About Crowd Funding

Strategies: 7 keys to crowdfunding success Greenville NewsSo, in 2012, Congress passed the Jumpstart Our Business Startups (JOBS) Act. Among other things, the law allows start-ups to raise money from the public through crowdfunding sites.

Crowd Funding In 7 Success Steps

How to Succeed With Crowd Funding



There is a new option for small-business owners, inventors, etc who want to raise money.  It is crowdfunding.   Up to now these people only had 2 options when seeking investors.  They could beg from family and friends and if it was a promising concept investors and venture capitalists.

But  they couldn’t appeal to the wider public and if they thought it was a good idea help them to get it of the ground.    The reason for this was because there were laws that prevented people loosing their money to scam artists and stopping them appealing to more than certain number of those with personal wealth.

But with the advent of crowdfunding and crowdsourcing as it allowed those with creative ideas to get input from potential customers.  Crowd Funding also protects both those who want and those who are lending the money and more than one person is doing the lending.


7 Keys To Crowdfunding Success

An article in Greenville Online looks at this

Have the right type of product or business. A large number of people must be able to understand your idea easily. Consumer, food, consumer electronics, and fashion products are particularly well suited to this.

Read More At:  http://www.greenvilleonline.com/article/20140203/BUSINESS/302030011/Strategies-7-keys-crowdfunding-success

New Way To Fund Your Idea

Crowdfunding is the new and better way to fund your charity, business, etc.  It allows you to put it in front of more people, businesses, etc.  Crowd Funding protects both parties.   There are 3 ways to do this:  Crowdsourcing: reaching to others for monetary support.  Nonequity crowdfunding soliciting money for equity: pre-sale of product, invitations to special events.  Equity Crowdfunding: soliciting money from a large number of individuals.

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