Feb 12, 2018 • 20M

This Entrepreneur Went From ‘Wall Street’ To ‘Main Street’ To Make A Real Difference - #602

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Devin Thorpe
Some of the world's great changemakers join host Devin Thorpe to share leadership lessons you can use to increase your impact.
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Never miss another interview! Join Devin here: http://bit.ly/joindevin. When Ken Martin left “Wall Street” to make a dent on “Main Street” he really wanted to make a difference. With so much of the economy still operating in small businesses in the old economy, he saw a need--and when an entrepreneur sees a need he sees an opportunity--small business lending for established companies. Regulation CF, the new crowdfunding investment rules issued by the SEC effective in 2016, create a new opportunity for ordinary investors to put their money to work in the businesses they frequent. For these businesses, a debt approach makes more sense than equity. As Martin says, “What good are seven shares of the local hardware store?” More to the point, the hardware store can afford to pay back a loan with interest. That’s a deal that is relatively easy for investors to grasp as well. Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.