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

Startup Professionals Musings

Certainly both of these crowd-funding approaches provide the entrepreneur with an opportunity to hone his pitch, and get some real consumer feedback on the idea. The administration of legal conditions, signatures, disclosures, and distributions is a nightmare. Non-disclosure agreements can’t be done in these environments.

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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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Crowd-Funding is a Bad Approach for Startups

Startup Professionals Musings

Certainly both of these crowd-funding approaches provide the entrepreneur with an opportunity to hone his pitch, and get some real consumer feedback on the idea. The administration of legal conditions, signatures, disclosures, and distributions is a nightmare. Non-disclosure agreements can’t be done in these environments.

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How to Start Your Own Business While You’re Still Employed

Up and Running

Parsons is not unique; many other eminent and successful entrepreneurs kept their day job while starting a business. Who is your target audience ? How will you distribute your product? Interview your target audience to see if they actually have the pain point, which you are about to solve. Do you have a product?