The world’s #1 Crowdfunding site MyEFuner will be up very soon. Who’s excited?
Tag: myefunder
Fundraising for a Cause and the role of crowdfunding websites in it.
When it comes to helping a cause, the name Non-Profit organization is the first which comes to your mind. It is well known to us that a good NGO devoted for a particular cause would leave no stone unturned to help realize a cause- be it in terms of financial assistance or any other assistance. However, when it comes to gathering funds for the cause, crowdfunding websites play an important role.
Other than NGO operation, fundraising for a cause can also be for a personal cause of illness, or need. However, common to both can be a crowdfund facilitated via crowdfunding websites.
Fundraising for a cause demands the person to get emotionally attached to the cause for all positive reasons. Let’s have a look at the common aspects of accumulating funds for a cause, both individual and for an organization, more precisely with the involvement of crowdfunding websites
Preparation for the fundraising
As an individual it is you who has to decide whether you want to work for the cause or not, but in order to gather funds for a non-profit organization, discussion with the organization on the course to be followed while fundraising is important. The course includes everything from the fundraising ideas, staff involved, inclusion of crowdfunding websites and the procedure followed for the transference of funds. Another important aspect is the taxation involved on the collected sum. Last but not the least, whether it is an individual cause or NGO, it is important to keep a written record of all the processes and funds involved.
Formulation of core plan
The core fundraising plan is the part on which you have to sweat the most. From coming up with a fundraising idea to giving it a proper track, gathering resources and advertising for the day everything requires both your mental and physical hard work. Your fundraising plan should be planned with preparations of public survey such that it connects to the masses, resulting in making the most out of your effort. It should be further kept in mind that if the next is enacted then personnel from crowdfunding websites can also help in making the core plan
Involvement of crowdfunding websites
To make your ‘fundraising for the cause’ a success to the fullest, it is important to attach the idea with crowdfunding websites. The crowdfunding websites offer your fundraising plan an elevated platform which helps it to garner more popularity amongst the masses, thereby, generating fund for your cause like never before.
Motivation for the fundraising
Above all mentioned aspects, is the motivational conscience for the cause. Belief in your cause is the inspiration behind the whole setup of ‘fundraising for a cause’. In the course of fundraising you could take help from external agents like crowdfunding websites, but the successful accumulation of crowdfund in the whole process defines how closely you feel for the cause and how far would you go to see it flourish?
A successful fundraising brings to light a person’s innate qualities that he can bring positive changes to the society, he can or cannot take the help of crowdfunding websites in this process An individual, accomplished in fundraising for a cause can think of taking a step forward by setting up a NGO for a cause for which he feels from the core of his heart.
He is a gentle soul who spends self for the sake of others, and it is crowdfunding websites which assist him in raising the count of his good deeds.
Fundraising for Individuals
Fundraising, for a majority of years has been the terminology for a group or organization which does it for a cause or venture, but in the recent years the terminology has been adopted in the individual arena also.
Fundraising for an individual is on the go these days as it is seen as an effective way to fulfill immediate, urgent needs of an individual like funds for serious illness , funds for a gap year or any other sort of serious cause. To the delight of the person in need, fundraising for individual cause is also backed by crowdfunding platforms like Gofundme and Myefunder.com. These crowdfunding specialists have a firm grip over the market and have the essential qualities to garner fund from individuals or groups. However, it is important to know how you can direct Gofundme to “go fund me”.
Finding the correct “go fund me” company
The details of the crowdfunding platforms which can help can be easily searched through the internet, but the question of their authenticity should be checked always. They should be checked for their registration details of with the government. Companies like Gofundme and Myefunder are known for their authenticity in the field of fundraising for personal cause.
Moving to a crowdfunding site is not the only thing; you have to make yourself an inspiration. A crowdfunding company could follow your words “go fund me” only if they get the realization of how far can you go to fulfill your agenda. For this there are few tasks that you can do by yourself,
- Choose a physical challenge, like swimming 200 lengths or walking 300 kms; such an activity may definitely gather the support of platforms like Gofundme for you and your cause.
