What is my take on the concept of crowdfunding?

And is it a good idea to keep a business active? Well, I do like crowdfunding. I think

crowdfunding with technology is a great invention for any entrepreneurs who maybe have an idea,

but they're not so sure if the marketplace is actually receptive for this idea.

Is there actually a demand, is there a need

for what you want to sell?

It is a very cost effective way to find out, right?

You create a little nice description,

maybe you film a little video,

and you can put out in the marketplace,

you can even run some traffic to it

and see if there's actually people want to buy your product

because sometimes as an entrepreneur as a business owner you come up with an idea you talk to your

mom you talk to your dad you talk to your friends hey what do you think of like me selling this thing

I've got an idea for this widget and they say yeah that's that's good son I think it's a great idea

I'm supportive your friends like yeah that's good son. I think it's a great idea.

I'm supportive.

Your friends are like, yeah, they're saying that, yeah, I think it's a great idea.

You should go for it, right?

They always give you this kind of false hope that you think, oh yeah, I think all my friends think is a good idea when you actually sink a whole bunch of money into it.

And they say, okay, now I finally have that widget.

Now you spend a lot of money, a lot of time and effort

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