How To Use Crowd-Funding To Raise Money For Your Business Ideas (Make Money Online)

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How To Use Crowd-Funding To Raise Money For Your Business Or Idea

Table of Contents
How to Use Crowd-Funding to Raise Money for your Business Ideas
Scope of the Book:
What is Crowd-Funding?
How Is Crowd-Funding Different From Angel Investments?
Does it Suit Your Needs:
Which Type Of Crowd Funding Best Suits Your Business Requirements?
Donation Based Funding:
Reward Based Funding:
Equity Based Funding:
Debt Based Funding:
How it Works?
Step 1: Deciding upon the Online Platform or Website
Employing Services of an Existing Crowd Funding Website
Own Website or Blog
Hybrid Approach
Selection of Crowd-Funding Platform or Service:
Step 2: Carefully Analyze Service Criteria of the Website
Step 3: Create a Pitch or Business Profile
Step 4: Receive Pledges from Investors or Crowd
Step 5: Collection or Cancellation
Some Examples of Successful Crowd-Funding Process:
Recommendations for a Successful Crowd-Funding Process:
Select the Appropriate Site or Crowd Funding Service:
Select the Right Target Audience:
Use Allied Sources:
Do your Homework:
Create a Convincing Pitch or Story:
Present your Personal Thoughts:
Provide Financial Expenditure Plans:
Break up the Project:
Offer Attractive Rewards:
Interactive Communication:
Remain Positive in the Face of Criticism:
Legal Implications of Using Crowd-Funding as a Source of Raising Capital:
Weighing the Pros and Cons of Crowd-Funding:
Disadvantages of Using Crowd-Funding as a Source of Financing:
Risk of the Idea Being Stolen
Loss of Patents and Copyrights:
Being Stereotyped as a Least Sort Alternative:
Communication and Information Protection:
Handling a Large Number of Investors:
Only Suitable for Small Projects:
Advantages of Using Crowd-Funding for Raising Capital:
Crowd-Funding is a Good Option for Smaller Projects:
It Reduces the Risk:
Campaigning and Public Marketing:
Larger Number of Investors, Larger Publicity:
Leads to Product Improvements and Removal of Shortfalls:
Recognition for the Entrepreneur:
Filters Out Unattractive Projects:
Bring Reality in Front of People
Don’t Forget to Evaluate the Pros and Cons of Crowd-Funding
Still Some Rules and Regulations Required

Starting your own business venture or giving life to a business idea that has been breathing in your mind for years, is a very challenging and risk taking task. Whether you are a fresher looking to become a successful entrepreneur or whether you are a salaried individual, who aims to rise higher than a monthly paycheck, starting your own venture requires investment and capital. You might not have the finance or the collateral to raise such an amount of finance. This is where Crowd-Funding may help you. When friends and family are inadequate and banks lack the trust or find the collateral insufficient, Crowd-Funding may act as an effective technique to raise capital for your small business. This book provides a brief insight into the dynamics and processes of Crowd Funding. With ever changing and competitive environment of the business markets, Crowd-Funding is fast becoming a popular and effective medium for raising money for various kinds of businesses and projects. Many websites that are exclusively offering and helping in the Crowd-Funding process include Kickstarter, Wefunder and RockthePost. Social media is also playing a very vital role in this process. It helps spread the message to a larger audience and is an easier and faster method. Initially started as a method to finance small projects through community funding, Crowd-Funding has become a legitimate and sophisticated technique for raising business capital.
Scope of the Book:
If you have heard about Crowd-Funding and are wondering about what is it and how it can help you, this is the right place to be. This book will not only highlight the true

Product Details

  • File Size: 2851 KB
  • Print Length: 30 pages
  • Simultaneous Device Usage: Unlimited
  • Publisher: JD-Biz Corp Publishing (December 16, 2013)
  • Publication Date: December 16, 2013
  • Sold by:  Amazon Digital Services LLC
  • Language: English
  • Text-to-Speech: Enabled
  • X-Ray: Not Enabled
  • Word Wise: Enabled
  • Lending: Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled

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