If you have an idea that requires funding, it may be worthwhile to look to the Internet. Enter GoFundMe, which is a crowdfunding platform where users can financially back the projects that they deem promising. Not every project will be a grand slam, however, so knowing where your money should go takes a considerable amount of attention. For those that would like to make smarter investments on this site, the following do's and don'ts from Robert Jain should be adhered to.
DO understand that projects vary in many ways. This is especially true when it comes to legitimacy, as not all of them will end up coming to fruition. You might have heard of stories of people earning money for their projects, even beyond the goals that they set, only to end up not fulfilling their promises. For this reason, be mindful of the projects that you back. Bob Jain and other authorities on finance will tell you to do the same.
DON'T forget to stay up-to-date. Once you back a project, you will be able to track its progress over the course of time. What this means is that you should tune in every few weeks or so to see what these groups have to say. Perhaps they have news to share about new content or dates. Whatever the case may be, the more that you stay up-to-date with these projects, the more that you ultimately benefit from them.
DO reach out to those in charge of the projects you back. If you feel like you're not receiving the updates that you feel you should, why not reach out to the creators directly? You can do this through email, social media, or even text if they allow for a phone number. The more lines of communication you have, the easier it will be to get in touch with the right people. This will provide you with the information that you're looking for.
DON'T become frustrated over GoFundMe mistakes. Whether it's investing too much money or ending up funding a dud, GoFundMe oversights are common. These don't have to go to waste, however. In fact, it's recommended that you make note of said oversights so that you stand a lesser chance of succumbing to them in the future. You will be able to make more solid investments, no matter what they'll eventually be for.
DO understand that projects vary in many ways. This is especially true when it comes to legitimacy, as not all of them will end up coming to fruition. You might have heard of stories of people earning money for their projects, even beyond the goals that they set, only to end up not fulfilling their promises. For this reason, be mindful of the projects that you back. Bob Jain and other authorities on finance will tell you to do the same.
DON'T forget to stay up-to-date. Once you back a project, you will be able to track its progress over the course of time. What this means is that you should tune in every few weeks or so to see what these groups have to say. Perhaps they have news to share about new content or dates. Whatever the case may be, the more that you stay up-to-date with these projects, the more that you ultimately benefit from them.
DO reach out to those in charge of the projects you back. If you feel like you're not receiving the updates that you feel you should, why not reach out to the creators directly? You can do this through email, social media, or even text if they allow for a phone number. The more lines of communication you have, the easier it will be to get in touch with the right people. This will provide you with the information that you're looking for.
DON'T become frustrated over GoFundMe mistakes. Whether it's investing too much money or ending up funding a dud, GoFundMe oversights are common. These don't have to go to waste, however. In fact, it's recommended that you make note of said oversights so that you stand a lesser chance of succumbing to them in the future. You will be able to make more solid investments, no matter what they'll eventually be for.
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Kindly contact Bobby Jain for more information about finance.. This article, Robert Jain: The Do's & Don'ts Of Gofundme Investments has free reprint rights.
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