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How To Use GoFundMe To Start Or Fund A Business In 10 Steps

    Jason Vissers
  • 9 comments
  • Updated on:
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Jason Vissers

Jason Vissers

Expert Analyst & Reviewer at Merchant Maverick
Jason Vissers has been researching, analyzing, and writing about small business software and finance since 2015. His financial expertise has been cited in numerous publications, including The Ladders. Jason graduated with a Political Science degree from San Diego State University in 2001.
Jason Vissers
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9 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    PUBG Mobile

    Nearly any business can create a GoFundMe campaign and collect donations. People have used GoFundMe to fund a startup business, save a struggling business and cover any expense in between.

      This comment refers to an earlier version of this post and may be outdated.

      lisa

      Hi – can anyone help us figure out where you can post incentives/rewards? We’re blind but can’t seem to find them. Any tips, tricks, hacks?

      Thanks!

        This comment refers to an earlier version of this post and may be outdated.

        Jason Vissers

        Hi Lisa! Unfortunately, since this article was written, GoFundMe removed the reward levels feature from the Dashboard as part of an effort to comply with the GDPR regulations put out by the EU. The company’s full explanation for this policy change is here.

        This means that if you want to reach out to donors to thank or reward them, you’ll have to do so manually. This article from GoFundMe details how you can do this.

        Thanks for writing, and sorry for the inconvenience!

          This comment refers to an earlier version of this post and may be outdated.

          Tori

          Very useful article, excellent that you wrote point by point. I want to apply this to my business. Thanks for sharing!

            This comment refers to an earlier version of this post and may be outdated.

            Rickles McPickles

            I can’t figure out why this assertion is being made: “If neither a) nor b) applies to you and your business, you’d be better off seeking funding from one of the other crowdfunding outfits I’ve mentioned. If at least one of the two does apply to your efforts, you stand a decent shot at making GoFundMe work for your business.”
            The reason I think that may not be true is that the platform shouldn’t matter that much, it’s the campaign that matters. People don’t very often say “hey, I’m going to search gofundme today and see if there’s anyone I can help”, right? People more often see the appeal (or “the pitch”) by way of some campaign, right? So, I have a hard time envisioning people saying “oh, that isn’t the right kind of thing for gofundme”, and for that reason rejecting or dismissing the appeal. See what I’m saying? In other words, just because MOST gofundme appeals may be type a) or b), why would that determine the success of the campaign? What am I missing? Are you saying people expect a certain kind of thing from gofundme, so they won’t tend to “go” for something that doesn’t meet that expectation?

            Here’s what I think: GoFundMe is a trusted name. If you craft and implement a great campaign with a convincing appeal, you should do just as well as with any of the other platforms. Platforms don’t matter very much if at all, the campaign is the determining factor by far. Of course, I could be wrong, maybe there’s something I’m not understanding.

              This comment refers to an earlier version of this post and may be outdated.

              Ryan Reeves

              Not really a review but I did put my email on here for a couple people or anybody to give me any kind of knowledge possible I’m in a situation right now where are there is a piece of property that used to be an old folks home and is huge the property still in great shape and I’m looking to figure out how I can raise money to buy the property to keep the bills running on this humongous piece of property that has a building on it so that way I could offer shelter or even full-time homes to homeless veterans or homeless people or anything to try to help out and I don’t know how to start this or even to go about this so my emails on here if anybody could give me any kind of direction or any ideas on what I can do to raise money grants donations anyting so I can maybe get this piece of property and start helping the homeless and homeless veterans and people that can’t afford to live on their own thank you so much for your time my email is oddguysllc@gmail.com

                This comment refers to an earlier version of this post and may be outdated.

                Jessica Dinsmore

                Hi Ryan,

                First of all, you’re doing a wonderful thing! Thank you!

                Unfortunately this is outside of our expertise, so we wouldn’t want to make any recommendations we aren’t too certain about. Perhaps some of our readers can help you out- they are a pretty knowledgeable group! Best of luck to you!!

                  This comment refers to an earlier version of this post and may be outdated.

                  Sean

                  Hi Ryan, I’m curious where the property is located at, I like your idea

                    This comment refers to an earlier version of this post and may be outdated.

                    teke c.

                    good article- well done

                      This comment refers to an earlier version of this post and may be outdated.

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