How to Raise Capital for Your Creative Ideas

In my last post “The power of your mind” you may recall I stated it doesn’t take money to make money. Following, I mentioned, it takes knowledge to make money.

I wrote that article to challenge your core believes about money. I also wrote that article in hopes you  keep an open mind when it comes to what you think money really is.

In this post you will learn why keeping an open mind is important. You will also learn the world you once knew has change, and so should you.

Now more than ever you have a chance to achieve your dreams want. All it takes is a determination, consistency and the right information to make things happen.

I say this to make a point because I come across to many people who say  you need good credit to start your own business or it’s who you know, not what you know that matters. Although both these opinions are true, they’re still emotion thinking not logical.

Today you don’t have to have good credit to raise money. You don’t even need rich friends or a bank to ask to borrow. All you need is a creative idea, passion, and to be generous to raise capital. You can do this using a website called Kickstarter.com. With kicker starter you could raise money for just about anything.

Kick starter was founded in April 2009 by Perry Chen, Charles Adler, and Yancey stickler. The site was created for people who needed funding for their creative ideas. Kick starter however has rules to what projects get funding. The website lets you post your project, place funding goal, and  keep 100% ownership of your project.

You may be wondering, wow that’s great! Now what is the catch. The catch is if you don’t work hard to reach your  fun goal and come a $1 short you lose the money and it’s sent back to its donors.

The other thing is that they will take 5%, and Amazon will take 3 to 5% since their both affiliated. This percentage withdrawal is only deducted if target goal is reached and money gets transferred.

The best part is you can surpass your original funding goal. Which means donors can fund you more money than you originally ask for.

The point is in the information age abundance is possible. Dreams can come true, and money flows to those with knowledge and creativity. This is  possible today because of technology. With technology you can  tap into vehicles with speed but first you must convert your mindset from industrial age thinking to informational age thinking.

As I said, the world has change. If you want to keep up it’s best you change your thinking.” Be mindful of your thoughts, friends and beliefs. If you can do that a world of possibilities will open to you.

Again don’t forget to sign-up for my weekly updates. Hope this post has been helpful for you. Take care.

 

 

 

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Manny

I'm Manny, I am a technical trader, and entrepreneur. I created this site as a guide to help others reach financial freedom. My goal is to inspire you to learn. It is also to inspire you to be the best you can be. Here we teach investment techniques to help leverage yourself. Welcome aboard.

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