Research shows 1 in 3 Travel Entrepreneurs Receive Offers to Collaborate via TheSigmundProject.org

After receiving more than 200 idea submissions from over 50 countries, the team at The Sigmund Project conducted an in-depth review to see what trends were starting to emerge and what insights could be gleaned. 

Here’s what was found:

• TheSigmundProject.org has received 223 idea submissions to transform tourism since its launch in June 2021

• 1 in 3 creators received offers of support in various forms ranging from mentorship to investment (often from another SigmundVerse member)

• Entrepreneurs from over 50 countries have submitted their idea

• Over half contributors submitted their idea as a team

• 36% of ideas have already launched, while 26% planning to launch within the next 12 months

• 53% have already built a website for their idea 

• 36% have a video

• 80% of entrepreneurs requested a free 14-minute mentor call with the Sigmund Team

• The top three categories for idea submissions were Tech, Sustainability, and Niche Tours

• Entrepreneurs reported their top UN Sustainable Development Goal was Decent Work and Economic Growth

What’s your BIG (or small) idea to transform travel and tourism?

Do you know someone who could benefit from Sigmund?

Research shows 1 in 3 Travel Entrepreneurs Receive Offers to Collaborate via TheSigmundProject.org

TheSigmundProject.org connects entrepreneurs in travel with collaborators from around the world who can help them take their ideas to the next level (ie. scale, pivot, attract new users, build tech, hire, and more.) 

After receiving more than 200 idea submissions from over 50 countries, the team at The Sigmund Project conducted an in-depth review to see what trends were starting to emerge and what insights could be gleaned. 

Here’s what was found:

• TheSigmundProject.org has received 223 idea submissions to transform tourism since its launch in June 2021

• 1 in 3 creators received offers of support in various forms ranging from mentorship to investment (often from another SigmundVerse member)

• Entrepreneurs from over 50 countries have submitted their idea

• Over half contributors submitted their idea as a team

• 36% of ideas have already launched, while 26% planning to launch within the next 12 months

• 53% have already built a website for their idea 

• 36% have a video

• 80% of entrepreneurs requested a free 14-minute mentor call with the Sigmund Team

• The top three categories for idea submissions were Tech, Sustainability, and Niche Tours

• Entrepreneurs reported their top UN Sustainable Development Goal was Decent Work and Economic Growth

Founder of The Sigmund Project, Alan Elliott Merschen said, “We are encouraged by what this preliminary study has revealed. Entrepreneurs are primarily working in teams which we know leads to better results than going it alone. The submissions from over 50 countries are in line with Sigmund’s global mandate. We are extremely pleased to see the ability and desire to collaborate with other members of the SigmundVerse. None of this could be achieved without the 8,500+ tourism professionals who have joined our collective. We are thankful for their openness to collaborate for a better tomorrow. For anyone interested in helping entrepreneurs in travel take their ideas to the next level, we invite you to browse the OPEN · SOURCE platform and see how you can lend your expertise. Let’s see what’s possible.”

Prioritizing business ideas that have a triple bottom line,  Sigmund is also guided by the United Nations 17 Sustainable Development Goals and encourages its entrepreneurs to align their business with these important indicators. It's always in search of the next socially minded, environmentally conscious, and fiscally sound idea to transform tourism. Sigmund believes entrepreneurs like these are the future of travel and tourism. By offering a helping hand, they are unlocking the potential of the global tourism industry in their own (albeit small) yet mighty way. 
More at  https://thesigmundproject.org

Latest ideas submitted on Sigmund’s OPEN SOURCE