Crowd-Funding

CROWD FUNDED SELF-PUBLISHING

Crowd Funding

Crowd Funding@MFB

 

Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people. Crowdfunding is a form of crowd sourcing and of alternative finance. In 2015, it was estimated that worldwide over US$34 billion was raised this way.

Crowdfunding has been used to fund a wide range for-profit entrepreneurial ventures, artistic and creative projects; and not-for-profit or community-oriented social entrepreneurship projects. Musicians, filmmakers, and artists have successfully raised funds and fostered awareness through crowdfunding.   (Source:Wikipedia)

Although the concept can also be executed through mail-order subscriptions, benefit events, and other methods, it is now often performed via Internet-mediated registries. This modern crowdfunding model is generally based on three types of actors: the project initiator who proposes the idea and/or project to be funded, individuals or groups who support the idea, and a moderating organization (the “platform“) that brings the parties together to launch the idea.

MFB Approach:

MFB is intended to be such a platformof aspiring authors who wish to self-publish their first creation.  To ease the process we have further simplified the steps and made it more co-operative.

MFB thus evolved as an collaborative membership driven platform which will work on the following framework / steps:

  1. All aspiring authors who are ready or planning to self-publish their project (book) will join hands and co-create a community with multiple options (i.e. General, Professional and Premium Professional membership categories)
  2. Each will contribute a fixed monthly membership fee, based on their preferred options/category.
  3. The minimum period to get entitled to publish a book or get the membership benefits is 1 year.
  4. After 10th month the team will start processing their book (pre-press, cover designing, copy editing and printing, uploading content followed by pre-launch/marketing at suitable online / offline platforms based on membership categories)
  5. The platform will provide all relevant support and services as per membership categories and help the writer to focus on their project/creation and rest all printing/publishing/distribution/marketing complexities will be taken care by MFB professional team.
  6. The members will get discounted services (co-operative basis) and experienced professional support services at almost no-cost or on cost-to-cost basis.
  7. Collective energy will help the members to interact, interlink and inspire co-creation and thus all will be getting benefits from collective wisdom.
  8. The organic growth and social networking will help all to reach higher level of audience and flourish in their respective fields.
  9. Senior professionals and experienced (retired) wise generation will get due recognition, respect and rewards for their selfless support and servicesto new-comers i.e. the new generation of self-publishing authors

Let’s start connecting the dots (individuals) and co-create a self-sustaining Community of Self-Publishing Aspiring Authors.

Check the MFB Membership Categories and MFB Membership Fee

 
 




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