Jamie Jensen interviews the host on crowdfunding for creatives, discussing the impact of businesses, validating ideas, and common crowdfunding mistakes. They debunk misconceptions, emphasize pricing strategy, and explore using scheduling plugins for creatives. The episode dives into optimizing crowdfunding strategies, funding models for creatives, and the importance of community engagement in various creative industries.
Exploring effective crowdfunding strategies like varied reward tiers and personalized engagement.
Selecting the right platform for crowdfunding based on backer engagement and specific strategies.
Utilizing inventive reward concepts like featuring backers within projects for campaign success.
Understanding crowdfunding limitations and feasibility for service-based businesses and large-scale ventures.
Deep dives
Approaching the Pause
The host acknowledges an upcoming indefinite pause in new episodes for the Creative Funding Show, while still promising more content in the future. Recommendations for other podcasts are made to keep listeners engaged during the pause.
Introduction to the Creatives Making Money Podcast
An episode from the Creatives Making Money Podcast is featured where the host is interviewed by Jamie Jensen. This introduction aims to encourage listeners to explore a similar podcast for valuable content.
Discussion on Utilizing a $5 Million Gift
The host and guest engage in a conversation about utilizing a hypothetical $5 million windfall. The discussion focuses on allocating portions to charity, starting a business, and the importance of sustainable financial ventures.
Lessons from a College Business Venture
A personal story is shared about a failed college business venture in audiobook publishing, emphasizing the pitfalls of incorrect assumptions and the importance of testing business ideas. The discussion highlights the benefits of crowdfunding in minimizing costs and assessing market demand without heavy investments.
Engaging Crowdfunding Strategies
Effective crowdfunding strategies are explored, including pricing products appropriately, offering varied reward tiers to backers, and personalizing engagement with them. Examples of Kickstarter campaigns and the power of listener engagement are emphasized.
Platform Selection for Crowdfunding
Insights are shared on choosing the right platform for crowdfunding projects, with a focus on Kickstarter and Indiegogo. The importance of backer engagement and platform-specific strategies are discussed to maximize campaign success.
Innovative Reward Ideas for Crowdfunding
The episode delves into inventive reward concepts for crowdfunding campaigns, such as allowing backers to be featured within a project or product. The significance of personalization and offering unique incentives to potential backers is highlighted.
Niche-Based Crowdfunding Challenges
Different types of projects that may not align well with crowdfunding, particularly service-based businesses and large-scale ventures, are examined. The importance of understanding crowdfunding limitations and feasibility for various project types is emphasized.
Announcement: The Creative Funding Show will be going on indefinite hiatus soon. If you have a question you want me to address in a wrap up Q&A episode feel free to leave it as a comment below.