Owner To Owner Podcast

Matt Vitale from Birchal talks equity crowdfunding.

Episode Summary

Matt Vitale from Birchal, a leading Australian equity crowd funding platform, talks about how small business owners can use crowd funding as an alternative source of finance.

Episode Notes

Matt Vitale is a co-founder of Birchal https://www.birchal.com , a leading Australian equity crowdfunding platform.

Equity crowdfunding is a fast growing alternative source of finance for small business.

In this episode we cover;

• Matt's professional career leading up to co-founding Birchal
• His own hands-on experience as a small business owner
• How one of these small businesses led to Matt (and his wife) competing in the world BBQ championships in the USA 
• What crowdfunding is 
• How crowdfunding works 
• Which businesses can take the most advantage of crowdfunding, and why businesses with a consumer-facing business model are  well placed to take advantage
• Why customers are so important in the process
• The process and timeline for raising crowdfunding 
• What the owners of a business need to know and do if they want to raise crowdfunding
• What changes once you have some investors in the business