Startup Guides > The 7 Crowdfunding Tips That Are Most Important

What is crowdfunding or crowd funding? Crowdfunding is a collective of people cooperating to network and pool their money and resources together, usually via the Internet, to support efforts initiated by other organizations. Unlike angel investments, in which an investor takes a large stake in a small business, with crowdfunding, you can literally attract a "crowd" of people - each of whom takes a small stake (if any) 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.

Consider the following 7 tips to run a successful crowdfunding campaign.

7 Useful Crowdfunding Tips:

1. Crowdfunding is different from venture funding. The name quite literally describes the process: a crowd gives you money, rather than two or three people...