Crowdfunding is the new way for small and mid-size entrepreneurs to fund their ideas. Instead of going to a bank and having to go through the whole application process, they go to a crowdfunding site such as Kickstarter, IndieGoGo and GoFundMe, put up their ideas, and receive pledges.
It's more than just business ideas, of course. GoFundMe for example also does charity work - to help people pay medical bills, for example.
http://crowdfundermagazine.blogspot.com/ is a new blog that showcases a variety of campaigns on the crowdfunding sites.
The idea is to "connect micro-investors to entrepreneurs."
My idea is to develop a core (and even a corps) of of a thousand or so micro-investors who can afford to pledge $10 a month to help back these entrepreneurs. They'll choose ten campaigns each month that appeal to them, and pledge $1 (or more of course.)
If we can put together a core group of a thousand people (and continue to build on that) all these worthy campaigns can get money towards their goal, and our core of microinvestors will earn plent of angel's wings.
There's a website for this: dragonwinggroup.com/FAEO, which publishes a video crowdfunding magazine that showcases three campaigns in the same niche, per week.
The first issue has been published at YouTube and features two graphic novels and a comic convention in Detroit.
So if you'd like to become a micro-investor and help out, check out the crowdfunding websites on your own, or subscribe to the blog, or bookmark the website, and let's start helping people, $1 at a time.
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