From Concept to Cash in 365 Days

first_imgbrandon mendelson 1 I had hoped that by 25, I would have been living in LA, dating actresses, and getting bit parts in bad movies as “the ugly guy”… you know, in the event that the studio wanted a Steve Buscemi-type, but not the Steve Buscemi.Instead, I’m 26, broke, and trapped in Glens Falls, New York. I vent my frustrations by writing comedy pieces for the Huffington Post, I run a blog about social publishing, and, for some odd reason, I’m more popular than Serena Williams, Newt Gingrich, and Stephen Colbert … on Twitter. Sadly, this doesn’t help my chances with Serena or make me any money.I’d like to change that this year.The Two Traditional Funding OptionsI’m not big on corporate sponsorship. I’ll work with a company if it makes sense, but I’m burned out from so many years of chasing sponsorships. Sponsorship is a game for the well-networked or those whose presence is so big that they can’t be ignored.Nor do I want to deal with investors. I could write a business plan, take it to some venture capitalists, and pull in the money, but at what cost? The last thing I want is a group of MBAs watering my project down to please shareholders.The Third Way I started researching crowdfunding as an alternative. I came up with the unusually bright idea of selling advertising space on the back of 300,000 business cards. $1 gets someone an advertisement on one card, and they buy as many as they want. The incentive is that the cards are being used to set a Guinness World Record for “tallest wall made out of business cards,” which makes them desirable and a collectible piece of advertising after the record is set.A Million High Fives (or #AMHF) is the project I’m attempting to crowdfund and form a new business around. Although #AMHF is supposed to accomplish many things, I also want it to make crowdfunding a cool thing to do. If I can do it, you can do it. And if we can do it, then who needs sponsorship or venture capital?I’ll be documenting the crowdfunding of A Million High Fives and my new business from concept to cash exclusively here on ReadWriteStart. I have no connections, no money, and no resources — just a big idea and a platform here on ReadWriteWeb. If I fail, you’ll see every step of the fall. If I succeed, we’ll have plenty to learn along the way. Not to mention, we’ll be setting a Guinness World Record together. How cool is that? Why Tech Companies Need Simpler Terms of Servic… Tags:#365 Days#start A Web Developer’s New Best Friend is the AI Wai…center_img Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Market Related Posts last_img

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