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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. Be extra careful with your intellectual property.

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Crowd-Funding Success Usually Brings New Challenges

Startup Professionals Musings

But from my perspective in really helping entrepreneurs, both fall short on several counts: Focus too much on the product, not enough on the business model. The key success factors of the business model (how a business survives and grows), management expertise, and financial projections will likely get overlooked.

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Is Crowd-Funding the Answer When Investors Decline?

Startup Professionals Musings

But from my perspective in really helping entrepreneurs, both fall short on several counts: Focus too much on the product, not enough on the business model. The key success factors of the business model (how a business survives and grows), management expertise, and financial projections will likely get overlooked.

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

Startup Professionals Musings

These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events. Crowd-sourcing tools, usually Internet applications, use the social media to poll for interest, feedback, and ultimately some funding for the startup. Intellectual property is jeopardized.

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Crowd-Funding Success Usually Brings New Challenges

Gust

But from my perspective in really helping entrepreneurs, both fall short on several counts: Focus too much on the product, not enough on the business model. The key success factors of the business model (how a business survives and grows), management expertise, and financial projections will likely get overlooked.

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HOW TO: Build an App for Your Small Business

mashable.com

Contact Us Submit News Contact Us Write for Us Spark of Genius Series Mashable | The Social Media Guide Business Mashable on Facebook Join Us! This post originally appeared on the American Express OPEN Forum , where Mashable regularly contributes articles about leveraging social media and technology in small business.

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Crowd-Funding is a Bad Approach for Startups

Startup Professionals Musings

These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events. Crowd-sourcing tools, usually Internet applications, use the social media to poll for interest, feedback, and ultimately some funding for the startup. Intellectual property is jeopardized.