A smart way of promoting Entrepreneurs, Start-ups and Individuals

Presented by: Vishal Sancheti

Donor Funder

Purchaser

Consumer

Asking Earning

Gifts Grants Trading

Contracts

Crowdfunding is term used to collect fund small amount of fund from large group of peoples

Hence, Crowdfunding can be a effective source of funding

It can be a gateway to engagementAn opportunity to build community

or customer basean invitation to participate in and

influence a new ventureshared ownership from donation,

through reward to celebration

It can you and your ideas out directly in front of the public

It doesn’t always work. It requires continuous efforts that

interests a sufficient number of people strongly enough to motivate them to part with hard-earned cash

A example of Project Crowdfunded on KickStarter

Name

Video

Description

Progress& Goal

Project Creator

Awards

Token

Product

Special honor

$1

$10,000

Good awards Sell what people are buying Emulate other successful projects

Media coverage Enthusiast sites– Gizmodo/Techcrunch /IGD Social Network – Kickstarter itself Reputation of people associated with project

Planning & Preparation – perhaps for a year Business plan – Plan on cost overruns and delays! Prototype made, production facilities lined up Video

Communication with backers Especially when things go bad

It is the hottest topics for startups looking to raise investment and may continue to be so.

It is believed to be revolution in democratization of capital market.

But still some believe its Red-hot right now . . . .but forecast is chillier Likely reduced Backer enthusiasm as

funded projects don’t meet expectations OR never release at all