06: Invest in Yourself to Startup an Award Winning Brewery
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Dan Norris, co founder of WP Curve, talks about how he and his team raised enough capital in order to sell his award winning craft beers in just two years. With the helping hand of finance from the first ever crowd-funded brewery campaign via Pozible, together with the backing of a small handful of astute investors, and one very supportive landlord they were able to launch June 18th, 2016.\\xa0
Dan\\u2019s Word Press business \\u2013 http://wpcurve.com/
Dan\\u2019s website \\u2013 http://dannorris.me/
LinkedIn \\u2013 https://www.linkedin.com/in/thedannorris
Twitter \\u2013 https://twitter.com/thedannorris
Facebook \\u2013 https://www.facebook.com/dannorrisinformly
Where are we:
Dan \\u2013 Gold Coast, Australia
Sam \\u2013 Singapore
Johnny \\u2013 Lisbon, Portugal
What we are drinking:\\xa09am \\u2013 Starbuck\\u2019s lattes
Recommended:
7 Day Startup\\xa0
Discussed (relevant links):
Ballast Point Brewery
Time Stamp \\u2013 Topic
07:20 \\u2013 Background as an entrepreneur
17:12 \\u2013 Other investments Dan has done
18:00 \\u2013 Thoughts on angel investing
18:50 \\u2013 Why Dan likes being an entrepreneur
19:50 \\u2013 Adding value to private investments
24:00 \\u2013 Passive vs active investing choices
25:30 \\u2013 Black Hops Founding
27:30 \\u2013 Early branding and home brewing
28:85 \\u2013 $0 investment to get started using friends equipment
30:00 \\u2013 Beer selection and awards
32:15 \\u2013 Contract brewing
33:30 \\u2013 Decision to raise money
36:20 \\u2013 Time and effort in fundraising
38:00 \\u2013 My attraction to Black Hops
39:00 \\u2013 Craft beer industry
43:30 \\u2013 Coming up with a valuation
48:00 \\u2013 How to determine value of startups
54:00 \\u2013 What Dan would do different with raising capital
58:11 \\u2013 How the paperwork and structuring was facilitated
59:00 \\u2013 Getting a hold of Dan