Mindsumo is a platform where you’ll get paid for solving challenges. You may be wondering whether it’s legit or how it works. Here’s a Mindsumo review to find out whether it’s legit and how it works.
Nowadays, there are many money-making opportunities available. You can make extra money from the comfort of your home. All you need to have is a certain level of skills.
MindSumo is an online platform that’ll allow you to make extra money by solving challenges. MindSumo works with big brands that are looking for answers to their problems. You can solve their problems and get paid.
This review will assist you in becoming acquainted with MindSumo if you are unfamiliar with it. Here, we’ll attempt to respond to the following queries:
- What is MindSumo?
- Is MindSumo Legit?
- Who Can Join MindSumo?
- How To Sign Up For MindSumo?
- How To Work on MindSumo?
- How Do They Choose Winners?
- How Will You Get Paid?
- How Much Can You Earn on MindSumo?
So, let’s get familiar with MindSumo!
What is MindSumo?
MindSumo is an online crowdsourcing platform that’ll allow you to make extra money by solving challenges. You’ll be compensated as a problem solver for your creative ideas and issue-solving abilities for actual businesses.
Three friends came up with MindSumo because they intended to revolutionize how businesses and creative minds collaborated. Today, MindSumo has emerged as the premier platform for Gen Z and Millennial problem solvers to use their creativity and invention while working on projects for prestigious international corporations. More than 700,000 problem solvers from more than 3,000 universities and six continents are represented in the community.
Companies collaborate with problem solvers on these projects to ideate, gather insights, and drive new thinking within their organization. It allows them to keep MindSumo free for all problem solvers and reward their best users for their hard work. Their challenges range from quick and fun to highly technical. They welcome Millenials and Gen Z’ers from around the globe to join their expanding network.
MindSumo is also an excellent platform to develop professional skills like problem-solving, communication, and creative thinking. All of these skills will benefit you in your career.
Is MindSumo Legit?
Most likely, you’re thinking about whether the MindSumo is legit. The answer is YES.
MindSumo has been around since 2011. It was created out of the Stanford Student Startup Accelerator, StartX. It received funding from some of the top investors in Silicon Valley.
MindSumo has delivered innovative ideas to the world’s top brands like Yahoo!, Spotify, Amazon, Adidas, Target, Nestle, Microsoft, American Express, Avon, Coca-Cola, Sprint, Dell, IBM, Unilever, Pepsi, and Facebook.
Currently, MindSumo has a community of over 700,00 problem solvers from six continents and over 3,000 universities. MindSumo has hosted over 1,500 challenges and more than 200,000 vetted ideas. Moreover, more than a hundred Fortune 500 customers are already using MindSumo.
Therefore, we can say it’s a legit site that pays its users.
Who Can Join MindSumo?
MindSumo is open to everyone all over the world. Although most of their problem solvers are Millenials and Gen Z, MindSumo welcomes everyone wishing to solve problems and win cash prizes.
Many challenges are solely created for college students and recent graduates. Only they can participate in those challenges. Moreover, some challenges are only available to certain countries.
Here are a few basic requirements to join MindSumo:
- You must be at least 18 years old.
- You’ll need a valid email address.
- If you’re a student, you have to use your school email. It’ll help you to receive school-specific challenges.
Therefore, MindSumo is free to join and open to everyone. However, students get extra benefits on MindSumo.
How To Sign Up For MindSumo?
First of all, you have to sign up for MindSumo as a problem solver. You have to follow the below steps:
- Go to the MindSumo homepage
- On the top right corner, click the “LOGIN / SIGNUP” button
- Once the sign-in form appears, click on the “Don’t have an account yet?” link
- Fill out the Solver Registration form
You have to provide basic information like First/Last Name, Location, Email, and Password. You can also provide additional information like birthday and gender. You can also rate yourself in areas like creativity, marketing, and technical proficiency.
You have to answer a couple of questions, such as “Why are you interested in using MindSumo?” and “What types of projects are you most interested in solving?” Also, you have to provide a personal reference name and email who can verify your problem-solving capabilities.
Accept the terms and conditions and privacy statement to complete the registration procedure. Once you finish the registration procedure, you’ll be directed to your new account dashboard. You can add more information about yourself that’ll help MindSumo to deliver the right challenges that fit your skills, interest, and demography.
How To Work on MindSumo?
It’s time to work on MindSumo. The only way to make money on MindSumo is by participating in challenges.
Many companies are looking for solutions to their problems. They submit their problems as challenges. As a problem solver, you have to provide solutions to their problems. You’ll get paid for your solutions if they are accepted.
