Image Credit: www.crowdfundinsider.com
This is a compilation of the best resources I have uncovered in my research. The definition of Crowdfunding according to Wikipedia …
“Crowdfunding is the collection of financial support to sustain an initiative from a large pool of backers—the “crowd”—usually made online by means of a web platform.
The initiative could be a nonprofit campaign (e.g. to raise funds for a school or social service organization), a political campaign (to support a candidate or political party), a philanthropic campaign (e.g. for emergency funds for an ill person or to produce an emerging artist), a commercial campaign (e.g. to create and sell a new product) or a financing campaign for a start-up company.
Crowdfunding has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties.
Crowdfunding is the application of this concept to the collection of funds through small contributions from many parties in order to finance a particular project or venture. According to WordSpy.com, the earliest recorded use of the word “crowdfunding” was by Michael Sullivan in fundavlog in August 2006.
Crowdfunding models involve a variety of participants. They include the people or organizations that propose the ideas and/or projects to be funded, and the crowd of people who support the proposals. Crowdfunding is then supported by an organization (the “platform”) which brings together the project initiator and the crowd.”
Kauffman Sketchbook – “The Wizard of Fundz”
Slava Rubin, founder and chief executive of Indiegogo, offers advice for running a successful online crowdfunding campaign.
Resources from Inc.com:
Crowdfunding | Inc.com
Advice and news for start-ups, entrepreneurs, and small business owners on financing a business by crowdfunding: managing costs, harnessing the power of a … www.inc.com/crowdfunding
22 Crowdfunding Sites (and How To Choose Yours!) | Inc.com
Crowdfunding used to be pretty simple. Artists, inventors, and filmmakers posted their ideas, and funders chipped in a few bucks to make something happen. www.inc.com/magazine/…/eric…/how-to-choose-a-crowdfunder.html
Comparison of Crowdfunding Websites | Inc.com
There are dozens of crowdfunding sites, including some geared specifically to start-ups. It’s not just money that users are after: A successful campaign can also … www.inc.com/magazine/…/comparison-of-crowdfunding-websites.html
More articles from Inc.com on Crowdfunding
Jay Abraham and Daymond John address attendees of the Global Crowdfunding event in Las Vegas, October 2013.
They discuss what you should know about the current state of crowdfunding issues, and what potential pitfalls to avoid. [Here is the link to the discussion]
Slava Rubin – How to Raise $1 Million in 30 Days or Less
How to Raise $1 Million in 30 Days or Less — Slava Rubin, cofounder of international crowdfunding platform Indiegogo, shares best practices for startup funding and answers questions about his own entrepreneurial journey, how to create an effective campaign, and more.
For more great resources from Entrepreneurship.org – Click Here
The Ultimate Crowdfunding Checklist
This article was written by Michael Volkin, marketing expert and inventor of Strength Stack 52 fitness cards. In this article, I will detail exactly what you need to do to reach your crowdfunding goal. You can even download the complete 6 month crowdfunding checklist here. Successful crowdfunding is broken up into three parts, prelaunch, launch and post launch. The total timeline for all three steps is 6 months. Yes, 6 months! The vast majority of people just throw up a campaign in 1 month or less, which is the reason the vast majority fail to reach their goals. [Read More … ]
One more resource: www.crowdfundinsider.com