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Crowdfunding

by robdoby
17 replies
Have any Warriors either launched a crowdfunding project or funded one on any of the crowdfunding sites?

If you launched a project, what was your result?

If you funded a project, did it offer a funding reward and if so, did you get fulfillment in a timely fashion?
#crowd funding #crowd sourcing site #crowdfunding #crowdsourcing
  • Profile picture of the author theory expert
    Banned
    crowdfunding - WarriorForum - Internet Marketing Forums - Threads Tagged with crowdfunding

    http://www.warriorforum.com/search.p...rchid=21240411
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  • Profile picture of the author robdoby
    OK, so NO Warriors have either launched or contributed to a crowdfunding campaign, on any site? Kickstarter, Indiegogo, Rockethub?
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    Robert Dobyns
    CEO - Conzortia Business Funding, Inc.
    Conzortia.com
    Join my LinkedIn Group of 2700+ marketers
    Ask me how I started a business with $100 and built it to $1.5 million in annual sales using crowdfunding.
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  • Profile picture of the author intergen
    [DELETED]
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    • Profile picture of the author robdoby
      Good luck! Post the link here when it goes live. Would love to watch its progress!

      So have you pre-built a significant social media following to help launch your project?
      If so, what methods did you find helpful?
      Signature
      Robert Dobyns
      CEO - Conzortia Business Funding, Inc.
      Conzortia.com
      Join my LinkedIn Group of 2700+ marketers
      Ask me how I started a business with $100 and built it to $1.5 million in annual sales using crowdfunding.
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      • Profile picture of the author intergen
        Yes we have had the site and social properties up for a few years now with several thousand fans. Also, we built an email list of over 300,000 & have partners that extend the list to over 1,000,000. Our "Ask" is going to be $100k.

        Also, you were asking about social channels - I have been analyzing previous and current kickstarter campaigns and most of their click-throughs are coming from Facebook and Email lists. Anyone can check the stats on a Kickstarter campaign by getting the Bitly URL and adding a "+" to the end. You can see all of the stats. That goes for any Bitly link.

        Send me a PM so I can send you updates if you want specific data.

        Originally Posted by robdoby View Post

        Good luck! Post the link here when it goes live. Would love to watch its progress!

        So have you pre-built a significant social media following to help launch your project?
        If so, what methods did you find helpful?
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        • Profile picture of the author socialsite
          Originally Posted by intergen View Post

          Yes we have had the site and social properties up for a few years now with several thousand fans. Also, we built an email list of over 300,000 & have partners that extend the list to over 1,000,000. Our "Ask" is going to be $100k.

          Also, you were asking about social channels - I have been analyzing previous and current kickstarter campaigns and most of their click-throughs are coming from Facebook and Email lists. Anyone can check the stats on a Kickstarter campaign by getting the Bitly URL and adding a "+" to the end. You can see all of the stats. That goes for any Bitly link.

          Send me a PM so I can send you updates if you want specific data.
          If you have a list of 300,000 it seems that you could just market products to them and raise your money. If you sold just a $5 product to them that would be $1.5 million. Of course not everyone will buy but if even a quarter of those buy then you would have your money. You could let them know that your raising money for whatever reason and offer them lots of bonus items on top of the $5 product so they can't say no. Then raising the money should not be hard at all.
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      • Profile picture of the author sbucciarel
        Banned
        Originally Posted by robdoby View Post

        Good luck! Post the link here when it goes live. Would love to watch its progress!

        So have you pre-built a significant social media following to help launch your project?
        If so, what methods did you find helpful?
        Posting links to your own crowdfunding campaigns is not allowed. It is advertising and self promotional, and is deleted by mods when found or reported.

        Also, you posted this thread in what amounts to the WF Bar and it is business related, so belongs in the Main Discussion forum
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  • Profile picture of the author John J M
    I ran an Indiegogo campaign a while back for a project I was doing completely unrelated to IM (for something to help raise awareness of injustices in the world).

    I wanted to raise $2,000 and I got close. Most of the contributions were from people I knew, but some were random. The key is to at least get your circle of influence to socially share your campaign.

    A lot of it comes down to the nature of what your trying to raise money for.
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  • Profile picture of the author FitMarketer
    Some great advice here.

