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Archives for December 2014 | George Ilian | The Online Money Making Advisor

Posts made in December, 2014

How to Make Money with CrowdFunding

How to Make Money with CrowdFunding

By on Dec 2, 2014 in Blog, Make Money Online Bonus | 0 comments

One of the newest ways to make money online is called crowdfunding. Crowdfunding involves getting a large number of people to financially fund your business idea via donation, allowing you to achieve whatever it is you want to achieve in your career (and in your life) without having to come up with all of the money by yourself. How to Do It How does crowdfunding work? Here are the basics: Step #1: Come up with an idea. What is it that you would do if you had the money to do it? Would you start your own business? Create your own non-profit? What would you do with your life if money was no object? Whatever the answer is to these questions is your idea. This is your vision of what you want out of life, or your mission behind your crowdfunding campaign, if you will. It is also important to know what problem your idea solves. Who does it benefit? How does it benefit them? What issue or concern does it alleviate? How does it make the world a better place? Step #2: Create a plan. With your future vision in mind, how would you make it happen? In other words, what steps would you need to take in order to turn it into a reality? Create a plan that is as detailed as possible. Include short-term goals, as well as long-term goals so that you have a crystal clear image of what you want to accomplish. This step will also help you figure out how much money you need to raise through crowdfunding. Step #3: Develop your pitch. Your ability to get people excited about your idea may be the difference between living your dream and having a life in which you always want more. So, you need to develop a pitch that makes others want to be a part of your vision enough to open their wallet to you. Think like they would and answer their questions before they can even be asked. If there are going to be hurdles to cross, discuss how you intend to overcome them. If you have competitors, explain how your idea is better for the environment, more efficient, or cheaper. The...

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