CROWD FUNDING

CROWD FUNDING
CROWDFUNDING
CROWD
FINANCING

CROWD FUNDING

PRINCIPLES OF CROWD FUNDING

HOW TO MAINTAIN YOUR PROFILE

CROWD FUNDING LINKS

CROWD FUNDING RESOURCES

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SECTION 1

CROWD
FUNDING

Crowd funding or crowdfunding (alternately crowd
financing, equity crowdfunding, or hyper funding)
describes the collective cooperation, attention
and trust by people who network and pool their
money and other resources together, usually via
the internet, to support efforts initiated by
other people or organizations.

Crowd funding occurs for any variety of purposes,
from disaster relief to citizen journalism to
artists seeking support from fans, to political
campaigns, to funding a startup company, movie
or small business or creating free software.

Another aspect of crowd funding is tied into the
United States of America JOBS Act which allows
for a wider pool of smaller investors with fewer
restrictions.

Crowd funding
http://en.wikipedia.org/wiki/Crowd_funding

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SECTION 2

THE
PRINCIPLES
OF
CROWDFUNDING

Raise money through several small contributions.

Crowdfunding is based on 5 simple principles. Learn
how to successfully raise money with crowdfunding.

That's "crowdfunding": the collective cooperation,
attention and trust by people who network and pool
their money together, usually via the Internet, in
order to support efforts initiated by other people
or organizations.

Thanks to the evolution of technology, crowdfunding
will become easier, more widespread, and successful.

Crowdfunding is based on the following principles:

1. Your Friends Are Your Capital

Your social network friends and contacts can help
you to raise capital.

2. Your Friends Make Your Dreams Come True

Any of your contacts can make a contribution,
no matter how small. Together they will help
in achieving your every wish, project, and
dream.

3. Your Capital Depends on the Number of Friends

Many contributions can build big capital. The more
contacts you have, the greater your chances of
reaching the amount you need.

4. Your Capital Depends on Trust

Contribution doesn't happen automatically. Even if
you contact a large number of people, you must still
gain their trust, especially if you don't know them
personally.

5. Your Capital Grows by Word Of Mouth

Your friends can contribute by giving money, but
also by spreading the word. This will help your
social network grow, and increase the probability
of reaching your goal.

The Kapipalist Manifesto, Principles of Crowdfunding
http://www.kapipal.com/manifesto

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SECTION 3

HOW TO
MAINTAIN
YOUR
CROWD
FUNDING
PROFILE

Crowd funding is a way to raise money for a new
business, nonprofit or other project through an
online profile that facilitates donations from
many people. The project owner writes a title
and description of the project, uploads photos
and video, sets a fundraising goal with a
deadline and describes a set of rewards for
backers.

People tend to donate to crowd funding projects
they can believe in or the owners of which they
know personally. Communication, therefore, is
the key to success in crowd funding. To maximize
the likelihood that the project will succeed,
frequent updates must be made to maintain a
crowd funding profile.

Instructions

1. Set up a blog specifically devoted to
maintaining the crowd funding project. Post
an entry at least once a week, as well as
whenever certain milestones are reached:
progress toward the fundraising goal, project
tasks completed, shout-outs to new backers
and so forth.

The more often you blog about your crowd
funding project, the more engaged you are
with the audience. This is crucial for
building support and raising the money you
need to finish your project.

2. Respond to all comments and emails. Folks
can leave comments directly on your crowd
funding profile or on specific entries on
your crowd funding blog. When you answer,
project an attitude of openness, so that
backers and potential donors will feel at
ease contacting you with any questions
they might have.

The better you are at responding to comments
and questions, the more likely people will be
to fund your crowd funding project.

3. Replace or update your profile video with a
new one every few weeks. Video is an effective
means to engage the minds and hearts of your
audience, as it attracts multiple senses.
Updating your video shows backers and potential
backers you are fully in control of your ongoing
fundraising project.

Change the video content altogether, or just
add new footage during the course of your
crowd funding endeavor.

4. Add new rewards as time goes on. Upping
the ante with more enticing rewards can give
potential backers the extra push they need
to make the decision to donate to you.

Tips & Warnings

Do not change the title or basic description of
your project. You must maintain a consistent
basic message throughout your fundraising.
This shows that you are reliable, and allows
you to build momentum for your brand.

How to Maintain Your Crowd Funding Profile
http://www.ehow.com/how_6811253_maintain-crowd-funding-profile.html

How to Create Your Own Crowdfunding Profile
http://www.ehow.com/how_6824237_create-own-crowdfunding-profile.html#ixzz1wi4GZk4g

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SECTION 4

CROWD
FUNDING
LINKS

11 Tips for Crowdfunding
http://www.socialmediaexaminer.com/11-tips-for-crowdfunding-how-to-raise-money-from-strangers/

33 needs
http://33needs.com/

Appbackr
http://www.appbackr.com/

Chip In
http://www.chipin.com/

Cofundos
http://cofundos.com/

Crowd funding
http://www.crowdsourcing.org/community/?crowdfunding/7

Crowd Funding
http://simplenonprofit.com/crowdfunding/

Crowd Funding
http://www.thefullwiki.org/Crowd_funding

Crowdsourcing and Crowdfunding
http://www.crowdsourcing.org

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Fans Next Door
http://en.fansnextdoor.com/

Funda Geek
http://www.fundageek.com/

How to borrow for your business
now while you wait for government help
https://www.creditcards.com/credit-card-news/loan-options-small-business.php

Indie Go Go
http://www.indiegogo.com/

Kickstarter
http://www.kickstarter.com/

The micro-price of micropatronage
http://www.economist.com/blogs/babbage/2010/09/micropatronage_sweet_spot&fsrc=nwl

MicroVentures
http://www.microventures.com/

Peerbackers
http://peerbackers.com/about-us/

Pozible
http://www.pozible.com.au/

ProFounder
http://www.profounder.com/

Putting your money where your mouse is
http://www.economist.com/node/16909869?story_id=16909869

Rocket Hub
http://rockethub.com/

Using Crowd Funding
http://www.usingcrowdfunding.com

What is the value of crowdfunding to nonprofits
http://www.quora.com/Crowdsourcing/What-is-the-value-of-crowdfunding-to-nonprofit-organizations

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SECTION 5

CROWD
FUNDING
RESOURCES

Angel investor
http://en.wikipedia.org/wiki/Angel_investo

Assurance contract
http://en.wikipedia.org/wiki/Assurance_contract

Crowdsourcing
http://en.wikipedia.org/wiki/Crowdsourcing

JOBS Act
http://en.wikipedia.org/wiki/JOBS_Act

Microcredit
http://en.wikipedia.org/wiki/Microcredit

Microfinance
http://en.wikipedia.org/wiki/Microfinance

Person-to-person lending
http://en.wikipedia.org/wiki/Person-to-person_lending

Threshold pledge system
http://en.wikipedia.org/wiki/Threshold_pledge_system

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