    I am looking for places to source investors for a few projects I plan on setting up this year.
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    • Profile picture of the author robdoby
      "True" equity crowdfunding isn't yet legal. There are a few platforms that have launched which have accredited investors that are "crowdfunding" angels. Try AngelList angel.co

      Also, check out AngelInvestorSearchEngine.com for a list of hundreds of angles & VCs.

      Originally Posted by FitMarketer View Post

      Some great advice here.

      I am looking for places to source investors for a few projects I plan on setting up this year.
      Signature
      Robert Dobyns
      CEO - Conzortia Business Funding, Inc.
      Conzortia.com
      Join my LinkedIn Group of 2700+ marketers
      Ask me how I started a business with $100 and built it to $1.5 million in annual sales using crowdfunding.
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      • Profile picture of the author FitMarketer
        Originally Posted by robdoby View Post

        "True" equity crowdfunding isn't yet legal. There are a few platforms that have launched which have accredited investors that are "crowdfunding" angels. Try AngelList angel.co

        Also, check out AngelInvestorSearchEngine.com for a list of hundreds of angles & VCs.
        Oh I didn't realize it was illegal.

        Thanks for this and the 2 sites I will check them out

        LOVE the Warrior Forum!
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        • Profile picture of the author robdoby
          Just to clarify.... Crowdfunding (via donations) is legal. (Kickstarter, Indiegogo, Rockethub)...

          You mentioned looking for investors. Acquiring investors via an open crowdfunding forum or platform will not be legal until the SEC has finished their rule-making process and then punted the ball to FINRA fore implementation. This will probably be finalized in final quarter 2013 or first quarter 2014.

          Originally Posted by FitMarketer View Post

          Oh I didn't realize it was illegal.

          Thanks for this and the 2 sites I will check them out

          LOVE the Warrior Forum!
          Signature
          Robert Dobyns
          CEO - Conzortia Business Funding, Inc.
          Conzortia.com
          Join my LinkedIn Group of 2700+ marketers
          Ask me how I started a business with $100 and built it to $1.5 million in annual sales using crowdfunding.
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  • Profile picture of the author Ephrils
    I've helped fund 2 campaigns for an independent musician named Alexz Johnson. Her first was so she could tour the US, something she could not afford to do with the money. The 2nd was her current project on PledgeMusic to fund her new album.

    The results? In Alexz Johnson's Kickstarter project in 2012 she hit her goal in less than 24 hours of $30,000 and got ~$67,000 overall. Her current project is 111% funded. I'm a fan of her and have met her numerous times. Her fans are passionate and willing to help her out.

    I've got the Rewards I've Pledged for every time, but in this case it isn't about the Rewards for me. I funded these projects because I believe in her. I believe people support you first and the rewards are a nice incentive to donate some money.
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    Two Signature lines for rent.

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  • Profile picture of the author BetterNow
    I have not self created any fundraising event but definitely participated in various fundraising events. They are meant for bagging great experiences and huge collections. Poeple are always ready to serve for a good cause and we have always collected some good amounts through Marathon and other fundrasing activities for UNICEF, RED BARNET etc. so basically we have done crowdfunding for charity
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    Fundraising
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  • Profile picture of the author Skywriter
    As a matter of interest, crowdfunding for investors IS legal already in the UK and there are various websites where it goes on - Seedrs | Invest In Startups Online for example.

    Where the UK leads, the US follows ;-)
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  • Profile picture of the author DoubleOhDave
    This is a great thread - I think anyone who tries out crowdfunding should keep bumping this thread by posting their campaigns and results. What do you guys think? I have been considering this for a while - tried it twice and failed. But if I could learn how to be successful at it I would be very happy and I think finding out what works from other people would make this a valuable asset to everybody.


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  • Profile picture of the author alicesmith009
    Banned
    [DELETED]
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  • Profile picture of the author rritz
    I've funded quite a few crowdfunding campaigns but these were all for musicians. I always got nice rewards like CDs and Swag.

    In Austria and Germany crowdfunding is also legal for start ups and there's a lot of that going on. platform is called startnext
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  • Profile picture of the author Dan Riffle
    I'm sure the OP has figured out his crowd funding issues considering this thread is from three years ago.
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    If you want me to go on arguing, you'll have to pay for another five minutes.

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