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4 Ways Your Business Can Benefit From Crowdfunding

article Crowdfunding
4 Ways Your Business Can Benefit From Crowdfunding
Description Here are 4 ways that an average entrepreneur can greatly benefit from the use of crowdfunding:

1. Reduces family friction. Crowdfunding reduces the often personal friction involved with raising money.

2. Reduces entrepreneurial risk. The risk of starting a company, only to find out that no one is interested in your intended goods or service, is greatly reduced with the use of crowdfunding.

3. Creates a marketing event. Sending people to a website with static information on it isn’t attractive to most people.

4. Provides social proof.

SOURCE LINK to full article: http://www.forbes.com/sites/theyec/2012/09/19/4-ways-your-business-can-benefit-from-crowdfunding/
Tags: Benefits from Crowdfunding, Business, Crowdfunding, Crowdsource, Crowdsourcing, Entrepreneurs, Funding
Benjamin Fossel Posted by Benjamin Fossel
Sep 19, 2012 10:29 pm GMT Viewed 1273 times
Author: Eric Corl Source
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