Thursday, May 31, 2012

How to Get Paid for Ideas

This is a frequently asked question with not such a simple answer.  How can normal, everyday people get paid for ideas?  There are a variety of methods to make money online, such as taking surveys, playing games and writing for blogs, but with very few exceptions there is not much money to be made.  The truth is you only get out what you put in.  Just an idea by itself may not be worth much.  An idea alone cannot be copyrighted.  However, an idea that is well thought out, developed with detail, illustrated and executed into something useful can be very valuable if it is presented in an effective way.

Who buys ideas? Individual and entrepreneurs? Yes, but there is a growing industry that has corporations large and small buying ideas from people just like you.  Crowdsourcing is the concept.  It has been around for a few years, but only now can you sell ideas to companies and make a handsome profit.  There has been a growing trend among companies to use the power of the Internet and crowdsourcing to tap into the consumer market in a way that no method of business research has been able to replicate.  Not only can companies put their finger on the "pulse" of the marketplace, but they can do it at a lower cost than traditional business research.  This was the genesis of our new website youZingit.  In a sense, you are "youZing" your mind, "youZing" your passion and "youZing" your talent to get paid for ideas.

Take a look at Domino's Pizza, Starbucks, Dell and Sony.  All of these companies and a growing list of major corporations are recognizing the power and cost savings of crowdsourcing to improve their products and services.  Maybe a car company like Dodge, wants to compete with Ford in India.  How?  Use youZingit to gather ideas and preferences from the people of India, offer a cash prize for the best ideas and develop that idea into a new or improved product.  It is a simple concept, but building a website platform so that people can get paid for ideas is no easy task.  We have studied the crowdsourcing market and how to bring value and protection to idea sellers and buyers alike. We are in the process of coding our website for release in the near future.  Visit youZingit and sign up for our mailing list to be notified of our launch date.  Check back to this blog often, as we will be frequently detailing how to develop ideas that appeal to companies.  Our website will provide you with all the resources you need to create, develop and organize your ideas so that you can be part of the crowdsourcing revolution!

Thursday, May 3, 2012

Our First Contest - $250 Cash Prize


Enter our Facebook Cover Photo Contest!

While our full website is being developed, we thought we'd have a little fun with some contests! 

Description:
Design a new Facebook Cover Photo for the youZingit Facebook Page.

Timeframe:
Contest begins 5/3/12 and ends 5/31/12. A winner will be selected by youZingit by 6/7/12

Prizes:
A $250.00 USD cash prize will be awarded to the Winner. Three Runners-Up will receive $20.00 USD each. 

Instructions:
The cover photo can be colorful, sleek, simple over-the-top- its up to you! We encourage something creative. Relating it to the concept of an idea or idea creation is one thing to consider, but we are open to just about anything.