Tag: crowd funding

crowd funding

Crowd Funding Ideas for Kids

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Presented before you are some great, easy, valuable and interesting ideas for crowd funding which can be done by kids. Truly speaking there are many ideas for crowd funding but I will tell you some great ideas which can be easily done by kids. Crowd funding ideas should be interesting and fun otherwise people would not enjoy giving their wealth. By using the following ideas I am quite sure that you will surely pile up some real cash. The purpose of your crowd funding should be a little polite, so that when people see your purpose you gain a little of their precious sympathy.

  1. Crowd funding by cooking – If you have a hobby of cooking, it will surely help you in one or the other way. Like if you know how to make cookies or biscuits, bake them and try baking them by applying minimum effort. Once they are ready, go from house to house and try selling most of them thereby gaining more money.
  2. Crowd funding by music – Some people are good musicians and this is a skill that should be respected and used. If you want to do crowd funding then you will have to use this skill. For instance, if a kid is a good guitarist and the other a singer and they need quick funds, they can choose a crowded public place where they will get enough attention and can give a music concert with their need of funding displayed.
  3. Crowd funding by physical doing – If you live in a place where people know you and most of them have a vehicle which needs to be washed, so one can easily make up some funds. This idea for crowd funding is great and easy but the only thing is that the one who needs fund should be open minded. Kids can also try asking some of the neighbours for cleaning up their houses for some money.
  4. Crowd funding through gardening – It is a great activity to follow only and if one is capable of doing an artwork in garden or something like that. For doing so one needs a little of accessories to raise funds. You can hit some of the houses of the neighbours or some bungalow society and ask them for the job with the need of fundraising.
  5. Crowd funding by sale – It is sure that one always have things which is of no use and can be sold out to someone who needs it. You can collect some great items from you house and prepare them in order with a price tag and give out a great backyard sale. Mostly people love this type of sale and enjoy buying things. This is a great method of crowd funding and to maintain your profit you should surely keep revising the advertisement price tags of your backyard sale.
crowd funding

Quick ideas for crowd funding

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The following article shares some great ideas for quick crowd funding. Many times there are situations for immediate funding like for a local charity, or to help someone with his bills, etc. and the person getting involved will have to be a little creative. The more we think creatively, the more people would enjoy participating. There are several ways for crowd funding, but, here are some quick ideas to do so.

So, if you have some situations which need quick fund raising then the following ways of crowd funding will be helpful for you to pile up some real cash.

  1. Crowd funding by cooking:

Many people have a great hobby of cooking. So, if you have this hobby, it will surely aid you. With this hobby you can cook some easy but tasty snacks and sell them by with a stand or by going from house to house. To save time you should bake an item which can be cooked easily in large quantities.

  1. Crowd funding by art:

If you are a creative person, you can surely try doing some art and craft work. Paintings can be sold in local towns and cities. Craft work done can be sold by going from house to house. This method is only useful in the case in which the person desiring the funds is creative.

  1. Crowd funding by giving a musical performance:

It is a great method to flaunt with your musical skills. For example: – If you are a guitarist or a singer you can go at a public place with some of your friends or mates and give a mini concert. People love hearing to great music. In the end, I would surely suggest that this method is very helpful for quick crowd funding if you know music.

  1. Crowd funding by public service:

You can ask your neighbours or in your community about washing their cars or helping them in their gardening work. But, washing cars is an easy and quick method for gaining money. However, gardening or cleaning or painting at someone’s house is also helpful for quick crowd funding.

  1. Crowd funding by selling items:

You can search in your house for items which are not very useful to you. Items like some old bicycle or some old chain saw, etc. can be collected over and with the help of a garden or a backyard you can sell these items in a single day or two day sale at a low cost.

So, these were some great and quick ideas for crowd funding. Hope that with all these above ideas you can surely fulfil your needs of fundraising.

Top Crowdfunding Platforms for Projects

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What are the Top Crowdfunding Platforms for Projects?

In short, they are all good.  It just depends what you are looking for and what you are trying to get funded.

