Table of Contents
[*Crowdfunding Launchpad-When Ideas Take Flight *]
Chapter One: Welcome to Crowdfunding!
Chapter 2: Crowdfunding Pitfalls
JIBO, the World’s First Family Robot
Chapter 3: What is Direct Funding and How Does It Work
Chapter 4: Cooperative Economics
Chapter 5: The Crowdfunding 2.0 Blueprint
Chapter 6: Cooperative Crowdfunding
Chapter 7: Purposeful Multiplication
Chapter 8: Top Crowdfunding Myths
Chapter 9: When The Tide Rises, All Ships Rise At the Same Time
Chapter 10: Funding Your Dream Has Never Been Closer
While all attempts have been made to provide effective, verifiable information in this book, neither the Author nor Publisher assumes any responsibility for any errors, inaccuracies, or omissions notwithstanding the fact the rapidly changing nature of the Crowdfunding and financing processes as practice by different portals and governance processes of each different countries and their banking systems.
Any slights of people or organizations are unintentional.
While the publisher and author have used their best efforts in preparing this book , they do not make representations with respect to the guarantees of income made. Readers are cautioned to rely on their judgment about their individual circumstances to act accordingly
If advice concerning financial matters is needed, the service of a qualified professional should be sought. This book is not a source of financial information and should not be used as such.
©Copyright 2016 Dwayne Anderson – Crowdfunding Launchpad-When Ideas Take Flight
2017 – New Release SHOW ME YOUR MONEY IDEA – Paperback
Download at Googleplay : SHOW ME YOUR MONEY IDEA – eBook -250 pages
Itunes : SHOW ME YOUR MONEY IDEA
It has been said that by the end of 2016 the number of Internet users globally was almost 3 billion and will continue to grow. Because of the Internet our world has grown smaller and smaller. The ability for people to connect and gather around various social issues and to demonstrate those concerns in tangible ways has changed our world forever.
This has also created ingenious ways in which we can connect where it concerns finding the necessary money we need. The old way forced us to deal with banking and lending institutions to find the money we needed.
In today’s world where we can easily connect with each other, as a result we can bypass conventional ways to find the help we need. We can now go directly to the crowd!
Who is the crowd? They are those people who resonate with the same things that resonate with us. Today the world has become smaller, we can easily make social connections on just about any topic or social concern. Prior to the Internet we were limited to making connections with much smaller groups of people. Today there are 7,182,406,565 people in the world that have access to the Internet, with the largest numbers coming from Asia. This is incredible when you think about it. Average ordinary people now have instant access to the crowd.
The New Way
What is Crowdfunding?
Crowdfunding is the Internet’s #1 newest, most exciting phenomenon and social trend for raising funds. It’s the same idea behind passing a basket around at church, with a large crowd of people being able to contribute small amounts of money which when combined meet the financial goal of an organization, group or individual.
Crowdfunding feeds our hunger to connect with others who share similar idea’s and concerns. Currently it is said that there are over 500 websites on which all individuals, groups, non-profits and companies may present what is commonly known as a project. Forbes Magazine wrote that[_ “Crowd Funding is the next big Trend.” _]
Crowdfunding websites are a new concept that started around 2003 and has grown in the last few years to a 5.1 billion dollar industry by 2013, and exploded to 15 billion in 2014. The World Bank estimates that it will reach $96 billion in 10 years!
Crowdfunding is a worldwide phenomenon that is now helping to make the dreams of people just like you come true. It is creating a powerful new global economy.
[* Grossed 5.97 billion Grossed 15 billion*]
In 2014 Crowdfunding has outperformed Facebook by BILLIONS of dollars!
Fifteen billion dollars is no small matter and should give you some idea where this industry will be in the future.
Fareed Zakaria on CNN recently interviewed two highly respected writers from Entrepreneurs World magazine. In the interview they stated that Crowd Funding in 2014 was a 15 Billion market that will turn into a 100 Billion in 24 months.
That is quite a prediction! They both agreed that Crowdfunding will have one of the greatest impacts on World Solutions to some of the World’s greatest challenges like hunger and poverty throughout the world.
For what need do you need to raise money?
Crowdfunding has been used to raise funds for just about every possible thing. We have seen projects for charity work, crises and life events. Other projects are focused on funding ideas, business start-ups, real estate and investment opportunities.
I am excited by the possibilities as we move into the future. I believe we have only seen the beginning as it continues to evolve. Below is a list of very basic individual needs for which you might need to raise funds. They would be great for a crowdfunding platform like GoFundMe. I will have to tell you though, meeting individual needs are more difficult with current platforms. However things are changing with what I call Crowdfunding 2.0, which will be covered later in this book.
Starting or expanding a business
Nurturing spiritual pursuits
Creating projects to “Make a better world”
Funding home improvements
Funding college loans
Funding a coming wedding
Buying a new or used car
Creating a retirement fund
Paying off loans, bills, mortgage etc…
Some of the most interesting developments in crowdfunding which are expected to grow in the months and years ahead, include: investment crowdfunding (becoming a shareholder in a company), localization (funding focused on participants in specific cities and neighbourhoods), mobile solutions, and group-based approaches.
The JOBS Act that was passed in April of 2012 paved the way to investment crowdfunding, but the JOBS Act Rulings by the SEC have yet to be fully implemented to formally kick the market off. Expect big movement and activity in this area in the coming years.
Types of crowdfunding
There are many types of crowdfunding, each having its own distinct purpose. Here are just a few of them.
has been used for a wide range of purposes, including motion picture promotion, software development, inventions development, scientific research, and civic projects.
[+Equity crowdfunding +]is the collective effort of individuals to support efforts initiated by other people or organizations through the provision of finance in the form of equity.
allows individuals to invest in legal disputes, globally, allowing those in need of litigation funding anywhere in the world to obtain it from their peers.
is the collective effort of individuals to help charitable causes.
With over 500 websites who provide crowdfunding, it can be difficult to choose the right one. Should you go with a donation-based service like Kickstarter or RocketHub? An equity-investment site like EarlyShares? A debt-investment platform like Prosper?
Should you pick one that lets you keep whatever you raise, or one that requires you to raise a predetermined amount? Or should you eliminate the middleman altogether and build your own page using a white-label platform like Crowdhoster?
Here is a list of the five top Crowdfunding websites:
Gofundme.comis a crowdfunding platform that allows people to raise money for events ranging from life events such as celebrations and graduations to challenging circumstances like accidents and illnesses.
*Kickstarter.com is a site where creative projects raise donation-based funding. These projects can range from new creative products like an art installation, to a cool watch, to pre-selling a music album. It’s not for businesses, causes, charities, or personal financing needs. *]
Kickstarter was one of the earliest platforms, and has experienced strong growth and many break-out large campaigns in the last few years.
While Kickstarter maintains a tighter focus and curates the creative projects approved on its site, Indiegogo.com approves donation-based fundraising campaigns for most anything — music, hobbyists, personal finance needs, charities and whatever else you could think of (except investment). They have had international growth because of their flexibility, broad approach and their early start in the industry.
