Now that there are five distinct types of Crowdfunding, many business owners are confused about which one to use and why to use it. Crowdfunding had experienced a large amount of growth in 2014. Over $9 Billion dollars changed hands. China is poised to see the largest growth this year. Crowdfunding is a viable option for many business owners when they understand how to use this powerful tool.
This summer, Dr. Letitia Wright, America’s Crowdfunding Strategist, has begun teaching Crowdfunding 101 in Las Vegas, Nevada for the Small Business Administration. The SBA offers these classes at no cost. “It’s a simple concept, however there are so many misconceptions about it, many business owners can blow it off like the newest fad,” says Dr. Wright. “It is not a fad, it’s here to stay and business owners need to understand how to use it.”
“The biggest mistake business owners make is trying to use personal fundraising tactics for their Crowdfunding project. It comes off as begging or some kind of scam when not done correctly. Crowdfunding can grow raving fans of your products and services as well as it can increase sales of your products and services. Everything is still about positioning,” says Dr. Wright.
Dr. Wright’s free resource guide helps the business owner figure out where to start. You can download it for free at http://www.getcrowdfundednow.com
Company Name: The Wright Place
Contact Person: Dr. Letitia Wright
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Address:3281 E GUASTI RD, Suite 742
Country: United States