Most startup companies usually face a lot of glitches especially in the initial phase of setting up a business. As a startup tech company, you may have a world-changing product and are ready for business to bring it to the world.  But if you cannot manage to obtain the funding you need to get up and running, the product is as good as nothing. As an entrepreneur, it is also equally important for you to make people see what makes your idea so special. If you cannot do so, the greatest of ideas and plans can come crashing down.

Crowdfunding.com, a domain that's seen much anticipation around what it will eventually become, has finally been "acquired." GoFundMe secured the rights in a deal that's attempting to stay off the record.

If you’re in the crowdsourcing business, you’re oftentimes working closely with creators or designers who are trying to make a name for themselves in your industry or area of focus.  If you’re not helping them grow, I can assure you, you won’t be growing either.

For crowdsourcing companies, the most critical asset that you have is the community that you've built. Your success is inextricably tied to the success of your community. It’s not enough to just ask them to do work for you; you also need to commit to serving their needs.

It's no secret Virgin is my favorite company. Everything they touch turns to gold & they seem to have an awesome time doing it. So I've been surprised they haven't taken to crowdsourcing more than the few one-off projects I've seen here & there. Luckily that changed when they launched a design contest on Australian site, DesignCrowd.

Crowdsourcing is about process; It's not about organization. It's about commmunication, point of contact, and how you establish and keep a history of the info you need in order to do the jobs properly. It's not how you insert crowdsourcing into your organization, but how do you think about your process & organize it around a crowd. In today's podcast I'll show you how to properly add crowdsourcing into your organization, through a modification of your work process.

Although crowdsourcers believe deeply in the insights that can arise from collaboration in a group, we're also always on the lookout for individual experts. We love people who are passionate, knowledgeable, and engaged. We imagine the twinkle in their eye as they launch into their favorite topic, overflowing in an online community with opinion and insight. We love nothing more than to help them thrive in a crowd that can truly appreciate their abilities.

If you grew up in the 1980s, there’s a good chance you once wanted to become an archaeologist like Indiana Jones. After all, it’s hard to compete with a job that includes uncovering ancient civilizations, risking life and limb to secure irreplaceable artifacts and casually shooting swordsmen in cold blood. But in between avoiding blow-darts, alligators and swinging blades, Indy was plain old Dr. Jones, diligently putting in the hours of research and study that gave him the expertise necessary for his successful fieldwork.

In a matter of weeks, a father of three from Colorado Springs managed to raise over $125,000 with crowdfunding to pay for an aggressive, last resort cancer treatment.

Pinterest is a social network that hasn't realized its full potential, and that's because most people who use it haven't recognized the power it possesses. A virtual pinboard, Pinterest allows you discover interesting things on the Internet and pin them to particular boards you've created. For instance, I have a board called "Film Noir Favs & Classic Kingpins," which is tacked with posters of classic movies I've watched. But aside from pinning images you find on Google, more and more people are pinning up their own work as a showcase of their talent and ideas.

The next step will be to use Pinterest with your online fundraising endeavors. That said, here are four ways you can get started using your Pinterest account in conjunction with crowdfunding your next big project.

eYeka put together a pretty sweet looking timeline that shows how some of the hottest Fortune 500 companies have used crowdsourcing over the past five years.