Crowdfunder.com is the platform for raising investment (not rewards), and has a one of the largest and fastest growing network of investors. It was recently featured on Fox News as the new breed of crowdfunding due to the story about a $2 Billion exit of a crowdfunded company. After getting rewards-based funding on Kickstarter or Indiegogo, companies are often giving the crowd the opportunity to invest at Crowdfunder to raise more formal Seed & Series A rounds.
Crowdfunder offers equity crowdfunding currently only from individuals + angels + VCs, and was a leading participant in the JOBS Act legislation.
Rockethub.com powers donation-based funding for a wide variety of creative projects. What’s unique about RocketHub is their FuelPad and LaunchPad programs that help campaign owners and potential promotion and marketing partners connect and collaborate for the success of a campaign.
Crowdrise.com is a place for donation-based funding for Causes and Charity. They’ve attracted a community of do-gooders and fund all kinds of inspiring causes and needs.]
As you can see, there are platforms for just about any cause, need or topic -which allows easy entry for anyone.
What are the common denominators to having a successful campaign? The first thing you have to realize is that there are different types of projects and each category type has different things that can make the project successful.
The one criteria that is most common is that you will need a lot of people to see your project campaign. Also, people who see your project must be motivated and that motivation is what varies.
All Crowdfunding websites have the following things in common
They all charge a fee or a percentage of your donations for using their platform. Normal fees for personal fundraising sites range from 7% to 12%. Any website charging a fee over 20% should be a red flag.
They all require you to do all your own marketing. This means you will have to contact hundreds or thousands of people through your own efforts to ask for contributions. I will be showing you a few case studies in this book as we move forward.
They all have time limits. This means your project expires whether you reach your goal or not. This means that if you only reached 50% of your goal and the project expires, you lose any contributions or momentum you have gained.
They all use direct funding rather than a community-based model to gather donations.(I’ll cover this later in the book)
For example, an average project with a $10,000 funding goal will have a 35% chance of success if the campaign period is 30 days, whereas it will have only a 29% chance of success with a 60-day campaign period.
Many projects do not attract the necessary attention and fail miserably. The key to running a successful campaign is having a large social footprint. What this means is recruiting a group of friends to help you launch your project through social media. You will need to continually promote heavily to create momentum.
Help James Robertson Get a Car
The story behind James Robertson is a fascinating one. Robertson, a 56 year old Detroit man whose car broke down, had been walking to work since 2005. To get to work, he walked about 21 miles a day to make up for gaps in bus service. Robertson says he has made the journey five days a week since his car broke down a decade ago.
Evan Leedy, 19, and others took noticed and combined their efforts by creating a crowdfunding project for Robertson.
“I just used my phone. I created the go-funding site and within an hour we had $2,000,” he said. It didn’t take long for the media to pick up the story and as a result he was able to raise $349,904 through 13,270 people in two months.
Some gave smaller amounts, others gave more, but it averaged out to be a little more than $26.00 per person. Nonetheless, 13,270 people are a lot of people to reach without the help of the media.
What made James Robertson’s project successful? There are certain commonalities that I want to point out.
Someone else created and got behind the project. Robertson had no idea what was going on.
The media took notice because it was a human interest story.
It took a lot of individual people; over thirteen thousand people took notice.
Natalie’s Cakes and More Fund
Natalie’s Cakes and More opened its doors in June of this year and Natalie Dubose’s dream of owning her own business was fulfilled. No one could have predicted the unfolding events that took place on August 9, 2014 and the riots that were to soon follow.
Dozens of Ferguson and St. Louis area business were torched or looted after the grand jury’s decision to not charge the officer who shot Michael Brown was announced on that Monday night. Natalie’s Cakes and More was one of those businesses that were devastated in the riotous aftermath. Natalie was beside herself, not knowing what to do. Holidays were just around the corner and she had orders to fulfill.
It was suggested by a friend that the friend start a GoFundMe crowdfunding project. That project resulted in $270,602 being raised by 8,313 individuals making a donation to her cause.
What made Natalie’s project successful?
There are certain commonalities that I want to point out.
Someone else created and got behind the project. Natalie had no idea what was going on.
The media took notice because it was a human interest story.
It took a lot of individual people, over thirteen thousand people took notice.
These are two distinct human interest stories that caught the attention of “The Crowd” and because of it they were successful. The media again played a distinct role in the success of this project.
This next example is from Indiegogo, whose focus is more about helping people make their ideas happen. This would include things like business renovations, ideas, and development covering every conceivable idea.
JIBO is an interactive social response robot being developed for the consumer market. In July 2014, Jibo launched a crowdfunding campaign that saw record-breaking interest on crowdfunding site Indiegogo, with funding quickly soaring past an initial goal of $100,000 in less than four hours. When that campaign round ended in September, Jibo had managed to raise more than $2.2 million, with 4,800 initial units pre-sold.
What made the JIBO project successful?
Project had a project team behind it. They had a planned strategy to get the attention of the public and press.
Perks – Most projects on Indiegogo give something away to encourage people to give. In this case the project had proven so popular that the company had to add another batch of 100 Jibo Home Edition units to the campaign to keep up with the demand.
It took a less people to raise over two million dollars. Most donations were much larger due to the fact that perks work!
All Crowdfunding uses direct funding, meaning that your project’s reaching its goal is dependent on many people giving to you. This is much like the offering plate that is passed from person to person in a church service. Most if not all fundraising goes directly to the donor who is asking for funds. Most people and organizations who raise money for their organization or need also use direct funding.
Many individuals feel uncomfortable approaching people to ask for donations for themselves. This is why you will find that many successful crowdfunding projects that are charity-based are started by concerned others. If not for the sympathy engendered by James Robertson’s dilemma in not having a vehicle, he would still be walking 21 miles a day.
Here are the most common things you will find that direct funding needs in order to be successful.
You write your project, then choose a platform to host it.
It is your responsibility to do your own promoting.
The projects that raise the most money already have a large database of supporters or people who know, like, and trust them.
They have money for advertising.
They have a team of people helping to promote their project.
And finally, if they have a media-worthy project and are lucky they might get media attention.
Unfortunately most projects don’t have these resources and that is why only a small percentage of people and projects actually get funded.
If The Girl Scouts Can Do It, Why Not Me?
There are many people who have a desire to make a difference in their world. Maybe that is you. You may be trying to serve the needs of your community through a shelter or feeding the poor. It may be an after school program or some other community outreach. I know how frustrating it can be and that likely sometimes you want to quit.
We all realize that in order for a non-profit to be successful it takes ongoing fundraising efforts of directly approaching donors who believe in the mission and the vision. It takes thousands of individual donations month after month after month. This is what we know as direct funding and it is considered the norm, it is how we do it. We sell candy bars and stand in front of grocery stores selling Girl Scout Cookies. Why? Because this is how it has always been done.
Direct crowdfunding is currently working for organizations, businesses and yes many individuals. The problem is that only about 35 percent succeed, I will talk about why this is a little later. Things are changing though and that is the reason I wrote this book. You will be introduced to what I call the next generation of crowdfunding where everybody can win.
I wrote this book is not an exhaustive study on crowdfunding, I wrote it in an understandable way for the average person so they could succeed and thus by-pass the failures of others who had to rely on knowing a lot of people or a direct funding model where you feel like a panhandler asking for financial help from others. This is why Crowdfunding 2.0 is so important, it takes on an entire new approach so that anyone can get involved and feel good about it.
