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Adding Transparency to U.S. Political Fundraising with Nicole Loftus

May 06, 2021 0:43:32 43.83 MB Downloads: 0

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Nuggets:

  • Successful businesses are incredibly focused. This often manifests as simplicity.
  • When you’ve got high volume you can negotiate credit card fees down to 1%

Action Steps:

  1. Contact political candidates and pitch them on the benefits of a more transparent fundraising and spending platform
  2. Be simple with your strategy. Create a simple platform to collect donations and a simple ledger of categories politicians must report on.
  3. Take 5-10% of the money raised through your platform
  4. Don’t make it more complicated than it needs to be

Links:


Nicole Loftus is a seasoned entrepreneur who has previously made it to #8 on Inc 500’s fastest growing companies. She’s now built SkinX, a tech-enabled ecosystem that is ready to launch and get every American in the game investing in entrepreneurs, innovators and job creators.


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