Why Crowd Funding is Not So Easy?

Most campaigners generally complain, online crowdfunding is very difficult & fund raising is not so easy as people think. Is it true accurately? I don’t think so. It’s a money contributing system. Definitely people never will donate from their own economy if they don’t found a suitable reason to contribute. You should think once that there are running a lot of campaigns on different crowdfunding sites or platforms & among them without any specialty or prefer quality how can you raise your fund? The answer is your campaign must have to meet all the requirements & proper quality so that generosity comes inside the people & they can start feeling your sufferings & only then they will feel to contribute for your proper success.

So how can we realize that our campaign is fully prepared to get proper success. Here I’m sharing some tips from my own method & experience –

•   At first you have to choose the correct platform where you can start your campaign. Many sites doesn't support all countries. So you should check your criteria & must have to take decision which seems to you as the suitable & best crowdfunding site or platform for you.

•  There are two type of crowdfunding method/structure. The rewards crowdfunding(no investment) & the equity crowdfunding(must investment). Sometimes many campaigners been confused about the structure & rules of rewards crowdfunding. It’s little complex & different platform has different rules for this type of non investment projects. Example – if you can’t reach to 100% of your funding goal you won’t get anything from your existing fund what backers have pledged otherwise you my need to leave some percentage of that amount there. Equity crowdfunding is like a banking system where you would be charged a little amount from your raising fund. So it’s needed to gather all the information & of rules of that platform which you choosed before starting a campaign. 

•  Try to make the campaigning content or story as effective as you can which should have a highly appreciable capacity to impact on or bring the attention of the fund raisers worldwide.

This was the basic steps what a new crowdfunder/campaigner must should know. I would share more tips further on me next upcoming post. To be continued - 

Please watch this video. Hope can take more ideas from it.