Crowdfunding E=mc 2 April 01, 2015

Outline What is Crowdfunding Types of Crowdfunding Are You Ready

Types Donation Based Product Based Equity Based Services Based

Are You Ready Its more than an Adventure; It’s a Job! Idea Shown the $$$ Will Flow-WRONG! Fees - YES Possible Penalties

Are You Ready Research is the KEY Review past CF site projects CF Website will determine Yes or No to your project

For Profit

Non-Profit

Business – – – –

Finances Taxes Person changes mind to fund – Loss Revenue (10-20%) Average = $30 Other services Do Financial Projections!

Campaign Start Mid Point End

Duration Remember – Constant Communication –Reply to –Create Blog & Update –Respond to Facebook, Twitter, etc. –Getting media coverage –Update on Rewards –Update Video –168 Hours – Global

Video Be Real Two – Five Minutes Get to Point in First 30 Seconds You or Friend Present It –Passion

Rewards Make sense & relate to project Awards at different payment tiers Value added or junk Did you figure into your costs Logistics

Patents America Invents Act Major Change - First to Invent to First to File System –Date of application versus date of invention –Provisional Patent - Good Idea

Reminder Market Research Finances THE STORY