Podcast appearances and mentions of johnny reinsch

We did our first LIVE interview for The MoneyPot at the Fintech South Conference with Johnny Reinsch, CEO and Co-Founder of QWIL. With the expansion of self-employment in the "new-normal" economy, solutions that enhance the ability and solve for the pain points that contractors and consultants experience is more important than ever. QWIL is on a mission to solve the biggest pain point- getting paid on time! We had a great time with Fintech South and thank them for the opportunity to record a session with Johnny about solving issues for independent contractors and exploring the nature of entrepreneurship. Guest: Johnny Reinsch, CEO and Co-Founder of QWILHost: Sanjib Kalita, Editor-in-ChiefRachel Morrissey, Producer, Money20/20 USAProducers: Roland Bodenham, Senior Video Editor and Podcast Lead, AscentialRachel Morrissey, Producer, Money20/20 USA

Johnny Reinsch is the co-founder & CEO of Qwil.  Previously, he was the SVP of Strategy at Xapo, the world’s secure bitcoin wallet and vault where he helped evangelize bitcoin in developing economies as an alternative to broken banking and financial systems. He is a recovering M&A lawyer, having done over $10B in M&A deals before leaving big law to tackle financial inclusion. He’s a UCLA Bruin, avid skier, yogi and runs a company that Mission is to empower freelancers with the financial services they need to thrive. Enjoy Johnny's conversation with Lou Diamond on Thrive LOUD's "FinTech Week". *** Connect to Lou Diamond: www.loudiamond.net Subscribe to Thrive LOUD: www.thriveloud.com/podcast  

Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

The gig economy workforce is becoming larger all the time and is expected to become 50% of all workers by 2027. Yet the traditional financial system works best for the W-2 worker, someone who has a full time job. That obviously needs to change. Our next guest on the Lend Academy Podcast is someone who […] The post Podcast 191: Johnny Reinsch of Qwil appeared first on Lend Academy.

Welcome to the Tearsheet Podcast. I'm Zack Miller. Before we start, I want to apologize about my voice on this episode — there was something clearly wrong with my microphone. While it's annoying, I published this episode anyway because you can make out what I'm saying and the conversation was definitely worth saving. It wasn't so long ago that Johnny Reinsch found himself at a local bank branch. The cofounder and CEO of Qwil was nervous that his freelancing payments weren't coming in fast enough to cover his new mortgage. The bank? Well, even though he had always made his student loan payments through the bank and done a lot of other business with the banker, they were no help. They suggested getting a payday loan. What's there left to do other than start a company to alleviate the payment stress felt by freelancers and people gigging for a living? Johnny started Qwil — and while there are a slew of payday advance and invoice factoring companies around, he took a bit of a different tack. Qwil sits in between job marketplaces and the individuals who find work on these platforms. The marketplaces like Qwil because it services their members. Freelancers like it because they can get paid quicker.

From skate punk and forklift operator to "recovering" M&A attorney, Johnny Reinsch has already lived a fascinating life. Those adventures--and the time he almost failed to pay his mortgage--prepared him to co-found Qwil. Qwil works to empower freelancers with the financial services they need to thrive.

Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Johnny Reinsch of Qwil.co. Qwil makes an independent contractor management platform designed to empower freelancers with the financial services they need to thrive. Qwil recently raised a $5 million Series A led by Mosaik Partners with participation from NextGen, Reciprocal, 500 Startups, Cantos Ventures, Ranch.vc and Silicon Valley Bank. Qwil also raised a $102 million debt financing from Route 66 Ventures. Previous investors include Plug & Play Tech Center. In this episode Johnny talks about leveraging the FinTech track at 500 Startups, maximizing your warm intros, doing the "Sand Hill Shuffle," raising a large ($100M+) debt round, and much more.

Over $1 trillion in independent contractor income annually in the U.S. is locked in a 30, 60 or 90 day invoicing cycle. Johnny Reinsch, co-founder and CEO of Qwil, founded the company to offer financial products to individual contractors, freelancers, and small businesses. Qwil participated in the 500 Startups Fintech Accelerator in 2016, as well as the Silicon Valley Bank and First Data Accelerator, Commerce.Innovated.

Johnny Reinsch of Qwil which is a company that provides instant pay for the growing freelancer segment of the work force. He’s the co-founder and CEO and also a cryptocurrency nerd. Listen as Johnny shares how he shifted his career path and why Qwil is different from most startups. Famous Five: Favorite Book? – Zero to One What CEO do you follow? –  Elon Musk Favorite online tool? — Toptal Do you get 8 hours of sleep?— No If you could let your 20-year old self, know one thing, what would it be? – “I didn’t have to go to law school”   Time Stamped Show Notes: 01:24 – Nathan introduces Johnny to the show 01:57 – Johnny got tired of making rich people richer so he started his own startup 02:28 – Johnny shares his learnings from the cryptocurrency company 02:50 – Qwil helps freelancers collect their pay on time 03:21 – Qwil has a low price point 03:40 – Qwil is a transactional based model 04:05 – Qwil started summer of 2015 04:20 – First year total transaction volume is in low seven figures 04:51 – Target transaction volume for 2016 05:05 – Qwil’s funding rounds 05:45 – It is an equitable note 06:07 – “We are not disclosing a round at the moment” 07:20 – 2016 total transaction volume 07:40 – Qwil has a similar metric with GMD 08:51 – Some freelancers won’t release their payment right away 09:35 – If freelancers keep their money in Qwil for 30 days, they won’t be charged any fees 09:50 – Qwil can’t touch the cash of the freelancers 11:30 – Qwil offers conveniences to the users 13:28 – Profit margin base 13:44 – Team size 14:10 – Number of contractors who have used Qwil is in the thousands 15:21 – “We are trying to make a freelancer’s lifestyle much easier than it currently is” 17:10 – Connect with Johnny through his website, blog, and Twitter 18:50 – The Famous Five   3 Key Points: Be sure to USE and APPLY what you learned well. Be in a unique niche where competition is not very tough. School does NOT always lead you to your future, don’t let it narrow your scope.   Resources Mentioned: Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Drip – Nathan uses Drip’s email automation platform and visual campaign builder to build his sales funnel Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to the quality of Toptal Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible. Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books. The Top Inbox  – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens and follow-up with email sequences @Qwil – Johnny’s business Twitter handle Blog - Johnny’s business Twitter handle Qwil.co – Johnny’s business website Show Notes provided by Mallard Creatives