Crowdfunding? 3 Principles For Entrepreneurs

Oculus. Glowforge. Flow. Exploding Kittens. Veronica Mars. Tile. The Coolest Cooler. BauBax. Fidget Cube. What do all of these companies have in common? They are all successful and started with crowdfunding — the list of these nine case studies comes directly from the US Chamber of Commerce. Crowdfunding has indeed exploded especially in the last few years. This article will illustrate three key principles for entrepreneurs to use crowdfunding effectively. 1) Understand The Rules — In the US very recently new regulations have come into effect to reduce the paperwork associated with it. The gist is (i) a company can…...