Startup of the Week - Promise or Pay
by Startacus Admin
Now that 2014 is well and truly underway, New Year and all those resolutions we made may seem a very long time ago. How many of us start the year with the best intentions and then gradually other things get in the way and it becomes harder and harder to stay disciplined and keep up the momentum.
Well...that need no longer be the case, thanks to our latest Startup of the Week.
Promise or Pay is an innovative new platform which aims to help motivate people to do those things that they most want to do with their lives whilst at the same time it helps create a new method for donating to charities.
The premise is quite simple.
You simply use the platform to make a promise of something that you are going to do - whether it’s get a new job or go on a mountain trek. In essence then you publicly pledge what you’re aiming to do.
Where it gets interesting is that what you next do is select one of Promise or Pay’s partner charities and you stipulate what you will pledge to them if you don’t keep to your original promise or pledge.
By declaring your intentions in such a public way, you are in a sense increasing your chances of remaining committed to them and thereby succeeding in your personal goals. The good thing though is that even if you don’t remain committed to those goals, you won’t actually have failed. You may not have achieved your initial objectives, but your charity pledge will ensure that you’ll have still helped deliver some social good. It’s a proper win-win situation.
Admittedly, there are lots of innovative platforms out there at the moment all aiming to help address social problems and have a real positive social impact. We reckon that where Promise or Pay succeeds, is in the fact that it is such a simple idea. One of those “Why didn’t I think of that?” ones…
Go check Promise or Pay out for yourself and remember - those pledges and promises can be made at any time - they’re not just meant for January 1st!
Like finding out about innovative startups? Why not check out our previous Startup of the Week.
The Startacus Startup of the Week is supported by Rackspace, the global leader in cloud hosting. Rackspace are committed to helping startups and through the Rackspace Startup Program they offer selected tech startups a whole host of benefits including 12 months free Rackspace Cloud Hosting and Services. Further details on the Rackspace Startup Program can be found here.
If you like what you see here on Startacus, why not become a member of our growing community? It's free! And you'll get all this - exclusive access to our Business Toolkit, discounts and offers galore for your business via our member only business deals, the chance to network and connect with loads of fellow self-starters, and maybe even become our celebrated 'Self-Starter of the Week' and tell the world your startup tale! Join right here for free
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
 - In cradle 2.3.png)
Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
The lowdown on Kanda, the fintech startup that's on a mission to help tradespeople build their businesses and win better work.
Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
It may still be a pretty challenging and stressful time for businesses. However, here are a few basic tips that should help...
10 innovative startups on a mission to solve some of the aerospace industry's key challenges are announced as participants in the next Aerospace Xelerated programme.
Creating an alcoholic drink startup? Richard Horwell from Brand Relations shares advice on how to overcome some of the key challenges when doing just that.
JustCarbon on mission to bring cryptocurrency benefits to nature-based solutions, driving increased investment and supporting global carbon market growth.
Chantelle Arneaud from Envestors shares insights on how the startup/scaleup investment sector has fared over the last year and advice on raising money for your business in 2022.
Chasing up money your business is owed? Amanda Hamilton, Chief Executive of the National Association of Licensed Paralegals shares her insights on how to do just that.
Published on: 23rd April 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Imaging experts epipole secure investment to support US growth 20th Jan 2022 Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
- Early stage tech startups sought for Raise Spring Accelerator programme 18th Jan 2022 Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
- Planet First Partners backs cooling tank technology that reduces data centre climate impact 18th Jan 2022 Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
- Aerospace Xelerated announces the AI and Autonomy startups in its 3rd cohort 14th Jan 2022 10 innovative startups on a mission to solve some of the aerospace industry's key challenges are announced as participants in the next Aerospace Xelerated programme.
