20 Insider Secrets For Crowdfunding Your Small Business
Transcription
20 Insider Secrets For Crowdfunding Your Small Business
3 3333 20 Insider Secrets For Crowdfunding Your Small Business With 90% Chance of Success 1 What is Crowdfunding? In a nutshell, Crowdfunding is the process of raising very small investments from a large number of investors. The principle behind Crowdfunding is where lots of people fund small amounts of money to help someone make their idea a reality. They can invest in early-stage financing for ideas that are not yet a reality. They can also help small businesses or startups with growth capital. What is mind boggling about this relatively new mode of financing is that for the first time in history, the average Jane will be able to own her own business with the help of the crowd. The opportunity to grow new startups and entrepreneurial ventures, whose ideas never made it past the dinner table due to lack of funding, is huge. Additionally, the impact on local businesses is undoubtedly going to produce more robust economies, communities and cities where investors can now keep their money local. Insider Secret #1: Without a shadow of a doubt, this is one of those moments in history where entire industries and economies will be disrupted. If you are a business understanding owner, this new mode of financing is imperative to the very survival of your business. Not doing so, is a risk you can no longer afford to take. Copyright © 2013 JackieBiz.com 2 How Can a Small Business use Crowd Funding? Using crowdfunding for small businesses has multiple purposes. You can use it to raise funds. If you have a product or idea and you are not quite sure it will succeed in the market, you can use crowdfunding to validate your idea. This is a great strategy to test a product before you spend millions of dollars manufacturing it. You can use it to gather massive public opinion. It can also potentially give you extreme exposure for your business or project. Because crowdfunding is such a new industry, in reality the potential is limitless. You can view crowdfunding as social web 2.0 meets finance, creating the new web 3.0 to fund a project, business or idea. Just like we saw the social web create entire ecosystems of groups of people, most likely crowdfunding will follow the same path. It will create entire new venues, groups and ecosystems around ideas, industries, businesses, causes and social problems. We can already see it now, crowdfunding for black entrepreneurs, crowdfunding for social causes, crowdfunding for the green industry…and the revolution has just begun! Insider Secret #2: Before you even think about Crowdfunding, make sure you have a very clear idea of your project and your target market. Then, and only then, select the Crowdfunding platform. Think of it as going to the doctor. You wouldn’t go to a gynecologist for a foot problem, now would you? Crowdfunding works the same way. Choose the right platform for your project or even better, build your own (not applicable for Investment Crowdfunding). The benefit of building your own crowdfunding site is that you can test different products and ideas as your business grows. This saves you fees and once you build your crowd, you can approach them over and over again with your new products or ideas. Visit MarketingPortal.co to learn how. Copyright © 2013 JackieBiz.com 3 How many types are there? There are three main forms of CrowdFunding: You have the Donation Model, where donors choose their benefactors and feel good about contributing to a good cause endeavor. In the Donation-Based model, funds are collected from a community for a publicly disclosed initiative. One of the most famous Donation Crowdfund campaigns was the 2008 election of US President Barack Obama, who raised over $137 million dollars using this crowdfunding model. Then you have the Rewards Model, where supporters make a monetary contribution in return for a reward of some sort. There is no financial return to the people putting money in. Usually the return may be a gift, a discount, or a free ticket to name a few. The rewards can be wholly intangible, such as being identified publicly as a supporter or it can be tangible such as delivering the actual product you are about to crowdfund. Finally there is the Equity Model (signed into law in April 2012 under the JOBS Act) where investors receive an interest in the profits of the business that they are helping fund. In the Equity-Based Crowdfunding the funder becomes a shareholder in the company. This means the investor has a right to vote on certain decisions. She is entitled to dividends out of the company’s revenue and she can get a share of the value in the company when shares are sold. Of course, she also runs the risk that any investor runs with a company, in that the company may fail. But that is the risk of business any investor faces. Insider Secret #3: Do not attempt to Equity Crowdfund right now. As of today June 2013 - and until the SEC finalizes the rulings…it is illegal! interested in equity crowdfunding, please visit iPivot.co Copyright © 2013 JackieBiz.com If you are 4 Can I use any of the crowdfunding models for my project, idea or product? Each crowdfunding model offers a different purpose. Donations works best for non-profits. The best way to think about the Donations model is when you think of the Boston bombings where the “Believe in Boston” crowdfunding campaign was able to raise over $3,000,000 in 31 days for the Boston victims. On the other hand the Rewards Crowdfunding is one of the best tools for small businesses. With this model, you can presell your product at a discount while you raise money to go into production. A great example of the Rewards Crowdfunding model is Pebble. They were looking to raise $100,000 and ended up raising over $10 million from over 68,000 backers! You can also use it for idea validation. If you do not