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Tuesday, September 13, 2022

Community Pledging v.03

Another way to gather capital is to gather pledges from your community. If you need an asset, pitch to your community that know each other within it. If you managed to get certain amounts of signatures to a total of certain amount of money, then the pledge would be given to you in cash. 

So this is a way to invest using people's disposable income, each of them don't have to contribute a lot at one time, but a lot of them would become one big asset. Sounds like charity, but it has ROI

The administration is extra indeed... so good accountants are your friend.

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If I were to do this I'd put a cap to how much one could help me

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