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World’s youngest Dragon, with Michele Romanow, Co-Founder of Clearbanc

World’s youngest Dragon, with Michele Romanow, Co-Founder of Clearbanc

FromSecret Leaders with Dan Murray-Serter


World’s youngest Dragon, with Michele Romanow, Co-Founder of Clearbanc

FromSecret Leaders with Dan Murray-Serter

ratings:
Length:
53 minutes
Released:
Mar 16, 2021
Format:
Podcast episode

Description

You can’t take your ears off our guest today. Born and raised in Canada, Michele Romanow has been building startups since university (a cafe which still operates today) followed by a venture in an industry she knew nothing about - caviar - right when the 2008 financial crisis struck.
“There I am, 21 years old, selling the world's most unnecessary luxury product. I realised the world owes you absolutely nothing, that everything can fall apart in a second, that it can be your fault. It can be the market's fault, it doesn't matter. But I was gonna have to pivot if I wanted it to be successful.”
And pivot she did. 
From Buytopia, to SnapSaves (acquired by Groupon), to Dragons’ Den Canada (‘I was the youngest Dragon ever’), to co-founding Clearbanc - Michele has done so much in such a short space of time.
She co-founded Clearbanc having seen dozens of similar pitches on Dragons’ Den. The idea is that ecommerce founders no longer have to give up equity in exchange for capital. Instead Clearbanc invests and gets paid back from revenues with a 6% - 12% fee on top. 
“We have now invested more than $1.6 billion into 4,000 different founders around the world. We have backed eight times more women than the venture capital industry average.”
What a story. We hope you enjoy it.
If you like what we’re doing please subscribe or follow Secret Leaders. 
We chat about:

Starting her career in cafes and caviar

From Dragons’ Den to Clearbanc

The struggle of financing Clearbanc

The hardest part of being an entrepreneur

Never be comfortable

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Released:
Mar 16, 2021
Format:
Podcast episode

Titles in the series (100)

Find out what it's really like being a top entrepreneur and how to get there. Founders of startups like Monzo, BrewDog, Slack and Jo Malone tell us about their biggest challenges, key decisions and life-defining moments. How would you respond if you arrived in the UK as a penniless refugee? Or had to fire your Mum? Or had a billion dollar deal fall through your hands at the last minute? Learn how to lead from business greats.