- Being productive: Producing things at home and selling them right away would give you the profit, but if the same idea is implemented using Gofundme then the profit would very early turn out to be the amount you need.
- Restrain from thinks you like: This practice is not much common, but indeed it can be fruitful if you do it in collaboration of a company to which you can say “go fund me”. These companies can then garner the support from the crowd for your cause. Gofundme and Myefunder.com are some well known companies which can help in this regard.
- Being creative: For those who can create with their talent can be easily endorsed by Gofundme for showcasing their talent, or using it to create things and sell. Getting the helping hand of a crowdfunding site would surely raise the TRP of your creative abilities.
Not signing off from the original ways, concept of fundraising for individuals has simply added an add-on in the form of crowdfunding companies like Gofundme and Myefunder. These companies bear the load of gathering crowd for the sponsorship of an individual’s cause on the only condition that the individual would perform.
So if you or someone you care for, are struggling to fight any cause, you scan imply showcase your abilities and direct suitable crowdfunding company with the phrase “go fund me”.
Why go for Crowdfunding?
Today, a lot of people think to launch their own indigenous project, but only quite a few are successful in doing so ; most of them are trolled back to drop the idea in lieu of lack of funds. The traditional funding of businesses is the story of past; here we bring to you why an alternative approach of funding a business, project, venture or social cause.
The idea known by the name of crowdfunding is not an alien to people today, but why it stands out of the alternative funding herd is the point of interest in this article. A lot of crowdfunding platforms like Indiegogo, Myefunder.com have raised the bar of funding by introducing the idea of online fundraising. Let’s have a look on why the project initiators are all going gaga over the mechanism of crowdfunding.
- Two in one job: The online fundraising via Indiegogo or Myefunder.com is not a mere collection of funds for your project, but the interest of funders gives you an insight of how your product is going to fair in a live market.
- Easy to go with: Sweating involved in getting funding through loans and other means is known to all interested and a major portions of it comes from the paperwork involved. In case of an online fundraising through crowdfunding platforms like Indiegogo and Myefunder.com it is a hassle free process.
- Getting yourself identified: Once, your projects starts getting positive reviews from the funding fraternity, get ready to handle your fan following. Website like Indiegogo, involved in online fundraising offer facilities to build a community consisting of people supporting the idea and having similar interests.
- Minimizing the risks involved: Since the crowdfunding platforms like Indiegogo are easy ways to predict the validity of the project, hence it could be deemed that online fundraising gives an informal certificate of reduced risk in the venture. This scrutiny allows you to take a deep breadth and play safe.
- Increase in the number of success: The increase in the number of supports to the project follows with the revelation that a number of people feel attached to the venture and are keen on knowing its each and every update. It is the after effect of the online fundraising that two persons sitting at different geographical locations might feel elated at the success of a common project.
- Inherent nature: One of the main reasons to opt for online fundraising through Indiegogo and Myefunder.com is the concept of crowdfunding itself. Being different from traditional methods, crowdfunding gives you an upper hand owing to the fact that here you can target the audience specific to your requirement. You get a survey platform, a testing environment and a bunch of supporters’ right in front of your computer screen.
Crowdfunding platforms like Indiegogo, through their online fundraising concepts have brought revolution in the field of start-ups and fund collection for charity. They have vested the power in the hands of user itself; to be the maker or breaker of their concept. The stronger, the better the idea, more chances of it to get successful!!!
3Doodler – The World’s First 3D Printing Pen on KickStarter
3Doodler – The World’s First 3D Printing Pen started on Kickstarter and will soon make it’s way into the market. Stay connected for more updates.
What is Crowdfunding
What is Crowdfunding
A simple concept which has turned the financial world upside down is crowdfunding. The basic idea is that a number of individuals together, using the internet and put together finances to support a particular cause, project or a business organization. Although the idea seems ordinary, the end result is nothing short of a revolution. But if you are someone who is setting up a new crowdfunding campaign, the common question is what comes next in the process. You need to draw up a strategy to make your campaign well known. Here are a few tips regarding that.
