Global Outreach Alliance is our “Cause of the Week.”
Global Outreach Alliance, led by Steven Dee Wrigley, is doing great work in Kenya, Israel, Cambodia and elsewhere. GOA is profiled in Your Mark On The World.
This week, we’ll donate $3 for every Kindle copy of Your Mark On The World sold on Amazon.com to support Global Outreach Alliance. Visit Global Outreach Alliance on Facebook to learn more. Donate at TheGlobalOutreach.org.
If you have heard about, read or own the book Your Mark on the World, please complete this quick survey. Everyone who completes the 3 minute survey will receive a code that will enable you to download a free digital copy of my book, Your Mark on the World.
Utah Food Bank: Our “Cause of the Week”
We’re kicking off our weekly program of choosing a cause with the Utah Food Bank. I try to volunteer for a couple hours each week at the Utah Food Bank. Each year, they collect and distribute over 30 million pounds of food. They provide the food to hungry families around the entire state, often working with local food pantries.
Visit UtahFoodBank.org to learn more or make a donation.
Get ready! Here it comes! Crowdfunding Will Explode in 2013!
Yes, that headline has three exclamation points. I took some out.
The world of entrepreneurial finance is changing rapidly; we are at a tipping point that will make what seems like a vibrant part of our global economy today seem small in one year’s hindsight.
Whether you are a service provider, social entrepreneur, angel investor, venture capitalist, or one of the millions of people ready to become a small-scale start up financier, it is time to pay attention.
Estimates for annual crowdfunding transactions go as high as $500 billion annually compared to 2011’s $1.5 billion (anticipated to be $3 billion in 2012). If crowdfunding even begins to approach that scale, it will completely change the landscape for start-up financing.
Jason Best and Sherwood Neiss helped lead the successful effort to get crowdfunding approved in the JOBS Act passed earlier this year. Niess explained that the folks as the SEC described themselves as “a reactive and not a proactive organization.” The SEC explained that they needed direction from Congress before they could do anything about crowdfunding equity. “We delivered an act of Congress. They weren’t expecting that.”
The Act gives rulemaking authority to the SEC and FINRA; Best and Neiss are now meeting regularly with regulators to help define the shape of these rules—which could determine the success or failure of the Act.
According to Neiss, regulators approach novelty with a focus on preventing fraud—it’s what they deal with every day. They aren’t in the business of creating jobs—even though that is the legislation’s intent.
On September 10, 2012, author Devin D. Thorpe was interviewed on KSL Today, the NBC affiliate in Salt Lake City, Utah.
In April 2013, Devin was interviewed by Top Knot Creative host Shante Schroeder.