What is the primary focus of crowdfunding according to the video?
Understanding the True Purpose of Crowdfunding

Interactive Video
•
Business
•
Professional Development
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Getting easy money from the crowd
Understanding market needs
Building a personal brand
Avoiding bank loans
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does the speaker suggest supporting existing crowdfunding platforms?
To gain financial support
To learn how they operate
To compete with them
To avoid market research
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you do before spending money on a new product idea?
Consult a financial advisor
Set up a crowdfunding campaign
Launch a marketing campaign
Hire a product designer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can crowdfunding help save money?
By reducing production costs
By avoiding unnecessary market launches
By lowering advertising expenses
By attracting investors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key benefit of crowdfunding mentioned in the video?
It validates your ideas
It guarantees product success
It provides instant profits
It eliminates competition
Similar Resources on Quizizz
3 questions
Using Crowdfunding as a Research Tool for Your Business Idea

Interactive video
•
Professional Development
6 questions
Crowdfunding Won't Save Your Company

Interactive video
•
Professional Development
2 questions
Paid Search for Immediate Feedback

Interactive video
•
Professional Development
6 questions
Transaction: Third Step of the Customer Journey

Interactive video
•
Professional Development
6 questions
Massive Action Trumps Great Ideas

Interactive video
•
Professional Development
2 questions
Take Action and Write a Book: Becoming an Authority in Your Field

Interactive video
•
Professional Development
2 questions
Understanding the True Purpose of Crowdfunding

Interactive video
•
Professional Development
6 questions
Using Crowdfunding as a Research Tool for Your Business Idea

Interactive video
•
Professional Development
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade