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Ben Swann Thanks The Daily Paul

Hoping you guys enjoy this video. Ben has gone to bat for Liberty with nearly 400 Reality Checks and is off to a great start on Kickstarter with his new "Liberty Is Rising Truth In Media Project." In watching the video below, please consider making a pledge to his campaign. He will be releasing several new, high-quality Full Disclosure episodes starting next week. These are being paid for by Jeremy and David Richter, who put their faith in the market (as does Ben) to support Ben on Kickstarter. Hope you enjoy the video:

Be sure to wait for the blooper at the end........


http://youtu.be/cciqaPSTBBA




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Worrisome interview with Ben Swann and Peter Schiff

Worrisome interview with Ben Swann and Peter Schiff. Peter picked him apart, he obviously thought his business model was off kilter and Ben was way high in his initial ask. I like Ben's work but hes definitely feathering his bed up front to keep Ben's lifestyle. Hes at around 10% toward the goal at kickstarter now so hes probably going to be a bit short of goal.

http://www.youtube.com/watch?v=T3C4XW3ZEWM&feature=youtu.be

“In the beginning of change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for it costs nothing to be a patriot.”

Mark Twain

Have you ever been in a venture investor meeting?

These were basic due diligence questions, which Ben handled fine. Schiff was coming at this like an investor, asking questions that any reasonable person would ask before donating their money to a project. Even so, the questions were fairly light compared to the inquisition you get when face-to-face with an investor in "real life".

Im all for Ben's endevor

but I dont think he needs one and a quarter million to start his project from for all practical purposes are donations. I also think its clear Peter didn't either. Do you invest in a donation?
Im sticking to my original thoughts sorry you don't agree.

“In the beginning of change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for it costs nothing to be a patriot.”

Mark Twain

Schiff made some good points

The main one being that Ben could perhaps start off with 5-10 episodes, perform any necessary tweaks to the formula, do another 10-25 (depending on the public response), and from there maybe sell some adverts/plugs to liberty-minded business owners to keep it self-sustainable.

A signature used to be here!

Nothing wrong with setting a high goal for high standards

Schiff's point is well taken that for a fundraising platform like kickstarter where you need to reach the goal to receive the funds, it may be easier to start out with 10 episodes and work incrementally up to 100. However, I can envision this project from Ben Swann's perspective.

Keep in mind there are sunk cost (like the kickstarter/amazon fees) and capital investment/expediture costs (setting up a website/server) that might drive the cost of a 10 episodes run to $13K/episode compared to $10K/episode for 100 episodes. Also, there is opportunity costs that he has to consider. For instance, say he makes between $60K and $120K per year at his current job that is relatively secure given his experience now. He and his family had to weigh the risk and reward of leaving perhaps a stable career for something no one had ever done before. The risk of course was to leave something that would provide him with a steady paycheck to care for his wife and children for a project that had no secure funding. The reward would be to pursue an endeavor that perhaps he felt uniquely qualified to do at a time when his work was absolutely needed. I imagine the conversation he had with his family was something he did not take lightly. I postulate here that he told his family that since Ron Paul was able to raise tens of millions online, that it was quite probable he could do the same for his ambitious project. Furthermore, he told them that after a year's time and if the project floundered he would get his butt back to Cincinnati and do the traditional news anchor work again. And 100 episodes / 1.25 million dollars were the magic numbers to make this plan work. For him to plan for only 10 episode is equivalent to him telling his family that he'll leave steady work and relocate for a 2 month gig.

I'm sure if you put it in this context, you can imagine why Ben set the parameters for his project the way that he did. After all, if you were employed at a job that was stable and that you didn't hate, and you were offered a really lucrative job that paid double or it was a job doing something you loved but it would only be a two month contract with no guarantees of further employment and you'd have to relocate, wouldn't you try to negotiate for a longer guaranteed contract? Everyone's situation is different but if you have a family, stability is definitely a significant factor you find yourself considering in your career decisions.

