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Messages - keetonfurther

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General Discussion / Re: Kickfurther Master Thread
« on: September 27, 2016, 05:52:37 PM »
I'm a little confused?

Kickfurther doesn't do anything with loans or mortgages. The co-ops tend to offer anything from 12% to upwards for 30% profit annualized. Now you may ask how I got that but if a brand is offering 8% over 4 months, that equals out to 24% over a year. You're also buying inventory on consignment, that means that you technically own said inventory and thus acquire it as an asset. Now you won't have to worry about shipping or receiving the inventory until a business fails, which is rare because their vetting process, at which point you and the rest of the community involved in the brand have the choice to vote to either receive the inventory or have them liquidate it for you. 

General Discussion / Re: Kickfurther Master Thread
« on: September 26, 2016, 07:54:35 PM »
Here's a link to help you guys out. Whats a master thread without one. It's not a referral link and explains it better than I have.

General Discussion / Crowdfunding News and Discussion
« on: September 22, 2016, 07:59:29 PM »
I started this because I've seen a few master threads but nothing dedicated to the industry as a whole. Let's make it so you have to talk about at least 2 platforms as to not promote one in particular. Please don't share specific campaigns either

General Discussion / Re: Real Estate investment
« on: September 20, 2016, 06:46:17 PM »
I don't see a threat for this so i will start here

What places and what type of investment is good to start up if you some cash to invest?

Well the thread says real estate but your question seems general. With that being said, and the fact that I saw someone mention crowdfunding, I'm going to stick within that realm. If you have money to spend and want to explore your options, seriously look into crowdfunding. They have equity, p2p, consignment, real estate, rewards based, and donation based.

Equity is pretty self explanatory as you get equity for supporting the companies. With P2P, it's a loan you and others come together to give. Im assuming you know real estate as their have been a few pages of answers. Rewards based is like Kickstarter, where you get rewards for supporting them (rewards could be exclusive prototypes, different drafts of a screenplay their producing, etc. Donation again is self explanatory, people need help so you help them and don't get much besides the feeling good for helping (sometimes tax breaks for different cases, but some are considered gifts too).

Then you have consignment which I currently use the most. In these ones, you purchase inventory for smaller brands on consignment because their demand is way higher then their supply. Brands choose consignment because it's cheaper then banks and gives them marketing as well. People use consignment because they can take money from their savings account and purchase inventory. The inventory for many of the brands is purchase order backed so that just means the brands will receive their money after net-30,60,90 even if all the inventory isn't sold. This means they are able to payback easier because they have an expected date. I'll include a link for you after this because it explains alot better than I can, well a lot faster then I can!

Credit Cards / Re: Using CC on crowdfunding platforms
« on: September 19, 2016, 05:55:52 PM »
My question is what other crowdfunding platforms can you purchase with CC. I'm not as concerned with the rewards based ones which is why I was happy to find Kickfurther. I would like other options though. Thank you kindly !

General Discussion / Re: Selling on Amazon Master Thread
« on: September 16, 2016, 04:06:56 PM »
I have a few resources for amazon sellers to help fund their inventory. It's worth checking into. Let me know :)

Credit Cards / Using CC on crowdfunding platforms
« on: September 15, 2016, 05:07:42 PM »
Long story short, I am curious if anyone has more experience with various crowdfunding platforms that allow you to use your credit card to purchase/invest in whatever they are offering. I realize many need you to be an accredited investor  and you obviously don't invest with credit. I'm just trying to see if anyone knows if there are any exceptions minus mine because that would be redundant.

General Discussion / Re: Kickfurther Master Thread
« on: September 14, 2016, 09:49:18 PM »
I also think that MS is able to be applied broadly. There are still going to be the basics though and I think I covered it relatively well. Any who, if you are interested in reading about how this one user who made a pretty penny using KF's MS, PM and ill share it with you.

