Month: March 2016

crowdfunding for charity

Crowdfunding for charity: Getting it successfully done!

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Crowdfunding has taken the funding markets by storm and has grown in to a worldwide phenomenon. Crowdfunding concept not only applies to start-ups and businesses but crowdfunding for charity is also a branch out of the tree of crowdfunding. Interestingly,crowdfunding for charity has been in the picture before any other kind of crowdfunding came to inception. One of the very first famous crowdfunding for charity was hosted for the Damon Runyon Cancer Research Foundation which was clearly a successful one and raised 100 thousand dollars in less than 16 hours.

Success while crowdfunding for charity is declining as more and more charities are coming in the picture. To get successful under this scenario charities have to take their campaign quite seriously. This blog resents a bunch of steps which can guide charities to successful crowdfunding.

Steps to success for crowdfunding for charity

  1. Bind with a sensible Goal: Setting up a realistic goal is the first step towards a successful crowdfunding for charity. There are a lot of intermediaries which help charities while crowdfunding for charity. Known by the name of crowdfunding portals, these intermediaries are often misunderstood as the ultimate way of success for crowdfunding for charity. Indeed it all starts with a goal which actually suits the other perspective of the Non-Profit involved with the charity, for instance a charity with small supporters must obviously go for small monetary goals.
  2. Summing up in a fundraising video: A fundraising video for the crowdfunding campaign is a way to win hearts and get crowdfunding for charity on the right track. Video is the most impressive way to garner public sympathy for the cause. It must have a realistic approach to your cause, displaying the need to fundraise for it. It must also show the divine work done in this regard till date with some real people in it and the plan to be followed in coming days to make the charity do wonders for the needy. This video when shared on the internet over social networking sites might do wonders for the crowdfunding for charity.
  3. Secure your near ones first: While crowd funding for charity, the first strategy behind making your realistic goal comes true is siphoning in the support of your inner most circle. People who are your closest friends and family must first and foremost have such belief in your goal that they can talk positively about it as and when needed. They must be moved with the motive of the cause such that they can not only readily donate according to their capability but also make sure the crowd funding for charity campaign is spread far and wide.
  4. Follow the cyclic process of improvement: The cyclic improvement process is getting feedback, improving services according to them and taking regular follow-ups. The same goes for crowd funding for charity. The cyclic process when repeated periodically through the entire crowdfunding for charity can definitely land it in to a successful spot.

Success is a matter of patience, perseverance and hard work when it comes to crowdfunding for charity.

crowdfunding portals

Crowdfunding Portals – Important rules to catch up with

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With the advent of crowdfunding portals, undoubtedly crowdfunding has reached new heights. Crowdfunding in itself is a concept of funding projects or charities. People find crowdfunding attractive above all means of funding their cause. Crowdfunding portals are means through which these projects get a chance to display themselves in front of the whole world. Crowdfunding portals are basically online platforms which gives user-friendly and smooth options to both the creators of the project and investors in the project.

The popularity of crowd funding portals depend on various factors such as ease of access, successful projects over them, commissions they demand and many more things. Once crowdfunding portals go successful, it is important for them to give repeated successful performances in order to keep them established in the crowdfunding market. Crowdfunding portals are basically of three types: one which helps start-ups to grow, second which helps charities to flourish and third which allow both on their website.

However, other side features of crowd funding portals include allowing angel investors and venture capitalist to invest through them and also promote lending and borrowing on their platform.

Rules in the US related to crowdfunding portals

The famous JOBS Act in the US for regulating the process of crowdfunding also has specific sections which define the guidelines for crowdfunding portals. According to it, crowd funding portals will act as intermediaries to serve various projects which want to go for crowdfunding in order to reach their required finance targets.

Crowdfunding portals are mostly online platforms but according to the definition of JOBS Act they can be both brokers who are registered with the government and websites which are approved by SEC. Crowdfunding portals do not have any rigorous rules for registration but have to be registered with the government department of SRO and FINRA. The SRO stands for self-regulatory organisation, under which only applicable crowd funding portals need to get registered.

Crowdfunding portals must provide the documentation of all risks involved with the investment, and also provide tutorials for the process of investment over their interface. It must also ensure privacy to all its investors and also make sure that the investors do not land in a situation when they have invested beyond a permissible limit.

