Asking for Help – Get Financial Support with Crowdfunding
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Wondering if crowdfunding platforms might be a boost for your new business venture? We are here to empower businesses looking for help & strategies around asking for donations.
What is crowdfunding?
Crowdfunding is where you get a lot of people to invest in your idea, rather than finding one person to come up with everything you need. Crowdfunding is basically crowdsourced money.
Everyone chips in a little bit to achieve the ultimate goal. But while you can ask your friends and family to each kick in some cash, you don’t necessarily want to ask 500 people to write you a check or hand you 20 bucks. For one thing, it can be uncomfortable and awkward. For another, it’s time-consuming.
Instead, you can use a crowdfunding platform to manage all the collections and give you a central location to share your ideas, along with the materials and videos that explain what you’re trying to accomplish.
In this video, we cover 4 different platforms in this video, but here is a list of 20 that you could use for your business:
Some of them are more geared to developing products, others are about funding artistic endeavors, and still, others are ideally suited to nonprofits. Some sites will collect all the money as it comes in; others won’t collect it until the goal amount is reached.
Regardless of the work you want to do, the goals you want to accomplish, or the lives you want to change and save, there are crowdfunding platforms of all sizes, aims, and areas of focus. There are investors who want to see a return on their loans, and there are sites where the only aim is to fund creative projects or lifesaving nonprofits.
Figure out your end goal, and start your research. Find a platform that will suit you and your desires, and then go all in. Don’t split up your efforts between platforms, because that will only confuse people. Focus on that one platform and that one goal, and tell everyone about it, until you raise your funds.
Part of being an entrepreneur is having the drive and passion to ask for money when you need it. These crowdfunding platforms make asking for that money much easier, and even let you give your donors and supporters a little something in return.
We know that your business may be experiencing disruptions resulting from the global outbreak of COVID-19. Now, more than ever, we are here to give our support to our community and businesses out there. Our experienced GoDaddy Guides are here to take you through all the steps, both big and small, during this difficult time. If you have questions, you can call our GoDaddy support line at +1 (480) 463-8389. Stay safe and stay healthy!
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Related videos: How to Use Online Tools to Boost Charitable Donations (https://youtu.be/k_vAwKlPp98) & How to Add Donation Tools to Your Website (above)
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