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Leveraging Proof-of-Concept to Raise Money for Your Business with Steven Sashen - EP21
19th December 2023 • Leading Visionaries Podcast • Anjel B Hartwell & The Creative Age Consulting Group
00:00:00 00:28:22

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What is the best way to ask for money to bring your vision to life?

Steven Sashen suggests that the first step is to prove your concept. Rather than telling investors about your idea, show them that it works.

Steven is Cofounder and CEO of Xero Shoes, a company that has helped hundreds of thousands of people Live Feet First with happy, healthy, strong feet in addictively comfortable footwear.

A serial entrepreneur, former professional standup comic and competitive sprinter, Steven and his wife, Lena Phoneix, built Xero Shoes to promote the fun and freedom of natural movement.

On this episode of Leading Visionaries, Steven joins Anjel to share his experiences raising money from friends and family, venture capital firms and equity crowdfunding.

Steven explains how his running injuries inspired the creation of Xero Shoes and describes how the company has grown from a team of two to 82.

Listen in for Steven’s insight on the challenge of finding a mentor when you’re charting new territory and learn how to leverage proof-of-concept to raise capital for your business.

What You Will Learn 

Why it never occurred to Steven to get a 9-to-5 job

Why Steven suggests proving your concept first and then asking for money

How Xero Shoes raised over $1M in an equity crowdfunding raise

Why being conscious of who you want to partner with helps you attract investors

How Steven’s running injuries inspired Xero Shoes

The natural movement experience Xero Shoes provide their customers

How Steven and his wife went from a team of 2 to 82

The challenge of finding a mentor when no one has done what you’re doing

Why it’s tricky to get people to unbelieve anything

How Steven knows it’s time to create the next thing

Connect with Steven Sashen

Xero Shoes

Resources

Xero Shoes on How I Built This

Be Heard by Millions and Live Your Destiny: A Creative Age Leader’s Guide to Speak, Sell, Serve & Succeed by Anjel B. Hartwell

Connect with Anjel B. Hartwell 

Leading Visionaries Podcast

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Creative Age Consulting Group

Anjel on X

Anjel on Instagram

 

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