How Partnering With A Nonprofit Can Boost Your Crowdfunding Success
John Lee Dumas is one of the most successful podcasters on iTunes. Last year, when he decided to launch a crowdfunding campaign for his “Freedom Journal,” he partnered with Pencils of Promise. He raised $453,000 on Kickstarter and donated $75,000 to the nonprofit. Now he’s at it again. Dumas boasts over 1 million listens to his “Entrepreneur on Fire” podcast every month. You wouldn’t think he “needs” to partner with Pencils of Promise in order to be successful with his campaign. Dumas is a savvy entrepreneur. He’s clearly figured that this is an important part of the strategy.
Explaining the GOGO Factor
How to make your fortune through crowdfunding:
The advent of crowdfunding has given entrepreneurs who have an idea the opportunity to raise capital from strangers who share their passion.
In 2015, Indiegogo visitors raised $800 million for projects including hardware, technology, media and social impact. Co-founder Danae Ringelmann, 38, says this is where the “Gogofactor” comes in – an algorithm that helps to promote causes that are proving popular and direct them to those who are most likely to be interested.
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Singaporean strangers save Pakistani boy’s life via crowdfunding
A group of strangers pooled together the funding required for a 10-year-old Pakistani boy’s treatment, who has registered a strong recovery after almost succumbing to his condition.
Need some help with YOUR Crowdfunding project? Start here! Download at No Cost!
Saturday was GREAT!
I spoke at BOSS BRUNCH in Washington, D.C. and was on stage with Shawn Thomas- Ask a Millionaire! He dropped some major knowledge on everyone and it was wonderful. The entire speaking line up was excellent. And I will be collaborating with some of the people there. It was a great first talk for the year. I met so many cool people. I am considering being on the line up for Florida in April. I am thankful to Tarra Jackson for putting this together. She is busy and could have easily decided to spend her time elsewhere.
If you were there, please post a comment about the event!
Local businesses turn to #crowdfunding for support
If you are unfamiliar with how crowdfunding can work for your business, this article gives some great examples
BBC News Reports That Funerals paid for by crowdfunding are on the rise
This is a problem that could be solved by having insurance.
Need more crowdfunding information? Get the New Book Crowdfunding Made Simple (click the book)