2min chapter

The Carey Nieuwhof Leadership Podcast cover image

CNLP 472 | Vance Roush on the Future of Giving: Crypto, Fintech and How to Unleash Generosity by Making Stock Donations to Churches and Charities Easier

The Carey Nieuwhof Leadership Podcast

CHAPTER

The 30 Second Elevator Pitch of the 50 Times Rejected Proposal

Vance: "I was really emphasizing, hey, this is a massive market. If we just can serve a fraction of that, right, and we have a processing fee, then we become, you know, a billion dollar business" He says he has been rejected 50 times for the same idea. Vance's new company will help people who are struggling to make ends meet by donating their time or money in order to raise awareness about causes such as cancer,. The organization also aims to provide free health care through an online service called Lift For A Cause.

00:00
Speaker 2
So if you can give us the 30 second elevator pitch of the 50 times rejected proposal, and then the 30 second elevator pitch for the one that won, i'd just love to see the difference is that, is that fairis at two? Hard to do on the spot. I
Speaker 1
can, i cold give bly a general idea, right? Sure. So let's all, let's al see. Part of it is probably taking that troma and putting it itake
Speaker 2
a lit of it. Youint have to go to therapy after this interview. I'm sorry. Vance
Speaker 1
no, nono, i'm not joking. So when i was initially pitching it, i was really emphasizing, hey, this is a massive market. Checkd the sol. 450 billion dollars is donated every year. If we just can serve a fraction of that, right, and we have a processing fee, then we become, you know, a billion dollar business. And, you know, all those thingsr are still true, you know, the fundamentals of that. But the reality is that doesn't make me different that anybody else. And it ultimately is not very inspiring, or actually is truly authentic to my heart behind wyam building overflow, right and
Speaker 2
overd that pitch many times over rigt, so many people read the news every day. And if we can just capture one % of the market, so many people work out every day, exacty, so many people are on diets. If we get half a % of the market. So how did it change? What was different?
Speaker 1
It ange with basically what i told you about the origin story of overflow, starting with that. That's it.

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