I started Foresight in 2008 (at that point, without a name) as a resource for early-stage entrepreneurs to create financial projections using a simple, downloadable financial model template. My rationale: the value of a model was poorly positioned and communicated, and there were few products, resources and templates for entrepreneurs to understand how to build financial projections.
It’s grown over the years through new models, classes, and more resources. In the latest evolution, yesterday I launched a new site, a new model, and a new support center.
I’m particularly interested in the new model, a model for crowdfunders to project their campaigns. I’ve talked to many people creating crowdfunding projects about how they project out their expected donations and costs for their campaigns, and have heard of variety of responses: most likely, they approach it in a non-structured manner and without full planning of the campaign and fulfillment costs.
I’m launching a new model to help fix that, the Crowdfunding Model. The model is intended to be used by anyone creating a crowdfunding campaign on any platform who is looking to understand how to project their donations, donation levels, campaign costs, and fulfillment costs after funding. Check out the model here.
New site, new model, new support. Always building.
And if you do decide to download a crowdfunding model, the first 50 people can use the code “First” to save $10.