Here are some Tips for successfull building - business with Crowdfunding:
- Simplicity - Ask yourself everyday: Is our product getting more complicated? Don’t let it.
- Scope - With few exceptions, even crowdfunding platforms that seem to be tools for anyone to fund anything are focused.
- Spend - The JOBS Act will let companies raise up to $1 million from as many investors as they choose. This means, technically, that a million people could contribute $1 each, or, one person could put in the full $1 million.
- Story - Stories can take on a journey.