See on Scoop.it - Yellow Boat Social Entrepreneurism

If you just need a little capital to get your idea off the ground, a donation-based crowdfunding project can be just the answer.

Your first step is to create your own crowdfunding page on GoFundMe. It’s only a 1 page form, but there’s a feature at the bottom that’s often overlooked. It’s a powerful feature labeled “Activate Extra Features” which offers 2 choices: Wish Lists and Reward Levels. These give your page the ability to offer more tangibility with your donations as opposed to simply asking for money. You can only use one at a time though.

The Wish List feature lets you show your potential donors what their money is going towards. As seen here, Union Street Eats has a goal of raising $5,500 for a grand re-opening of their SLC based taco cart.

http://www.gofundme.com/10e9hs?aff=dcsu1

With the Wish List, their viewers can choose to donate towards a commercial refrigerator valued at $900 or a truck valued at $2,500. Viewers simply click on the image to put their money towards that item, and then have the option of specifying how much to donate.

http://dailycrowdsource.com/crowdsourcing-training/tips/1275-there-is-a-current-alternative-to-equity-based-crowdfunding


See on dailycrowdsource.com