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What is this phenomenon known as Crowd Funding? One might mistakenly believe it means that one can fund a crowd. It is actually the reverse option. You can get a crowd to fund you.

How does Crowd Funding work and who will give you money? What do these people want or expect from you?

Crowd Funding was initialized into society as a result of the global community mindset that has become commonly shared by Internet users locally and internationally. This option for fundraising is available for individuals, businesses and would-be start up companies, among other entities.

You tell your story by way of a profile and provide a short personal or professional video that explains your reason for wanting so-called community assistance to help you advance in your life situation. Then various people who peruse these websites, at their leisure can choose to contribute money to your campaign. When you reach your funding goal you get paid by the Crowd Funding hosting website, less their commission for permitting your campaign on their platform.

There are popular Crowd Funding websites for individuals such as GoFundMe.com or Rally.org. Options for Crowd Funding include, but are not limited to: Equitynet.com, Indiegogo.com, Kickstarter.com. If you need assistance to design and manage your Crowd Funding campaign then there is professional management and representation available from: CrowdFundInc.net. There is a even a membership association known as the National Crowd Funding Association of Canada that  host events and offers useful resources to be successful in Crowd Funding (Ncfacanada.org).

Speaking of events, is anyone getting married soon? Want your gifts to be in the form of cash rather than items that you will never use? If so, then you should register with CrowdGifts.com today. Let your invitees / guests know that you have register and advise them that they are encouraged to donate generously to your wedding fund. Certainly you will use the money raised for something relevant to your new start in life with your spouse, such as a house.

This website lists the seemingly top ten Crowd Funding websites on the World Wide Web: CrowdFunding.com. If you are a Crowd Funding website that may need help in dispensing money from raised from Crowd Funding campaigns then there is help from this website: Tipalti.com, which offers payment options, such as pre-paid debit cards, e-cheques and much more.

Why wait? Set your goal, get funded and spend the money to make your dream a reality!

 

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