AIPIS 59 - Crowdfunding with Kendall Almerico of ClickStartMe

Kendall Almerico is the CEO of ClickStartMe, a crowdfunding company, and is considered to be one of the top crowdfunding experts in today's industry. He is also a regular columnist for Entrepreneur.com about the subject of crowdfunding and is a well sought after sports agent as well. He appears on the AIPIS show today to explain a little bit more about what crowdfunding is and how you can benefit from it.

Key Takeaways:

3:00 – What is crowdfunding? Kendall explains it's like a church collection plate. Everybody chips in a dollar and by the end there's a couple of hundred dollars in that plate.

10:30 – Crowdfunding is going to change in a big way in January. People will be able to invest in a company in exchange for a company's equity and this big change is bringing up some concerns with venture capitalists.

15:10 – Will there be an upraise of fraud? Kendall says there are many safeguards and regulations to prevent this. He explains in this segment what some of those safeguards are to prevent fraud.

22:20 – Kendall talks a lot about some really cool and innovative campaigns that are on ClickStartMe right now.

27:00 – If you don't promote your own product yourself, you will not be able to meet your budget goal. It's all about networking.

32:25 – Gawker was the first company to start a crowdfunding campaign to buy information for a news story. Kendall believes that there's going to be more crowdfunded journalism pieces in the future.

36:40 – Be sure to do your homework, the more you prepare before launch, the easier it'll be to reach your goal.

Mentioned In This Episode:

www.clickstartme.com