2,527 crowdsourcing and crowdfunding sites
We recently launched a beta version of a new social recommendation site called TrustRecs. It is a free online service that helps you easily tap into your friend circle to find a good service provider.
As you go through different stages of life or move from one location to another, you need different services. For example, when you move, you need a good mover. Similarly, when you have a kid, you need to find a good pediatrician, or after you buy a house, you may need a good gardener, plumber, electrician, handyman and other providers. How do you find a good provider? According to a Nielsen study, 92% people trust recommendations from friends. TrustRecs makes it really easy for you to ask your friends to recommend someone they have used in the past and liked.
The story of how TrustRecs came about is an interesting one. Most likely, we would have not developed TrustRecs if it were not for the power of crowdsourcing. I posted the idea for TrustRecs last year on a crowdsourcing platform called GoodorGreatIdea.com. It is an idea brainstorming site for budding entrepreneurs. It enables you to easily crowd-source feedback for your ideas and find out which ones are worth pursuing further.
The idea for TrustRecs was rated highly by a lot of people on GoodOrGreatIdea.com; it averaged a rating of 4.2 out of 5. That gave me the confidence to move forward with the idea and develop it into a product. GoodOrGreatIdea.com helped me validate my idea. In the absence of that validation, it would have been difficult for me to move forward. TrustRecs is trying to solve the same problem that Yelp and Angie’s list are trying to solve, but with a different approach. GoodorGreatIdea.com helped me validate that people would prefer TrustRec’s approach.
In addition, I got a lot of good feedback, which allowed me to refine the idea. The original concept was slightly different from what TrustRecs is today. People pointed out the weaknesses in the original concept and gave suggestions for making it better. They helped me make TrustRecs a better product.
This is a great example of how an entrepreneur could benefit from crowdsourcing. I will admit that there is some risk in discussing your ideas on an open platform. There is the possibility that someone may steal your idea, but I believe it is more of a theoretical risk than a real one. The rewards far outweigh the risks. TrustRecs is a great example of that.