loader from loading.io

424: How Dragons' Den Star Michele Romanow is Removing Funding Barriers

The Foundr Podcast with Nathan Chan

Release Date: 09/01/2022

433: Momentum Creates Momentum with Magnus Grimeland of Antler show art 433: Momentum Creates Momentum with Magnus Grimeland of Antler

The Foundr Podcast with Nathan Chan

After graduating from Harvard Business School alongside future tech giants like Mark Zuckerberg, Magnus Grimeland traveled the world as a consultant for McKinsey. After exploring Southeast Asia, he decided to lay down roots and leverage the region's enormous business potential. From 2013-2017, Grimeland built ZALORA into Southeast Asia's largest fashion ecommerce business. Now, he's supporting fellow founders through his latest business, Antler, a global early-stage venture capital firm that invests in the defining technology companies of tomorrow. In the last 2 years, Antler made 190...

info_outline
431: Breaking Down Barriers Led to Billions with Alex Bouaziz of Deel show art 431: Breaking Down Barriers Led to Billions with Alex Bouaziz of Deel

The Foundr Podcast with Nathan Chan

Some might say Alex Bouaziz, cofounder and CEO of Deel, was simply in the right place at the right time. Deel, an international payroll, compliance, and HR solution, launched in 2019 and, by May 2020, raised $14M in funding. Currently, they have 8000 customers worldwide, including Dropbox, Airtable, and Shopify. But good timing will only get you so far. To launch and grow a company as successful as Deel takes leadership with a clear mission and a solid infrastructure. The idea was simple: Create a company that matched employers and talented workers from anywhere in the world and give them the...

info_outline
432: How “Recovering Accountant” Guy Pearson Built the Shopify for Services show art 432: How “Recovering Accountant” Guy Pearson Built the Shopify for Services

The Foundr Podcast with Nathan Chan

At 24, Guy Pearson turned down a partnership to start an accounting firm. His early clients were digital companies, and Pearson was jealous that there wasn’t an online commerce system for his industry. So in 2013, he launched a new company called Ignition to simplify and speed up the transaction process for professionals like him. To date, Ignition helped facilitate more than 1M client engagements and over $2B in client payments. Ignition has offices in Australia, Canada, New Zealand, Philippines, South Africa, US, and the UK, with over 170 employees globally.   Listen to Nathan and Guy...

info_outline
430: Not All Leads Are Created Equal with B2B Sales Maverick AJ Cassata show art 430: Not All Leads Are Created Equal with B2B Sales Maverick AJ Cassata

The Foundr Podcast with Nathan Chan

Does the word “sales” make you squeamish or intimidated? If so, then this episode is for you. AJ Cassata is a maverick B2B sales consultant who helps entrepreneurs grow their businesses fast with his straightforward, systematic, and scalable approach to sales growth. His company, Revenue Boost, helps clients create a system for lead generation instead of just winging it.    Listen to Nathan and AJ discuss:  Starting in door-to-door sales as a teenager  Persevering through failure in his first business  Starting Revenue Boost to focus on lead generation  Why...

info_outline
429: Why the Impossible Is Fun with Brian Scudamore of O2E Brands show art 429: Why the Impossible Is Fun with Brian Scudamore of O2E Brands

The Foundr Podcast with Nathan Chan

33 years ago, Brian Scudamore was sitting in a McDonald’s drive-thru when he saw his future–a beat-up pickup truck filled with junk. Scudamore started a junk-hauling business to pay for college, but what was supposed to fund his education ended up inspiring him to drop out. Today, Scudamore’s transformed his junk hauling side hustle, 1-800-GOT-JUNK?, into a North American franchise business worth $600M. People told Scudamore that it was impossible to franchise his business, but he’s proven them wrong by expanding his model into other brands like WOW 1 DAY PAINTING and Shack Shine....

info_outline
428: Why Your Business Assumptions Are Wrong with Tim Fung of Airtasker  show art 428: Why Your Business Assumptions Are Wrong with Tim Fung of Airtasker

The Foundr Podcast with Nathan Chan

Airtasker is Australia's #1 marketplace for local services. Over the past decade, they've acquired more than 4.3M registered users, built a worth of $255M, created a $1.7B value of job opportunities, and went public. But founder Tim Fung still feels the pains from the first 3 years, when everything he assumed about the business was wrong. He's learned that through the victories and failures of scaling a startup, remaining focused on providing value over profit is what lasts.    Listen to Nathan and Tim discuss:  The importance of going all-in on a startup Starting a business...

