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Crowdfunding: A Viable Alternative to Traditional Startup Funding, with Tom Ryan

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Tom Ryan

Tom Ryan, General Partner at Start100. He is an experienced startup founder, investment professional, and distinguished coach and mentor to entrepreneurs worldwide. In addition to START100, Tom is currently an Entrepreneur-In-Residence at Catawba Valley Community College and the founder of entrepreneurial support resource connectivity platform, supportedly.com. This episode is all about crowdfunding for your startup.

What is Crowdfunding?

Crowdfunding is raising small amounts of money from large amounts of people usually via the internet – in recent times has become a viable alternative for entrepreneurs to raise capital.

 

Crowdfunding has been able to provide market validation, serving as a great source of cash flow. It is quite a great opportunity to build market awareness.

 

Tom Ryan

My conversation with Tom Ryan on The Entrepreneurial You podcast on the topic of crowdfunding has been very enlightening. We talked about about its history, how to gather the crowd and even the types (equity based versus rewards based) of crowdfunding.

 

Crowdfunding Questions

  • What is crowdfunding and why should it be considered as a viable option for startup entrepreneurs to consider?
  • What is it about crowdfunding and when did start to take on a life of its own? What makes it attractive?
  • In order for a crowdfunding campaign to be successful, what are the things we need to consider?
  • Listen to this podcast episode to learn how crowdfunding can help you raise capital for your business.

 

TOP TIP:

 

Start to develop a clear and compelling story that will get people to want to support you then start with your close circle and go outwards.

 

—-

 

Connect with Tom Ryan

 

Website – Start100

 

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Email: Heneka Watkis-Porter

 

Dive into the latest episode of The Entrepreneurial You podcast, where we uncover the transformative power of mentorship and coaching with our esteemed guest, a seasoned entrepreneur whose early setbacks paved the way for enduring success.

**Learning from Setbacks: The Mentorship Advantage**

– Early Struggles: Our guest reflects on the initial challenges faced when starting alone and the realization that solo efforts led to regression rather than progression.

– The Mentorship Turning Point: Discover the pivotal moment when our guest embraced the need for guidance and how this decision became a cornerstone strategy throughout their entrepreneurial journey.

– Navigating Transitions: Learn how seeking out mentors and coaches with each new venture or career shift can safeguard against significant pitfalls and foster triumphs.

– The Role of Mentorship in Success: Gain insights into how the right mentor or coach can accelerate your path to success and help you avoid the missteps that can hold you back.

Connect with today’s guest and find a mentor who can help steer your entrepreneurial ship towards success.

Closing Thoughts:
Thanks to our guest for sharing their journey and mentorship’s invaluable role in their achievements. To our listeners, remember that you don’t have to go it alone; mentors can be your compass to success.

Stay tuned for more episodes of The Entrepreneurial You and embrace the collective wisdom that can drive your business forward.

Affirmation:
I seek wisdom and guidance, harnessing the collective experience to fuel my entrepreneurial ascent.

For more information and resources from today’s episode, visit our website at henekawatkisporter.com. Engage with us on social media; we’re active on Heneka Watkis-Porter.

Remember: Stay engaged, stay entrepreneurial!

Picture of Author: Heneka Watkis-Porter
Author: Heneka Watkis-Porter

When I'm not podcasting, speaking, coaching or hosting first-class conferences (think Leadercast & She Leads co-founded with the Jamaica Stock Exchange), I'm passionate about helping women thrive and walk in their God-given purpose through Grace to Grow Mentorship and Training.

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