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Raising Money For my Game?

Started by January 26, 2014 01:59 AM
27 comments, last by This is no one 10 years, 10 months ago
So what do you do when you are not a member of the countries they support and what is wrong with getting money for your child's fees from people willing to help?
Do you ever read anything before you post or just read a sentence and reply? You have to be in the US to even create a Crowdtilt campaign so your recommendation isn't even worth looking at if he isn't in the US. At least with Indiegogo and Kickstarter allows you to start campaigns from countries outside the US.
Kickstarter FAQ:

"Kickstarter is open to backers all over the world.

Meanwhile, project creation is currently available to individuals in the US, UK, Canada, Australia and New Zealand who meet the requirements below."

Indiegogo FAQ:

"Is anyone in the world able to create a campaign?

Indiegogo is an international platform, so anyone with a bank account can start a campaign. We do not, however, allow campaigns from countries on the U.S. OFAC sanctions list. For more information on which countries are included in this list, see our article on International Campaigns."

Crowdtilt FAQ:

"Who can use Crowdtilt?

If you live in the United States and have a valid US bank account, Crowdtilt's the place for you. Students, teachers, parents, grandmas, astronauts, circus performers, community organizers, you and your best friends and their best friends—everyone's invited to create a campaign or contribute to shared interests on Crowdtilt.

We accept international credit cards, so pretty much anyone from anywhere can contribute to a campaign. And while you can only start a campaign if you live in the US, we're growing fast! Join us on
Facebook so you'll be in the loop as we expand our services internationally."


How would i be able to raise funds for my game, being under 18?

Crowdfunding probably isn't the way to go. Only a very small minority of game projects on sites like kickstarter are successful, and they either already have impressive demos or are being run by people with proven industry experience.

You could try getting a job and raising the money to pay someone to come up with art for you, then by the time you are old enough to create a project on one of these sites you might have a product that people are more likely to invest in.

One further word of advice, don't call yourself a CEO unless you have hundreds of people working for you. It just seems pretentious otherwise.

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One further word of advice, don't call yourself a CEO unless you have hundreds of people working for you. It just seems pretentious otherwise.

Well that would be great advice, but the problem is that there is no set number of employees required to call yourself an organization. There is also no rule as to what title to call yourself as the founder of a small group. Also this site is supposed to be positive so I don't see any problem with him calling himself CEO of his dream game company.


There is also no rule as to what title to call yourself as the founder of a small group. Also this site is supposed to be positive so I don't see any problem with him calling himself CEO of his dream game company.

There's nothing wrong with it per se, and most people wouldn't care. It's not really a good idea when you're trying to raise money though as most people have a pretty good notion of what types of companies have CEOs, and calling yourself one when you're a one man band can be seen as either foolish or dishonest. Neither of which is desirable.

CEO is Chief Executive Officer - it is the title of the person who is the highest-ranking managing body within a company, and it is someone who presides over an executive board.

If you don't have a management structure (i.e, there is a hierarchy of managers), and you don't have an executive board or board of directors, you don't call yourself a CEO. Call yourself a Director or Managing Director.

Make a good pitch of your project and try out your luck with venture capitalists....make sure you have the numbers down to a science, how much money you need etc...how you will exactly make revenue..... and yea, as said before, crowdfunding is not the holy grail of funding, you need to build up a hype and get your name out before it will be succesful.

There is also websites like indiegogo that you might want to check out...but trust me, people will only invest their hard earned money in your project if they already knew about it and want to play it asap or if somehow you manage to make the most awesome pitch ever.

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Make a good pitch of your project and try out your luck with venture capitalists....make sure you have the numbers down to a science, how much money you need etc...how you will exactly make revenue..... and yea, as said before, crowdfunding is not the holy grail of funding, you need to build up a hype and get your name out before it will be succesful.

There is also websites like indiegogo that you might want to check out...but trust me, people will only invest their hard earned money in your project if they already knew about it and want to play it asap or if somehow you manage to make the most awesome pitch ever.

I can agree with that, but I would like to add to the last part about what they spend their money on. They also only spend money on things that interest them or if a project is done by a friend. I backed a friends project on Kickstarter, then backed an RPG, indie Power Rangers film, and STEM all due to interest.

CEO is Chief Executive Officer - it is the title of the person who is the highest-ranking managing body within a company, and it is someone who presides over an executive board.

If you don't have a management structure (i.e, there is a hierarchy of managers), and you don't have an executive board or board of directors, you don't call yourself a CEO. Call yourself a Director or Managing Director.

Yes, I recall what a CEO is from my business course in my degree. Though, the other titles aren't really good for being a startup team on the net either. I went through all the titles before settling on founder of my dream online company, but then about a year ago I just gave up on it to focus on other things than starting a company.

There's nothing wrong with it per se, and most people wouldn't care. It's not really a good idea when you're trying to raise money though as most people have a pretty good notion of what types of companies have CEOs, and calling yourself one when you're a one man band can be seen as either foolish or dishonest. Neither of which is desirable.

That is true. Though, with anonymity comes trust issues and having to battle with people thinking you are being dishonest. With all the fake spam games that appear on the Kindle Fire I worry that will fuel that problem with distrust.

I don't care if he is calling himself CEO, but he is under 18 and has time to grow and I'll admit it would probably be better to call himself just the founder of it rather than worrying about official titles.

The specific laws and regulations you need to follow will depend on your country of origin, but it's reasonably safe to say that as a minor you'll probably need the assistance of a parent, legal guardian, or other trusted adult if you're planning to do business. As a minor you're not only unable to use most crowd-funding or similar services without adult permission (if at all), but are also generally unable to sign a legal agreement.

Your best options therefore are to enlist the help of a trusted adult, or to continue development to the best of your ability in the meantime and wait until you're 18 to proceed.

- Jason Astle-Adams

CEO is Chief Executive Officer - it is the title of the person who is the highest-ranking managing body within a company, and it is someone who presides over an executive board.

If you don't have a management structure (i.e, there is a hierarchy of managers), and you don't have an executive board or board of directors, you don't call yourself a CEO. Call yourself a Director or Managing Director.

I think Director is a specific meaning too. He doesn't (I assume) own any legal entity such as a limited company, and (I assume) is just using "BEO Games" without registering it in any way (BEO please clarify if I'm mistaken). Calling yourself CEO or President can look a little silly especially when you then give out a hotmail email address :)

I'd probably just use "Founder".

www.simulatedmedicine.com - medical simulation software

Looking to find experienced Ogre & shader developers/artists. PM me or contact through website with a contact email address if interested.

Removed/edited due to errors found in my statement.

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