Restrictions on crowdfunding portals under JOBS Act

Also, there are certain restrictions which bind the crowdfunding portals. These restrictions are important so as to ensure that these crowd funding portals are unbiased and do not try to effect any individual’s investment, intentionally. As a result, they are barred from giving any kind of investment advice to investors.

Other restrictions imposed on crowd funding portals is not allowing then to lobby for any kind of transaction directly or indirectly. Here indirect lobbying means compensating anyone who does the lobbying on behalf of crowd funding portals. Further transacting or holding funds on behalf of investors is an act which is prohibited for crowd funding portals.

Another important restriction is not allowing the higher officials related to crowd funding portals invest in the projects displayed on their interface.

crowdfunding projects

Crowdfunding projects: Inception to completion

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Crowdfunding platforms are online portals which facilitate the feasibility of any crowdfunding event. These websites allow petty investors to fund large projects. In this manner these website play a vital role in the success journey of crowdfunding projects as well as investors. Crowdfunding platforms are basically centred on the aspects of crowdfunding projects, their each and every move is identified to be an outcome of the requirements of crowdfunding projects and investors. Talking about facts and figures, Kickstarter is known for raising money for over 35000 projects and around 20000 classroom projects. Crowdfunding projects has gained much momentum and popularity in recent years but the main challenge lies in completing the project. Most of the projects reach the completion but are not able to do so.

Basics of crowdfunding projects:

Crowdfunding projects could simply be understood as a branch of famous fund collection process: crowdfunding. It is a call of funding from the public by showcasing your project over a crowdfunding website. The showcasing is done in a manner so that the page could attract more and more investors for crowd funding projects. There can also be offline methods to go for crowd funding projects but it observed that crowd funding projects going on online crowdfunding platforms are more likely to be successful.

Setting goals and achieving them

For crowdfunding projects, setting goals is an important thing to do. Fixing a fundraising goal has its own advantage. It not only gives the people attached to the crowd funding projects a visible goal to work for but also instils them with new zeal and enthusiasm to work for it. They find new ways to make the crowdfunding projects a success by spreading them to more and more public view. However, there are two kinds of goals involved in crowdfunding projects: Individual Goals and Team goals. It is further noticed that while completing these in crowd funding projects, people with individual goals perform much better. The reason behind this s human psychology.

Choice of crowdfunding projects by donors

Donors are the most important part of crowd funding projects. They have to be lured in a manner in which they feel themselves as an important part of the projects. Also the idea of crowd funding projects should be such that it might impact a major portion of the masses. The people around must be able to visualize the positivity that would come to their lives after the project is complete. Emotional manipulation is also a major agent in attaching the public to crowd funding projects.

Both the project creators and donors are an essential part of crowd funding projects. The donor, however must be treated above the creator as they are the ones who make crowdfunding projects feasible with their funds flowing in it. Crowdfunding projects is the demand of today’s age and time. It is treated as more viable and feasible options above other kinds of funding sources for projects. This notion is more opted by people who have lesser connections in the finance market and still dream of their own venture.

crowdfunding on Facebook

Crowdfunding on Facebook

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Crowdfunding fever is slowly gripping the world. Everyone whether involved with a small project or a big one is trying to bank on the idea of crowdfunding. It has turned into a worldwide phenomenon which has gripped most of the online investment fraternity. More than fundraising another term which has more weightage is crowdfunding platform.

Crowdfunding platform is a commission based fundraising way. Crowdfunding on Facebook is another way in which one can effectively raise funds without giving any fees. Even projects which are campaigning on funding platforms are finding their way to crowdfunding on Facebook. Crowdfunding on Facebook could be brought into fruitful use with easy hacks. This article explores on making crowdfunding on Facebook an event to cherish for a lifetime.

Implementing a successful Crowdfunding on Facebook

If we go by the word of people having experience in the crowdfunding field, it could easily tell us the importance of keeping your project in momentum using all possible windows of communication is a good thing to do. Crowdfunding on Facebook is one such window and the following ways could help popularise your project in more than one dimension.

