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Business Quote by Om Malik

“When I look at Kickstarter, I see small businesses that have been funded by their customers. I see the acceleration of this shift away from the industrial manufacturing ideology to more of a maker economy. And I also see an idea so powerful that the company name has become a verb.” quote by Om Malik
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“When I look at Kickstarter, I see small businesses that have been funded by their customers. I see the acceleration of this shift away from the industrial manufacturing ideology to more of a maker economy. And I also see an idea so powerful that the company name has become a verb.”

Om Malik

About This Quote

Source Speech: Interview with Om Malik, 2014

Crowdfunding lets customers directly fund small businesses, shifting power from manufacturers to makers and turning the brand name into a verb.

In simple terms: Customers fund small businesses, changing manufacturing to a maker economy.

Key Takeaway

Support creators directly.

Themes

crowdfunding maker economy customer empowerment

Mood

inspirational optimistic analytical

Type

observational insightful.

When to use this quote

  • startup funding
  • product development
  • community building
  • marketing strategy

Key Concepts

Disintermediation platform economics

Questions to Reflect On

  • How can creators sustain momentum after initial funding?
  • What risks do backers face?
A Different Perspective

Relies on consumer interest, which can be volatile.

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