Featured Entrepreneur Resource - Crowdfunding

March 24, 2011

There’s a new catchword gaining traction in the entrepreneurial world: “Crowdfunding.” It’s a great new way for entrepreneurs to raise capital to bring their businesses to reality.

If you haven’t heard of “Crowdfunding,” it’s a new way for entrepreneurs to raise capital from investors in their community or from family and friends without giving up equity shares or exposing yourself to legal risk.

Crowdfunding allows you to:

  • take advantage of your biggest existing resource: your community
  • create both a marketing tool and a financing tool, as those who have invested in your business are likely to become loyal customers and avid supporters
  • share risk among many, putting less financial pressure on just a few individuals
  • share your success among your community
  • cut out banks, venture capitalists and professional investors to get better terms and a friendlier process

    Learn more about Crowdunding at http://www.profounder.com/. For a concise overview, visit https://www.profounder.com/entrepreneurs/why_crowdfund.


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