Podcasts about Kabbage

Guest producer Bobby sends Vieves and Andrew on a journey through time for products ranging from financial planning to food delivery. Plus, a cool thing happened to Utah once. Here are links to the ads we talked about in this week's show: PNC Bank: Time Machine https://www.ispot.tv/ad/fUS4/pnc-financial-services-time-machine PNC Bank: Time Machine (Insta Version) https://www.instagram.com/pncbank/reel/DEh8Frfs0vD/ Doritos: Time Machine (2014 Super Bowl) https://youtu.be/Y-P0Hs0ADJY?si=pHVf5jgRTANyQ-48 Uber Eats: Cher Turns Back Time https://www.youtube.com/watch?v=ghANjbEN9AM Toyota Highlander https://youtu.be/dGI08akvcGs?si=77icGWnsJkYilNnI Batiste Dry Shampoo https://www.ispot.tv/ad/6ZPe/batiste-time-travel Kabbage (ft. Gary Cole) https://www.ispot.tv/ad/I2er/kabbage-kabbage-spokesguy-from-10-minutes-in-the-future-featuring-gary-cole Kia Optima (ft. Blake Griffin) (2012): https://youtu.be/OWMQWAI_0a0?si=jy3tzTOQuaGsKxh0 Valspar Paint https://www.ispot.tv/ad/6fWC/valspar-time-machine Linzess - “Yes Katie” https://www.ispot.tv/ad/fGvC/linzess-yes-katie Utah State Fair TV spots featuring Napoleon Dynamite and Pedro https://youtu.be/OrhQf5p7uKk?si=w1hLprtp0Texx2he

Teddy Himler brings over 15 years of global experience at leading institutions, including Goldman Sachs, SoftBank, Comcast Ventures, and Antler, to his role at Optimist Ventures.Throughout his career, Teddy has cultivated deep expertise in global technology trends, innovative business models, and firm-building, with a focus on sectors such as artificial intelligence, insurance, healthcare, and industrial automation.At Antler, Teddy served as a partner, where he played a key role in the firm's growth, helping it become the world's most active early-stage venture capital firm by deal count.Prior to Antler, Teddy was instrumental in scaling SoftBank's operations in both the U.S. and Southeast Asia. In 2018, he launched SoftBank Group International's first New York City office, where he managed assets outside of SoftBank's Vision Fund, including Arm, Sprint, Boston Dynamics, and Brightstar. Earlier, as SoftBank Capital's first West Coast hire, Teddy served as Vice President, spearheading its Southeast Asia strategy from Jakarta while collaborating with partners like Alibaba.From 2018 to 2021, Teddy was a Principal at Comcast Ventures in New York, where he focused on investments in consumer internet, robotics, fintech (including insurtech and crypto), and other emerging technologies as part of Comcast's corporate venture capital platform.Teddy began his career at Goldman Sachs as an investment banking analyst in the Technology, Media & Telecom group in San Francisco. He holds a B.A. in Government and Economics from Harvard University.Over the years, Teddy has backed five unicorns at the seed or Series A stages and has been a deal team leader or member in numerous landmark investments, including Kabbage, Fitbit, Dialpad, BigCommerce, Grab, Tokopedia, Cheddar, Acorns, Hippo, Blockdaemon, Madison Reed, Blockchange, ABL Space, KeyMe, Arm, Boston Dynamics, SoftBank Robotics, Sprint, Cybereason, Zola, SoFi, Airspan, OneWeb, Kindbody, Berkshire Grey, Lemonade, Brightstar, Airalo, Earlytrade, Folio, Ora Health, Endless Health, and Inshur.Teddy's career reflects a track record of identifying transformative technologies and building global ventures, making him a key figure in the venture capital ecosystem.LinkedIn: https://www.linkedin.com/in/teddy-himler-84674719/

“B2B marketing is really human-to-human marketing. Don't just talk to companies; connect with the people running the show.” Michelle Lisowski, Senior Director of Global B2B and Partnership Marketing at Uber, joins Krystina Rubino on Growth Talks to explore the art of balancing strategy with scrappy execution, fostering emotionally intelligent teams, and scaling B2B marketing efforts globally. From cultivating a “see the forest through the trees” perspective to building team cultures where mistakes are embraced as learning opportunities, Michelle offers actionable insights for leaders navigating the demands of high-stakes marketing environments.

Adam Kamor is the Co-founder of Tonic, a company that specializes in creating mock data that preserves secure datasets. RAG Quality Starts with Data Quality // MLOps Podcast #262 with Adam Kamor, Co-Founder & Head of Engineering of Tonic.ai. // Abstract Dive into what makes Retrieval-Augmented Generation (RAG) systems tick—and it all starts with the data. We'll be talking with an expert in the field who knows exactly how to transform messy, unstructured enterprise data into high-quality fuel for RAG systems. Expect to learn the essentials of data prep, uncover the common challenges that can derail even the best-laid plans, and discover some insider tips on how to boost your RAG system's performance. We'll also touch on the critical aspects of data privacy and governance, ensuring your data stays secure while maximizing its utility. If you're aiming to get the most out of your RAG systems or just curious about the behind-the-scenes work that makes them effective, this episode is packed with insights that can help you level up your game. // Bio Adam Kamor, PhD, is the Co-founder and Head of Engineering of Tonic.ai. Since completing his PhD in Physics at Georgia Tech, Adam has committed himself to enabling the work of others through the programs he develops. In his roles at Microsoft and Kabbage, he handled UI design and led the development of new features to anticipate customer needs. At Tableau, he played a role in developing the platform's analytics/calculation capabilities. As a founder of Tonic.ai, he is leading the development of unstructured data solutions that are transforming the work of fellow developers, analysts, and data engineers alike. // MLOps Jobs board https://mlops.pallet.xyz/jobs // MLOps Swag/Merch https://mlops-community.myshopify.com/ // Related Links Website: https://www.tonic.ai Various topics about RAG and LLM security are available on Tonic.ai's blogs: https://www.tonic.ai/blog https://www.tonic.ai/blog/how-to-prevent-data-leakage-in-your-ai-applications-with-tonic-textual-and-snowpark-container-services https://www.tonic.ai/blog/rag-evaluation-series-validating-the-rag-performance-of-the-openais-rag-assistant-vs-googles-vertex-search-and-conversation https://www.youtube.com/watch?v=5xdyt4oRONU https://www.tonic.ai/blog/what-is-retrieval-augmented-generation-the-benefits-of-implementing-rag-in-using-llms --------------- ✌️Connect With Us ✌️ ------------- Join our slack community: https://go.mlops.community/slack Follow us on Twitter: @mlopscommunity Sign up for the next meetup: https://go.mlops.community/register Catch all episodes, blogs, newsletters, and more: https://mlops.community/ Connect with Demetrios on LinkedIn: https://www.linkedin.com/in/dpbrinkm/ Connect with Adam on LinkedIn: https://www.linkedin.com/in/adam-kamor-85720b48/ Timestamps: [00:00] Adam's preferred coffee [00:24] Takeaways [00:59] Huge shout out to Tonic.ai for supporting the community! [01:03] Please like, share, leave a review, and subscribe to our MLOps channels! [01:18] Naming a product [03:38] Tonic Textual [08:00] Managing PII and Data Safety [10:16] Chunking strategies for context [14:19] Data prep for RAG [17:20] Data quality in AI systems [20:58] Data integrity in PDFs [27:12] Ensuring chatbot data freshness [33:02] Managed PostgreSQL and Vector DB [34:49] RBAC database vs file access [37:35] Slack AI data leakage solutions [42:26] Hot swapping [46:06] LLM security concerns [47:03] Privacy management best practices [49:02] Chatbot design patterns [50:39] RAG growth and impact [52:40] Retrieval Evaluation best practices [59:20] Wrap up

Blake and David dig into reports from the Illinois CPA Society and National Pipeline Advisory Group highlighting issues like long work hours, the 150-hour rule, and low starting salaries. They examine the potential disruption of traditional accounting software by startups and vertical SaaS companies offering embedded accounting functionality and review some of the CPA Practice Advisor Readers' Choice Awards. Wrapping things up, they highlight the health risks of long working hours, and discuss the need for better work-life balance in accounting firms, based on a recent WHO report.SponsorsOnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/casKeeper - http://accountingpodcast.promo/keeperBlue Onion - http://accountingpodcast.promo/blueonionChapters(01:44) - Does QuickBooks have some new competition? (07:05) - Layer wants to be a GL service (10:08) - Lili's place in the marketspace (13:26) - The role of accountants in software success (16:28) - CPA Practice Advisor's 2024 Reader Choice Awards (18:53) - Illinois CPA Society survey results (25:31) - WHO publishes estimates on health costs from working long hours (30:02) - The long-awaited NPAG Impact Report was released! (33:11) - Identifying pipeline problems (35:06) - Reasons students don't choose accounting majors (49:45) - Final points from report (53:31) - Blake's theory on why accounting starting salaries are low (01:00:15) - Thanks for listening and remember to subscribe  Show NotesTeal Announces $8M Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaShttps://www.businesswire.com/news/home/20240520567117/en/Teal-Announces-8M-Seed-Investment-to-Drive-Next-Gen-Accounting-Products-for-Vertical-SaaSEmbedded accounting startup Layer secures $2.3M toward goal of replacing QuickBookshttps://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/?guccounter=1Illinois CPA Society Releases Updated CPA Pipeline Reporthttps://www.icpas.org/about-us/press/press-release-details/2024/05/16/illinois-cpa-society-releases-updated-cpa-pipeline-reportNational Pipeline Advisory Group releases draft strategy reporthttps://www.accountingpipeline.org/draft-report/Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks | TechCrunch                https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/ The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards        https://www.cpapracticeadvisor.com/2024/05/15/2024-cpa-practice-advisor-readers-choice-award-winners-announced/105089/ Lili Launches New Accountant AI for Small Business Financial Management   https://www.cpapracticeadvisor.com/2024/05/16/lili-launches-new-accountant-ai-for-small-business-financial-management/105520/ Embedded accounting startup Layer secures $2.3M toward goal of replacing QuickBooks     https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/ Kabbage Inc. Settles Allegations of PPP Fraud        https://smallbiztrends.com/?p=1487492 US accounting group bows to calls for faster path for recruitshttps://www.ft.com/content/b6562303-cfda-4c6e-bb7b-8fe6e092bb01 National Pipeline Advisory Group releases draft strategy report - National Pipeline Advisory Group   https://www.accountingpipeline.org/draft-report/ Bench and Shopify alumni announce $11M CAD to build “the Stripe for accounting” with Teal - BetaKit                https://betakit.com/bench-and-shopify-alumni-announce-11-million-cad-to-build-the-stripe-for-accounting-with-teal/ Embedded accounting startup Teal raises $8M seed          https://www.axios.com/pro/fintech-deals/2024/05/20/embedded-accounting-teal-8-million-seed The Indicator from Planet Money : NPRhttps://www.npr.org/2024/05/17/1197964709/trade-wars-and-talent-shortages Canadian fintech Teal raises $8M to build ‘Stripe for accounting'               https://techfundingnews.com/canadian-fintech-teal-raises-8m-to-build-stripe-for-accounting/ Kabbage to pay $120M in PPP fraud settlements with DOJhttps://www.bankingdive.com/news/kabbage-pay-120-million-ppp-fraud-doj-small-business-loan-pandemic/716053/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or