What is the financial obstacle that is standing in your way? You might have a vision, a dream or desire to bring some new thing to our world. I am here to tell you that that day has arrived. You don’t have to struggle anymore!
Some people simply need to eliminate a bill, a debt and that will be enough to free them to move forward in their life. Others may need to get free of such things so that they can move on toward an idea, dream or cause they have always longed for. You may need to raise money to start or expand a business or develop an idea. It really doesn’t matter what it is, your time has come.
Think about it, there was a time in our history when no one went to a bank to borrow money to build their house or even a business. I know that this might sound unreasonable or even a little shocking to you, after all, how could anyone ever afford to pay for a house outright? But history proves that it was only in the 1930s that mortgages actually got their start. It is interesting to note that the word Mortgage came from two separate Latin words, one being “Mort,” short for Mortician and “Gage”, meaning “grip.” In other words, “Death Grip.”
Initially banks were not the creators of mortgages, mortgages were the creation of Insurance companies.
These daring insurance companies did this, not in the interest of making money through fees and interest charges, but in the hopes of gaining ownership of properties if borrowers failed to keep up with the payments!
There was no such thing as a mortgage eighty five years ago. So then, you might be wondering, “How in the world were people able to own their own homes?”
People helped each other build their homes and barns.
Even today some cultures still do this. Mennonites and Amish are two communities of people who mostly live in the state of Ohio, Indiana, Pennsylvania, and some rural parts of Canada. They collectively work together to help each other build their barns.
Back in the 18th and 19th century young people all over America would grow up knowing that someday it would be their turn to homestead with their own families. They would voluntarily help and assist others in the community build their home or barn, knowing that someday it would be their turn.
Obviously the strength of what early cultures had has in many ways been lost – Strength of community where people relied upon each other, interdependence and family bonds going back generations. But the good news is that things might be changing.
World economics in which interdependence was taken over by corporate greed is losing ground. We are seeing a modern day resurgence of what some would call cooperative economics. We call it the emerging new blueprint. It entails both cooperative economics along with the social connection that is now available to us through technology.
We are now connecting through the Internet and social media in new and different ways. We might not know our neighbors but we all have a network of people that we are connected to on a daily basis.
The world has become smaller now. In an instant we communicate by text and chat to others, share pictures and stories about ourselves to people we never knew before.
Social Finance ROSCA – The Poor Man’s Bank
*In the United States we all too often lack the strong sense of community that others around the world enjoy. ROSCA stands for Rotating Savings and Credit Association. This is an amazing concept that has been used by cultures around the world. *
A ROSCA is a group of individuals who agree to meet for a defined period of time in order to save and borrow together, a form of combined peer-to-peer banking and peer-to-peer lending.
This concept is not dependent on your credit rating but upon your social rating, in a ROSCA your word is your bond. If you did not follow through as a member of a group, word would quickly spread to the community and you would not be able to participate or access funding through any other ROSCA group.
_Around the world participants make regular contributions to a fund, which is distributed in whole or in part to each contributor in rotation. For example, the above five people agree to contribute a set amount each and every month for five months. Each month the total amount is withdrawn and given to each person in rotation. _
Again, this concept is not new and has been used in many cultures. ROSCA is also known as tandas (Latin America), cundinas (Mexico), susu (West Africa and the Caribbean), hui (Asia), pandeiros (Brazil) or quiniela, co (India and Pakistan).
I am sharing the above example to showcase just how communities have worked together to achieve individual goals. For years you may have wondered how certain groups have come into the U.S. and within a short period of time have established themselves economically. It is because their culture operates on a close community basis where they come together and help each other purchase businesses and homes.
It’s interesting to note that in the U.S. we tend not to be as supportive of each other as in many other cultures. In America, in my opinion, we tend to be very independent rather than dependent or supportive of those around us. Take for instance how often we spend our money and support a store like Walmart. It is a well-known fact that these large chain stores have hurt local business in a big way. Local store owners find it difficult to compete and end up going out of business. But the discounted prices that the large chains offer are too compelling if we feel no kinship with our community.
Here are some interesting figures. Did you know that the average U.S. employee makes about $8.48 an hour? Typically a manager of a Walmart store earns anywhere from $101,236 to $143,439 per year. The CEO earns about $16,000 per hour. If you were to look at the Forbes list of the top 10 richest people in America you will discover that two of the names on that list belong to Christy Walton and Jim Walton. Who are they? They are the children of Sam Walton, founder of Walmart.
Now here is the irony of what I am sharing with you. We often go to Walmart, shop there, and spend our money without stopping for one moment thinking anything about what we are doing. But when it comes time to supporting a local business or each other we have a problem. We would rather support a big box store that funnels our money outside of our communities.
Coming back to supporting local business as well as the dreams of each other takes effort, but it is very rewarding. This is really a type of Cooperative Economics that has proven itself through the years. It is simply people coming together, helping each other to create wealth for each other.
[_“It is literally true that you can succeed best and _]
[_quickest by helping others to succeed.” _]
Now you can raise unlimited funds through the Community Shared or as some describe it, Cooperative Crowdfunding model, for your favorite project, dream or personal aspiration… and in the process, share it forward to help other family, friends and business connections do the same!
Does it work? The answer is absolutely yes, and there are many reasons this new concept is working better than ever for the average person.
There are no fees collected as in other crowdfunding platforms.
There are no time limits when your project expires.
You have instant access to funds, with no waiting for the goal to be reached.
You do not need a large database to be successful.
Let’s get to it by first getting clear about why you need to raise money. What is your reason, or as some put it, what is your “Why?”? Obviously if you purchased this book you already have some reasons. The Cooperative Crowdfunding platform works for anything you wish to raise money for. I love it because it levels the playing field, making it much easier to succeed.
Another reason I love this model is because most people feel a little embarrassed asking others to contribute to their own needs, wants and desires. What the Cooperative Crowdfunding platform does is enable you to focus more on the needs of others rather than yourself.
Hector Martinez Gets a New Home
Take for instance the story of Hector Martinez. The church Hector attended joined a Cooperative Crowdfunding platform.
The church, as with most churches, had a need to raise funds. They first announced their project to their members and told them they were using crowdfunding to do it.
They understood the power of Cooperative Crowdfunding and wanted to not just ask for direct donations but be a blessing to their members where they could be blessed as well.
The church gave the members two choices:
A. Simply donate directly any amount
B. Create and participate with a project of their own
For those who simply donated directly they would in essence be doing what 99% of all other crowdfunding platforms do. A simple thank you with no other expectations or involvement required.
For others who want to participate with a crowdfunding project of their own, they could assist the church with a one time out of pocket donation of $50, $100 or $200. In return, they could participate on the same Internet platform where they would list what they were raising money for.
They could also participate in a larger community of others that joined after them with their own projects.
Hector Martinez and his wife liked the idea and decided to participate with their own project.
At the time they were desperate to change their living conditions. The Martinezs, along with their two children, had been forced to move out of their $850 apartment because of financial need.
They moved to his mother’s basement and stayed there until they could get back on their feet.
Hector decided to donate $50 that day and then did what was taught him. He told a few of his friends and they told a few of their friends.
