crowd funding

What is Patreon?

Patreon

Episode 1376

Richard from Elk Grove, CA

Richard wants to know about Patreon. Leo says that Patreon is a great site for raising money for podcasting, video web series, and all other kinds of media content that viewers are willing to support. It's optional for the consumers, and Patreon takes a cut of the donations.

The challenge is that it's easy to overestimate the incoming amount of donations of supporters, as they are always canceling and re-upping. So if Richard is thinking of using Patreon, he should be very realistic about how much he can make with it.

Is GoFundMe good for raising money?

Episode 1306

Kevin from Los Angeles, CA

Kevin is going to be studying film abroad for his senior year in college. He needs to raise funds to travel to Great Britain for school. He's thinking of starting a GoFundMe campaign and using crowdfunding to do it. Leo says why not? Surely there are people who would chip in to get Kevin there. He shouldn't expect strangers to chip in, but friends and family, and maybe friends of friends would do it. GoFundMe will take a piece of the pie though, so he should factor that in on his goal.

How can I direct people to my crowdfunding campaign?

Episode 1222

Joe from Gardena, CA

Joe created a site called NoParkTicket.com, where you put your information in about street sweeping or other parking related restrictions. That goes into a database, and then people can get that information when they're looking to park somewhere. He found crowdfunding campaign sites like Kickstarter, IndieGoGo, and GoFundMe, and he's wondering how he can get people to go to that.