eBook Literary and Media

Self publishing. Done right.

Crowdfunding for Self-Publishing Authors

“How does crowdfunding work for self-publishing authors?

Crowdfunding is a simple concept: You:

  • decide how much money you need
  • pick a deadline by which you want to meet that goal
  • offer a selection of rewards at different prices and backers pick the one they like.
For sites like Kickstarter, if you gather enough pledges to reach your goal by the deadline then your supporters pay up, you get the money and the project goes ahead. If you don’t, no one pays a thing and you go back to the drawing board.”

- Steven Lewis | Taleist.com | 2/21/12

Read the full article here for more depth on:

- Other kinds of crowdfunding structures

- Making a successful crowdfunding pitch

- Why the rewards have to go both ways

and much more!

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This entry was posted on May 14, 2012 by and tagged , , , , , , .

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