34. CROWDFUNDING - Jack’s Digital Business Collection - Digital Business Ideas - Digital Entrepreneurship - Digital Entrepreneurial Ideas
In a world where entrepreneurship is thriving but access to capital is limited, crowdfunding has emerged as a powerful business model. No longer limited to raising money for emergencies or creative projects, crowdfunding has grown into a profitable business for consultants, campaign strategists, and platform creators. For widows, Digital Entrepreneurs and young people searching for independence, dignity, and impact, launching a crowdfunding support business is a smart and empowering move.
34.1. Benefits of the Business
1. Low Entry Barrier – You don’t need millions to start.
2. Global Reach – Access donors from around the world.
3. Scalable and Repeatable – One successful campaign can be a case study for others.
4. Flexible Work – You can work from home and in your own time.
5. High Impact – Helps individuals, NGOs, and start-ups meet real needs.
6. Skill-Based Growth – Improves digital, marketing, interpersonal and financial skills.
34.2. Budget
You can establish a crowdfunding consultancy or platform with little money. Basic tools and resources are usually inexpensive or free.
• Laptop: ₦300,000 ($200).
• Internet setup (modem + subscription) costs ₦50,000 ($33).
• Domain and website – ₦60,000 ($40)
• Branding and design – ₦40,000 ($26)
• Social media ads – ₦60,000 ($40)
- Training courses – ₦30,000 ($20)
Estimated Total: ₦500,000–₦600,000 ($330–$400)
34.3. Business potential
• Vast Global Demand – Non-profits, start-ups, students, medical emergencies.
• Expanding Digital Economy – More people are comfortable donating online.
• Repeat Clients - Customers will return for fresh campaigns or referrals.
• Diversified Revenue Streams - Consulting, campaign management, marketing.
- Cross-industry applications include technology, education, fashion, agriculture, and more.
34.4. Funding
- To launch a crowdfunding business:
• Personal Savings
• Micro loans or Small Business Loans
• Government grants for empowering youngsters, Digital Entrepreneurs and widows
• NGO and international foundations provide seed money.
- Launch your own mini-crowdfunding campaign to raise start-up funds.
34.5. How It Works
There are two approaches to running a crowdfunding business:
- As a Consultant/Manager, identify individuals or causes in need of funding.
- Assess the viability of the campaign.
• Develop a campaign plan, content, images, and storytelling.
• Host the campaign on platforms such as GoFundMe, Indiegogo, and Kickstarter.
• Drive traffic using social media and email marketing.
- Collect a portion of the total amount raised, an agreed fee, or both. You could also negotiate a bonus if you exceed expectations or targets.
B. Platform Creator: Create your own crowdfunding platform (web or app).
• Let users host their own campaigns.
• Take a platform charge (typically 3% to 8%) for each successful campaign.
- Provide promotional services to generate additional revenue.
34.6. Impact
- Enables local entrepreneurs to raise funding without borrowing.
- Allows widows and Digital Entrepreneurs to achieve self-sufficiency by sponsoring modest business projects.
- Supports humanitarian, educational, and medical campaigns.
- Increases communal awareness and fosters collective kindness.
- Grows the digital economy, particularly in underfunded areas.
- Adds value to society.
34.7. Key Industry Players
• Kickstarter focusses on creative projects.
• GoFundMe – Used for personal and social causes.
• Indiegogo - Tech and entrepreneurial projects.
• Kiva provides loans for small enterprises and individuals.
- Chuffed, GiveSendGo, and Fundly are niche platforms targeting specific audiences.
34.8. Marketing
• Authentic stories increase engagement.
• Visual Design - Use eye-catching images and videos.
• Social Proof – Show who has already supported.
• Email Campaigns – Regular updates to donors.
• Influencer Partnerships – Use micro-influencers to boost reach.
- SEO and Paid Ads – Optimise visibility on Google and social platforms.
Jack’s Basic Affiliate Marketing Course
34.9. Monetisation
• Service Fees – Charge 5%–10% of total funds raised.
• Monthly Packages – Offer tiered support (basic to premium).
• Workshops – Train others to run successful crowdfunding campaigns.
• Digital Products – Sell templates, toolkits, or success guides.
- Referral Commissions - Earn, from referring clients to other crowd funders.
- Collaborate with necessary others.
Business Collaboration With Jack Lookman
34.10. Potential Income
Income depends on how many clients you serve and how large the campaigns are:
• Managing 5 campaigns/month @ ₦1 million ($660). Each campaign = ₦200,000–₦500,000 ($165–$330) in monthly income.
• Workshops and training: ₦50,000–₦100,000/month ($33–$66)
- Platform fee model: ₦500,000–₦2 million/month ($330–$1,300) with scale.
Jack’s Undergraduate Empowerment
34.11. Requirements
• Laptop or smartphone
• Strong internet connection
• Digital marketing skills
• Storytelling and writing ability
• Social media management
• Basic design tools (Canva, InShot)
- Payment processing account (PayPal, Stripe, Flutterwave, etc.)
- Business registration
- Trustworthiness
Jack’s Life Lessons For Teenagers
34.12. Research and Development
• Study successful crowdfunding campaigns.
• Monitor industry trends and algorithm changes.
• Survey potential clients to understand needs.
• Test different platforms and compare success rates.
- Analyse competitor strategies for pricing and promotion.
34.13. Scaling
• Hire campaign managers or virtual assistants.
• Create templates and guidelines to reduce manual labour.
• Create your own platform or application.
• Partner with NGOs or schools to provide packages.
- Expand into multilingual or regional markets.
34.14. Business Milestones
• 0-3 months: Launch campaigns, test them, and learn about platforms.
