Mindblower.com Disrupts the Crowdfunding World with Zero-Risk Crowdfunding Platform

Now anyone can crowdfund their business ideas and make money with no risk while crowdfunding backers get the perk they paid for — or their money back

By Robert Hoskins, Crowdfunding PR

London, UK – Since the dawn of crowdfunding there has been a struggle for inventors and dreamers to come up with the right crowdfunding success formula to hit their funding goal and turn their vision into a delivered product. Risking their money on developing a prototype, shooting the project video, marketing and public relations and all of the other expenses and effort necessary to launch a crowdfunding campaign — if they even get that far – comes with no assurances of success.

MindBlower.com Disrupts the Crowdfunding World with New Zero-Risk Crowdfunding Platform

Crowdfunding backers have their own risks to worry about. Projects like the Coolest Cooler, the Laser Razor, the Zano drone, Dragonfly Futurefon and so many other campaigns that promised incredible things failed to deliver on time — if at all — leaving backers high and dry. Years on, thousands of people have yet to receive the product they paid for or their money back.

There’s no question that crowdfunding has been a risky business for all concerned… until now.

That’s because MindBlower.com takes all of the risk out of crowdfunding for the backer and the would-be business person by assuming all of the responsibility in handling all of the details of production and fulfillment.

Ideas submitted to MindBlower by inventors undergo a double screening process and the best ideas are selected based on feasibility to produce, market viability and other key factors.

Ideas accepted by MindBlower are turned into crowdfunding campaigns on the MindBlower platform. Once the product reaches its crowdfunding goal, the MindBlower team is in charge of production and fulfillment, the single biggest point of failure for crowdfunding campaigns after they reach their goal.

The inventor receives a royalty on every product sold and the backer enjoys the peace of mind of a money back guarantee if they don’t receive the perk they purchased.

At the end of the day, inventors and backers have ZERO financial risk and inventors don’t have to exhaust their own resources in developing their ideas.

As they are fond of saying “It’s how crowdfunding was meant to be: A seamless, transparent and extremely efficient process that enables dreamers to bring great ideas to life with the help of the community.”

Two campaigns are underway and are wildly successful in exceeding their crowdfunding goals with new campaigns lined up to launch within the next 30-45 days.

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Robert Hoskins
(512) 627-6622
@Crowdfunding_PR

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Mr. Robert Hoskins is a seasoned marketing veteran with a proven track record of helping entrepreneurs, startups, small businesses as well as Fortune 500 corporations launch successful marketing communications campaigns to gain market traction for a wide variety of products and services.

On a regular basis, Mr. Hoskins consults with crowdfunding campaign managers as well as crowdfunding sites, portals and platforms to deliver successful crowdfunding marketing campaigns.

Google search “Robert Hoskins Crowdfunding” to see why Mr. Hoskins runs one of the industry’s foremost crowdfunding PR, social media and marketing agencies that has amassed a huge social media following and is dedicated to supporting a wide variety of donation, rewards and equity crowdfunding campaigns.

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From Kitchen to Food Truck to Restaurant, Fundafeast.com Crowdfunding Site Helps Dreams Come True for Food and Drink Entrepreneurs

Fundafeast.com promises to support a wide variety of cookbooks, food trucks, restaurants and wineries to help fundraising efforts to launch a new food/drink service business

By Robert Hoskins

Based in New York City, NY, the new crowdfunding platform, Fundafeast.com, now makes it possible to fund anything from cookbooks full of great recipes to new food products all the way up to fine dining restaurant and wineries.  Crowdfunding can now be utilized to raise money for a wide variety of food and drink-related startups, new business ventures and existing restaurants that want to expand or franchise their operations with a little extra venture capital from hobby investors and micro venture capitalists.  But instead of giving up equity stakes in their companies, they simply trade great deals and VIP cards for startup cash.

Fundafeast New York, NY Crowdfunding Platform for Bars, Coffee Shops, Food Trucks, Franchises, Restaurants, and Wineries

“Fundafeast is designed for entrepreneurs who want to make a business out of their own food or drink ‘passion’ and need some help getting their venture started,” says Cheryl A. Clements, founder and CEO of fundafeast. “Sometimes all you need to pursue a great food business is a $500 investment, but there isn’t a bank in the world that’s going to help. I myself used GoFundMe to get fundafeast started.”

