Difference between revisions of "Funding"
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Getting people to help be inspiring them to do it for free or by negotiating a more preferable rate. Barter or trade goods and services. | Getting people to help be inspiring them to do it for free or by negotiating a more preferable rate. Barter or trade goods and services. | ||
==Crowdfunding== | ==Crowdfunding== | ||
| − | These are [http://en.wikipedia.org/wiki/Crowdfunding '''crowdfunding'''] sites like [http://www.kickstarter.com/ '''Kickstarter'''] and [http://www.indiegogo.com/ '''Indiegogo'''] | + | These are [http://en.wikipedia.org/wiki/Crowdfunding '''crowdfunding'''] sites like [http://www.kickstarter.com/ '''Kickstarter'''] and [http://www.indiegogo.com/ '''Indiegogo''']. These are new sites that people contribute small amount, yet they do not own an interest in the outcome (i.e., part owner). The contributors get to feel they are part of project and feel vested in its success. They become brand advocates and are often the early purchasers if the project becomes a project. |
==Friends & Family== | ==Friends & Family== | ||
Asking friends or family to contribute in some way. | Asking friends or family to contribute in some way. | ||
Revision as of 06:52, 24 September 2013
Funding is the total financial resources required to make an eDream happen. Funding is an enablement component of making an eDream successfully happen. Funding Insight provides insight into the potential methods our securing the financial resources that may be required for the successful enablement of an eDream.
Contents
Personal Funds
Personal savings.
Inspire
Getting people to help be inspiring them to do it for free or by negotiating a more preferable rate. Barter or trade goods and services.
Negotiate/Barter
Getting people to help be inspiring them to do it for free or by negotiating a more preferable rate. Barter or trade goods and services.
Crowdfunding
These are crowdfunding sites like Kickstarter and Indiegogo. These are new sites that people contribute small amount, yet they do not own an interest in the outcome (i.e., part owner). The contributors get to feel they are part of project and feel vested in its success. They become brand advocates and are often the early purchasers if the project becomes a project.
Friends & Family
Asking friends or family to contribute in some way.
Investors
Angel Investors, Venture Capitalists or an investors that owns a piece of the success.
Loans
Credit cards, banks loans or targeted loans (i.e., mortgages, student loans)
Funding Programs
Grants or targets funds (i.e., student scholarships)
Optimize
Free up funding by reducing existing expenses
