• Home
  • About
  • Contact

The Phat Startup

The Ultimate Lifestyle Blog for Entrepreneurs

  • Blog
  • Blogger Lifestyle
  • Money & Finance
  • Motivation
  • Personal Growth

Money & Finance

Crowdfunding For Startups: Tips From Industry Pros – InventureX

Anyone looking to capitalize on crowdfunding usually needs help in some regard. What better way to get help than to learn from pros in the industry? InventureX has been helping entrepreneurs for years now, and many have been able to achieve great success with crowdfunding.

Image result for inventurex

No one needs an explanation on how crowdfunding works and the basics, but a few useful tips from the pros shared by InventureX can go a long way towards meeting expectations.

Understand the work ahead

A lot of people struggle with truly understanding just how much work needs to be put into a crowdfunding campaign. It might seem easy on paper, but it’s very difficult to get people to commit money to something that they know very little about.

Every single day leading up to the launch, a person should be putting together content, marketing ideas and more to make the crowdfunding campaign launch as successful as possible. No one can guarantee success, but it’s nearly impossible to have success without proper preparation.

Spend time on enticing, meaningful rewards

Take a look at any InventureX crowdfunding campaign, and the rewards usually stand out. The best rewards are going to be something that backers truly appreciate, and they can share with others to possibly inspire more backers.

Remember that every single backer will enjoy knowing that they are appreciated. If rewards are done correctly, they can also act as a great way to market to others as well. Once other people see what is being given to backers, that is free advertisement to possibly bring in others.

Don’t be afraid to spend money

There are a lot of success stories when it comes to crowdfunding, and many shared are true underdog stories. While that sounds great, the truth is, a lot of people need to spend money on their crowdfunding campaign to avoid campaign failures.

Marketing is something that every startup should be budgeting for in some way. Paying for ads on Facebook, Instagram or other social networks is one popular way to go. Also spending money on making sure the presentation is just right is essential. If done correctly, the upfront cost will be a drop in the bucket compared to how much money is raised.

Don’t limit everything to just online marketing either. There is something to be said for growing a startup with real events and meet and greets. A lot of people with money to invest with still aren’t entirely sure of giving it away solely online.

Keep everything short and to the point

Crowdfunding platforms are becoming littered with people who are trying to raise money for their own ideas. It’s easier than ever to launch a campaign, but having a successful one is another story.

With limited time to entice a new backer, all information on a product should be short into the point. If everything drags for way too long, it’s on to the next piece campaign for a lot of people. No one wants to even bother with having to search for valuable pieces of information at any time. It needs to be delivered to people in the easiest way possible. Visit InventureX’s official website and get help with crowdfunding for your startup business.


« 8 Tips for Filling Your IT Job Opening with a Qualified Candidate
Aesthetic Acoustic Plaster System »

About The Phat Startup

The Phat Startup was created by Mike McOwen to create a space where entrepreneur lifestyle could be focused on. We tend to live a different lifestyle than most. Entrepreneurs tend to be interested in maximizing their life, not only their profit.

Connect With Me

  • Email
  • RSS
  • Twitter
  • YouTube

Twitter Feed

Mike McOwenFollow

Mike McOwen
PhatStartupsMike McOwen@PhatStartups·
29 Dec 2017

Why is content marketing so important? Find out here: http://thephatstartup.com/money-finance/why-your-business-needs-a-content-marketing-strategy-in-2018/

Reply on Twitter 946751505146707968Retweet on Twitter 946751505146707968Like on Twitter 9467515051467079681Twitter 946751505146707968
PhatStartupsMike McOwen@PhatStartups·
9 Oct 2017

http://yescincinnati.com/

Reply on Twitter 917521630162759681Retweet on Twitter 917521630162759681Like on Twitter 9175216301627596811Twitter 917521630162759681
PhatStartupsMike McOwen@PhatStartups·
25 Sep 2017

Wow, interesting

Forbes@Forbes

Millennial men are more likely than women to default on student debt http://on.forbes.com/60148NudC

Reply on Twitter 912458136849698816Retweet on Twitter 912458136849698816Like on Twitter 9124581368496988162Twitter 912458136849698816
PhatStartupsMike McOwen@PhatStartups·
25 Sep 2017

I LOVE Toronto! Miss that place

GO Transit@GOtransit

Explore Toronto’s art scene with GO! Enjoy special late night service during Nuit Blanche on Sept 30. https://cards.twitter.com/cards/v2l8b/4ttwx

Reply on Twitter 912458028355670017Retweet on Twitter 912458028355670017Like on Twitter 912458028355670017Twitter 912458028355670017
Retweet on TwitterMike McOwen Retweeted
BuffaloSabresBuffalo Sabres@BuffaloSabres·
25 Sep 2017

Batter's up! ⚾️ Spending quality time with our friends at @MiracleLeagueWN.

4
Reply on Twitter 912457252057034754Retweet on Twitter 91245725205703475454Like on Twitter 912457252057034754319Twitter 912457252057034754
Load More...

Blog Ideas That Make Money

Dive Into Fantasy With Some Fascinating Sci-Fi Movie Picks

Tips for Building Simple & Effective Business Website

The Benefits Of Having Business Insurance

Search

Copyright © 2023 · The Phat Startup

Copyright © 2023 · Divine Theme on Genesis Framework · WordPress · Log in