In episode 26 of Venture Everywhere, Angela Prince, former CEO of Climb Credit, founder of Orchard (acquired by Kabbage), and LP of Everywhere Ventures, chats with Sam Hodges, co-founder and CEO of Vouch – a tech-driven commercial insurance business. Vouch's platform offers digital insurance coverage that can be activated swiftly to ensure a seamless experience from the initial sign up process to handling claims. Prior to Vouch, Sam co-founded and built the US business for Funding Circle, a global marketplace for small business loans. With two decades of entrepreneurship and investment under his belt, Sam has effectively positioned the company as a disruptive force in commercial insurance by using technology to meet the distinct needs of startups and high-growth businesses. In this episode, you will hear: ● Vouch's focus on insuring startups and assisting entrepreneurs in managing their crucial risks. ● The need for product evolution and broadening service offerings to cater diverse company sizes and types. ● Vouch's potential in the commercial property and casualty insurance market, with opportunities for innovation and distribution. ● Understanding different stages of businesses and the company culture to thrive. ● Addressing AI-specific risks for companies and ensuring appropriate insurance coverage and risk management.Learn more about Sam Hodges | Vouch Linkedin: linkedin.com/in/samhodges Website: https://www.vouch.us/ Learn more about Angela Prince | Everywhere Ventures and Climb Credit Website: http://everywhere.vc/ and https://climbcredit.com/students Linkedin: linkedin.com/in/angela-galardi-ceresnie

In this episode, join host Matt Kasson as he engages in a conversation with Dr. Megan McCaghey, Assistant Professor of Plant Pathology in the Department of Plant Pathology at the University of Minnesota. Dr. McCaghey shares insights into her career journey shaped by agriculture, the deliberate choice to pursue a master's degree before a PhD, and her ongoing research on Southern blight and Phytophthora sojae. The discussion also explores her current and future teaching commitments, the transformative impact of the pandemic on her teaching methods, mentoring and networking approaches, and valuable advice for early-career scientists. Show notes UMN Department of Plant Pathology Faculty Profile here: https://plpa.cfans.umn.edu/people/megan-mccaghey McCaghey Lab Website: https://mccagheylab.cfans.umn.edu/ Find Megan McCaghey on X (formerly Twitter): @MNSoilFungi 2023 Research Highlight on Dr. McCaghey's work on Soybeans by the Soybean Research and Information Network: Improving Tools for Soybean Breeders to Fight White Mold Recent APS Press Publication: Webster, R.W., McCaghey, M., Mueller, B.D., Groves, C.L., Mathew, F.M., Singh, A.K., Kabbage, M. and Smith, D.L., 2023. Development of Glycine max Germplasm Highly Resistant to Sclerotinia sclerotiorum. PhytoFrontiers™, 3(3), pp.629-638. https://apsjournals.apsnet.org/doi/full/10.1094/PHYTOFR-01-23-0009-R This episode is produced by Association Briefings (https://associationbriefings.com). Special Guest: Megan McCaghey.

Lex chats with  Matt Bivons, the founder and CEO of Canopy, a modern digital lending company. Bivons discusses his background in fintech and his journey from being a product designer to starting his own company. He explains the importance of designing products for others and how he identified a gap in the market for a lending infrastructure solution. Bivons also talks about the evolution of the digital lending sector and the role of infrastructure companies in enabling fintech innovation. He shares his vision for the future of Canopy and the opportunities in the commercial lending space. MENTIONED IN THE CONVERSATION Canopy's Website: https://bit.ly/3Fwvg3YMatt's LinkedIn profile: https://bit.ly/3QyIu6x Topics: fintech, lending, API, Paas, credit, loan servicing, digital lending Companies: Canopy, Earnest, GreenSky, Stripe, Kabbage, YC ABOUT THE FINTECH BLUEPRINT 

Rob Frohwein is a serial founder. Today, he's focused on building Keep Financial, a fintech that empowers companies to offer flexible compensation to their employees. Prior to Keep, Rob co-founded fintech  Kabbage which was ultimately acquired by American Express in 2020. In this episode of Early Days, Rob shares the experience of building and growing Kabbage and his insights from his lifetime of entrepreneurship. This is an invaluable episode for all founders, but particularly those building in fintech.Follow Rob directly on LinkedIn and Twitter @RobFrohwein.Want to improve your company's hiring and retention? Learn more about Keep Financial's  smart compensation options on LinkedIn and Twitter @keep_financial.Looking to simplify cash flow management for a small business? Check out  Kabbage on LinkedIn and Twitter @KabbageInc. If you're ready to build your next company in Antler's studios, our next Residency launches in Austin, Boulder & NYC this October 2023  - drop into an upcoming AMA to learn more or check us out at antler.co

On this episode of the AI For All Podcast, Adam Kamor, co-founder and Head of Engineering at Tonic.ai, joins Ryan Chacon and Neil Sahota to discuss synthetic data for machine learning models. They talk about structured vs unstructured data, the limits of synthetic data, synthetic data examples and use cases, when not to use synthetic data, data risks and privacy, prompt engineering with synthetic data, industries using synthetic data, differential privacy, computer vision, and digital twins. Adam Kamor, PhD, is Co-Founder and Head of Engineering of Tonic.ai. Since completing his PhD in Physics at Georgia Tech, Adam has committed himself to enabling the work of others through the programs he develops. In his roles at Microsoft and Kabbage, he handled UI design and led the development of new features to anticipate customer needs. At Tableau, he played a role in developing the platform's analytics/calculation capabilities. As a founder of Tonic.ai, he is leading the development of data generation solutions that are transforming the work of fellow developers, analysts, and data engineers alike. Tonic.ai is the fake data company. They mimic your production data to create de-identified, realistic, and safe data for your test environments. More about Tonic: https://www.tonic.ai Connect with Adam: https://www.linkedin.com/in/adam-kamor-85720b48/ Key Questions and Topics from This Episode: (00:00) Intro to the AI For All Podcast (00:54) Intro to Adam Kamor and Tonic.ai (01:11) What is synthetic data? (03:45) Structured vs unstructured data (06:54) Synthetic data examples (09:58) Limits of synthetic data (11:47) When not to use synthetic data (13:05) Synthetic data use cases (15:22) Potential of synthetic data (17:39) Data risks and privacy (19:30) Prompt engineering with synthetic data (21:11) What industries use synthetic data? (23:08) What is differential privacy? (24:22) Synthetic data, computer vision, and digital twins (27:13) Learn more about Tonic.ai Subscribe on YouTube: https://bit.ly/43dYQV9 Join Our Newsletter: https://ai-forall.com Follow Us on Twitter: https://twitter.com/_aiforall

David is reunited with former Manager and all around good dude Mike Fecht. Mike has come on to share his story of dealing with the grief, after the loss of his spouse Shani. He has written a book that chronicles his life after one phone called changed his life. This episode is dedicated to Shani Fecht and her brilliant spirit. Famous athletes and their agents. South Beach. After a tumultuous young adulthood, Mike Fecht finally found the job and life of his dreams. Managing a sports performance facility for some of the world's most famous athletes in South Florida, life was looking up for thirty-five-year-old Mike and his wife of eight years, Shani. Then during the process of relocating from Atlanta, Mike received a call that would change his life forever. His wife had been murdered in Atlanta. Dark depths of despair and rage consumed Mike. The grief was overwhelming. But in healing from her own mother's death, Shani left the blueprint for Mike to follow. At times it seemed as if she might just be throwing nuggets of clues from the other side. A regular yoga practice was one of Shani's final gifts to Mike. Although Mike avoided it for years, Shani convinced him to take up yoga a couple of years before her death. In his grief, the yoga mat became Mike's rabbit hole into a spiritual journey of healing, transformation and connection to his late wife. Mike let go of all he thought he knew to become something he never imagined. An Unlikely Yogi takes the reader through an at-times intense journey of grief and loss to hope, healing and recovery on the other side.------------------------------------------------------ “Mike has truly created a masterpiece! Doing what he does best: finding strength through the discomfort and creating calmness through the breath. An Unlikely Yogi empowers anyone who has gone through some form of trauma to keep flowing. It's an example of what we're capable of overcoming when inner work is our focus. Namaste.” Jelani Jenkins5-Year NFL VeteranFounder/CEO, Postseason"I cried, then I smiled. I cried some more, then I laughed. This beautiful memoir of hope after tragedy is something everyone can learn something from. Reading about the impact yoga had on Mike's life has inspired me to create my own yoga space in my home because of the powerful benefits." Shannon Furman7-Time Emmy Award-Winning Producer and Director With NFL Films “Mike's ability to feed life into others is a gift that has blessed my life wholeheartedly. Mike's story not only encourages others that have been through adversity, but also how to connect with your inner being. Through yoga and meditation, Mike has taught me to 'let it be.' Mike, I want to thank you, because what we did in Miami changed my life forever! Love the book and love what you stand for!" Jamar Taylor8-Year NFL Veteran "I've known Mike for a decade and have found his story and journey inspiring on many levels. Mike pushes himself to not only find his own path to peace but takes the time to help those around him in the process. Having the opportunity to get to know Mike has been a gift, and I look forward to following his growth for many years." Kathryn PetraliaCofounder and Chief Keeper, Keep FinancialCofounder and Former COO, Kabbage.comForbes Magazine Top 100 Most Influential Women in the World Link to the book on Amazon: https://www.amazon.com/Unlikely-Yogi-Grief-Post-Traumatic-Growth/dp/B0C9RWW3LX *******Mike's Ted Talk https://www.youtube.com/watch?v=TPs9Et43rB0&t=7s --- Send in a voice message: https://podcasters.spotify.com/pod/show/recoverynuggetspodcast/message Support this podcast: https://podcasters.spotify.com/pod/show/recoverynuggetspodcast/support

