Need Funding For a Project? Try Kickstarter…

August 13, 2011 by Chuck | 1 Comment

I ran across a very interesting social media site today… unlike ANY I’d ever seen before.

It allows entrepreneurs, artists, etc., to tell the world their plans and secure pledges for funding.

Here’s one project – a pen – that wanted to raise $2,500 but has pledges for over $250,000 already.

If you’re trying to raise capital for your product or idea, it’s possible that this could be a place for you to start.

My only caveat?

Will you be giving big money outfits their next idea?

It really doesn’t matter if you’ve protected your intellectual property… it might be the way for you to get your business going and then not only find the initial buyers but prove there’s a MARKET for your ideas.

One great project could link you with well healed companies ready to “buy you out” at a healthy price or give you lifetime royalties or hire you as a “consultant” (or all the above).

Check it out…

It’s Kickstarter

Here’s what they have to say about themselves…

Kickstarter is the largest funding platform for creative projects in the world. Every week, tens of thousands of amazing people pledge millions of dollars to projects from the worlds of music, film, art, technology, design, food, publishing and other creative fields.

A new form of commerce and patronage. This is not about investment or lending. Project creators keep 100% ownership and control over their work. Instead, they offer products and experiences that are unique to each project.

All or nothing funding. On Kickstarter, a project must reach its funding goal before time runs out or no money changes hands. Why? It protects everyone involved. Creators aren’t expected to develop their project without necessary funds, and it allows anyone to test concepts without risk.

Each and every project is the independent creation of someone like you. Projects are big and small, serious and whimsical, traditional and experimental. They’re inspiring, entertaining and unbelievably diverse. We hope you agree… Welcome to Kickstarter!

 

In Business Start Up

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