60-second start-up: pownum

 

0-5 seconds: Sum your business up in a sentence
pownum lets people rate organisations of all kinds at pownum.com, and using the pownum iPhone app - this will help others make more informed brand choices.
5-10 seconds: What's the business model?
The organisations pay (a very modest) annual subscription to respond to the sentiment being expressed on pownum.
10-15 seconds: Who are your competitors?
Twitter and Facebook are competition of sorts but importantly we quantify opinion and provide an independent platform as a home for these opinions.
15-20 seconds: What's your USP?
pownum makes it possible for organisations to engage in an open dialogue with the public in an unprecedented way. pownum is short for 'power in numbers'.
20-25 seconds: How have you funded it so far?
We have funded the development ourselves completely.
25-30 seconds: What were you doing before?
Working in consulting roles that gave us valuable experience to put to work in creating pownum.
30-35 seconds: Where did the idea come from?
Listening to people tell us that they lack a way to make their feelings - both good and bad - known about organisations.
35-40 seconds: What's the smartest thing you've done so far?
Getting sound legal advice before turning the idea into a reality. This helped us avoid what would have become serious problems.
40-45 seconds: What's the stupidest?
Not starting pownum sooner.
45-50 seconds: If your business was a biscuit, what would it be?
Custard cream. The two biscuits either end represent the organisations and the people while the good stuff happens in between!
50-55 seconds: Which idea are you a bit jealous of?
The Pinky Ponk from In The Night Garden. If you don't have kids you won't know what it is so here it is: http://www.inthenightgarden.co.uk/en/visit-pinkyponk.asp
55-60 seconds: Where are you going to be in 12 months' time?
We're going to have fundamentally changed the way organisations relate to consumers, making  true transparency a reality.

5-10 seconds: What's the business model?

The organisations pay (a very modest) annual subscription to respond to the sentiment being expressed on pownum.

10-15 seconds: Who are your competitors?

Twitter and Facebook are competition of sorts but importantly we quantify opinion and provide an independent platform as a home for these opinions.

15-20 seconds: What's your USP?

pownum makes it possible for organisations to engage in an open dialogue with the public in an unprecedented way. pownum is short for 'power in numbers'.

20-25 seconds: How have you funded it so far?

We have funded the development ourselves completely.

25-30 seconds: What were you doing before?

Working in consulting roles that gave us valuable experience to put to work in creating pownum.

30-35 seconds: Where did the idea come from?

Listening to people tell us that they lack a way to make their feelings - both good and bad - known about organisations.

35-40 seconds: What's the smartest thing you've done so far?

Getting sound legal advice before turning the idea into a reality. This helped us avoid what would have become serious problems.

40-45 seconds: What's the stupidest?

Not starting pownum sooner.

45-50 seconds: If your business was a biscuit, what would it be?

Custard cream. The two biscuits either end represent the organisations and the people while the good stuff happens in between!

50-55 seconds: Which idea are you a bit jealous of?

The Pinky Ponk from In The Night Garden. If you don't have kids you won't know what it is so here it is.

55-60 seconds: Where are you going to be in 12 months' time?

We're going to have fundamentally changed the way organisations relate to consumers, making  true transparency a reality.

In association with

NatwestclearActual
If you're interested in a start-up business bank account, contact NatWest to realise your ambitions.

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