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Crowdfunding 101 Brought to you by

First fare 2013 crowdfunding 101 (beginner) with notes

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Page 1: First fare 2013   crowdfunding 101 (beginner) with notes

Crowdfunding 101

Brought to you by

Page 2: First fare 2013   crowdfunding 101 (beginner) with notes

ABOUT THE

PRESENTER

Eli Bliss • Sophomore

at GHS • President of

Gladstone Robotics

• FIRST Fare Coordinator

• Former Marketing Captain

Page 3: First fare 2013   crowdfunding 101 (beginner) with notes

ABOUT THE AUTHOR

Crowdfunding for youth.

Page 4: First fare 2013   crowdfunding 101 (beginner) with notes

Turn to the person next to you and answer:

ABOUT YOU

What is your favorite (or least favorite)

fundraising memory?

Page 5: First fare 2013   crowdfunding 101 (beginner) with notes

In this training, we will answer:

• What is crowdfunding?

• How does crowdfunding work?

OBJECTIVE

Page 6: First fare 2013   crowdfunding 101 (beginner) with notes

So, what is crowdfunding, anyway?

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Crowdfunding noun & verb Utilizing the power of the internet to fund big projects & ideas with small contributions from thousands of people

ABOUT CROWDFUNDING

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POPULAR

EXAMPLES

Veronica Mars (a cancelled TV show) raised $5.7M from 90,000 people to make a movie

Entrepreneurs raised over $10M from 68,000 people to start making Pebble Watch

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Why does crowdfunding matter? 1. Reach friends & family* all over the world, with the click of a button

2. Internet has made it easier than ever to give!

WHY CROWDFUNDING

* And maybe (just maybe) people you don’t know.

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WHY CROWDFUNDING

These fundraisers are great for community building,

but you can raise by asking for online donations (rather than just selling things).

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OTHER TYPES

Sports Service Trips Nonprofit Causes

School Related Tuition Clubs + Projects

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So, how does crowdfunding

work, exactly?

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1. Make a webpage

1. Spread the word

1. Supporters support & get thanked

HOW IT WORKS

Page 14: First fare 2013   crowdfunding 101 (beginner) with notes

1. Make a page

1. Spread the word

1. Supporters support & get thanked

HOW IT WORKS

Page 15: First fare 2013   crowdfunding 101 (beginner) with notes

1. Make a page

1. Spread the word

1. Supporters support & get thanked

HOW IT WORKS

Page 16: First fare 2013   crowdfunding 101 (beginner) with notes

WHO’S THE CROWD?

Image from the American Association of Fundraising Council

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Anyone on the internet is part of the crowdfunding “crowd.”

But 90% of crowdfunding contributions come from the friends, family, and networks of the fundraisers themselves.

ABOUT THE

CROWD

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Will your fundraiser be as popular as this

little guy?

No, probably not. In fact 50% of crowdfunding projects fail to fundraise even 1¢

IT’S HARD WORK!

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MORE EFFORT = MORE $

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Q & A

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Turn your partner and answer:

What was the most surprising thing you

learned about crowdfunding today?

REFLECTION

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BE IN TOUCH