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7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

Here are seven lessons I’ve accumulated from real life experiences on how crowdfunding can lead you astray -- and guidance on how to offset these potential negatives: Keep your attention on the business model as well as the solution. Don’t forget to account for the time and cost of crowdfunding campaigns.

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5 Factors That Set Your Best Startup Funding Strategy

Startup Professionals Musings

Alternatively, with minimal response, you need to rethink your business plan. Yet overall more than two-thirds of crowdfunding campaigns do not meet their monetary goal and have to return anything they do collect. Business-to-business products need professional investors. Crowdfunding is not the best platform here.

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Don’t Count on Crowd-Funding to Save Your Startup

Startup Professionals Musings

But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. The key success factors of the business model (how you make money), management expertise, and financial projections will likely get overlooked. Intellectual property is jeopardized.

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Crowd-Funding is a Bad Approach for Startups

Startup Professionals Musings

But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. The key success factors of the business model (how you make money), management expertise, and financial projections will likely get overlooked. Intellectual property is jeopardized.

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HOW TO: Build an App for Your Small Business

mashable.com

When you’re working with a freelance or contract developer, make sure you have all your paperwork — from non-disclosure agreements to invoices and beyond — signed and sealed early in the process. More Business Resources from Mashable: - Social Media Marketing 101: In-House Team, Agency or Consultant? -