I want to be sure that you are aware of what is happening on Kickstarter, the Crowdfunding site. If you have a creative idea that you want to raise money for, don’t waste too much of your time thinking it through.
Just post it on Kickstsrter as fast as you can and see if it has any traction. There is no secret formula why one project makes it and another fails. Very recently an entrepreneur wanted to raise money for making potato salad. He received $55,492 from 6,911 contributors.
That’s nothing compared to the money Bunch o Balloons raised over the last few days. This is a system to help you blow up a hundred water balloons in one minute. Pretty phenomenal. Sit down. This project raised $882,309 representing 20,770 contributors.