Sometimes people may have a business idea or a simple project that they want to do, however, they may not have the finances to make these things happen. Finding the funding for their ventures may be difficult if they do not have access to the proper resources in order to get the money that they need. Some of the more commonly known places that most people turn to is, a local bank in their local neighborhood. Or, they may choose to apply for a loan from the credit union that they belong to. While these financial institutions are great places to start, they may end up as a dead end, especially since some people have a hard time meeting the requirements that the banks and credit unions establish for securing a loan. Fortunately, due to the advent of the Internet, many more doors of opportunity have opened up over the years, and they are available to virtually anyone who takes the initiative to go through them. One of which that many people are hearing about today crowdfunding. This kind of financial resource is making a monumental difference in millions of peoples’ lives all over the globe.
Crowdfunding can be described as a means to secure finances for numerous things including special projects and business ideas. When people utilize this kind of strategy to secure the money that they need, they are looking for a group or groups of people to assist with providing the funds for a special project or to get the start of a new business venture off of the ground. It is also important to note that there are different kinds of crowdfunding types that people may make use of, and they include rewards-based, equity, debit-based, litigation and charity. Each of which are designed to fit the needs of the individual or group, and the type of idea that people are pursuing. Therefore, it is important for those who have an interest to make sure that they research each type so that they can become well versed in these new funding opportunities.
This said, for people who have ideas and want to know more, they may start their initial research by accessing the site www.indiegogo.com/explore/small_business. This is a great place to start, specifically because it is currently affecting the lives of people in many different dramatic ways. For instance, this site is available to people all over the world for crowdfunding activities. Which means, people who have a lot of exciting and bright ideas, and those who want to fund a good idea can be matched up. Regardless to the interest, people can look on this site to see what they may like or what they want to pursue doing. From funding a unique art exhibit to investing money into a specific kind of innovative technology, investors can pick and choose the things that they have a genuine interest in.
History of Indiegogo
Many times people will not place their money into any idea if they are not familiar with the site that plays the role of the liaison. Which means, the company that operates the site for this kind of funding must be reputable. With Indiegogo, this is not a problem since they have been around since the year 2008, and have been matching people with the brightest ideas and investors together. Thereby, providing monumental opportunities to bring about this centuries most remarkable inventors, musicians, film makers, businessmen and the like. The changes that this company has made is also critical to the development of a new funding structure. This new structure takes the financing power out of the hands of a few elect, and places them in the hands of a world wide audience that’s comprised of anyone who wants to participate. In fact, the idea of this company was birthed out of a crucial financial situation that caused its founder, EricSchnell, to think out of the box.
Basics of starting a project on Indiegogo
Empowering everyone is one of the main concepts that this company supports since it allows anyone who accesses the site to participate in one fashion or another. They may access the site to introduce a new idea or project to this world wide community. Or, they may access the site to find an idea or project that they can support financially. Regardless to the type of access required, the launching on indiegogo process has been made easy for everyone who has an interest.
When accessing the site, the person has an opportunity to explore different things to see what is being offered, and what’s going. Also, they can clink on the link that will take each visitor to the topics of how crowdfunding on this site works. Once the visitor is familiar with what to do, they may decide to start a campaign. The campaign that the person starts may be launched under one of four categories, and they are personal, creative, entrepreneurial or non-profit. Once the category has been selected, the person can enter in the amount that they want to raise. The minimum amount to-date is presently $500. So, the person will need to know how much they really need to raise in advance. It is also important for the individual to know the title of their campaign so that people will know what their campaign is about or what they should be looking for.
Crowdfunding is a new revolutionary way of securing funds for things like special projects and business ideas. Iindiegogo.com is the site that allows people all over the world to participate in all kinds of great special projects, business ventures and the like. Since 2008, the company has been assisting people with making their dreams come true. Most of which is being done by allowing people to obtain the funds that they need through a community of millions of contributors. These contributors are helping to promote the next generations most talented filmmakers, innovative musicians and others who have big ideas that they want to live beyond their own years.