Season 242 Episode 8295

S1 E63 - Sowing Seeds of Change: The Marigold Effect in Entrepreneurship - Pooja Mehta

"How Pooja Mehta's Vision Nurtures Businesses and Fosters Community Growth http://s4g.biz/14mar24 1. Devin Thorpe, the show host, introduced his guest Pooja Mehta, the founder of Marigold Effect, which is named for marigolds' property of helping other plants thrive – an analogy for how her business helps other businesses flourish. 2. Marigold Effect focuses on three main areas: business advising, legal consulting, and impact investing, with the goal of reducing gender and racial wealth gaps. 3. Pooja discussed their micro-grant initiative, which aims to simplify the grant application process for non-profits, matching the level of effort with the size of the grant. It supports organizations working to close the wealth gap, particularly in the Washington DC area. 4. Pooja emphasized the importance of understanding the different perspectives of a founder and an investor, highlighting the need for founders to evaluate the sources of capital and choose terms that align with their business growth. 5. At SuperCrowdBaltimore, Pooja will be discussing strategies for businesses when considering raising capital, including the possibility of strengthening through reinvestment as opposed to external investment. 6. Pooja appreciates investment crowdfunding for the accessibility it offers to investors and as an additional pool of capital for founders, noting its unique ability to nurture mutual benefits between investors and founders. 7. For beginners in investment, Pooja recommends investing in things one understands, diversifying investments, and balancing expectations for potential return. 8. On the legal side of raising capital, Pooja emphasizes the importance of education about the process and compliance with securities laws while highlighting Regulation CF for its structure facilitating public fundraising. 9. Pooja cited her generalist approach and comfort with discussing past mistakes as her superpowers. She feels these attributes allow her to provide valuable insights and ask probing questions to help entrepreneurs strategize effectively. 10. To learn more about Pooja's work or to connect with her, one can visit her website MarigoldEffect.co, attend SuperCrowdBaltimore, or SuperCrowd24, where she is set to speak on topics relevant to entrepreneurs and investors. http://superpowers4good.com "