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7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

In addition to funding, the good news is that all of these provide aspiring entrepreneurs with an opportunity to perfect their marketing pitch, get some valuable target customer feedback and improve visibility to other funding sources. While all this is definitely a boon to entrepreneurs, it does come with its own set of challenges.

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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. No one contemplates including a business plan, investor presentation, or even the equivalent of an executive summary.

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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. No one contemplates including a business plan, investor presentation, or even the equivalent of an executive summary.

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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

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. No one contemplates including a business plan, investor presentation, or even the equivalent of an executive summary.

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The Ultimate Inventor’s Guide to Inventing Things

Up and Running

To find out what people are complaining about, read forums, turn to your social media accounts, and read reviews. See Also: Market Research Resources for Entrepreneurs. At Palo Alto Software, we use the One-Page Pitch feature in LivePlan to quickly validate new business ideas. 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. Intellectual property is jeopardized.