Invest Local
94 episodes - English - Latest episode: 8 months ago -This podcast tells the stories of local entrepreneurs and change-makers in the southeast. With small budgets and big dreams, these are the businesses down the street from you, building a better future for themselves and our communities.
Vicinity Capital is an investment Crowdfunding platform focused on community investing, local business and economics. We're on a mission to educate and connect local investors with local businesses to support thriving local economies.
Vicinity is where financial capital meets social capital.
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Episodes
Ep. 77 Greenville, SC: Pouring 30 years of live entertainment experience into a growing music scene
September 14, 2023 23:10 - 25 minutes - 23.2 MBLive entertainment management rock star Michael Grozier joins the Invest Local Podcast to share his vision for Greenville's burgeoning music scene. Steeped in 3 decades of work with the country's top live entertainment brands such as Live Nation and House of Blues, Michael is pouring all his learnings into his latest project, Trueline. In this episode, we talk about the importance of venue variety for a thriving music city. We dig into lessons learned about creating experiences and caring for...
Ep. 76 Greenville, SC: Crafting Community one Concept at a time
July 07, 2023 10:00 - 19 minutes - 17.7 MBBryan Beal and Nate Tomforde join the Invest Local podcast giving a peak behind the curtain on their new development Trade Street Social. Hear how Bryan's real estate chops and Nate's food and bev expertise combine to create these unique development projects they're calling "Crafted Community Concepts" With 3 Crafted Community Concepts already under their belt this crew makes it look easy. Don't be fooled though, hearing the complexity of each site and the strategy that goes into each one, ...
Ep. 75 Greenville, SC: Pooling dollars for a neighborhood project in Hollingsworth Park
October 07, 2022 17:49 - 20 minutes - 19.1 MBThe campaign page for The Pool at Hollingsworth Park
Ep. 74 Greenville, SC: Matt McPheely on the reinvention of modern affordable housing
April 21, 2022 13:45 - 28 minutes - 26.5 MBhttps://unionhouse.city/
Ep. 73 Raleigh, NC: Johnny Hackett - Building a Business Building Business
December 27, 2021 22:05 - 29 minutes - 26.6 MBhttps://www.blackdollar.ninja/ https://www.blackdollar.ninja/map https://blackfriday.market/
Ep. 72 Asheville, NC: Steph & Brandon Prime - the duo reinventing the greeting card experience
November 23, 2021 22:49 - 29 minutes - 27.1 MBSteph and Brandon Prime are reinventing the greeting card experience. They're on a mission to murder the card aisle with their new invention: on-demand printing from customized kiosks. Their card kiosks are outfitted with high-quality paper, high-powered printers, and high-touch ipads, designed to make beautiful cards with local art instantly available with the tap of a touchscreen. Tune in to hear how they're planning to take over the $8 billion greeting card market while pumping dollars bac...
Ep. 71 Raleigh, NC: Jason Johnson and the secrets of a ghost kitchen
November 10, 2021 18:49 - 29 minutes - 27 MBHUBB Kitchens is currently holding a Testing The Waters campaign on Vicinity's platform. The page and details on the potential raise can be found here: https://marketplace.vicinitycapital.com/offers/PreviewOffers/Njg3MDU= This is not currently a live securities offering. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statem...
Ep. 70 Dunn, NC: Wesley Johnson and the community brewery helping shape Dunn's future
October 05, 2021 15:02 - 29 minutes - 26.6 MBGrain dealers is currently running a "Testing the Waters" campaign on Vicinity's portal. You can find the campaign page here. The campaign not currently a live securities offering. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is filed and only through an intermediary's platform. A person's indication of intere...
Ep. 69 Vicinity HQ: Picking public vs private - will liquidity ruin the local private markets?
September 22, 2021 05:53 - 19 minutes - 17.8 MBThis week the team tackles a popular topic in investing: Liquidity. The private markets have long been largely illiquid, posing an increasingly stark contrast to now easy-to-trade public securities. As more and more investors gain access to private investments, the demand for cash-out options has grown as well. In this episode, we cover the good, the bad... and yes, the ugly of liquidity. What does it have to do with Vicinity's vision for the future? Tune in to find out!
Ep. 68 Vicinity HQ: How the Maryland Neighborhood Exchange is succeeding with a local investing model
September 15, 2021 04:57 - 12 minutes - 11.6 MBMichael Shuman's Website (you can sign up for his newsletter here): Michael's Book Put your money where your life is
Ep. 67 Vicinity HQ: What Crowdinvesting does for developers and investors in a growing commercial real estate market
September 01, 2021 15:35 - 17 minutes - 16.2 MBThis week the crew tackles a topic that’s gaining steam in our vicinity: needs and trends in the growing real estate developer market. As Crowdinvesting grows in popularity, new needs and opportunities have sprung up as well. From managing the inbound and outbound flow of funds to keeping your investors in the loop after the deal closes, growth has brought a new set of problems. We discuss some of the pain points that have come from this expanding market of small to mid-sized real estate deal...
