Clarence Wooten is a serial internet entrepreneur who has been creating and building Internet startups since 1998. Back then he co-founded and was CEO of ImageCafe.com, an online superstore of pre-fabricated websites for small businesses.

ImageCafe was acquired for $23 million by Network Solutions/Verisign in November 1999, 7-months after launch and just before the dot com bubble popped. After being an entrepreneur based in Maryland his entire career, Clarence moved to Palo Alto, CA in early 2011 -- to the heart of Silicon Valley, with the goal of doing it bigger and better. In pursuit of this goal, he recently founded VentureFund.io where he serves as CEO; and co-founded Progressly where he serves as Chairman.

In this episode, we discussed: 

• What Clarence does in his day to day roles at VentureFund.io and Progressly 
• Why he's enjoying the work he's currently doing 
• Who inspired his direction to go into business and investing 
• The biggest lessons he learned as a business owner over nearly 20 years in business 
• A story about an early roadblock on his career journey that almost tanked his business and how Clarence pushed through 
• When he began learning about the investor side and the process of becoming an investor 
• Explained what VentureFund.io is and does 
• Clarence defines "startups" 
• Explained the Traditional (TVR) and Traction methods for raising assets for  your startup 
• What might be contributing most to businesses that are failing 
• How he keeps pushing himself to new and higher heights 

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About I Am Black Success®
I Am Black Success® is a podcast featuring conversations with trailblazing Black leaders, entrepreneurs, creators, and changemakers. With 200+ episodes, the show documents Black stories and explores the strategies, lessons, and tools that fuel excellence, leadership, and legacy.

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