Energy News / The Wright Place

Membership Businesses Take off with Crowdfunding

Via: ReleaseWire

Updated 11:59 AM CDT, Tue, September 11,2018

Subscription and membership sites are easier than even with Crowdfunding

Ontario, CA -- (SBWIRE) -- 09/11/2018 -- Membership businesses are not new. However, more and more entrepreneurs are discovering that they can created and run one without setting up a membership site and buying or leasing software. Crowdfunding sites like Patreon have made it easy to build your subscription or membership business. Youtube has created a form of it for creators who have at least 100,000 viewers. With the new YouTube plan, you can also sell items straight from your youtube channel. It's never been easier to start a subscription business.

"Subscription or membership businesses are easy to start and easy to grow because you are only trying to work with those who are already interested in what you do." Says Dr. Letitia Wright, America's Crowdfunding Strategist. "You simply tap into an already existing tribe with the same interests." This kind of crowdfunding has always been around but is only suitable for certain types of businesses. Dr. Wright has been teaching people how to use crowdfunding for business for the past several years. She teaches for the Small Business Administration as well as the California SBDC's. "People have been paying thousands of dollars to create a membership site, and it's no longer needed in many cases. It depends on the business, but in many cases, if you are starting out and want to know if your idea will even catch on, using Patreon will help you save money as you grow your business," says Dr. Wright.

Dr. Wright is teaching a new workshop on how to create your own Membership business without having to invest in a site if you don't want to.

These subscription or membership business make money each month and are easy to build once you understand the business model and plan.

To learn more about this new workshop which starts October 1, 2018 visit http://www.getcrowdfundednow.com/patreon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/membership-businesses-take-off-with-crowdfunding-1046242.htm

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