Crowdfunding is all about cooperation, and cooperation is a great way to build a crowd! While most of the focus on crowdfunding has referenced the JOBS Act, Cooperatives (co ops) are a form of money raising that’s gone somewhat under the radar. Until now! Co ops are just another form of crowdfunding where people (or “members”) can share in the future profits of a company and enjoy the benefits of their membership. Listen to this podcast where Dr. Robert Needham and Ron Sukenick from Simply Go Public explain exactly what a cooperative is, what options there are in terms of coop ownership, and why you may (or may not) want to start one for yourself.
Coops are all around us in just about every industry, and you may not even be aware of that! Just in the USA alone, 350 million people are involved with coops and these entities generate over $650 billion dollars in revenue! When it comes to the basic essence of crowdfunding, there may not be a better way to marry a company with its crowd. But cooperatives aren’t for everyone – after all, someone has to run them and management is key (like in any business). Entities like the Community of Commerce are great examples of successful coops that can serve as a blueprint for those that would like to create something similar. And if that’s the case, contacting Dr. Needham at Simply Go Public should be your first course of action for guidance – get started with equity crowdfunding today!
ABOUT OUR GUESTS:
Dr. Robert Needham has over 30 years’ executive experience in financial services, franchising, technology, and business advisory. He has developed more than 300 brands across multiple industries. He is an expert in governance, analysis, a published author, and public speaker. Dr. Needham is an Air Force veteran. He can be reached at 205-567-1266.
Ron Sukenick has over 30 years’ executive experience and is the founder of the Relationship Strategies Institute (RSI). A bestselling author, public speaker, trainer, and relationship strategist, His international clients include start-up to global businesses. Ron is a Vietnam veteran and Retired Army Reserve and a DoD public speaker. He can be reached at 317-696-1367
All information provided is for informational purposes only. This information is not intended as legal or investment advice for anyone to make an investment in any one particular company and is not intended for any companies to rely on this information to form an opinion to go public or not to go public or to do any type of offering of securities. You must check with a securities attorney to find out if an offering is for you, or if you are going to be in the business of selling any type of securities, you need to make sure you are following your state and federal legislative law so you do not get into any troubles. Do not use the opinions as stated on this show as any way to form an opinion as what is wrong or right or what could be done for your business or as an investor.