  1. Permit to advertise: This is a very good method to popularise your project while crowdfunding on Facebook. Allowing your project fans to share your project campaign page on their Facebook page boosts the potential of crowd funding on Facebook.
  2. Events unite people: Organising events on Facebook is yet another way to make crowd funding on Facebook a topic for acute interest. Gathering common public to an event like pub or bowling arena not only makes your crowdfunding on Facebook popular but also lets them know about you, who is the originator of the crowdfunding project.
  3. Contests also helps: Holding a contest on Facebook for crowdfunding of helps the campaign in a similar and positive manner as organising events do. A dynamic contest does even better. A dynamic contest is the one whose rules keep on changing and this keeps the interest of associated people always intact with the crowdfunding campaign and lets them involve more and more people.
  4. Keep updated: Regular updates of the crowdfunding project on Facebook is an essential part of crowdfunding on Facebook. It makes the supporters of project feel important to the project. Posting updates on Facebook while crowdfunding on Facebook makes sure that the backers of the project never move away and always feel confidence in it.

Crowdfunding on Facebook is a virtual front which one can use for crowdfunding their project. According to some experts from the field of crowdfunding, crowd funding on Facebook can give an exceptional advantage to the crowdfunding project, but one should never leave the actual mouth to mouth publicity at bay. Associating with real people in real world is far more fruitful than any other ways built to do so. However, this article still tells enough reason to for crowdfunding on Facebook for any individual and make it an exemplar one for others to follow the course.

crowdfunding demographics

Crowdfunding Demographics: Statistics to Know

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Crowdfunding has emerged as one of the powerful tools of financing in the modern world. Individuals and organisations from all genres are flocking into the crowdfunding phenomena. This rising phenomena has turned out to become a worldwide phenomenon, hence experts are showing keen interest in crowdfunding demographics. Crowdfunding demographics is surely giving more than one reason to entrepreneurs for applying it. The crowdfunding demographics mentioned here is the consolidated study of the crowd backing of projects on famous crowdfunding websites like MyEFunder, Indiegogo and Kickstarter.

Advantages of crowdfunding demographics

The crowdfunding demographics is an elaborative way to assess the usefulness of a crowdfunding website for capital raising. Even, the performance of projects,sector wise could be easily calculated with crowdfunding demographics. Crowdfunding demographics means representation of fact in numbers and numbers speak for the cause themselves. While attempting crowdfunding these days’entrepreneurs have the past data of crowdfunding with them which helps them to choose best for their project.

The crowdfunding demographics discussed here comes from the most reputable company in this field; Quantcast. Here Quantcast gives the statistical data evaluation of crowdfunding users only from the US base.

Crowdfunding demographicsfor people who serve as audiences based on

  1. Gender: According to the data, men are easily lured by crowdfunding website while women are a bit hesitant in doing so. However, they seem to catch up men sooner or later. On Indiegogo, they nearly share 50:50 ratio with men on a bit higher side while on Kickstarter the male to female ration is 70:30.
  2. Age: Crowdfunding Demographics of age indicate a greater participation of people aged in between late 20’s to early 30’s. These people are a balanced mixture enthusiasm and experience, hence are able to understand and fund the advertised projects efficiently.
  3. Education: According to crowdfunding demographics most of the funds are ingested from different categories of both the website. On Indiegogo, mostly the funds come from people who do not go to college while on kick starter they come from people who are currently in college.
  4. Income: For Indiegogo, it is the people with an income less than $50K who are most enthusiastic about funding and the same trend follows on Kickstarter also. It seems low income grade people are keener to experiment with new options of investment.
  5. The mobility of internet: No doubt, the smartphone has taken the digital fraternity by storm. With it the internet has found mobility with speed. Owing to this there is paradigm shift in the way audience lookup for crowdfunding projects and invest in them. Mobile apps of crowdfunding websites make the investment process easy and under one’s thumb. Statistics of crowdfunding demographics show that 35% of the audiences of Indiegogo and 21% of Kickstarter have already found solace in funding through the mobile version.

Crowdfunding demographics is an easy way to judge the direction in which the ship of crowdfunding is steering. Careful study of crowd funding demographics and thereafter implementation can give better chances to a crowdfunding project to succeed.

crowdfunding documentary

Crowdfunding documentary : Tipping into it

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The concept of crowdfunding

Crowdfunding has been our society for decades. It is the process to generate funds for self or for needs of others.

It has become so popular these days that even in the field of financing documentaries crowdfunding documentary is seen as a promising option. Crowdfunding means getting funds in little packets from a large number of individual and crowdfunding documentary means doing the same for documentary.

The count of the individuals could be anything ranging from 10 people to 100 people; the count however depends of the average incoming funds per individual and the total funds required for documentary to finish.

The need for crowdfunding documentary series from the fact that most of these films are made without any backing from a production house. Also, people who make these films are no doubt highly talented but there are very small chances that they have the inherent funds to make a documentary they intend to make.

Crowdfunding documentary is the most effective way to put all the remaining odds in their favour. Another advantage of crowdfunding documentary is that the idea of the documentary idea gets a public test before its inception. Crowdfunding documentary can be easily facilitated by crowdfunding websites like MyEfunder and Indiegogo and can also be promoted via social circles of Twitter, Instagram and Facebook.

Success tips for crowdfunding documentary:

  1. The Trailer: If you have the confidence in your idea that it will be widely accepted by the crowd, you should start crowd funding documentary with an attractive trailer. This trailer could tell what the documentary will unfold when released.
  2. A campaigning page: A crowdfunding platform should always be taken in the picture whenever dealing with crowdfunding documentary and with it comes establishing an attractive fundraising page for the campaign. This page must contain some videos and photos which hold the hard work behind the documentary.
  3. An aim: A well-thought goal is important to set before crowd funding documentary. The goal must be well-calculated and realizable. This also goes for the fact that most of the crowdfunding sites do not allow to keep the funds if the goal is not reached.
  4. Fix an end date: Funders involved in the process of crowd funding documentary are all longing for the actual film to release.So, the creator must always fix all important dates prior to start crowdfunding documentary. These include crowdfunding documentary ending date, and documentary release date etc.
  5. Gifts matter: Simple gifts or even handwritten personal notes of gratitude would make the funders of the crowdfunding documentary feel important for the film.
  6. Spread the word: Not only via crowdfunding website but every word spread out from social networking sites and mouth publicity would do wonders for the documentary.
  7. Updates are important: Updates on the documentary for the people involved in crowdfunding documentary campaign is as important as anything else in the crowdfunding process. They are indicators of your honest work and also facilitators of funds for your future works.
crowdfunding commercial real estate

Crowdfunding commercial real estate goes online

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Involving in commercial real estate is one the most profitable decision an investor would make today. A more buzzing phenomena in that of crowdfunding. These two are combined together to coin the term crowdfunding commercial real estate. Crowdfunding commercial real estate, although new in the market of crowdfunding still it has managed to gain a lot of pace.

With increase in this pace, there has also been a rise in the number on online crowdfunding platforms. These platforms boast off adding extra flavours of crowdfunding commercial real estate. Wisdom lies in the fact of knowing the features of crowd funding commercial real estate.

Crowdfunding commercial real estate: how stuff works

  • Typical crowdfunding companies like MyEfunder and Crowdstreet which specialize in crowdfunding commercial real estate not only facilitate to build a crowdfunding campaign over their platform but they can also invest in them if they find the particular crowdfunding commercial real estate opportunity attractive. This investment could range from 1 million USD to 5 million USD.
  • These crowdfunding commercial real estate deals over the crowdfunding platforms are a result of both ways efforts. The online crowdfunding platforms have agents who are in continuous search of prospective campaigners. On the contrary,prospective campaigners can also search for a crowdfunding platform that matches their crowdfunding commercial real estate
  • The time for which a crowdfunding commercial real estate campaign is live on a crowdfunding platform is different for different site but mostly it is an average of 30 days. The display time also depends upon how attractive the investors finds the crowd funding commercial real estate to be? Time is increased for more lucrative deals.
  • Each project before coming live of the platform for crowdfunding commercial real estate, the deal is checked for all aspect of its authenticity. It is also checked for growth options and investment return. All checks are made so that the investors come back to the platform again and again for investment options.
  • Although the crowdfunding platforms checks all aspects of a crowd funding commercial real estate deals, investors must be cautious and do a cross check on the property more than once. Doing so it will only benefit the future prospects of the investors more than anything else.
  • Keeping the investors regularly updated about the course of their investment and the real estate property in which they have invested is one of the most important things done by the crowdfunding platforms. This keeps the investors happy and we know that a happy customer is a returning customer.
  • The crowdfunding platforms also offer debt services to investors who are interested in investing in crowdfunding commercial real estate but find it difficult to gather money for it. The sum is borrowed for a certain period of time at a pre decided rate of interest.

