Platforms like Kickstarter and Indiegogo offer a big opportunity for your business but there is another way you can raise money from the crowd.
You’ve guessed it right! We’re talking about equity crowdfunding which has become one of the fastest-growing crowdfunding models.
The numbers say it all: 80% of private companies are considering equity crowdfunding in 2023. But is this model right for you?
Like Kickstarter and Indiegogo, equity crowdfunding allows you to raise money from everyday people but there’s one major difference: you are raising capital as opposed to raising funds to sell your product.
So determining the goal of your campaign is the first step when it comes to running a successful campaign and in today’s episode of the Crowdfunding Demystified podcast, we talk you through the rest!
You’ll hear Salvador Briggman speak to co-founder Nick Raimondo whose startup raised £128, 707 from 129 investors on the equity crowdfunding platform Seedrs.
Nick shares his best tips and hard-learned lessons, including how to attract potential investors on social media, how to value your startup idea, and the two things you need to sort out in order to blow past your funding goal.
Whether or not you are considering an equity crowdfunding raise, we recommend watching this space, and today’s show shows why.
We hope you enjoy it! And if you do, please take a minute to let us know by leaving a positive rating or review.
Resources and Tools Mentioned on the Show
- Book a coaching call
- Free Equity Crowdfunding Course
- Equity Crowdfunding Explained
- Fulfillrite: Kickstarter and crowdfunding reward fulfillment services. They come highly recommended! Download their free shipping and fulfillment checklist.
- Marvin’s Den on Seedrs
The post EP #432 From A Failed Kickstarter to A Six-Figure Mega Success | Marvin’s Den appeared first on CrowdCrux: Crowdfunding Demystified.