How exactly does crowdfunding help to carry out projects?

Are you one of those people who had an excellent idea for a new business, but had to give up on it because of financial problems? Funding for projects is the most crucial step. ‘To make money, you need to have money’ is the ubiquitous belief in the business enterprise. But there is good news for you, in case you are worried about where to find investments. Crowd funding platforms through the internet have become the unanimous solutions to small business owners everywhere now.

Here is what you need to know first. They are platforms to fund your business. There are many such portals out in the world today. For instance, kickstarter is one such successful portal that has stood by many small ventures, carving their way to great accomplishments. Crowd sourcing is a way to get money, but not without hard work and persistent passion. Even if it takes a long time and many attempts to finally complete the project, you should have the perseverance to do it. Ultimately, it’s your hard work, confidence and strong belief that will drive the whole venture.

How it works?

You must be familiar with the idea of passing the plate around in a church gathering. The concept of crowdfunding is the same. Many other people who believe in your idea come together and pool out their resources for this cause. Sometimes, the result of these generous donations can be staggering, amounting to over hundreds of thousands dollars even when the aim had been just in the tens of thousands. However, it’s unfortunate that a few projects not at all get funded. They are the best examples as to what changes hard work can bring in.

If you think that putting up your project on a famous crowdfunding website amongst so many out there like indiegogo and http://myefunder.com, will automatically drive people to invest in it, you are hugely mistaken. You will have to drive the search traffic of the site to your project. You require creative crowd funding ideas. So, you need to sit down and draw a complete plan of your activities. Make use of various social networks to spread the word about your project. You can tag pictures, videos and surveys explaining why the project is bound to be a success. Concentrate on different angles of the project which will draw interest. So, go crowd sourcing and make yourself a success story.

How to Make Your Online Fundraising Campaign Successful

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How to Make Your Online Fundraising Campaign Successful?

When you are short on funds, starting an online fundraising campaign is undoubtedly one of the best ways to try and gather the finances that you need. If you boast of a well-accomplished follower network, you will be able to use them to make your crowdfunding campaign grow and hopefully realize your monetary objectives once your marketing pitch is able to meet its deadline.

Grow your reach

You can hire partners to assist you in the creation of photos and videos for your crowd funding campaigns. In case your company is sponsored by some organizations, you can ask them to build a fundraising website for you that look professional. You can also get access to the supporter network of your sponsors, if you can make your sponsors add a personal appeal to your campaign.

Add a sense of urgency

On the fundraising website, you should also set a deadline for your campaign – and preferably keep it minimal. With an extended deadline, your potential backers may not feel the urgency to contribute and put off the donations for a later date – forgetting it all in the process or ending up spending on some things that they personally need. Try to keep the deadline for the campaign restricted to a week or slightly more to make your donors on online fundraising sites feel the need to contribute quickly.

Use varied channels and platforms

Do not rely only on online fundraising sites to do the trick for you. You should coordinate your crowdfunding sites with your own fundraising website as well as social media platforms such as LinkedIn, Twitter and Facebook. These platforms will help you communicate frequently with your audience and keep them hooked. These will help you to leverage support from your friends as well as other people whom you may not even be familiar with. Share the progress of your campaign with your followers, attract them with rewards, offer interesting information about your offerings etc.

Arrange easy donation facility

You have to make it easy for your crowd funding contributors to donate money for your project. You can use simple payment modules such as PayPal or Amazon Payment. No matter which module you utilize, remember to store the email ids and other important information of your contributors. This will help you to thank them for their donations and keep the information stored for using in online fundraising campaigns in future.

Keywords: Crowdfunding, crowd funding, online fundraising, fundraising website, online fundraising sites

5 Things to Remember While Building a Crowdfunding Profile

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5 Things to Remember While Building a Crowdfunding Profile

Crowdfunding is a method of raising funds for any business, venture or project. It is regarded as an alternative way of financing small and even big projects. Today, you can find tons of online fundraising sites such as Kick Starter and Indiegogo that allow you to make marketing pitch for your own project. You have to keep the following 5 things in mind when you are creating a profile on any of the crowd-funding websites.

