Presentation by Terrance MacGregor Baltimore Lean Startup meetup July 24, 2012

1. Crowdsourcing
A Lean Startup
by Terrance MacGregor @

3. Topics
● Crowdsourcing
● Examples / Failures
● Summary

4. Crowdsourcing
Creative:
99designs.com
pickydomains.com
MVP
mechanical turks
topcoder.com
Marketing
fiverr.com
Crowdfunding
kickstarter
select6.co

5. Creative
99designs.com - 56 submissions, 8 designers, $295!
pickydomains.com $50, domain name selection

6. MVP
mechanical turks
huge labor force, ability to carry on simple tasks
topcoder.com
run constests to build software, build a prototype
ushahidi.com
very quick mapping tool, with mobile phone: http://ushahidi.bytelion.com/

7. Marketing
fiverr.com - $5 per gig... amazing! tons of options
WARNING - THIS SITE IS ADDICTING!
http://www.youtube.com/watch?v=pjPDx1ap2ZQ
http://www.youtube.com/watch?v=4-jW4gMaxkg
http://www.youtube.com/watch?v=O_z8c9GdaaM

8. Crowdfunding
New Ground / Pitfalls
Kickstarter.com
Hardware, creative projects, lead crowdfunding power in the us. Selection
Criteria?
Select6.co (Minorities/Veteran Crowdsourcing)
New to Market, Still in Beta

9. Failures, Advice, and Stuff
Crap In = Crap Out
No Silver Bullet
Mechanical Turks - Results require refinement, planning, and time
99Design.com - Still need creative staff on hand for your product
MVP - Using Topcoder.com to build a bootstrap startup.. it is expensive!
Testing - UTest - Expensive!
Fiverr.com - Addiction / Distracting, Still need a plan
Kickstarter Failure - They don't do web based technology startups. cowtrip
failed! They don't explain why?

10. Questions?