They have their own opinions expressed by business partners.
Even Taylor had a business mindset at a very young age, buying candy at the store and selling it for a profit in school. At the age of 19, he founded a business that played his event planning powers and filled a niche in his community, EZ events.
When it was time to sell the business, Taylor learned an important lesson about value. About six months after the sale, it found that the company was recarded – this time in a high amount.
He says, “As a small business owner, it was a really valuable lesson for me, to understand its value, but also to continue to be innovative and curious.”
According to Taylor, being curious means researching his industry and discovering new ways of development, while innovation can help businesses better understand the value of their fields.
Related: He went to the CEO of the rapidly spreading sweetness by following this process
This mentality has guided Taylor throughout his career. Now he guides as CEO KickstarterWhere he is not only changing the way people think about crowded funding, but also to create new opportunities for small business owners and creations around the world.
According to Taylor, there are three forms of crowded funding: a donation -based (such as Gofundme), an equity -based (such as a wipender), and a reward -based model used by a kickstarter.
“Kickstarter is a prize -based crowded funding, or creative crowded funding,” he says. “We have people who are doing everything from film and theater to comedy, sports, fashion, tech products, to music. But you are not giving up any percentage of your company.”
Prize -based funding empowering founders empowers to maintain fully ownership, testing their views in the market and Building loyal communitiesAll of the equity, without leaving or borrowing.
Taylor says, “With a kickstarter, you own 100 % of your company.” This is an extraordinary amount. And you can collect incredible money on the platform-even more than you can get from venture capital. “
Related: ‘Creators have left so much money on the table’: Kickstarter’s CEO has revealed the story behind the company’s biggest changes in 15 years.
Kickstarter can be a game changer for small business owners with limited Access to capitalWhether the credit history lack or the limits of bank loans. Taylor himself has seen how small businesses use a platform to live, from a black -owned ice cream store in Virginia to Richmond, from the gallery -led gallery in Chicago.
Nevertheless, the kickstarter does not grow overnight. Taylor emphasized that a successful fundraising campaign needs more than a good idea. “Kickstarter is a business. At the end of the day, it doesn’t matter if you are creative, what your background is, you have to get a real strategy to go to the market.”
To simplify this process, Cook Starter recently launched tools that support creators directly, during and after their campaigns. From episode payment options to shipping, tax and adventure managers, the platform is no longer just a launchpad but a whole ecological system.
Taylor says, “With these post -campaign tools, we have allowed people to succeed throughout our journey.”
Related: She developed a dance studio she was looking for. Now, it is a nationwide brand.
These innovations are obtained by collecting feedback from fundraisers, consumers, backing and communities. For Taylor, the input of the kickstarter is essential. “Your skin should be hardened,” he says. “You need to embrace all the good and the bad and the evil that comes along this path. To me, I like the feedback because I am trying to become a better person every day.”
As far as he wishes more and more people understand the crowded funding, Taylor emphasized that this method of financing is not a charity. “It’s not begging for money,” he says. “You’re providing value in the world. You are bringing something new, which people want to help or keep for themselves.”
Related: She went to the teachers to owe business in the unexpected industry – and want others to do the same: ‘There is a lot of opportunity’.
From turning candy and party to a platform now plans to guide a platform that helps creators collect billions of financing, current and future businessmen’s advice is straightforward and powerful:
- Start with what you have. You do not need outside financing or fancy credentials to make meaningful. Use your abilities, Find your niche And take the first step.
- Keep your property. You do not need to give up the equity to grow. Crowd funding offers the same way for creators, provides a way to raise capital, maintain society and build community together.
- Know your value. Do not waste what you are making or at least. Whether it’s your first company or your tenth, rely on your vision and support it with strategy.
- Stay curious and qualified for education. Every blow, sale and Review is an opportunity to grow.
- Lead with effect. The business is not just about the product. It’s about people. When you create something that meets the real need, help will be followed.
See the new event, and subscribe to the Everat Taylor, and subscribe to Behind the review For more information from new business owners and reviewers every Wednesday.
Editorial contributions through Jiah Chu and Christie Lindhil