.jpg)
Money Sex Gen X
Money Sex Gen X (“MSG”) is a weekly podcast convo between gentlemen Gen X’ers Mr. Eric McLoyd and co-host Big Stew. These CHI-TOWN based hosts feel like Generation X needs to be portrayed better in the media. No shade or hate but they feel like Baby Boomers + Millennials get all the shine. Without judgment, they dive into topics like “Is College A Joke?”, “What Does It Mean To Be Black?” and “Let’s Talk About Sex” in hopes of uncovering new truths for viewers and themselves. Their painfully honest style of podcasting + their undeniable chemistry makes for some interesting Gen X curated content.
Money Sex Gen X
Season 7 Finale-Episode 50: Capital 4 The Culture: Crowdfunding Essentials for Entrepreneurs
Title: Capital 4 the Culture: Crowdfunding Essentials for Entrepreneurs
I. INTRO
Partner in podcasting, my brotha from
Anotha, AI mogul in the making (check out plannit AI) the Rashaeed Wallace of podcast knowledge -BIG STEW!
II. What is crowdfunding?
Crowdfunding is the raising of small amounts of capital from a large number of individuals to finance a new business venture.
It is also used to finance things such as funerals, non profit programming, tuition, etc. (church donations on Sunday are form of crowd funding)
Stew have you ever crowd funded?
III. Actual Factuals:
The average success rate of any Crowdfunding campaign is 22.4%. If a crowdfunding campaign includes a video, it is more likely to earn 105% of funding than those without a video. If a campaign raises 30% of its goal within the first week, it is more like to gain funding as expected.
https://www.enterpriseappstoday.com/stats/crowdfunding-statistics.html#:~:text=The%20average%20success%20rate%20of,to%20gain%20funding%20as%20expected.
Crowdfunding Statistics: Overview. $17.2 billion is generated yearly through crowdfunding in North America. Funds raised through crowdfunding grew 33.7% last year. There were 6,455,080 worldwide crowdfunding campaigns last year.
https://www.fundera.com/resources/crowdfunding-statistics#:~:text=Crowdfunding%20Statistics%3A%20Overview,worldwide%20crowdfunding%20campaigns%20last%20year.
IV. 3 types of crowdfunding:
Reward based, donation based and debt based, equity based
https://www.thebalancemoney.com/a-guide-what-is-crowdfunding-985100
V. Pros and Cons
V. Sites for people of color / women
https://www.womenandminoritybusiness.org/crowdfunding-for-women-or-minority-businesses/
VI. Outro
Follow MSG on IG @https://www.instagram.com/moneysexgenx/
Subscribe to us on YouTube at https://www.youtube.com/channel/UC8ZPj-9gwrEMiNpglZnzayw
