Q & A: How Some Entrepreneurs Can Avoid Crowdfunding Pitfalls

Q & A: crowdfunding success tips for beginners

Q:  Whether Kickstarter or a  competing platform,
any advice for someone thinking about
crowdfunding a business project?

A:  Look beyond the hype.  Investigate the skills
and commitment required to succeed in a crowdfunding project.
It’s far more involved than you may realize.

Check out the blog of Business Librarian, Roger Green, New York SBDC,
and two episodes from the PBS show Start Up for more details.

Sources
Ramblin with Roger.com
Kapsul-Kickstarter Campaign, June 6, 2018

Kapsul Kickstarter catastrophe: owning mistakes

Start Up: Season 5
http://startup-usa.com/
Knockie
Virtual Toys

Dee Adams is the author of
Finding Your Niche: Discover…




Funny Moneywise Lesson from Actor Jamie Foxx

When actor Jamie Foxx appeared ss a guest coach
on the original American Idol, he showed he had the skills
of a gifted teacher.
Recently, he appeared on Late Night with Stephen Colbert
and told a funny story that could be used as a
teaching tool for aspiring entrepreneurs…among others.

Earlier in his career, Foxx had met Sean Combs at a party thrown by the recording star and was stunned when Coombs revealed the cost of the party – $1.5 million. So Foxx offered to throw a West Coast party that would rival  Combs’ bash and for less cost.

And Foxx later staged a house party for Combs.

Laughter filled the audience as Foxx recalled his
budget party menu. Yet he achieved the goal and impressed
Combs.

Cost?  Foxx spent $208.00

A humorous story with a serious takeaway
Many would-be entrepreneurs never move forward
because of the money, they believe they need.
Unfortunately, for some, not even having large amounts of money solve the problem.

Some would-be entrepreneurs may be inspired by Foxx’s story
to rethink their habits and attitudes about money.

Dee Adams is the author of
Finding Your Niche: Discover…