Myth #1: Crowdfunding is an easy way to raise money for your project.
You need money for a project and crowdfunding sounds like a good idea. You create and launch a campaign page within a few days. What could go wrong?
Successful crowdfunding takes a lot of pre-planning. If you aren’t already active on social media with a large following, then you’ll need at least a few months to build a network. You need this network because these are the people who will fund your project. You also need to let your followers know about your campaign before you launch it. You don’t want to launch it and have it remain stagnant for days or even weeks while you’re busy letting everyone know about it. That doesn’t bode well for the future of your campaign.