Business idea · Marketplace
Crowdfunding Solutions
Crowdfunding Solutions: Utilizing online platforms to raise small amounts of money from a large number of people, aimed at funding a new business venture or product launch. It was pitched on The Side Hustle Show, hosted by Nick Loper, in the episode "690: 9 Ways to Get Money to Start Your Side Hustle" (aired August 11, 2025).
At a glance
| Podcast | The Side Hustle Show |
|---|---|
| Hosted by | Nick Loper |
| Episode | 690: 9 Ways to Get Money to Start Your Side Hustle |
| Aired | August 11, 2025 |
| Category | Marketplace |
| Real companies on the episode | SwitchPod, Tertuga Direct to Consumer Backpack, Kat Block's Photo Booth Business, Anthony's Vending Machines |
The problem it solves
Crowdfunding addresses the challenge of raising capital by tapping into a broad audience, reducing reliance on traditional financing methods.
How it makes money
Reward-based or equity crowdfunding, where backers receive products or a stake in the company in return for their financial support.
Skills you need
Marketing, social media engagement, project management, and community building.
The market, and why this works now
Regulation Crowdfunding (Reg CF) allows startups to raise up to $5 million from non-accredited investors through online platforms, making it easier for new businesses to secure funding. A concrete first-revenue move could involve launching a campaign on Kickstarter, targeting niche communities like tabletop gaming enthusiasts, where backers often seek unique products. However, founders should consider the capital required for marketing and production upfront, as initial costs can be significant before any funds are received from backers.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- SwitchPod
A tripod designed for video creators, featuring a foldable design for easy transport.
- Tertuga Direct to Consumer Backpack
A brand that produces and sells backpacks designed for travelers.
- Kat Block's Photo Booth Business
A photo booth company that Kat Block built into one of the largest in Canada.
- Anthony's Vending Machines
A vending machine business that utilizes various types of machines, including traditional vending machines and micro markets, to generate revenue.
Where this idea came from
Podcast: The Side Hustle Show, hosted by Nick Loper
Episode: 690: 9 Ways to Get Money to Start Your Side Hustle
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.