As a result they were able to raise $27,000 for a down payment in just 90 days! The larger picture is that everybody wins in the cooperative crowdfunding model that you are about to learn about. The church won because they received the one time donation from the Martinez family and many others who participated.
The Martinez family also won because they in turn were empowered with the tools, system and community to purchase a home. It doesn’t stop there, many others won as well, as you will soon see.
What Is Your Dream?
Think of your biggest personal ambition, your biggest personal goal. You may have some immediate needs that you need to eliminate but once they are removed what then, what’s next?
For Hector it was a home for his family, but I am quite sure that other financial goals came to his mind after he took care of the first.
That is how it is, once we take care of our immediate needs our minds and hearts crave for a sense of progress and purpose and as a result we begin to look beyond ourselves.
Let me ask you, if there was nothing hindering you and you had the support, resources and money to accomplish it, what would it be? What would you do if you were not afraid?
Silvestre Jaramillo (Kirby) Reaches for the Sky
Kirby loves to fly and he wants to create an Aviation School in the Philippines. In the Philippines there are 8 to 9 typhoons that make landfall each year. Kirby also wishes to raise funds for all the people who have lost their homes. His goal is $950,000.
Kirby got started with the method you are going to learn and as a result raised $103,000 in his first 62 days by only referring 12 others.
He has gone on to raise a minimum of $24,000 a month on steady basis and is seeing this amount continue to grow each month.
These amounts almost sound unbelievable but when placed within the context of today’s world where dot com startup businesses are breaking records every day it becomes very plausible.
The most important thing that I want to point out here is that neither one of these two people in these stories had any previous experience in raising money. They weren’t Internet gurus or marketing experts. All they had was a goal that motivated them to take the necessary action.
Meet Gregory and Robin Blanc Mascari. Today, through the use of our method are raising $3,500 on an average week in donations for their project. This is just the beginning and will continue to grow in the future.
(Obviously I cannot make any claims on the amount of money you can make from your own efforts; this is all dependent and your own personal efforts and work ethic.)
Their project is to provide resources for personal and professional success. They give free interviews on their Wise Women Weekly program with top thought leaders, authors and trainers that support building a networking business from ‘the softer side’. Their intention is to upgrade their website, where they can offer a series of audio interviews and books.
As you can see, I quite purposely chose to show you three specific examples. One was a personal financial goal for housing, the second being a business goal to build an aviation school and helping typhoon victims rebuild and then a non-profit who desires to build an education center.
What’s Your Dream?
Clear Credit Card Debt
College Loan or Wedding
Funding Home Improvements
Paying Off Your Mortgage
Raising Money For Ministry
Funding Your Retirement Account
Or Starting and/or Expanding Your Business
It’s important to get started correctly. Having a clear understanding about what it is that motivates you the most will assist you in getting started and succeeding.
Take a moment and write down what it is you need to raise money for.
Describe your initial project (and remember you can change or update it at any time.
What is the amount of money you desire to successfully fund this project? ___________
Describe your feelings, emotions and benefits when you successfully fund this project?
Describe your feelings, emotions and disappointment if you this project goal doesn’t get funded?
Keep the information above handy because you are going to want to use it when setting up a project on our new Crowdfunding 2.0 website.
What is Cooperative Crowdfunding? It is when people work together to live inspired lives. Steven Covey author of The 7 Habits of Highly Effective People® also wrote a book called The 8th Habit.
In the book he describes the 8th habit as someone who finds his or her voice and inspires others to find their voice as well. To find your voice means to engage in work that genuinely taps your talents and fuels your passion.
Once you’ve found your own voice, the way you can continue to increase your crowdfunding efforts is by helping others to find their own unique voices as well.
Find Your Voice, Inspire Others to Find Theirs
This really underscores what Cooperative Crowdfunding is all about. Once you get started your success will be based on helping others to discover what is possible for them. It is people working together to create and live inspired lives.
I want to preface this section of the book by stating that Cooperative Crowd Funding is not a business or income opportunity. The Donation Distribution Formula you are about to see is purely based on Crowd Funding and in no way makes any claims or guarantees of the contributions that your project will receive. Each individual’s project success depends largely on his or her commitment, desire and personal efforts.
Earlier I wrote about Direct Funding and this is also available to you in the model used in Cooperative Crowdfunding. You can simply fill out an online web form and get started for free. Just follow the directions from the online videos that are available. You will be given a full project creator where you will describe your project. You will be able to have your project live on the Internet and collect 100% of the funds that are donated to you.
The challenge is that you will only be able to participate in this portion on your own, you will be you – working by yourself.
*Partner With a Community and Together *
We Can Help You with Your Project
Cooperative Crowdfunding is a community shared funding. It is referral based. What does that mean? The way we grow this community is by sharing with people the concept of Cooperative Crowdfunding. If you can share the following sentence to others you should be able to reach any financial goal you have using this platform.
The following examples I am going to share with you are not typical and are hypothetical. In the real world it will never happen in this manner. Some project managers will refer five, some two, some just one, some none. But some will refer many more, so each situation is unique.
Your total financial risk is only the initial donation you make to your referrer’s project, which is nonrefundable and a personal choice.
Earlier I used the example of how the Amish and Mennonites built their homes and barns. They realized that in order for themselves to receive they had to first give of their time, talents and ability to the community to help build someone else’s house. When the time was right others would come over and help them build their own house.
This is exactly what we do here. You first give a donation to the project of the person that referred you. This is a onetime donation, you will never come out of pocket again. That donation will be either a onetime $50, $100 or a $200. It is based on donating on the level that you want to receive!
What this means is that if you want to receive $50 donations you will want to give $50. If you want to receive $100 or $200 you will want to give at those levels. We have many video helps that will assist you in grasping the information here. Some people understand better by reading while others prefer a video. Just go to the back of this book under the section call; “Getting Started” to get the proper Internet link to our Media Center.
The following example will give you an overview; like I said, there are other more in-depth overviews and trainings available that goes into more detail.
One of the first things you need to realize is that there are already projects in our community prior to you joining. What I am going to first do is share with you some of these projects, these are real projects and real people just like you.
To get started you will need to donate $200 to the person who referred you. In this example it would be person #1. You would then go out and spread the word with ten other people or organizations. Here is what you are going to say.
“I found a way to get the funding for my project. The great thing is that it is not a grant, not a loan and there is no repayment is required. The money is coming from Crowdfunding. Do you know anyone who needs funding for anything?”
You are going to take a little bit of the $1,000 you have received and donate to other projects. The amount you will share is $320 which is then split between three other projects. Don’t worry about having to figure it out because the software does it all for you.
Each of these twenty five projects will have each received $1,000 in donations and will want to donate as you did in order to participate in the cooperative crowdfunding community.
You are now person number two which means these projects will be donating to you now! You will be receiving $160 from each of the twenty five.
Here is the math again: 25 × $160 = $4,000
You will have received an additional $4,000! This amount is significant and can go a long way in helping you with your project. You are going to want to participate in the community and because of that you are going to want to take a small portion of the $4,000 and share it with others. The amount you will want to donate is $640 and it too will be shared with three other projects.
