It’s a new month and change is coming to the EcomCrew Podcast. 

If you haven’t listened to last Thursday’s goals update, I talked about us reducing the number of episodes in a week from two to one. We want to provide you with the best possible content and, in order to do that, it was a decision to go for quality over quantity.

Today’s episode is something that I believe fits the bill. As entrepreneurs, we tend to fall prey to our own success. The struggle to keep up with growth often means that our cash flow takes a beating. Affording inventory can become a real problem. 

This is why I’m excited to have Kickfurther CEO Sean de Clerq and VP of Business Development David Koifman on the show. 

Kickfurther is a platform that brings together businesses with inventory funding needs and individuals looking to grow their money on ecommerce. The platform helps cash-strapped businesses grow by raising funds from individual buyers to pay for the business’ next order. When the business sells the inventory successfully, the individual buyers get paid and earn a profit.

In this episode, you’ll learn:

  • How a Kickstarter campaign and Sean’s financing problem gave birth to the idea of Kickfurther – 2:34
  • How Kickfurther deals first came together – 8:23
  • How Sean found early backers who trusted their brand-new platform – 10:35
  • Criteria for a business to be on the platform – 19:08
  • Step-by-step process for a business to get funding – 23:53
  • Timeline for a business to get funding  – 28:13
  • Kickfurther’s finance charges – 29:59
  • What returns have been historically for investors – 36:22
  • Risk factors – 44:38
  • Consignment setup – 48:44
  • Special Kickfurther deal for EcomCrew listeners – 53:43

If you want to try out Kickfurther for yourself, head over to ecomcrew.com/kickfurther.

Learn how to develop defensible and winning products you can build your business around. Sign up for this month’s free webinar.

Get a copy of the Amazon Domination book here. 

If you have any questions or comments, feel free to leave them below. Happy selling!