This comes from the article Crowdfunding foodies raising lots of dough by Deirdre Reynolds
Many restaurants are now turning their backs on the banks when it comes to seeking finance and using their customers, family and small-time investors to fulfil their food dreams. Retailing at €3.95, Cornucopia’s ‘Green Goddess’ – infused with apple and the ubiquitous avocado – is just one of the trendy cold-pressed juices new to shelves here after the company successfully crowdfunded €50,000 in only 48 hours.
Meanwhile, back at the city centre eatery, eagle-eyed regulars may have noticed the shiny new service counter, also installed no thanks to the banks recently.
“We were in something called Food Works [a business programme run by Bord Bia, Enterprise Ireland and Teagasc] with our juice product and they recommended crowdfunding,” explained Deirdre, who set up the health-food-store-turned-wholefood restaurant with her late husband, Neil, in 1986.
“I had some experience of working with the crowd because when I was turned down for planning permission to turn the building beside us from retail to restaurant. I went to my customers and I got a petition going. Two thousand people signed it [saying], ‘Please give her planning permission’, over a two-week period,” says Deirdre.
Why this is important: When you read the article you can see that she had her tribe lined up. Not only had she successfully rallied them before, they are able to create change. Now, the second time around they are bigger and stronger. That’s why we offer clients a tribe building program before they crowd fund, so that they can get a tribe that will work and put in money.
Read the rest of the article here:
Want to learn how to get started on your own crowdfunding? Download the book below for free! Click the book now.
This comes from an article: First Reg A+, then NASDAQ Listing for ShiftPixy
By JD Alois
ShiftPixy Workers FastTemp staff provider ShiftPixy is hoping to soon trade on the NASDAQ Capital Market under the ticker symbol PIXY but first, they are raising capital under Regulation A+. ShiftPixy has enlisted WR Hambrecht as sole underwriter on a “best effort” basis to raise up to $50 million with a minimum raise of $15 million.
ShiftPixy is a service provider that contracts with business clients in need of part-time staff primarily in the hospitality and restaurant industry. The company is currently operating in Southern California but intends on opening additional physical locations in New York, San Francisco, Chicago, Orlando, Dallas, Las Vegas, Atlanta and Philly (in that order). ShiftPixy currently has over 150 clients and about 3,350 worksite employees.
Let me share why this is significant:
This is a great plan. Many people are just crowdfunding one time with no real vision of how to move forward after that. If all goes well with each step, going to the NASDAQ is the right idea. And you will be able to watch the company progress all along the way. I think there will be a stock exchange for crowdfunded projects in the future but until then, this is a solid plan. I hope it helps you think in longer terms instead of just getting funding that will last you, 6 months or so.
Read the rest of the article here https://www.crowdfundinsider.com/2016/06/87013-first-reg-a-then-nasdaq-listing-for-shiftpixy/
It all starts on Wednesday!
GES2016 aims to provide a platform for some of the world’s top up and coming talent to be fast-tracked and connected with a global network of like-minded entrepreneurs, investors, and industry experts. Empowering youth and women entrepreneurs brings new ideas to life, while also investing in our collective future. Young people around the world cite expanding entrepreneurship opportunities as their number one priority.
Women entrepreneurship and economic participation speeds up development, helps overcome poverty, reduces inequalities and improves children’s nutrition, health, and school attendance. And successful women entrepreneurs are more likely to invest their earnings back into their families and their communities. The connections and insight gained through GES2016 will assist this next cadre of emerging youth and women entrepreneurs in reaching their full potential to scale and catalyze change.
I’ll be attending all three days and getting interviews, pics and information to bring back to you. Information you can use to grow your business.
Look for live stream on Periscope! I’m DrWright1