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Crowd-Funding Success Usually Brings New Challenges

Startup Professionals Musings

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. The administration of legal conditions, signatures, disclosures, and distributions is a nightmare. Marty Zwilling.

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Is Crowd-Funding the Answer When Investors Decline?

Startup Professionals Musings

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. The administration of legal conditions, signatures, disclosures, and distributions is a nightmare.

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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. Proposal content is too short to be meaningful.

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7 Reasons Smart Startups Establish 'Coopetition'

Startup Professionals Musings

As a startup advisor, when I suggest cooperating with competitors, most entrepreneurs initially think I'm crazy or suggesting something illegal. For example, think of all the specialized social-media sites that allow the use of your Facebook or Twitter credentials, instead of forcing a new one. Be cautious, but not paranoid.

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Crowd-Funding Success Usually Brings New Challenges

Gust

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. The administration of legal conditions, signatures, disclosures, and distributions is a nightmare.

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The Ultimate Inventor’s Guide to Inventing Things

Up and Running

So, if I were going to invent something, I’d probably start by creating an affordable jeweler’s workbench, not least because I’d be able to test it, and because I already know all the distribution channels I’d need to hit in order to sell it. See Also: Market Research Resources for Entrepreneurs. The non-disclosure agreement (NDA).

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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. Proposal content is too short to be meaningful.