Ep. 66 Birmingham, AL: Doug and Laurie Duncan - Taking over and leveling up a family business
August 25, 2021 00:11 - 28 minutes - 26.4 MBDoug and Laurie Duncan join the podcast to give us a peek behind the curtain of a real-life family business takeover. They share what joys and challenges come with running a family business along with the lessons they've learned making the shift from employees to owners. We discuss how they navigated respecting and preserving the local family reputation while maintaining a steady, persistent pursuit of improvement as they prepared to take on the business. Tune in to hear how they balance fami...
Ep. 65 Vicinity HQ: Evaluating Evaluation - Analyzing business opportunity from the inside out
August 18, 2021 05:00 - 16 minutes - 15.3 MBThe Vicinity team discusses how to evaluate an opportunity by going inside the mind of a business owner. Where do you start, what challenges do you tackle first, and how do you prioritize as you go? What does it really mean to "fail fast, fail cheap" and do your investors really care? This episode digs into all these questions and attempts to give clarity around the pursuit of opportunity evaluation with a simple takeaway question: Does the business create value that's worth paying for? Tune ...
Ep. 64 Greenville, SC: Alek Kocevski - Turning passion into profit with Golden Butterfly
August 11, 2021 04:08 - 24 minutes - 22.7 MBhttps://www.goldenbutterflystudios.com/ Alek's email: alek.gbs at gmail dot com
Ep. 63 Greenville, SC: Zeb Parsons - Rethinking the broken recycling industry with circular supply chain models
August 04, 2021 20:07 - 27 minutes - 25.1 MBWebsite: www.bricdynamics.com Zeb's number: 864-4two1-2three85 Timestamp notes: 3:34 - Original plan for Bricolage was plastic. “climb the smaller mountains first” 4:47 - The various outputs and uses of the bricolage machines 7:14 - Shrinking municipal programs are creating a market for privatized residential recycling 8:49 - The glass recycling problem is really a supply chain problem - how Bricolage is approaching the industry differently 12:11 - Cities are struggling with recycling...
Ep. 62 Vicinity HQ: Portal plateau & the local asset class
July 28, 2021 04:57 - 20 minutes - 18.3 MBCrowdfund article & stats referenced: https://www.crowdfundinsider.com/2021/07/177979-reg-cf-the-number-of-finra-regulated-funding-portals-plateaus/
Ep. 61 Greenville, SC: Chris & Brett Barest - Growing a pasta shop through fun, creativity & local ingredients
July 20, 2021 18:16 - 24 minutes - 22.5 MB1:45 How Naked Pasta got started 3:57 Why people don't make their own pasta more often 7:28 How they balance production with distribution as a small business 8:48 It’s the specials every week the keep things fun 9:54 How they use seasonality to keep things interesting 12:22 “We’re not using local for the sake of local, We’re using local because we have such a rich community here of quality and talent… We’re not doing anything special, it’s just that the inputs we’re using are very speci...
Ep. 60 Greenville, SC: Nicole & Brian Cendrowski - The 15 year forging of a world-class craft brew experience
July 14, 2021 23:08 - 45 minutes - 41.3 MBLink to RSVP for our event at Fireforge 7/22: https://www.facebook.com/events/1109941142862534
Ep. 59 Vicinity HQ: Water Testing & Wedding RSVPs - what the new "TTW" regulations mean for investors
July 07, 2021 04:44 - 23 minutes - 21.6 MBInvestment crowdfunding regulations don't often change, but when they do, the impacts are usually significant for investors. Today the Vicinity team sits down to discuss the importance "Testing The Waters" - one of the latest additions to Regulation Crowdfunding. In short, it allows companies raising capital to discuss their raise publically before going through the process of filing a securities expemtion. Tune in to get the low down on how the new rule works and hear what makes this change ...
Ep. 58 Huntsville AL: Garrett Coyne - Hot takes on a hot real estate market
June 30, 2021 04:49 - 16 minutes - 15.3 MBGarrett Coyne, a local real estate developer in Huntsville AL shares his take on the booming real estate market. Even with a mix of commercial and residential deals, there is a common thread through Garrett's projects. His strategy always starts a deep understanding of his community and keeps a close eye on the trends of the neighborhoods he invests in. Tune in to hear why Garrett is so excited about the Huntsville market and how he's using his love of community to make the most of this boom.