Here is what it looks like; 5 × 25 = 125. You now have 125 projects donating to your project. How much will each of them be donating? They each will be giving you $320 each.
Here is what the math looks like: 125 × 320 = $40,000
This is an additional $40,000 that will be donated to your project. Again this is a significant amount of money that you are able to raise without having to have the huge database or large social footprint which other crowdfunding websites require in order for you to be successful. When you think about it, this really increases the level of success.
You may be a person who only needs $3,000, $5,000 or $10,000. This is good news; you have reached your goal. You were able to do this with only five direct donations; the remaining donations were from a community of less than fifty.
But, perhaps you are someone who is raising a significant amount that is much larger. Maybe you need funds to renovate a church building. Possibly you represent a non-profit, or maybe you have some amazing things you want to do for your community or for your family. Because of this you need more than $40,000. Kirby in our earlier example has a goal to raise $950,000 for his aviation training school in the Philippines.
What I want to show now is for those who represent a larger group or organization. This is what makes this platform attractive to this type of funding that they are looking for.
Here is what it is going to look like.
Just like in previous examples, to be qualified to receive additional donations from the community that is coming in after you, you will need to make an additional donation. You simply take a small portion from the $40,000 you have received and give, $1,280.
I love this principle because it works. I believe that there is a universal principle at work here. The principle of giving somehow releases the law of reciprocity in our lives. “Give and it shall be given unto you.”
When I first started using this method for raising funds, I became excited because for the first time I was able to simply give to real people who represented real needs and projects. Prior to this, my giving was limited to an offering plate in church or sponsoring a child with a monthly gift through World Vision.
Now I am able to give hundreds of dollars more that effected many lives. In fact when you belong to a community like this, you realize that a part of what you give others is also being shared by them to even more projects.
The “give and it shall be given” principle is a universaltruth that works in all manner of ways. We understand it as a part of our daily lives; successful businesses understand it in their marketing efforts. We know it to be true in our own giving as we reach out to others around us.
This is the power of a community based effort that is intentional in reaching out to others and empowering them. It no longer becomes about us but about the dreams, ambitions and needs of others. We benefit by the overflow of this universal law of giving.
Now that you have received an additional $40,000 you are easily able to give $1,280. This is again shared with three other projects. Fifty percent is shared with project #4 and the other fifty percent is split between projects #5 and #6.
You are now qualified to receive half of the $1,280 which is $640 from the 625 projects that were referred by the 125 previous projects. Now maybe you are someone who needs a significant life change, a miracle that will significantly propel you into living a life of purpose contribution and purposeful action. This is what we call life changing! It gives you the ability to do something that can be very meaningful and powerful.
It is almost shocking to think that something so simple can have such amazing results. Let’s look at the numbers. 625 projects each giving you $640 is $400,000!
In a typical crowdfunding platform you would need thousands of individual donations to raise $400,000. In our example here it only took five personal referrals and a total of 780 others who joined after you.
This amount continues on as you move onto the next level. I am not going to go any further because I think you get the point. There are video overviews that train you on everything you need to know to get started.
The amazing part of it all is that it is completely managed for you by a software system that runs everything for you.
This is why this shared crowdfunding platform is so different. Your project can potentially receive hundreds and possibly thousands of shared contributions it would have never received on other crowdfunding websites using the “Addition Method.”
All other platforms use this formula. Let me explain, when you find four donors you have to go out and find four more donors. You will then have to find another four and another…
See what I mean? It is all based on your own ability to market and attract people and their donations to your project page.
*In Addition the following formula *
results in 20 contributors.
5+5+5+5 = 20
Now let’s compare how a shared community platform works, it is very different because it uses Multiplication!
In Multiplication the following formula results in 625
5×5×5×5 = 625
You help four people to contribute and then help them find five more and then five and those five find five. In that way you create a community of 625 contributors. This allows all 625 to make contributions with you because of the distribution formula this platform uses.
There’s a lot of growth potential in one little seed and that is where it starts. You are that seed, this book is that seed and crowdfunding is a seed.
A seed seems so small but under the right conditions this one seed can grow into a plant that will yield 800-1600 seeds!
THE FOUR LEVERS of LEVERAGE:
Money, People, Systems, Time
THE LEVER OF MONEY
In cooperative crowdfunding we able to leverage four things; the first thing is money!
By simply donating a one-time gift of $200 you not only empower the project of the person you are giving it to but you are now able to participate in the community which allows you to receive from others.
One question I get about money is the question about taxes. Do I need to pay taxes? I am not a tax consultant or professional so I can’t speak specifically about this. I would urge you to reach out to someone who can give you sound advice.
What I do know from my own experience and what I would do is to start a business or not for profit identity. This is one of the best things I can do for myself. This saves me thousands of dollars a year in tax savings. Every expense that I have including all donations I make to other community members can be a write off.
THE LEVER OF PEOPLE
Next let’s take advantage of the second lever: people.
This is a huge asset that creates the unified strength to help you reach your financial goal. In traditional crowdfunding 1.0 you a successful campaign also leverage people but they do it in a different way.
Most successful campaigns that are run by a company have put together a team who work together for the common goal. This allows for a combination of ideas to come together, creates synergy and work can then be divided up between team members.
In cooperative crowdfunding we are leveraging the community. The exciting part of it is that once you start your project it is no longer about you. Your focus and efforts are working with others, helping them explore what is important to them. In other words what their project is.
Again it starts out with the words:
“I found a way to get the funding for my project. The great thing is that it is not a grant, not a loan and there is no repayment is required. The money is coming from Crowdfunding. Do you know anyone who needs funding for anything?”
Or, it can be as simple as;
“Who do you know is looking to raise money for a project, a personal need or business?”
Here is another way of saying it although a longer version:
[*Who do you know that is looking to raise funds for things like: *]
-- Day to Day expenses -- Clear Credit card debt -- Children's Education -- Medical Bills -- Paying Off Your loans, bills mortgage -- Raising Money For Ministry , Missionaries , Charities ,Orphanages etc. -- Artistic Endeavors -- Funding Your Retirement Account -- Or Starting and/or Expanding Your Business ....and more
What is Crowdfunding?
Even though crowdfunding is a 15 billion dollar industry, you will discover that many are not familiar with the term. If someone asks you “What is crowdfunding?”
Tell them to Google it. It is best that you don’t try to explain it. If you do, tell them in simple terms: Crowdfunding is like an online fundraiser, it’s now all over the world. You can also use a popular story that the media has recently given attention to.
What’s most important is that you let the system and tools explain it for you.
Once you get someone starting it is important to get them started correctly. Here are the things that are most important for them to be successful.
Having a clear vision about what their project is. Just writing down their goals and vision is something most people have never done. This makes it real to them and provides clarity that will keep them on track and motivated.
Immediately start inviting others to take a look. In the first week
approach ten people the question “Who do you know is looking to raise money for a project, a personal need or business?”
THE LEVER OF SYSTEMS
Leveraging systems will make your job of reaching your goal easier. We are using systems all the time right now in our day to day process. Think about it, you wake usually around the same time then you go about your process or system prior to starting the day.
Systems and processes help us in our crowdfunding efforts as well. Being aware of where to direct those ten people you talked is part of the process.
