As an “innovative idea champion” for the upcoming Assets Learning Conference, I was asked to compose 3 “burning questions” about my project that I’d like to have answered by other attendees at the conference and that could be broadcast on the innovation@cfed blog. In case you’re afraid to follow the link above, I’ve inserted my burning questions directly in this post and would love to hear your thoughts:
1. How do we dispel the myth that individual artists and craftspeople choose to be low-income and therefore don’t “deserve” asset-building assistance, or do you believe that most often they have made a choice to pursue a career with minimal income-earning potential and they shouldn’t take away limited resources from those truly in need who are working to climb the wealth ladder?
2. Is it feasible to deliver high-quality financial, business and home ownership training to individual artists in remote locations through technology-enhanced distance learning (with online self-directed tutorials and real-time instructor-led webinars)? Are there any specific tools or models you would recommend?
3. Is there an opportunity to use crowdfunding strategies to tap into a low-income artist’s social network “fan” base to raise match funds for matched savings accounts? What characteristics would we have to look for among participating artists for them to be successful with online crowdfunding?