Crowd Funding Tips You Can Really Use

I am considering using a crowdfunding platform but I’m not sure how. Robin Rivera is offering tons of tips for writers regarding some of the popular crowd funding platforms and whether or not it’s right for you. http://www.gettyimages.com/detail/166913138

6 Tips for Author Crowdfunding

CC BY-NC-ND 2.0 Lulupinney As we head into Week three of 2015, I’ve seen many writers talking about their yearly goals and most have included a publishing benchmark on the list. Some are looking to become the next big Indie success story and chasing that publishing dream may require more money than these writers initially expected. Believe it or not, there is a cost to self-publishing. In a tight marketplace, it often takes a successful looking product to be a successful product. That means new authors may need to cover the costs of editing, buying an ISBN number, acquiring cover images, hiring someone to design and layout the cover. And lastly, one really should have the EPUB professionally formatted, an expense too many new writers try to
skip with mixed results. And that is not addressing the costs associated with print books, especially those with lots of color images. Even if the author manages the production expenses, they will still need money for marketing to sell at books. So where will all that money come from? Well, many authors are turning to Kickstarter, Pubslush, IndieGoGo or one of the other crowdfunding facilitators to pay for it all. If you don’t know what crowdfunding is you can learn more here. In short it’s a way for anyone to raise capital through organized social media campaigns. READ MORE HERE!

Kickstarter: A Good Tool For Writers?

kickstarter logo

kickstarter logo (Photo credit: AslanMedia)

I was approached by a family member who thought I might be interested in Kickstarter.  If you’ve never heard of this project, they basically give authors, film makers,  entrepreneurs and anyone else who has an idea or dream, an opportunity to promote their project and ask for money to fund it. It’s an excellent idea and provides lots of support for anyone who would like to generate a following  which encompasses not only financial support but just support in regards to like minded individuals who may share the same idea.

Over at Litreactor, lots of reasons why Kickstarter can be good for writers. They’ve listed prime examples of how it could be a benefit and also a few that show why it may not work for everyone. If you have had an experience with Kickstarter or are considering it, I would love to hear all about it.

Is Kickstarter A Viable Tool For Writers?

It used to be that if you wanted to record an album or write a book, you had to beg your parents for money or get a job flipping burgers, just to keep the lights on and the booze flowing while you toiled at your art.

That paradigm has shifted, thanks to crowdfunding websites like Kickstarter, where you can post a work-in-progress, request funding by enticing people with exclusives and rewards, and ultimately fund your dream without the indignity of filing out an application at the local Starbucks.

It’s like a public endowment for the arts. It democratizes the process; the people choose what they want to hear or see or read. Sounds cool, right?

But the site and the process aren’t without criticisms. Some people regard it as little more than digital panhandling, and Kickstarter has been accused of not policing its own back yard; allowing projects that never come to fruition, and not protecting customers when money disappears.

Quick aside: Last night, on my commute home, I sat on the subway next a couple in their mid-30s. The guy was telling the girl about Kickstarter, and said they should figure out some way to get people to give them $10,000. Read more here.