Crowdfunding vs. Traditional Investors

by / ⠀Startup Advice / January 4, 2013

As most entrepreneurs know, lack of access to capital is one of the biggest hurdles for startups to overcome. Some young companies try to avoid this problem by raising money through angel investors, venture capitalists, or other ways of private funding.  No startup just finds investors. It can take quality time that could be better spent on enhancing and developing your business. That is why I believe startups…

Crowdfunding? Make Sure You Have the Crowd First

by / ⠀Startup Advice / December 23, 2012

More and more entrepreneurs are using crowdfunding to raise dollars and awareness for their startup ideas, yet many people overlook a key principle: before you can get the funding, you have to have the crowd. A big misperception about crowdfunding is that you don’t need an audience or a marketing budget. That all you need is a good idea and it will magically fund itself. The wishful thinking…

Is Crowdfunding Right For Your Business?

by / ⠀Funding Startup Advice / November 9, 2012

There’s been a lot of recent buzz around crowdfunding, but is it best for your business? Crowdfunding can be particularly useful for idea stage startups, because without the figures to base a loan upon it can be difficult to get a bank to lend you the money, and often it’s too early for angel investors. Finding investors requires a large network, but putting together a contact-base from scratch takes a…

Ignore the Naysayers—The JOBS Act Will Create Jobs

by / ⠀Funding / October 7, 2012

The JOBS Act, the law that allows companies to raise capital via “crowdfunding” for the first time, is appearing more and more in the news. Many people, rather than looking forward to raising capital, are instead raising alarms. Just to take a couple of examples, The North American Securities Administrators Association (NASAA) called it a danger facing investors, saying the act could “unwittingly open a floodgate of fraud.”…

Startups – There’s a New Fuel Heading Your Way!

by / ⠀Funding Startup Advice / June 12, 2012

By this time, most startups and entrepreneurs have probably heard about the JOBS Act and the implications for the crowdfunding industry.  With the enabling legislation under the JOBS Act, startups will be able to utilize the power of the crowd to actually source investments as opposed to only soliciting donations for business ideas.   Startups will be permitted to raise equity investments through online platforms that will be…


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