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Showing posts from May, 2013

African American buying power

" African American buying power will increase 73 percent between 2000 and 2012, which not only overtakes the 60 percent increase in Caucasian buying power, but also the 67 percent rise in total buying power of all races combined. Two factors contributing to the gains include a 61 percent increase in black-owned businesses in the five-year period between 2002 and 2007 and 84 percent of blacks over 25 years of age completing high school or college – a sharp increase from 66 percent in 1990."  Related articles The Color of Money African Americans face financial challenges New Prudential study shows African Americans' wealth building weakened by competing financial priori In Colorado, Blacks Make Up 4 Percent Of The Population And 100 Percent Of Death Row

Martin Luther King on Crowdfunding

Martin Luther King Memorial, Washington, DC Photo by William Michael Cunningham Copyright, WMC, 2012. "Evil is not driven out, but crowded out...through the expulsive power  of something good. " MLK Related articles "I Am MLk" Poem Crowdfunding statistics & trends [infographic]

FREE Webinar on Crowdfunding!

Join Us for a FREE Webinar on Crowdfunding! May 7 at 10 AM PT/ 1 PM ET http://greenforall.org/programs/business-engagement-strategies/crowdfunding-101/ Related articles What to do after you've launched your crowdfunding campaign Champions of Change: Crowdfunding Entrepreneurs New Crowdfunding Site Supports Black Entrepreneurs 7 Strategies For Launching A Successful Crowdfunding Campaign Upstart, A Site For Crowdfunding People, Raises $5.9M From First Round, Eric Schmidt, And Others | TechCrunch Crowdfunding websites raise $2.7 bln in 2012

U.S. Crowdfunding Market Size Estimate: $3.9 billion

The University of California, Berkeley's Fung Institute for Engineering Leadership has conservatively estimated the size of the equity and debt based crowdfunding market to be at least $3.98B.  Professor Lee Fleming, Faculty Director of the Fung Institute, Academic Director of the Program and contributing author said, “While estimating the size of the future and currently non-existent market is a hazardous endeavor at best, we have presented a set of data, assumptions, and estimations that may prove useful. From the lenses of Angels, VCs and Small business lending we believe a market as large as $3.98B per year could rapidly evolve.” “While Venture Capitalist Fred Wilson added credibility to the concept of crowdfund investing by predicting crowdfund investing could amount to a $300B market, we believe that the market size may be much small yet equally impactful” said   Sherwood Neiss , co-founder of the Program for Innovation in Entrepreneurial and Social Finance and co-au

Conference Call : How to participate in a crowdfunding campaign - June 1 at 2pm EST

This free telephone conference call will describe why and how one participates in a crowdfunding campaign.  We will discuss a specific campaign, currently seeking donations on Blackcrowdfunding.net, the Charles Junction Community Gardens :  "Charles Garden is a 501(c)(3) social service and job building program for chronically unemployed and hungry families. Charles Garden trains and equips people within the community to grow whole fresh foods for themselves and to sell their home grown produce for economic empowerment. Funding will be used to train the unemployed to grow and produce whole foods for themselves and their families. Contributions are tax deductible."  Dorothy Pitman Hughes , the creator of this crowdfunding campaign, will be on the call to answer questions. Ms. Hughes was a co-founder (with Gloria Steinem, left) of Ms. Magazine. We will also discuss how to make a contribution on Blackcrowdfunding.net .  To participate, call  1-626-677-3000 A

What to do after you've launched your crowdfunding campaign

From Indiegogo: "Congratulations on launching your campaign!  Now it's time to start raising money! Start sharing your campaign Tell people that your campaign has launched...  Reach out to your closest friends and family to ask for their support. Aim to raise 25% of funds from this inner circle. This will help your campaign reach a tipping point. Increase your (campaign activity) and get featured The most active campaigns are featured on our homepage, newsletter and blog. Campaign activity is measured by...several metrics, such as funds raised, comments, updates, campaign media, referrals, and more. Keep your audience updated It takes 7 contacts with someone before they will take action. Don't be afraid to keep reaching out to your community to ask for their support. Post Updates throughout your campaign to increase your funding.  Campaigns that post Updates every 1 – 5 days raise twice as much money as those that don't ." All good ideas...

Helping Our Young Black Men by Giving Real-life Examples

What is the project about? My website will help single mom's and frustrated single dads with their out-of-control young boys.  Although we will help any single parent of any race we are targeting African American boys and young men. We will allow them access to Recorded and Live webinars featuring African American mentors from all walks of live.  Such as: police officers, Pastors, business owners, teachers, principals, mechanics, etc. There will be time for questions and answers, action plans for success and much more. We will also make ourselves available for phone or online one-on-one talk sessions to allow them to express themselves and have someone who cares listen. How will we use the funds? I will use 100% of the funds to expand the website and market to single parents online and newsprint. Why am I doing this? Because I work in our community and I understand that we are all good inside but some of us are misguided.  I've hired several people for my company that h