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Reply to "Kickstarter/Crowdfunding to help finance a new business, What say ye?"
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[quote=Anonymous]I am looking to start a brick and mortar apparel business in DC (H Street corridor.) There will, of course be an internet presence as well. I've been crunching the financials and need between 330K-400K more beyond what I and my parents will personally invest. I'm not sure I want to be beholdin' to a bank for the whole amount...to be honest I'd like to leave those money sucking leeches out of the picture. My friends are tapped out pretty much, but maybe another 15K from them. When I become profitable, I want to invest a portion of my proceeds in the local schools, maybe support a reduced cost clinic as well. Of course, in a perfect world I'd have two million on hand and could get cash discounts from my vendors. Life..... I've been toying with going the crowdfunding route? What sites do y'all think would work? And why? Should I shoot for the whole amount or go lower? Please feel free to chime in..... [/quote]
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