It’s an Art of the Kickstart first today as Arno Smit of FundedByMe joins the podcast to share the world of equity crowdfunding and how entrepreneurs and inventors everywhere are using not just reward based crowdfunding to build their businesses. We chat about the future of entrepreneurship, crowdfunding and how businesses everywhere are being dynamically changed through the amazing innovation the internet is enabling. This is an unconventional interview which will shed some serious light about the other opportunites available to inventors, especially those outside the United States looking to raise capital and how best to go about it.
The Funded By Me Platform
Success Quote
“Never give up…just follow your dreams.”
Key Crowdfunding Takeaways
- How a Kickstarter rejection led to an entire crowdfunding platform
- The dynamics and differences in crowdfunding between Europe and the US
- When to decide a business problem is worth solving
- How equity crowdfunding works and is building business everywhere
- The challenges of two sided marketplaces
- When it makes sense to use equity as opposed to reward crowdfunding
- Why the JOBS Act has failed to revolutionize crowdfunding in the US
- How to compete against the most powerful players in the market
- The effect equity crowdfunding investors can help build their businesses
- Where crowdfunding is going in the next 5-10 years and how it will change the world
- Why other crowdfunding platforms are popping up everywhere
- The absolute importance of team building and how to grow an organization
Links
Influential Business Books
Connect with Arno
FundedByMe Success Stories
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Our Sponsor
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