Today on the Pitch Deck, our guest is changing things up both on the podcast and in how his company has approaches the funding game. Noah Dentzel is the co-founder of Nomad, the maker of minimalist smartphone accessories. Noah has recently gone through an amazing funding experience that helped his business move from operating online to the world of retail.
Noah joins the show to share his entrepreneurial journey, from starting in crowd funding using Kickstarter and Indiegogo to using that same approach on a larger scale to grow Nomad to new heights. Within the last two years, since Nomad start using crowd funding, they have grown to $3.5 million in sales direct to consumer without ever having to raise outside capital. Now, as part of Noah’s growth strategy into retail, they are leveraging their consumers once again. Noah shares why he took a different approach to funding and how leveraging his existing client base is helping his company to become noticed by angel investors and VCs alike. Don’t miss Noah’s game-changing advice on how you too can use your loyal customers to help you take your business to the next level.
Listen To The Full Interview:
What You’ll Learn From This Episode:
- What you have in common with the entrepreneurial rock stars like Mark Cuban and Mark Zuckerberg.
- The #1 thing you need to do as a first time startup business owner.
- 2 ways to help lessen the impact of growing pains on you and your business.
- How you can leverage your existing customer list to raise money.
- Why Noah chose to use public solicitation to raise money.
- Why having an efficient system for keeping track of and contacting your customer database is vital.
- Whether crowd funding is a right option for your business.
- How to use crowd funding to catch angel investors’ and VCs’ attentions.
Featured On The Show:
- Noah Dentzel: Noah@hellonomad.com
- Mark Cuban
- Mark Zuckerberg
- Circle up
- Startup CEO: A Field Guide to Scaling Up Your Business, + Website by Matt Blumberg
- Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson
If you have questions about investing, early-stage capital raising, investor relationship and due diligence, post your question on The Pitch Deck Facebook Page. In our future episodes, we will read your questions and get feedback from our featured guests.