Crowdfunding can be hugely beneficial for a new company, but it does require time and management, says Kara Gorski, co-founder of braGGs, a startup that makes bras for women who have had reconstructive breast surgery. While it's important to stay in contact with those who donate, Gorski says, crowdfunding "can tend to take over and become your full-time job." Gorski and her sister, Kristin Gembala, were able to raise $10,000 for their company on MedStartr.

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