When someone raises money with the help of multiple people, they take part in crowdfunding. If you have been on Kickstarter or Patreon, just to name a couple of sites, chances are that you know what this process entails already. What if you haven't done crowdfunding, but would like to so that your project can get off on the right foot? With the following do's and don'ts by Robert Jain in mind, this will be an effortless task.
DO create your project with a specific idea in mind. If you don't know what exactly you're raising money for, others won't support you. Goals associated with crowdfunding are numerous, according to names along the lines of Bob Jain. You might want to create a board game, develop an invention, or write a book. Ideas like these are common in the crowdfunding world, but it's important that you have a specific goal all the same.
DON'T let your project go unseen. This is especially true during the developmental stages. You can speak about your project all you want, but it won't be nearly as effective if it lacks visual aids. If you're creating a game, for example, you might want to show off some character art or demo screenshots, both of which can raise awareness and interest for the project in question. When you offer this type of information, crowdfunding becomes more effortless.
DO know that marketing goes a long way. Depending on what your crowdfunding project entails, some channels may be more useful to you than others. For example, if your project has more of a local focus, you may get use out of traditional methods. On a national scale, though, social media is where your attention should be focused. With networking platforms like Facebook, Instagram and LinkedIn at your disposal, marketing will be a nonissue.
DON'T become impatient if growth is slow. Despite some of the success stories on the Internet, not all crowdfunding efforts generate overnight success. For most people, it can take a number of weeks until the financial goal is met. Don't let slow results bring you down, as these are normal in the world of crowdfunding. Patience goes a long way, so continue to work hard and don't stray from the goal in front of you.
DO create your project with a specific idea in mind. If you don't know what exactly you're raising money for, others won't support you. Goals associated with crowdfunding are numerous, according to names along the lines of Bob Jain. You might want to create a board game, develop an invention, or write a book. Ideas like these are common in the crowdfunding world, but it's important that you have a specific goal all the same.
DON'T let your project go unseen. This is especially true during the developmental stages. You can speak about your project all you want, but it won't be nearly as effective if it lacks visual aids. If you're creating a game, for example, you might want to show off some character art or demo screenshots, both of which can raise awareness and interest for the project in question. When you offer this type of information, crowdfunding becomes more effortless.
DO know that marketing goes a long way. Depending on what your crowdfunding project entails, some channels may be more useful to you than others. For example, if your project has more of a local focus, you may get use out of traditional methods. On a national scale, though, social media is where your attention should be focused. With networking platforms like Facebook, Instagram and LinkedIn at your disposal, marketing will be a nonissue.
DON'T become impatient if growth is slow. Despite some of the success stories on the Internet, not all crowdfunding efforts generate overnight success. For most people, it can take a number of weeks until the financial goal is met. Don't let slow results bring you down, as these are normal in the world of crowdfunding. Patience goes a long way, so continue to work hard and don't stray from the goal in front of you.
About the Author:
If you would like more details about finance in general, contact Bobby Jain today.
No comments:
Post a Comment