Chapter 14Crowd Funding Experts Share Their Secrets

People who have become experts on crowd funding have gathered their knowledge by approaching this topic from various angles. In the previous chapter, you read strategies and advice from executives who represent popular crowd funding platforms.

In this chapter, you’ll meet several crowd funding experts who help their clients achieve success using crowd funding, and then in Chapter 15, you’ll read about the varied experiences of inventors, small business operators, and creative professionals who have successfully used crowd funding.

You already know that crowd funding is still a relatively new practice that is evolving quickly as it continues to gain popularity. As you’ll soon discover, reward-based crowd funding has few legal restrictions and tax implications, but some legal experts who specialize in crowd funding believe this will eventually change, and, as someone hoping to use crowd funding to raise money for some type of business or project, these potential future legal and tax implications are worth considering, and perhaps preparing for.

As you read these interviews, keep in mind you’re not being given individualized legal advice. You’re simply learning from the personal opinions of lawyers and consultants who specialize ...

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