Hot Startups - Swipp.Com Review

Site of the day - PickyDomains.com, world's first risk free naming agency

http://swipp.com

You probably remember how free social intranet provider Bitrix24.com has become the fastest growing social enterprise tool in 2012. But it's 2013 now. Aside from being “social,” Facebook, Google+ and just about every company in the social arena have something in common – to become the social layer beneath every service on the Internet and provide real-time social data that’s measurable, can be referenced and helpful to marketers and data analysts spanning a broad range of industries. Facebook’s recent release of Graph Search and everything else Google has been doing since Google+ was released in 2011 are adding up to this mounting evidence.

Launched on January 23, 2013 in 45 countries and 5 languages, Swipp is a brand-new social media analytics and sharing platform whose main objective is to find out how the general population feels about a given topic real-time. User sentiment is analyzed, and coupled with structured data that is readily available via sites like Wikipedia, app developers should be able to come up with more intuitive applications that can better predict users’ needs.

Despite the fact that companies providing consumer sentiment analytics have sprung up from here, there and everywhere, a lot of social data is unstructured, which means that making comparisons – let alone, drawing conclusions – from such data is easier said than done. Swipp’s answer is to recreate the way things are shared via social media to generate more consistent and functional data.

Technically speaking, you, the social media user, are still allowed to post random thoughts about random things – unstructured data, essentially. Swipp, then, would have you tag your post to signify that it’s under a subject that exists in its humungous library of structured web data. After which, to explicitly address the sentiment analysis side of things, it also would make you rate how you feel about your post using a scale of 1 to 10. And once the data is entered, Swipp lets you know how other people from different parts of the world feel about the same subject.

While Swipp may be able to give its users extra and relevant data, it doesn’t have the follower base Facebook has for Graph Search nor the user data Google has for every meaningful thing it has in store for Google+. Swipp is coming from nowhere and may need to beat insurmountable odds to become a major player in the social space.

Then again, as per Swipp co-founder and CEO, Don Thorson: Every big idea looks impossible up until the exact moment it looks inevitable. Whether he’s right or wrong is left to be seen.

[Via - PickyDomains.com]

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Startups Stories - Chaordix

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http://www.chaordix.com/ 

If you haven’t heard of crowdsourcing yet, seriously, I’d think you’ve wasted your time living under a rock. Okay, so maybe that was harsh. Let me back down a bit here. Crowdsourcing, if you honestly don’t know and are not pulling my leg, is the process of involving a crowd (Internet users) to complete certain tasks. That’s talking PickyDomains for naming, 99designs for designing or IdeaBounty for ideas pitched to corporations (and hey, they pay top dollar for the winning ideas). There are a lot more out there. Yes, a LOT.

One startup that has been in the crowdsourcing space since 2009 is Chaordix. Chaordix uses the power of the crowd for market research and insights it provides to its clientele, which include powerhouse brands like Procter & Gamble, American Airlines, Reckitt Benckiser and IBM. These brands use Chaordix’s Market Intelligence Platform to connect and engage with customers, build brand loyalty and innovation and drive market research.

Shelley Kuipers, Chaordix’s founder and CEO, narrates that Chaordix was spun out of a previous startup, Cambrian House. Shelley, along with her colleagues at Cambrian House, has seen the traditional way of doing things – broadcast advertising, focus groups, etc. – and asserts that participation is now the new brand experience. Customers love to participate, so that if you’re a brand and you lack an engaging and lively forum that customers can participate in, you’re most definitely lagging behind.

In 2009, Shelley and her team entered the crowdsourcing market a little too early. The business model generated a lot of interest, but instead of doing transactions, for the first 12 to 18 months, they were educating the market. At the moment, they are in the early adopters phase and have come to a point where the masses are finding them without any advertising.

When asked which was more difficult, to attract top talent or to raise capital, Shelley answered by saying she was fortunate to have attracted the right people and was more successful with that over raising capital. While the road to becoming investment grade had been challenging, it was a rewarding experience.

Chaordix has recently secured $1.5 million in Series A venture capital funding spearheaded by Yaletown Venture Partners and the Business Development Bank of Canada (BDC). Chaordix also has secured a partnership with KPMG UK on a new product that will be available online and via mobile.

[Via - BusinessWeek.com]

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CMS This!

Here's a short video about how to choose CMS (content management system) from BitrixSoft. BitrixSoft is primarily known for its intranet solutions, where it's number 2 right behind Microsoft. BitrixSoft's latest project is Bitrix24 - enterprise social network that offers free crm, free file storage, free project management, and other business tools that are free to companies with 12 employees or under.

Bootstrap This - 29+ Bootstrapping Sites You Should Know About

1. Bitrix24.com - Free CRM, planner, project manager, document sharing (limited to 12 employees)

2. PickyDomains.com - Pay per result naming service, $50 for domain/name/product line, slogan.

3. Reddit/Freebies - Community moderated daily updated freebies list.

4. AppSumo.com - Groupon clone for buying enterprise software.

5. JetRadar.com - Low airfare meta searchengine (searches through 700+ airlines to find best deals normally available through direct purchase on airline sites only).

6. SideJobTrack.com - Free invoicing.

7. MoneyBookers.Com (Skrill) - PayPal alternative, cheap way to accept online payments/credit cards (25 cents + 3%, please refer to site for exact details)

8. Kodesk.com - Office sharing. You can both buy and sell extra office space, including by the hour.

9. PRLog.com - Free press-release distribution.

10. InternMatch.com - Own slaves legally.

11. RetailMeNot.Com - Discount coupons, business section available.

12. OpenOffice.Org - Free MS Office alternative.

13. WaveAccounting.com - Free online accounting SaaS

14. SysAid.com - Free helpdesk software. ZenDesk.com is worth paying for.

15. CouchSurfing.com - Yes, I do want to let complete stranges sleep in my house for free (so I can do the same when I travel).

16. SubmitYourStartup.Com - Partly outdated list of sites that accept startup submissions.

17. Vator.Tv - Social network for startups

18. LowerMyBills.com - Loan/Insurance/Internet Provider/Phone Carries comparison service.

19. Score.Org - Free consulting from retired entrepreneurs (available in certain areas only).

20. Logaster.com - Free logos. Bad English gratis.

21. 99Designs.com - Cheaper alternative for design work. Designers hate the site, so it must be good.

22. MinuteBox.com - Hire doctor/lawyer/coffee enema expert - pay by the minute. Lots of experts, typical pay is around $2.50 a minute. Not sure, but there's probably some sort of minimum required.

23. HelpAReporter.Com - Free publicity (pitch your business directly to journos working on certain stories).

24. AVG - Free antivirus.

25. Weebly.Com - Free website creator.

26. GotFreeFax.com - Send free fax online. Limited to 3 pages, US and Canada only.

27. RememberTheMilk.com - Free To-Do list, iPhone and Android support.

28. Zamzar.com - Free online file converter. Let's pass a law that mandates that only one extension (how does .file sound) is allowed!

29. Join.Me - Free webcast/webconference SaaS.

P.S. I have not included eBay, Skype, etc. since everybody knows about those. Did I miss something? Send me a message.

The Story Of SleepTracker

Daily Advice Link - Free Logo Service

http://www.sleeptracker.com/

Late one night about 15 years ago, Lee Loree noticed his wife holding a perfectly lucid conversation in her sleep. That observation started the then-stock analyst on wondering about sleep patterns, talking to engineers, and then soliciting money from angel investors to build a device to improve how we sleep.

The result is the SleepTracker, a watch-like monitor and alarm that users wear on their wrists to record their sleep patterns and awaken them at an optimal time within the window they have chosen. The alarm goes off when the lightest sleep stage is reached during that window, reducing early morning grogginess. The monitor also records sleep stages throughout the night, converting it into data that can be analyzed over time with tracking software.

Loree, 39, has sold more than 250,000 units in 35 countries but still runs his $3 million Innovative Sleep Solutions as a one-person business from his Atlanta home. I spoke to him recently about the startup process and why he deliberately keeps his company small; edited excerpts of our conversation follow.

You were working in finance in 1998, with no background as an inventor or a sleep scientist, when you came up with SleepTracker. How did you do it?

