Crowdfunding Explained and Crowdfunding Tips from Indiegogo Founder and Chief Development Officer
The COMPLETE Crowdfunding Launch Formula For 0k Campaigns http://bit.ly/2bXra6W
Danae Ringelmann, Founder and Chief Development Officer Indiegogo believes that Crowdfunding has changed the finance industry forever.
She believes that crowdfunding has reduced both market risks and execution risks.
Market risks refer to product market fit – will anyone actually pay money for your project? Does your product solve a real problem for real customers?
You can also hone your product with real customer feedback on what they prefer.
Validate the need
Gauge demand
Build brand
Build awareness
Execution risk refer to your initial startup risks. With crowdfunding you can pre-sell your product and also test which product features customers are willing to pay for.
You can test features, test customers, test pricing, and even test future offerings.
Role of traditional financiers
If cash is a commodity then what else can a provider of cash provide. Each type of finance brings certain benefits through making connections, business expertise etc
Indiegogo is an incubation platform for traditional capital and a market testing platform to reduce investment risk.
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It’s Wednesday which means it’s new comic book day with new releases hitting shelves, both physical and digital, all across the world. This week we’ve got a book from BOOM! Studios to help guide you through the world of crowdfunding.
Six Figure Crowdfunding: The No Bullsh*t Guide to Running a Life-Changing Campaign is by Derek Miller with Noelle Pugh and illustrations by Joy Ho.
Get your copy in comic shops today and book stores July 24th. To find a comic shop near you, visit www.comicshoplocator.com or call 1-888-comicbook or digitally and online with the links below.
Amazon/Kindle/comiXology – https://amzn.to/2NmMMdS
BOOM! Studios provided Graphic Policy with FREE copies for review
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13:23 Traditional financiers (investors) can bring relationships and expertise. New role as amplifiers vs. gatekeepers.
16:15 The ideas that actually get through are the ones the world actually wants instead of what gatekeepers think the world wants = ideas are better = more merit based fashion / true market based need = less waste = mitigate risk of overproduction and underproduction. Changing finance for good.
c,oming
https://www.facebook.com/photo?fbid=3366773050106396&set=a.159914940792239. IM ALTOGETHER MORE INTO NON-PROFFIT AND FREE ENTERPRISE IN WORKS ON BASIC NEEDS THAN JUST FINDING SOMETHING THAT "monetarily sells".
amazing!
Just shows that there there are lots of people with too much cash…. a fool and his money are easily parted…
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