Tag: small business

by Malcolm on November 18, 2020.

Pride of place. It’s one of those phrases that sounds familiar, but you’re not sure why. What place are we talking about? Are there lions involved? While it’s not the catchiest phrase, it captures a concept I believe will define our microinvesting-fueled funding revolution.

by Malcolm on November 11, 2020.

70% of small businesses are worried about financial hardship because of prolonged closures and 58% worry about permanently closing. Raising capital is the #1 problem for SMBs, according to a survey by Guidant Financial. Since raising capital is kinda our thing, we’ll start our survival guide there.

by Malcolm on October 27, 2020.

What do you think when you hear the word legacy? Your children, your business, Legacy Federal Credit Union? It’s ok, me too. “Legacy” gets thrown out a lot this time of year. It’s usually followed closely by “tradition” or “history”.

by Josh on October 21, 2020.

Is it just me, or did every basketball coach ever go on and on about “back to basics” and “focus on the fundamentals,” as though Steph Curry hadn’t just inspired an entire generation to lob threes from half-court (and miss – because, you know, they’re not Steph).

by Kasen on October 13, 2020.

Have you ever seen a group of young men singing Disney songs while swinging a sledgehammer at a cement parking lot? It’s quite a paradoxical spectacle. During college, I spent a blazing hot summer in Israel helping renovate a community building. Our first mission was to break up a parking lot, but the catch was that we only had one sledgehammer.

by Josh on October 7, 2020.

Apps like Acorns have brought the phrase “micro investing” on the scene with their approach of rounding up to the next dollar whenever you spend money to invest in exchange-traded funds (ETFs). So your $3.78 latte would trigger $0.22 moving from your checking account to your Acorns account. While this function fits the connotation of…

by Malcolm on October 6, 2020.

So you did it! You launched an investment crowdfunding campaign and you’re going all-in on a local legion of microinvestors and brand ambassadors. Now what?  As wild and new as it might feel to pull in capital from your fans, customers, and community, promoting your crowdfunding campaign isn’t all the different than promoting your business….

by Kasen on September 29, 2020.

Growing up, I always enjoyed reading Calvin and Hobbes, a comic series by Bill Watterson. There were comic strips where Calvin would ask his dad questions like how ATMs work or what causes wind. In typical “Dad” fashion, Calvin’s father responded with explanations like there’s a little guy inside the ATM who hands out the…

by Malcolm on September 23, 2020.

Asking someone for money is rarely fun and almost never easy. But if you’re trying to grow your business then you’ll almost always reach a point where you need to bring in capital from outside investors. Turns out, going and getting money from strangers isn’t so different from asking your parents for cash.  So here…