SaaS Interviews with CEOs, Startups, Founders
EP 472: $65k Crowdfunded on Angel List and 75,000 Pre-Launch Email With Youngry CEO Ash Kumra
08 Nov 2016
Chapter 1: What is the main topic discussed in this episode?
This is The Top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.
Chapter 2: What is Youngry and how does it support entrepreneurs?
You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have. I'm now at $20,000 per top. Five and six million. He is hell-bent on global domination.
Chapter 3: How did Youngry utilize equity crowdfunding?
We just broke our 100,000-unit soul mark. And I'm your host, Nathan Latka. Okay, Top Tribe, this week's winner of the $100 is Dustin Goodwin. He's in the HR industry, specifically in the software as a service space, looking to increase his revenue. So congratulations, Dustin.
Chapter 4: What is the difference between accredited and unaccredited investors?
For your guys' chance to win $100 every Monday on the show to build your idea, simply subscribe to the podcast on iTunes now and then text the word Nathan to 33444. Again, text the word Nathan to 33444.
Chapter 5: What was the funding goal for Youngry and how much was raised?
Guys, a little CEO weapon for you. I hate going back and forth via email to set up a meeting time. You know, you gotta send 12, 13 emails, go between your inbox and your calendar. It's a pain in the butt. I started using nathanlaca.com forward slash assistant, totally free, which I loved. I reached out to the founders and said, you should pay me five grand. I'll make you a sponsor on the podcast.
They did.
Chapter 6: What unique business model does Youngry use?
I'll tell you more about the tool and how I negotiated a deal later on in the episode. But for now, check it out. nathanlaca.com forward slash assistant, totally free. Nathan Lackey here. This is episode 472. Coming up tomorrow morning, you're going to learn from Renee, who's raised $500,000 to help charity event organizers.
They've had over $16 million donated through their platform Donation Match. All right, guys. Good morning. Nathan Latke here.
Chapter 7: How did Youngry generate a pre-launch email list of 75,000?
Our guest today is Ash Kumar. He's an award-winning entrepreneur, author, public speaker, and talk show host recognized twice by the White House as an entrepreneur making an impact. Ash is currently busy helping run Youngry, a media company informing, inspiring, and elevating young and hungry-minded entrepreneurs to thrive. Ash, are you ready to take us to the top?
Brother, I'm so happy to be here. Yes, I am. Good. Thanks for coming on. So tell us about Youngry. What is it and how do you make money?
Chapter 8: What challenges did Youngry face during crowdfunding?
Youngry is an entrepreneur media company that's going to, it celebrates the entrepreneur lifestyle, provide helpful content, helpful products so that every entrepreneur in the world can thrive and be amazing. So what is this like a success mag, like a entrepreneur.com content? Yeah, it's nothing like that.
It's, it's a, it's a media brand that is providing helpful content from the many successful entrepreneurs to help early stage entrepreneurs grow. And our business model is providing e-commerce products that, So that once an entrepreneur reads content, they could get inspired and, you know, just take it to the next level. Well, I understand.
So if entrepreneur.com was pitching themselves to me, they'd say the exact same thing. They'd say, we help share stories with entrepreneurs to help them succeed and grow and crush it. I know you do something different, so tell it to me. No, but, but, but I actually, I don't, it's, it's not different. It's just, we do it our way. Entrepreneur does it their way.
I mean, I'm not here to say we're better or worse. Our way is helping early stage entrepreneurs grow. That's what we do. it's, I don't know. I'm not trying to be difficult. My audience, I want you to get a bunch of new people from this, but what you're telling me right now, no one's going to get excited to go use youngry.
So I doubt that because in the last two months we've already generated 75,000 prelaunch emails and it's, but the same pitch I just told you. So I actually respectfully disagree, my friend. So give me the pitch again. Okay, Youngree is an entrepreneur media company that helps early stage entrepreneurs thrive.
What we are doing is we're providing a community so that early stage entrepreneurs can get the best content from successful entrepreneurs and mentor types of people. Right now, when you look at the state of entrepreneurship content, it's very top down, like top down, like where people are giving you this. This is how you need to be to be an entrepreneur. We're saying, hey, that's cool.
But let's like get the voices from successful entrepreneurs from all across the country.
And what we do offline is we connect those early entrepreneurs with the successful entrepreneurs through events and through other types of opportunities so that once an entrepreneur reads our content, they can get inspired to go out and, you know, become, you know, get, you know, connect with others and just thrive.
So, so would the answer to how you're different than entrepreneur and success and Inc. be you're getting stories directly from founders mouths and publishing those in story format versus listicle articles designed to get clicks? Amen. You said it better than me. That's right. Communication guy. That's like, that's like you should copy my pitch.
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