Crowdfunding commercial real estate, link any other form of crowdfunding has found its growth opportunities on online crowdfunding platforms. It has made commercial real estate projects popular to distant places thus increasing the chances of funding. The online picture is also a plus point for investors.

crowdfunding charity

An advisory blog on crowdfunding charity

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Charity is a noble deed which is done by noble souls and a pinch of crowdfunding added to it gives added rewards to raising funds for charity. Crowdfunding charity has brought in revolution in the field of collecting funds for a cause. Amidst all this, not all crowdfunding charity could bear the deserved fruits in lack of some experts’ advice. Crowdfunding charity can be more rewarding than any other form of fundraising for charity if done under proper guidance and this article comes forth with some useful advice from the experts.

Crowdfunding charity advices on a daily basis

  1. Get the picture clear: Online crowdfunding platforms are the face of crowdfunding business today. Every project which needs crowdfunding including crowdfunding charity has to proceed through these crowdfunding platforms but before doing so, the fundraising party has to have a clear and crisp idea of the cause for which the fund has to be raised. The next job is to campaign on the site so that the whole world knows about your crowdfunding charity. The other things which have to be made clear before crowdfunding charity are to set up target time and target funds to be accumulated.
  2. Team is important: Building a team which is motivated by the charity and willing to work for the charity is another thing which one must try while crowdfunding charity. The team helps the charity through crowdfunding charity by taking it to every member’s individual social circles. While crowdfunding charity goes in to the social circle a descent sum can be collected without spending away in commissions.
  3. Do not get overwhelmed: While setting up targets it is important to set them on realistic terms. Before starting on crowdfunding platform one has to get the concept that it is no magic, hence one has to be real on setting the goals for the charity. One of the problems which arise with false fascination is that most of these sites save a few sites like Indiegogo, revert the funds back to the funders if the goal of the crowdfunding charity is not reached. Indiegogo allows options of flexible funding which allows the party to keep whatever funds they have raised irrespective of the goals set.
  4. Encourage supporters: Supporters who actively support your cause on the crowdfunding site need to be rewarded. The reward could be anything from small memoirs to chocolates which would act as token of thanks. In this way the supporters would feel they are important for charity and someone has genuinely thanked them for the help.
  5. Periodic acceleration is important: The crowd funding charity project gets on the crowdfunding platform with much zeal but for its success it is important to boost the project at regular intervals. This keeps the campaign going on with the same energy as it was incepted.

Before all, the most important thing for the individuals involved in crowdfunding charity is to feel the cause from deep inside of the heart. Involving a lot of people with you not only increases the chances of success of the crowdfunding charity but also gives a lot people reason to celebrate.

crowdfunding comparison

Comparison of Online Crowdfunding Platforms

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Crowdfunding is certainly creating buzz in the field of project funding. The buzz is such far and widespread that a lot of people are finding ways to get successful through the crowdfunding business. This has led to the rise of a large number of crowdfunding platforms and with increase in the flock comes crowdfunding comparison.

A lot of people who want to taste the flavour of crowdfunding are often confused with the choice of crowdfunding platforms, hence arises the necessity of crowdfunding comparison. A crowdfunding comparison in between top notch crowdfunding platforms is a way to help people decide about the platform they use to set up a crowdfunding campaign. A campaigner could be anyone from creative people like musicians, painters to innovators and entrepreneurs.