Pick a simple layout

First of all, you have to choose a layout with a simple design. Look for one that comprises of a basic header, footer, sidebar and main content section. If needed, more elements can be added later. Add an interesting title to your own crowdfunding profile. To ensure consistency, give the title of your fundraising pitch the same as your project. You should introduce this title into your header section.

Give a short, but proper tagline

It is also important that you write a short tag line. Introduce it under the title of the crowd funding page of your fundraising website. This tagline should simply be a description of your project in only a phrase, but should be interesting enough to catch the attention of readers. In the main content section, you can make the description lengthier. Try to make it a powerful and attention-grabbing.

Do not forget the Action Step

The Action Step is nothing but urging your readers to make monetary contributions for your crowd funding project. No matter which fundraising website you use, you need to make every step easy for your potential backers; informing them about the links they should click on, the sites to visit and how they can contact you.

Mention the rewards

Inform them on the crowd funding page about the list of rewards that you have, with the bigger rewards for the bigger donation amount. Your rewards can comprise of simple to more detailed gifts, such as tees, key-chains, coffee mugs and pens. Once your fundraising comes to a successful end, you need to spring into action immediately and spend some money on buying and delivering the gifts to your contributors.

Specify a deadline

On online fundraising sites, such as Indiegogo and KickStarter, you will find people specifying a fundraising goal and the deadline to fund a project. Keep your project expenses in mind as well as the potential value of your networks. You should adjust the goals of your project as you need and set a deadline that will make your contributors understand the urgency of the campaign.

Keywords: Crowdfunding, crowd funding, Kick Starter, Indiegogo, fundraising website, online fundraising sites

5 Major Advantages of Online Fundraising

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5 Major Advantages of Online Fundraising

Crowd funding is a new way of online fundraising which can help entrepreneurs find investors easily, and find a proper platform where they can publicize their creative ideas in order to get lots of investors interested to put money into their projects. Efficient and cost-effective, crowdfunding platforms can go a long way to help you in getting your funds. It offers the 5 major advantages to any entrepreneur.

You can raise funds easily

It is quite difficult to raise the initial capital for any venture. But whether you have a business, a film, a social cause or even a personal cause to raise money for, you will find crowdfunding sites to be extremely useful. These save the time and effort needed to talk with bank authorities, apply for loans and inform about your business idea. If you are turned down by traditional lending organizations, these platforms can be a great alternative way to raise funds.

You can avoid risks

As a startup without enough business knowledge, putting your own money in the line can be an extremely risky proposition. However, crowd funding helps you avoid the risk of investing your personal funds. Even if the project fails, you will not land up with a financial emergency. You can even test risky business ideas with crowdfunding.

You can use the platforms for marketing

Crowdfunding platforms prove to be one of the best ways to raise money. Other than helping you with fundraising, it can also assist you with marketing. You can get vital marketing tips and ideas from experienced investors on crowdfunding sites, get them connect you with valuable business contacts and also get feedbacks from them about whether or not you need to fine-tune your business model in order to make it more successful.

You can promote your offerings before launch

There is also the advantage of being able to promote your products and services before actually launching them, and finding out whether they are actually able to generate some interest in potential consumers. You can also get valuable suggestions on improvement from online users on crowdfunding platforms and tweak your offerings to make them more suitable for consumers.

You do not have to offer stocks or ownership

With online fundraising platforms, there is no need for you to offer remunerations to your contributors in terms of money, equity or any special privilege. In exchange for funding, you may offer free tickets for concerts, t-shirts or mugs, discounted services etc.

Keywords: Crowd funding, crowdfunding platforms, crowdfunding sites, online fundraising, crowd source funding, ways to raise money

Top Crowdfunding Benefits for Investors

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4 Ways Crowdfunding Benefits Investors

Crowdfunding is a relatively new phenomenon, and a way to help entrepreneurs and startup business owners gather the funds that they need as initial capital or investment funds. It is well-known that this process works with some strategizing, but many people wonder how this business model actually works out for the investors. In other words, what benefits do the investors get out of investing in startups who may not be able to pay them back in terms of money? Read on to know 4 benefits of crowd funding for investors.

Ability to spot new opportunities

Inventing a new business idea that can work is not always possible. If you are into business, you must already have a fair idea of how difficult coming up with a sound business idea can be. On crowd funding sites, investors can readily get business ideas along with owners or entrepreneurs who would be responsible for the success or failure of the business. Thus, they do not have to manage the business alone. The business idea is developed by somebody else, and even the management aspect is taken care of by that person.

Ability to share the investment cost

Crowdfunding websites such as Indiegogo or Kick Starter allows investors to share the cost of investment. In simple terms, they do not need to invest alone. They can simply invest a part of the money that is needed by the startup owner and encourage others to do the same. Crowdfunding takes care of the fact that the entrepreneur gets the necessary funds for starting his or her business. However, the entire burden of investment does not fall on a single investor.

Ability to get good rewards

Although the crowd funding rewards might not be as profitable as real cash, they can come in handy at times. For instance, a food store might offer rewards to its backers in the form of discounted foods during office parties, holiday events or special family events. A photography business might offer to cover a wedding or birthday party for free or at great discounts. Investors can come across such businesses easily on crowd funding sites like Kick Starter.

Ability to know which businesses work

On crowdfunding websites like Indiegogo, investors can also get the chance to put their money on different businesses and track their success of failure. This helps them to understand which businesses work, and imitate the success strategy of those enterprises.

Keywords: crowdfunding, crowd funding, crowd funding sites, Kick Starter, Indiegogo, crowdfunding websites

How to Market Your Crowdfunding Campaign

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4 Things to Consider Before Creating any Crowdfunding Marketing Pitch

The ongoing recession has made it more difficult for people to get the funds needed for setting up their startup businesses. This has also made crowdfunding more popular, and startup owners and even people with financing requirements for projects of all shapes and sizes are turning more and more towards this type of funding. However, not every crowd funding marketing pitch is successful and this is exactly the reason why you need to consider these 4 things before making a pitch.

Think about the business idea

First of all, you need to have a proper idea about the business plan that you intend to make a pitch for. Your business idea and model should be attractive enough for investors, and interest them enough to put their money into your venture. Analyze whether or not you have such a business model. You should also be clear about the kind of profits or rewards that you will be able to offer to your backers on crowdfunding platform in exchange for the investment.

Be clear about the capital

You should also have a clear conception about the kind of capital that you need. On crowdfunding sites, do not ask for less than the total amount of funds that you require for starting your project or venture. Make a list of the expenses that you will need to make, and work out an investment amount that will help your business to start comfortably. Make a pitch for that kind of funds on the crowd funding websites.

Consider the platforms

There are lots of crowdfunding sites on the internet, but not all of them accept all types of project. You need a crowdfunding platform that will accept the type of project you need to gather funds for. It is a good idea to research on the internet and know about various crowd source funding sites and find out which ones accept your type of business project.

Have proper marketing tools in place

Finally, you should also have the right marketing tools in place for your crowd source funding pitch. Once you create the images, videos and posts for your marketing pitch, show them to your friends and family members, even to outsiders, and ask whether they look up to the mark. If the feedbacks are negative, you should try and make them look as professional as possible. With amateurish creations, you cannot go too far with your crowdfunding campaigns.

Keywords: crowdfunding, crowd funding, crowdfunding platform, crowdfunding sites, crowd source funding

Top Crowdfunding Sites for Raising Capital

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5 Unique Crowd Funding Websites to Use for Gathering Finances

Are you considering opening up a business that requires taking a small business loan, you need to think about acquiring crowdfunding as a possible way of gathering investment capital for your venture. Those who know what is crowdfunding and how powerful it is come back to it again and again and exploit its power for online fundraising. This is actually a way of gathering funds from a large pool of contributors who might or might not be into professional investment of ventures. It makes use of the internet in order to gathers funds from lots of small investors. It works as a profitable strategy for business when you are unable to get enough venture capital or loans from traditional banks. The following are 5 unique crowdfunding sites that can be used for easy fund generation.

