Resources for Startups and Entrepreneurs Microwork
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Resources for Startups and Entrepreneurs 1. Microwork 2. Sharing Economy 3. The Investment Cycle 4. EU SME and Startup Funds 5. Microlending, Microfinancing, and Microcredit 6. Crowdfunding (P2P Financing) 7. Alternative Lending 8. Vendor/PO Financing and Online Factoring 9. Other Sources of Financing 10 Resources Microwork (get paid for fulfilling tasks online) Amazon Mechanical Turk LiveOps InnoCentive Samasource Paid online survey sites Kindle Direct Publishing (self-publishing) Craiglist (classified ads) Monster (find a job) Newsy or CNN iReport (citizen journalism) YouTube Partner (share ad revenues) CCNow (accept credit cards and PayPal payments) Amazon Associates (get a commission on referred sales) EBay or Etsy or Alibaba (sell things, including handicrafts) Shareconomy (Sharing Economy) View introductory video AirBnB or Couchsurfing (share your home for a fee) Eatwith or Kitchensurfing (host a meal and get paid) Vayable (become a tour guide) Uber or Lyft or Sidecar (give rides in your car) BorrowedBling or Girl Meets Dress or Rent the Runway (lend your jewelry and haute couture for a fee) Yerdle or Snap Goods (Simplist) or Open Shed (swap, rent, or borrow things) Relay Rides or Getaround (rent out your car) Favor Delivery (get deliveries – or deliver) Task Rabbit (handyman services) Waze (community rides) The Investment Cycle Register firm in target market Doing Business Equity structure Common stock Stock options Convertible debt Series A Preferred Stock (convertible to common stock on IPO/sale) Investment Cycle - Overview Seed Funding Angel Investors Venture Capital (VC, Ramp Up) Exit (via IPO/sale/M&A, Management B/O, ESOB - Employee B/O) Investment Cycle - Details Seed Funding FFF (Friends, Family, Fools) Angel Investment/PPO Gust AngelList (syndicates) Angels Den (screening/due diligence for syndicates) Super Angels Private Equity/VC Spray and Pray, VC: Exit at 000s multiple (size) Draper Fisher Juverston Accelerators--->pitch/demo 1M/1M (virtual global accelerator) Y Combinator (requires relocation to Bay Area, USA) 500.co (global) TechStars (watch video) Seedcamp Startupbootcamp (mentoring) SOSV 4YFN fair Entrepreneur First (Europe. Click on Find More and watch the video) Corporate Accelerators/Intrapreneurship (Internal Startup)/Corporate VC Warya Incubators and Inculators TecHub AngelPad Nine Plus Sector-specific Energy Saving Trust Listing (IPO) Microcap and Noancap in OTC (unlisted public companies in ASSOB Australia, OTCBB, OTC Link, Pink Sheets in USA) EU SME and Startup Funds Horizon 2020 for ICT FIWARE Accelerator Program (watch video) COSME (via banks, provides access to finance) Eureka Eureka's Eurostars EIF – WB EDIF CIP guarantees FP7 7th Framework Program (current program: HORIZON) COST SME Instrument Links to EU programs EU Funding EU Startup Services EU-backed Small Business Loans European Small Business Portal Startup Europe Digital Single Market - Capital Your Europe – Access to Finance Welcome Europe Grants EU Startups Other countries and Multilateral International Financial Institutions Russia's International Assembly of Business Angels (Eastern Europe) EIB (via banks, finances midcaps directly) IFC EBRD (click on Learn More) Microlending/Microfinancing/Microcredit Mozhnosti MYC4 (Africa mostly) Kiva (watch video “How It Works”) MyELEN Opportunity International Microloan Foundation (Africa mostly) United Prosperity Vittana Grameen Bank Crowdfunding/P2P Financing NESTA on crowdfunding: default rates lower than in commercial banks and 83% of crowdfunded firms remain in business after 7 years! Kickstarter Indiegogo GoFundMe RocketHub Peerbackers Tilt Investedin (crowdfunding tools) Success Stories: Macedonia Macedonians LetsFundIt (Macedonia) Equity Crowdfunding (JOBS Act) Crowdfunder GrowVC EquityNet Circle Up (branding) Microventures (investors) OfferBoard (series B and later) OurCrowd (watch video) Crowdentials OneVest (Apply to Raise) SeedInvest CrowdCube (bonds and funding) Seedrs BankToTheFuture SyndicateRoom Investiere Companisto FundedByMe Crowdfunding Portal (German) iCrowdFund Fonlabeni Fundrise (real estate) Wefunder Crowdfunding Apps Kickstarter Android iOS Indiegogo Android iOS OFF3R (crowdfunding aggregator) IdeaStarter What happens if you raise TOO MUCH money??? Crowdfunding Process: C2D2 C ommunity D iscoverability C ollection D istribution (perks) Project Writeup Project Video Landing Page (description, video, conversion) Chain Letter with call for action Social Media (Twitter, Facebook, YouTube, Snapchat, Instagram, Pinterest) Events and Media Updates and Perks 5 Steps to Successful Campaigns Success Stories: Kickstarter (on Entrepreneur.com) Success Stories: Indiegogo Most successful crowdfunding projects ever CrowdfundingBlog Forbes Success Stories: Equity Crowdfunding 5 Steps to successful equity crowdfunding campaigns: CrowdFundInsider Entrepreneur.com ConversionXL P2PLending and P2PInvesting ---> securitization Zidisha Zopa Funding Circle RateSetter Bondora Omaraha Lendify ToBorrow GiveTake Lending Club Lendico Resource http://www.businessnewsdaily.com/6106-equity-crowdfunding-tips.html Alternative Lending On Deck (see if you qualify) Kabbage (watch video) Prosper.com Lendit Conference Vendor/PO Financing and Online Factoring Fundbox Taulia (watch video) Tungsten Finance (clearing and escrow accounts) PrimeRevenue Orbian Demica ASYX Other Financing Sources Product Presales Resource Donate/Pay As You Will - Examples Intellectual Property Business Plan Competition – Find one! SBA/SBIR/STTR Grants Resources http://www.forbes.com/sites/martinzwilling/2013/03/06/10-more-creative-ways-to-finance- your-startup/ http://www.cnbc.com/2012/05/25/11-Ways-to-Finance-a-Start-Up.html http://www.businessnewsdaily.com/1733-small-business-financing-options-.html Wikipedia Pages Microwork Sharing Economy (Shareconomy) Seed Money Angel Investor Super Angel Crowdfunding Comparison of Crowdfunding Services Equity Crowdfunding Seed Accelerator Business Incubator Peer-to-peer Lending Microcredit.