41% of Kickstarter Projects Fail - Infographic

Reblogged from The Main Street Analyst:

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Kickstarter is an innovative platform that helps entrepreneurs get funding needed for product development, but according to a new infographic, almost half of Kickstarter projects fail.

The infographic, created by AppsBlogger.com, looked at a total of 45,815 Kickstarter projects and nearly $215 million pledged funds. It shows that the secret to having a successful Kickstarter project is setting a realistic monetary goal and dedicating the right amount of campaigning days to spend on the site.

Read more… 45 more words

Interesting facts about KickStarter, the popular fundraising site. I have contributed to a few projects, but never think about what the failure rate of KickStarter projects is.

About Mike Phillips
Mike Phillips has almost 20 years of combined professional experience in music management, retail management, software engineering, and process improvement. He holds a B.S. from JMU, an M.S. from UMUC, and has almost completed his M.B.A. Mike has a wide variety of interests including writing, sports, history, technology, business, and music, having performed in one way or another for a good part of his life.

One Response to 41% of Kickstarter Projects Fail - Infographic

  1. Just used Kickstarter last month. Gave to GenerationQ Magazine and they are doing great :)

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