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Promote, Vote, Win...

14th March 2009

a new social networking phenomenon about to go large

How do you combine online social networking with a little more edge? Something that raises the stakes but is not direct advertising or blatant promotion. How could you link personal and business goals and tune these to the new world economic situation plus make it fun and entrepreneurial with a real added value at the end.

POVOW.com Promote, Vote, Win!

(Pronounced PO VO)

This is a new idea and has the following ingredients:

People - with ideas that need promotion

People - with ideas that need money

People - who want to see people succeed

People- who champion new ideas

People - who want economic recovery

People - who love social networking

People- who want to take part, perhaps anonymously

People - who understand that online gives real freedom

So how does it work:

You are talented and wish to sell yourself and your ideas, this maybe a business idea or just an invention.

You go to the POVOW.com (promote, Vote and Win) web site and add you idea (you have to accept that if it is not patented or copyrighted it could be copied). You promote the idea on the website by writing about it, adding video, podcast or anything you think will be interesting to voters. You pay a £1 or (dollar equivalent) as minimum entry to the £1K game. You promote idea on twitter, facebook, stumbleupon.. or any of the social networking sites.

Next you decide on a draw to enter. £1K, £10K £100K £1m.

£1k = £1 entry

£10K = £10 entry

£100K = £100 entry

£1m = £1000 entry

You then get everyone you know to vote for your idea by going to POVOW.com. This can be by a link on any social networking site or your own website. The idea is to promote your idea and to gain votes.

When the the target of has been reached of new ideas the idea with the most votes wins the pot . (e.g 1000 ideas are added to the £1K POVOW the idea with the most votes wins the pot)

The money is transferred to the person with the winning idea and all the voters go into the winning voters hall of fame. (They can opt in to receive further information about the idea)

Any idea can be entered for further POVOW's by spending another £1.

Why would you vote?

People are intrigued by ideas and the thought of voting for an idea that wins means you have an instant buzz if you are right

You may wish to support your friends, town, country, school, association or political party. All these categories may be added into the POVOW entry

Are there enough people with ideas out there?

We need millions of ideas and millions of people to vote. It would seem for anyone needing a way to promote an idea get instant feedback this is a great opportunity, plus the added chance to win funds. With social networking in play you are even able to help generate your own votes by persuading people to view and vote on your own idea.

What about confidentiality?

There are millions of people with millions of ideas but turning any of them into winning successful products or services is the most difficult thing in the world ask any entrepreneur! So in many cases it is worth the risk. (you can still protect the idea in the normal way of course).

Why will it work?

POVOW is about building a following for your idea. If you don't create your own followers you are unlikely to win, however, as the number of ideas and voters increase POVOW will become a portal for ideas. Remember all £1 entries are given to the winning idea each time the target is reached. You may enter your idea into the £1K, £10K, £100K and £1m

Why will people add ideas?

As POVOW creates voters by entrants social networking, the site will show the number of ideas submitted and as the number approaches the target of 1000 in each category so the amount of networking and promotion created by the participants will increase. (there will be excitement as the number of votes for each idea will be shown) This helps them by promoting their idea and promoting voters.

How do we prevent orchastrated voting and multiple votes?

There will only be one vote allowed per person (or unique email address)

Will people vote?

There is no reward for voting so it is as much about the power of the particpant to generate votes and the positive social feedback you are creating by voting that will encourage individuals to take part. As all the money goes directly to the winner and winning voters become followers of the winner by entering the winners hall of fame POVOW creates a positve feedback loop for all involved.

And finally

If you idea is a POVOW winner it is immediately legitimised as something that has appeal. This is good news for everyone especially investors who are looking for ideas that have been researched.

And as the POVOW strap line says - PROMOTE VOTE WIN isn't that what the business world is all about.

You promote it people vote for it and you win!

Please send your ideas and feedback to stuart@greenfield.co.uk and they will be published here.

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