have an idea or product yet, our course “7-Steps to Validate Your Business Ideas Using Crowdfunding” located at iValidate.net will walk you through every step on how to test your idea. Learn ahead of time if your idea has any potential of making money BEFORE you invest funds developing it. Finally there is the investment crowdfunding model which, if you are in the U.S. you cannot use it yet. Insider Secret #4: Sign up to our weekly newsletter for strategies on how to use the Equity Crowdfunding business model. However, these strategies are PRIVATE and just for the people in my weekly newsletter. You're going to learn exactly what it takes to equity crowdfund and build wealth. Copyright © 2013 JackieBiz.com 5 Are there any restrictions or limitations? As of today, only Rewards and Donation Crowdfundings are legal. As I mentioned earlier…do not attempt to Equity Crowdfund right now. It is illegal. While we wait for the SEC to finalize the rulings, here are a few things to keep in mind. 9 The limit for Crowdfund Investing is $1 million per year 9 Funding occurs on an all or nothing basis. 9 Money can be solicited only from people who are connected to you via a social network 9 Only SEC-registered broker-dealers can websites host and crowdfund investing campaigns. Watch out for the “All or Nothing” rule. This provision means that no matter how carefully you planned your campaign, or how much work you put into it, the bottom line is that if you meet you goal, then you receive the full amount. On the other hand, if you fail meeting your funding goal, then you receive nothing, despite whatever investment pledges have been made. Insider Secret #5: NEVER ask for more than what you truly need. Share this report and unlock the excel worksheet that allows you to plan the exact Funding Goal you will need; not a penny more, not a penny less. Every person you get to sign up, you unlock 1 point to be used to unlock the worksheet. (Make sure you use the share code located in the site where you downloaded this report) Copyright © 2013 JackieBiz.com 6 Is there a specific strategy to follow? An important point to remember is that you want to make sure your campaign sets you apart from the rest. 21% of projects listed on a crowdfunding site never get off the ground. Not even one cent is pledged to their campaign. On the other hand, 90% of the projects that hit 30% of their initial funding target early on; go all the way to meeting, and often exceeding, their funding goal. This does not happen by fluke. It is largely due to the attention given to the campaign by the project creator…way before the crowdfund campaign even takes place. You need a “Crowdfunding Mindset”, in other words, a proactive approach. Data clearly shows that successful companies DO spend an optimal amount of time, energy and money planning. Thoughtful and thorough planning and preparation will make or break your campaign. Therefore if you want to do it right, planning and preparation are crucial. Insider Secret #6: As you plan your crowdfund, make it your goal to have 30% of your target, fully funded by the first week of your campaign. 30% funding by the first week of the campaign seems to be the tipping point between winners and losers. Getting those “first followers” in your campaign quickly is key to success. This will give you the social proof to get people to trust you & believe in your idea. If you are not sure how to build a crowd and need help, visit CrowdfundingMarketplace.net for professional help. Copyright © 2013 JackieBiz.com 7 What is the difference between Crowdfunding and other types of financing? Before you crowdfund your business, especially Investment crowdfund, it is important that you understand the difference between traditional financing and this new game changer method of funding Self-funding: Self-funding is where you put up a 100% of the risk where crowdfunding is where lots of people share the risk. Credit Card Financing: Once you have maxed out your personal savings, then credit card is the next easiest access to financing. Unfortunately, this is also the most expensive method of financing a business. Credit cards are usually used as quick fixes for short-term financing problems. On the other hand Crowdfunding takes a lot of planning and is, therefore, a longer-term strategy. Bank Loans: The entire reason the government passed the JOBS Act in 2012 is because banks are simply not lending. If they do, they request an awful amount of collateral, 3 years of financial statements, impeccable credit record and a close relationship with the bank. This leaves out of the equation most businesses and entrepreneurs and is where Crowdfunding comes into play. Private Money: These are funds that come from wealthy investors, venture capitalists, and the like. Early market data shows, they will become big part of Crowdfunding. Insider Secret #7: Just like any other business or investment, a crowd investor wants to see you have skin in the game. If you are a true start-up, they want to see that you believe in your concept, idea, project or company. If they saw you had zero invested, that would raise red flags. Not having any risk at stake can greatly diminish your chances of a successful MarketingPortal.co for more information. Copyright © 2013 JackieBiz.com crowdfund. Visit 8 How can I increase my chances of launching a successful crowdfund? We can write pages and pages about this topic…BUT, the three most important points you have to remember to aim for a successful crowdfunding campaign are: 1. Have a compelling story. If you do not have one, then go back to the drawing table. Emotional influence drives people to make decisions. Add to those influences logic, and you have a deadly combination. So deadly, that estimates for annual crowdfunding transactions go as high as $500 billion annually. Now imagine what will happen once the SEC finalizes the rulings…are you seeing