I am sure most of you are aware with the concept of Crowdfunding. For those who aren’t, “Crowdfunding is actually raising money online, from different investors for start-up entrepreneurs and small businesses”
Simple, yeah? People are raising millions of dollars online through such opportunities..
Many people have brilliant ideas to start new ventures but sadly they lack the capital required to setup the business. Through crowdfunding, entrepreneurs and start-up business owners who need investment to support their new business can raise money from potential investors.
The gap between the investor and the entrepreneur should be close in order for this to work..
Let us discuss now what both entrepreneurs and investors have to go through to make crowdfunding a success. Entrepreneurs who are thinking about starting a new business should follow these basic steps and after a positive result, reap the delicious fruit of success.
“So are entrepreneurs made or are they only natural born leaders who transform themselves into a brilliant entrepreneur?”
So what to do if you are an entrepreneur? For starters you need to think of a solid idea and focus on it and by focus I mean not only short term, but very long term. Think how this new venture will turn out in near future, how this new business is different from others so that it may sell like hot cakes, think where you are right now and after this business starts where can you be. You need to consider the yeas! and nays! If you want to sell your idea to a potential investor you must be a 100% ready because excuses won’t cut it when the big day comes. “Focus on your campaign, keep engaging with the contributors, as soon as you start getting investment you need to expand your reach and publicize your project”.
Are you as an investor looking for new ventures or to start work on a bright idea presented by a brilliant entrepreneur? If your answer is yes, your day is going to brighten up trust me! Now this is what you need to understand that, when you make up your mind to invest in a new venture you are putting your own earnings, money online for someone else’s idea. You need to believe in that idea and that person, you need to trust him. No one can guarantee whether the business will work or not but that’s a risk which every investor face!
I personally think that the most important factor in early stage venture capital is backing exceptionally talented founders who deliver what they promise..
So you see what a marvellous thing “Crowdfunding” actually is!
Here are a few of the top Crowdfunding websites which might help you find a better entrepreneur or an investor,
Good luck to entrepreneurs for getting their unique ideas funded and also to investors so that they can enjoy return on investment!