Can Crowdfunding Work for Your Company?

You may want to consider crowdfunding if venture capital and private equity are not suiting your business's financial needs.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Contributor
CEO, Single Grain. Founder, Growth Everywhere.
2 min read
Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Eric Siu discusses ways other than venture capital or private equity to fund your business. 

Siu discusses his approach to raising funding for a company he just started. Siu's started with crowd-funding with small donations through an online audience. From there, he reaches out to high-earners whose yearly income hits around $200,000. When he has nailed down this particular group of people, Siu draws up an agreement specifically that targets these potential funders.

Crowdfunding gives smaller companies the flexibility to move forward faster. Click the video to hear more about how to fund your new company. 

Related: How to Follow in Nike's Footsteps When Marketing Your Business

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon FireRokuApple TV and the Entrepreneur App available on iOS and Android devices.

More from Entrepreneur

Learn how to get your own business launched with our on-demand start-up course. Whether your ready or just thinking about starting your own business, get started for free with our first 3 lessons and receive a personalized 1-page business brief.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur