Learning about Crowdfunding

Standard

Well, one of the year-long tasks on WordPress is to start a Crowd Funding Project. Granted it’s not an assignment that is due for another couple of tasks but i jumped ahead and did it anyway.
I Picked http://www.gofundme.com to start out. It looked easy, user friendly and seemed one of the most popular so off i went!

One of things i did not like about it was that they did not use PayPal. They use a service call “WePay”. I guess it’s different but hey, it’s 2014, time to be different.

I decided to Crowd Fund a project i am really interested and passionate in.
It an Auto Reclamation business.
I don’t know if any of you remember but last year around this time, Steve wanted to Buy a Miata, take out the necessary parts for his Miata to restore and upgrade and part out and list the rest of the parts on my eBay account.

I was a bit skeptical about this and thought about it for a while, but i figured if it did not work, i could pull the plug on it at any time.
The VERY FIRST DAY he had sales on the parts!
And the next and the next. I was shockingly surprised. Most of the car went in no time at all.

I was quite pleased on the success of that and when all was done i had asked him “Well, wanna try that again?” He was up for the challenge.
He acquired a late model BMW locally, brought it in and the results were the same. Out the door the parts went with minimal difficulty.
Shortly after that we came into a Jet Ski that was externally ruined and they just wanted the Jet Ski gone. The Hull was destroyed. We were at zero for the cost so we broke the Jet Ski down and once we got inside of it, the internal parts were in pristine condition for it’s age as the internal compartment is almost all sealed. We wound up getting over $1300 in usable parts!
So after pondering it and laying out the logistics of it, finance spreadsheets, Power Point presentations and methodology, we decided to do a spin-off and set up a company just for doing this.

Here is a link for the Crowd Source:
http://www.gofundme.com/67qkrk

So now i have killed two birds with one stone.
I Crowd Sourced a company i am passionate in AND completed another WordPress assignment. =)

[i am suppose to take a photo of what ever i am writing about. I punked out and took a photo of what i was writing about. =) Also, i think i made word count this time! YAY!]

P.S. I don’t know what the HTML crap is that has recently formed on my blogs, apologies in advance.

 For WordPress

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s