40Billion Team
Customer Support
Repost (75)   Reply (6

Essential Tips for Successful Crowdfunding

Essential Tips for Successful Crowdfunding

It seems like everyone is using crowdfunding to kick off their new business venture, whether it be a new coffee shop or electronic gadget. But the usefulness of crowdfunding is still debatable. Is crowdfunding even right for your business?

Here's some essential information and a few tips that will help explain crowdfunding concepts and how you can take advantage of them to fund your business.

What is crowdfunding?

Crowdfunding is a way of raising money for a new venture by soliciting small donations or investments from many people online. A group of people network and pool their money and resources together, usually via the Internet, to support the efforts of an organization. Unlike angel investment, in which an investor takes a stake (usually large) in a small business, with crowdfunding, you can literally attract a crowd of people - each of whom takes a small stake in a business idea by contributing towards an online funding target. This spreads the risk among backers and creates a strong network of support for your business...

Subscribe to read more. Get Started >


84,207 views   Share to: Twitter | LinkedIn | Facebook

Please log in to add a comment.   
Essential Tips for Successful Crowdfunding