In this episode, we meet Steve Latham, a seasoned entrepreneur with a rich history of four startups. His latest venture, DonateStock, focuses on making stock gifting accessible and easy for both donors and nonprofits. Steve shares his journey, including his initial disinterest in the intersection of humanity and technology, which transformed as he aged. He discusses the inefficiencies in traditional non-profit fundraising, particularly through stock gifting, and introduces us to DonateStock as a tech-forward solution. Steve offers valuable advice for budding entrepreneurs, emphasizing the importance of industry experience, staying adaptable, and effectively managing startup resources. The conversation also highlights the challenges and rewards of creating a scalable solution that can significantly impact the nonprofit sector.
Show Notes:
00:00 Introduction to Steve Latham and His Journey
01:54 The Birth of Donate Stock
03:41 Challenges in Stock Gifting
07:16 The Solution: Donate Stock Charitable
12:30 Overcoming Industry Hurdles
16:41 The Future of Stock Gifting
18:19 The Fragmented Nonprofit Industry
19:33 Challenges in Nonprofit Fundraising
20:44 Strategies for Engaging Nonprofits
23:04 The Role of Donors in Nonprofit Success
25:56 Advice for Aspiring Entrepreneurs
29:19 The Reality of Startup Success Rates
32:21 Final Thoughts and Reflections
Hashtags:
#StartupLife #Philanthropy #FinTech #Nonprofit #Innovation #CharitableGiving #Technology #Entrepreneurship #DonorAdviseFunds #StockGifting #LegacyBuilding #Fundraising #ImpactInvesting #HumanityAndTech #BusinessAdvice
Sponsored by FINdustries
Hosted by Don Finley
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