Options:

Small is big.

 
This world is filled with people who want to do things in a 'big' way. Only big way. They want an immediate impact (positivewala) for their efforts at all levels.
 
People want to make big money in one go and put all their efforts to do that.
Kids want to win big prizes from their one effort.
People put all their big efforts behind their one blockbuster.
Bloggers want to earn big money from their blogs in the shortest possible time with the shortest number of posts.   
Entrepreneurs want big money from their VCs in one go.
 
After all BIG is surest way of catching attention. Right? Nope. Wrong. This is not true anymore.
 
These days small is a building block and many 'smalls' constitute one 'big' which happens over a period of time. This one firm is just proving this.
Kickstarter is helping a lot of entrepreneurs, artists who need small budget to realize their dreams. They help them in raising small money by bringing them closer to their investors who can invest only few dollars.
 

Earl Scioneaux III is not a famous music producer like Quincy Jones. He is a simple audio engineer in New Orleans who mixes live albums of local jazz musicians by day and creates electronic music by night. He had long wanted to pursue his dream of making his own album that married jazz and electronica, but he had no easy way to raise the $4,000 he needed for production.

 

Then he heard about Kickstarter, a start-up based in Brooklyn that uses the Web to match aspiring da Vincis and Spielbergs with mini-Medicis who are willing to chip in a few dollars toward their projects. Unlike similar sites that simply solicit donations, patrons on Kickstarter get an insider’s access to the projects they finance, and in most cases, some tangible memento of their contribution. The artists and inventors, meanwhile, are able to gauge in real time the commercial appeal of their ideas before they invest a lot of effort — and cash.

 
 
And this is not only one.
 
Mohammed Yosuf of Gramin bank has showed that his Microfinance bank can compete with one of World's biggest banks. Yet, people are always looking for that big idea which can transform the world in a big way. Big definitely gives instant gratification but many 'smalls' can make things 'big' over a period of time which is beyond anyone's imagination.

Posted via email from adeshsidhu's posterous

3 Comments so far »

  1. by Ramesh , on September 9, 2009 8:06 AM

    Hey, nice one Adesh. Small is beautiful indeed.

    I'm not sure if there's an equivalent to Kickstarter in India. Would be a nice concept to start.

  2. by thethoughtfultrain , on September 9, 2009 6:16 PM

    Thats some fresh perspective. Like in the olld tale, slow and steady wins the race. Things done too soon will show cracks sooner or later.

    Good one Adesh! :-)

  3. by Adesh Sidhu , on September 9, 2009 8:59 PM

    Yeah you are right it could be a wonderful concept and can be implemented successfully in India.