Kevin Siskar 12/9/16 Kevin Siskar 12/9/16

How Matt Rodak Plans To Fund Every House Flip In America with Fund That Flip

Any amount of research into the seemingly eternal-growing market of real estate investment will almost surely make one familiar with Matt Rodak, Founder and CEO of Fund That Flip.

Any amount of research into the seemingly eternal-growing market of real estate investment will almost surely make one familiar with Matt Rodak. The 2007 John Carroll grad is the founder and CEO of Fund That Flip, a company which allows anyone to apply for fast and affordable funding in the rehabilitative real estate investment business. The New York based startup had already raised $2 million by April 2016, shortly after graduating from Manhattan's Entrepreneur Roundtable Accelerator in the summer of 2015 and Founder Institute New York prior to that. Fund That Flip finds its niche by bridging the gap between accredited investors and vetted real estate rehab projects in the U.S.

On this episode of Ambition Today, Matt Rodak discusses his seemingly inevitable entrepreneurial roots (despite his "best efforts") as the son of a business owner. He explains how his relationship with his father, and him owning his own company before and during college, led to Matt's on-again, off-again kinship with business ownership. Today, Matt capitalizes on the experiences of his youth by taking action to solve the problems he notices in his industry, such as streamlining the loan application process for prospective "flippers". We hear about his journey to where he is, his advice on how to get there, and much more:

Maturing in an entrepreneurial-spirited family.
Paying for college by advancing a teenage lawn-mowing gig to a profitable business that he was able to sell during his sophomore year at JCU.
Being introduced to the real estate market through his early exposure to landscaping.
What to study in college vs. what to leave to education via real-world experience.
Bringing an entrepreneurial spirit to a non-entrepreneurial position at a large business.
Using lessons from upper management to implement starting a business.
Creating a business to streamline and eliminate the fallacies of market norms.
Employing the JOBS Act to capitalize on a brand-new industry.
Ownership vs. Accountability in life.

Ambition Today Question of the Day™:
"How do you align the ambitions of your team with the ambitions of the company?"

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Kevin Siskar 6/21/16 Kevin Siskar 6/21/16

David S. Rose Explains How The New Startup Crowdfunding Rules Affect You & His New Book The Startup Checklist

On this episode of Ambition Today David S. Rose explains his new book The Startup Checklist, how the new startup crowdfunding rules affect you & angel investing 101.

On this episode of Ambition Today David S. Rose explains his new book The Startup Checklist, how the new startup crowdfunding rules affect you & angel investing 101. A third generation serial entrepreneur, David's new book The Startup Checklist which is now a New York Times Bestseller. David is also the author of the Angel Investing: The Gust Guide to Making Money and Having Fun Investing in Startups, as well as the Founder and CEO at Gust.

A man of many titles: Entrepreneur, Angel Investor, Mentor, and Author; David has had an incredible career starting several businesses. Crain's New York Business has called David "the father of angel investing in New York".

Today we learn about how he got started as a founder, became an angel investor, and where he is now as an Author and CEO. We cover the basics of how angel investing in startups works and unpack what the new SEC crowdfunding rules actually mean for startups, your friends, your family and you. We also learn about:

How an Urban Affairs degree enhanced David's views on business.
Why he started Angel Investing.
How NY Angels was created.
How do you set the foundation for a great startup company.
Angel Investing 101.
What is an Accredited Investor.
How Title 3 of the JOBS Act impacts startups and you.
What the new SEC crowdfunding rules mean if your income or net worth is below $100k.
What the new SEC crowdfunding rules mean if your income or net worth is above $100k.
If a founder decides to fundraise from non-accredited civilians, what do they need to know?
What platforms are enabling crowdfunding right now?
How can you invest in startups now.

Ambition Today Question of the Day™:

Why does success matter in the first place? Why not just live a simple life in a fishing town?

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