How can IoT use synthetic data and what are the risks? Adam Kamor, Co-Founder and Head of Engineering of Tonic.ai, joins Ryan Chacon on the IoT For All Podcast to discuss synthetic data with AI and IoT. They cover data synthesis and ML model training, synthetic data for IoT simulations, generative AI, data risks with generative AI, and solutions using generative AI. Adam Kamor, PhD, is Co-Founder and Head of Engineering of Tonic.ai. Since completing his PhD in Physics at Georgia Tech, Adam has committed himself to enabling the work of others through the programs he develops. In his roles at Microsoft and Kabbage, he handled UI design and led the development of new features to anticipate customer needs. At Tableau, he played a role in developing the platform's analytics/calculation capabilities. As a founder of Tonic.ai, he is leading the development of data generation solutions that are transforming the work of fellow developers, analysts, and data engineers alike. Tonic.ai is the fake data company. They mimic your production data to create de-identified, realistic, and safe data for your test environments.  Discover more about AI and IoT at https://www.iotforall.com More about Tonic.ai: https://www.tonic.ai Connect with Adam: https://www.linkedin.com/in/adam-kamor-85720b48/  Key Questions and Topics from this Episode: (00:00) Welcome to the IoT For All Podcast (00:54) Introduction to Adam and Tonic.ai (02:25) Data synthesis and ML model training (05:44) How can IoT use synthetic data? (10:45) Generative AI (12:28) Data risks with generative AI (15:00) Solutions using generative AI (17:31) Learn more and follow up  SUBSCRIBE TO THE CHANNEL: https://bit.ly/2NlcEwm​ Join Our Newsletter: https://www.iotforall.com/iot-newsletter Follow Us on Twitter: https://twitter.com/iotforall Check out the IoT For All Media Network: https://www.iotforall.com/podcast-overview

E70: David interviews Allyson Eman, the CEO of VentureAtlanta which began 17 years ago with one mission: to connect companies to capital. Launched in 2007 with a couple hundred attendees and 20 investment funds, Venture Atlanta now welcomes more than 1,300 annual attendees and over 350 investment funds. The conference's networking and events have led to $7.5 billion in fundings raised and over $17 billon in successful exits including Kabbage, Cloud Sherpas, Roadie, ParkMobile, SalesLoft, and many more. Today, VentureAtlanta has evolved to encompass the connections, resources, partnerships, and community forged beyond the annual conference in support of the Southeast's most promising tech companies.We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. If you like the Pod, follow David and Paul on LinkedIn and it really helps us if you leave a 2 sentence review. To learn more about The RollingSouth Funds that we operate, go to rollingsouth.vc or email david@rollingsouth.vc. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.

Si buscamos financiar un negocio online tendremos que hacer un plan de financiación, que es la herramienta que nos permitirá describir cuáles van a ser las fuentes y los tipos de financiación empresarial que vamos a necesitar en nuestro emprendimiento. Cuando ya tengamos claro cuánto dinero necesitamos para poner en marcha nuestro e-Commerce, entonces debemos estudiar detenidamente cómo financiar nuestro negocio. Existen muchas formas de hacerlo pero, para no cometer errores, en este episodio contamos con la guía de Leonel García, un profesional con más de 15 años de experiencia en gestión empresarial. Actualmente es presidente de LG Business Capital LLC, que brinda préstamos comerciales para organizaciones y proyectos de todos los tamaños y tipos. “Hay muchos programas de préstamos, pero se dividen en dos categorías: De 0 a 2 años y más de 2 años. Cuando la compañía tiene dos años se abren muchas opciones, aunque también depende de cuánto se genere por mes”, describe Leonel, y aclara: “Si vas a comprar equipos que tú conservas, hay un tipo de financiamiento. Para el financiamiento de mercancía ya es diferente”. “Para que no esperes uno o más meses, hay compañías de ‘factoring' que te prestan el dinero, te lo adelantan, y cobran entre el 1 y 3 por ciento, pero la persona ya tiene el cashflow. Hay programas que no son tan formales pero, si la persona quiere tener financiamiento, yo aconsejo que siempre haga bien su contabilidad y se una a ciertas plataformas, como Kabbage y Fundbox, y puede ir pidiendo dinero en varias de ellas”, desarrolla nuestro invitado. Según Leonel, la técnica “más común”, que es “el peor error”, es financiar nuestro negocio con un crédito personal. “El problema es que no fue hecho para financiar compañías. Si tienes una tarjeta de crédito personal y llegas al 30 por ciento, tu crédito se va al piso. Y cuanto más usas tu crédito personal, no lo vas a poder pagar y los bancos te cierran todas las opciones. En cambio, si creas crédito comercial a nombre de tu compañía es todo lo contrario, porque no se refleja en tu crédito personal y, si llega al 100 por ciento, ellos no lo ven mal, porque piensan que estás teniendo buenas ventas y te abren el crédito”, explica nuestro especialista. Por otro lado, existen los famosos préstamos SBA, que son sólo para los residentes o ciudadanos de Estados Unidos. “Se pueden usar para muchas cosas. El préstamo 7(a) del SBA es el más versátil. Aunque es un solo nombre, tiene muchos programas. Si ya tienes un negocio y necesitas financiamiento para seguir adelante, tienes que tener al menos dos años de impuestos ya hechos. Son impuestos con ganancia, pero si se fue a pérdida y fue por depreciación o salario del dueño, eso se suma de vuelta. Puede que alguien esté en cero en los taxes pero cualifique para un préstamo SBA. Aunque quieren ver dos o tres años de taxes que sean estables o que vayan progresando”, comenta nuestro invitado, y agrega: “Lo que mucha gente puede hacer es consolidar las deudas del negocio, porque los de SBA, si es solamente cash, pueden darte 10 años, y si es con bienes raíces pueden darte hasta 30 años y con buenos intereses”. El tiempo de demora para la aplicación de los SBA “depende de la industria, la compañía y cuán complejo es el préstamo, pero es entre tres y cinco semanas”, confirma Leonel. El resto de los créditos tradicionales para un negocio toman un tiempo formal y pueden tardar generalmente de tres a seis meses. Si queremos tener préstamos más rápido, su costo es más caro. “Si puedes esperar un tiempo vas a tener algo más útil, y muchas veces las tarjetas te las dan al 0 por ciento por doce meses, que eso es mejor que cualquier préstamo”, recalca Leonel. Existen algunos tipos de negocios que son mejores que otros para adquirir préstamos. Prácticamente todos pueden hacerlo, “con la excepción de ciertas industrias de alto riesgo, como las de bienes raíces”, afirma Leonel. “Los de e-Commerce no se consideran de alto riesgo, pero lo que ellos quieren ver es una consistencia en las ventas”, sostiene. Cuando decidimos pedir un préstamo, hay ciertas situaciones que debemos evitar porque pueden ser mortales para la empresa. “El primero es que tu cuenta nunca se vaya a menos de cero, es decir, tener un flujo de caja positivo. Todos los bancos miran eso”, asegura nuestro especialista. “Por otro lado, están las tarjetas de crédito. Si el total tiene un 20 por ciento, pero hay una tarjeta pequeña de unos mil dólares que está hasta el máximo, eso te ‘tranca' todo el crédito”, asevera. Otro error que debemos evitar es pedir préstamos para nuestros gastos personales y no para el negocio, y esa situación se complejiza cuando estamos comenzando con una nueva empresa. “Les aconsejo que sigan trabajando mientras forman su crédito o compañía, porque he visto personas que caen en una crisis y luego pedir otro préstamo no va a ser tan fácil”, advierte Leonel. El pedido de un préstamo debe estar acompañado de buenas razones, y la principal es el crecimiento del negocio. “Si las personas ya están en pérdida y saben que no hay rescate, quieren coger más dinero para retrasar lo que es inevitable”, lamenta Leonel, por lo que “uno tiene que ser sincero”: “Si su negocio tiene futuro, hay que conservarlo, sino hay que cambiarlo”, expresa. Asimismo, hay préstamos que no son convenientes para elegir, ya que “son muy agresivos y, si no tienes ayuda, son muy difíciles” de afrontar. Hay préstamos en los que la empresa “firma muchos derechos que los pierden durante el proceso de contrato y sin darse cuenta”. “Esos préstamos son pagos diarios y son bien altos, y el tiempo es muy importante. Hay veces que 30 días es demasiado tarde y hay que accionar rápido”, alerta nuestro invitado. Hay programas cuya especialidad es sacarnos de esos préstamos mediante planes de refinanciación. En el caso de que tengamos varias compañías, tenemos la posibilidad de sacar un préstamo por cada una de ellas, porque mantienen su independencia. “Cada compañía tiene un máximo de 5 millones de dólares para un préstamo de SBA, que puedes coger por partes, pero que no pase los 5 millones de dólares. Si te lo dan este año por 10 años y tu negocio crece, puedes coger otro para el siguiente año hasta los 5 millones”, informa nuestro invitado. Generalmente, para cualquier tipo de préstamo, “los bancos siempre quieren ver que tus ganancias sean 20 por ciento más que tus gastos”. “Si vas a refinanciar, eso va a hacer que tus gastos bajen. Hay personas que adquieren préstamos de SBA y están con las deudas bien altas, porque son pagos muy cortos, pero cuando lo extienden a 10 años, su DSCR es mucho mejor y hace que cualifiquen para más cantidad, si piden que primero se consolide lo que ya deben”, finaliza Leonel. Página web: tuayudacomercial.com Youtube: Tu ayuda comercial

Brett Sussman of Kabbage from American Express (@kabbageinc) has embraced the new economy and is determined to help small business owners adapt to how people learn and buy. Listen now to learn about helping small businesses with a TikTok collaboration, branding and marketing online, and the future of shopping on social media. Sponsored by: Toast POS System — https://bit.ly/3vpeVsc Try DAVO Sales Tax and Save — https://bit.ly/3rf2BcB Atmosphere TV for Your Business — https://bit.ly/3Mbc2TZ

Brett Sussman of Kabbage from American Express (@kabbageinc) has embraced the new economy and is determined to help small business owners adapt to how people learn and buy. Listen now to learn about helping small businesses with a TikTok collaboration, branding and marketing online, and the future of shopping on social media. Sponsored by: Toast POS System — Try DAVO Sales Tax and Save —  Atmosphere TV for Your Business —

Holiday cheers with a visionary on Drinks With A VC featuring Ben Narasin of Tenacity Venture Capital. Tracing back to his roots as an e-commerce pioneer with Fashionmall.com, Ben shares tales of early-stage triumphs, from DropCam to Kabbage. Vik and Bree tap into his love for comic books, his recent puppy adoption, and why Dungeons & Dragons aligns with venture strategy. Tune in for an episode filled with insights and Ben's philosophy: "Life is not about having what you want, it's about wanting what you have."Links:www.tenacity.vcwww.twitter.com/BNarasinFoster puppies here.www.nikubutchershop.com/ (Restaurant!)

