Past Successes: How Do They Determine Crowdfunding Project Success?

How often do you talk about the past successful campaigns you have worked with? Perhaps you have highlighted all those crowdfunding campaigns whenever you had the chance. Most of those looking for funders for their project think that talking about their past successes will gain them the trust and loyalty of potential funders. But does it really?

There is a huge difference between describing a project that has become great and talking about the project and your background to back it up. In this way, you are not only highlighting the success of the project, but your many skills that made it a success. After all, only brilliant minds are able to think of good projects and fuel it with passion as well.

The two most brilliant ways to talk about the crowdfunding project you want to initiate to potential funders is to highlight your education and then talk about the past successful projects you have handled because of the skills set that you have acquired over the years of studying and at-work practice.

In any venture capital like that of a crowdfunding project, education plays a vital role in ensuring the people that they can put their trust on you. If the founding member of the team holds a doctoral degree, it really does make an impression. Even those that come with an MBA degree will gain immediate interest too. The higher educational attainment the founder has, the better it is for the campaign. Don’t be afraid to casually mention your degree into the conversation and it might just be your ticket to them signing up.

A proven track record can bring in potential donors as well. In fact, researches show that those foudners who have had a successful kickstarter campaign tend to gain more following than those who’s just new in the industry. Thus, if you want to succeed, you better work on building a track record that only spells out success.

Have you ever launched a crowdfunding project before? You don’t need to have had one to be able to make a good impression. Past successes in projects you have worked with will bring about more donors to invest. After all, they are looking at the project’s success not because of the idea that fuels it but the hand-working person behind it.

Gaining funding using the crowd
Gaining funding using the crowd