I started checking books out at the public library. I spent 20 or 30 nights sitting in a closet, watching my wife sleep, which is pretty creepy when you think about it. I had access to a lot of smart people through my networks, so I met with them and eventually found a micro-electrical engineer and a software programmer to write the code. We built a couple generations of prototypes, which I financed by withdrawing money from my retirement accounts. When we had north of $100,000 invested, people told me I was a fool—and rightly so.

I was still working at a bank at the time, and I ran out of funds. So I wrote a business plan and did a mini-roadshow, meeting with angel investors. I went with an angel who had business experience and could help me navigate the startup. He turned into a pretty good shepherd. He’s still involved with the company; we talk quarterly.

You got the product to market in 2005. What was the reaction?

We sat and stared at our website that first day and we had 38 visitors. We didn’t have any sales. The next day, a tech blog found us and they threw up a screenshot of our website. Our business went crazy. It was like a commercial where people are watching one sale, then another, then five, then 30, and everybody starts freaking out.

I had conservative projections in my business plan, with 1,000 sales expected in the first year and 5,000 in the second year. Well, we sold 5,800 pieces in the first nine months and 12,000 the next year. We were cash-flow-positive in the first month. We scrambled to support various browsers and add an international component to our shopping cart. The product blew away all expectations that I ever had.

Your product was an early innovation but now you have competitors. Does that concern you?

I believe competition is inevitable, so you use it to your advantage. More people advertising in this space, doing interviews, doing marketing—it should grow the pie, assuming you have a product that works and is fairly priced.

A lot of our competitors have gone out and raised significant amounts of money. They have employees; they have infrastructure. Meanwhile, we have this quiet little business, we haven’t had to get additional outside investment, we have built up a significant war chest, and we don’t even carry a line of credit. We run the business debt-free and it’s clipping along.

Do you think about growing into a larger organization?

We found a sweet spot: Our business grows 10 to 20 percent annually, which is real manageable, and we are where we want to be in terms of managing cash flow. We have all the infrastructure: a call center, fulfillment center, manufacturers, warehouses—but none of them work for me. My main goal with this company was flexibility with my lifestyle. I wanted to be a dad and a husband and be there to be a part of things with my family. If I had the ambition to have a bigger company, we could scale this business up and do 500,000 pieces a year, I don’t have any doubt about that.

But using contractors, rather than employees, works for me because when we’ve fulfilled that obligation, I can turn off that expense and turn it back on when I need it. They like it also because it gives them the flexibility to pursue other contracts. And I don’t have to deal with 401(k)s, or kids being sick and people being out of the office.

How did you set up distribution?

You can get the product online at places like Amazon and Costco and in a few very specific brick-and-mortar stores. There really is not a great channel in the U.S. for these types of devices. We’ve been in specialty catalogs but we’ve not found that to be particularly productive. Some of the big box retailers that used to dedicate a lot of space to CDs and video games have gotten crushed because people are streaming that stuff now. So they’re piloting different things in that dead space, but we struggle to think that’s a good plan for us. No one is going to Best Buy to pick up a sleep monitor.

In Europe, Mexico, and Asia, we have a much bigger footprint. There are limited resources in a small business and I’ve spent much of my time trying to grow international sales.

About half of your revenues now come from sales overseas. How do you manage those markets?

We sell to 30 independent distributors, some of whom I found in our first month of operations and [who] are still with us today. We get them the product, plus camera-ready art, and I do media interviews all over the world. Of 30 distributors, 20 of them I’ve never met face-to-face. Bidding jobs to people, regardless of where they live or what they look like, has worked for me from day one in this business and I believe in it.

You are still selling the same basic product you started with in 2005. Have you got any innovations in the works?

We’re on our fourth or fifth iteration at this point, but we’re kind of a one-trick pony. I recognize that for the long term, we want to have multiple legs so we have more stability, but I’m not sure how to make it a whole lot better. It’s really hard—when you have a business that makes money—to change your focus. We are working on some innovations; by the first of the year we should have a feel for their potential and timelines. But we’ve done this before and the ideas all peter out. Sometimes we’ve spent $10,000 to $40,000 before walking away. I have a proven product, so I try not to monkey too much with it at this point.

