#125: Lessons From Over 15 Successful Crowdfunding Campaigns
11/16/2014
Last week the team from Bomber Barrel reached out to me about their Kickstarter campaign. Lead Designer Vincent Ng joins us this week to talk about launching a physical product and why crowdfunding should be the way to go for any new idea. Vincent has launched over 15 crowdfunding campaigns with a 100% success rate and has considerable experience in design, manufacturing, and marketing.
Topics Discussed:
- Background of Vincent and product design
- Partnering with entrepreneurs that have a product idea
- Creating the story, product, and brand of Bomber Barrel
- The difference between Kickstarter backers vs. average consumers
- Scratching your own itch and validating that in a bigger market
- Goal psychology, production runs, and knocking it out of the park
- Why most Kickstarter campaigns fail to raise money or deliver product
- Kickstarter backers that try to be “armchair designers”
- Overvaluing your product idea and having a balanced business strategy
- Pushing momentum and PR coverage during the first week
Mentions In The Episode:
- Halo Belt
- Bomber Barrel
- Theory Mob
- Elliot Havok
- Quarter Century Belt
- Dash Wallets
- Episode #121: China Sourcing and Guide To Canton Fair
Download Options:
- Direct Download: Right-click here and click “Save As” for a direct download
- iTunes: Listen and subscribe on iTunes
- Android: Listen via Stitcher Radio streaming
- Blackberry: Listen via the Blackberry Podcast App
- Zune: Listen via Zune

Comments (2)
great episode thx, but I failed to get many concrete tips for what made all of his campaigns so succesful
Terry- great episode! I would have loved to hear more about the actual product development side of Vincent’s business, specifically tips for getting a design and prototype built. I think this is where most people get stumped. Even after a successful KS campaign, my own question would be how to design, prototype and contract manufacture a product. Any thoughts, tips or resources on this process would be greatly appreciated. Thanks!