Examples of success stories on Kickstarter: Coolest Cooler, Pebble, Ouya
Posted: Thu Jan 02, 2025 10:11 am
Here's an infographic from Fundable that shows data from successful crowdfunded projects:
#9 Ask for local help
Check with your state, county, and local economic development offices for startup funding. BPI , Frenchtech offers small business development centers located across the country that can help connect entrepreneurs with investors. These institutions have a vested interest in helping businesses succeed to boost local and regional economies . Depending on your location and the type of business you’re starting, these organizations may be able to offer financial resources, including loans and grants. Check out the best tips for pitching successfully.
#10 Peer-to-peer loan
This is a process where a group of people come together to lend each other money. It has been around for many years, for example in small business groups or ethnic groups that support similar efforts. In a startup context, look for a successful peer entrepreneur who is willing to fund similar new ideas.
#11 Test your business idea on social media
Bill Gandy shared historic photos of Allegheny City, a community north of Pittsburgh, on his Facebook page. After receiving feedback from his Facebook group, he thought of opening a gallery to showcase the photos. So he launched the nonprofit Allegheny City Historic Gallery. In less than a month, Bill raised over $12,000 in funds for the gallery . Strategic roadmapping is also a great way to test your business idea.
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#12 Create interesting content
This story was reported in Reason Digital . During the summer, a young 9-year-old Caine algeria whatsapp data sets up his arcade store with some cardboard boxes that he prepares to build in his father's auto repair shop.
Unfortunately, the store didn't have many customers, until a customer named Nirvan Mullick, stopped by and loved Caine's arcade. He decided to make a movie about it and the movie became a hit on social media. After that, people from all over the world visited Caine's arcade and a fund was created to help him go to college. The fund quickly reached its goal of $25,000 and raised over $200,000 .
Another example is Priska Diaz, who wanted to fund her invention, a baby bottle called Bare that delivers milk without air, so she created a website showcasing the concept with photos of prototype bottles. The concept gained her a lot of traction on social media as potential customers waited for the product to be developed.
She set up a pre-order system and held a pre-sale directly from a website, which raised over $50,000 for her company Bittylab.
#13 Start a side project
Entrepreneur Alex Genadinik used the revenue from the tours he organized on ComeHike to launch Problemio, which creates mobile apps for business planning and creation.
Our co-founder Rahul Varshneya wrote an article on “How Side Hustles Can Be Your Path to Entrepreneurship.” In his article, Rahul mentions, “Side hustles are extremely easy to start because you don’t have to depend on them for your livelihood. You’re probably already earning a salary from your day job, so you don’t have to worry about a source of income even if you were to fail.” A great way to create a side income is by creating content through a blog. Learn how to monetize a blog without spending too much time on it.
#14 Get funding as a birthday present, literally
In 2008, when Cynthia Kersey, divorced and in her late 50s, wanted to pursue her dream idea of ensuring a child’s right to an education, she threw a 50th birthday party and invited everyone she knew. She asked each guest to bring $100 in lieu of gifts and announced that she would use the gifts as seed money to open her Los Angeles nonprofit, The Unstoppable Foundation.
#15 Cut down on luxury
Over 90% of startups are self-funded (also known as bootstrapping). Sometimes it takes a little longer to save up some money before you start and grow organically. There is no better way to say it: “Cut your luxuries short.” Most business owners who start their business, cut their expenses to save and invest that amount into the business.
#16 Sell the complementary material
Most people have unused things lying around the house. This can be a good way to start your seed fund. By listing unused items on LeBonCoin or organizing a garage sale, you can raise the funds needed to start your start up.
Brandi Hamrick of You Grow, Girl says, “When I first started my business and needed money, I sold stuff on Ebay. My closet was clean and I had more money to invest in my business. Sell last year’s handbags and clothes on Ebay, and use LeBonCoin for bulky items like furniture and appliances. You can even have a neighborhood yard sale.”
#17 You have a big house? Let yourself go!
Fay Johnson, founder and editor-in-chief of LIFE magazine, rented out her apartment to start her seed funding. Fay listed her San Francisco apartment on Airbnb and began renting it out for anywhere from five nights to a month. She used the money she raised to cover the costs of the first few issues of her magazine. No fundraising required!
