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SoLo Funds Will Disintermediate Payday Lending With Its New App - #652
Clean
June 20, 2018 06:00 AM PDT
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Travis Holoway and Rodney Williams hit upon a brilliant strategy to disrupt the payday lending business with a tool that would be much more borrower-friendly. That tool is the SoLo Funds app, available from both the App Store and Google Play.

The app lets borrowers set the terms. Remarkably, lenders are generous. That may have something to do with the fact that in the company’s short operating history they’ve seen the same people become both borrowers and lenders. The community they are building can completely change the short-term lending business.

One key to their success is a new credit scoring model the company developed to measure a borrower’s ability to repay a short-term loan according to the terms they propose.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Inspired By Brother’s Death, Stanford Grad Uses Human-Centered Design To Change World - #651
Clean
June 19, 2018 06:00 AM PDT
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Durell Coleman wanted to be an inventor since he was a young child. His brother, five years his senior, died from cancer after graduating from high school. Before he did, he challenged his younger brother to make cancer treatments better. That request was seared into Durell’s memory and changed the direction of his life.

Today, the two-time Stanford grad combines his passion for invention with the spirit of his brother’s challenge. He employs human-centered design skills to develop processes, system and technology that improve people’s lives. Watch the full interview in the player at the top of this article.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

This App Saves Lives--Share It With Kids You Love In Utah - Missy Larsen - #649
Clean
June 15, 2018 06:00 AM PDT
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Teen suicide risk in Utah is multiples of the national average. During the school year just ended, seven students at one Utah high school died at their own hand. The problem isn’t new this year. Many people are working at strategies to end the pattern. One initiative is the SafeUT app.

Utah kids are encouraged to download the app to their phones and to keep it where they can see it in hopes that the constant reminder will get them to use it when they need it--when they’re thinking about harming themselves.

Anecdotal evidence suggests the app is working. One youth, contemplating a suicide attempt, decided to text a last note to a loved one. Upon opening the phone, he saw the app, opened it and engaged with a professional counselor and decided not to harm himself. He’s thriving today.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

If You Haven't Fixed Your Nonprofit Website To Comply With GDPR, Here's How - Amber Hinds - #650
Clean
June 18, 2018 06:00 AM PDT
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Read the full Forbes article and watch the interview here: http://bit.ly/2l7BCxn.

On May 25, the European Union’s General Data Protection Regulation went into effect. These rules effectively apply to almost every website operated in the world—including your nonprofit or social venture. If you haven’t figured out compliance yet, take a few minutes to read this article to learn how.
Let’s start by pointing out that for a small nonprofit or social venture, failing to comply with the GDPR rules could cost up to 10 million euro, almost $12 million. Just hiring a lawyer to defend a case brought by someone in Europe could wipe out all the funds you plan to spend on your mission for years to come. Have I got your attention now? If you haven’t fixed your site to comply, it’s not too late.
Amber Hinds, the CEO of Road Warrior Creative, works primarily with social entrepreneurs and nonprofits to build websites. Much of her work over the past two years has been preparing for the implementation of GDPR rules. She joined me for a live interview, which you can watch in the player at the top of this article, and provided additional information to help me understand the rules.

Read the full Forbes article and watch the interview here: http://bit.ly/2l7BCxn.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Philippe Cousteau Continues Famous Grandfather Jacques' Environmental Legacy - #648
Clean
June 13, 2018 06:00 AM PDT
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Read the full Forbes article and watch the interview here: http://bit.ly/2LLU4Xw.

The assumption that Philippe Cousteau, 38, had no choice but to follow in the footsteps—er, wake—of his famous, sea-exploring grandfather Jacques Cousteau is wrong. While the younger Cousteau revere’s his grandfather, it was his own experience exploring that connected him to his grandfather’s work.

The senior explorer died in 1997 at the age of 87. By the time the grandson was ready to explore the world, the grandfather was resigned to the role of “elder statesman” rather than intrepid explorer.

An expedition to New Guinea at age 16, with Eugenie Clark, known as the Shark Lady, convinced Philippe Cousteau that there was simply no other way to live.

