Posted on June - 23 - 2011

Crowdfunding: Taking Money From Strangers

Lets say youve got a brilliant business idea but the bank doesnt agree with you. (Or you lack the collateral.) And your family and friends are all tapped out. Does that mean that you should give up and get back to your cubicle?

Thankfully, no. There are plenty of online resources for crowd funding; getting lots of little payments from your community, friends, colleagues and even strangers who like your idea.

In a recent segment I taped for 207, we looked at a number of sites like KickStarter, ProFounder and Quirky where creatives and entrepreneurs could turn to for seed money for their business ideas, music CDs, causes and more.

You can watch the segment below or over at the 207 website. Enjoy!

Rich Brooks I Crowd Sourced My Hair Cut

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