#9 Ask for local help
Check with your state, county, and local economic development offices for startup funding. BPI , Frenchtech offers small business development centers located across the country that can help connect entrepreneurs with investors. These institutions have a vested interest in helping businesses succeed to boost local and regional economies . Depending on your location and the type of business you’re starting, these organizations may be able to offer financial resources, including loans and grants. Check out the best tips for pitching successfully.
#10 Peer-to-peer loan
This is a process where a group of people come together to lend each other money. It has been around for many years, for example in small business groups or ethnic groups that support similar efforts. In a startup context, look for a successful peer entrepreneur who is willing to fund similar new ideas.
#11 Test your business idea on social media
Bill Gandy shared historic photos of Allegheny City, a community north of Pittsburgh, on his Facebook page. After receiving feedback from his Facebook group, he thought of opening a gallery to showcase the photos. So he launched the nonprofit Allegheny City Historic Gallery. In less than a month, Bill raised over $12,000 in funds for the gallery . Strategic roadmapping is also a great way to test your business idea.
seo-agency
Discover the best rated web agencies according to their field
Showcase sites
E-commerce sites
Mobile applications
SEO
Online advertising
Social networks
I discover the best Web Agencies
#12 Create interesting content
This story was reported in Reason Digital . During the summer, a young 9-year-old Caine algeria whatsapp data sets up his arcade store with some cardboard boxes that he prepares to build in his father's auto repair shop.
Unfortunately, the store didn't have many customers, until a customer named Nirvan Mullick, stopped by and loved Caine's arcade. He decided to make a movie about it and the movie became a hit on social media. After that, people from all over the world visited Caine's arcade and a fund was created to help him go to college. The fund quickly reached its goal of $25,000 and raised over $200,000 .
Another example is Priska Diaz, who wanted to fund her invention, a baby bottle called Bare that delivers milk without air, so she created a website showcasing the concept with photos of prototype bottles. The concept gained her a lot of traction on social media as potential customers waited for the product to be developed.
She set up a pre-order system and held a pre-sale directly from a website, which raised over $50,000 for her company Bittylab.
#13 Start a side project
Entrepreneur Alex Genadinik used the revenue from the tours he organized on ComeHike to launch Problemio, which creates mobile apps for business planning and creation.
Our co-founder Rahul Varshneya wrote an article on “How Side Hustles Can Be Your Path to Entrepreneurship.” In his article, Rahul mentions, “Side hustles are extremely easy to start because you don’t have to depend on them for your livelihood. You’re probably already earning a salary from your day job, so you don’t have to worry about a source of income even if you were to fail.” A great way to create a side income is by creating content through a blog. Learn how to monetize a blog without spending too much time on it.
#14 Get funding as a birthday present, literally
In 2008, when Cynthia Kersey, divorced and in her late 50s, wanted to pursue her dream idea of ensuring a child’s right to an education, she threw a 50th birthday party and invited everyone she knew. She asked each guest to bring $100 in lieu of gifts and announced that she would use the gifts as seed money to open her Los Angeles nonprofit, The Unstoppable Foundation.
#15 Cut down on luxury
Over 90% of startups are self-funded (also known as bootstrapping). Sometimes it takes a little longer to save up some money before you start and grow organically. There is no better way to say it: “Cut your luxuries short.” Most business owners who start their business, cut their expenses to save and invest that amount into the business.
#16 Sell the complementary material
Most people have unused things lying around the house. This can be a good way to start your seed fund. By listing unused items on LeBonCoin or organizing a garage sale, you can raise the funds needed to start your start up.
Brandi Hamrick of You Grow, Girl says, “When I first started my business and needed money, I sold stuff on Ebay. My closet was clean and I had more money to invest in my business. Sell last year’s handbags and clothes on Ebay, and use LeBonCoin for bulky items like furniture and appliances. You can even have a neighborhood yard sale.”
#17 You have a big house? Let yourself go!
Fay Johnson, founder and editor-in-chief of LIFE magazine, rented out her apartment to start her seed funding. Fay listed her San Francisco apartment on Airbnb and began renting it out for anywhere from five nights to a month. She used the money she raised to cover the costs of the first few issues of her magazine. No fundraising required!