Crowdfunding: Kickstarter, Indiegogo, and Ecommerce with CrowdCrux | Crowdfunding Demystified

In this episode of the podcast, I talked about about crowdfunding for personal causes with Sarah Margulis, the cofounder and CEO of Plumfund, a newer crowdfunding site. She also runs HoneyFund, a honeymoon registry website.

We discuss some of the strategies that you can use to raise money for personal causes. She also shares a great way to launch a personal crowdfunding campaign that I hadn't considered beforehand.

If you don't know where to begin, this is the episode for you.

You'll also hear about Sarah's Shark Tank story and how she got an investment from Kevin O'Leary!

In this episode of the podcast, Franz Widmaier submitted a question for his upcoming Kickstarter campaign for Battle Kids, armor and weapons that keep kids safer while they play!

He asked, “Should I run a Kickstarter campaign to raise money for armor of different sizes or should I focus on one size?”

Having hit his goal in the first three days, Ollie Aplin has had a wild ride on Kickstarter.

The launch of his new journal for men, Mind Journal, tested his abilities as a designer and serial entrepreneur. But, he prevailed!

In this interview, I got him to share a lot of behind the scenes material, including, how he was able to raise $10,000 on the first day of his campaign launch.

Sharon, with MyCanPlan.com, submitted a question on Ask Sal that I decided to address today. She asked:

“How should you promote your crowdfunding campaign when you have a small budget?”

Her product is a planner made to help cancer patients and caregivers with the daily battles of the horrible disease.

I’m about to share my advice for marketing your campaign and getting attention when you have limited resources.

Keep in mind that money is just a TOOL that you can use to purchase attention or labor. Yes, you can buy attention with ads, but YOU have to convert that attention into action.

Yes, you can hire employees or a marketing company to get the word out about your campaign, but you can also do it yourself. You just have to be willing to work.

I hope this answer helps others out there with the same question!

I'm speaking directly to YOU in this podcast episode. Think of this as a one on one consulting session, except it's free!

Believe it or not, I'm about to reveal my methods for generating product ideas and competing with established industry leaders.

I'll even go into why the majority of creators fail, even though they might mean well and be smart people.

This is a must-listen to episode if you're wondering how to go about crafting compelling copywriting for your product and get your backers, customers, and website visitors excited about your product.

Enjoy!

Bill from PetLiquids.com is preparing for an upcoming Kickstarter campaign and he's working on fine tuning his Facebook video ads. He submitted a question on how to get better results from his advertising efforts.

I broke down a few elements of a successful advertisement, along with where your advertisement might fail.

You're about to learn how to improve your conversions rate, click through percentage, and the number of visitors that buy your product or pledge to your crowdfunding campaign. Hope it helps!

This is THE episode to listen to if you want to learn how to create your first prototype, find a manufacturer, and scale the business with crowdfunding.

Josh Lifton, the Founder and CEO of Crowd Supply, shared the step-by-step process for taking your first product from the idea phase to the initial prototype, and finally, how you mass produce the product.

You don't need to be an engineer to make a new product from scratch, but you do need to take several crucial steps if if you want to successfully crowdfund your business.

This episode demystifies the product development process and after listening, you'll see how to actually raise money from the crowd!

Download the show notes: http://wp.me/p2TAu9-2CR 

I personally have been surprised at the enormous growth of the real estate crowdfunding industry.

I think that there’s a lot of opportunity to get in on the ground floor of this exploding new sector and really re-define what’s now considered to be an ancient way of doing business.

But, I don’t have all the answers. That’s why I brought Jason Fritton on the podcast to demystify the real estate crowdfunding industry. As the cofounder and CEO of Patch of Land, he has a unique view on this growing marketplace.

Not only will you learn how Patch of Land works and how you can use it finance properties, but you’ll also get an idea of just where this industry is heading.

I hope you get a lot out of this interview!

Get the show notes here: http://wp.me/p2TAu9-2Cf

After launching two successful crowdfunding campaigns, Hendra from the mod-3 team came on to share his secrets for manufacturing a product, getting backers, and building a successful online store.

Believe it or not, we also talk about a challenge that Hendra faced with regards to rewards fulfillment and how he overcame the problem(one that you might face too). No one said Kickstarter was easy!

Although this is one of my longer episodes, it’s definitely worth sticking around until the end. There’s lots of great insights and tips as we explore Hendra’s entrepreneurial journey in-depth.

Get the show notes on CrowdCrux.com

After launching two successful crowdfunding campaigns, Hendra from the mod-3 team came on to share his secrets for manufacturing a product, getting backers, and building a successful online store.

Believe it or not, we also talk about a challenge that Hendra faced with regards to rewards fulfillment and how he overcame the problem(one that you might face too). No one said Kickstarter was easy!

Although this is one of my longer episodes, it's definitely worth sticking around until the end. There's lots of great insights and tips as we explore Hendra's entrepreneurial journey in-depth.

The show notes: http://wp.me/p2TAu9-2AY