We believe having a system is so important that we have prepared a Getting Started Guide for New Project Managers.
This is a training guide that will be provided to the person immediately once they get started. It covers four steps – Prepare, Share, Care and Enroll.
[The First Step *]- *Preparation includes a complete check list of items you will want to complete so you can get off to a fast start.
The Second Step – Sharing is the part where you get to tell the world.
The Third Step – [*Caring *]is the step that will cover the importance of not just sharing but how we demonstrate care.
The Forth Step *]- [*Enroll.If you share and care enough, people will start asking how they get start and join your team of Project Managers, and this is where the fun begins!
There are only three things you need
to know to become very successful.
1) Know your “Why”
2) Know what to say to prospects
3) Know where to find your prospects
If you don’t know your “why” – you will NOT be successful! The ONLY question you need to ask prospects is:
“Do you know anyone that needs to raise
funds for their dream project?”
Don’t ask if THEY are – ask if they KNOW someone who does! That’s it!
Let them carry the conversation. Virtually everyone out there has a “project”. They might not know what it is or have a belief in themselves that they can fund their dream project. You are opening the door to give them a possible avenue to reach their dreams.
You are selling dream fulfillment to other people. You are not selling widgets and lotions and potions. You are helping others accomplish something they might not have realized they could actually do!
The bottom line is you are only talking to one person. If they are non-responsive, move on to the next person.
THE LEVER OF TIME
Cooperative crowdfunding leverages time. It leverages time because you leverage other people’s effort. Each of us is limited by the amount of time we have, there are only so many hours in a day. If you are working as a community you can achieve more in less time.
Take the earlier example of the Mennonites and Amish who work as a community to build a barn. The question is, how long would it take for a single person to build a barn by themselves? The answer would be, a very long time if at all. There are beams to lift, walls to be raised and because of that it would take the concentrated effort of many people.
Instead the community comes together and contributes to the success of others by donating their time and effort. This has a multiplying effect. Instead of taking months, the goal of raising a barn may take only one or two days.
How long will it take for you to build the funds to build your project? It depends on how quickly you get started. Remember you in my previous example it only took five people who each had a project they were motivated to build.
Myth 1: Crowdfunding is simple: If you build it, they will come.
Crowdfunding sites are a tool that individuals, organizations and businesses can use strategically when raising funds and awareness.
It takes effort on your and your team’s part to be successful, especially if you are relying on a direct funding model as described in the beginning of this book. Even if you decide to join a community based platform that uses cooperative crowdfunding it still takes effort.
Simply identifying your project and putting it up on the web with a video and nice music does not mean you will be successful.
Crowdfunding on a platform that relies only on direct funding means you will need to be strategic your crowdfunding vision. It must engage supporters and connect with the community, in addition to raising funds.
If you are using cooperative crowdfunding the vision you cast is more important to you and your personal motivation. Once you know your own why, your focus and efforts become more about helping others understand how they can use this platform for their own needs.
Myth 2: It’s online panhandling
Many people feel uncomfortable raising money for their personal needs which is why other people do it for them. For instance friends, family or just another concerned citizen knows about a situation and steps in to help. Most of us have no problems speaking up for the needs of others but become uncomfortable speaking up about our own needs.
As for raising money for a business project or idea some people can feel a bit uneasy. This is probably why perks are offered to those who contribute. Giving something in exchange makes it seem like it’s not charity.
These feelings are understandable for instance the person who is trying to Crowdfund his mortgage might get the following response;
“Why the hell would I want to help pay someone’s mortgage off when I have one too?”
This would be an understandable concern under most circumstances. But cooperative crowdfunding is different, completely different! Remember, it is not self-focused like other crowdfunding platforms.
You are not approaching people with your hand-out, you are taking the position of someone who cares and are about to show them a way that they can achieve and reach whatever goal or project they may have.
[_“You can get everything you want in life if _]
you will help others get what they want!”
Myth 3: Crowdfunding is just about money.
Yes, crowdfunding is most certainly a fundraising tool. But more than that, it is also a strategic planner, a vision-caster, a communicator, a marketer, and a team-building exercise. Even when projects do not reach their dollar-amount goal, organizers still end up with a full spreadsheet of all their donors, new and old, along with their contact information.
Organizations that use crowdfunding to align their vision with the vision of their supporters find that even failed campaigns are extremely valuable in providing organizational direction. For example, well-planned crowdfunding will build buy-in among your supporters.
Watching the crowdfunding campaign should feel like cheering for a team during a big game – fans are committed, they talk strategy, watch, cheer, and invite their friends to watch too.
But you have to remember, not all crowdfunding is for organizations or companies. You might be a lone individual that has no team to work with. This is where cooperative crowdfunding might be a bit different. We work as a community by hosting calls where the concept is shared. You also be involved in supporting the dreams, aspirations and needs of others.
Myth 4: Crowdfunding only works if you have social media expertise.
This may not be a myth at all when you are considering traditional crowdfunding. Direct funding requires attracting a crowd. If you don’t have the social footprint where you can tap your friends for help you might be up a creek. You might consider using carrier pigeons but I don’t think it will help.
Cooperative crowdfunding obviously is different. You don’t need a large social footprint. Remember, it uses multiplication, not addition.
Myth 5: Crowdfunding is a short-term solution.
Some say crowdfunding is not the trip or even the minivan, it’s the gas station. Once the destination is identified, crowdfunding can help fuel the journey, from first step to final goal. Organizations move toward their destination through start-up funding, followed by investment in long-term resources such as board members and new donors, both of which are underlying benefits of crowdfunding.
Myth 6: Crowdfunding is a fad that will die out.
Unlike bellbottoms and shoulder pads, crowdfunding isn’t simply a fad; it’s actually a new term for a familiar practice. From the early church in the New Testament the idea of pooling resources to fund a mission has been around for a long time. What’s different about crowdfunding is that it allows groups to engage people around the world, without geographical barriers. Crowdfunding will continue to develop and change with time, but the idea of giving generously to support ideas and needs is here to stay.
Myth 7: Only those who need money should care about crowdfunding.
The truth is that we should all be good stewards of our resources – whether acting as an individual or as an organization.
In that regard, crowdfunding is a fantastic opportunity for those with financial resources looking to support innovative leaders.
Being involved with your own project using cooperative crowdfunding is a great way to identify and contribute to projects you would have otherwise never learned about.
Cooperative crowdfunding is an exciting, inspiring, humbling experience that requires a pay it forward mindset. It is an incredible way to touch many lives.
This is a powerful metaphor initially spoken by John F. Kennedy. The statement is generally associated with the idea that improvements in the general economy will benefit all participants in it.
It is especially powerful in the cooperative crowdfunding model. When a community of people decide to intentionally join together for the benefit of all it can have profound effects.
Two Dimensional Community Building
Two groups of people those who have joined before you and those who join after you. Let’s talk first about those who joined before you and how intentional giving is helping many others at the same time.
I know that when I make a donation out of the donations already received, that this will have an impact and repercussions. Initially I am impacting three different projects.
First realize that 50% of the contributions are going to one project, and the other 50% is split between two other projects. As exciting as this might be, it doesn’t stop there. You see, each person or project I am giving to is also donating which enable them to continue to receive from the community.