Welcome to Reimagining Company Culture, a series discussing emerging trends and priorities shaping the future of workplace culture and employee wellbeing. We highlight thought leaders who are constantly evolving their strategy and can provide insight to folks about how to address new business challenges.  AllVoices is on a mission to create safe, happy, and healthy workplaces for all, and we're excited to learn from experts who share our mission. In this episode of Reimagining Company Culture, we're chatting with Jen Straus, Vice President of People Operations at Pie Insurance.  Jen has led teams at hyper-growth startups, including Kabbage and Alteryx.Tune in to learn Jen's thoughts on investing in family-forming benefits, iterating on compensation to be more equitable, modeling great management style, and more!About AllVoices In today's workforce, people often don't feel empowered to speak up and voice their opinions about workplace issues, including harassment, bias, and other culture issues. This prevents company leadership from making necessary changes, and prevents people from feeling fulfilled, recognized, and included at work. At AllVoices, we want to change that by providing a completely safe, anonymous way for people to report issues directly to company leaders. This allows company leadership real transparency into what's happening in their companies—and the motivation to address issues quickly. Our goal is to help create safer, more inclusive companies.Thanks for listening! Follow us on LinkedIn @AllVoices, to join our community of listeners.

Tiffany Ju is our guest on Female Founder World! Tiffany's bootstrapped hair accessory brand, Chunks, hit $40k in sales in her first year, $500k in year two, and in her third year, 2021, made over $1 million in sales—all without paid ads.  After being let go from her first 9-5 job in 2012, Tiffany began building her first business. She started dying tights in her kitchen and selling them on Etsy, which immediately went viral. She quickly discovered hand-dying tights wasn't a scalable business, and sales declined over time as the trend faded. Tiffany eventually closed her tights business and took a year off in 2018 to create art and explore her interests. She found a gap in the market for unique, high-quality hair clips, and Chunks was born. Things lined up: Tiffany already had experience manufacturing, the margins looked great, and there wasn't much competition in the space at the time. Her tights business left Tiffany in debt, so she knew she had to bootstrap and be extremely resourceful this time around. Tiffany worked with manufacturers who accepted small orders, created her own website, invested in photography, and began testing the market. Chunks began primarily selling via wholesale since Tiffany was able to tap into her existing network from her first business. From there, the online orders began trickling in. In 2020 with stores closing and wholesale slowing down, Tiffany continued developing her customer base online and saw ecommerce taking off. Today, Chunks' business is split about 40% ecommerce and 60% wholesale. The business is doing over a $1 million in annual revenue and manages a team of 14. While Tiffany has prioritized hiring, she's refocused herself into a marketing director role, deciding that it's too early to bring on someone externally for that position.     Female Founder World is the place to meet your business besties online and IRL. Join our online community and get alerts about upcoming events in your city: www.femalefounderworld.norby.live Links Explore Chunks: http://chunks.shop/ Join Female Founder World's AMA to ask Tiffany your business questions on Thursday, 3 Nov 2022: https://momence.com/s/29672484  We're coming to Austin! Register for Female Founder World Austin presented by Gorgias: https://momence.com/s/52914247  Kabbage loans Project management tool: Monday.com Books: Profit First; Big Magic; Rocket Fuel; Traction; Who Not How; The eMyth; Radical Candor, Dare to Lead, Rise by Patty Azzarello; 4,000 Weeks; The Diamond Cutter Mindfulness: The Waking Up app Podcast: Aubrey Marcus; Andrew Huberman

Our weekly recap and review of most read stories features Twitter, Altera, Kabbage, Juul and more. After a look ahead to next week, Reorg's Kevin Eckhardt joins the podcast for a Deep Dive segment discussing his recent experience moderating a panel discussion with bankruptcy judges, practitioners and academics at the Chicago Conference on Judicial Valuation. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey.

Welcome to the Tearsheet Podcast. I'm Tearsheet's founder and editor-in-chief, Zack Miller. American Express' Kabbage is growing and evolving. As a standalone company, we've known Kabbage as a small business lender, and post-acquisition, as part of Amex's strategy, it's expanding its lending capabilities into becoming a cash flow home base for the firm's SMB clients. CMO Brett Sussman joins me on the podcast today to talk about the opportunities and challenges SMBs face, and how Amex and Kabbage are working to support them. We discuss the evolution of Kabbage as a product, and Amex in general as it expands to meet the needs of small businesses. We also talk about Amex's two-pronged strategy to grow Kabbage. Kabbage's Brett Sussman is my guest today on the podcast.

We started a new recurring series with Fintech Brews & News called Women in Fintech, where we will be highlighting female founders, subject-matter-experts, and thought leaders in the fintech space! In our first episode in the series our host Nikkee Rhody sat down with Kathryn Petrailia, Co-Founder of Kabbage and her new fintech venture Keep Financial. They discuss Kathryn's journey as a female founder in the fintech space, her time at Kabbage, her new startup Keep Financial, and so much more.

Rex Salisbury is the Founder of Cambrian and GP of Cambrian Ventures. Rex is a key figure in the Fintech ecosystem, having started Cambrian as a product meetup in 2015 and ultimately growing it into a community of 15,000 newsletter subscribers, 5,000 meetup members, 1,300 founders and now an early-stage venture fund. Along the way, Rex spent two years at a16z as a partner on the Fintech team, backing companies including Deel and Tally, according to TechCrunch.   Though only having just closed the fund, Rex has already made five investments, including in Keep Financial, a bonus management platform started by Kabbage founders Rob Frohwein and Kathryn Petralia.   In this conversation, we discuss Rex's approach to fundraising as a solo GP and factors that contributed to his success, raising and deploying a fund in the current market environment, Cambrian's investment and value creation strategy and much more.   Thank you very much for joining us today. Please welcome, Rex Salisbury.

Employee retention is something that many companies, large and small, struggle with constantly. Despite this obvious pain point, there has not really been a fintech-focused approach to attacking this problem. Stock options and season tickets to ballgames will only motivate, or be appropriate for, certain audiences. But everyone loves cash.My guests on today's episode of the Fintech One-on-One podcast are Rob Frohwein and Kathryn Petralia. They became big names in the fintech space as the founders of Kabbage which they sold to American Express in 2020. This dynamic duo is back with a new company called Keep Financial and they are out to revolutionize employee compensation.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Andrew Lipstein reads excerpts from "Last Resort," backed by an original Storybound remix with sound design and arrangement by Jude Brewer. Andrew Lipstein is a writer based in Brooklyn. His debut novel "Last Resort" is out now from Farrar, Straus & Giroux in the US, and Weidenfeld & Nicolson in the UK. His second novel will be published in 2023, also by FSG and W&N. He also works on the product design team at Kabbage, a fintech startup, and was previously at Meural, an art tech startup and his writing has appeared in Interview, the Los Angeles Review of Books, The Brooklyn Rail, The Millions, VICE, McSweeney's, The Rumpus, Electric Literature & more. Storybound is hosted by Jude Brewer and brought to you by The Podglomerate and Lit Hub Radio. Let us know what you think of the show on Instagram and Twitter @storyboundpod. Stay calm and write on ... [Discover The Writer Files Extra: Get 'The Writer Files' Podcast Delivered Straight to Your Inbox at writerfiles.fm] [If you're a fan of The Writer Files, please click FOLLOW to automatically see new interviews. And drop us a rating or a review wherever you listen] Show Notes: Last Resort: A Novel by Andrew Lipstein (Amazon Affiliate) Kelton Reid on Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices

Andrew Lipstein reads excerpts from "Last Resort," backed by an original Storybound remix with sound design and arrangement by Jude Brewer. Andrew Lipstein is a writer based in Brooklyn. His debut novel "Last Resort" is out now from Farrar, Straus & Giroux in the US, and Weidenfeld & Nicolson in the UK. His second novel will be published in 2023, also by FSG and W&N. He also works on the product design team at Kabbage, a fintech startup, and was previously at Meural, an art tech startup and his writing has appeared in Interview, the Los Angeles Review of Books, The Brooklyn Rail, The Millions, VICE, McSweeney's, The Rumpus, Electric Literature & more. Support Storybound by supporting our sponsors: Scribd combines the latest technology with the best human minds to recommend content that you'll love. Go to try.scribd.com/storybound to get 60 days of Scribd for free. Acorn.tv is the largest commercial free British streaming service with hundreds of exclusive shows from around the world. Try acorn.tv for free for 30 days by going to acorn.tv and using promo code Storybound. ButcherBox sources their meat from partners with the highest standards for quality. Go to ButcherBox.com/STORYBOUND to receive a FREE turkey in your first box. Storybound is hosted by Jude Brewer and brought to you by The Podglomerate and Lit Hub Radio. Let us know what you think of the show on Instagram and Twitter @storyboundpod. *** This show is a part of the Podglomerate network, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the website and sign up for our newsletter for more information about our shows, launches, and events. For more information on how The Podglomerate treats data, please see our Privacy Policy.  Since you're listening to Storybound, you might enjoy reading, writing, and storytelling. We'd like to suggest you also try the History of Literature or Book Dreams. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this post-COVID era of entrepreneurship, many people have started businesses. Fueled by passion, these companies sometimes struggle with profits. Small business owners can get financial assistance through Kabbage. KRLD's David Johnson speaks with the company's co-founder, Kathryn Petralia more about how they support small business owners.

Kathryn Petralia, Co-Founder of Kabbage, discusses simplifying funding for U.S small businesses. Bloomberg News Senior Editor for U.S. Health Care Drew Armstrong talks about how unvaccinated Covid patients are pushing hospital systems past the brink. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Investigations Writer Sheridan Prasso talk about Sheridan's Businessweek story U.S. Hunt for Chinese Spies Prompts Racism, Misconduct Claims. And we Drive to the Close with Nadia Lovell, Senior U.S. Equity Strategist at UBS Global Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

On this morning's WJR Business Beat, Jeff discusses the recently released Small Business Recovery Report conducted by Kabbage, an American Express Company. When asked which milestone would best indicate their business has recovered from the pandemic, the number one response of those surveyed was paying their employees their full wages.Tune in to the Business Beat to learn more about the Small Business Recovery Report's findings.