info_outline
427: How to Pick a Winning Product with The Oodie Founder Davie Fogarty show art 427: How to Pick a Winning Product with The Oodie Founder Davie Fogarty

The Foundr Podcast with Nathan Chan

Davie Fogarty created Australia's fastest-growing ecommerce brand, The Oodie, which sells wearable blankets and accessories. But success didn't happen overnight. After multiple failed businesses, at 24 years old, Davie had a chip on his shoulder to prove he could succeed. So in 2017, he started 2 ecommerce businesses, and they both took off immediately. In the past 4 years, Davie has grown his company of 5 major brands called the Davie Group to $400M in sales. In this episode, you'll learn exactly what it takes to build an incredible ecommerce brand in 2022 and some of the pitfalls to...

info_outline
426: How to Open Talent Doors with Jen Proctor of Cultivated Entertainment show art 426: How to Open Talent Doors with Jen Proctor of Cultivated Entertainment

The Foundr Podcast with Nathan Chan

Jen Proctor loved being a performer. But when her dream to be a professional singer ended, she pledged to be a good person in the entertainment industry, something she knew wasn't a given. So in 2015, she launched her agency Cultivated Entertainment and works with clients like Meta, Pharrell, Drew Barrymore, the Obama Foundation, Stand Up for Cancer, and the Primetime Emmy Awards. She's built her agency based on the vision of seeing a need and filling it. So if you're interested in working with talent from actors to TikTok stars, this episode is for you.    Listen to Nathan and Jen...

info_outline
425: Why Kendra Scott Risked Everything on the Customer Experience  show art 425: Why Kendra Scott Risked Everything on the Customer Experience

The Foundr Podcast with Nathan Chan

Kendra Scott started her self-titled billion-dollar jewelry business out of failure. Her first business failed after 5 years, and she started selling handmade jewelry door-to-door as a side hustle. Now, Kendra Scott Jewelry is a billion-dollar business with 100 retail locations across the US. But success didn't come quickly. Through personal struggles, recessions, and rejections, Scott built a fashion business driven by an unforgettable customer experience.    Listen to Nathan and Kendra discuss: What she learned from her failed business  Fundraising and dealing with rejection...

info_outline
424: How Dragons' Den Star Michele Romanow is Removing Funding Barriers show art 424: How Dragons' Den Star Michele Romanow is Removing Funding Barriers

The Foundr Podcast with Nathan Chan

Michele Romanow joined the cast of CBC's Dragons' Den in 2014 after successfully selling her digital coupon business SnapSaves to Groupon. At 28 years old, she was the youngest "dragon" on the show, but that didn't stop her from innovating. During her second episode, Michele decided to flip the traditional Dragons' Den pitch from equity to revenue.    The decision led to the creation of the investment company Clearco and the invention of the revenue-based financing category. The model helps fund ecommerce companies fast and affordable, where founders pay a set percentage only when...

info_outline
 
More Episodes

Michele Romanow joined the cast of CBC's Dragons' Den in 2014 after successfully selling her digital coupon business SnapSaves to Groupon. At 28 years old, she was the youngest "dragon" on the show, but that didn't stop her from innovating. During her second episode, Michele decided to flip the traditional Dragons' Den pitch from equity to revenue. 

 

The decision led to the creation of the investment company Clearco and the invention of the revenue-based financing category. The model helps fund ecommerce companies fast and affordable, where founders pay a set percentage only when they make revenue. To date, Clearco has invested $4B in 10,000 founders in 11 countries across the world. 

 

Listen to Nathan and Michele discuss: 

  • Why her first business was a caviar fishery 
  • Acquiring customers through sidewalk chalk 
  • Creating the Clearco model by shifting the Dragons' Den model
  • Accepting rejection as part of the job
  • Taking advice from people that you want to be
  • How to build the relentless muscle 
  • How data removes bias from funding decisions 
  • Stories and lessons from Dragons' Den 
  • And much more ecommerce funding advice…

Foundr & Clearco have teamed up to help you increase cash flow & extend payment terms for your online business: https://clear.co/partner/bnpl/foundr/ 

Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.

 Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. 

 

Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... 

 

For more Foundr content, follow us on your favorite platform: