Beware of Crowdsourcing Bad Actor Partners!

By  , CrowdFundBeat Guest Editor,

KYP: Know Your Partner!

Before you jump into a partnership, you better “Know Your Partner!” They will impact your business!

Most of us have been through closed-door corporate business meetings. You know the ones, only a couple of people are involved in a decision that determines the fate of many. Many times a “sacrificial lamb” is unwittingly offered up, the boardroom door is opened, and the masquerade of “Blame Gamers” and “Problem Shifters” come out in full force.

AAEAAQAAAAAAAAWfAAAAJDllOGRmZDljLWM3ZmMtNGVmNS04NjI3LTA0M2NlNGEzYTk5YQ

 

 

 

 

Now, crowdsourcing has shifted power from the boardroom to virtual corporate and home offices around the world. Transparency and accountability are no longer afterthoughts in business relationships, they are requirements. Gone are the days when a sacrificial lamb will satisfy questions of curiosity.

New “value-add” partnerships are formed based on what each partner brings to the table and their integrity. In this new virtual “office”, businesses recognize and appreciate the wisdom and talent of the ecosystem crowd. It is an environment where the pioneers work alongside the newcomers to make a strong infrastructure.

The players in the securities crowdfunding ecosystem recognize that individual success is truly dependent on the success of many. This environment requires a deep rooted foundation of integrity, honor, quality, hard work, and dedication that some can never comprehend.

It’s a fact that your partnerships will be a reflection of you! Consider the ramifications, if you unwittingly entered a new business deal with a company or person who was involved with embezzlement, fraud, or securities violations. How would your company fair?

Bad actors are not confined to issuers and broker dealers. They can be the friendliest business person at the other end of the phone, email, or table. So, before you leap into a relationship, get the facts first!

We have an opportunity to define quality and value in this new work environment. We have an obligation to build it with integrity!

When considering any partnership, get to Know Your Partner!

Some questions to ponder as you are considering equity crowdfunding partnerships in the ecosystem:

1) What is their “end game”? In other words, what do they want when it’s closing time?

 

2) What are the fruits of their labor? Is there evidence of ‘good’ contributions?

3) Will they pass a Bad Actor check?

4) Does the partnership do more than increase revenue?  There may be times when the revenue isn’t there, but the value must remain.

 

AAEAAQAAAAAAAAWcAAAAJDc3Mzk2ZmI1LWViN2YtNDYzMy05MzI5LTUzODk1MmQzNzJjNA

Jennifer Gatewood, PMP

Founder of www.PeerElevate.com and www.PeerElevateFunding.com

 

Peer Elevate is a cooperation of dedicated professionals that serve the equity crowdfunding market. Visit www.PeerElevate.com today.

Peer Elevate Funding is an Equity Crowdfunding portal for accredited and unaccredited investors in Mississippi! Visit www.PeerElevateFunding.com today.

Tags: , , , ,

HEADLINE NEWS

Marketplace.orgCrowdfunding for your life - MarketplaceMarketplace.org"When I took that phone call, and I learned that this was just going to completely uproot my whole life, I'd say I spent maybe 10 seconds or so only freaking out ...and more » [...]

Omaha World-HeraldCrowdfunding offers easier way to ask for college cashOmaha World-HeraldMore 529 plans, the accounts that give families a way to put away cash for college, are adding crowdfunding-like tools that make it easier for savers to ask family and friends to contribute to a [...]

CNBCWeSearchr: crowdfunding platform becoming home for alt-right causesCNBCIn less than two months, "Daily Stormer vs. SPLC Legal Defense Fund" raised more than $155000 on the WeSearchr platform.and more » [...]

TIMEA Crowdfunding Effort Launches to Commemorate Khadija Saye, Artist Killed in London InfernoHyperallergicOn Saturday, friends and supporters of the artist Khadija Saye — who died in the devastating Grenfell Tower fire in west London last week — launched a crowdfunding campaign to c [...]

ForbesThis $130 Million Fund Is Leading The Way In Real Estate CrowdfundingForbesWhen people think of crowdfunding, the first word that jumps to mind is Kickstarter. But crowdfunding is not limited to supporting the next card game or independent film. Crowdfunding is becoming a viable [...]

CBS NewsNow you can crowdfund a 529 college savings plan - CBS NewsCBS NewsIt's getting easier to have friends and family add their contributions to these accounts for college savings.and more » [...]

Business InsiderCrowdfunding for medical expenses - Business InsiderBusiness InsiderAlmost half of the money raised on crowdfunding sites like GoFundMe and YouCaring is going toward medical expenses. Medical campaigns make up $930 ...Americans Losing Health Insurance Turn To Crowdfund [...]

Forbes"Make Yourself Available" - An Audio Entrepreneur's Tips For Successful CrowdfundingForbesIt takes a brave individual to launch Bluetooth speakers and headphones into a crowded audio market. Take a stroll around your local consumer electronics stores and you' [...]

Bankless TimesRepublic cofounder Kendrick Nguyen bullish on crowdfundingBankless TimesTake it from a man who knows who gets funded in Silicon Valley – crowdfunding opens funding avenues for more entrepreneurs. Prior to founding equity crowdfunding for startups platform Republic, Kendr [...]

PCGamesNAshes of Creation is having a special summer crowdfunding ...PCGamesNFollowing its massively successful Kickstarter that raised over $3.2 million, Ashes of Creation developer Intrepid Studios are extending their crowdfunding efforts ...and more » [...]

CFB Finance

Syml
Lst Val
+/- Val
+/- %

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |