Recently I had to make a project for my financial class
about Crowd Funding. It was very interesting to see how this method of
collecting, investing or donating money has a boom in today’s social
media. This topic caught my attention
because all the websites dedicated to helping or invest in new ideas, projects
and causes.
Crowd funding is not something that came up just yesterday,
but a method that has been used since the 1800’s. Thanks to the Internet and
media, it has become more accessible to young artists, investors and charitable
entities to ask for money and get responded.
The story that most caught my eye was Amanda Palmer’s “The
art of asking.” Her story is really
inspiring. She talks about all the vicissitudes that she struggled with as a
young artist. She never gave up, she just started asking. In the Kickstarter.com
website she pledge for $100,000 to promote her new album, art book and tour.
She got $1,192,793.
There are many website to help launch a project or a
business. Indegogo.com, Crowdfunder.com, Quirky.com and many other websites are
dedicated to helping in different types of projects, invest in new ideas and
projects.
If you have a new idea, project, inspiration, or talent that
you would like to generate profit of, look for investors to start developing
it. It is amazing to see how this is becoming the future of business. There are
no more limits to invest in the future and/or develop a great idea. Use social
media and this kind of websites in your advantage. You will never know how
beneficial these sources can be to your future.
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