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Crowd
 Funding
   101
 Women Interactive Summit
          2012
Spelman College Atlanta GA

  Felecia Hatcher
   Author/ Chief
    Popsicle of
Feverish Ice Cream
BLACK&COLLECTIVE&BUYING&
        POWER&
Family
  This is usually
  our first level/
  attempt when
trying to look for
 funding for our
     business
Dried up Funding...




What we’ve been told business funding looks like
Make it Rain!



This is what
  we wish
 business
  funding
looked like
Revolution of Funding
Let your crowd fund you!
Dynamics of a successful
Crowd Funding Campaign
http://www.kickstarter.com/projects/597507018/pebble-e-
          paper-watch-for-iphone-and-android
http://www.kickstarter.com/projects/1996857943/the-
        misadventures-of-awkward-black-girl
A relatable pitch...
The best artist....steal


     Go on crowdfunding websites and watch successful and even
unsuccessful videos and look at campaign descriptions and pledge gifts
and beg borrow and steal the best content and spin it to your campaign.
Must have a compelling
                 video...
Use your smart phone or hire a college student to help you put together a
compelling video
Let donors know what their contributions will do for you and your business.
You are not just presenting your business you are “selling” your business to
potential investors
(Theres a difference!)
You and your partners need to be in your video
Show a demo of your product even if it is just a sketch
Tap into your network...

Use all your social networks and email list
Tweet for Dollars
Ask friends/family to support your cause with donations or social capital
(Social Capital=ReTweets and sharing your campaign with their networks)
Be Authentic...
Be yourself! I am quirky and clumsy and I fell down chasing an ice cream
truck I never wanted to tell that story but people can relate to that. Best
advice I ever received from an investor: Investors big or small are not
investing in your past or idea they invest in people and more importantly
people they like. Don’t be afraid to tell your true story of failure and
triumph. You want people watching your video to relate to you enough
that they want to open up their wallets and fund you.
ROI= Damn Good Pledge
              Gifts

If you are not offering equity in your business people still want to know
what they are getting in return for their investment aside from helping you
build your business. Offering exclusive gifts that don’t cost you much but
can be really valuable to your backers can really make the difference
between being funded at 25% and being funded at 500%.

You must get Super Creative!
Superwoman... How are you
   going to change the world?


Don’t just ask for money to add change to your pocket aim to build a company
that will also change your community and change the world. Once you’ve been
funded set aside $20+ a month to help fund other crowd funding projects.
HalfBaked.com
m




    Go To FeleciaHatcher.com
For a REWIND of the presentation

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Crowd Funding 101 Presented at Spelman College

  • 1. Crowd Funding 101 Women Interactive Summit 2012 Spelman College Atlanta GA Felecia Hatcher Author/ Chief Popsicle of Feverish Ice Cream
  • 2.
  • 3.
  • 4.
  • 6. Family This is usually our first level/ attempt when trying to look for funding for our business
  • 7. Dried up Funding... What we’ve been told business funding looks like
  • 8. Make it Rain! This is what we wish business funding looked like
  • 10. Let your crowd fund you!
  • 11. Dynamics of a successful Crowd Funding Campaign
  • 12. http://www.kickstarter.com/projects/597507018/pebble-e- paper-watch-for-iphone-and-android
  • 13. http://www.kickstarter.com/projects/1996857943/the- misadventures-of-awkward-black-girl
  • 15. The best artist....steal Go on crowdfunding websites and watch successful and even unsuccessful videos and look at campaign descriptions and pledge gifts and beg borrow and steal the best content and spin it to your campaign.
  • 16. Must have a compelling video... Use your smart phone or hire a college student to help you put together a compelling video Let donors know what their contributions will do for you and your business. You are not just presenting your business you are “selling” your business to potential investors (Theres a difference!) You and your partners need to be in your video Show a demo of your product even if it is just a sketch
  • 17. Tap into your network... Use all your social networks and email list Tweet for Dollars Ask friends/family to support your cause with donations or social capital (Social Capital=ReTweets and sharing your campaign with their networks)
  • 18. Be Authentic... Be yourself! I am quirky and clumsy and I fell down chasing an ice cream truck I never wanted to tell that story but people can relate to that. Best advice I ever received from an investor: Investors big or small are not investing in your past or idea they invest in people and more importantly people they like. Don’t be afraid to tell your true story of failure and triumph. You want people watching your video to relate to you enough that they want to open up their wallets and fund you.
  • 19. ROI= Damn Good Pledge Gifts If you are not offering equity in your business people still want to know what they are getting in return for their investment aside from helping you build your business. Offering exclusive gifts that don’t cost you much but can be really valuable to your backers can really make the difference between being funded at 25% and being funded at 500%. You must get Super Creative!
  • 20.
  • 21. Superwoman... How are you going to change the world? Don’t just ask for money to add change to your pocket aim to build a company that will also change your community and change the world. Once you’ve been funded set aside $20+ a month to help fund other crowd funding projects.
  • 23. m Go To FeleciaHatcher.com For a REWIND of the presentation

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