#1812 How to pivot a marketplace into a different business model




Startup Stories - Mixergy show

Summary: A few years ago I noticed there was a handful of companies whose goal was to help founders raise money. This angel crowdfunding idea was growing in popularity and it felt like it was going to be the future, and for some reason, it wasn’t. Joining me today is an entrepreneur who went down that path. He found that wasn’t actually the right approach. I invited him here to find out why. My guest is Brock Blake. He is the founder of Lendio. Lendio is a marketplace for business owners to comparison shop and get loans that they need. So they’re no longer matching entrepreneurs like you with angel investors, they are now helping you get the loan that you need. We’ll find out why he made the change in this interview. <p><a href="https://mixergy.com/interviews/lendio-with-brock-blake/"><img src="https://mixergy.com/interviews/lendio-with-brock-blake/?get-twitter-card=true&amp;v=14&amp;time=1566376628" alt="" class="alignnone size-full"></a></p><p>Brock Blake is founder of Lendio a marketplace for businesses owners to comparison shop and get the loan they need.</p> <strong>Sponsored by</strong><br><p><a href="http://www.toptal.com/mixergy" rel="nofollow">Toptal</a> – If you’re having trouble finding developers, Toptal is a network of elite pre-vetted software developers. You tell Toptal what you’re looking for, they search their network for the best people, they test the candidates, and then they present you with only the candidates who meet your individual needs. Once you pick someone you can start work with them the next day. They offer a no-risk trial period. Go to <a href="http://www.toptal.com/mixergy" rel="nofollow">Toptal.com</a>. Get the best of the best right now.</p> <hr> <p><a href="http://www.activecampaign.com/mixergy" rel="nofollow">ActiveCampaign</a> – Improve your marketing &amp; sales processes by upgrading to an automated platform. Start sending follow-up that adapts to your customers’ behavior so you are sending the perfect message at the perfect time. You’ll have happier customers and higher conversions. See why over 150,000 marketers use ActiveCampaign to create intelligent marketing that gets better results.</p> <p>If you’re with one of their confusing competitors and you want something new, you owe it to your business to check out <a href="http://www.activecampaign.com/mixergy" rel="nofollow">ActiveCampaign</a>.</p> <p>More interviews -&gt; <a href="https://mixergy.com/moreint" target="_blank">https://mixergy.com/moreint</a><br> Rate this interview -&gt; <a href="https://mixergy.com/rateint" target="_blank">https://mixergy.com/rateint</a></p>