Joining us in the booth this week is Demi, founder of Lendoe, an online lending platform that provides access to funding for underestimated entrepreneurs.
This episode includes:
- Why he quit his dream of becoming a footballer
- Challenges he had with his first business Skate & Skank
- How Demi got into the world of investing into stocks, shares and bonds
- The journey to building Lendoe to what it is today
- Plans to raise £10 Million+ for businesses in the future and much more
Follow Demi here
Get tickets to 'The Update' Event here
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Learn on Coursera here: https://imp.i384100.net/savvywallet
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Check out: https://www.youtube.com/savvywallet for the video version
TIMESTAMPS
00:00 - Preview
01:02 - Take Off Intro
01:37 - Intro to Demi
05:20 - Growing Up In Islington & Hackney
13:12 - Wanted To Be With The Cool kids in school!
17:04 - Sales career started in school!
19:50 - I Wanted To Become A Footballer!
24:05 - Skate & Skank My First business
26:07 - Why We Stopped Skate & Skank
27:23 - How I Discovered Investing
30:59 - Raising Money For My Church & The Birth of Lendoe!
33:18 - The Lendoe Platform
34:36 - Making Good Money Lending
38:12 - Why Underestimated Founders Don’t Get Funding
41:12 - Why You’re Scared of Credit!
43:55 - Raising £5 million+ for businesses like SoulCap, Ava Estelle, SliderCuts & more
50:49 - Giving Away Equity is Expensive!
58:25 - The plan to raise £10 million+
01:04:30 - As an Entrepreneur I Struggle With This
01:11:18 - ’The Update’ Event
01:14:35 - Final Words
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