Crowdfunding can be defined as raising funds from the general public usually through internet platforms in order to support a project started by an individual or an organization. Social media websites play a primary role in this regard, as individuals or organizations looking for funds use these websites to reach out to the general public. Instead of asking a small number of sophisticated investors for large amounts, crowdfunding allows an individual or organization to reach out to a large number of people for smaller amounts of money. Incentives such as profit sharing, free products and samples can also be associated with crowdfunding activity. Upcoming platforms such as iFunding give investors access to real estate investing via crowdfunding. This way, crowdfunding might change the way we invest in Real Estate.
If you are a student in a business school, you must spend hours and hours every week using spreadsheets. You have to learn how to use financial models, solve complex equations and figure out solutions to complicated financial problems. After such thorough training in a business school, you should be able to step right into work as soon as you graduate, right? Sadly, most Wall Streeters and entrepreneurs find out the hard way that school did not prepare them for practical life.