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Darren Westlake Change Agents Conference

Darren Westlake Change Agents Conference. My entrepreneur life. Started first company at 26 ‘Exited ’ 5 years later with many lessons learnt Started new company stronger from previous experiences ‘Exited’ 5 years later Went corporate 2 months later……regretted going corporate

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Darren Westlake Change Agents Conference

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  1. Darren Westlake Change Agents Conference

  2. My entrepreneur life • Started first company at 26 • ‘Exited’ 5 years later with many lessons learnt • Started new company stronger from previous experiences • ‘Exited’ 5 years later • Went corporate • 2 months later……regretted going corporate • 3 years later took the leap of faith and started new company - Crowdcube

  3. Crowdcube and Crowdfunding What is Crowdcube? • Crowdcube provides a web-based central hub for entrepreneurs to meet micro-investors. It uses the power of Crowdfunding to provide a unique service to two types of people: • for entrepreneurs to source funding more accessibly than conventional routes • for smaller investors to have the opportunity to invest in exciting high-potential businesses “$100 invested in Microsoft at their IPO would now be worth approximately $35k.”

  4. Crowdfunding Crowdfunding • Crowdfunding is an approach to raising the capital required for a new project or enterprise by appealing to large numbers of ordinary people for small donations • Social Media • Crowdfundingexamples • Kiva.org - $212m funding raised, >800,000 lenders, ~500,000 entrepreneurs • Kickstarter.com – 7,496 projects funded, $27m pledged in 2010, runrate $7m/mth

  5. How it works

  6. How it works

  7. How it works

  8. Successes

  9. Successes

  10. Points to consider • Not for the faint hearted • Rollercoaster ride • Don’t always make any money • Thrilling • In control of your destiny • Full benefit from what you put in Screw it, just do it!

  11. Thanks www.crowdcube.com

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