Crowdfunding comparison between famous crowdfunding sites

  1. KickStarter: Conceived in the year 2009, Kickstarter was primarily associated with people with artistic capabilities. A crowdfunding comparison shows that it is the site that has set up more successful campaigns than any. It is the best option for projects with creative ideas. A fundraising page is what gives a kick-start to the projects and further helps in the crowdfunding process through its blogs and tutorials. However, another crowdfunding comparison fact is that with every project on Kickstarter comes a strict deadline of 60 days, until which if the projected funds are not raised, the collected funds are reverted to the investors.
  2. MyEfunder: Although younger than most of the platforms present in crowdfunding comparison circle, MyEfunder has not left any stone unturned to be in this list. The crowdfunding comparison shows that this crowdfunding platform is an option for all kinds of fundraising be it charity or innovation or creative. It provides a fundraising page and that too for a reasonable price. The platform has within less tie given ample numbers of successful projects.
  3. Microventures: Launched in the year next to Kickstarter, Microventures gives a high probability of success to crowdfunding projects campaigning on the platform. Crowdfunding comparison shows that it is a sturdy bridge in between budding small businesses and investing parties like venture capitalist and angel investors. The drawback however is same as that of KickStarter.
  4. Indiegogo: Indiegogo is a treat for any project till it lies within the law and is ethical. Crowdfunding comparison shows that fundraising on the site is for a period of 120 days. Another advantage of Indiegogo which the crowdfunding comparison shows that it allows to keep the funds raised even if it didn’t reach the deadline. Indiegogo is one of those top notch crowdfunding platforms which are at par with Kickstarter in the crowd funding comparison Anyone with some fruitful idea can find its way on Indiegogo and with correct efforts it might lead to win-win situation for them.

Crowdfunding comparison is helpful tool while assessing the correct crowdfunding site for your project and this correct decision would definitely be the correct step turning your dreams to reality. Happy Crowdfunding for your project!

crowdfunding companies

Launching your company with the help of crowdfunding companies

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The next big start-up phenomena might be grooming inside your mind waiting for you to unleash it in reality, but in soothe only an idea cannot make the flesh and bones of a company. The finance part in an obvious backbone of any project and it is for this part crowdfunding companies come in the picture. There are traditional ways to get finance for the start-up but owing to their complications and requirements, entrepreneurs find peace of getting finance through crowd funding companies. The rise of funding through crowdfunding companies is on the rise and year 2016 is predicted to rank it above the venture capital’s option of getting funds.

Crowdfunding companies setting up strong roots for start-ups

It is true that getting funds for the start-up is a prime necessity but there are other necessities of a start-up which when ignored could doom it. Crowdfunding has been in the society since ages and people have practised it without the crowdfunding companies in picture. However, the chances of success were quite low in lack of guidance. The present scenario is bit different, these crowd funding companies are not only act as source of crowdfunding but also guide the start-ups through the process. These crowdfunding companies are available right on the computer screen and are often termed as online crowdfunding platform. These crowdfunding companies not only provide easy setting of crowdfunding campaigns, but also give tutorial and provide blogs on successful campaign launch and follow-up. These crowdfunding companies help at every step of a crowdfunding campaign. Building successful relationships with your partners and project investors is other aspect in which crowdfunding companies help.

All above could lead to a successfully crowdfunded project only if one chooses crowd funding companies related to their field. Crowdfunding companies could be of various types depending on the type of project they support and with correct one associated with the project, chances of being successful gets elevated.

Crowdfunding companies offers the way you like it

The choice between fixed and flexible funding is a very interesting feature which some of the crowdfunding companies offer. Before starting a crowdfunding campaign over a crowdfunding platform the monetary goal of collection has to be fixed. If the collection doesn’t reach the fixed amount, funds of investors are returned and the campaign is termed as unsuccessful. To ease these some crowd funding companies offer the perk of flexible funding. The project owner is asked to choose from fixed or flexible funding right at the start of setting a crowdfunding campaign. If opted for a flexible option, they are not compelled to return the investors’ money even if they do not reach their funding goals.

Crowdfunding companies offer more than one can think of. Anyone in search of easy and reliable funding could move to crowd funding companies. Interestingly when one is campaigning over one of those worthy crowd funding companies like MyEfunder and Indiegogo, one comes to know and explore the fact fat that they can offer much more to them apart from cash inflow.