Welcome to the Donor Doctor with your host James Newberry. On today’s show, James shares Crowdfunding Talk with Son.
Crowdfunding Sources
Kickstarter and GoFundMe are two popular crowdfunding sources that have millions of online supporters. From them, you can start your own choice of campaign in any category you want.
Kickstarter in particular has 15 campaign categories to choose from, which includes arts, crafts, and film and video. Funding usually lasts for about 30 days.
An Art of Asking
One fascinating Kickstarter campaign is that of Amanda Palmer. She sought to raise funds for a new record, art book, and tour. She is also famous for her TED talk titled “The Art of Asking.”
Amanda had difficulties getting a job after college, so she went to become a street performer. She dressed up as a bride and gave out flowers. Some people didn’t like what she was doing, and told her to get a job instead.
Kickstarter Success
In fact, Amanda is a talented musician. She even had a music label sign her. But having sold 25,000 cds only, they dropped her out.
She started a Kickstarter campaign soon after being dropped. From it, she raised an amazing $1.2million. To Amanda, raising funds is about building a community of like interests and passion.
Download and listen to Crowdfunding Talk with Son, and learn about the challenges in raising support!
If you’re short on time, here are the highlights of Crowdfunding Talk with Son:
Crowdfunding sources? (0:43)
Amanda Palmer’s Kickstarter campaign? (2:38)
Building a community? (6:24)
Earning more through technology? (8:09)
Principle of reciprocity? (10:00)
Authenticity in fundraising? (12:23)
Crowdfunding ideas for shy people? (14:00)
