Crowdfunding is the process by which money is earned due to the support of numerous individuals. While this practice has been done in many venues, it's most common online these days, as evidenced by such sites as Kickstarter and Patreon. If you're going to crowdfund for an upcoming project, there are a few things to be aware of. Here are some useful do's & don'ts that Robert Jain can provide.
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 promote your project as much as you can. There are many channels that you can use to promote your project. Among these are the various social media networks where millions of users gather. You'd be surprised by how much attention you can get on Facebook, Twitter and other such networks. By utilizing these platforms for promotional purposes, you can draw more attention to your crowdfunding efforts.
DON'T forget to exercise patience. One of the most notable characteristics of any crowdfunding effort is that it takes time to build interest. What this means is that if you expect to hit your goal overnight, you'll be disappointed. Instead, allow the project to run its course, obtaining funds and support in the process. By being patient, provided your idea is interesting enough to support, your crowdfunding efforts will be nothing short of remarkable.
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 promote your project as much as you can. There are many channels that you can use to promote your project. Among these are the various social media networks where millions of users gather. You'd be surprised by how much attention you can get on Facebook, Twitter and other such networks. By utilizing these platforms for promotional purposes, you can draw more attention to your crowdfunding efforts.
DON'T forget to exercise patience. One of the most notable characteristics of any crowdfunding effort is that it takes time to build interest. What this means is that if you expect to hit your goal overnight, you'll be disappointed. Instead, allow the project to run its course, obtaining funds and support in the process. By being patient, provided your idea is interesting enough to support, your crowdfunding efforts will be nothing short of remarkable.
About the Author:
If you would like additional information regarding finance in general, contact Bobby Jain today.
No comments:
Post a Comment