On this bonus episode of the podcast my guest, Kristy Runzer, CFP, about Paycheck Protection Program (PPP). Join the Braden's Besties Facebook Group to hear Kristy's live Q&A about PPP with Braden on January 22nd. PPP became available as part of the stimulus packages. It's a forgivable loan, meaning you receive the money as a loan but as long as you use it for certain things, it's a loan that gets forgiven. As a small business, PPP is more the route to go than EDIL (the SBA Economic Injury Disaster Loan program). With round two of PPP now available, the first step is to determine if you qualify. Two pieces allow you to quality - 1) If you never got money in Round One you can apply like this is Round One. 2) If you did get money in Round One, the qualifier for Round Two is if you saw a 25% decrease in your revenue in any quarter in 2020 compared to that same quarter in 2019. Ex: If Q2 in 2019 your revenue was $100,000 and in Q2 in 2020 your revenue was $75,000, that qualifies you. 1. If you are a Sole Prop, LLC, 1099 contractor, the qualifications would be to have a profit in your business in 2019. The way you figure out how much you qualify for is you take (2019 profit/12) then multiply it by 2.5. If you are an S-Corp and you have a formal payroll system then you take that payroll and multiple by 2.5. Example: $30,000 profit divided by 12 = 2500 multiplied by 2.5= $6,250 The deadline to apply is March 31st. You can apply directly through the bank where you hold your business bank account or if you don't have a business bank account there are other institutions like Blue Vine and Kabbage. Breaking down the PPP application process, it's personal information, breaking down the numbers for how much you would qualify, included documentation which may include a Schedule C or profit & loss statement or bank statement. 2. Let's say you made $80,000 in revenue in 2019 ($20,000/quarter) but only $40,000 in 2020 ($10,000 per quarter) which would be a 50% decrease, more than the necessary 25%. You will need bank statements to prove your revenue so it's important to be on top of your bookkeeping. Always be totally honest in your application. You need to have less than 300 employees and are required to use a minimum 60% or more for payroll or transferring it from a business account to a personal account if you don't have payroll. Contractors do not count towards payroll, only W2 employees. The 60% rule also applies if this is your first time applying for PPP. If you don't have an S-Corp you will just draw from your business account to your personal account to pay yourself (an owner's draw). Learn more about how to manage your cashflow this way at unfuckyourbiz.com Within 10 months Join the Braden's Besties Facebook Group to hear Kristy's live Q&A about PPP with Braden on January 22nd. Hear more from Kristy on episode 19 of The Unf*ck Your Biz Podcast where she discusses how to get started saving to reach your financial goals. Get in touch with our guest Kristy Runzer, CFP Visit On Route Financial online Follow On Route Financial on Instagram Instagram: https://www.instagram.com/mariabayer1/ Facebook Group: https://www.facebook.com/groups/learncollaborateflourish

On today’s Tank Talk! We welcome our guest Wes Tang-Wymer, Co-Founder & General Partner @ Rucker Park Capital.On today's Talk, we ask Wes about his investor journey starting out in investment banking at Morgan Stanley and his unconventional path towards Wall St. Next, we ask Wes about his transition to the hedge fund world where he landed a role as a long/short equities analyst at Steve Cohen's family office, Point 72 Asset Mgmt, focusing on technology investments. We dig into the extremely fast- paced and high-pressure environment of working at such a notable firm like Point72. Wes explains the lessons he learned about risk management and portfolio construction.Moving on, we dig into Wes’ transition to venture capital as a founding member of the global investment team at Softbank in 2015 where he invested in some of the biggest unicorns of the last decade including Uber, Lemonade, Kabbage, SoFi, DiDi and countless others. We ask Wes about some of the mistakes he’s seen later-stage companies make after raising massive funding rounds that existing early-stage founders should try to avoid.Next get into Wes’ current role as co-founder of Rucker Park Capital w/ his former Softbank colleague Marrisa Campise and the firm's focus on early-stage investments. We ask Wes what he takes from his experience at SoftBank leading mega deals and the characteristics he looks for in founders he backs today.This Tank Talk really makes you appreciate the role luck, randomness and persistence plays in people's lives and how investing in yourself is the first step into taking you to where you eventually want to be in life.Wes’ Book Recommendations:Churchill: Walking with Destiny (Andrew Roberts)Evicted: Poverty and Profit in the American City (Matthew Desmond)The Mastermind: Drugs. Empire. Murder. Betrayal. (Evan Ratliff)Wes’ words of inspiration - “Embrace the role of luck and randomness while maintaining openness towards opportunities”Follow Matt Cohen and Tank Talks here! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

Key Takeaways and Actionable Insights Consider these findings from a 2017 report from the G20 Global Partnership For Financial Inclusion, titled Alternative Data: Transforming SME Finance. Access to financing remains one of the most significant constraints for the survival, growth, and productivity of micro, small and medium enterprises (SME's). Digital SME finance, using alternative data, offers an extraordinary opportunity for addressing…this problem. The world's stock of digital data will double every two years through 2020. Every time SME's and their customers use cloud-based services, conduct banking transactions, make or accept digital payments, browse the internet, use their mobile phones, engage in social media, buy or sell electronically, ship packages, or manage their receivables, payables and record-keeping online, they create digital footprints. This real-time and verified data can be mined to determine both capacity and willingness to pay loans. A rapidly growing crop of technology-focused SME lenders are putting the use of SME digital data, customer needs and advanced analytics at the center of their business models, setting forth new blueprints for disrupting the SME lending status quo. The report refers to 800+ innovative digital SME lenders. Colloquially, we can refer to them as FinTech. Dusty Wunderlich, a subject matter expert and seasoned investor in the FinTech field, discusses this lending landscape. [[{"fid":"89565","view_mode":"image_no_caption","fields":{"format":"image_no_caption","alignment":"center","field_file_image_alt_text[und][0][value]":"Financial Capital Options For Businesses At All Stages","field_file_image_title_text[und][0][value]":false,"field_caption_text[und][0][value]":"","field_image_file_link[und][0][value]":""},"type":"media","field_deltas":{"1":{"format":"image_no_caption","alignment":"center","field_file_image_alt_text[und][0][value]":"Financial Capital Options For Businesses At All Stages","field_file_image_title_text[und][0][value]":false,"field_caption_text[und][0][value]":"","field_image_file_link[und][0][value]":""}},"attributes":{"alt":"Financial Capital Options For Businesses At All Stages","class":"media-element file-image-no-caption media-wysiwyg-align-center","data-delta":"1"}}]] Download the full PDF graphic at Mises.org/E4E_63_PDF. Entrepreneurs need capital in the present to deliver goods and services to consumers and customers in the future. Entrepreneurs take scarce resources and apply them to what they believe the consumer will want at a future date. In order to do that entrepreneurs need capital in the present so they can deliver on those goods and services to the consumer in the future in the hope that their forecasting is correct. That's why entrepreneurs need to understand capital financing and modern day capital markets. Access to capital has historically been difficult and expensive. Today, it's becoming easier and less expensive, aided by the digital data revolution referred to in the report quoted above. It's important for entrepreneurs to be familiar with the new field of FinTech and how to navigate it. Dusty Wunderlich suggests that entrepreneurs map out the financing alternatives on the axes of their own business stage versus the cost of capital. Cost of capital refers not just to interest rates and fees, but to the requirements that lenders can impose on entrepreneurial borrowers. At the very earliest stages, “friends and family” lenders, angel investors and seed stage venture funds will all require equity stakes, and ratchet up those stakes via deferred interest and debt-to-equity conversion requirements. These early investors perceive themselves as taking a high amount of risk, and the start-up entrepreneur typically has little or no collateral or leverage in negotiation. The best negotiation stance is to generate competition among investors with the quality of the customer value proposition and the business plan and revenue model. Fintech financing is now available at the earliest of entrepreneurial growth stages. Today, from the very outset of the business journey, start-ups and small businesses can access a range of financing types – debt, convertible notes, equity and SAFE's (Simple Agreement For Future Equity) - via crowdfunding platforms like nextseed and others like it. Marketing your business to investors on platforms like these taps into your existing skills in marketing and social media, and doesn't require you develop capabilities in pitching your business that you might not have mastered. As you advance along the growth curve, FinTech options expand and may offer you the best-priced capital on the market. As a result of the expansion of FinTech based on alternative digital data sources, the potential for connecting your particular business to a well-matched and well-priced source of capital is greater and more precise than ever. Dusty cited a couple of examples like Kabbage (where, incidentally, entrepreneurs can currently get help with PPP loans). There are several more. Because of the competition in the FinTech market and the quality of the information they utilize, capital from these lenders is well-priced – probably approaching Mises' originary rate of interest, Dusty observes, in a testimony to Austrian free market principles. It is when your business represents the least risk to lenders that big banks offer their high-requirements business loans. At a later stage of your business journey, banks will lend money against collateral and will impose additional onerous requirements and loan covenants. The entrepreneurial embrace of uncertainty is not for them! Bank financing is at the top when it comes to cost of capital and is to be approached cautiously. It is with bank financing that entrepreneurs become entangled with the negative effects of Federal Reserve repression of interest rates, that can mislead them into making incorrect investment decisions. The cost of bank financing for mature companies revolves more around terms and covenants than interest rate percentage points. Banks are transactional, whereas entrepreneurs are operationally minded. This can cause a lot of friction if covenants, terms and triggers are not properly set. Entrepreneurs must pay attention to every detail in the loan contract. Great businesses can be ruined because of draconian covenants and triggers banks put into their loan contracts. Indicated action: Entrepreneurs will be well-rewarded for fully investigating and understanding the emerging world of FinTech and digital SME finance. Be sure to calculate the full cost of capital – not just interest rates – and weigh all options. Additional Resource "Financial Capital Options For Businesses At All Stages" (PDF): Mises.org/E4E_63_PDF

A recession does not have to be a time to let your business struggle. In fact, your business can survive and thrive! Go to creditsuite.com/getfunding to see what you qualify for and set up a time to speak with a dedicated financial officer. During this show, you will discover … • The top online lenders, what they offer, and where to find them online • How a sour economy can make it hard to find traditional funding… • … but online lenders can come to your financing rescue • Why online lenders are stellar choices for convenience, decision and funding speed • How they are good for industries which cannot get funding elsewhere • How they can best serve business owners with less than ideal personal credit • How to get fast funding with Kabbage and BlueVine • How Credibly and OnDeck can be a great choice for entrepreneurs with low FICO scores • How Lending Express can come to the rescue if you have a short time in business • How StreetShares and LoanBuilder can help you out if you have low annual revenues • How Lendio and SmartBiz can get you the most cash • Why For a Financial is the best choice if you can pay early • Why Lending Tree matters if you need multiple financing options • How Fundbox can't be beat for convenience • Why Lending Club works for peer to peer financing • How you can get working capital financing from Fundation

Donald Trump Jr. is traveling all over the country working to get his father re-elected. Jon Miller caught up with him at D.C.'s Trump Hotel to talk about freedom of speech, fighting back against the impeachment inquiry, raising five kids while being one of the most targeted men on Earth, and what he thinks about Nikki Haley's new book.   Today's Sponsors: Stamps.com is one of the most popular time-saving tools for small businesses. Eliminate trips to the post office AND save money. Just go to https://stamps.com to get a special offer that includes a 4-week trial PLUS free postage and a digital scale without any long-term commitment. Go to https://stamps.com, click on the microphone at the top of the homepage and type in WHB Kabbage has an A+ rating with the Better Business Bureau and has provided over 200,000 small businesses with access to funding. Get the money you need to run your small business today. Go to https://Kabbage.com and use promo code WHB to get a $100 credit on your first loan settlement. Learn more about your ad choices. Visit megaphone.fm/adchoices

LeBron James is a bad person who has chosen money over doing what is right. Rather than either keeping his mouth shut or speaking out against a brutal dictatorship, James chose to stand with the Chinese. He is despicable. Then, the viral tweet claiming Chick-fil-A funds a group that sent ministers to Uganda to help write a bill to legalize killing gay people is fake news. Miller brings the facts.   Today's Sponsor: Kabbage has an A+ rating with the Better Business Bureau and has provided over 200,000 small businesses with access to funding. Get the money you need to run your small business today. Go to https://Kabbage.com tand use promo code WHB to get a $100 credit on your first loan settlement. Connect with Miller on Social Media: https://twitter.com/MillerStream https://instagram.com/officialjonmiller https://www.facebook.com/whitehousebrief https://www.facebook.com/MillerStream/   > Sign up for my free daily email to find out what's really going on in the White House: https://blazetv.com/WHB  About the White House Brief on BlazeTV: Find out what the mainstream media ISN'T telling you about the Trump administration. BlazeTV White House correspondent Jon Miller braves The Washington Hit Squad to cut through the fake news.   About Jon Miller: Jon Miller is the host of "The White House Brief” on BlazeTV. He previously worked for Fox News, TheBlaze, and Mercury Radio Arts. In his time in media, Jon has actively fought against leftist bias and attacks against black conservatives like himself. Raised in a non-political household that valued a strong work ethic and individual responsibility, Miller was first introduced to conservatism by reading Whittaker Chambers, Friedrich Hayek, Russell Kirk, William F. Buckley Jr., Barry Goldwater, and Edmund Burke. While attending Columbia University, he joined the College Republicans, but found them to be “too liberal” and then worked as an assistant for Glenn Beck at Fox News. Learn more about your ad choices. Visit megaphone.fm/adchoices

Take the Guesswork out of Funding: Research-Backed Online Lender Comparison Livestream Come join us on our live training event to discover how to Take the Guesswork out of Funding: Research-Backed Online Lender Comparison.   During this livestream, you'll discover …   The top online lenders, what they offer, and where to find them online Why online lenders are stellar choices for convenience, decision and funding speed How they are good for industries which can't get funding elsewhere How they can best serve business owners with less than ideal personal credit How to get fast funding with Kabbage and BlueVine How Credibly and OnDeck can be a great choice for entrepreneurs with low FICO scores How Lending Express can come to the rescue if you have a short time in business How StreetShares and LoanBuilder can help you out if you have low annual revenues How Lendio and SmartBiz can get you the most cash Why For a Financial is the best choice if you can pay early Why Lending Tree matters if you need multiple financing options How Fundbox can't be beat for convenience Why Lending Club works for peer to peer financing How you can get working capital financing from Fundation WOW, that's a lot of great info we'll be covering in this one hour live event. ALL will be revealed on this livestream, register now… spots are limited!  

There is no new, credible information out about Brett Kavanaugh that should disqualify him from the Supreme Court. This is a political tactic designed by the New York Times to sell books. It's being seized by leftist political operatives to unfairly call for impeaching the justice. Then, Planned Parenthood's former president, Leana Wen, spilled the beans. The organization holds an “abortion-first” philosophy. There is no more room to pretend it's about health care. Congress needs to step up and stop Medicare funds from flowing to the abortion mill.   Today's Sponsor: Kabbage has an A+ rating with the Better Business Bureau and has provided over 200,000 small businesses with access to funding. Get the money you need to run your small business today. Go to https://Kabbage.com to get started Connect with Miller on Social Media: https://twitter.com/MillerStream https://instagram.com/officialjonmiller https://www.facebook.com/whitehousebrief https://www.facebook.com/MillerStream/ > Sign up for my free daily email to find out what's really going on in the White House: https://blazetv.com/WHB About the White House Brief on BlazeTV: Find out what the mainstream media ISN'T telling you about the Trump administration. BlazeTV White House correspondent Jon Miller braves The Washington Hit Squad to cut through the fake news.   About Jon Miller: Jon Miller is the host of "The White House Brief” on BlazeTV. He previously worked for Fox News, TheBlaze, and Mercury Radio Arts. In his time in media, Jon has actively fought against leftist bias and attacks against black conservatives like himself. Raised in a non-political household that valued a strong work ethic and individual responsibility, Miller was first introduced to conservatism by reading Whittaker Chambers, Friedrich Hayek, Russell Kirk, William F. Buckley Jr., Barry Goldwater, and Edmund Burke. While attending Columbia University, he joined the College Republicans, but found them to be “too liberal” and then worked as an assistant for Glenn Beck at Fox News. Learn more about your ad choices. Visit megaphone.fm/adchoices

During this show, you will discover … •The top online lenders, what they offer, and where to find them online •Why online lenders are stellar choices for convenience, decision and funding speed •How they are good for industries which can't get funding elsewhere •How they can best serve business owners with less than ideal personal credit •How to get fast funding with Kabbage and BlueVine •How Credibly and OnDeck can be a great choice for entrepreneurs with low FICO scores •How Lending Express can come to the rescue if you have a short time in business •How StreetShares and LoanBuilder can help you out if you have low annual revenues •How Lendio and SmartBiz can get you the most cash •Why For a Financial is the best choice if you can pay early •Why Lending Tree matters if you need multiple financing options •How Fundbox can't be beat for convenience •Why Lending Club works for peer to peer financing •How you can get working capital financing from Fundation And much more...    

Hailing from Nelson County, VA Loren Mendosa got his start at the Mark Addy inn, working under the mentorship of Gail Page-Hopps (405). His next transformative role was Mas Tapas. In 2013 at Tavola Restaurant, he met future business partners, Mitchell Beerens, Ian Redshaw, and Andrew Cole, Shelly Robb  and the vision for their own restaurant came into focus. In 2014 LAMPO Pizza opened. 3 years later they in the final stages of opening their second location, Prime 109. Show notes… Favorite Success Quote or Mantra. "It's all about community." In this episode, we discuss: Loren grew up in an intentional community, he grew up in an off grid house- which greatly influenced his life. He attributes his life and success to this upbringing His ability to resolve conflict and negotiate, as well as make sure everyone is truly heard in an environment. Mendosa met his first mentor chef, Peter at Marquette Restaurant at the ripe age of 15. Peter saw something in him, that he was interested in more in the restaurant industry. Loren was able to learn knife skills, sauces and most importantly inventory tracking and planning. Cross pollination: when you can efficiently use all ingredients across the board that is well thought out and well planned. Mendosa's experience with Gail. Gail really drove home the fact that your relationship with local farmers is THE most important. Gail introduced Loren to many local chefs in Charlottesville, including Tomas from Mas Tapas. Loren's experience at Mas Tapas- open kitchen, being intrigued by that experience of culture, life and environment. Mendosa's experience at Mas Tapas & Tabla Got right to work, regardless of having his trainer not show up for his first day. Level of intimacy that goes into creating Tomas' menu items. Worked there for 4 years. Left Mas Tapas to partner with someone to open up a new restaurant, which he ended up discontinuing after realizing it wasn't a good fit. The delicate balance of having fun with coworkers outside of work and maintaining professionalism.  The development of a new team of partners- met those partners at Tabla where he had full support and enthusiasm from owners when they decided to go out on their own and start up their own joint.  Andrew Kole Mitchell Beeran Ian Redshaw  Shelly Robb The building of Lampo Pizza & Prime 109 The formation of the team Researching locations, other pizza locations that were needed in Charlottesville.  The timeline from concept to opening. Recognizing the need for a new location with Prime 109, being able to progress in their fields as chefs and business partners. Always have an operating agreement to be able to handle conflict resolutions, difficult situations and tricky situations so it's smooth sailing.     Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Being pretty good on the fly with strategy, and being adaptable. Building teams. What is your biggest weakness? Trying to do it all alone. What's one question you ask or thing you look for during an interview? Passion and authenticity.  What's a current challenge? How are you dealing with it? Staying focused and staying positive and energetic. Share one code of conduct or behavior you teach your team. Respect each other. Listen and respect. What is one uncommon standard of service you teach your staff? Be an open source. Everyone has a voice, and deserves to be listened to.  What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Lao-tzu's Taoteching Share an online resource or tool. Reddit What's one piece of technology you've adopted in your restaurant and how has it influence operations? Scales- converting everything to weights. Converting every recipe to weights. Ipads-google docs. If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Sense of community. Look back on what we were able to create in your community. Honesty and integrity. Sense of humility.  Contact Info www.lampopizza.com lampo@lampopizza.com Social Media: @prime109cville @lampo_pizza Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Loren for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

