GoDaddy Inc. (NYSE: GDDY) has launched Flare, a community-based app that helps bring business ideas to life, the company said.
Flare empowers people to share ideas and get guidance from friends, fellow entrepreneurs, and experts in a fun and collaborative way, providing an immediate resource to receive feedback and drive new concepts or ideas forward.
New business ideas come from everywhere and everyone, but only a fraction of them go beyond the initial stage to become something bigger. In a recent survey conducted by GoDaddy, 67 percent of respondents reported having come up with a concept for a business, product or service, but only 15 percent actually pursued it.
The biggest barriers for not taking action: people didn´t know what to do next (30 percent) and fear/self-doubt (15 percent). Nearly 55 percent said they regret not taking the next step with an idea.
Flare is available immediately in the Apple App Store. It will launch in June on Google Play for Android devices.
GoDaddy gives small business owners the tools to name their idea, build an online presence, attract customers and manage their business.