How is The Crowdfunding Factory different from your other program, Factory45?
The Crowdfunding Factory is a self-study program that teaches you how to raise money for your fashion brand with a fully-funded Kickstarter campaign – all of the details about what’s included in the curriculum are here and enrollment is open now. The tuition is $497.
Factory45 is a six-month online accelerator program that takes sustainable apparel companies from idea to launch — including sourcing, manufacturing, marketing, selling and crowdfunding — all of the details are here and applications open May 15th. The program also includes daily office hours with 1-on-1 support and bi-weekly group calls. The tuition is $2997.
If you plan to join Factory45 in May, then The Crowdfunding Factory is a great first step while you wait. Plus, you’ll receive $500 off your Factory45 tuition, which is one month free.
Should I enroll in this program if I want to join Factory45 in the spring?
Yes. This is a great first step to take while you’re waiting for applications to open to Factory45 in May.
Much of the marketing strategy that I teach in The Crowdfunding Factory requires you to start well in advance of when you plan to launch. It’s never too soon and my advice is always to start before you’re ready.
In other words, if your end goal is to launch your fashion startup with a Kickstarter campaign, you’ll want to start building your audience, finding your target customer and testing the market, before you even begin sourcing and manufacturing. The Crowdfunding Factory will help you get clear on how to do that.
If you do choose to enroll in this course and then you join Factory45 in the spring, you’ll receive a $500 discount (one month free) on the tuition of Factory45.
What is crowdfunding?
In the case of a fashion Kickstarter campaign, crowdfunding is *not* charity or donation based. The method that I teach is pre-selling your apparel product or the garments in your collection to fund your production run.
Your customers are essentially financing your production for you. So before you have any inventory, you have money to pay for it. You’re able to test the market without producing a bunch of clothing that you don’t know you’ll be able to sell.
It’s a win-win-win.
Is The Crowdfunding Factory exclusive to entrepreneurs in the U.S. and Canada?
This program is open to anyone. You can live anywhere in the world, as long as you have an internet connection : )
We don’t have Kickstarter in my country. Can this program work for other crowdfunding platforms, like Indiegogo?
Yes! While Kickstarter is the most well known crowdfunding platform, the strategies I teach in this course can be applied to any crowdfunding campaign.
Can this course work for other products that aren’t fashion related?
The short answer is, yes. The Crowdfunding Factory can be applied to any sewn product but the strategy will also work for any product, in general.
While the examples I use throughout the course are fashion related, the method behind running a successful Kickstarter campaign is universal.
No matter what type of physical product you’re creating, the course will be helpful to you.