Credit Cards / Using Credit on Micro-retail platforms
« on: September 13, 2016, 01:53:55 PM »
Does anyone have any experience using credit card on crowdfunding platforms? I know of one micro retail platform that allows you to do so. I'm not sure about the other sites though.

General Discussion / Re: Kickfurther Master Thread
« on: September 12, 2016, 05:20:48 PM »
First to answer the searching question, It'll come up if you search for Kickfurther. You can also search the "G-startup Worldwide Top 50 Startups" to read our latest accomplishment.

Now as for how Kickfurther is a form of MS, it's because we allow our community collect rewards from multiples sources with only one form of spending. In this case that form of spending is credit. You collect rewards from the card you choose to use and earn profit from the co-ops you and the rest of the Kickfurther community are supporting. That is why we consider it a form of MS.

This is also why I was said earlier its not for everyone. There is risk involved. As a member of our community, you have the information presented to you so that you can make an informed decision. You'll know the credibility of these small businesses as they'll present relevant information. My favorite part is when the co-ops are Purchase Order backed because then you're buying inventory where some, if not all, is already sold. Like any form of purchasing though, nothing is 100% guaranteed.

Start Here! / Re: Questions and Help for BEGINNERS!
« on: September 07, 2016, 02:26:23 PM »
What's everyone been using for MS? Ive been doing a form of it through crowdfunding platforms but I want to expand. Any an all ideas are appreciated :)

General Discussion / Re: MS? INVESTMET? Kikckfurther
« on: September 02, 2016, 03:28:09 PM »
You are right, there could be a time where you would have to take a loss paying your credit card bill. However that is all based upon your discretion because many of the packs used to fund the co-op are priced somewhere between $25-$35. There are of course exceptions to this. Anyways, my point being is that you don't have to spend a lot to get the benefits.

It's not for everyone but I know from the feedback that many members of our community use us for Manufactured Spending. There is also a dedicated group of our users that put significant amounts of money into our platform, they are just doing so for the profit and rarely used credit to purchase. I can help you explore other MS techniques though.

General Discussion / Re: Investing with an eye on the November Election
« on: September 01, 2016, 06:52:10 PM »
I know this is completely unrealistic, but I would love to do a historical analysis of how the x patterns for major stocks have changed when presidents similar to the candidates were elected. Obviously the results won't be 100% accurate as I don't believe we have had any candidates like the two we have now (3 if you count good ol Gary). However if we took presidents who ran on platforms that caused as much discussion as these two, we may be able to get a general idea. I could be completely and utterly wrong though  :)

General Discussion / Re: MS? INVESTMET? Kikckfurther
« on: September 01, 2016, 06:37:39 PM »
Also we are not an investment because you literally purchase the inventory (through consignment) and thus have legal rights to it should the brand fail. As the brands sell, they follow a schedule to pay you. There is about a 4-6 week grace period because the brands have to receive their inventory from the manufacturers before they are able to physically sell the inventory.

General Discussion / Re: MS? INVESTMET? Kikckfurther
« on: September 01, 2016, 06:35:33 PM »
Disclaimer: I am a Kickfurther employee. But to answer your question, we are a form of MS. I say this for two mains reasons 1) we allow you purchase on credit and 2) many of the brands working with us are Product Order based. This means that the brands will receive payments from the company that put in the PO after terms of net 60,90, etc, even if the product ordered within the PO hasn't completely sold. I've used my own platform for quite a bit of MS. You'll always see when brands have PO's. The tough part right now is getting into these co-ops as they tend to be filled within seconds (i'm not exaggerating, we have multiple co-ops of various amounts that are filled within 10-20 seconds). Our community has a chance to get in early when the co-ops are in the upcoming phase with Kickfurther Keys. You can get these keys once monthly or for every 3 users you refer. I'm including my personal referral link so if you're interested, I can credit your account $5 dollars. I can answer any more questions you may have about our platform as well. Fun Fact: We recently passed 10 million funded with approximately 400 co-ops being funded through our platform.

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