Successes and Failures of Crowdfunding [Infographic]

When suddenly struck by an idea that could change the way we all live, it shouldn’t be squandered from lack of funding. Unfortunately, though, this is the case and its seen time and time again. But thanks to fundraising platforms like Indegogo and Kickstarter, finding donors to help you with your big idea is easier than ever. Crowdfunding is one of the most popular money making processes for startups and for many it’s been the key ingredient to their success.

Anything can be crowdfunded (provided that it’s legitimate), from disaster relief fundraising, to movie making, to research.
Crowdfunding is about more than just making money. People love finding causes and projects that they can get behind. Generating a loyal and supportive following as well as exposure is just as valuable as the funds.

Let us know what you think about this infographic on the power of crowdfunding and let us know in the comments.

Source: Top-Business-Degrees.net

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

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