Crowd funding pioneer Capital Management Associates provides to small businesses and entrepreneurs access to capital. David Weild, CEO of CMA, has provided a visionary mission for his company. By funding start up companies with paradigm-changing ideas, it’s possible to experience the future today.
Crowd sourcing allows many people to invest in an idea. For many businesses, it can be difficult to establish a source of funding. Many small businesses rely on funding from friends, family, and angel investors. While these can be a useful way to fund a company, it can be difficult to scale these up for companies that require significant investment.
By using crowd sourcing, it’s possible for smaller companies and individual entrepreneurs to receive funding for their ideas. Many smaller businesses can be difficult to manage without proper funding. This can include businesses ranging from social networks to coffee shops. While these businesses may be in different fields, they have at least one thing in common: an individual with a vision.
Crowd sourcing allows smaller businesses and individuals to receive funding for their ideas. Investors can choose what ideas they want to see developed. Since crowd sourcing can bypass many of the traditional investment hurdles, it’s possible to speed up the development process of a business. In addition, many individuals can see a significant return on their investments for paradigm-changing ideas.
One recent application of crowd sourcing was for the video game Wastelands 2. Wasteland 1 was a game developed by an individual programmer. Jacob Horfield, developer of Wastland 1, didn’t have an extensive history in video game development. However, he did have a powerful idea. Jacob knew what he wanted to develop and he knew what people would enjoy. He financed the first game with the assistance of friends and family. While many elements of the game were simplistic due to the limited budget, it was a commercial success.
Jacob Horfield has secured funding for a sequel of the Wastland series through the use of crowd sourcing. By appealing directly to gamers, he was able to secure the funding necessary to create a great sequel. While Jacob didn’t have the funds to dedicate all his time to the first game, he has managed to secure enough money to work full-time on development of the new game. In addition, he has been able to hire a team of artists and animators to work on details for the game. This would not have been possible without crowd sourcing.
Crowd sourcing can be used to spur the development of a variety of games and other ideas. While crowd sourcing can be used for many entertainment-oriented projects, it can also be used to fund development of more basic business ideas.
For example, it can be difficult for an individual or a small group of people to fund a business idea. Even a food cart can cost upwards of 40,000 USD. For some people, it can be impossible to secure a loan for this amount without collateral. Crowd sourcing allows the power of the people to fund radical ideas.