[Via - BusinessWeek.Com]

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Love Saving? You'll Love These Seven Sites.

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Love Saving Money? You'll Love These Seven Sites

It used to be that there were just three basic needs: food, clothing and shelter. And then education became a basic right. Considering the hard times we all landed ourselves into, saving has become a basic necessity, too. To that end, here are 7 of the best websites that provide superior value for your hard-earned money:

1. PickyDomains.com

If you’re serious about making it big in business, then be serious about naming your business. If the name doesn’t seem to click, sure, you can always re-brand your business anytime in the future, but if you’re just starting up, re-branding should be the last of your concerns. Unfortunately, branding – or re-branding, for that matter – can cost serious money.

PickyDomains is a crowdsourcing pool of over 55,000 namer contributors. And to avail of the service, simply register as a client, pay the $50 deposit for a name or domain (slogans will cost you $75), specify your naming requirements, and then wait for suggestions to start pouring in. If none of the suggestions meet your desired parameters, you may ask for a refund.

2. Bitrix24.com

For a business to thrive and win in a competitive marketplace, an efficient tracking system is a must. As well, employee communication should be efficient and properly channelled. It is for these purposes that CRM and corporate intranets came to be. Problem with these tools, they can cost a lot.

Bitrix24 is a Facebook-like social media intranet that is absolutely free for businesses with just about 12 people or less in its payroll. It comes with a fully operational CRM, real-time streaming, photo sharing, e-mail, sales funnel, activity planner, calendar and a whole lot more. If your business is comprised of more than 12 people, monthly subscription is at $99.

3. JetRadar.com

Low-cost carriers and online ticketing are two of the most recent transformations in the airline industry, making air fare sometimes too cheap that some airline industries were eventually forced to shut their operations down. Unfortunately for these low-cost carriers, JetRadar is out to make cheap airfare even cheaper.

As airlines usually keep their best deals to themselves so customers would frequent their sites instead of price-comparison websites, JetRadar, a meta search engine, sifts through every travel site, ticketing agencies and all 728 individual airlines for the cheapest deals and makes the data publicly available. JetRadar aims to serve as a one-stop shopping portal for everything airfare-related.

4. RetailMeNot.com

Coupons at supermarkets, drug stores, book stores – they do wonders for the wallet. And for the avid online shopper, coupons do wonders, too. Retail Me Not is a social platform with an active community of bargain hunters who share, rate and track coupons. Users regularly update bulletin boards to let others know which deals are the best and which ones are still active. Using your Facebook, Twitter or e-mail account to log in, it won’t hurt to check out what they’ve got to say before you go on and embark on an online shopping spree.

5. SideJobTrack.com

Freelancers, especially the very busy ones, have to have an efficient tracking system to ensure all the hours they put into a job, all clients they’ve transacted with, every project they’ve completed or are in the process of completing are properly accounted for.

SideJobTrack, a free tracking and invoicing software for freelancers, fits the bill perfectly. With SideJobTrack’s easy-to-manage reporting function, with just a click of the mouse, you get a breakdown of everything job or client-related. You can even customize your reports and invoicing templates. And did I just say SideJobTrack is free?

6. AppSumo.com

They say life is a never-ending learning cycle. I couldn’t agree more. And for technology-inclined people looking for cool software or instruction guides to further their tech knowledge, AppSumo is a great niche website to spend some time navigating. There is a Free Deals section that’s relatively well-stocked. And those that are not free are usually reasonably priced.

7. FreeLogoServices.com

They say a picture paints a thousand words. In the business world, a logo represents a company, in part at least. While that may not sound like a lot, remember that every tiny branding bit is important to the overall branding health of a company. And before you go about thinking a logo professional is the only way to go to get an awesome logo, check out FreeLogoServices, a site that allows you to create your own logo design for free, whether or not you have any designing experience.

And only when you decide to commercially use the logo for your website, billboards, letterheads, business cards, etc. are you required to pay AUD $39.95.

Startups To Watch - JetRadar

Bitrix24.Com - Worlds First Social Intranet That's Free For Small Businesses.

http://jetradar.com

The world is changing. There's no denying that. In the field of air travel, probably the most notable innovation is the emergence of low-cost airlines and online ticket sales. Both have cheapened the cost of plane tickets quite dramatically, and airlines unable to keep up were forced to close up shop.