Ep. 57 Raleigh NC: Will McGuire (part 2) - How Investment Crowdfunding is changing the future of communities
June 23, 2021 16:18 - 20 minutes - 18.6 MB:49 - Where Investment crowdfunding dollars typically come from 1:07 - Are we near a tipping point for Investment Crowdfunding? 1:52 - The reason Will invests in real estate & revenue shares with Reg CF 2:54 - The money people put into the stock market is disconnected, local private investors are enjoying a much more relational experience 3:45 - As more people get into private investing - relationships that have been disconnected on the stock market will become re-connected via the local...
Ep. 56 Raleigh NC: Will McGuire - The forming of INCOLO, a startup traction studio for North Carolina founders
June 16, 2021 03:53 - 19 minutes - 18 MB1:34 - Why Will started INCOLO (formerly Crowdfund NC) 2:27 - How the INCLO program works “It’s not just about investment… It’s about what the business is doing to grow it’s revenue, grow a really good team and grow partner channels" 3:09 - Investment crowdfunding a sales arm, marketing arm, or supply chain channel Case study: BatteryXchange 5:06 - How Will knows a company is ready to accelerate growth 6:37 - Finding a community that resonates with your product is a must - do that bef...
Ep. 55 Charleston SC: Julie Kunkle - funding the future of innovation in South Carolina
June 09, 2021 04:00 - 41 minutes - 38.1 MB2:03 - Julie’s career progression from newspapers to AOL to SC Dept of commerce 5:13 - An overview of the Relentless Challenge grant program and who it supports 6:24 - The three goals of the grant 7:37 - Julie releasing the next round of funding 8:52 - The difference in programmatic grants & infrastructure or company funding 12:15 - Julie’s “Favorite” programs the grant has funded 16:11 - The value of treating incubators & accelerator as startups themselves 18:17 - How Julie and her ...
Ep. 54 Charlotte NC: Storymaking and Investing Insights with Jennifer Moxley
June 02, 2021 14:21 - 40 minutes - 36.6 MBJennifer's website: https://www.sunshinemedianetwork.com/ Timestamps 1:58 - Jenn’s journey into entrepreneurship 13:25 - The key steps for helping small businesses tell their stories. 1st step - understand your "Who" 14:15 - Want to get good at telling people’s stories? be the “idiot” who asks the questions 16:36 - 2nd step - Have confidence 17:43 - 3rd step - Figure out the stereotypes you’re up against - people love to put you in categories 19:44 - Success from big projects & fort...
Ep. 53 Greenville SC: Josh and John's interview with Terrell Turner on the the Business Talk Library
May 26, 2021 16:55 - 21 minutes - 19.7 MBFor this special episode, Josh and John join Terrell Turner on the Business Talk Library podcast. They dig into the founding ideas behind Vicinity and share their vision for local investing. They reveal that, surprisingly, the original idea for Vicinity came before they even knew about Regulation Crowdfunding or any of the existing portals. Instead, Vicinity was born from the desire to bring together the trends of new localism and democratized finance. Tune in to hear about the formation of V...
Ep. 52 Greenville SC: Building a business through legacy and unchained creativity
May 19, 2021 12:21 - 22 minutes - 20.6 MBBelladina's is currently hosting an offering on the Vicinity platform. You can find their campaign page here: https://marketplace.vicinitycapital.com/offers/PreviewOffers/MjE2OA== 4:33 - Start with a focal point - Joey & Potito’s creative process & approach for creating new restaurants. 5:38 - When Joey made the switch into restaurants full time. 6:16 - Marrying old school with new school & creating something new from established elements. 7:34 - Why Joey decided to sell the Greer locat...
Ep. 51 Vicinity HQ: How to take control through local investing with Michael Shuman (part 2)
May 12, 2021 12:44 - 22 minutes - 20.7 MBMichael's Website with his books, workshops and other educational info: michaelhshuman.com
Ep. 50 Vicinity HQ: The Myths and Trends of Local Economics with Michael Shuman
May 05, 2021 09:00 - 24 minutes - 22.8 MBFind all of Michael's workshops, books and speaking/consulting information on his website: michaelhshuman.com Timestamps: 5:06 - Myths about small businesses & local economics 6:17 - 2 examples/studies 7:08 - 60-80% of jobs are locally owned biz 7:21 - Local biz are competitive but our investments don't match up 8:10 - The capital market failure 8:24 - Why securities laws were passed and what the effect was for small business 9:35 - Why we are biased towards big corporations in ED ...
