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Not Every Crowdfunding Site Is Created Equal

Not Every Crowdfunding Site Is Created Equal

<p style&equals;"text-align&colon; justify&semi;">Chances are you&&num;8217&semi;ve heard of Kickstarter&period; But Kickstarter is just one of the myriad choices people have when it comes to crowdfunding&period; It is important to remember that each crowdfunding site is different – each site putting a different emphasis on the types of projects it supports&period; For example&comma; if you want to start a non-profit to help the homeless in your city&comma; Kickstarter isn&&num;8217&semi;t your best option – their platform is designed for creative projects&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Doing research into which crowdfunding site is right for your project is essential to making sure your crowdfunding campaign is a success&period; Here are a few crowdfunding sites&comma; broken down into categories based on the types of projects each site supports&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><b>Creative Projects<&sol;b><&sol;h2>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>1&period; Kickstarter<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Probably the most well-known crowdfunding site&comma; Kickstarter has been used by amateur and established artists to find funding for their creative projects&period; As mentioned above&comma; Kickstarter funds only creative projects&comma; so if you&&num;8217&semi;re an artist&comma; filmmaker&comma; or musician&comma; Kickstarter is a great place to go to for capital&period; There is a submission process&comma; so make sure to take the time and fill out all the project details&period; Kickstarter reserves the right to reject your project if they feel it doesn&&num;8217&semi;t fit into Kickstarter guidelines&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter size-full wp-image-25068" alt&equals;"Not Every Crowdfunding Site Is Created Equal" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;Kickstarter&period;png" width&equals;"189" height&equals;"46" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">It is also important to note that Kickstarter operates under an all-or-nothing crowdfunding model&period; What that means is that if you meet your fundraising goal&comma; at the end of your campaign you get the full amount of your pledged money&period; If you don&&num;8217&semi;t reach your fundraising goal&comma; however&comma; <i>you don&&num;8217&semi;t receive anything<&sol;i>&period; Money that has been pledged is never charged to the pledger&&num;8217&semi;s account&period; The all-or-nothing crowdfunding model puts a lot of pressure on the entrepreneur to do whatever he or she can to drive people to the fundraising site and get people to give&period; Projects can originate from the US&comma; UK&comma; Canada&comma; Australia&comma; and New Zealand&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>2&period; Indiegogo<&sol;b><&sol;h3>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-25070" alt&equals;"Not Every Crowdfunding Site Is Created Equal" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;Indiegogo&period;png" width&equals;"238" height&equals;"48" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Similar to Kickstarter in its layout&comma; Indiegogo is more flexible than Kickstarter in many ways&period; First&comma; Indiegogo accepts any kind of project&comma; including charity drives&period; Second&comma; Indiegogo is more international than Kickstarter in that the project can be started by anyone not a citizen of a country on the OFAC sanctions list&period; Finally&comma; even if you don&&num;8217&semi;t reach your fundraising goal&comma; you will still receive the money you were able to raise&period; The only difference is that Indiegogo will take nine percent of your money raised as their fee&comma; instead of four percent if you reach your goal&period; It pays to reach your goal&excl;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><b>For Social Entrepreneurs<&sol;b><&sol;h2>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>1&period; CauseVox<&sol;b><&sol;h3>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-25071" alt&equals;"Not Every Crowdfunding Site Is Created Equal" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;causevox&period;png" width&equals;"178" height&equals;"42" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Developed for both non-profits and for individuals with a desire to help&comma; CauseVox provides a network for organizations and people to help raise money for social causes&period; There are different monthly plans that give you different sets of tools you can use to reach out to donors&period; The trial period for CauseVox means that no monthly fees are charged to you until you raise &dollar;5&comma;000&period; This site isn&&num;8217&semi;t so much about a campaign with a codified beginning and end date&comma; but more of a constant campaign&comma; using social media to reach out to potential donors at all times&period; If you&&num;8217&semi;re a non-profit that is in perpetual need of funds to operate&comma; CauseVox can allow you to actively fundraise using social media networks&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>2&period; Start Some Good<&sol;b><&sol;h3>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-25072" alt&equals;"Not Every Crowdfunding Site Is Created Equal" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;StartSomeGood&period;png" width&equals;"284" height&equals;"59" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Dedicated to linking donors with projects needing help getting started&comma; Start Some Good is a great place to start if you have a great idea that can change the world&period; Start Some Good is an incubator for great social needs ideas&comma; so if you&&num;8217&semi;re just starting out&comma; look at Start Some Good&period; You don&&num;8217&semi;t have to be a non-profit&comma; either&period; Start Some Good welcomes individuals&comma; non-profits&comma; and for-profits as long as the venture is improving the community&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><b>The Next Big thing in Business<&sol;b><&sol;h2>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>1&period; Crowdfunder<&sol;b><&sol;h3>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-25073" alt&equals;"Not Every Crowdfunding Site Is Created Equal" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;crowdfunder&period;png" width&equals;"172" height&equals;"38" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Crowdfunding gets a little more complicated when you&&num;8217&semi;re dealing with small business ventures&period; With a site like Crowdfunder&comma; you no longer are dealing with hundreds of people giving you &dollar;10&comma; but Accredited Investors&comma; investing in your business with the agreement being reached in Crowdfunder&&num;8217&semi;s digital &&num;8220&semi;Deal Room&period;&&num;8221&semi; Crowdfunder is good for a business with a big idea in need of major capital&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>2&period; Rock the Post<&sol;b><&sol;h3>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-25074" alt&equals;"Not Every Crowdfunding Site Is Created Equal" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2013&sol;10&sol;RockthePost&period;png" width&equals;"171" height&equals;"39" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">This is another crowdfunding site dedicated to linking up big time investors with entrepreneurs with a great idea and business plan&period; Again&comma; it&&num;8217&semi;s not about the number of investors you have with this site&comma; it&&num;8217&semi;s about the quality of investment&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There are a lot more crowdfunding sites out there – have you considered others for an idea or project&quest;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Allison Rice is the Marketing Director for Amsterdam Printing&comma; one of the nation&&num;8217&semi;s largest providers of promotional products for businesses large and small&period; Amsterdam specializes in custom engraved pens and other items such as calendars&comma; bags&comma; and water bottles&period; Allison regularly contributes to the Small Business Know-How blog&comma; where she provides actionable business tips&period;<&sol;p>&NewLine;

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