JetRadar is a startup that aspires to continue this innovation and push it even further, making cheap airfare even cheaper. By now, you may have already heard about Expedia, Orbitz, CheapFlights and other online ticket sellers that offer cheap airline tickets. But what you perhaps don't know is that individual airlines don't necessarily go about pitching their best deals to price-comparison websites and stand the chance of losing potential sales to competing carriers. Essentially, if customers want the best possible deals, they should visit their corporate websites.

This can be time-consuming and particul arly labor-intensive for the consumer. JetRadar, in an effort to provide a one-stop portal for everything cheap, cheaper and cheapest in the airfare space, sifts through exclusive deals available via 35 agencies and 728 airlines and make the data available for public consumption.

The founders of JetRadar have beta tested the idea in smaller geographies such as Russia, and in no time emerged a clear leader in the cheap airfare arena. (JetRadar operates as AviaSales.Ru in Russia.) Because of this phenomenal success, the company will be branching out in Thailand and Hong Kong this year, while at the same time launching a global portal that will be competing directly with more established cheap airfare providers.

If JetRadar proves successful, cheap airline tickets will definitely become a lot cheaper.

[Via - PickyDomains.com]

Seven Little Known Online Services That Can Help Your Business Save Money.

Everybody likes things that save them money or are, better yet, 100% free. Here is a list of seven online services that help entrepreneurs and small businesses save money that you've most likely never heard about.

1. Bitrix24.Com
Corporate intranets can set companies back tens of thousands of dollars. Fortunately, businesses consisting of less than 12 employees have the option to receive intranet from Bitrix24.com at absolutely no cost. It provides fully functional CRM, planner, project and task manager, as well as many other convenient elements at no charge. All these features are also available for lager businesses of over 12 employees at an affordable $99 per month.

2. Logaster.Com
All businesses require a logo. Sadly, a single logo put together by a professional designer can cost hundreds of dollars. Crowdsourcing will still cost a business a hundred dollars or more for a professional logo. In contrast, Logaster is a free of charge logo creator with extra features available such as business cards and fax cover sheets for a monthly subscription of only $5.

3. PickyDomains.com
Searching for fresh, new ideas for domain names but all the attractive ones are already being used? Some people choose to expend thousands of dollars to use branding agencies like cyberquarters. PickDomains.com offers risk free naming so itїs not necessary for you to dish out large sums of money anymore. Just filling out what you need (domain name, or slogan) sends your request to our more than 55,000 registered contributers who will approach you with hundreds of proposals. It is only $50 to accept one of their offers. If you decide against them there is no charge to you.

4. JetRadar.com
Most people are aware that Expidia, Orbits, and CheapFlights.com offer large savings to their customers on airfare. What most people are unaware of is that JetRadar.com offers airline tickets at even lower prices. Being a meerasearchengine, JetRadar processes your requests through every major travel agency, flight site and 728 different airlines. Airlines are known for making special deals available only through their corporate website in attempts to attract their customers away from other ticket providers. JetProvider scans for special sales by airlines and makes them accessible to anyone.

5. RetailMeNot.com
For those who enjoy shopping online and want to save on their purchases, coupons are the can help you achieve tremendous savings. As a social network specializing in coupon sharing, RetailMeNot allows its users to receive large discounts even when shopping on famous online stores. Users can also find out what current online trends are by searching for top rated coupons. In other words, for those that like keeping up to date with fashion, RetailMeNot informs you as to what trends other people interested in. The RetailMeNot newsletter also sends registered users the most recent updates on coupons.

6. SideJobTrack.com
SideJobTrack is a free invoicing tool designed for part-time contractors which is perfect for those who want to oversee several jobs at once. Particularly with online work, it can be a task to keep track of payments for a multitude of jobs. SideJobTrack makes the job simpler. As a job tracker that is web-based it has elements focused at eliminating problems with project management, invoicing, and reporting.

