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crowdfunding

5 Key Things Most People Forget When Crowdfunding Their Passion Project

by / ⠀Entrepreneurship Funding Startup Advice / June 9, 2014

Have you thought about starting your own passion project but feel like it isn’t possible because of limited resources? Maybe it’s time you look into crowdfunding and how it can turn your project into reality by having the support of like-minded people. A successful crowdfunding campaign is all about community and how well you communicate your story to get people behind your cause. Through crowdfunding, I was able…

Off on the Right Foot – Interview with Startup Nice Laundry Co-Founder Ricky Choi

by / ⠀Entrepreneur Interviews Entrepreneurship / March 11, 2014

From Kickstarter Success to Fully Scaling a Growing Startup Ricky Choi is a young entrepreneur who not only cares about his style, but makes sure to keep his friends up to date on fashion as well. Nice Laundry co-founder Phil Moldavski was a fashionable guy from head to toe – except when it came to his socks.  “Phil would come to work dressed in a nice pair of jeans,…

The Ultimate Crowdfunding Checklist

by / ⠀Entrepreneurship / March 4, 2014

  The popularity of crowdfunding platforms like Kickstarter and Indiegogo have helped thousands of people, including myself, get access to capital to bring products and services to market. Raising money via crowdfunding to launch products, or even sell equity in your company is entirely possible. The main problem with these platforms is the majority of people only hear about the extreme successes which raised millions of dollars. As…

Strange But Inspirational Crowdfunding Projects

by / ⠀Entrepreneurship Finding Customers Funding / August 2, 2013

Banks deal in financing real businesses – retail businesses, manufacturing businesses, educational institutions – things that make profits. In the Carrey movie Yes Man, the bank that Carrey works for doesn’t even like to fund tiny home businesses – little home birthday cake bakers and the like. What do you do if your idea is even more off-the-wall then home bakeries? What if you wanted money for something…

Is Crowfunding Right For Your Business?

by / ⠀Entrepreneurship Funding / July 23, 2013

Crowdfunding has taken the startup world by storm and has given business owners another choice at raising capital for their cash stricken business. Most start-ups are suitable for websites like Kickstarter or Indiegogo but some should be cautious! Outside investment can be hard and challenging but having an unsuccessful Crowdfund campaign could not only waste time and money, but also kill your drive. Ask yourself the questions below…

Crowdfunding: The Legal Need-to-Know

by / ⠀Startup Advice / May 9, 2013

I’m going dispel a myth right now: You cannot legally sell equity through a crowdfunding website in the US right now.  But you will be able to soon.  Well, sometime soon.  Here I’ll tell you what you’ll be able to do under the new crowdfunding law, and what you can do right now. Many business owners know there’s some kind of registration requirement that goes along with fundraising,…

In Crowdfunding We Trust?

by / ⠀Startup Advice / May 1, 2013

Crowdsourcing, a relative new term coined by Jeff Howe, is becoming an emerging trend in the marketing world. From Facebook translations and Wikipedia collaborations to Pepsi can design contest, crowdsourcing is the act of receiving contributions such as ideas or services from a large population of people (usually online) instead of from hired employers. This allows participants to feel the power of involvement while companies get publicity for…

ABC’s of Crowdfunding

by / ⠀Startup Advice / March 6, 2013

Ask for contributions. Obvious right? Of course it is. This is your call to action, your tool for success, and all it is, is a 3 letter word—just ask. It’s one thing to showcase your campaign and say “Check out my project, isn’t it cool?” It’s a completely different thing to say “Check out my project, isn’t it cool? I’m raising funds to expand my operation, create jobs,…

Tips for a Successful Crowdfunding from Record-Setting Entrepreneurs

by / ⠀Startup Advice / February 25, 2013

We often hear from entrepreneurs looking for success tips for launching a successful crowdfunding campaign. While there’s no magic solution or secret weapon to guarantee funding, studying other successful campaigns can provide you with insight on how to increase your chances of success.  A perfect crowdfunding success case study comes from two young entrepreneurs who recently launched a fitness app called Bodbot through the Fundable platform. They reached…

How Can Crowdfunding Help Entrepreneurs?

by / ⠀Startup Advice / February 6, 2013

You have a dream. A goal. A vision. A labor of love. You have the tenacity to see it through, attract the right team of people to make it happen and the emotional support of those around you. The only thing you don’t have is the bank account to finance your payroll, your supplies, and the macaroni and cheese you’re happy to eat while you’re building your dream.…

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