On fundafeast, entrepreneurs can post profiles of their business ideas and elicit contributions. The page provides details of the food + drink-related business, explains how the funds will be spent and keeps a running total of donations. Fundafeast collects a fee from entrepreneurs that represents only 4% of the money raised versus the 5% charged by most other crowdfunding platforms. Fundafeast doesn’t charge a penalty for clients who fall short of their goal, as some other sites do, such as a higher percentage rate or not allowing them to keep funding raised short of goal. Entrepreneurs are allowed to keep all funds raised.

Fundafeast hopes to help develop restaurants, wine bars, cookbooks, food products, food inspired art, innovative kitchen gadgets or other food and drink-related ventures and promote their passion for running food and drink-related establishments.

Fundafeast.com is a new rewards-based crowdfunding platform uniquely designed to help raise funds for entrepreneurs with a wide variety of food- or drink-related business ideas. Fundafeast.com, which went live on Feb. 1, 2014, and give entrepreneurs a crowdfunding profile page to describe their business idea in detail, set a fundraising goal and track contributions as they come in.

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New Restaurant and Food Truck Crowdfunding Platform Allows Anyone to Launch a Food Service Business

By Robert Hoskins

Foodstart.com opened its virtual fundraising doors for restaurants nationwide in the United States to provide a new finance to help restaurant and food truck owners can raise capital online in small increments from their extended community of friends, family, and future customers. Only instead of a cash return, backers receive perks and rewards like free dessert, discounts, and cooking workshops.

Restaurant and food truck owners now can raise capital online in small increments from their extended community of friends, family, and future customers.

Among its unique offerings: a$1,000 seed-match for businesses, physical cards for backers, and a free, social-media marketing program.  In other words, Foodstart.com enables debt-free financing while also creating a loyal customer base.

“We did a lot of research before starting,” Founder Alex Sheshunoff said.  “Turns out, when it comes to restaurants, many people want to feel like they are on the inside as much as they want a specific financial return. Which makes sense. If you give a friend $200 for his restaurant, you don’t want an 8% return on your money – that’s $16.  Instead, you want your name on a menu item and a behind-the-scene tour.”

Sheshunoff explained that he came up with the idea after being unable to invest in a friend’s new restaurant.  “My friend had a good concept and a great location. I wanted to give him $500, mostly so I could say I was an early backer.  He wanted to take it, but there was no mechanism for him to handle such a small amount. I figured we weren’t the only one with this problem – there are 22,000 independent restaurants started every year.”

Foodstart.com has been up in beta for just a few months, but already more than 30 restaurants and food trucks have signed on, perhaps enticed by its low 4% fee and lack of setup costs.  One was Wilson’s BBQ in Fairfield, Connecticut.  Proprietor Ed Wilson wanted to expand to a second location so turned to Foodstart. “After I posted my campaign,” Wilson explained, “Foodstart sent me some custom fliers.  Turns out, one of my customers is an investment banker, and it looks like we’re going to get all of our funding!”

Sheshunoff chose to focus restaurants and food trucks because of the emotional appeal they have for people.  “No one is really excited to invest $100 in a friend’s dental practice to get a free teeth cleaning.”  He admits that raising money from a broad group isn’t a new idea. “The Green Bay Packers first sold shares to the public in 1923.  Even though shareholders get only a certificate and a behind-the-scenes tour, they now have 360,000 shareholders  – and the most passionate fans in football.  We’re just applying the samBe concept to restaurants.”

Foodstart.com advisory board member, Steve Rockwell a restaurant industry consultant and former equity research analyst, said this kind of community-funding model will be a key part of restaurant finance in the future. And Rockwell should know.  He’s helped companies such as Ruby Tuesday, Outback Steakhouse, Papa John’s, and Jamba Juice raise over $1 billion in public and private equity. “Most independent restaurant owners have limited financing options.  A platform like Foodstart’s not only helps them raise capital, but almost as importantly, it creates a network of loyal customers.  And that’s something traditional sources of capital have a hard time doing.”

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