How will it work?
We will solicit business ideas for products and/or services from the registered users. We will vote on those ideas. The top two will be put to a second vote where majority rules. That’s the business we pursue.
Who will write the business plan? We will vote on that. Who will we hire? Put it to a vote. What is our marketing strategy? Vote again. That is how the business will be run.
Yes, we will hire real employees. They will keep blogs. We will podcast their meetings. At least, that is my intent for now. Those of you who think business is cool can have a sort of reality tv experience by watching what goes on as the business gets started and gets off the ground.
Only registered users can vote, but once something is decided, it will be public. What about potential competitors? Well in addition to the “wisdom of crowds,” we are also testing another concept – can the model of open-source software be applied to business? I think it can. If open source programs can compete with proprietary ones, open source businesses should be able to do the same.”
This sounds like a good idea. I have registered with this site. Let’s see how it goes.