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eppela (it) Peerbackers (us) FunderHut Wefunder (us) The Do’s and Dont’s of Crowd Funding I wrote about crowd funding sites a few months ago. Looking at who should use them and under what circumstances. So when I received an e-mail the other day from the guys at BalconyTV requesting support on a fund it campaign to build a new website, I decided to check it out. For those of you who don’t know of BalconyTV they started in Dublin about five and a half years ago with the premise of uploading a video to Youtube every day. Each video would feature a local or possibly an international act performing live on their balcony. They are asking their mailing list to help them raise $4K to build a new website. I see three flaws in how they are running their campaign. Firstly they have given themselves only a few days in which to raise the needed money. It has been proven that campaigns that imply a time restraint tend to have a better outcome. Granted with 20hrs to go BalconyTVs campaign they had raised $1,891, but that’s usually from your closest friends and most loyal followers. How?

Note d'observation Crowd Power: What Is Crowdfunding? [INFOGRAPHIC] Since its inception as a way to expose new lines of credits outside of traditional bank loans, microfinance has evolved with the ages. Seeded by the Grameen Bank, industry trailblazers like Kiva and Prosper applied the concept of microlending to the Internet, spawning people-to-people lending. The newest breed of microfinance — crowdfunding — is fast growing in popularity. In this infographic, we take a closer look at how crowdfunding works and how viable it is. Click the infographic for an enlarged view. Infographic by Column Five. Embed this infographic on your own site: <a href=" src=" alt="Crowd Power: What Is Crowdfunding? Monica Appelbe is a member of Intuit’s Small Business communications team.

EarlyShares (us) Your Guide for Raising Money Online | FunderHut Crowdfunding can be an excellent tool for propelling your small business, supporting a nonprofit, or helping a loved one. It can also be a daunting task, but have no fear, our team did some research and put together this nifty guide that helps explain the before, during, and after a crowdfunding campaign. We hope you find it useful in making your crowdfunding project a success! If you have any suggestions, please add them in the comments section below, we’d love to hear them! Starting a Crowdfunding Project Before starting a project there are some important questions that you must ask yourself: - Will people be interested in what I am offering? The NettieBear® project provided a great timeline, telling contributors specific dates to expect. Pre-Launch Planning In order to achieve the most success starting a FunderHut Project, you must plan ahead. 1. FunderHut Tip: If possible, shoot for a lower amount the first time so that you would be more likely to hit the 100% mark. 6. Pre-Launch Setup