Ep. 48 Vicinity HQ: "After the Final Close" - What happens after the campaign ends
April 28, 2021 17:53 - 20 minutes - 18.6 MBSo you invested locally and you might be thinking, "Now what?" This week the Vicinity crew gives a how-to guide for life after investing (through Vicinity.) We talk tax implications, subscription agreements, and transfer of funds. But our favorite part is your ability to help and influence your investment AFTER you make it. Unlike our inspiration for this episode, The Bachelor, "after the final close" opens up a whole new world of communication and relationships with the company you invested ...
Ep. 49 Vicinity HQ: "After the Final Close" - What happens after the campaign ends
April 28, 2021 17:53 - 20 minutes - 18.6 MBSo you invested locally and you might be thinking, "Now what?" This week the Vicinity crew gives a how-to guide for life after investing (through Vicinity.) We talk tax implications, subscription agreements, and transfer of funds. But our favorite part is your ability to help and influence your investment AFTER you make it. Unlike our inspiration for this episode, The Bachelor, "after the final close" opens up a whole new world of communication and relationships with the company you invested ...
Ep. 48 Vicinity HQ: Using Retirement Dollars for Local Investing
April 21, 2021 13:25 - 15 minutes - 14.4 MBSign up for your own self directed IRA through our partner: Alto Michael Shuman's website Book: Put your money where your life is
Ep. 47 Vicinity HQ: Who is the real star of the show with Local Crowdinvesting?
April 14, 2021 18:13 - 15 minutes - 14.5 MBThe Vicinity team circles up to discuss recent happenings that underscore the uniqueness of local investing. John and Josh share their experience of meeting the community and being on-site with our launch into North Carolina. These conversations with local partners and investors reveal that the real stars of the show with crowdinvesting aren't technology and dollars but the people and relationships that form the community. Tune in to hear the stories and learn why locals are investing where t...
Ep. 46 Vicinity HQ: Investment Crowdfunding Tax Implications - Terms and Forms to Know
April 07, 2021 17:37 - 15 minutes - 13.9 MBThe Vicinity team discusses need-to-know tax information for your investments in campaigns through Vicinity. While individual tax implications can vary widely, This short & sweet episode gives a high-level view of terms and forms to look out for when buying different types of investment crowdfunding securities. We also cover who should expect to receive tax information from and give a trivia question with a t-shirt prize for any listener who knows the answer! If you liked this style of episod...
Ep. 45 Albemarle, NC: Revitalizing Through Real Estate with Jordan Jones
April 01, 2021 00:31 - 26 minutes - 24 MBJordan Jones with the Albemarle Hotel Development completed an offering on the Vicinity platform. You can find the campaign page here: https://marketplace.vicinitycapital.com/offers/PreviewOffers/NzQwNTk=
Ep. 44 Greenville, SC: The Making of a Modern Meadery with Adam Daughhetee
March 24, 2021 17:49 - 44 minutes - 41 MBWhile the Wandering Bard Meadery may only be a few years old, true to its medieval origins, their mead making dates back much further. Adam Daughhetee tells their tale, dating back thirty years to when the first batch of mead was crafted by his Uncle Brian Daughhetee. Fast forward to today, Adam and Brian now own a growing meadery that produces fine meads and ciders, hundreds of gallons at a time. They offer 19 selections in their taproom, distribution across the state, and online sales acros...
Ep. 43 Vicinity HQ: What the new Regulation Crowdfunding rule changes mean for investors and businesses
March 17, 2021 22:55 - 26 minutes - 24.5 MBMalcolm hosts a round table with Vicinity Co-Founders Josh Rollins and John Crawford to discuss the new Reg CF rules changes. We cover the four main changes that went live on Monday (3/15/21) and what they mean for investors as well as companies looking to raise capital. What exactly does it mean to "Test the waters"? How much can you invest? What do companies need to know if they're raising the new larger limit? We cover all this plus a light-duty conspiracy theory on about Reg CF...