-
Give them a story:
It’s not enough to let your donors know for what you need the funding. Give them a detailed story of everything behind the cause. You can consider having the story told in a blog so it can reach out to people who don’t visit your site. Pictures and videos posted along with them prove to be very effective.
-
Extend your social media outreach:
Create accounts in various social networks in the name of your campaign. Ask your organization members and its supporters to share your fundraising campaign through their pages. Create online events through your page (for example, help baby Mary raise fund for her operation).
-
Giving incentives:
If you are running a crowdfunding campaign as a college student raising money for college expenses, showing your gratitude for their generous donation is a must. It does not have to be an expensive gift. Even a gift basket, self-made card, or a thank you email would suffice. The donors will find it motivating. Also, posting a picture of your latest grades or transcripts to show that people’s hard earned money is going to the right place and not just being blown away.
-
Engage with donors in real life:
You can pour in all your efforts on the internet trying to raise funds. But nothing works better than interacting with the donors personally. Don’t forget that your family, friends and neighbors are the very first potential donors to your cause or project. Family gatherings, small backyard parties, inviting your colleagues over for a get together are very good ideas.
-
Press coverage is a must:
Although social networks are a huge deal, getting press coverage is necessary. You can get articles published in university and local newspapers. This will have a major impact drawing crowds from the student community.
-
Quantitative deadline strategy:
This involves setting up a deadline for the goal (example: $100 away from our $3000 goal and only 5 days to go)
http://myefunder.com is the #1 crowdfunding site and has huge community support and gives crystal and clear idea on crowd funding. Please follow, like and share us and our content on all social media.
Choosing the Right Crowdfunding Site
Choosing the Right Crowdfunding Site
Are you planning to start a crowdfunding campaign to raise money for your cause, upcoming project or convert your concept into a real product? It can be a difficult and sometimes very frustrating to chose the right crowdfunding website because not all crowdfunding websites are created equally. Some of these websites are categorized as “general” where you can raise money for any type of project including asking for donations like you can do on MyEFunder, Indiegog, RocketHub and StartsSomeGood etc. Where there are many websites which are limited to specific types of projects like Appbackr which is designed to raise money for software application design projects etc. So how do you decide which crowdfunding website would be best for you and help you raise the maximum funds.
The following are different ways to choose the right crowdfunding website. This will not just increase your chances to make your campaign successful it will also give the most effective results, for example fan following, product promotion and less fee, to name a few.
Know your project or cause:
The first thing before you start searching a crowdfunding website, you need to know about your project or cause. Is it a local based project or you want to raise money from all part of the world? What type of people would get benefits from it? What is your target market? This will help you to decide the type of crowdfunding website would be best for you.
Know crowdfunding websites
Search engines like Google, Bing and Yahoo will list of many crowdfunding websites. Visiting all of these sites and learning their terms and condition, their process to pay out funds and how to start campaign can take lot of time but this step is necessary and important. If not, you may end up choosing the wrong crowdfunding platform for your project or cause, which might be the most popular site but not the best place for your crowdfunding campaign. It is a very time consuming process to evaluate each and every crowdfunding website but well worth it. To make it easy for you, we have listed the following basic information about some of the top crowdfunding websites:
- MyEFunder.com: Personal causes and any project including both creative and non-creative, equity crowdfunding, micro peer-to-peer lending, and real estate crowdsourcing. Both US and International Crowdfunding. MyEFunder is free to sign up, free to start a campaign and does not charge a fee for it’s services. In addition to being very user friendly and easy to promote and maintain.
- Kickstarter: Only for creative projects and you must be based in Unites States.
- Indiegogo: You can start any type of project here including charity and donation.
- RocketHub: Open to all projects but new ideas are most appreciated.
- StartSomeGood: Website for international users which is opened for any kind of project.
- Lucky Ant: Open to all hyper-local projects; must be locally based.
- Appbackr: Only software and application related projects accepted.
- Wefunder: If you are looking for equity funds, then Wefunder is ideal for you.
