When Adva Mobile undertook our Crowdfunding exercise, we knew we were testing a new idea. Raising money for a project by convincing a large group of friends, family, business partners and even total strangers to contribute a small amount of money wasn't a totally new idea, however past successful efforts were oriented towards cultural, philanthropic or creative projects. Crowdfunding for a commercial project was indeed testing a new idea.
Now we have the Crowdfunding Bill, part of the Jump-Start Our Business Start-Ups, or JOBS Act, through Congress and signed by the President. For those of you who haven’t been following the JOBS Act, it is a bill that will make it easier for startups and small businesses to raise funds, especially through online Crowdfunding.
The Crowdfunding exercise we underwent using IndieGoGo (like KickStarter) differs from those contemplated by the JOBS Act bill because, under the JOBS Act, we can now reward investors with equity. I believe Equity Based Crowdfunding will fundamentally alter, in positive ways, small businesses, including those small businesses known as "Artists".
Touring Bands and Recording Artists should watch the early efforts of Artists who attempt Equity Based Crowdfunding projects very carefully. While fans may be willing to donate small contributions for a nationwide tour, SXSW concert, or studio session, the significant money needed for large marketing campaigns, previously only available from large labels, may now be available to a much larger pool of Artists. Crowdfunding without equity through campaigns with KickStarter and IndieGoGo are still available to the Artist, so Equity Based Crowdfunding represents an alternative when more significant capital is needed.
The "crowd" also provides benefits beyond capital to Artist businesses. For example, a touring band that raises money via Crowdfunding may now have 150 new passionate fans as shareholders, who can serve as a great sounding board for new ideas and as brand evangelists -- a critical asset in Artist promotion.
Equity Crowdfunding will go a long way towards alleviating Artists' capital access needs, and benefit investors in the process. The capital markets have finally entered the 21st Century and the future for Artists looks bright.
2012-04-18
Crowdfunding - We're on to Something Big for Artists
Labels:
Adva Adva Mobile,
Capital,
crowdfunding,
JOBS Act,
Top Artists
2012-04-17
Design for Our Times - The Adva Mobile Portal
Many of you know we're working on an entirely new User Interface to our mobile marketing CRM Portal for Artists, to make it even easier for Artists to take advantage of everything mobile has to offer. Over the past few months, as we've been building out the system and tying it in to our existing database, we've provided a "sneak peek" at the design and some of the back end pages that will help artists manage their online mobile presence. We're ready to show you even more, as we're preparing to launch our new portal and unleash Adva Mobile to the mobile industry.
We're big fans of Prezi - it's an online presentation tool that a big step up from PowerPoint. Video is great for an overview, but if you want to stop and study the details of what you're looking at, video doesn't cut it. Prezi is great because, like PowerPoints, you can move at your own speed.
We've built a Take The Tour Prezi, it's at http://bit.ly/advatour. Have fun checking it out, and let us know if you have any questions about how to use the service to connect to fans on mobile.
We're big fans of Prezi - it's an online presentation tool that a big step up from PowerPoint. Video is great for an overview, but if you want to stop and study the details of what you're looking at, video doesn't cut it. Prezi is great because, like PowerPoints, you can move at your own speed.
We've built a Take The Tour Prezi, it's at http://bit.ly/advatour. Have fun checking it out, and let us know if you have any questions about how to use the service to connect to fans on mobile.
2012-04-13
Adva Mobile Artist Natalie Stovall Voted Entertainer of the Year
We couldn't be more proud to announce that Natalie Stovall has won both Entertainer of the Year and Female Entertainer of the Year by Campus Activities Magazine®. We've seen her perform at campuses up here in Boston and the audiences love the flavor of country she brings to her performances. Campus Activities Magazine® echoed this sentiment when they wrote:
"Well, she's finally done it folks. After just a few short years in the campus market, Natalie Stovall has been named the Entertainer Of The Year by the voters of Campus Activities Magazine® in the Reader's Choice Awards. One of the most common comments about this performer is "I don't even like country, but I like this country. It almost didn't even seem like a country show." Put it this way, when she rips "The Devil Went Down To Georgia," it's in a medley with some Metallica. Her's is a show bred for wide audiences, and this year that mainstream popularity paid off with her winning the big one."
Natalie is a pioneer using mobile technology from Adva Mobile to reach and engage her fans, and hundreds connect with Natalie on their phones - she has iPhone App, Android App and Mobile Web to reach the largest audience. Download her Apps, or text GETFIDDLE to 88704 to check out Natalie on your phone and download some of her terrific music.
You can read a great article about Natalie and why she won the award at:
http://www.campusactivitiesmagazine.com/articles.php?articleID=227&button=Go
Congratulations Natalie!
"Well, she's finally done it folks. After just a few short years in the campus market, Natalie Stovall has been named the Entertainer Of The Year by the voters of Campus Activities Magazine® in the Reader's Choice Awards. One of the most common comments about this performer is "I don't even like country, but I like this country. It almost didn't even seem like a country show." Put it this way, when she rips "The Devil Went Down To Georgia," it's in a medley with some Metallica. Her's is a show bred for wide audiences, and this year that mainstream popularity paid off with her winning the big one."
Natalie is a pioneer using mobile technology from Adva Mobile to reach and engage her fans, and hundreds connect with Natalie on their phones - she has iPhone App, Android App and Mobile Web to reach the largest audience. Download her Apps, or text GETFIDDLE to 88704 to check out Natalie on your phone and download some of her terrific music.
You can read a great article about Natalie and why she won the award at:
http://www.campusactivitiesmagazine.com/articles.php?articleID=227&button=Go
Congratulations Natalie!
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