Crowdfunding: Your money building someone else’s dream

Australia FlagMAKING your dream business or idea a reality is actually getting easier thanks to a crazy little thing called “crowdfunding”.

Basically a spawn of the internet, crowd funding is a platform that combines the people power of the internet and social media with creative, business, or philanthropic ideas.

A Queenslander individual set up their own campaign last week on IndieGoGo, a platform designed to support small business ideas. The 24-year-old wants to build a franchise of barber shops across Australia.

“I grew up on a farm so I always knew I didn’t want to spend my life sitting at a desk,” he said. “Barber shops have minimal overheads. They are an easy business to run because they have less products, less liability and they’re relatively easy to open. You don’t need much space.”

Read More at News.com.au

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