3RD TRAINING - DAY 3

November 10th - new day, new lessons! The third day has passed leaving us a lot of new knowledge, thanks to Ivan Jovanov and Vojkan Krstevski, who were our lecturers today.

For those who don't know, crowdfunding is a way to raise money from a society. At the beginning of a presentation Ivan was talking about some general facts about gathering money, the donators and why is it so important to have a good start. The important segments are the stories laying behind, marketing and network of supporters. Afterwards, we were shown videos about some fundraising campaigns: Brlog, Ne damo Jabuku and The Future is Private. Ivan told us that to keep the supporters who are promoting us we must update them about the progress (at least 4 informations every 5 days) and show the success, because, of course, they want to be a part of something successful. Furthermore, we were told that crowdfunding, as every other campaign, has its strenghts (such as the fact that if we decide to venture the capital is ours and the donators will also be our supporters), as well as the weaknesses of it (preparation is different than traditional project writing and it doesn't always work out) we have to be aware of if we're planning on setting off that way . It may be a big risk, but the one who doesn't take risks can not profit either. If you don't try, you will never know what you might have achieved. 

Thank you, Ivan, for the great presentation and everything you taught us that may be of a good use one day. 

After a short break, we were full of energy and ready to jump in the next lecture.

Vojkan Krstevski is from The Final Frontier, a group which was mentioned on today’s first training for its successful campaign. The lecture was good for us because we got the first-hand experience from him. He told us all about their campaigns for the cardboard games and all the problems they came across along the way. For instance, they were wondering if it was better for them to fully develop their idea in China but in the end decided not to because of the high prices of development, and prices of shipping to Europe and America. It just wasn’t profitable. He told us all that they did and how and advised us for our campaigns. He gave us tips on how to make our campaigns as successful as possible. For example, he advised us on what time of the day to start a campaign (which is very important since the first three days matter the most), and which days of the week and months to avoid. Also, we were told to pay attention to our donators, their thoughts, and ideas. Giving them feedback about the project we campaigned for is also a crucial component.

We’ve learnt a lot from Vojkan, and we thank him for his time and patience. We hope that the seed he planted in this project will grow to be a strong, healthy, and tall tree.

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REPORT ON THIRD TRAINING “Finances and Fundraising for Social Enterprises”

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Should philanthropy be a subject in school?