My plea to Ben

You hit it on the head here...

"I postulate here that he told his family that since Ron Paul was able to raise tens of millions online, that it was quite probable he could do the same for his ambitious project."

The old timers here at DP know all to well that 07 was a very different time economically, there was money in the system. Not now but he still could do it.

Ben should suspend the Kick stater campaign before he might crash and burn, make a video explaining how he now will create 10 video packages, create a chip in style direct funding program use his 100 grand in pledges as seed money to get it off the ground. A team of marketing pros could then place these spots for a fee to keep Ben and his message flowing, I think alot ore people would get behind it done that way.

“In the beginning of change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for it costs nothing to be a patriot.”

Mark Twain

Chipin was great

Now out of the alternatives available, PitchInBox seems to be a good fundraising vehicle.

However, I tend to feel Kickstarter is a great platform for Ben Swann's project. Why Kickstarter? It is an established crowdsourcing platform with thousands of users, the majority of which is outside the DailyPaul community. Just by having his project there, Swann is getting free advertising to the greater diverse community outside the liberty movement that may find his project worthwhile and support it. I am convinced he has received support from such people in the greater Kickstarter community. Although we may claim him as part of the Liberty community, I suspect he sees himself as part of the greater community that honors good journalism which is magnitudes larger and so he must also reach out to them. Aside from the larger pool of potential resources he could tap with Kickstarter given their track record of million dollar drives, he probably appreciates the other aspects of the platform such as the paradigm of patronage which can coax larger contribution amounts in exchange for formal recognition (important to some people and businesses), the ability to manage communications with patrons seamlessly, and the goal driven nature of an all-or-nothing design.

tasmlab's picture

Peter has direct experience in this

Peter launched his own subscription (donation) based media show with arguably more celebrity then Ben and knows precisely how the financials work out. Ben should probably chat up Stef, Lew, Tom, and Adam who have all started liberty oriented web/media ventures.

Currently consuming: Harry Browne, Free Domain Radio; JT Gatto and Holt; Wii U

Fethering his bed up front?

What a silly comment. The man has to make money too. He just went out on a cliff's edge with no gear. Free climbing!

Yes I do

Sorry but I stand by my "Silly" comment. You obviously are a expert. When Ben refused to provide line item expenses and then for example equate his media to a movie production is truly ludicrous.

“In the beginning of change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for it costs nothing to be a patriot.”

Mark Twain

A great test of mettle

Peter Schiff's style of interviewing has been to consistently identify fallacies that his guests may hold. In the case of Ben Swann and his new journalism business venture, questions of the kind he asked during the interview like (1) the nature of the funding, (2) is the funding sustainable, (3) is the money from the project taxable, etc are all legitimate and, to the ill-prepared, difficult questions that should be answered. And Ben did. Quite well in my estimation. Schiff likes the off-the-cuff question and answer style, which makes for some entertaining banter or confrontations (if the interviewee is evasive in their answers).

So the shoe was on the other foot. And Ben stepped up to the plate and took fastballs and got on base again and again. It would have done Ben no favors had Peter threw him softballs and simply gushed over him like the media does over Obama. It reminded me of the late Tim Russert of Meet the Press and his interview with Ron Paul during the 2008 election season. Russert had asked Dr Paul a tough question that on the face seemed to call into question his views on government spending and his earmarks to bring money back to his district. Dr Paul, given his speaking style that he admits isn't his best suit, seemed to give the impression that he got off guard with the question but he answered as well as he could similar to other questions of bad public policy (the short of it is that given the federal government extracted tax revenue from his district, his responsibility as their representative was to bring their money back through the only authority afforded to him). Now Russert did Paul no favors with his hard questioning of Dr Paul, but Russert was consistently hard on nearly all the guests he interviewed if memory serves me right.

