//
you're reading...
Uncategorized

Crowdfunding Campaigns to Raise Capital

According to the founder of Indiegogo, a crowdfunding company, crowdfunding can be a great way to raise funds for your small business or startup. According to Slava Rubin:

Get 40% – 60% of your funding from friends, family, others that are interested in you and your business. You can then get 20% or so from crowdfunding. The additional PR you get from your crowdfunding campaign will generate a portion of the remainder of the funds.

If you have a money raising campaign, then use create and post a video as part of your campaign.

Per Mr. Rubin, the benefits of using crowdfunding to raise money are as follows:

  1. Gage demand, mitigate risks.
  2. Test your market
  3. Get extra promotion from all the extra social media.
  4. Get actual customer data. (Highly valuable, of course!)
  5. “You get money.”

To see the actual video, go to How to Run a Successful Crowdfunding Campaign

Coaching

.

Advertisements

About Tiffany C. Wright

Hi! I,Tiffany C. Wright, am the author of the ebook, "Help! I Need Money for My Business Now!!" and the book "Solving the Capital Equation: Financing Solutions for Small Businesses", available on Amazon. I am the president of Toca Family Business Services, a short-term & project-based interim management & strategic and financial advisory firm, located in Atlanta, Georgia. In the past five years I've helped small and medium companies restructure and obtain over $31 Million in financing and a similar amount in purchase orders and contracts. I have an MBA in Finance and Entrepreneurial Management from the Wharton School of Business at the University of Pennsylvania and a B.S. in Industrial and Systems Engineering from The Ohio State University. Personal: I enjoy investing. I am a prodigious reader of everything from business books, magazines, and newspapers to horror and popular fiction. I read 4-6 books per month. I also love to travel. I've been to 33 countries on 5 continents and lived in Japan for 2.5 years and aim for a foreign locale twice a year. I am also an athlete and run track on the Master's Circuit. The highlight was placing 7th in my age group in the 2007 World Master's Track and Field Championships in Italy.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

The Resourceful CEO, Tiffany C. Wright

the president of Toca Family Business Services, a strategic and financial advisory firm which provides short-term & project-based C-level management. She is the author of Solving the Financial Equation: Financing Solutions for Small Businesses, available on Amazon.

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1 other follower

%d bloggers like this: