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- 🧠💸 [MSN] Get Paid For Having Ideas.
🧠💸 [MSN] Get Paid For Having Ideas.
Sounds crazy right?
Online Wealth, Simplified
Welcome to another issue of Millionaire Syrup!
Actionable steps in every issue to transform and enhance your lifestyle.
What do you do when you have a GREAT business idea but not enough money to fund it? |
Well, you actually have another option.
It’s called… 🥁
It’s kind of like a GoFundMe for business ideas, except you actually give something in return in the long-run.
Granted…people can actually pledge money just because they BELIEVE in your idea!
Today:
🧠 Get Paid For Having Ideas.
❓ What Is Kickstarter?
🚀 Do You Need A Super Innovative Product To Raise Money On Kickstarter?
📦 What Type Of Products Can You Raise Money For?
📋 Do I Need To Have Inventory Ready In Order To Raise Money On Kickstarter?
📝 What Materials Are Necessary To Launch A Successful Kickstarter Campaign?
👥 You Can Do It On Your Own, But It’s Helpful To Hire These People.
⚠️ Don’t Be Naughty - There Are Rules You Should Follow.
💡 It Sounds Kind Of Scary. Any Pro Tips?
🧠 Get Paid For Having Ideas.
❓ What Is Kickstarter?
Kickstarter is a global crowdfunding platform that supports creative projects across various fields, many of which are innovative ideas. Founded in 2009, it connects creators with backers who fund projects in exchange for rewards.
Projects must meet their funding goals within a set timeframe; otherwise, no funds are collected. As of early 2023, Kickstarter has facilitated over $7 billion in pledges for more than 233,000 projects, emphasizing community-driven innovation and artistic expression.
🚀 Do You Need A Super Innovative Product To Raise Money On Kickstarter?
Believe it or not, nope!
A product that solves a problem and carries a good purpose is enough as long as you market it well.
There are some very simple campaigns out there that had successful backing.
Here are some examples:
📦 What Type Of Products Can You Raise Money For?
On Kickstarter, you can raise money for a wide range of creative projects categorized into 13 main categories:
Art
Comics
Crafts
Dance
Design
Fashion
Film & Video
Food
Games
Journalism
Music
Photography
Publishing
Technology
Theater
Here’s a super cool fact:
🤩 COOL FACT TIME 🤩
You can raise money for a DIGITAL product on Kickstarter!
A learning program. A software tool. An app.
You name it.
& that is something that:
1. Has instant fulfillment.
2. Needs to only be invested into being developed once.
📋 Do I Need To Have Inventory Ready In Order To Raise Money On Kickstarter?
Not. At. All.
In fact, the whole purpose of this platform is to get funding so you CAN afford inventory.
And whatever money you have after expenses, that’s profit!
Put it in your pocket, or invest further.
📝 What Materials Are Necessary To Launch A Successful Kickstarter Campaign?
Sales Copy. Make it good - people love a story.
Graphics. Visuals allow for higher conversion.
A Prototype. Digital or physical.
A Video: While not required, 80% of successful Kickstarter campaigns have a video.
Funding Goal. Make sure it’s realistic.
Rewards. This is what you’re actually developing. You can also offer add-ons if you’d like.
Financial Setup. Kickstarter will ask you to connect a bank account, a card, and enter legal business info.
Promo Info. If you plan to run ads through Google and Meta, Kickstarter asks for the pixels and ID.
Social Media. This is not a requirement, but content on platforms like Facebook, Instagram, and TikTok can be very helpful.
Note: You don’t pay anything to Kickstarter upfront. If the project is successfully funded, Kickstarter charges a 5% fee to the funds collected.
👥 You Can Do It On Your Own, But It’s Helpful To Hire These People.
Content Creator. While you focus on campaign strategy, have someone crank out a bunch of content based on existing successful content out there; the more, the better.
Ads Dude/Dudette. If you’ve never ran ads before, it’s best to have someone do it. Especially someone who has experience in running ads for successful campaigns.
Designer. You will need graphics for the campaign, ad graphics, branding, and constant edits - Canva is not recommended here.
Landing Page Developer. It can be helpful to have a third party page to drive traffic to and from for the purpose of email list creation.
⚠️ Don’t Be Naughty - There Are Rules You Should Follow.
Create Something: Projects must aim to produce a tangible outcome that can be shared with others.
Honesty and Transparency: Present accurate information about your project and backer statistics; misleading imagery is prohibited.
No Fundraising for Charity: Funds must be used solely for the project, not for charitable donations.
No Equity Offers: Projects cannot offer equity, revenue sharing, or investment opportunities.
Prohibited Items: Avoid projects involving illegal or restricted items.
💡 It Sounds Kind Of Scary. Any Pro Tips?
The good thing…is that you are not the first one doing this.
Find successful campaigns and do it the way they did it.
Maybe find ways they could’ve done better and improve!
Copy it. Give it to ChatGPT. Have it recreate it to match your product details and story.
It doesn’t have to be hard.
What Are Your Thoughts About This Business Model? |
If you need help bringing a Kickstarter campaign to life,
simply reply "Kickstarter" to this email.
|
If the universe doesn’t use you to do something great,
It will use someone else.
Stay Focused,
The Millionaire Syrup Team