjoyed in recent years, there are still those who remain skeptical of digital currency. In addition to those who criticize crypto for not having any "real value," regulators have repeatedly pointed to the ability to "launder" funds...

Chime, Robinhood Top FinTech VC Investments in Q4 2019

Looking back at 2019, it's fair to say that it was a pretty good year for FinTech. From startups launching new products to major acquisitions being announced, there was plenty of news to keep up on. Of course 2019 was also a big year for investments. In fact, the latest...