the picture yet? 2. Have interesting people behind the project. Investors invest first and foremost in people. They want to make sure that behind their money are people who are going to see the project, idea, cause or business come to fruition. If you do not have a brand or market leadership, either bring someone into your team, or this is the time to build one! 3. Have a community that is powering and fueling the project. Crowdfunding is about relationships and their community interaction. Engagement prior to the campaign is key to success. Insider Secret #8: People are not just wallets, they are consumers too. They use products and services and they know what they want and need. If you understand your crowd and you can solve whatever problem they are facing, then you have a compelling story and a potentially successful project. Learn how to validate your idea or product at iValidate.net Copyright © 2013 JackieBiz.com 9 Why do people fund a project or product? 1. They know the person that is raising money online 2. They know OF the person who is raising online 3. They fell in love with the purpose of the project 4. They want to be a part of the project 5. They want to have a direct impact on: a. Whether or not the project happens b. And influence how the project happens 6. They want the participatory perks (Rewards Crowdfund) 7. They want to feel good (Donation Crowdfund) 8. They want a piece of your business (Equity crowdfund) As you can see by the list, it is all about people and relationships. Don’t expect to crowdfund your project and a few days later get funded. It usually does not work that way. Build your network before you set out to raise money. An important thing to remember is that the campaign leader is key in any project. This means that you need to have some branding and reputation before you go into the market. Insider Secret #9: If you already have a social media presence, make sure it does not have any questionable reputation. If it does (i.e. bad reviews in your business page), clean them up before you crowdfund. Go to CrowdfundingMarketplace.net and look for “Reputation Management” under the “Strategy” category. Copyright © 2013 JackieBiz.com 10 Where does the bulk contributions come from? on funding The bulk of campaign contributions (75% to 85%) come from first or second direct networks. They have a direct relationship with the community or they have a reputation with the community. 25-30% within the first few days (first week or so) is key, because validation and social proof is sent out to other communities indicating to the world that this project is exciting & worth funding. Getting those “first followers” in your campaign quickly is key to success. This will get people to trust you & believe in your idea. Insider Secret #10: Assembling your crowd is your # 1 priority. Way before you crowdfund, build a community around your potential first followers. They are usually your target market. Interact and engage with them…they will most likely become your 30% initial funders we talked so much about! If you do not know how, you can find professional help at MarketingPortal.co Copyright © 2013 JackieBiz.com 11 What is the most important advice you can give me? The important take away is that you already need to have social capital and trust built up BEFORE you are ready to crowdfund. By the time you start the campaign, you will translate that social capital into funding via crowdfunding. So make it your goal to have 30% of your target amount funded by the end of the first week. As we mentioned many times before, your number one priority is to build your crowd first. These do not only include your initial investors, but also your consultants, your future customers, and your word-of mouth advertisers. You may even want to look at your crowd for future potential hires. This sums it in one sentence: “Getting the right crowd on your side is crucial!” The principle behind crowdfunding is based on a community of interrelated people coming together to support someone they know and trust with their money to help launch an initiative. They key words here are “they know and trust.” Therefore building trust amongst your crowd is of utmost importance. Insider Secret #11: In order to build market leadership, having a social media presence is a must. Your goal should be to become one of the top 10 market experts in your field. If you do not have time or do not know how to do it, hire an experienced and reputable social media marketer. Go to CrowdfundingMarketplace.net and look for “CROWDFUNDING PACKAGES” to get you started. Copyright © 2013 JackieBiz.com 12 How Do I get Crowdfunding? started with Rewards As we mentioned earlier, there are different Crowdfunding models. In this paper we are going to concentrate on Rewards Crowdfunding because it is the model that currently benefits small businesses and entrepreneurs the most. Once the SEC finalizes its rulings, I will either update this whitepaper or write a separate one. To be kept in the loop, and be informed of upcoming ideas and strategies in this fast moving new method of funding…sign up to my weekly newsletter. One thing to remember is that Crowdfunding is not like placing an ad on the paper, where you post and ad, and then wait for somebody to buy. You have a significantly higher chance of success by following a carefully planned and orchestrated strategy which is what I am going to show you here. In the Insider secrets that follow, we are going to go into detail about the 3 steps to success: 1) Get Ready (Plan): In this step we are going to discuss if you have a project, idea or product worth crowdfunding 2) Get Set (Implement): This is where we are going to drill down to specifics; such as your social media campaigns, your rewards or perks strategy and last but not least, your numbers planning…how much should you charge per perk? What should be your target funding