- NewJelly: A special crowdfunding website to promote artists around the world
- Cofolio: Looking funds for small business? Cofolio help to raise money for small business.
- Peerbackers: A crowdfunding site for entrepreneurs “and their dreams”.
Explore crowdfunding website:
Once you know about the different websites, the next step is to rank them on the bases of their features, options, fee and business model structure etc. Explore similar projects and what types of projects got the most funding on these websites. You may have your own criteria to rank each of these website. You will also find blogs and commentary about the sites out there that can provide you with some guidance and insight.
Top Crowdfunding Platforms for Projects
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.
What Are Angel Investors?
How to get the best out of your angel investors
When someone has a fresh new idea, and they want to set up a company based on the concept, the first and the foremost thing they need is investment. It really is a tough job trying to find those angel investors who are willing to put down money because of their faith and trust in you. So, if you are one of these entrepreneurs, scheduled for a meeting with a potential investor, there are many things to bear in mind despite the best presentation you have prepared.
Things to bear in mind before the meeting
Know this for a fact. Your angel investors already know most things about you. It becomes your responsibility to change that most into everything. It could take up a positive or a negative path. It all depends on you. It is necessary to have a plan drafted as to where you want to be in the next five years. This shows how firm you are about the success rate of your business. In case the investor was introduced through family or friends, make sure to have a casual meeting at gatherings or parties before the business meeting in order to make a good first impression.
Things to bear in mind during the meeting
You should give him or her clear understanding of what kind of a person you are and about your goal and visions of the company. It is all about presenting the concept effectively. Practice at home in front of your family or friends and ask for an honest feedback. Be prepared for any questions from the investor. If he/she agrees to invest in your company, prepare a letter of intent. But, if it is someone introduced through family/friend, a verbal agreement should suffice.
Other funding sources
So, the investor does not have to be a single individual. One of the best ways in the recent times to find investments is through crowd sourcing. Crowd funding is not only effective to find investors, but it is how generous people pool out their resources for relief during disasters and other such noble causes. It offers a platform for start up business that seeks to learn from the experiences of others and also avail funds by networking through the community. There are many crowdfunding Netherlands sites on the internet that help you gauge customer reactions about various products or services your company is providing, http://myefunder.com is one of the best and reliable sites to find investors.
Raising Money for Charity from Crowdfunding
How to raise money for charity through online sites
Long gone are the times when blogging, articles and banners were simply used as marketing tools to earn money. They now form a sturdy platform for crowd source funding. They can be put to the use of noble causes like raising money for charities. Since the internet is something millions of people has access to, you can raise a large amount of money in a short period for a particular cause. So, if you are planning to set up one of these online fundraising sites, here are some pointers on how to run a successful charity site.
Effective tips for charity blogging sites
The basic rule for websites which are dedicated to raising money for charity is maintaining a good relationship with bloggers and other main streamers on the internet. Their opinion about you is most important. They need to trust you and have faith in your motto, because any kind of news spreads like a virus online. These main bloggers and writers will act the part of carriers. So, try to make them understand your goals and the charitable causes you are affiliated with. If they believe and respect your work, you might wake up the next morning to your website trending on the search engine with all the traffic generated by those popular blogs that you never knew existed until now.
Many creative ideas can be used to draw the focus of people to crowd funding sites. For instance, making videos of the charitable cause which you are promoting is a good idea. You can post these videos on the website and share the link of the video with popular bloggers and writers. Before making videos, cause should be always motivating. People who have donated before will continue to do and the newcomers will be impressed with the changes their money is making. You can soon expect the news to travel through various social media portals like wild fire.
Another interesting concept would be to hold auctions on your website. Raising money for charity just by convincing people can be tricky. When times are hard, you can opt for auctioning various items which were also donated by generous people. Jewelry, clothes, hard to find novels, classic furniture’s, sports gears, every item that was given away in an act of donation. You can create accounts in the website’s name and as the administrator, personally engage in interactions with the donors, even can find the website like http://myefunder.com to get bunch of investors.
