This week I’ve met with an angel investor and crypto enthusiast James Sowers to catch up on latest trends and developments in blockchain and business funding industry. The rise of the ICO led to active discussions around the regulations for this type of crowdfunding from the US residents. We can see some of the registered funding portals actually adding token sales to their offerings. So what is happening in the world of crowdfunding?
Generally defined as the practice of sharing a business's profits and losses among different groups within or associated with that business. Where the different groups might include partners, employees and collaborators.
Hardware is hard. Beyond the usual business hurdles and risks, designing and manufacturing with trusted partners is a challenge for most of the product companies. This also makes them a more risky deal for potential investors. That is one of the reasons it is hard to raise money for product companies.
When Andrew Carnegie arrived in the US in 1848, he had barely a dollar in his pocket. By 1901, he was the richest man in the world. Deciding to share his wisdom, he helped pioneer the self-help genre by participating in publishing of " Think and Grow Rich " in 1937 that has become one of the top-selling books of all time.
Crowdfunding in the United States started around 1997 and have slowly evolved together with the securities and exchange regulations. The two early types of crowdfunding have been in the form of donation and rewards-based crowdfunding. With the new legislations, equity and debt-based crowdfunding have started to increase in popularity. Although they are all under the same umbrella term “crowdfunding” each type is significantly different and we will try to shed some light by explaining each one of them.
In this blog, you will have a quick overview of some important questions that you should keep in mind when writing your business plan. We are looking forward to help you fundraise on your terms and grow your business.
For some small business owners and budding entrepreneurs, working from home will do when you're just starting and having your feet on the ground. Eventually, the need to have a dedicated office building where employees can report to and clients can identify with becomes necessary as the business grows. Congratulations if you’re at this point in your company’s development. If and when you do decide to take this step, it is natural that leasing an office space comes to mind.
Topics: Business Resources