Do you really believe in crowdfunding as a source of business capital?

[kit_hung]

You're right it's not easy in order to accumulate funds quickly you have promote your project to different platforms it's even worse if you want more money.

You are absolutely right. Raising money quickly is not an easy task, especially if you are targeting a large amount. You need to be creative and expose your project to many people through different platforms such as social media, websites, and even word of mouth.

Self-promotion is very important. People will not support or invest in something they do not know about. Create engaging content, explain the benefits of your project, and do not hesitate to ask for help or advice. Others may connect you with opportunities that you are not yet aware of.

 

[Augusta]

For startups, crowdfunding offers many benefits, especially if you're not familiar with raising capital or you don't have a strong credit history or credit score

 

[Min George]

Crowd funding is not something that I see happen commonly to raise business capital. It has a 20% chance of working out.

 

[Augusta]

Crowd funding is not something that I see happen commonly to raise business capital. It has a 20% chance of working out.

Yes, it can't just work for everyone and most times it doesn't just work especially if you are not popular

 

[Alberello75]

You'll have to forgive if I'm wrong, but from what little or nothing I know, crowdfunding should be used primarily to fund social or non-profit causes: Used to raise donations to support charities, humanitarian projects, or to address emergency situations.

 

[Augusta]

You'll have to forgive if I'm wrong, but from what little or nothing I know, crowdfunding should be used primarily to fund social or non-profit causes: Used to raise donations to support charities, humanitarian projects, or to address emergency situations.

Yes you are right but you can also take it for a business. Then it wouldn't be a bad idea at all

 

[Stardom22]

Nowadays it's very difficult to find people that are willing to donate money on the crowdfunding basis. One can seek business capital from family members and friends in stead.

 

[Alberello75]

It's a sad thing to say, but it's the truth. If many people don't even have enough money for themselves, how can they donate?