7. iSpionage.com
Those with online competition may ask themselves; how much money their competitors spend on Google Adwords, which keywords create the most visitors for their website or, how many people visit their website every month. iSpionage.com provides answers to all of these questions and more. iSpionage offers a free account with all services previously stated and 3 searches a day or a paid version.

Millionare Writers - Randy Cassingham

Need Perfect Software Name? Try Crowdsourcing.


http://www.thisistrue.com/

Randy Cassingham is one of the first online publishers: his This is True column went online in 1994. It's his full-time gig: over the years, it has brought him several million dollars in income, and he lives on 45 acres in western Colorado, where he looks at gorgeous snow-covered mountains from his home office.

"TRUE" (as Cassingham calls it) is biting social commentary, using weird news as its vehicle. It's funny and has a loyal following: thousands pay $24/year to get the full column by e-mail each week. Tens of thousands get a free sampler. It might be the first example of an online "fremium" business model. In the early years, he turned down two unsolicited syndication deals to bring the column to newspapers -- turning them down because he didn't want to give up control of his work, he says.

Good move: now he's compiling his archives into Kindle books, where he can get a 70% royalty on sales, rather than the 12.5% that Dutton (part of the Penguin Group) pays him when it turned another of his websites into a book.

And it's working: Cassingham told me that in the first two weeks of Kindle book sales, the five volumes he has posted so far earned more than $1,400 in royalties from Amazon. "I'm boggled," he told me by e-mail. "Imagine if I actually concentrated on this income pillar. Or had more than five books available. Or I sent one or more titles out for review somewhere, or advertised, or did ANY kind of promotion to anyone other than my existing readers!"

Imagine indeed!

Then he realized that a throw-away human interest feature he includes in This is True, the "Honorary Unsubscribe" of someone who died in the previous week, could also be good book material.

"These are the people you wish you had known," he says. "Take the inventors I've featured. Did you know the same guy invented both the computer hard drive and the video cassette? What a fascinating guy!" He has also featured the inventors of the contact lens, the hovercraft, the Hawaiian shirt, even the guy who thought of putting a peanut inside an M&M. Then, he says, getting excited as he looks through his archive, "there are the medical researchers, responsible for saving thousands, even millions of lives, spectacular entertainers that died virtually forgotten, and..." Just as he says: the kind of people you wish you had known.

That book just came out on Amazon's Kindle this week, and it's the first of several in that series. Cassingham told me that "I'm glad I have a block of 100 ISBNs" -- International Standard Book Numbers, which are used to identify books for retailers, including Amazon -- "I'm going to need them."

Cassingham used to have the material now coming out in his books available free in various web archives. He counted on Google's Adsense program to bring in ad money, but it hasn't worked as well as he had hoped, even though it's all original work. "TRUE's archive," he admitted, "which had more than five volumes of material, only brought in $559 for the entirety of 2011." Compared to more than $1400 in the first two weeks on Amazon, it's no wonder Cassingham is starting to take the archives down. If someone follows a link to an archive page that has been removed, they now see information on what book it's in -- with a link to its Amazon sales page.

Another good example of unorthodox ways of making money writing is crowdsource naming.

[Via - HuffPost.com]

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Fashion Startups - Threadflip.Com

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http://www.threadflip.com/

If you're a person who loves to shop, there's a chance you'll come across an item or two that's sitting practically new inside your closet. And if the novelty and/or thrill of the idea of owning such an item already left you, you can always put your unwanted fashion up for sale.

San Francisco startup Threadflip is out to give users a novel way of discovering, buying and selling fashion. Users of the site upload images of items - clothing, bags, shoes, jewelry - they wish to sell and set their own price tags. Photos can be imported from Instagram and Facebook.

One feature the site offers is convenient shipping. The moment your item lands itself a buyer, Threadflip sends you a prepaid box, shipping label, even wrapping material. And if you're hands are too full to allow you time to do the selling yourself, Threadflip also offers a "white glove service" where all you do is send your items t o the company, and Threadflip's stylists do the photo uploading and pricing research for you.

A 15% cut goes to Threadflip for regular sales, whereas it charges 40% of the purchase price for its white glove service.

Threadflip aims to build a tight and solid community of social shopping enthusiasts.

[Via - Unusual Business Ideas]

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