Read the full Forbes article and watch the interview here: http://bit.ly/2LLU4Xw.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

New Player Seeks to Become Key Matchmaker In Crypto Community - #647
Clean
June 12, 2018 06:00 AM PDT
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Rayaan Arif is a serial entrepreneur who has joined the crypto community, seeking now to play a role in matchmaking between funders and new ventures in the space. We spoke about crypto in general to get a better picture of latest trends and issues. Be sure to tune in to the recording.

Preliminary Interview with Rayaan Arif, the Founder - CEO of FundingTree.

The following is a brief pre-interview that provides context for the recorded interview you may watch or listen to at the top of this article.

What is the purpose of your crowdfunding campaign?

We are currently self funded and will be able to complete MVP and launch by end of 2nd Qtr. We plan to raise Series A after that time. The money will be used for Phase 2 Technology build. Market outreach and adding more team members.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Nonprofit Employment Agency Works To Disrupt Slave Trade In Hong Kong - Scott Stiles - #646
Clean
June 07, 2018 06:00 AM PDT
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Read the full Forbes article and watch the interview here: http://bit.ly/2LmUq6S.

Scott Stiles, 29, began learning about modern slavery while attending school at Brigham Young University – Hawaii. He decided to simply put slave traders out of business by competing with them in Hong Kong.

His thesis: both the workers caught in debt bondage and their domestic employers there are unsatisfied by the typical arrangements so why not provide competing services that both parties value? The new Fair Employment Agency was born.

The International Labour Organization estimates that 40 million people globally are subjected to some form of modern slavery, about 25 million of whom are subjected to forced labor. The other 15 million are in forced marriages.

Read the full Forbes article and watch the interview here: http://bit.ly/2LmUq6S.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

How This Fund Leverages Its Nonprofit Structure To Make Profitable Impact Investments - Eva Yazhari - #645
Clean
June 05, 2018 06:00 AM PDT
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Read the full Forbes article and watch the interview here: http://bit.ly/2LZNn5k.

Eva Yazhari, co-founder and CEO of Beyond Capital, a nonprofit organization that makes profitable, seed-stage investments in India and East Africa, says the nonprofit status “is vitally important for us.”

Operating as a nonprofit has allowed the organization to attract pro bono resources that made the fund operationally possible.

“If you think about a fund of our size, the economics don't work when you're taking a two and twenty,” she says referring to the standard venture fund model of charging investors a 2% management fee plus a carried interest of 20% of the profits.

The Beyond Capital fund is just $1.8 million, meaning that a 2% management fee would pay only $36,000.

Read the full Forbes article and watch the interview here: http://bit.ly/2LZNn5k.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Kindness and Compassion Guide Her Every Move - Karen Palmer - #644
Clean
May 29, 2018 06:00 AM PDT
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Karen Palmer uses kindness and compassion to guide every decision she makes and every action she takes.

Interview with Karen Palmer, the President and Founder of Globalkindness GoingViral.

The following is the pre-interview with Karen Palmer. Be sure to watch the recorded interview above.

What is the problem you solve and how do you solve it?

We bring the power of compassion and kindness to all areas of life. Helping people see the benefits of being compassionate, kind, grateful, and peaceful.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Young Entrepreneur Hopes To Tell A New Story In Haiti - Marc Alain Boucicault, Banj - #643
Clean
May 25, 2018 06:00 AM PDT
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Read the full Forbes article and watch the interview here: http://bit.ly/2IIz5UB.

Resenting the prevailing narrative about poverty in Haiti, Marc Alain Boucicault, a Fulbright Scholar, and a former economist for the World Bank and Inter-American Development Bank, is putting his experience to work as a social entrepreneur, hoping to change the story and the economy.

Boucicault recently launched Haiti’s first coworking space for technology entrepreneurs in Haiti. He kicked off Banj, as he calls the new venture, with a tech conference that included representatives from Facebook and Google. He hopes to see technology infuse the traditional economy, giving more farmers and business owners access to international markets, eventually narrowing the country’s overwhelming trade deficit.

Banj already has 100 members with four of 13 available offices rented—and it’s profitable, according to Boucicault. He’s built the business with sponsorships rather than loans or equity. The members and tenants cover the infrastructure costs and the partners fund program costs.

Read the full Forbes article and watch the interview here: http://bit.ly/2IIz5UB.

Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

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