Posts tagged Crowdfunding

Getting funding for your great business idea doesn’t rely solely on the largess and shrewdness of investors with venture capital. There are a number of other ways to get the money you need to get your business off the ground, including:

Corporate sponsorship. Corporate sponsorship isn’t right for everyone, but for some it’s a good way to help get your small business off the ground. Many large companies are willing to help fund small businesses if they are confident they can get something in return.

From OPEN Forum’s “5 Ways to Fund Your Small Business (Without VCs)”

Getting funding for your great business idea doesn’t rely solely on the largess and shrewdness of investors with venture capital. There are a number of other ways to get the money you need to get your business off the ground, including:

Corporate sponsorship. Corporate sponsorship isn’t right for everyone, but for some it’s a good way to help get your small business off the ground. Many large companies are willing to help fund small businesses if they are confident they can get something in return.

From OPEN Forum’s “5 Ways to Fund Your Small Business (Without VCs)

10 Untraditional Ways to Raise Cash Fast
There are any number of reasons why a business owner may find themselves strapped for cash, but there are just as many ways to find the funds necessary to keep you going:
Business cash advances
Deferred card payments
Loans from online loan sites
Crowdfunding
Microloans
Factor invoices
Credit from vendors
Sales and annual discounts
Home equity loans
ROBS programs on your 401(k)
Small Business Trend’s Anita Campbell explains the pros and cons of these fundraising options on OPEN Forum.

10 Untraditional Ways to Raise Cash Fast

There are any number of reasons why a business owner may find themselves strapped for cash, but there are just as many ways to find the funds necessary to keep you going:

  1. Business cash advances
  2. Deferred card payments
  3. Loans from online loan sites
  4. Crowdfunding
  5. Microloans
  6. Factor invoices
  7. Credit from vendors
  8. Sales and annual discounts
  9. Home equity loans
  10. ROBS programs on your 401(k)

Small Business Trend’s Anita Campbell explains the pros and cons of these fundraising options on OPEN Forum.

Crowdfunding is one of the many ways business owners can secure funds for their great ideas. But with hundreds of thousands of projects looking to sites like Kickstarter and Indiegogo for dough, it’s by no means a cash cow. That’s why you should read The Next Web list of the three common misconceptions about crowdfunding before you think about launching a campaign of your own.

Crowdfunding is one of the many ways business owners can secure funds for their great ideas. But with hundreds of thousands of projects looking to sites like Kickstarter and Indiegogo for dough, it’s by no means a cash cow. That’s why you should read The Next Web list of the three common misconceptions about crowdfunding before you think about launching a campaign of your own.

Veronica Mars’ fans made crowdfunding history when they helped bring the canceled TV series to the big screen via a record-breaking Kickstarter campaign. ($5.7 million from more than 91,000 backers.) 
OPEN Forum’s Rod Kurtz (pictured here with Veronica herself, actress Kristen Bell) shared the lessons entrepreneurs should take from the campaign’s epic success, including:

1. Be authentic. This may be the idealistic fan in me, but every correspondence during this project, and every conversation I had with the cast, convinced me this was a group of people that genuinely believed in the work they were doing—and created it for their fans. No matter your industry, and whether you’re using crowdfunding or not, start something for the right reasons.

Via OPENForum.com: “What I Learned from ‘The Largest Kickstarter Project of All Time in the Entire Universe’”

Veronica Mars’ fans made crowdfunding history when they helped bring the canceled TV series to the big screen via a record-breaking Kickstarter campaign. ($5.7 million from more than 91,000 backers.) 

OPEN Forum’s Rod Kurtz (pictured here with Veronica herself, actress Kristen Bell) shared the lessons entrepreneurs should take from the campaign’s epic success, including:

1. Be authentic. This may be the idealistic fan in me, but every correspondence during this project, and every conversation I had with the cast, convinced me this was a group of people that genuinely believed in the work they were doing—and created it for their fans. No matter your industry, and whether you’re using crowdfunding or not, start something for the right reasons.

Via OPENForum.com: “What I Learned from ‘The Largest Kickstarter Project of All Time in the Entire Universe’

image

Thinking about a Kickstarter campaign but doubting your project?  Here are some bizarre ideas that got crowfunding:

  • Pizza Brain - world’s first pizza museum and restaurant
  • The Griz Coat - “It’s not a costume. It’s a lifestyle.”
  • Lady Dinah’s Cat Emporium - a place for diners to interact with rescue cats who are free to roam the indoor and outdoor spaces

Read more on OPENforum.com

According to this infographic, design, gaming and technology-based Kickstarter campaigns get the most funding.
Here are more articles to educate you on the crowdfunding craze:
Are Celebrities Crowding Small Businesses Out Of Crowdfunding?
The Dirty Truth About Crowdfunding
The Hidden Benefit of Crowdfunding
(via Visual.ly)

According to this infographic, design, gaming and technology-based Kickstarter campaigns get the most funding.

Here are more articles to educate you on the crowdfunding craze:

(via Visual.ly)

‘Veronica Mars’ Movie Meets $2 Million Fund-Raising Goal in One Day Through Kickstarter, the ‘Veronica Mars’ movie set multiple fundraising records. Crowdfuning was a hot topic at SXSWi and is sure to be talked about amongst the startup community this week!Would you use Kickstarter to raise money for a new business or project?
(via ‘Veronica Mars’ Movie Meets $2 Million Fund-Raising Goal in One Day - NYTimes.com - Image source)

‘Veronica Mars’ Movie Meets $2 Million Fund-Raising Goal in One Day

Through Kickstarter, the ‘Veronica Mars’ movie set multiple fundraising records. Crowdfuning was a hot topic at SXSWi and is sure to be talked about amongst the startup community this week!

Would you use Kickstarter to raise money for a new business or project?

(via ‘Veronica Mars’ Movie Meets $2 Million Fund-Raising Goal in One Day - NYTimes.com - Image source)

newyorker:

Cartoon by Mick Stevens. For more from this week’s issue: http://nyr.kr/116NtNx

Where does your start-up funding come from?

newyorker:

Cartoon by Mick Stevens. For more from this week’s issue: http://nyr.kr/116NtNx

Where does your start-up funding come from?

Getting Funded OnlineClick to embiggen (see full infographic)Crowdfunding is the next chapter for all entrepreneurs. Democratic. Worldwide. And it actually works. AngelList and Kickstarter are only getting started. Now let’s take a look at the data and trends.
(via "Becoming an Entrepreneur" Infographic Book by Anna Vital » Getting Funded - Infographic on Crowdfunding — Kickstarter)

Getting Funded Online

Click to embiggen (see full infographic)

Crowdfunding is the next chapter for all entrepreneurs. Democratic. Worldwide. And it actually works. AngelList and Kickstarter are only getting started. Now let’s take a look at the data and trends.

(via "Becoming an Entrepreneur" Infographic Book by Anna Vital » Getting Funded - Infographic on Crowdfunding — Kickstarter)