Crowdfunding · Franchising

What is the best way to find a co-founder for a crowdfunding project?

Sean Goldsmith Interviewing The Worlds Top Franchise Experts

October 22nd, 2014

Hi All,

I have been in franchising for quite some time now and I have developed a crowdfunding concept for the Franchise Industry.

My question is, what should I be looking for in a co-founder to help me develop this niche idea? I know my industry, know the niche and also know the potential rush it might generate. What I don't know is what to look for in a co-founder that knows what he/she is doing with regards to crowdfunding.

Any advice appreciated!
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Alan Peters VP Product and Technology at BusinessBlocks

October 22nd, 2014

Crowd funding is not an especially unique technical problem.  You can probably find somebody who has worked at any of the many crowd funding companies, but if not you're really just looking for the usual qualities in a software technical founder.  

Robert Hoskins (3,275+)

October 22nd, 2014

Sean, We have tons of experience in the crowdfunding and franchise business. Lets chat when you have a chance. My Bio: crowdfundingpr.wordpress.com/about-crowdfunding-pr-campaigns/robert-h oskins-bios/ My Success Rate: crowdfundingpr.wordpress.com/about-crowdfunding-pr-campaigns/success- rate/ My Crowdfunding PR Campaign Process: crowdfundingpr.wordpress.com/about-crowdfunding-pr-campaigns/tips-on- how-to-plan-successful-crowdfunding-campaigns/ 

Jessica Alter Entrepreneur & Advisor

October 22nd, 2014

Agree with Alan - you're not looking for a cofounder if you just want one area of experitize you're looking for an advisor or a consultant (I prefer the former).
Great advisors HERE
Cofounders are partners that go through the ups and downs with you - the skill set piece isn't the hard part. Your idea may change, so don't just go for someone that has one little area of expertise. 

Sean Goldsmith Interviewing The Worlds Top Franchise Experts

October 23rd, 2014

Thanks for the feedback guys! Really great stuff! 

Andy Abramson CEO, Comunicano

October 24th, 2014

Sean,

Crowdfunding is really two different flavors. First is Equity Crowdfunding via platforms like Angel List and OurCrowd. Then there are rewards platforms like Kickstarter, Tilt, Indigogo where no equity is given up. When you pick your partners, make sure they are also understanding of the differences in funding, as well as how the project rolls out.