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Crowdfunding in
27 Easy Steps
HELLO
I’m Jordan Weisman
CEO Harebrained Schemes
www.harebrained-schemes.com
@webeharebrained
Vision, Clarity, & Confidence
Don’t shoot for the stars if you’re only trying
to get over the hedge.
Vision, Clarity, and Confidence
✘ INSPIRE the audience with your VISION
✘ ILLUSTRATE your VISION with CLARITY
✘ BUILD CONFIDENCE that you can realize your Vision
Know What You’re Building
Don’t go into this half-cocked.
+ =
Know What You’re Building
✘ Research
✗ Have you done this before?
✗ Have you researched others who have?
✘ Budget Development Carefully
✗ No going back to “the well”
✗ Your reputation is on the line
✘ Budget Publishing Carefully
✗ Marketing & PR
✗ Distribution Costs
People will only “invest”
in your vision
AFTER YOU
have invested in it.
Campaign Planning
Study those that have gone before
+ =+
Campaign Planning
Research Similar Crowdfunding Projects
✘ What funding ranges worked?
✘ What reward prices worked?
✗ Graph the revenue per price point
✘ What reward items / content worked?
✘ What social missions worked?
✘ What social rewards worked?
Campaign Planning
Understanding Cost Of Goods
✘ Digital Distribution
✗ PC - Costs of fulfilment
✗ Mobile - Watch out for iOS costs
✘ Design and Sourcing
✗ Everything you do takes time away from your Game
✘ COG Challenges
✗ Low volume manufacturing = high unit costs
✗ More reward items = lower production per item
Three Horsemen of the
Crowdfunding Apocalypse
Picking, Packing, & Shipping
The Pitch
KISS
Keep Is Simple (or you're the one that is) Stupid
+ =
The Pitch
Vision, Clarity, & Confidence
✘ Hierarchy of Information
✗ Video
✗ Graphics
✗ Text
✗ FAQ
✘ Video should be Professional but PERSONAL
✗ Don’t overproduce it.
The Arc of a Campaign
This isn’t a sprint - it’s a Marathon
+ =
First 48
Hours
Last 48
Hours
26 days of hell33%
47%
20%
The First 48 Hours
You Must Open with a BANG
✘ You need to BUILD an audience BEFORE launching
✗ Go live where they live - they need to know you
✗ Share with them your vision beforehand
✗ Get them psyched to be there on day one
✘ You need to MARKET your Crowdfunding
✗ Use Social Media Missions to spread the word
✗ Network with other Crowdfunders, Press, & Platforms
The 26 Days of Hell
Keep the Energy UP
✘ Connect with the audience
✗ Answer questions - promptly
✗ Say thank you - personally
✗ Participate in the dialog - constantly
✘ Schedule exciting new updates - Regularly
✘ Create activities to keep the audience engaged
The Fourth
Horsemen of the
Crowdfunding
Apocalypse
STRETCH GOALS
The Last 48 Hours
Amp UP the Energy
✘ Kickstarter’s 48 Hour Email
✘ Hold something EXCITING to be revealed
✘ Now it's a SPRINT - go to FULL COURT PRESS
The Costs of Crowdfunding
There is no such thing as FREE MONEY
+ =
The Costs of Crowdfunding
✘ Platform & Credit Card = 10%
✘ COGs & The Three Horsemen = 15 to 20%
✘ Community Management
✗ During Campaign
✗ During Development
✘ Taxes
✘ Early adopters Already Bought
THANKS
Jordan Weisman
CEO Harebrained Schemes
www.harebrained-schemes.com
@webeharebrained

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Crowdfunding in 27 Easy Steps

  • 2. HELLO I’m Jordan Weisman CEO Harebrained Schemes www.harebrained-schemes.com @webeharebrained
  • 3. Vision, Clarity, & Confidence Don’t shoot for the stars if you’re only trying to get over the hedge.
  • 4. Vision, Clarity, and Confidence ✘ INSPIRE the audience with your VISION ✘ ILLUSTRATE your VISION with CLARITY ✘ BUILD CONFIDENCE that you can realize your Vision
  • 5. Know What You’re Building Don’t go into this half-cocked. + =
  • 6. Know What You’re Building ✘ Research ✗ Have you done this before? ✗ Have you researched others who have? ✘ Budget Development Carefully ✗ No going back to “the well” ✗ Your reputation is on the line ✘ Budget Publishing Carefully ✗ Marketing & PR ✗ Distribution Costs
  • 7. People will only “invest” in your vision AFTER YOU have invested in it.
  • 8. Campaign Planning Study those that have gone before + =+
  • 9. Campaign Planning Research Similar Crowdfunding Projects ✘ What funding ranges worked? ✘ What reward prices worked? ✗ Graph the revenue per price point ✘ What reward items / content worked? ✘ What social missions worked? ✘ What social rewards worked?
  • 10. Campaign Planning Understanding Cost Of Goods ✘ Digital Distribution ✗ PC - Costs of fulfilment ✗ Mobile - Watch out for iOS costs ✘ Design and Sourcing ✗ Everything you do takes time away from your Game ✘ COG Challenges ✗ Low volume manufacturing = high unit costs ✗ More reward items = lower production per item
  • 11. Three Horsemen of the Crowdfunding Apocalypse Picking, Packing, & Shipping
  • 12. The Pitch KISS Keep Is Simple (or you're the one that is) Stupid + =
  • 13. The Pitch Vision, Clarity, & Confidence ✘ Hierarchy of Information ✗ Video ✗ Graphics ✗ Text ✗ FAQ ✘ Video should be Professional but PERSONAL ✗ Don’t overproduce it.
  • 14. The Arc of a Campaign This isn’t a sprint - it’s a Marathon + =
  • 15. First 48 Hours Last 48 Hours 26 days of hell33% 47% 20%
  • 16. The First 48 Hours You Must Open with a BANG ✘ You need to BUILD an audience BEFORE launching ✗ Go live where they live - they need to know you ✗ Share with them your vision beforehand ✗ Get them psyched to be there on day one ✘ You need to MARKET your Crowdfunding ✗ Use Social Media Missions to spread the word ✗ Network with other Crowdfunders, Press, & Platforms
  • 17. The 26 Days of Hell Keep the Energy UP ✘ Connect with the audience ✗ Answer questions - promptly ✗ Say thank you - personally ✗ Participate in the dialog - constantly ✘ Schedule exciting new updates - Regularly ✘ Create activities to keep the audience engaged
  • 18. The Fourth Horsemen of the Crowdfunding Apocalypse STRETCH GOALS
  • 19. The Last 48 Hours Amp UP the Energy ✘ Kickstarter’s 48 Hour Email ✘ Hold something EXCITING to be revealed ✘ Now it's a SPRINT - go to FULL COURT PRESS
  • 20. The Costs of Crowdfunding There is no such thing as FREE MONEY + =
  • 21. The Costs of Crowdfunding ✘ Platform & Credit Card = 10% ✘ COGs & The Three Horsemen = 15 to 20% ✘ Community Management ✗ During Campaign ✗ During Development ✘ Taxes ✘ Early adopters Already Bought
  • 22. THANKS Jordan Weisman CEO Harebrained Schemes www.harebrained-schemes.com @webeharebrained