Tag: Websites for Crowdfunding

Crowdfunding Sites

Fundraising for Individuals paced by crowdfunding sites

CustomerHelp Leave a comment

The need for fundraising for an individual can arise at any point of time in life, hence clearing the air about a successful fundraising is important. The idea of crowdfunding sites in this context should also be imbibed along with the concept of fundraising for individuals.

Fundraising for individuals comprise of various reasons for raising funds for the needs of a helpless individual. These reasons could be of a variety of kinds like raising funds for payment of school or college fees, funds for treatment of illness, funds for establishing a set up for a handicapped person to earn his living etc.

Everybody is well aware of the role crowdfunding sites offer in the field of funding projects. Interestingly there are crowdfunding sites which assist to the needs of fundraising for any cause be it individual or any other kind. This articles discusses the impact of crowdfunding sites when fundraising for an individual. As we traverse through this article we come to know that this impact is more of a positive nature.

Accelerating individual Fundraising through crowdfunding sites

The market of crowdfunding sites could be easily scanned through the internet to find the correct kind of site for fundraising for an individual. MyEfunder is one of those crowdfunding sites which help raising funds for an individual.

However, suitable crowdfunding sites are not the first prerequisite of individual fundraising, the first requirement is the reason for the fundraising for which the individual is raising funds. It has to be something concrete, something that the person is really in need of, and not some superficial one.

A fundraising event is the next thing to watch out in the process. It can be of a wide variety depending upon various factors such as location, need of the individual, capabilities and thought process of the individual etc. A fundraising event can be anything ranging from a simple collection box to a fun fair, however in case of an individual, options are limited as the organiser is an individual.

Involvement of crowdfunding sites adds another dimension to the process of fundraising for an individual. It helps overcome the limitations of individual fundraising by propagating the individual cause through a wider area of funders. Crowdfunding sites like MyEfunder facilitate listing individual causes on their platforms thereby garnering funds for them from every nook and corner.

These crowdfunding sites list the events organised by the individual for the collection of funds, hence the event should be such that it would attract the funders at the very first look. It could be a physical challenge, a creative one or may be an act of simple sacrifice. Reaching to the masses is the objective of crowd funding sites; for this purpose they should be chosen in a wise manner. The act of choosing involves the inspection of the previous track record of crowdfunding sites for similar kind of fundraising as yours.

The main aspect of the fundraising is the deep emotion attached with the cause, other things are secondary.

Crowdfunding

Crowdfunding – The need of the hour for Entrepreneurs

CustomerHelp Leave a comment

With more and more alternative ideas for financing projects, entrepreneurship is scaling new heights. Crowdfunding is one such alternative scheme for raising funds for indigenous projects, in fact it is termed as one of the best available option in the market. This article gives a brief introduction to the concept of crowdfunding followed by why crowdfunding should be a preferred way to finance projects?

Crowdfunding – A Quick Introduction

Crowdfunding- as evident from its name,means funds from a crowd or a group of people. These people fund the projects in some trade-off. This Trade-off classifies crowdfunding in to two kinds: Rewards based crowd funding and Equity based crowdfunding.

A Rewards based crowd funding is the one in which the funder enjoys the products and services of the company in return for the funds offered.

An Equity based crowd funding is the one in which the investors gets shares of the company in return to the invested sum of money.

The terms and conditions could be well settled by the parties in any way they find best suited. It could be either of the two categories or a mix of both.

Crowdfunding – A wise option for funding

The idea of crowdfunding is simple but the complex part is to propagate the idea of the start-up amongst the lot of potential funders. The latter is facilitated by mediators known by the name of crowd funding platforms. Working through these platforms for crowd funding,the project could be one of the wisest decisions in the course and following points will elaborate the idea.

  1. Funding projects made easy: A budding entrepreneur might be well aware of the tedious processes followed and conditions applied when dealing with bank loans. In crowdfunding through platforms, there are very minimal processes involved and that too in a paperless, time saving manner.
  2. A self-introspection tool: A crowd funding idea implemented vide platforms provide popularity index of the idea implemented in the start-up and gives a vague picture of its future performance. Owing to the performance of the project in gathering support over the platform it can be reshaped.
  3. Lower are the risks involved: The kind of response over a crowd funding platform can be deemed as market survey and hence, can be considered as an indicator of risks involved with project. This helps to prepare better, well before the launch.
  4. Worldwide Success: Since there is a vast propagation of idea through a crowd funding platform, a lot of people get connected to it as they become a part by funding the project. The success of the project thus becomes a success for many.

This articles definitely clears some air about the roundabouts of crowdfunding thereby giving a deeper insight to the concept and its more than one functionality.

crowd funding sites

Ideas to pursue on crowd funding sites

CustomerHelp Leave a comment

Fund raising events for a cause be it personal, professional or charity; has been a popular source amongst fund gatherers world over. These events are a good source of fund raising and the ideas for organizing these events can readily be availed from numerous crowd funding sites. Crowd funding sites in addition to acting as sources for ideas are also a rich source for advertisements for fund raising events.

But now a fund raiser may get quite intimidated about which ideas to pursue on crowd funding sites for greater fund raising. We present in these articles few creative ideas to pursue on crowd funding sites.

Creative ideas on crowd funding sites

Ideas are numerous when it comes to fund raising but when it comes to crowd funding sites some specific works can attract a lot of seers. Crowdfunding sites can be a hub for raising a fund, provided that the ideas are quite lucrative enough. We present some creative and interesting ideas for presentation via crowd funding sites.

  1. Graphic Design: Graphic design projects can be good idea on crowd funding sites to gather a good amount of funds. Graphic designs are being used by firms to generate logos, emblems, placards, posters and the like for representing the ideas of the firm. Even teams resort to graphic design as a means to represent their ideology. Graphic design can thus be a good idea to start with on a crowdfunding sites.
  2. Apparel Design: Apparel design can again be a good creative idea for fund generation via crowdfunding sites. Apparel designs can serve as stepping stones for unleashing the real designer in oneself. Apparels and outfits with creative designs sell like hot cakes and so do the designs. This can be a good option to start with for fund raising with crowd funding sites.
  3. Writing: Creative writing is in hot pursuit these days. Crowdfunding sites are flooded with queries seeking a good writer to cater to various needs ranging from contents of websites, blogs and information along with questionnaires. A creative person with good skills of creative writing can employ this idea on crowd funding sites to raise funds.
  4. Online lectures: Online lectures to students can draw a good amount of funds for a fund raiser. Crowd funding sites can be utilized to deliver lectures to students and gather a significant amount of fund required for a cause. Moreover, online lectures are a good medium for students to gather knowledge while enjoying the comfort of their homes and this idea is an instant hit.
  5. Auctions: Posting advertisements related to auctions of items on crowdfunding sites can attract the attention of users worldwide. Items once used and now lying useless can be collected and put up for auction online over crowd funding sites can be a sure eye catcher for seekers of those. Auctions can further raise the amount of funds to be collected to greater heights.