Ask for $10k get $385,000 with three-time kickstarter success story Jacob Durham

Ask for $10k get $385,000 with three-time kickstarter success story Jacob Durham

Jacob Durham Episode #41

Cofounder, Basics Products

BASICS is a Kickstarter born company that helps people simplify their lives and get back to the basics with style. 

BASICS was founded in the summer of 2014 by cousins Jacob Durham and Jon Richards, but its beginnings can be traced back to summers in Montana when they were kids. Each summer they explored something new, but they never stopped creating: zip lines, forts in the forest, homemade movies, just to name a few.

They launched their first project on Kickstarter, the BASICS wallet, just for fun but ended up quitting their day jobs after raising $171,000. People went crazy over its innovative design and function. Jacob and Jon lived in their notebooks as they were designing and bringing the BASICS wallet to life, without realizing it at the time, their second product was born… The BASICS Notebook. They were able to raise $383,000 on Kickstarter, over double the funding of the wallet.

With a passion for product and business development, Jacob is always thinking about the next big product for BASICS. Jacob works in his sleep to make sure no opportunities are missed. When it comes to product development or crunching numbers, there is no task too big for Jacob to learn and master.

Links from the Show

Follow Basics on TwitterInstagram, and Facebook!

And check out the Basics Wallet below

Investment Banking CEO on selling over 350 businesses & how to get the best valuation when selling your company

Investment Banking CEO on selling over 350 businesses & how to get the best valuation when selling your company

From startup to $100 Million in revenue, to startup again

From startup to $100 Million in revenue, to startup again