Innovation Mastermind

Crowd sourcing, crowd funding and the like are part of today’s business game. But what if you had an innovation platform that allowed you to pose a problem or challenge to the market and connect with those who might have a solution for you? Sometimes the answer for digital nomads, entrepreneurs or sole operators won’t come to hand or isn’t readily available through your network. Sometimes even big business can’t find the answer to a problem within its ranks. Solverboardis a platform that allows you to load up your problem or challenge and send it out on the interwebs to those who may be able to help you solve it. Here’s how it works. 

In short, Challengers set challenges and Solvers solve them, in exchange for payment. If you have a challenge you load it up onto the Solverboard website and create your own page. Everything about the challenge, from the level of detail to the value of the reward, is set by the Challenger, and Solvers offer up a solution. The Challenger then goes through and scores each idea based on chosen criteria, before deciding on a winner and then paying for the intellectual property rights for that solution. 
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This brings its own set of challenges, the biggest being that the Challenger has to be honest enough to not just read a solution, take it away and use it without paying. Although there’s merit in the concept, we see the advantages are greater for the Challenger than for the Solvers. Until we begin to truly see the value in someones creative ideas, there’ll always be a flaw in these products.