Fri, 4 March 2022
More Mistakes in Crowdfunding Campaigns
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Fundraising requires preparation and execution.
Avoid these additional mistakes in running your crowdfunding campaign:
Not building your crowd before launching your campaign.
It’s important to identify your crowd and raise awareness about your upcoming campaign.
Not developing relationships with influencers and networkers who can extend the reach of your campaign.
It’s important to set up several connectors who can give you access to new investors throughout the campaign.
Selecting the wrong platform.
It’s important to choose a platform that helps you connect to your target audience.
Not demonstrating a growth story throughout the campaign.
It’s important to show progress through updates to investors as they look to fund startups with momentum and traction.
Not setting a realistic fundraising goal.
It’s important to break the fundraise into stages and sprints.
Not following up with your investors to address questions and concerns.
It’s important to follow up with investors in a timely manner to close them.
Avoid these mistakes in building and running your campaign.
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