One of the greatest trends over the latest years in entrepreneurship is related to Crowdfunding, and particularly how you can use Crowdfunding to fund your startup.
However, truth be told, this is a financing mechanism that is still unknown to the bulk of the entrepreneurs, as we aren’t used to understand specifically how we can benefit from it.
“Oh, that’s too complicated for me, I’ll just take a Bank Loan.”
That’s what so many of us typically think, right? Well, first of all, I hate bank loans and will always recommend against taking one, especially to starting a business. There’s nothing worst than starting a business with a rope around your neck.
So, Crowdfunding presents itself as a tremendous opportunity because it is absolutely risk free and you can not only validate your idea but actually fund the entire development of your business through some online platforms that we’re going to talk in a second.