Donations not only affect three other projects but they have a rippling effect that affects many more people that are in the community. I can at any time log into the back office of the crowdfunding website and view the projects I am giving to.
I am making a positive difference for
A grandfather who is raising his grandchildren and paying off huge medical bills.
A senior citizen who needs to retire. Although he has been working very hard he lack the ability to quit working.
A couple who wish to expand their online business. They want to assist people by creating resources for personal and professional success, publish books and provide audio trainings.
Someone who needs to recoup his financial losses from the real estate market crash.
A mom and son who needs to recover from the loss of their home.
A two time super bowl winner is raising funds to bring solutions to the draught problems currently facing the State of California.
A project to develop additional 1,000+ acres of natural unused land and convert them into Naturally Grown Farms in India
It truly is better to give than to receive
Team building is a powerful part of the cooperative crowdfunding model. Although always an option most see the benefit of this activity.
It is each community team member make an intentional decision to place others who they refer into the structure or team of previous members. Let’s say you have referred two projects. It just so happens that the person who shared this concept with you has only referred two people and is about to refer their third.
This person can be placed as a part of your team and will go on to refer others. Even though you did not refer them as they continue on, they will giving donations because they wish to stay qualified. The good news is portion of that donation could come to you. You might receive 50% of some ones donation or it could be 25%. These donations are coming from all kinds of people who also have a dream that motivates them. It is that personal motivation and inner drive to move forward that builds a thriving community that benefits everyone.
This is the power of the community!
Keep in mind, a person can share this concept with as many people as they want. As they join, they can be placed as part of a group to benefit others which in turn benefits everyone. I can give you many examples of the kind of money that is being raised but I won’t, the proof is what is already taking place in the lives of average people around the world.
Imagine the power of this model that I have shared with you versus a one dimensional direct funding model that is used by other crowdfunding platforms. Entire communities can be effected in a positive way. One touch’s two who touches five who impacts others. In the end thousands of individuals, businesses and organizations are experiencing the rise of the tide.
For the Greater Good!
Earlier I wrote about James Robertson who was able to receive $349,000 to purchase a new car. His life was enhanced as a result of this gift. Those who gave to help him buy a car were only benefited by the knowledge that they were able to make a difference in his life As far as we know it did nothing for the community as a whole, it really didn’t change any other person’s life in any significant way.
Remember, that method is only one dimensional, whereas Cooperative Crowdfunding is two dimensional. In fact, using Cooperative Crowdfunding can enhance and change entire communities. I titled this chapter the way I did for a reason. We live in incredible times where average individuals like yourself can truly work together with others to not only cross over any financial barrier they have had but to have an impact on their world.
Recently the city of Baltimore was rocked by rioters and looters who used the death of Freddie Gray who died at the hands of police officers as an excuse to cause great harm and damage. I am sure there will be crowdfunding projects on platforms like Gofundme and others to help small businesses. The problem is that it will only benefit those specific people and businesses and not help the city wide devastation that took place on a larger scale.
Now, using the model Cooperative Crowdfunding there will be a movement created called: Revitalize Baltimore – Let’s Do it Together!
It will be a city-wide cause that will bring groups, organizations, charities, churches, families and individuals together through community based crowdfunding that will foster partnerships as well as the resources to meet collective funding goals.
Connecting to others, empowering those around you and realizing that you can impact an entire community is indeed powerful. Our world needs each and every one of us to be that positive force that Cooperative Crowdfunding provides to us.
After three and a half years of drought in the land, the prophet declared that there was rain coming to the land! He spoke out what no one else could see, “Up on your feet! Eat and drink – celebrate! Rain is on the way; I hear it coming. On your feet now! Look toward the sea.”
The servant went, looked, and reported back, “I don’t see a thing.” “Keep looking,” said the prophet, “seven times if necessary.” And sure enough, the seventh time he said, “Oh yes, a cloud! I see a very small cloud, no bigger than someone’s hand, rising out of the sea.”
Things happened fast after that, the sky grew black with wind-driven clouds, and then a huge cloudburst of rain.
The drought spoken of in this story was one of rain. But in terms of the subject of this book it is could be another type of drought, a drought of believing in yourself, your own dreams and aspirations. You see, I believe with all my heart the every individual on this planet has been given the opportunity to dream for a reason. The reason is to create the necessary motivation to take action and eventually achieve.
Treat inaction as the only real failure. If you don’t take action, you fail by default and can’t even learn from the experience.
As we grow out of our childhood it seems that over time we stop acting as quickly as we once did where it comes to the creative thoughts and ideas we once had. I’m not saying that we stop having ideas altogether, we just stop acting on them as frequently as we once did. The bad news is that once that takes place the creative juices that were once so alive in us slow down. We are less likely to think on our feet, we become more and more dependent on the ingrained systems and pathways of certain mind-sets to which we have become accustomed.
In other words, over time we settle into those things we know for sure, those stationary things that we have become familiar with that support us and give us stability as it concerns who we are as a person.
When we were young, in many ways our unique identity was still in the making. The words of others telling us who we are hadn’t taken root yet, words that tell us that you were stupid or smart were less likely to have settled in. As we grow older we become more aware and concerned about the thoughts of others.
Here are five rules that will help you along the way
[*Insight Key #1 *]
Believe that you are the same person that had all of those wonderful creative ideas when you were young.
Someone once said, “Seeing is believing.” Well, take the opposite approach and say that believing is seeing.
The prophet that day saw something that no one else could see that day, he saw that the rain was coming and that it was a time to celebrate. He moved past the drought-filled vision of everyone around him and declared the truth that he had become aware of, a vision of rain!
Realize and embrace that you have the same ability to generate ideas and create as you did as a child. You may have lost the spontaneity that you feel you once had but if you will embrace and celebrate the fact that you are still the same person it will help you along the way of becoming more creative.
“Up on your feet! Eat and drink – celebrate! The rain is on the way; I hear it coming.”
[*Insight #2 *]
Let go of preconceived notions that cause you to doubt and pre-judge the ideas that come to you.
There is one thing that children usually have no shortage of, and that is a naïve innocence that keep them opened to creative ideas. They haven’t learned the phrase, “No, it can’t be done.” yet and because of that children are much more accepting of each other’s imaginary play.
This is opposite to the way most adults think in our day. Why can’t we simply look at an idea without immediately throwing it to the ground? Think of yourself having your own private brainstorming session where no idea is scorned or criticized. Then, write them down! Don’t worry, they are not cast in stone, but they will open the doors of your mind to the one grand thought and idea that will bring you the answer you need.
[*Insight #3 *]
Know and believe that you have the capacity to create something out of nothing.
You have to know and believe this beyond a shadow of a doubt! You have to realize that that there is nothing that is impossible to them who believe.
I don’t remember exactly when that “belief” entered my mind, but one thing for sure, I knew I had it. As a child, I specifically remember thinking to myself that if I applied myself I could create a way to achieve just about anything I wanted to.
Now I have to admit to you that many of those well thought out plans and ideas were not for my greater good. Like the time I figured out a way to ditch classes in 6th grade for 30 days in a row without anyone finding out, or when I discovered how to get my brother and myself into movie theaters for free.
