Doug Ludlow, MainStreet - We’d Like To Be There As America And The World Starts To Rebuild, And Give Tools To These Companies…Access To Capital And Financing In A Way They Wouldn’t Have Had Before | #243

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7 • 938 Ratings

🗓️ 12 August 2020

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In episode 243 we welcome our guest, Doug Ludlow, CEO of MainStreet. In today’s episode, we’re talking about saving meaningful money. We kick off the conversation with MainStreet’s launch of an incentive campaign that would pay people $10,000 to leave the Bay Area. As a result, they received an influx of local and state governments reaching out to inform them of their own incentive programs. This caused MainStreet to shift the product vision to serve the small business and startup community as a government relations and finance team, making it easy to gain access to the same tools and incentive programs being used by sophisticated corporate finance groups. Better yet, the average company is saving around $50,000 per year! We dive into the user experience of integrating MainStreet into HR platforms, and even get into some of the tax credits out there, some of the qualifications to access them, and the success-based business model the team has implemented. All this and more in episode 243 with Doug Ludlow. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Medfavor Show, where the focus is on helping you grow and preserve your wealth.
0:11.0	Join us as we discuss the craft of investing and
0:13.5	uncover new and profitable ideas all to help you grow wealthier and wiser.
0:17.2	Better investing starts here.
0:18.8	Met Faber is the co-founder and chief investment officer at Cambria Investment Management.
0:23.3	Did it industry regulations, he will not discuss any of Cambria's funds on this podcast.
0:27.2	All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion of
0:31.2	Cambria Investment Management or its affiliates.
0:33.4	For more information, visit Cambria Investments.com.
0:35.6	Hey podcast friends, we got a fun and valuable show for you today.
0:43.0	All you small business and startup folks,
0:45.0	it might just save you 50 grand or more.
0:48.0	Our guest is co-founder and CEO of Main Street,
0:51.0	a startup making it easy for businesses to access incentive programs.
0:55.3	In today's episode, we're talking about saving meaningful money.
0:59.3	We kick off the conversation with Main Street's launch of an incentive campaign that would have paid you 10 grand to leave the Bay Area.
1:05.0	As a result, they received an influx of local and state governments reaching out to inform them of their own incentive programs.
1:11.0	This caused Main Street to shift the product vision to serve the small
1:14.0	businesses and startup community as a government relations and finance team making it easier to gain
1:19.6	access to the same tools and incentive programs being used by sophisticated corporate finance groups.
1:25.6	Better yet, the average company is saving around 50 grand per year.
1:30.8	We dive into the user experience of integrating Main Street into HR platforms and even get into some of the tax credits out there,
	...

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