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How You Can Succeed With Crowdfunding Or Crowdsourcing

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How You Can Succeed With Crowdfunding Or Crowdsourcing
March 31, 2012

Crowdsourcing and crowdfunding is quickly emerging as a new tool for entrepreneurs to seek funding and resources that they are needed in order to advance their projects, businesses and/or causes. The concept behind it encourages and promotes the teamwork of groups, communities and network to come together in order to support and contribute to a project. The type of projects that have experienced success on Rock The Post range from disaster relief to an upcoming artist pursuing their dream to a vision of a business operation. Collaboration, attention, and trust is key when it comes to being in the network that help these ordinary ideas become extraordinary. The biggest misconception people have about crowdfunding sites is that once they post their project up, things will fall into their laps with little effort. That is NOT true folks. Like Calvin Coolidge, 30 th President of the United States once said, “All growth depends upon activity.

There is no development physically or intellectually without effort, and effort means work.” Rock The Post’s platform will definitely help you advance, but you need to do the legwork too! Here are some fun facts that will help you reach success; 75% of crowdfunding projects use a well crafted video to help gain more support, 65 % of posting users shoot the video themselves, and 80% of users share their post on their Facebook, Twitter, personal blog and other media outlets that will help them raise awareness.. Projects with clever and enticing giveaways have a 70% higher success rate and if blogs or large publications pick’s up your post, the project will experience a significant boost. There are many ways to success, its just depends on what steps you take. The following is an Action Guide to follow to make sure your project succeed beyond your wildest imagination. 1. The first step towards success is to starts leveraging your network and your networks network. The more active you are at spreading the word and engaging people, the higher chances you have at succeeding. Tell your family and friends, and ask them to do the same with their communities. As the saying goes: “It takes a village to accomplish extraordinary things” so if your serious about succeeding, the more people you get involved, the better! 2. Be authentic, clear, and innovative with your project. Folks only join projects they can be passionate about and to people they trust. 3. I possible, include additional team members so they can leverage their networks too! It is a proven fact that projects with more than one team member achieve 3 times better results.

Why? Because people love to be where the action is, and it also brings a nudge more validity and credibility to your project or business. 4. Next, make strong visuals. Projects with videos or strong visuals are 10 times more successful than projects without so don’t hold back. Within the video be sure to state o Who you are o What is the purpose of your project o If possible, show your prototype or service o Invite other people involved in the project to speak in the video o Why you need what you need o What you plan on doing if you reach your project goal 5. Share future plans 6. Following the video and after some progress, keep fans and supporters updated on new and exciting developments! It’s been proven that people who send 8 or more updates get 7 times more results than those who don’t. We highly suggest updating your post at least 1 time per week. Trust us, it will make the world of difference for your bottom line. 7. Then, share with all your social networks. Post your project instantaneously on all your social media pages. Be fearless! 8. Know who your target audience is and craft your post tactfully so that it appeals to them. People that share the same interest and are in a similar field as you are more likely to empathize and help you reach your goals. 9. Keep up a high activity level throughout the duration of your post! This is very important!

10.

Last, be ready to be blown away.

You have probably heard of the saying “Six Degrees of Separation” which is a theory that claims you are connected to everyone in the world, via introduction, through six people or less. The good news is, it’s been proven to be true! So by leveraging your network and enrolling them to extend your post to their network, you will most likely reach your goal. So now that you are an expert on crowdfunding/crowdsourcing, go after your dream! But before you do so, here is a parting quote:“You are never given a wish without also being given the power to make it come true. You may have to work for it, however” by Richard David Bach.

Summary Crowdsourcing and crowdfunding is quickly emerging as a new tool for entrepreneurs to seek funding and resources that they are needed in order to advance their projects,businesses and/or causes.The concept behind it encourages and promotes the teamwork of groups,communities and network to come together in order to support and contribute to a project.The type of projects that have experienced success on Rock The Post range from disaster relief to an upcoming artist pursuing their dream to a vision of a business operation.Collaboration,attention,and trust is key when it comes to being in the network that help these ordinary ideas become extraordinary.

Description
The following is an Action Guide to follow to make sure your project succeed beyond your wildest imagination.

-The first step towards success is to starts leveraging your network and your networks network.
-Be authentic, clear, and innovative with your project.
-Include additional team members so they can leverage their networks too!
-Make strong visuals.
-Share future plans.
-Keep fans and supporters updated on new and exciting developments!
-Share with all your social networks.
-Know who your target audience.
-Keep up a high activity level throughout the duration of your post!
-Last, be ready to be blown away.

Tags: Crowdfunding, crowdfunding success, crowdfunding tips, Crowdsourcing, crowdsourcing tips

Posted by Tonya Van Dijk

Apr 28, 2012 06:27 am GMT Viewed 1229 times

Author: rockthepost.com Source

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