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Money

Turned down for a bank loan but determined to get her knitting book business off the ground, Shannon Okey joined the growing ranks of entrepreneurs raising start-up money online.

She sent out an appeal to her 7,000 Twitter followers and offered books, knitting designs and even a custom-knit sweater to people willing to pledge their support on the crowdfunding website Kickstarter.com.

Within a month, she'd raised $12,480 from 283 backers. Two years later, Okey has grown Cooperative Press into a six figure business.

To read the full, original article click on this link: Crowdfunding brings venture capitalism to the masses