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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 prepared to manage a crowd of inexperienced investors. Keep all IP details close to the vest.

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5 Factors That Set Your Best Startup Funding Strategy

Startup Professionals Musings

Crowdfunding, on the other hand, opens the investment door online to almost anyone who is willing to bet on a new product or service with an investment, typically for a chance to be first in line for the offering, and willing to forgo any equity or management position in the company. Business-to-business products need professional investors.

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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.

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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.

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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! Have appropriate expectations, listen to the professionals in your employ and don’t micro-manage a design or development project. Image credits: Flickr, goincase.