Crowd Funding New Ideas


In recent years, receiving a small business loan from a financial institution has become difficult to obtain. Tighter lending standards, additional asset qualifications, and tougher scrutiny over business plans have cause some to seek alternative options. One of those options is to seek financial help from the potential audience of the project.

To help get the funding he needed to transform a product idea into reality, a high school student in Utah enlisted the aid of With the help of generous donors, he was able to produce his outdoor game made with wooden blocks. More than 300 games have been sold to date, and his shipping provider of choice is the U.S. Postal Service using Priority Mail Large Flat Rate Boxes.

When traditional funding sources aren’t within reach, a well-crafted pitch to potential backers on a crowd funding website could generate the needed resources to turn a dream into a reality.

What are some of your experiences with crowd funding projects?

Comments are closed.
  • Hello, I'm Benny the Blogger: I'm the world's most famous postal employee. My hobbies are snappy quotes, kite flying and publishing. I was born Jan. 17, 1706, but don't call me old.

  • Subscribe to Your Postal Blog today and join in on the discussion.

  • Click on the earphones above to listen to the latest edition of Your Postal Podcast.

  • Click on the image above to download the latest edition of the USA Philatelic Catalog

  • Want to take Your Postal Blog with you on the go? Click the QR code below and go mobile.

  • Advertisements
%d bloggers like this: