Effort is what sets most apart from others. How much or less we put into our goals will be the determining factor at the end of the day as it relates to the sum total of our efforts.
While energy applied to our projects is good. How we channel that energy is the key. Now there may be a greater way that the effort we put into raising funds will be expanded.
Yesterday, President Barack Obama signed the JOBS Act which has the potential to be a game changer for crowdfunded start ups. Why? Because it will potentially give the investors (the crowd) of our projects an opportunity to become share holders within the businesses they help to fund. Not only this, but used as equity to seek bank loans.
I do not know if there has ever been a unique act like this before that would assist startups.
While the President signing the bill is a milestone. A greater one, perhaps, is the fact that this was a bipartisan effort. We all should be happy about this. Yet, there is still more to be done before the bill fully goes into law- most of which has to be done by the Securities and Exchange Commission passing regulations.
Again, this potentially could be a game changer for small business owners. Especially for those who are putting effort into raising funds to fulfill their dreams.