How The Barstool Fund Is Helping Small Businesses

Token CEO

Lemonada Media

Business, Management

4.2 • 4K Ratings

🗓️ 16 June 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Recorded June 8th, 2022 | Today’s show is all about small businesses! We start the episode with an update on the Barstool Fund/Barstool Difference and then give you guys a look into Erika delivering good news to some of the female-run small businesses that have been chosen for funding. Plus we have the owner of a Plant Outpost, Sarah Mertz, on to talk about how she bet on herself to build her dream flower shop and everything she’s learned along the way. And as always, Erika answers our best Q&As of the week. (00:00:15) Barstool Difference (00:04:24) Barstool Difference Calls (00:12:59) Q&A (00:26:13) The Plant Outpost

You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/tokenceo

Transcript

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0:00.0	Hey, token CEO listeners, you can find every episode on Apple podcasts, Spotify, or YouTube.
0:06.9	Prime members can listen ad-free on Amazon Music.
0:11.1	Making a difference doesn't just mean giving money.
0:14.1	And the difference that we can make is not just helping people by giving them resources when they
0:19.7	need it, but by talking about things when they happen and marshalling people to support a cause.
0:25.4	Okay, this is the token CEO podcast. It's Thursday, June 16th. It's McKenzie's birthday. So happy
0:34.8	birthday, McKenzie. This is episode 220. All right, so for boardroom, here's what we're talking about
0:41.0	today. So I just want to go into the barstool difference for a second. So one of the biggest
0:47.6	things we've been working on in the last six months is to take one to finish out the barstool fund.
0:52.7	Right? So we created the barstool fund to help small businesses impacted by COVID.
0:57.6	Super proud. We had $41 million. We've nearly allocated all of it.
1:02.7	The 30-day fund has been an incredible partner to us. They propped it up with little to no notice.
1:09.3	They've serviced it without charging us anything. They've really done an incredible job in
1:14.8	facilitating these funds. And we have an awesome team here working on it.
1:18.8	The one of the biggest things we've gotten to is that the barstool difference
1:24.4	isn't just about giving people money. Right? Like one of the most incredible things, like whenever I
1:29.8	think about barstool doing charity stuff, I think about Dave and the Boston bombing, I think about
1:34.8	Kevin Clancy, who has helped so, so many families in New York City. I think about Rico and what he
1:41.2	just did for the firefighter from Staten Island. Like we've done an incredible job of marshalling our
1:48.5	fans to take action, to spend money, typically on a t-shirt that we give the proceeds of to a family
1:55.6	in need. And I think that the way we've done it, the trust between our fans and our personalities,
2:02.4	the integrity that people have had in putting that together, in a way that's been like completely
	...

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