Crowd funding on the net? good? bad? ugly?

[MysticGreen]

I am currently starting a new business and have been looking at getting crowd funding. Any preferred sites. Any advice, suggestions etc.
The good, bad, ugly.

 

[maumau]

What's the business?

 

[Ninja'd]

What's the business?

Breaking knees

 

[Polymathic]

I am currently starting a new business and have been looking at getting crowd funding. Any preferred sites. Any advice, suggestions etc.
The good, bad, ugly.

Good luck finding backers

 

[envo]

trying to crowdfund the start of a business is going to be an uphill battle at best.

the reason why crowdfunding works is because it is usually centered around a product that people might want/need that solves a particular problem or enhances their lives in some way.

so in terms of crowdfunding a product (that will essentially kick-start the business), sure. But if you mean business as in "i want to start a retail shop selling clothes" or some form of consultancy or services, then your approach in finding investors is slightly wrong.

 

[maumau]

I'm not putting money into anything without knowing what the business is.

 

[ShaunSA]

What's the business?

Spreading your legs while throwing money at a man

 

[skeptic_SA]

Stop being so negative 'erebody. This damsel needs our help. Surely we can assist at least with some leads?

Here I'll start:

https://jumpstarter.co.za/
http://www.startme.co.za/
http://www.smesouthafrica.co.za/7125/These-4-SA-startups-are-raising-funds-through-crowdfunding/
http://www.fundfind.co.za/
https://candystick.co.za/

Sorry OP I have no experience with any of these. Or crowdfunding at all tbo. But what I do have is a particular set of skills. And a soft shoulder to lean on if you need a good cry. Or release. Or whatever. Im amenable like that.

 

[MysticGreen]

trying to crowdfund the start of a business is going to be an uphill battle at best.

the reason why crowdfunding works is because it is usually centered around a product that people might want/need that solves a particular problem or enhances their lives in some way.

so in terms of crowdfunding a product (that will essentially kick-start the business), sure. But if you mean business as in "i want to start a retail shop selling clothes" or some form of consultancy or services, then your approach in finding investors is slightly wrong.

I have the research and its definitely a form of donation as opposed to investment.
You have to put your product out there with a video and then people basically give you money with no demand of return on investment.
As a gift you offer the product to your donators.

 

[MysticGreen]

Spreading your legs while throwing money at a man

yep
like your mother does

 

[MysticGreen]

trying to crowdfund the start of a business is going to be an uphill battle at best.

the reason why crowdfunding works is because it is usually centered around a product that people might want/need that solves a particular problem or enhances their lives in some way.

so in terms of crowdfunding a product (that will essentially kick-start the business), sure. But if you mean business as in "i want to start a retail shop selling clothes" or some form of consultancy or services, then your approach in finding investors is slightly wrong.

by the looks of it - the businesses are pretty varied.
from "i wanna make a movie"
"i want a truck to deliver gas"
"i need a deposit on an office"
All sorts