APPROACHES TO CROWDFUNDING PROMOTION (II)

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The Power Of Responsive Ideas

As much as you would link the success of a crowdfunding effort to the degree of work put into awareness and constant reminders, the IDEAS that serve as the basis upon which crowdfunding campaigns are being launched are very essential in the value placed on crowdfunding itself. So as much as crowdfunding needs a lot of effort to work, the efforts turn out to be much more productive because the ideas that are being crowdfunded are innovative and groundbreaking.

I got to know about Crowdfunding because a friend from Venezuela had an idea of starting a biomedical startup with 3D-Printer as the major tool of operation. The idea of 3D-Printing fascinated me and I got to know more about Crowdfunding while I was figuring out the use of a 3D-Printer. I ended up creating his campaign content in English since he was only fluent in Spanish.

His responsive idea of a biomedical startup impressed me and made me know more about his project but now I have become a crowdfunding enthusiast and evangelist.

It is high time that African Innovators and Modernists adopted crowdfunding as an innovative method of executing their ideas or projects on a bigger scale. It is also important to note that these ideas or projects must be responsive to Africa for the purpose of relevance that would drive attention to crowdfunding as one of the best means of raising funds for creative projects.

More than 60% of the youth population in Africa is not aware of crowdfunding and the enormous potentials it has in a continent like Africa. But if there is a responsive idea being properly promoted through social media and linked to crowdfunding, many people most especially the youths would be informed about Crowdfunding. Also, other youths with great ideas would begin to patronize crowdfunding as one of the best means of raising funds that have no strings attached to them.

We must not underestimate the power of responsive ideas when it comes to promoting crowdfunding in Africa.

Perhaps the lack of or inadequate responsive ideas is one of the reasons Crowdfunding has not been in African’s financial mainstream. So as much as we evangelize for the practice of crowdfunding, we must also encourage emergence of responsive ideas that are essential to the increase in Africa’s productivity index.

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About Author

OLUWAmuyiwa Omole is a vibrant Educator, Writer and Crowdfunding Enthusiast whose interest lies in the facilitation of Quality Education for the purpose of Sustainable Community Development. His expertise spans across Education, Engineering, Contents and Systems Development. As a Community Developer, OLUWAmuyiwa sees crowdfunding as a tool for financial empowerment for young individualists working towards executing Community-Based ideas.

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