It would be no wrong to say that by using crowd funding techniques, money can be collected like it is being grown on trees. But, that is only possible if the crowd funding platforms alongside the crowd funding techniques are used efficiently. According to a recent result of a six whole years of study about the collection of funds, it has been stated that entrepreneurs are made enabled to collect funds at large scale from world’s renowned investors provided if the use of crowd funding technique is done in the righteous manner. This study was conducted by a well-known crowd funding platform namely “Equity Net.com”. In addition to it, the study furthermore highlights the following points in depth in order to raise money for any cause.
Location of the Fundraising Event:
A large amount of “can-be-gathered” money depends upon the location of fundraising program. The study emphasizes that most of the business deals and setups are held right in the middle of United States of America. So, it would be better to introduce your fundraising program there rather than any coastal or Alley area.
Respectable Amount of Funds is to be requested:
The demand of the funds should not be much higher, as it gets harder for the company to pay. Somehow, if the company releases the requested demand of the funds, would not be paying attention on your up-coming fundraising events ever again. The amount that is to be demanded must remain under 50% of the business deal of investment capital.
Event should be of Median Length:
The duration period of the fundraising event is also an important factor. It should not be long enough that companies who were willing to release the funds gradually lose their interest. At the very same time, the event should not be short campaigned that most of the companies are left unaware about the fundraising program. According to the Equitynet.com, a well-known crowd funding china the management should rather adopt a median length of fundraising event.
Detect and Target Profitable Business Groups or Companies:
Before managing any fundraising event, it is to be researched that which business groups or companies are generating respectable amount of revenue. The demand of the profit should me requested accordingly. Most of the business groups don’t generate that much profit as people from outside think so. So, it is to be detected first that which companies are running the profitable business in the running year.
Bottom-Line:
While concluding, it can be said that crowd funding platforms do play an important role in the collection of large amount of funds within a relative short span of time period. However, there are some techniques involved in utilizing the crowd funding platforms in a better way that ultimately will draw the attention of giant investors in the market. The point to remember is that always stay flexible when it comes to dealing with the business groups. The flexible and median attitude will definitely attract the investors to donate the money to such a fundraising team that listens and work accordingly.
Tag Archives: Fundraising
An Introduction to Crowdfunding & Crowdfunding Platform:
Crowdfunding has been termed as one of the most effective forms of collecting funds at wide scale. In addition to it, the surplus amount of funds beside the targeted goal can be achieved by utilizing online (internet) resources and means. Before getting into any course of action regarding the fund collection programs, it is very important to have some handy knowledge especially about crowdfunding platform.
What Is Crowdfunding?
It is one of the latest techniques that have been introduced to collect funds on big scale. Basically, it involves the effort of each and every individual working in the same team according to their capacity. The joint effort of team can only achieve the targeted amount of funds while using this technique. You simply can’t rely on a single team member or the leading team member and cannot even mark him\her responsible for any blunder. In order to collect huge amount of funds at comparatively large scale, for this purpose, there are especial crowdfunding platforms that offers different team to come-in, join, and raise funds. These funds are mostly gathered for natural disaster victims or the patients who have been diagnosed with any of the life taking disease that includes cancer, aids or hepatitis. Moreover, these funds also support journalism and other different media personnel communities. It depends on the cause for which the fund is being collected using crowdfunding platform.
How to Collect:
The primary crowdfunding platform has always been remained the online resources. There are especial fundraising letter templates available online through which fundraising letters are sent to the officers at different posts in well-known companies. The lay-out of online fundraising letter template offers the writer to request and state point-to-point discussion about the cause of collecting funds. The higher the number of resources the team has, higher the expectations are to gather large amount of funds. Again, It depends upon individual capacity of each and every member of the team. Hence, in order to collect large amount of founds, members of the team are required to be highly enthusiastic, dedicated, committed and definitely maximum in numbers.
How Far the CrowdFunding Idea has prevailed:
It has been noticed that crowdfunding platforms are being used to support different political causes, art campaigns, software developments, and disaster relief programs. The scheme has prevailed up to a great extent that many multi-national companies have not only supported this idea but are also working actively and seeking new ideas of establishing crowdfunding platforms. The idea of collecting funds using crowdfunding platforms has created such a hype in recent years that many well-known businessmen apart from their usual business setups have established dedicated organizations whose foremost duty is to investigate and propose different ideas of collecting funds through crowdfunding technique.
Bottom-Line:
Online crowdfunding platform is still considered as primary stage to startup the collection of funds. However, there is still much room available to propose and practice different ideas in this field, making it more efficient, quicker and highly responsive. Think tanks have already focused their hawk eyes to establish other great crowndfunding platforms to ease the difficulties of this emerging world.
Top Crowd Funding Websites that can Provide them Real Investors
The most famous crowd funding website is kickstarter. This website is considered most famous and oldest crowd funding website. The specialty of this platform is that it has seventy four thousand projects at one time on it. Moreover donors raise large amounts through this website. Investors also invest a lot easily. This website is loved by the people because they donate for different fields. Those fields are art, games, technology and design. So people from different areas can come to this platform and can raise funds.
Second most famous crowd funding website is webfunder. This website is based on investors and it helps people to find investments. This website helps you to find minimum investment of $100 to the largest amount. Day by day this website is getting famous because of number
of investors. Investors are joining this website and they are ready to make small and large investments. So come and present your business plan on the website and find the right investor.
Third famous website is crowd funder. This website is based in Los Angeles. This website is working like a social networking website where investors and entrepreneur’s meet each other.
This website is famous because of its tools and start-up plans. This website also run different contest and provide cash prize on it. So all those people who are best in giving business ideas can join this website and can get a chance to try their luck. Indigogo is also very famous crowd funding website. This website is also raising millions of funds and has large networks. The basic
theme of this website is to generate ideas and ask people to donate funds on that plan so that it can be accomplished.
WO Funding is also very famous crowd funding website. This website is also based on investors and professionals. Now days this website is getting famous day by day because of media exposure and social networking websites. There are many more websites that are famous of crowd funding. Famous names are seedinvest, Quirky, startsomegood, believers fund,fundraising etc. All these websites are based on same theme and people are finding investors from these websites easily.
Top Crowd Funding Websites are playing very major role in our business ideas. They help us to change our business plans into reality. So don’t worry if you don’t have money and you want to start your own business. Just join any crowd funding website and make your dreams come true.Just you have to join any famous crowd funding website and start working easily.
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