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Ash Kumra, an award-winning entrepreneur, author, public speaker, and talk show host recognized twice by the White House as an entrepreneur making an impact. Listen as Ash shares how he runs Youngry, a media company he co-founded that informs, inspires, and elevates young and hungry minded entrepreneurs to thrive.

Famous Five:

• Favorite Book? \u2013 Inside Steve\u2019s Brain
• What CEO do you follow? \u2013\xa0 Mark Benioff

• Favorite online tool? \u2014 Lead.com
• Do you get 8 hours of sleep?\u2014 Yes
• If you could let your 20-year old self know one thing, what would it be? \u2013 \u201cTo not be worried about other people\u2019s things\u201d

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Time Stamped Show Notes:

• 01:44 \u2013 Nathan introduces Ash to the show
• 02:10 \u2013 Youngry is an entrepreneur media company
• • 02:27 \u2013 Youngry provides helpful information from successful entrepreneurs
  • 02:38 \u2013 Youngry\u2019s business model provides e-commerce product
  • 03:40 \u2013 Youngry provides a community for early stage entrepreneurs to get the best content to help them thrive
• 05:04 \u2013 Ash and his team decided to launch Youngry with an equity crowd funding
• • 05:12 \u2013 The new law stating that both credited and uncredited can invest in a deal
  • • 05:27 \u2013 Difference of credited and uncredited
  • 05:48 \u2013 Worked with AngelList
  • • 05:53 \u2013 AngelList launched an equity crowd funding called Republic
• 06:15 \u2013 Republic.co
• • 06:40 \u2013 Minimum amount to invest is $ 10
  • 06:50 \u2013 Minimum goal to hit is $ 50,000
  • 06:55 \u2013 Youngry hits $ 65,920
• 07:00 \u2013 Crowd safe is a form of a safe note
• 08:25 \u2013 What if people want to donate but think that valuation is crap?
• • 08:30 \u2013 \u201cIt is not a donation but an actual investment\u201d
  • 08:45 \u2013 Questions about crowd funding should go to the crowd forum
  • 09:08 \u2013 Youngry made a $ 2 million value
• 10:00 \u2013 Ash and his partner had $ 50,000 as a side money
• 10:30 \u2013 Youngry already made $ 65,000 revenue
• 11:00 \u2013 Youngry is various focus
• • 11:23 \u2013 Influence remarking as an e-commerce marking
  • 11:28 \u2013 Bigger brands see the value of audience that Youngry is generating
  • 11:32 \u2013 In 60 days, Youngry generated 50,000-75,000 audience
  • 12:05 \u2013 The crowd funding campaign helped Youngry get fraction from the larger brands
• 12:28 \u2013 Youngry\u2019s event sponsorship
• 13:15 \u2013 Launch date of Youngry is December 1 2016
• 13:30 \u2013 Connect with Ash through Ash@Youngry.com
• 15:38 \u2013 The Famous Five

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3 Key Points:

• Equity crowdfunding can be beneficial to both startups and investors.
• Study and learn the process before investing \u2013 even the legal matters.
• Mind your own business. Don\u2019t worry too much about other people\u2019s problems.

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Resources Mentioned:

• Toptal\xa0\u2013 Nathan found his development team using Toptal\xa0 for his new business Send Later. He was able to keep 100% equity and didn\u2019t have to hire a co-founder due to quality of Toptal\xa0 developers.
• Host Gator\xa0\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
• Freshbooks\xa0\u2013 The site Nathan uses to manage his invoices and accounts.
• Leadpages\xa0 \u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
• Audible\xa0\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
• Assistant.to \u2013 The site Nathan uses to book meetings with one email.
• Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
• Drip \u2013 Nathan uses Drip\u2019s email automation platform and visual campaign builder to build his sales funnel.
• Ash@Youngry.com \u2013 Ash\u2019s email address
• Show Notes provided by Mallard Creatives