Tips to setting up sustainable crowdfunding system (Series1)

What is crowd funding? Is it a new Concept? What is its history and legal backing? What are some examples to understudy? Can my project by funding by a crowd funding initiative? You can find exhaustive answers below. Crowdfunding is a way of funding a specific project by raising donations from usually through a time limited campaign. It’s not new; war memorials, plaques and benches have been funded by small donations from communities for centuries. But the way that social media has developed provides the perfect conditions for crowdfunding as a fundraising tool to flourish. The crowdfunding industry is growing and entrepreneurs from all over the world are looking to shake it up. Are you thinking about starting a crowdfunding platform or related business? If you are, then you will need to do your research and due diligence first. There are many different types of companies and providers in the market. Mostly, funds are raised from fan or people who key into the vision. A good concept of crowdfunding polished by the media is mutual aid. “Mutual aid is unarguably as ancient as human culture; an intrinsic part of the small, communal societies universal to humanity’s ancient past. From the dawn of humanity, until far beyond the Invention of agriculture, humans were foragers, exchanging labor and resources for the benefit of groups and individuals alike.” – Wikipedia. Take a CASE STUDY HERE. A good example is GLOBALAID powered by HFE wide the vision of training, mentoring, inspiring and promoting the projects and fund raising campaign of its volunteers and trainees. GLOBALAID aims at provide funding and promotion to startups MSMEs who are often neglected by big financial houses through crowdfunding approach instead of waiting for funding from “one big investor” that are no more existing. Once people are gainfully employed, surely they will be able to carter for their most basic needs. ALL we do is HELP, VOLUNTEERING and PERSONAL assistance to needy individuals who deserve to survive just like the rich. Read Moreabout HFE GLOBALAID here Ideology of GLOBALAID: Millions Are Hungry And Farmished Globally. “There are people in the world so hungry, that God cannot appear to them except in the form of bread.” – Mahatma Gandhi. They need food not fish all the times but sustainable job that puts food on their table everyday. Enterprising ones can start a business like sales of groundnut and fruits with 64USD (N10,000). Here is HelpforEntrepreneurs to the rescue! Through you can GET SEED (300%) and monthly GROWTH FUND (40% to 50%) for your dream project. Click WHY HFE to learn more. With GLOBALAIDSimplified launching on July 1, 2017, you donate peer to peer in Naira and by choice in bitcoin and earn from your growth fund wallet every 30days (40% in Local currency and 50% in bitcoin). At same time, you earn 300% after 3months from your seed fund wallets. This is your Business Startup or Expansion fund. Additionally, you register FREE one orphan, fatherless child, widow or indigent out of school pupil for support by HFE Charity. The Child will be supported when you have proved your loyalty to our course for one year. Millions Are Unemployed, Farmished And Even Loosing Self Dignity Globally. “It is difficult for me to imagine what “personal liberty” is enjoyed by an unemployed person, who goes about hungry, and cannot find employment. ― Joseph Vissarionovich Stalin. “When you are unemployed, weekends are seven days long.” – Mokokoma Mokhonoana. Here is HelpforEntrepreneurs to the rescue! Through many are getting hired. The service is free. The only thing we need is please come back and drop your testimonies. For doing that, you definitely will receive more blessings. Click WHY HFE to enlist your Curriculum Vitae in our Job Board/Directory. Millions Of Enterprising Startups Msmes Need Advertisements But Cannot Afford To Pay For It. “Not every single broke and unemployed person needs a job; some need customers.” – Mokokoma Mokhonoana. Here is HelpforEntrepreneurs to the rescue! Enterprising ones who need customers thereafter, IN ADDITION TO FUNDING, members get their businesses and projects promoted in our Entrepreneurs/Projects Directory. Click WHY HFE to advertise your project, business and skill in our Classified/Projects Directory FREE for a whole year. Millions Of People Globally Need To Know Where To Get Life Sustaining Help. “If you give people tools, and they use their natural abilities and their curiosity, they will develop things in ways that will surprise you very much beyond what you might have expected” – Bill Gates. Again, Here is HelpforEntrepreneurs to the rescue! Yes, this is why this platform is created. Click JOIN the platform and earn 40% to 50% monthly to support your project. HERE ARE 6 TIPS ON HOW TO SETUP A SUSTAINABLE CROWD FUNDING PLATFORM The next series will bring more insight into the dos and dont for successful crowd funding system.