• 3-6 months: Secure clients and develop case studies.
• 6-12 Months: Increase pricing, expand team, or automate.
- 1-2 years: Develop digital products and expand services.
34.15. SWOT Analysis
Strengths:
• Clients and donors can reach out from anywhere in the world.
• Low setup and operational costs.
- High emotional involvement.
Weaknesses:
• Viral reach is often a determining factor in success.
• Some locations have experienced donor fatigue.
- Building trust is essential when telling sensitive stories.
Opportunities:
• Collaborate with local non-profits, individuals and start-ups.
• Create regional crowdfunding platforms.
- Integrate AI to optimise campaigns.
Threats:
• Platform policies evolve.
• Economic downturns reduce donor willingness.
- Cybersecurity concerns for donation fraud.
- Data compromise and legalities, e.g. general data protection regulation
Jack’s Empowerment and Inspiration
34.16. Target Audience
• Widows and entrepreneurs starting micro-enterprises.
• Youths launching creative or tech start-ups.
• NGOs and faith-based groups needing operational funds.
• Medical patients and families in emergency need.
- Students needing tuition and academic grants.
34.17. Niche
• Faith-based crowdfunding
• Education support and scholarships
- Widows, widowers and single parents
- Orphans
• Start-ups in underserved regions
- Disaster relief and emergency medical support.
- Disadvantaged but promising youths.
Jack Lookman’s Empowerment and Inspiration
34.18. Training and Development
• Online Courses – Platforms like Coursera, Udemy on crowdfunding strategy.
• Podcasts/Webinars – Keep up with trends and real-life case studies.
• Local Workshops – Teach other potentials in your community.
• Certifications – Digital marketing, fundraising, and PR.
• Join Industry Groups – Learn and grow through global networks.
34.19. In conclusion
Crowdfunding is more than fundraising — it’s an ecosystem of creativity, compassion, and community. For widows and Digital Entrepreneurs seeking empowerment, or young people looking for opportunity, this business offers flexibility, financial potential, and a real sense of purpose.
Whether you're managing campaigns for others or building your own crowdfunding platform, the skills you gain and the impact you make are priceless. With consistence, the right story, and strategic marketing, you can turn this business into a global source of income, empowerment and inspiration.
Basic Affiliate Marketing Course
Useful Links:
Jaaloo Puzzles
Jack Lookman’s Social Media
Jack’s Curated Business Ideas - Over 120 Curated Business Ideas
Jack’s Mentoring 101
Juwon Ogungbe
Profit Sharing Formula App
Jack Lookman’s Social Media
Curated Business Ideas - Blog
Curated Business Ideas - Videos
Book A Chat With Jack Lookman
Business Collaboration With Jack Lookman
Jack Lookman’s Courses
Jack Lookman Limited
Jack Lookman’s Paperbacks
Jack Lookman’s eBooks
Youtube channel
Jack Lookman’s Empowerment and Inspiration
Thank you very much for your time. I hope that you got some value.
Jack Lookman’s Social Media
What do we do at Jack Lookman Limited
- Content Creation
- Mentoring And Coaching
- Affiliate Marketing
- Business Collaboration
- App Development Collaborations
- Blogging
- Multiple Author
- Ebooks
- Social media
If our content resonates with you, you may consider contacting us via “Book A Chat With Jack Lookman” at jacksempowerment.com
Could you impact tomorrow’s future?
If interested in being mentored, please check Jack’s Mentoring 101 at jacksempowerment.com
If interested in collaborating, please visit Business Collaboration With Jack Lookman at jacksempowerment.com
We have a range of courses at jacksempowerment.com
To access over 120 videos on Jack’s Curated Business Ideas please visit jacksempowerment.com
For a full list of our paperbacks, please visit jacklookmanlimited.com
For our ebooks, please visit selar.com
To access our novel arithmetic and logic app, please visit jaaloopuzzles.com and jaaloo.com
If you got value, please feel free to share our content.
Could you make a donation to sustain the great work we do?
You could find our list of books, websites and Social media platforms at jacklookmanlimited.com
Rita Nnamani - Thank you for your input
Great International Money Transfer
Thank you very much for your time.
This is Olayinka Carew aka Jack Lookman signing off.
Ire o (I wish you blessings)
Ire kabiti (I wish you loads of blessings).
Could this inspire kindness and compassion?
Youtube channel: Jack Lookman
Youtube channel: Curated Business Ideas
jacksempowerment.com
- Courses by Jack Lookman Limited
- Becoming Organised
- Mindset
- Jack’s Curated Business Ideas
- Jack’s Mentoring 101 (18+ only)
- Business Collaboration With Jack Lookman (18+ only)
- Book A Chat With Jack Lookman
- Etc.
Will you remember the less fortunate?
jacklookmanlimited.com
- Jack Lookman Limited Websites
- Jack Lookman On Social media
- Jack Lookman Paperbacks
- Jack Lookman’s eBooks
- Etc.
https://www.jacksempowerment.com
https://www.jacklookmanlimited.com
https://www.lifelessonsforteenagers.com/
https://www.curatedbusinessideas.com
https://www.jaaloo.com
https://www.jaaloopuzzles.com
https://www.yorubaproject.com
https://www.empowermentandinspiration.com
We do Affiliate Marketing and make commissions for every sale, at no additional cost to you.
Could you make a difference?
The change that we aim is generational.
Kindly like, share, subscribe, follow and repost this content if it’s beneficial.
At Jack Lookman Limited: Our mission is to Empower and Inspire Generations by leveraging the Internet.
Please like, share, follow, subscribe, repost and comment.
No comments:
Post a Comment