In this new episode of the refocused, rebranded, new direction of Enterprise Now, Elzie is joined by Joe Cecala Founder & CEO at Dream Exchange. Joe was a lawyer who worked on many small capital transactions for more than fifteen years. In that time, he saw that small capital transactions, however good, always lack a clear exit. Answering the investor question “How do I sell my investment?” was a constant problem. This, and other problems in raising capital, were especially pronounced in the black community as his firm worked with the Chicago Urban League attempting to help the “Next One” entrepreneurship program.
Listen to this episode as Elzie and Joe talk about the stock exchange, specifically for small businesses, and how businesses will benefit from it. Joe explains how to participate in the stock exchange, and shares resources to close the knowledge gap, as well as current hurdles of the stock exchange.
Highlights:
03:13 - There's only 2 ways to actually sell shares of stock today. One is to take your shares and prepare all the documents needed, registration documents, send them to the government, to the Securities Exchange Commission.
07:55 - A journey of a thousand miles begins with one step so we`re taking the first step in the right direction regardless of what the history has been.
13:01 - If you give a man fish he has food for a day, if you teach a man to fish he has food for a lifetime. But if you build a man both or you help him finance both, now he can feed a city.
19:58 - Focus on your dream, focus on what you`re imagining and focus on how big it can be.
31:01 - Never quit. You can't just give up in anyway. Don't entertain the thought. Maybe it won't work. Those doubts and those reservations, just ignore all of them.
Connect with Elzie
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Connect with Joe
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