Graduate of University of Virginia, and rumored dance student at School of American Bala, Chef Tomas Rahal served as executive chef for a number of restaurants before opening his name sake Mos Tapas in Downtown belmont, VA, in 2002. Mos Tapas continues to surge ahead strongly, however Chef Rahal has stepped away to focus on his new project, Quality Pies slated to open Monday, July 2. So in just 3 days!   Show notes… Favorite Success Quote or Mantra. "Tell me I can't do something." In this episode we discuss: How Tomas was always underestimated growing up, and it lit a fire in his belly to prove himself and show that, yes he can. How Tomas' mentors really showed him how to respect the preparation of food, and that the execution is so important to not just the restaurant, but all the people involved in prepping the food. Being prepared to execute things in a wonderful way Getting excited about the materials! Being excited about that perfect tomato, the meat that comes in, and the effort and planning that goes into a meal is something to be excited about. Appreciation for the craft and the level of attention to the food. How to encourage and train staff on a regular basis on what exactly goes into making the things that are served to guests. Tomas's upbringing and how it influenced his start into the industry after his career in ballet dance and the arts. His mom sending him "Best Chef of French Cuisine" articles for knowledge Having a partner who cooked and family's cooked well, from different backgrounds Became drawn to NY restaurant scene as a dancer Tomas's college experience: Be confident with your knowledge, and then become confident in your skills. Continue learning, never stop finding out more ways of doing things. Tomas's experience in Portland, ME for Bill- who took Italian background with Chicago lifestyle and made with Northeastern ingredients to create menu. Learned a lot of business tricks from Bill. Being savvy about the humanity of his chefs and relations with customers. Reciprocity. Reminding employees that they were in the hospitality industry, and they had to show kindness. Learning from Chef Rafael Costa in taught him so much about how to work best with materials from seafood from Gloucester and other vendors because of their no nonsense approach to harvest and sustainability. "Let the ingredients speak for themselves. All you need to do is just reveal what's inside of the marble." The importance of staying on top of educating and training staff in materials and the process of dishes put out to guests- getting them excited about the food by tasting the food and talking about it. Knowing and testing the staff on the appreciation of the execution. Keeping his staff educated on the sacrifice that farmers make to get restaurants their materials. Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Behave like an Afghan WARLORD What is your biggest weakness? Fast women, 24 carat gold and 96 proof liquor What's one question you ask or thing you look for during an interview? Absolute devotion. Actions speak louder than words. Quiet, confident and competency. What's a current challenge? How are you dealing with it? Bringing what was a 55 year legacy of making doughnuts and peeling back the ingredients. Share one code of conduct or behavior you teach your team. Cooperation. What is one uncommon standard of service you teach your staff? There is no other way but the right way. There are no short cuts. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM The Prophet Share an online resource or tool. Podcasts Amicus with Dahlia Lithwick Stay Tuned with Preet This American Life TANIS Rabbits The Moth What's one piece of technology you've adopted in your restaurant and how has it influence operations? A diving arm mixer and sheeter! Square POS If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Eat as many sandwiches as you can...never turn down a sandwich. Hot dogs are the universal sign of happiness. Be kind to everybody. Contact Info www.qualitypieva.com Facebook: @309avon Instagram: @qualitypieva   Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Tomas for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

Washington, DC native, Chef Haidar Karoum's passion for food developed at a young age while traveling Europe with his mother and father. This passion eventually lead him to study at the Culinary Institute of America. After graduation he found his way back to Washington, where he worked under some incredible mentors including Gerard Pangaud and Nora Pouillon. With experience under his belt Karoum partnered with others to open, Proof, Estadio Doi Moi in Washington D.C. As of January 2018, Karoum broke off on his own to tackle is first ever solo project Chloe, located in Washington DC's Navel Yard neighborhood.   Show notes… Favorite Success Quote or Mantra. "He who is not courageous enough to take a risk is one who not go far."   In this episode, we discuss: Haidar's early travel experiences in inland Europe, and the influence it had on his mindset about taking risks and "go for it" attitude. Experiencing the smells and visual senses in London and all over Europe and how that instilled his love of food. Being in the 7th grade and racing home to watch Discovery Channel's "Great Chefs of the Wild" and being completely consumed by the show and this being when he KNEW it was what he wanted to do. While working in early jobs, starting in the 9th grade, picking up habits of his bosses and mentors. The importance of starting out in excellent jobs to develop great habits that will follow you through your career, as opposed to shitty habits that follow you through your career. Starting out strong at Gerard's Place, with mentor Gerard Pango, who taught him how to create an environment where people respect you, an environment which is disciplined and where the chef is sharing his knowledge with his team. How Gerard shared his love of simplicity, and letting ingredients really shine in his recipes, and how that shaped Haidar's culinary cuisine. How the level of commitment when you share your knowledge with your team will create huge amount of loyalty amongst your team. Haidar's experience at Nora Poullion's restaurant Restaurant Nora inspired him to develop strong relationships with farmer's. Nora's love and dedication to organize and seasonal produce was a huge influence on how Haidar cooks today. How one of the biggest pieces of pride for Chef Haidar is crafting and molding chefs into who they are in the industry Pushing them to not limit themselves Inspiring them to go after their dreams is a reflection on his own career and what he can share. The transition from sous chef to leadership at Restaurant Nora, and how it took a culmination of natural leadership skills and operational standpoints to create success in his transition. Gut feelings. Always trust your gut. Utilizing multiple experiences from your life and from your business experience is essentially what we do every single day as business owners. Having realistic expectations of what to do as far as running your business can make or break you. i.e.: track labor costs!   Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Being a good coach and treating people with respect. What is your biggest weakness? Having a FOH presence- learning to practice touching the tables and being with guests. What's one question you ask or thing you look for during an interview? Chef Karoum looks for balance between men and women on his team. What's a current challenge? How are you dealing with it? Not becoming complacent and growing every day. Identify what you want to work on and develop a plan. Share one code of conduct or behavior you teach your team. Being conscience of what you're doing and how you're affecting the world around you. What is one uncommon standard of service you teach your staff? If you're in an open kitchen be mindful that you're on display. Don't turn your back to the guest, if possible. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  What's one piece of technology you've adopted in your restaurant and how has it influence operations? Smartphone If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Don't be afraid to give it a shot. Karma can be a real bitch. Treat people the way you'd want to be treated. Whatever you're serving, whether it's food or drink- only put out things that you're proud of. Contact Info information@restaurantchloe.com Social media: @HKaroun @restaurantchloe Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Haidar Karoum for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

With a degree in hospitality management from Swinburne Michael Bascetta spent 3.5 years working under the guidance of Ben Shewry at Attica Restaurant, named among The Worlds 50 Best Restaurants. In 2016,  together with friends in the industry, Bascetta launch Grow Assembly; a series of food and wine talks from some of the most forward-thinking minds in the industry. Currently, Bascetta is the Venue Manager and Co-Owner behind Bar Liberty in Fitzroy, named Best Bar and Best Wine Bar by Time Out in 2018. Additionally, Bascetta is the co-founder  & CEO of Worksmith, a co-working space for the food and beverage industry. Show notes… Favorite Success Quote or Mantra. "Work harder than you think you did yesterday."   In this episode, we discuss: Michael's beginning in the restaurant industry: his time in hospitality management school how he listened to what the universe was saying 2010 Nam  2011 Attica Ben Shewry manager front of house work a couple of nights for free. stage Left beverage managers Kasey Monico rockwell and sons 2015 Liberty Bar Assistent GM- Howd you know you were ready 2016 Grow Assembly 2017 Worksmith Michael acknowledges the value that mentorship, collaboration and learning from the people around him, has had in propelling his career forward.What does that look like. community hospitality mental health 2018 new restaurant Capitano Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Hard work What is your biggest weakness? Being stubborn What's one question you ask or thing you look for during an interview? If people ask you more questions than you ask them. What's a current challenge? How are you dealing with it? Building more capital Share one code of conduct or behavior you teach your team. Don't be fake, be genuine. What is one uncommon standard of service you teach your staff? How to touch the table: how to interrupt the table without speaking. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Setting the Table Start with Why Share an online resource or tool. Slack What's one piece of technology you've adopted in your restaurant and how has it influence operations? Square If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Do something that you love that doesn't feel like work. Take care of your tribe. Find the right balance between what makes money and what you believe in. Contact Info michael@worksmith.io worksmith@io.com @bar.liberty @worksmithio Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Michael for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

Hailing from Thornbury, Ontario Chef Shaun Edmonstone earned his red seal graduate from George Brown School of Hospitality & Culinary Arts in 2005. Edmonstone spent the majority of his come up at Toronto's Pangea restaurant as well as the Windsor Arms Hotel. Today, Edmonstone has found his way back to Thornbury, and serves as Executive Chef/Owner at Bruce Wine Bar and Kitchen as well as Crow Bar and variety in Callingwood, Ontario. Show notes… Favorite Success Quote or Mantra. Learning how to work together with the community is key In this episode, we discuss: Shaun's start in the hospitality industry after high school The importance of getting real life experience before investing in college Taking jobs based on what you are going to learn, and not necessarily make money How taking some time away can make a comeback in the industry stronger Physical and mental burnout and recovering from that stress in a high stress, large corporation Shaun's time in the butchering industry, strengthening his support for local farmers and butchers Adding music into your venue to offer more to community Maintaining the value of your restaurant and growth Supporting local community and impacting the lives of people who support your restaurant Lifelong learning from mistakes, and allowing them to work FOR you, not against you   Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? fresh local and foraged What is your biggest weakness? Not saying no What's one question you ask or thing you look for during an interview? What's your favorite thing to eat at home? What's your comfort food? What's a current challenge? How are you dealing with it? Staffing. We are trying to create an environment in which people want to come in and learn and develop; getting into the community more. Share one code of conduct or behavior you teach your team. Going into a restaurant and realizing that we are all still cooks. We are all still learning new techniques and ideas all the time. It's a constant place of learning. What is one uncommon standard of service you teach your staff? Give everything as much respect as you can. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Kitchen Confidential What's one piece of technology you've adopted in your restaurant and how has it influence operations? Keeping communication between your staff using your phone. We all have a little computer in our hands. Voice memos while cooking, using recipes. Documenting your information to share. If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Be honest with yourself. Tread lightly on your impact. There is no point in being harsh- everyone has a fight nobody sees. If you're going to do something, be passionate about it. Contact Info www.brucewinebar.ca/ Facebook: @brucewinebar Instagram: @brucewinebar & @crowbarandvariety   Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Shaun for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