Getting into the theater was as simple as telling the person taking the tickets that my mom had sent me to find my brother who was in the movie and that I was supposed to get him home right away! The doorman would of course be suspicious and warn me that I had better come right back or he would come looking for me. Little did he know, but my brother was standing outside of the exit door waiting for me to let him in.
I would later leave the theater making sure that I was seen and was heard saying, “I can’t find him anywhere, he must not be in there”. You can probably guess what I did then, I would head straight to the same exit doors where my brother was waiting and he would let me in for a day of enjoyment at the movies.
Incredible belief, this is what we all had it as children. Somehow we just knew that we were capable of doing just about anything. You are still that special person that once believed that nothing was impossible.
[*Insight #4 *]
Have Confidence that Inspired Ideas Will Come
If you understand and live out of an abundance mindset then you know that answers are all around you. But creating ideas that create cash or success out of nothing can be difficult if you are no longer passionate for that thing that was once important to you. If you have accepted mediocrity in your life it is easy to become passive. Where there is passivity, inspiration refuses to flow. We can look back at many times in our lives and see where answers almost seemly appeared out of nowhere. If you will stop and think about it, the one central point in those cases was passion.
Now answers can come in many forms, sometimes they are a knock at the door and someone hands you your answer, other times it is an inspirational thought that you take action on. But when you are aware and thinking creatively, the answers will come.
While in college we made friends with an older couple who ran a worm farm. In the back acreage behind the house Mr. Gordon had built and placed long wooden troughs in rows where they raised earthworms which were later to be sold to local fish and tackle stores.
He told us that he would pay us six cents apiece to collect night crawlers in nearby parks. Well, we were certainly motivated enough, and before long the ideas that would enable us to accomplish the task at hand came pouring out.
We found an electric rod that could be put into the ground and then would cause at least three or four crawlers at a time to come shooting out looking for relief. Oh, but we had one other problem… The parks didn’t have electricity. Now, how were we to get electricity out in the middle of all that grass? We soon found ourselves renting a gas powered generator to accomplish the task. We counted out night crawlers one by one into the thousands, putting them into buckets that we would then deliver to the Gordon’s worm farm.
If you lived anywhere near the state capital of California in 1979 and you wondered what all that noise was all about at 3:00 AM in the morning, you now know. I wouldn’t be surprised if while doing an overnight stint in the capital, Governor Jerry Brown himself didn’t stare out through his window wondering what that crazy couple was doing.
[*Insight #5 *]
You’ve Got to Have Ambition
What is ambition and where does it come from? Ambition comes from the deep-seated desires that materialize the object or aim of the endeavors that exist in our minds.
Before you can create and accomplish things you first must have ambition. And the only way that you can experience and feel ambition is if you have hunger that is created by the need driven drives in our lives.
Where does your ambition come from, what is it that makes your heart burn? Every man, women, boy and girl have the ability to creatively find the answers to their ambition.
Opportunities Happen When You Are In Motion
This is a major point that most people miss out on and because they do, they are not able to grasp opportunity when it comes to them. Preparation, when you have sense of direction in your life and you begin to make movement toward that direction no matter how small it may be, is the next requirement.
Believe it or not, most people do not think in these terms. Typically people sit waiting for opportunity to come or they wait for assurance before they make a move.
*It is important that you act upon the inspiration *
that is coming into your life every day!
You see, each of us has personal interests in our lives that cause us to reach for new information on a continual basis. If this does not describe you and you have no idea what I mean here, then quite frankly you are stuck in a rut! You know the kind, all you see is where you came from and the tight narrow passage you’ve been walking on for the last 10 or 20 years. On each side, all you see is dirt and it keeps you from having peripheral vision, in other words, you can’t see the opportunities that are already there.
If this describes you, pick up a copy of my book: Empowered – How to Expand the Boundary Lines of Your Life. In it you will discover ways to renew and discover your purpose and passion so that you can see opportunities when they come.
In any case, opportunities are all around you! They see us but we just don’t see them all the time. Here is the important thing I want to get across to you right now.
When inspiration comes to you, no matter how small of an idea or thought it may be – Especially if it is tied to the core desires of your life, TAKE ACTION IMMEDIATELY!
If you are reading, searching, seeking to expand who you are, I guarantee that inspiration is taking place. The question is, are you acting on it? Studies have shown that inspiration has to be acted upon within 12 hours otherwise it starts to become hazy and lost. Put inspiration off for 24 hours, and you will not remember it at all and if you do, you will have difficulty recalling the details.
How do you take action? It could be as simple as writing it down and then exploring thoughts and information that has to do with the idea. But taking some type of action is important because it will prepare you for other related opportunities. Most people sit and wait until they have all the information they need prior to taking action. They speculate about how they are going to pull the idea off and when they see roadblocks they stop cold. You have heard the adage; it is hard to turn a car that is not moving! Well, it’s true; once you start you will be surprised by additional ideas that will come to you.
Hearing and acting on the inspiration in your heart will take you anywhere you want to go in life. It is all there, always available to take you to the next step.
It is one thing to notice the moments of inspiration in our lives and an entirely different experience to act on those moments. The following statements are a few common blocks that keep us in a state of inner paralysis, preventing us from going for it in life:
“I can’t do that”
“Nothing ever works out for me”
“I can’t handle rejection”
“I am not OK if this doesn’t turn out the way I want it to”
“What will people think?”
“What if I fail?”
Realize that it is always better to step forward into growth then to stop backward into safety. How can you be sure that you are taking action in your life? It is so easy to simply gather information without allowing it to have a positive effect in our lives. Here is one thing I am doing to solve this issue and I think it will help you as well.
2017 – New Release
SHOW ME YOUR MONEY IDEA – Paperback
Download at Googleplay : SHOW ME YOUR MONEY IDEA – eBook -250 pages
Itunes : SHOW ME YOUR MONEY IDEA
In 2014 Crowdfunding has outperformed Facebook by BILLIONS of dollars! Fifteen billion dollars then was no small matter and should give you some idea where this industry will be in the future. Yes, maybe 100 billion is a possibility in the next few years . Crowdfunding will have one of the greatest impacts on World Solutions to some of the World's greatest challenges like hunger and poverty throughout the world. For what need do you need to raise money? Crowdfunding has been used to raise funds for just about every possible thing. We have seen projects for charity work, crises and life events. Other projects are focused on funding ideas, business start-ups, lauchpad projects ,real estate and investment opportunities. Both entrepreneurial and financing industries are very excited by all possibilities as we move into the future. Clearly we have only seen the beginning as it continues to evolve. Imagine almost anybody with basic individual needs for which who might need to raise funds for some specific use has now plenty of easy viable options to launch and fuel their dreams .These ever changing options are what I call Crowdfunding 2.0, which is already happening ; Starting or expanding a business Nurturing spiritual pursuits Creating projects to “Make a better world” Funding home improvements Funding college loans Funding a coming wedding Buying a new or used car Creating a retirement fund Paying off loans, bills, mortgage etc… Crowdfunding feeds our hunger to connect with others who share similar idea’s and concerns. It is the launchpad for ideas to take flight . “Crowd Funding is the next big Trend.” Currently it is said that there are over 500 websites on which all individuals, groups, non-profits and companies may present what is commonly known as a project.