Beacon's crowdfunding platform asks readers to personally finance writers.

Freelancing as a journalist can mean exhausting all your contacts, emailing editors with numerous pitches, and fine-tuning pieces to best fit someone else's audience. What this process doesn't allow for is letting journalists work on pieces they are passionate about without worrying about it's marketability.

Enter Beacon, a crowd-funding site for freelancing journalists to post their pet projects for investors to contribute funds. Aspiring writers can earn a salary while working on the pieces they are passionate about, removing the editor-pitching process all together. The system works much like Kickstarter, where writers ask for a specific amount of money in a set number of days. However, each person funds a writer a minimum $5 a month until their project is completed rather than a one-time donation.

EXCLUSIVE MEMBER CONTENT
PSFK provides access to this article and every report, case-study, interview, and analysis that we publish for our members. PSFK Professional Membership also unlocks accessto unlimited customized research assistance and our database of over 100,000 insights on innovation trendspanning across eight industry sectors—from culture and brand to retail and customer experience.
Already a members? Log in