Hailing from Rotterdam, Holland, Chef Mitchell Beerens got his start as a dishwasher in Charlottesville, VA. After spending some time in the corporate swamp, Beerens conned his way into Oxo, which was arguably the best restaurant in Charlottesville, at the time. Beerens further developed his chef skills at Moss Tapas and then continued on to refine his business skills at the Virginian Restaurant Company where he opened 4 restaurants. In 2014 he partnered with Loren Mandosa, Ian Redshaw, Andrew Cole, and Shelly Robb to open LAMPO Pizza. 3 years later they opened their second location, Prime 109.   Show notes… In this episode with Mitchell Beerens, we discuss:  Doing whatever it takes to get on the teams of the best Restaurateurs and Chefs.  How the quality of the food you makes is all based off the quality of ingredients you use.  Being more then just a boss; be a teacher and mentor.  Taking the surplus and paying it forward to your guest.  Going beyond nourishing the body to nourishing the soul. Not losing all hope when your first restaurant isn't exactly how you pictured it would turn out.  Not mistaking small failures for total failures.  Knowing you're only as good as your employees.  Tracking your costs of good sold.  Having an "anything is possible" attitude.  The power of being friends with your business partners.  Identifying "lanes" with your partners.  Conflict mediation in your partnership agreement.  If you want to be happy, don't chase money; chase autonomy.  Telling people what you want and putting your intentions out into the universe.  Resources Mentioned 480: Creating an ecosystem that thrives with Ian Redshaw Today's Sponsor Sourcery allows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Passion. What is your biggest weakness? Being able to read when people aren't totally happy.  What's one question you ask or thing you look for during an interview? Are they willing to do anything?  What's a current challenge? How are you dealing with it? Improving communication.  Share one code of conduct or behavior you teach your team. Be nice. What is one uncommon standard of service you teach your staff? Be nice.  What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Setting the Table: The Transforming Power of Hospitality in Business  Share an online resource or tool. Youtube- Pay attention to what ingredients and brands your favorite youtube channel chefs are using.   What's one piece of technology you've adopted in your restaurant and how has it influence operations? ChefTech Focus POS  If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Be nice. Surround yourself with quality people. If you didn't like me, I don't give a fuck.  Contact Info @mceatsalot81 @lampo_pizza @prime109 Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Mitchell Beerens for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

Hailing form Baltimore, MD, Martha Lucius got her start in Washington, DC as a server after graduating college. 9 year later she opened a bakery and cafe. That bakery went strong for 18 years, before Lucius decided to create her own business, www.marthalucious.com, where she mentors restaurant owners through online programs, strategy calls, and on site consulting.   Show notes… Favorite Success Quote or Mantra: "Some people dream it. Other people do it."   In this episode, we discuss: How being a server helps you be a better person. Building a community in your establishments and infusing that into your company culture. 2013 become a consulting, her path to creating that vision come to life. Working under her mentor helped her understand the breath of her job now. Making sure she was present and setting up for when she wasn't there. How slow to speed up, is successful.   Today's Sponsor Sourcery allows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Slow down to speed up. What is your biggest weakness? Getting too excited about what is happening. Staying focused first. What's one question you ask or thing you look for during an interview? I really get into what was your favorite job, why did you like it, and who was your boss? What's a current challenge? How are you dealing with it? Hiring & Staffing. Share one code of conduct or behavior you teach your team. Be intellectually curious. And also, having a code of etiquette and also What is one uncommon standard of service you teach your staff? Being polite and very positive was something that wasn't very common, but it's essential. You need to be tuned in and turned on to positive. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  The Power of Habit Setting the Table What's one piece of technology you've adopted in your restaurant and how has it influence operations? Shopkeep Homebase Quickbooks If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Get rid of chaos Reset Slow down to speed up Contact Info martha@marthalucious.com (410) 963-6441 Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Martha for joining me for another awesome episode. Until next time!    

1972, after graduatig High School Kevin Malone attend Bar tending school and has been working in the inudstry ever since. He went to get experience working with High calaber chef in the french fine dining setting. With with experience Malone opened Tuscarora Mill Restaurant in 1985. 33 years later Malone serves as the president of Tuskies Restaurant Group, which consist of Tuscarora Mill, Magnolia's at the Mill, South Street Under, Birkby House, and two Fire Works Pizza locations.   Show notes… Favorite Success Quote or Mantra. Make people happy.   In this episode, we discuss: How it all began for Kevin, and how he fell in love with the industry from an early age. The mentoring that Kevin got from Jim Woodsworth. Longevity of staff 2 for 30 years and another handful for 20 years. What Kevin's wife has taught him over the years. How to give employees what they need. How to push failures back, to focus on being optimistic. Creating a culture where guests feel truly taken care of. Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Being open to the staff. The key to our industry is keeping our staff happy. What is your biggest weakness? Not being organized. Thank goodness for my office manager! What's one question you ask or thing you look for during an interview? Describe a good experience that you had in the restaurant, and describe a bad one. I look at the way they reacted to the situation. What's a current challenge? How are you dealing with it? Holding onto our key staff, and being in a very competitive market. Being proactive to acknowledge them! Share one code of conduct or behavior you teach your team. Behave like ladies and gentlemen. You are on your own stage. What is one uncommon standard of service you teach your staff? We will prepare anything for anyone, we bring change out to the parking meters for customers. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Theory and Practice of Good Cooking Setting the Table Share an online resource or tool. Our POS System, we review what sells, what doesn't sell If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Trust your gut Be kind to the people around you Stay optimistic and upbeat Contact Info www.tuskies.com Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Kevin Malone for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

In this episode with Andrew Dana, we discuss: The difference between success and failure Food versus vibe, and the overall experience for guests Andrew and Chris's beginning from Farmer's Markets to one of the top 50 restaurants in the country The benefit of starting small Branding being an extension of who you are There are no off days, you have to bring the heat every day-bring the energy! How bringing in a professional changed the trajectory of their business The power of nice Building a company culture In May 2014 Andrew Dana and Chris Brady left their kush tech jobs and started serving up their Neopolitan-ish wood-fired pies at local farmers markets. In late 2015 the boys teamed up Chef Dani Moreira and made her their Executive Chef. In June 2016, the Timber team opened its first brick-and-mortar location in Petworth, DC. They've since been recognized by Washington Post as having the best pizza in DC and by Bon Apetit as being the best pizza in the nation as well one of 50 best new restaurant in the nation. Show notes… Favorite Success Quote or Mantra. Try hard, be nice, and give an eff.    Today's Sponsor Sourceryallows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success?   Showing up, never cutting corners. What is your biggest weakness? I have trouble letting go.  What's one question you ask or thing you look for during an interview? We want to have fun here, and I look to see if they fit into that culture. One wrong puzzle piece can rock the whole boat, so it's really important.  What's a current challenge? How are you dealing with it? Tomorrow is always a day away, you have to bring the heat tomorrow.  Share one code of conduct or behavior you teach your team. BE NICE. If the answer CAN be yes, the answer is yes.  What is one uncommon standard of service you teach your staff? We encourage a casual kind of service, we want it to be warm and friendly but casual. We want you to feel like you're at a neighborhood gathering.  What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Radical Candor Share an online resource or tool. How I Built This Podcast Blog Prince of Petworth Blog What's one piece of technology you've adopted in your restaurant and how has it influence operations? Google Suite Caviar Wanderlist If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Do what you want starting NOW! Give a fuck Have fun Contact Info Instagram: @timberpizzaco E-Mail: andrew@timberpizza.com   Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Andrew for joining me for another awesome episode. Until next time!  

Show Notes: In this episode, we continue to discuss: Growth comes from weakness and unconformability. Take time to look at what makes you uncomfortable and work on THAT. How to focus on your team, and how it will serve you well. Stephan's move back to North Fork after the death of his beloved mentor. How important personal care and self care is vital to running a successful career and life. Getting past ego and checking it at the door in order to grow. How can I serve other people? Hailing from Long Island, Chef Stephan Bogardus is a Graduate of the Culinary Institute of America. After graduating he joined The North Fork Table and Inn team as Sous Chef. Over the next 5 years he worked for two additional operations, including restaurant daniell but eventually made his way back to The North Fork Table and Inn to serve as Executive Chef, where he's remains at the helm to this day, almost 3 years after his return.     Today's Sponsor Sourcery allows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Meditation What is your biggest weakness? I frequently reprioritize, and I need to trust my instincts. What's one question you ask or thing you look for during an interview? I like to ask themselves questions about their interests outside of work. I care more about their morals than their skills, and the person. What's a current challenge? How are you dealing with it? Staffing. We have done everything from having presence at local fairs, to constantly full core press about hiring. Share one code of conduct or behavior you teach your team. Take a quick sprint mid shift- it connects you to your center. A short but intense physical exertion will help you perform better. What is one uncommon standard of service you teach your staff? It's all about the solution and not the problem.  What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM  Setting the Table Gastrophysics: The New Science of Eating The Book of Joy Share an online resource or tool. Restaurant Unstoppable Podcast! Woop! And Instagram- looking at people's pictures and seeing what others are doing is really beneficial. What's one piece of technology you've adopted in your restaurant and how has it influence operations? Social Media Marketing. AMAZING. If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be?   Try to be your best self. Remember it's a gift, that's why it's called the present. Shoot for the stars, but settle on the moon.  Contact Info www.northforktableandinn.com Stephan.bogardus@gmail.com @stephanbogardus Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Stephan for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

  In this episode with Tripleseat's Jonathan Morse, we discuss: The story behind Tripleseat. The pitfalls that come with the old way of managing events. The benefits of using software to manage events. The data you're losing not leveraging event management software. The time you save with event management software.  How Tripleseat helps you increase booking and sales. How Tripleseat improves communication. How using Tripleseat helps create standard operating procedures. Graduate of Hartwick College, Jonathan Morse has a work history of customer support and sales in technology communication and business intelligence solutions. Today, Morse serves as Founder of Tripleseat Software LLC the leading web based Sales and Event Management application for restaurants, hotels, and unique venues. Show notes… Favorite Success Quote or Mantra. Just do it. Today's Sponsor Sourcery allows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started!   Contact Info Tripleseat.com Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Jonathan Morse for joining me for another awesome episode. Until next time! Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!

For the 800th episode of WTF, Marc welcomes back the show's very first guest, Jeff Ross. Just as WTF evolved since that first episode in 2009, Jeff evolved from the Roastmaster General to a comedian using his talent as a put-down artist in order to help us all better understand each other. He also talks about the unique relationships he built along the way with people like Buddy Hackett, Billy Crystal, Sid Caesar, Mel Brooks and, yes, Donald Trump. This episode is sponsored by Louis CK 2017 on Netflix, 2 Dope Queens on Spotify, and Kabbage. See acast.com/privacy for privacy and opt-out information. Sign up here for WTF+ to get the full show archives and weekly bonus material! https://plus.acast.com/s/wtf-with-marc-maron-podcast.