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Risks of Crowdfunding

Risk of Crowdfunding from The Startup Garage

Risks of Crowdfunding When the Security and Exchange Commission (SEC) proposed new Rulings in response to Title III of the of the Jumpstart Our Business Startups Act (JOBS) in November 2013, it was great news for U.S. startups who will, starting in the spring of 2014, be able to have non-accredited investors fund their companies […]

Crowdfunding: Like Dorothy, You Too, Can Make Your Wish Come True

Opportunities of Crowdfunding from The Startup Garage

Like Dorothy, You Too, Can Make Your Wish Come True Fairy tales and fantasies are wonderful. In the Wizard of Oz, Dorothy only had to click her glittery heels three times to get her wish. Don’t we all wish that were possible in real life? Society would be different. Everyone would have enough to eat […]

The Disadvantages of Crowdfunding

Disadvantages of Crowdfunding from The Startup Garage

Crowdfunding is a great alternative to traditional early stage funding strategies. It comes with its fair share of advantages and disadvantages. As an entrepreneur, it is important to look at both sides when deciding whether or not crowdfunding is right for your venture and should consider the following reasons. 1. All or Nothing: Most crowdfunding […]

Pros of Crowdfunding

Pros of Crowdfunding from The Startup Garage

The Pros of Crowdfunding There are several strategies to receive funding in the early stages of a startup. With these strategies come both advantages and disadvantages. With the rise of crowdfunding as means to obtaining capital, it is important to see just how beneficial using this approach can be for venture. 1. Access to Capital: […]

Is Crowdfunding Right For You?

Crowdfunding Fit from The Startup Garage

Is Crowdfunding Right For You? Crowdfunding is a marketing tool that engages customers and promotes brand awareness. Crowdfunding is when a group of people collectively finance the efforts of individuals, organizations, or businesses. Popular donation-based crowdfunding websites like Kickstarter and Indiegogo ask the public to sponsor featured projects within limited time frames, and in return, […]

7 Tips to a Successful Crowdfunding Campaign

Tips for a Successful Crowdfunding Campaign from The Startup Garage

Tips to a Successful Crowdfunding Campaign Crowdfunding can be an effective tool in the early stages of fundraising for your startup. However, if not done correctly, you can easily fall into the category of failed projects. Use the tips we have provided to help guide you to a successful campaign. 1. Pitch a Product or […]

Nourishing Your Crowdfunding Community

Nourishing Your Crowdfunding Community from The Startup Garage

Nourishing Your Crowdfunding Community While crowdfunding campaigns last for a finite amount of time, they have the potential to generate long-lasting communities of people who will support your business. Whether the campaign met its fundraising goal or not, try to stay in contact with and continue to deepen your relationship with backers. It is important to […]

Crowdfunding & The JOBS Act

Crowdfunding and the JOBS Act from The Startup Garage

Crowdfunding & The JOBS Act In April 2012 President Obama signed the Jumpstart Our Business Startup Act (JOBS Act) with the aim of promoting small business funding by loosening securities regulations. The JOBS Act has made some of the greatest changes to securities law in the 80 years since the original Securities Act of 1933. […]

Crowdfunding: New Source of Capital for Startups

Crowdfunding Community from The Startup Garage

A New Funding Source for Startups Crowdfunding is the greatest funding revolution of the new millennium. It opens up opportunities for services and products, which a generation ago, would have never seen the light of day. Starting a business with unlimited funds is not difficult at all. Those who are lucky enough to win the […]

Crowdfunding — How to Get Funded by a Bunch of Random Strangers

Crowdfunding with Strangers from The Startup Garage

There is a growing phenomenon in the world of startup fundraising known as crowdsourcing. What is crowdsourcing, you ask? Crowdsourcing, also referred to as crowdfunding, is when a venture asks members of the general public for funding through many small donations. Notice how Wikipedia has been asking for donations to keep their website ad free? That is a […]