Crowdfunding: The Future For Start-ups!

Do you believe in magic? Well, I don’t know what your answer is, but one is for sure that crowdfunding can certainly create some magic. If a crystal ball existed in which you can see the future for investing in startups, especially for small business, it would have shown one word: crowdfunding.

For many, it may be a new investment approach, but will soon become the foundation of most startups in the near future. Startups require capital, and crowdfunding allows the crowd to provide capital at all stages of a startup’s life.

Check out the three main players in the crowdfunding model:

The project initiator: This is the one who comes with an idea or project. It can be anybody: an artist, an entrepreneur, or a startup business looking to raise funds.

Platform: In order to raise money, you need an actual marketplace such as FundMybizness for raising money and to gauge market demand.

Crowd: These are the individuals or groups who support and donate to the idea or project. The initiator (entrepreneur) would select a platform, set a fundraising goal and timeframe to raise the money. After that, he/she would market the project to as many potential funders as possible using friends and family, other connections, and social media.

Crowdfunding is a numbers game!

Do you know why they call Crowdfunding a numbers game? Because it’s all about volume. The crowdfunding site itself serves the purpose of increasing this volume, but it is always better to get as much as you can. Having said that, you need to be on your toes when it comes to attracting traffic and catching eyeballs on your pitch. You need to choose one of the best crowdfunding platforms such as Fundmybizness. That is why the economic pundits say – a crowdfunding project should be thought of and planned as a marketing campaign.

When it comes to marketing, a company should focus on digital channels, because those are the most scalable ones. Make sure that you are not using the same marketing mix every time. Well, the strategy that worked for one campaign might not work for others. However, every successful business has one thing in common; they share a good story.

How Fundmybizness helps you with crowdfunding?

Fundmybizness is one of the leading digital fundraising partners. We have helped many ambitious businesspersons in growing their business faster and to compete with other players around the globe. Businesses raising funding with us get:

• Access to a valuable investor network

• Visibility in Fundmybizness’s marketing channels

• Hands-on support throughout your funding campaign

• fundmybizness.com crowdfunding platform, including pitch structuring tools, integrated payment systems, and investor authentication checks done for you

• Digital legal documentation process with easy document templates

The whole world is upbeat about crowdfunding these days; so why you lag behind? It is time to unveil the power of crowdfunding and start something new.