Prosper.com

This is one of the best crowdfunding platforms which offer personal loans as a substitute for investment capital options, credit card debt and bank loans. As a borrower, you can avail a fixed rate of interest. You may even get a short term, unsecured loan which can be paid back in the form of equated monthly payments. If you are fed up with asking for loans from traditional lending organizations, you may try this for a change.

Kiva.org

It is one of the specialized crowdfunding sites which make use of a global network of microfinance organizations that collaborate with self-organized teams which are ready to lend as little sums of money as 25 USD to poor borrowers from across the globe. Alongside funding projects, it is also a global community comprising of individuals who come together in order to pool their finances and help the poor people across the world.

RockThePost.com

This is another of the best crowdfunding platforms that is loved a lot by entrepreneurs, and used by them for online fundraising. Other than entrepreneurs, it also helps creative people, professionals and creators of projects to get in touch with investors and generate capital that can help them to set up an idea, project or business and grow the same. This business social network attempts to close the gap between potential investors and entrepreneurs and helps the latter to get money to get their projects started. The platform can also help entrepreneurs to get ideas and tips on getting their ventures started and make them successful.

StartSomeGood.com

People who know what is crowdfunding and its capability, love to make use of this project crowd funding website which is used by borrowers in order to raise the money that is important for using as capital. This site can be used to raise capital that is needed for financing diverse types of projects.

MyEFunder.com

Where crowdfunding for businesses is concerned, this is an ideal one for startups. It offers new entrepreneurs with a platform that can help them to attract potential investors as well as issue stocks in their own firms. The rules of this platform need a minimum of one accredited investor to invest in the firm, who has to also specify the initial value of the stock.

Keyword: crowdfunding, what is crowdfunding, crowd funding, crowdfunding sites, crowdfunding platforms, online fundraising

How to Open Up a Fundraising Website Easily

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How to Open Up a Fundraising Website Easily?

Crowdfunding is a method of crowdsourcing, and is used to gather funds in the form of donations for particular projects. If you are thinking of thinking of establishing a new project or business, but lack the capital to invest in the same, you can use a fundraising website and get likeminded people to donate funds for your venture. You may also consider setting up your own site, and the following tips will assist you in establishing one for your requirements.

Think about your objectives

First of all, you have to consider your crowdfunding goals. You will have to write, design and program your fundraising website around the objectives that you have set. You will need to keep various factors in mind, such as the target audience, the objective of online fundraising, how to raise the money, the amount of money that you need and also how you will reward the supporters.

Consider how you wish to do fundraising

Determine the way you plan to do online fundraising. Funds can be raised by accepting donations from online backers or through the sale of merchandise. You should set up a payment system in any case in order to ensure easy and quick transactions. Many online payment firms design widgets, and you can integrate any of them into your own fundraising website.

New or Prepackaged Site

You will also have to consider whether or not you should build a crowdsourcing site from scratch or use a prepackaged site. If you are adept at HTML coding, you can build a new website for crowd funding. However, if web development is not something you are conversant with, it will be better to opt for a prepackaged solution.

Select a proper website layout

You need to choose a decent layout for your website which can help you meet your crowd source funding goals effectively. It is important to choose a layout which is simple as well as functional. The donation widget needs to be able to facilitate smooth and fast contributions and welcome the visitors through proper video or audio communication features.

Choose proper elements

You need to choose proper elements, such as a proper title for the home page, welcome message, descriptions, instructions for backers and more. It should look professional enough for your crowd source funding purposes.

Promote your site

Once you build the site, promote it all the way with the help of social media sites, email, events, personal meetings, phone calls etc and try to convince investors as much as possible.

Keywords: crowdfunding, crowdsourcing, fundraising website, crowd funding, crowd source funding