Kickstarter is one of the most reputable crowdfunding platforms at this point in time. It takes pride in more than 910 million dollars collected from generous backers and in 53,177 successful crowdfunding campaigns that offered clever entrepreneurs the chance to see their dreams come true.
However, this doesn’t mean that Kickstarter is not extremely selective when it comes to lending a helping hand to project developers looking for a safe, convenient financing method. Yes, Kickstarter can afford the luxury to reject candidates who do not comply with its set of guidelines.
In this context, one question still remains unanswered: is there life after a failed attempt to seek funding on Kickstarter? Of course there is! The developers of Lockitron have demonstrated that entrepreneurs, who are not discouraged by this first obstacle, can actually manage to put theory into practice, as long as they stay motivated.
Paul Gerhard and Cameron Robertson have found the key to crowdfunding success and they are kind enough to share it with other people, driven by similar ambitions. The idea developed by these two inventors, a door-locking system that can be controlled by users via their mobile devices, was rejected by Kickstarter.
Even so, the creative duo decided it wasn’t time to surrender; so Gerhard and Robertson designed and introduced their very own crowdfunding site: Selfstarter.us. The result was mind-blowing: they managed to raise $150,000 during the first 24 hours. Moreover, by the end of their campaign, they took pride in advance orders estimated at no less than $2.3 million.
Of course, any entrepreneur can choose to use widely available crowdfunding tools on their own website, so what’s so special about Selfsarter.us? This new platform minimizes risks that backers are often forced to take. Furthermore, it is an excellent starting point for those who want to develop an ad-hoc, customized crowdfunding webpage.
Reservations are collected by utilizing Amazon Payments. The whole process is simple and, most importantly, cost-efficient. This open source tool displays the highest level of flexibility, enabling developers to lift their project off the ground the easy way.
Since the end of 2012, six companies have rolled out successful Selfstarter campaigns. The developers of Scout, the residential security system, relied on this beneficial platform and managed to collect no less than $300,000 in advance orders. This proves, once again, that Kickstarter and Indiegogo aren’t the only options at hand when it comes to encouraging backers to pool resources. Selfstarter reduces risks for backers, allowing developers to decide how they want to raise the money: funds can be collected upfront, or the entrepreneurs can choose to ship the product first and take the money afterwards. This system enables the companies to highlight their transparency and create stronger relationships with their supporters.
Don’t know how to select the perfect crowdfunding platform for your next project? In this case, discuss your options with experts from L&C Media Buzz, your dependable crowdfunding promotion and consulting specialists.
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