Three Reasons to Consider Crowdfunding

kickstarter crowdfunding

If you’re ever looking for money for a project you’re passionate about or something else you need some serious funding for, crowdfunding via social media is typically a great way to go. With sites like Kickstarter, Patreon and GoFundMe, people can pitch their ideas and find like-minded people who will financially support the project. Here are three reasons to consider crowdfunding.

1: You’re pitching to your peers and not necessarily to a group of investors. While you can add incentives to entice people to donate, you don’t need to promise them a return on the money. These are regular people just like you.

2: It’s easy to reach goals if your project goes viral on social media. If it takes off on platforms like Facebook and YouTube, you’ll not only meet your goals but also exceed them. Anita Sarkeesian was looking for a few thousand dollars to start her FeministFrequency video series and got almost 200k!

3: You’ll pick up fans along the way. You’ll find people who like your project and want to be a part of it, so not only are you gathering initial funding, you’re also building your brand.

These are just three of the many reason to consider crowdfunding.

 

Kickstarter it will Be!

Well, according to an article I found in New Zealand alone there are thirty-three Kickstarter projects going on right now! This is exciting news for me!

Since I had this dream since I was a young boy, there are loads of my family and mates that would help share the crowdfunding campaign.

But I need to really find out how much money it will require of me to get to New York City and add that to the costs of the air travel, the food, basic other supplies to help me survive the first month before I can for sure find a part-time job!

Oh my goodness, I’m excited just typing this out!

The Kickstarter Economy is a phrase that has been coined by many, and based on how many startups are bypassing venture capital and getting people, REAL PEOPLE, to help buy into and support their dream or vision is amazing!

So with this economic slowdown and banks becoming very leery of lending to anyone, much less a chap like me, technology is allowing anyone in the world with a clear idea of what they want, to RAISE FUNDS!

Next I’ll be working on my budget and let you know if I’ve been accepted, and began the process of seeing how this new economic boon that is “crowdfunding” can help me achieve my dream of being a filmmaker.

Kickstarter New Zealand Film Project

Crowd Funding Newbie!

Hey, if you are like me, you and all your mates are on the cusp of, well, everything. But I’ve never spearheaded any sort of crowd funding campaign, although they are EVERYWHERE!

A man in prison  was convicted unjustly had his bail posted, a child needing surgery whose parents could not afford it used crowd funding, animal rescue groups and ALL THE TOUCHING stories we hear.  But what about me?

I just don’t have the money to get to film school and pursue a dream.

So there are several great crowdfunding sites out there, and also great information on how to be cautious in terms of what site you use, how to go about it, and make sure your efforts to raise funds are genuine.  According to an article recently, there was a huge crowd funding drive that raised tons of money, but it turns out they could not find the real people behind these products and when questions emerged, there were problems getting money back to early investors in this idea.

My cousin who lives in the US, used a Kickstarter campaign to raise $30,000 in one month to expand his natural juice company and great brand into a full retail store in a very high traffic-good market just 30 miles north.

crowd funding ideas

Kickstarter is amazing, because your “investors” typically get something back, depending on how much they pledge. Also, if the goal is not reached, nobody is out any money. This prevents the fear that someone might be close, but not enough for me to go to NY Film School for example, but use the money any way I see fit.  A great story in Australia came  out that you can read about here.  

This sort of validates the crowdfunding idea and it’s venture capitalist meets social media generation way of raising funds for dreamers, just like me.