If you are thinking raising money through crowdfunding project so there are some tip for you that can help you to attract investors for your crowding projects. Crowdfunding supports you to enhance your capital in a time. There are lot of crowdfunding sites available for the investors.
Here we are going to share some critical crowdfunding tips that can useful for you to attract investors for your crowding projects.
1. Attending Conferences And Joining Investor Groups
Joining investor groups and attending conferences is an important part of getting investors for your campaign. One such example is for Yazbeck who joined a group for “cannabis” investors a year before he launched the Series A funding for MyDx.
2. Build Your Network
The larger your social network, the chances of getting investors will be high. According to a report, you need 3225 to raise $50,000. Building a social network need a greater time, and should start months before your campaign.
3. Create a Impressive Video
Just as Kickstarter you can create an great video adds to an effective value crowdfunding campaign. Campaign with video is really effective and attract the investors more than people who had no video. But you should remember that quality of a video is most important. An awful Video can hurt profit. An entrepreneur should invest in a genuine well produced not in explainer video or one that tells a additional comprehensive story and how can you utilize investor’s money.
4. Fund Raise On Wednesday
Generally Investors are alive on weekdays so it is difficult to commit anything followed by Monday and Friday. Financial specialist responsibilities trailed off on the ends of the week. Also, venture has a tendency to back off amid occasions and occasionally bustling circumstances, similar to the back-to-educational season.
5. Create a “Perfect Action Plan”
Launching a crowdfunding campaign without a perfect action plan is just of no use. We all know that investors will take knowledge about the action plan before going for investment, so for attracting investors you should have 1 plan for get going and other for backup which can be called as Plan B.