Funding your ideas

Well,  all of us are passionate about our ideas and thoughts.  One of us could have the idea for the next face book or google.  But, how can we take our idea further into making a tangible product or prototype ?  Now comes lots of questions.

Is it just funding my idea ?  What about the skill set that i need to get it accomplished ?  What about infrastructure ?  Hmmmm as I start thinking the list grows.   As am passionate about my ideas,  I dont want to let them die just yet.

Here is what i will do.  Make a list of what it takes and put a price tag around it.  Now I know tentatively what i need and money i need to raise.  Get ready to market the idea.

Create a power point presentation  
1.  Why my idea ?
2.  What does it do ?
3.  Why should you buy it ?
4.  Does it solve world peace ?  I guess not.

Create a 3 minute video about your idea and include a proto type if there is one.  We have a way to showcase it to the rest of the world.


Crowd source the funding for your project.  Create different tiers of support for your sourcing.  No amount is small amount.  Do not think $1 is small.  Ocean was created with droplets of water.  Have a strategy for these tiers.  Here is a sample.

$1 Tier -   Will get a Thank You note
$5 Tier -   Will get your name as bronze sponsor on our site
$15 Tier - Will give you a T-Shirt with our logo
$25 Tier -  Will get the app this idea is all about for free without any ads along with support and free updates
$50 Tier  - You get the idea.

Go to http://www.kickstarter.com/  and create your kickstarter.


All the best.