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Paid Mentorship Management Consulting Fees Can Help Fund College University Incubator and Accelerator Programs

14 Mar

Allowing Mentors to Earn Revenue while Colleges/Universities Collect a Commission for Facilitating the Knowledge Transfer is Great Way to Bring Leading Expertise to Remote Areas

By Robert Hoskins

Paid Mentor Management Consulting Fees

Another option for schools to generate funding is to create a management consulting practice in tandem with college and university incubators and accelerators. Many sources of mentorship can be attracted by allowing the subject matter experts to generate revenue by providing mentoring services for a consulting fee. 

Incubators/accelerators could take a 15% commission out of the consulting fee to add monthly recurring revenue to their incubator and accelerator programs. Payments for services can be paid in cash and/or might include an option to purchase equity shares in the first class of equity shares being offered during the seed fundraising round.

Using this strategy, schools with video conferencing capabilities can tap into talent on a worldwide basis. Using teleconferencing and distance learning applications schools can access the world’s leading entrepreneurs, venture capitalists, and private equity investors, even in remote locations.

A single community college might not able to afford a speaking engagement with Guy Kawasaki, Elon Musk or Richard Branson, but working with numerous community colleges in any given state they could launch a rewards-based crowdfunding campaign to solicit enough cash to pay for an event that could be broadcast to a network of participating schools.  These single session tutorials, mentoring sessions or consulting engagements could be setup in a very similar manner to the very popular TedX talks.

Other sources of revenue can be earned by hosting conferences, trade shows, pitching competitions and/or training classes.

Learn more about crowdfunding:

 

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National Radio Talk Show Invites Crowdfunding Pitches for the “Good Day Crowdfunding Show”

27 Mar

By Robert Hoskins

The Good Day Crowdfunding Show brings the buzz of a broadcast radio reality series and pits crowdfunders in a contest judged by crowdfunding industry thought leaders.  Entrepreneurs and businesses interested in raising capital, social lending and fundraising websites for their products, charity projects and creative ideas are invited to “pitch the experts” on the first crowdfunding radio reality series.

Doug Stephan's Good Day Crowdfunding Radio Talk Show

Doug Stephan’s Good Day Crowdfunding Radio Talk Show

Good Day Crowdfunding has launched its own pre-launch to build community where crowdfunders can engage. Inside the community is a unique incubator project, Startup America Crowdfundingwhere participants are guided from start to finish through successful money-raising campaigns.

As part of the project, creators of the best ideas will get a shot on the Good Day Crowdfunding Show, to pitch their idea to millions in a fast-paced reality format. The incentive is simple: The better the idea, the more promotion and airtime to over 3MM daily listeners across the U.S. and online.

Doug Stephan ‘s Good Day Show shifts into high gear in its 25th year of production, now adding the crowdfunding segment. Mike Hayes , current host of StartUp America News and an expert in entrepreneurship, working with thousands of entrepreneurs, has created the crowdfunding incubator and will serve as co-host. Hayes has more than 25 years in the media marketing industry.

“This new reality-based radio program,” says Mike Hayes , “is the American Idol of Crowdfunding. Our intention is to help boost the impact of crowdfunding on America’s economy by creating and supporting crowdfunding success stories across any available platform. We want to enable anyone, anywhere to follow, and fund their dream projects.”

Doug Stephan shares, “The Good Day Crowdfunding team is led by broadcaster Mike Hayes and a great team of hand-picked crowdfunding experts. The fusion of radio and an online community with crowdfunding, is an exciting vehicle, both for entrepreneurs launching new ideas, as well as listeners who are likely supporters. I can’t wait to kick off Good Day Crowdfunding on the air for an entertaining and informative way to cover the best and most important stories about crowdfunding each day.”

Additional team members include:

  • PR expert Ronjini Mukopadhyay, who has been central to several highly successful crowdfunding campaigns including StickNFind.
  • Entrepreneur Danny Kastner , who was a contestant on The Apprentice and has developed Crowdjammer, a crowdfunding community solution designed to drive campaign backers to any crowdfunding project
  • Social Impact Marketer Robin Eschler, host of Socially Conscious Investing online radio and pro in social lending, impact investing and online marketing.

Crowdfunding projects recently gained attention with the Jumpstart Our Business Startups (JOBS) Act signed by President Obama with bipartisan support on April 5, 2012. Hundreds of crowdfunding websites have appeared since then and, according to Forbes growing from $1.5 billion to $3 billion in 2013, supporting businesses, growing companies and nonprofit causes. Crowdfunding has focused on bringing together volumes of people to contribute to projects, causes and even personal needs.

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