Crowdfunding is the process by which money is earned due to the support of numerous individuals. While this practice has been done in many venues, it's most common online these days, as evidenced by such sites as Kickstarter and Patreon. If you're going to crowdfund for an upcoming project, there are a few things to be aware of. Here are some useful do's & don'ts that Robert Jain can provide.
DO know what you're raising money for. In order to successfully crowdfund, you must know what you're doing it for. There are many goals associated with this endeavor, according to the likes of Bob Jain, and some are easier to reach than others. Everything from inventions to games is covered under this umbrella. If you don't have an idea of what you're trying to accomplish, don't expect to see results.
DON'T forget that visual aids matter. Let's say that, for the sake of argument, that your goal is to create a novel. You don't want to simply speak about the novel in question; you'll want to offer visuals so that people know what they're supporting. Showcasing the cover art or illustrations can go a long way in terms of creating interest. The more that you offer, in terms of visuals, the better your crowdfunding campaign will perform.
DO promote your project as much as you can. There are many channels that you can use to promote your project. Among these are the various social media networks where millions of users gather. You'd be surprised by how much attention you can get on Facebook, Twitter and other such networks. By utilizing these platforms for promotional purposes, you can draw more attention to your crowdfunding efforts.
DON'T overlook the importance of patience. As a matter of fact, this might be the most important factor when it comes to crowdfunding in general. Many people assume that the majority of projects gain overnight success, which isn't true. As a matter of fact, it can take weeks until the eventual goal is met. You shouldn't let this be a deterrent, however. If you're patient, and able to work hard, the goal in question will be within reach.
DO know what you're raising money for. In order to successfully crowdfund, you must know what you're doing it for. There are many goals associated with this endeavor, according to the likes of Bob Jain, and some are easier to reach than others. Everything from inventions to games is covered under this umbrella. If you don't have an idea of what you're trying to accomplish, don't expect to see results.
DON'T forget that visual aids matter. Let's say that, for the sake of argument, that your goal is to create a novel. You don't want to simply speak about the novel in question; you'll want to offer visuals so that people know what they're supporting. Showcasing the cover art or illustrations can go a long way in terms of creating interest. The more that you offer, in terms of visuals, the better your crowdfunding campaign will perform.
DO promote your project as much as you can. There are many channels that you can use to promote your project. Among these are the various social media networks where millions of users gather. You'd be surprised by how much attention you can get on Facebook, Twitter and other such networks. By utilizing these platforms for promotional purposes, you can draw more attention to your crowdfunding efforts.
DON'T overlook the importance of patience. As a matter of fact, this might be the most important factor when it comes to crowdfunding in general. Many people assume that the majority of projects gain overnight success, which isn't true. As a matter of fact, it can take weeks until the eventual goal is met. You shouldn't let this be a deterrent, however. If you're patient, and able to work hard, the goal in question will be within reach.
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