Once you register as a problem solver, you’ll be able to browse the challenges page. On the browse challenges page, you’ll see all the available challenges. You can filter challenges by skill, such as:
- Computer Science
- Math & Sciences
- Humanities & Arts
In addition to browsing the challenges page, you’ll receive challenge invitations in your inbox.
If you find a challenge that interests you, click on it. You’ll get all the details to participate in the challenge. You’ll find details like:
- Challenge description
- Eligibility criteria
- Challenge deadline
If you’re eligible and prefer to participate in the challenge, click on the “Start Drafting Your Idea” button. If you choose to complete the challenge later, click on the “Add to Dojo” button. You can consider it a bookmark button on MindSumo.
Once you join a challenge, you have to follow the guidelines of the company. Whatever the company is looking for, you have to deliver it. The solutions that have the best chance of winning are the developed ones. You must explain the solutions so the company can understand them better.
Once you finish writing your solution, click on the “Submit” button. After that, you’ll have to wait for the challenge to end. The company that posted the challenge will review all the submissions. It may take up to two weeks to announce the winners. Usually, for every challenge, there will be multiple winners.
MindSumo is for those who have creativity in them. If you don’t have that, you won’t be able to make money on MindSumo.
How Do They Choose Winners?
Whenever a company poses a challenge, it has a deadline. Within this deadline, problem solvers submit their ideas. When a challenge is completed, the hosting company will take up to two weeks to evaluate all the submissions.
After evaluating all the solutions that have been submitted, they select a designated number of winners to receive prizes based on creativity, relevance, and feasibility.
The hosting company rate each problem solver on a 1-10 point scale. The rating is influenced by the following criteria:
- Meet deliverables: For each challenge, you’ll get deliverables guidelines from the hosting company. You have to provide solutions maintaining the deliverables guidelines. For example, if the hosting company requires paragraphs, you should write real paragraphs and complete thoughts. The thoroughly developed solutions that don’t seem like they were put together in a few minutes typically have the best chances of winning.
- Clarity: Your solution will get 5 or fewer stars if it contains frequent grammatical errors or incomplete thoughts. For that reason, your solution needs to be well communicated.
- Novelty: Companies are looking for innovative ideas to solve their problems. For that reason, your solution needs to be unique.
These are some typical criteria that businesses use to evaluate problem solvers. However, the companies may add or remove criteria based on their project requirements.
How Will You Get Paid?
You’ll get a cash prize if your solution wins. MindSumo has an integrated payment system through PayPal.
Here’s how to cash out on MindSumo:
- Go to your earnings page
- Click on the “Cash Out Now” button
- You have to connect your PayPal account if you haven’t already
MindSumo will take up to 3-5 business days to approve the cash-out request. If they find the fraudulent activity or PayPal returns an error, they’ll decline the cash-out request.
How Much Can You Earn on MindSumo?
MindSumo is one of the best platforms to make extra money. You can earn hundreds of dollars by participating in challenges.
To win the prize money, your solution has to be chosen by the hosting company. As you know, there will be multiple winners for every challenge. You may win a cash prize if your solution is excellent and unique.
The competition is fierce on MindSumo. You have to compete with top-tier problem solvers. Plus, many challenges are only limited to top-tier solvers.
How do you become a top-tier problem solver? You must provide highly-rated solutions a certain number of times to become a top-tier problem solver. They’ll let you know when you reach the status, albeit it’s unknown how many times.
As a MindSUmo problem solver, you have to become a top-tier problem solver. Top-tier problem solvers get to participate in the maximum amount of challenges. The more challenges you participate in, the more chance of winning.
Q1: Can you work with other people on solutions?
Most challenges should be completed on an individual basis. If you do collaborate with another person, you have to mention that person’s name as a contributor in your submission. However, MindSumo will send rewards to one person. It’s up to you to distribute the amount fairly.
Q2: How often are new challenges are launched?
You can’t expect to get new challenges every day. MindSumo makes it clear that they launch new challenges every week.
Q3: Does MindSumo have an app?
MindSumo has an iOS app for iPhone users. Unfortunately, it has no app for Android users. However, you can access the MindSumo website through your mobile web browser. Fortunately, the MindSumo website is mobile-friendly.
MindSumo is one of the best platforms to make extra money by participating in challenges. However, you need to have creativity juice to make extra money through MindSumo.
You’ll get cash only if your solution is chosen by the hosting company. For that reason, you need to make sure that your solutions get chosen by the companies.
Moreover, you need to strive for the top-tier problem-solver status. Many challenges are only for top-tier problem solvers. You can become a top-tier problem solver by providing highly-rated solutions.
Lastly, MindSumo is not for everyone. It requires certain skills that everyone doesn’t possess. You have to be a creative thinker to succeed in MindSumo.