Back to Schiff and Swann; it is healthy and indeed even appropriate for Swann to be asked questions that may be on the minds of his potential donors. Given the answers Swann gave, I am confident of the quality and the dedication him and his whole team will put into achieving success in their stated goal. Let's have "Truth in Media" again!

Agree

but Ben had a few deer in the headlights looks and I just want to see Ben be honest with everyone and go on to succeed. The last thing I want to see is another huckster fleece this gullible community.

“In the beginning of change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for it costs nothing to be a patriot.”

Mark Twain

While I agree..

Schiff had the tone of a complete jerk. Be tough all you want.. just dont be a dick about it.

'Peace is a powerful message.' Ron Paul

This is not worrisome at all.

Peter is much more pragmatic and Ben is young and has a higher risk tolerance model. Both are necessary in a free society.

It was a good interview

Those were the tough questions that needed to be asked. Ben handled them very well.

Ben is a hero!

God bless you and your efforts Ben. You really are a true hero. I can't wait to see the impact you continue to make.

Lots of love to the whole DP community too! This is a great place.

The world is my country, all mankind are my brethren, and to do good is my religion.
-Thomas Paine

Black chopper

Its not the black helicopters you've got to worry about there Ben, it the Drones...according to KING BARRY.

Kickstarter keeps 5% off the top.

Kickstarter keeps 5% off the top.

FYI.

"Home is where it's hardest."
-Tommy

OMG PANDAS!!! LOCK UP THE CHILDREN!!!
-me

The credit card % fees

The credit card processing fees charged to the business processing the transaction is between 2-4% and is probably incorporated into either the Kickstarter or Amazon fees.

:-(

And Amazon takes another 3-5%.
http://en.wikipedia.org/wiki/Kickstarter#Model

Hope that 10% has been accounted for?

$10 million x 10% = $1,000,000 just to provide the system platform.

:(

Thank goodness the power of our thoughts and hearts will net Ben $9 million. Then he can retire on Swann Island and take us all with him.

;)

[$1,250,000 x 10% = $125,000 / net $1,125,000]

Is that enough? ?

Just putting some information out there.

So people can be aware that kickstarter isn't a charity.

"Home is where it's hardest."
-Tommy

OMG PANDAS!!! LOCK UP THE CHILDREN!!!
-me

Great Handle

Great Handle

“In the beginning of change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for it costs nothing to be a patriot.”

Mark Twain

Yeah, Well I was just putting some information out there, too!

And I don't appreciate the down-vote or someone's particular user id.

Only $10k more and the commission/fees will be paid. (sarcasm)
Four days of hard-work and nothing to show for it?

Day 5 will be our beginning. And thanks for the idea! A charitable platform for all future fund-raising is exactly what our grassroots needs! [Can anyone program up a platform for us and switch us over? How much would it cost? I'll get a loan and provide services at cost.]

And here's another kickstarter stat for ya! 46%

I'm here for my country!; not to make others rich.

10% is a BIG margin for a grassroots endeavor + a terrible economy with domestic enemies on top of it. I'm sure that 10% can be used for better things. I think it may be possible to save us 6-7%.

Donated!

He was on schiffradio.com the other day talking about the project.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

i'm in

$50 in!

thank you Ben

To donate, it wants me to

sign up for Kickstart and then, sign up for Amazon. I don't like that.

Private Pledges

Someone offered to help you out.

See here:
http://www.dailypaul.com/289273/happy-fathers-day-pledge-bom...

From what

he said on the Peter Schiff show the other day, he wanted all of the money to be returnable to each person if they don't achieve the goal. That's why he used that system. You get it all back, every penny if they don't hit the goal.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

Mighty fine speech. Much obliged . . . /- - -/. . . All aboard!


http://youtu.be/b1Rji6TIHTE Thank you Mister Swann. We'll be off & running!

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

All Aboard!

http://www.dailypaul.com/270001/time-for-my-nightly-jam-sess...

"I, __________, do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic."

https://en.wikipedia.org/wiki/Oath_of_enlistment

There is no duration defined in the Oath