Ep. 42 North Charleston, SC: Building a brewery around community with Pearce Fleming
March 10, 2021 19:28 - 38 minutes - 35.2 MBcommonhousealeworks.com facebook.com/commonhousealeworks instagram.com/commonhousealeworks/ untappd.com/commonhouse-aleworks
Ep. 41 Charleston & Greenville, SC: (Part 2) Stop selling something and start standing for something with Robert Prioleau
March 03, 2021 17:23 - 31 minutes - 28.9 MBwww.blueion.com www.blueion.com/outpost
Ep. 40 Charleston & Greenville, SC: (Part 1) Building Blue Ion, a Community-Focused Creative Agency with Robert Prioleau
February 25, 2021 00:09 - 36 minutes - 33.1 MBwww.blueion.com www.blueion.com/outpost
Ep. 39 Charleston, SC: The Depth and Value of Meetings and Communication, with Micky of MK Metrics
February 18, 2021 03:08 - 50 minutes - 45.8 MBhttp://www.mkmetrics.com/
Ep. 38 Birmingham, AL: Our Conversation With A Master Beekeeper, Adam Hickman, Founder of Foxhound Bee Company
February 10, 2021 22:16 - 43 minutes - 39.5 MB3:38 What drew Adam to beekeeping 7:47 Adam's start with his business 10:50 Business model for beekeeping 20:37 Insider tips and facts about bees 27:48 What keeps Adam up at night when it comes to beekeeping 35:50 Adam's content strategy Foxhound Bee Company's Website
Ep. 37 Charleston, SC: Exploding Onto the Charleston Fireworks Scene With Chase and Earl
February 03, 2021 19:04 - 26 minutes - 24.7 MB1:23 How Earl got started (early entrepreneurial ventures) 4:40 How Chase and Earl joined forces 5:38 Types of licensing needed for selling fireworks 7:38 Near-term vision for their business, building their fireworks empire 8:02 How the revenue model works with the extreme seasonal dependency of the fireworks industry 10:02 How they find places to set up their shop 11:58 Winning customers and establishing network relationships 15:40 Tapping into online sales and curbside pickup with...
Ep. 36 Birmingham, AL: Client Care, Problem-Solving, and Picking The Right Customers With Kalee Baker
January 28, 2021 00:42 - 29 minutes - 27.2 MBKalee’s website: https://www.kaleebakerevents.com/ 1:43 Kalee’s explanation of her business model 2:55 Going above and beyond, but still balancing client care with normal life 5:00 What Kalee tries to draw out of her guests and how she can help produce the right services for clients 9:43 Some of the tools that Kalee uses to make everything run smoothly 11:30 What it takes to be a wedding planner 12:34 Kalee’s day of the wedding strategy 15:10 Kalee's take on the future of the wedding...
Ep. 35 Birmingham, AL: Stories & Strategies From Wedding Miracle-Worker and Entrepreneur, Kalee Baker (Part 1)
January 20, 2021 20:46 - 20 minutes - 18.5 MBKalee’s website Instagram Pinterest Facebook
Ep. 34 Vicinity HQ: How the future of finance is personal and diversifying with microinvesting
January 13, 2021 19:01 - 33 minutes - 31 MB4:52 An estimated 60 billion dollars in the upstate that is “squirreled” away in retirement accounts 5:41 How the 60 billion (and 45 billion for Birmingham) represent new dollars & the broader community 9:54 How to create avenues to invest in what you choose - owning and controlling your own dollars 14:17 Fostering behavior change to make long-term impact and diversify your portfolio 18:17 The future of finance is personal 25:49 Investments are never just about the financial return 30:...
Ep. 33 Charleston, SC: Charlotte Berger on Connecting Small Businesses and Building An Industry Network
January 05, 2021 21:52 - 27 minutes - 25.2 MBhttps://www.charlottebergerpr.com/who-we-are IG Handle: @charlottebergerchs https://www.tastemakerschs.com/ IG Handle: @tastemakerschs
Ep. 32 Greenville, SC: Bridge City Coffee - A For-Profit Business Putting Impact First
December 29, 2020 14:51 - 32 minutes - 30 MBBridge City Coffee Bridge City Coffee's Instagram Shop Their Coffee
Ep. 31 Birmingham, AL: Delphine Carter on helping women find their place in The Workplace
December 23, 2020 15:25 - 26 minutes - 24.1 MBDelphine’s LinkedIn: https://www.linkedin.com/in/delphinecarter/ Boulo held an offering on the Vicinity platform. You can find the campaign page here: https://marketplace.vicinitycapital.com/offers/PreviewOffers/Mjg0MDE=
Ep. 30 Huntsville, AL: Jimbo Saunders of Park Supply gives us the scoop
December 16, 2020 18:38 - 35 minutes - 32.4 MBPark Supply Company is Huntsville and North Alabama's premier supplier of plumbing products. Website: https://parksupplycompany.com/about/ @parksupplyco
Ep. 29 Greenville, SC: Delicious Chocolate and Small Business Pivots With Rebecca Snyder of Lumineux Chocolate
December 09, 2020 15:16 - 22 minutes - 20.2 MBhttps://lumineuxchocolate.com/ Lumineux Chocolate held an offering on the Vicinity platform. You can find the campaign page here: https://marketplace.vicinitycapital.com/offers/PreviewOffers/NTMwNDg=