Man of the Hour Magazine Releases Advice for Potential Crowdfunders

This latest article includes the many benefits of crowdfunding from Man of the Hour magazine, as well as some of the weaknesses.
 
 
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Jan. 16, 2014 - PRLog -- Kickstarter, on of the most popular crowdfunding websites, has hosted the successful fundraising of almost 20,000 projects in 2013 alone.  Kickstarter is only one of many crowdfunding options for a potential business, campaign, or even idea--in the last few years, more and more websites have popped up, all with the intention of making it that much easier for a growing company to personally interact with their potential buyers.  Man of the Hour magazine has published an article detailing all the potential benefits of bolstering your company with the use of crowdfunding.

It can seem a little scary for a potential backer to donate his or her money to an unknown project, but that is why these crowdfunding sites offer certain precautions--for example, Kickstarter won't charge the donors until the project has been fully funded.  Additionally, these sites usually have some variation of legally binding language that warns creators of the consequences if they choose to misuse the donated funds.  All over, this article provides a well-rounded analysis of the pros and cons of crowdfunding, and why a fledgling business might want to try it out.

For more information on crowdfunding and Man of the Hour magazine, follow the link here:

http://www.manofthehourmag.com/apps/blog/show/40707582-up...

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Tags:Crowdfunding, Advertising
Industry:Business, Marketing
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