amount? And your cashflow projections 3) Go! (Crowdfund!): This step covers on what to do in order to go live, get your campaign going and get funded. Insider Secret #12: Your goal is to treat raising money like a product that has to be launched professionally for a successful outcome. Visit MarketingPortal.co if you need help Copyright © 2013 JackieBiz.com 13 Step 1: “GET READY”? In this step, our goal is to determine whether you have a project or product worth crowdfunding. See the list below. MUST HAVE LIST: 1. I am passionate about my project/product for non-financial reasons 2. My project/product: 9 is one that matters, one that supports an issue 9 is NOT a charity or cause 9 has a big target market that solves a big problem 9 is considered ingenious 9 has a clear market need 9 has a clear and defined target market 9 reduces or removes significant pain point or nuisance 9 produces a significant pleasure or opportunity 9 is way better or cheaper than an existing solution 3. I am a good self-marketer and have enough of a tribe and social following to reach 30% funding by the 1st week 4. I have existing social proof or can build it quickly 5. I have the ability to drive my own traffic 6. I have a prototype that works 7. I am fully committed and prepared to participate in the market Insider Secret #13: If you don’t have a product or idea, or you failed the list requirements, see my complete course “7-Steps to validate a business idea.” This course will help you come up with the right product/project that will increase your chances of crowdfunding successfully. Visit iValidate.net Copyright © 2013 JackieBiz.com 14 Step 2: “GET SET” - Goal 1 There are three very important goals in the “GET SET” step. Making sure each one is carefully planned and executed is imperative to get your Crowdfund in the 90% success ratio group. Let’s start with goal number 1: PERKS AND REWARDS STRATEGY: Decide on the Rewards you will giving your donors. Include rewards for several of the funding levels. 1. Plan your levels with unique rewards. Some suggestions are: a. Finalized product you are crowdfunding. Make sure you price them at retail cost. You can use low cost for entry level and a customized version for high-level backers. b. Creative collaborations. For example, backers are displayed on the marketing package of the finalized product. The product is named after the backer. c. Interactive experience. For example, the backer gets invited to the product launch. Dinner with the CEO. d. Creative mementos. Photos of the product launch. Thanks in the credit. 2. Set up at least one level that is special and has a limit on the number of pledges, like 10, 30 or 100 only. 3. Fun, smart, tangible rewards are key. Insider Secret #14: If you have the expertise, you can do it yourself. Share this report and unlock the excel worksheet with Rewards and Perks ideas and suggestions. Every person you get to sign up, you unlock 1 point to be used to unlock the worksheet. (Make sure you use the share code located in the site where you downloaded this report). On the other hand, if you prefer to hire an expert to do it for you, visit CrowdfundingMarketplace.net and go to the Strategy Category > Perks Expert. Copyright © 2013 JackieBiz.com 15 Step 2: GET SET” - Goal 2 MARKETING STRATEGY: Start planning your marketing strategy and building your social media presence. 1. Segment your email list for fans and evangelists 2. Identify your influencers in Facebook 3. Identify your influencers in Twitter 4. Start building your circle of influencers in Google+ 5. Plan your pre-launch communication strategy and focus on building buzz for your campaign 6. Prepare your email campaign, your email list and your email product launch sequence 7. Prepare a number of marketing texts to send out via SMS 8. Plan your guest blog posts on sites that get a lot of exposure, depending on your product. 9. Countdown on your website “xx days till the launch of my crowdfunding campaign” 10. Start talking to PR firms to get the word out. Set up your online press release accounts and start writing your press releases. 11. Prepare flyers to pass out to friends, family, local organizations, associations and conferences (WARNING: If you are going to Equity Crowdfund, you can only make your crowd aware of your crowdfund via social media. You cannot advertise on radio, newspaper, direct mail or any other channel!) 12. Get initial funders lined up and committed (WARNING: If you are going to Equity Crowdfund, you can only make your crowd aware of your crowdfund general idea…you cannot discuss details. You MUST route them to your funding portal. Only they can discuss details of the offer!) Copyright © 2013 JackieBiz.com Insider Secret #15: If you have the expertise, you can do it yourself. Share this report and unlock the Social Media Marketing Worksheet that allows you to plan the daily, weekly and monthly marketing campaigns you will need. Every person you get to sign up, you unlock 1 point to be used to unlock the worksheet. (Make sure you use the share code located in the site where you downloaded this report). On the other hand, if you prefer to hire an expert to do it for you, visit CrowdfundingMarketplace.net and go to the any of the Marketing Categories: Social Media Campaigns and Setup, Mobile Marketing, etc. 16 Step 2: GET SET” - Goal 3 FINANCIAL PLANNING STRATEGY: Develop your financial plan: 1. Decide on the resources you will need to implement your crowdfunding campaign such as money, people, space, etc. 2. Create a realistic budget you will need to complete your project. You have to think carefully because you do not want to ask too much, where it becomes too difficult to raise funds…or too little where you get yourself in trouble for not having enough to complete your product or project. 3. Carefully determine the right funding amount for your goal in order to have the best chance for a successfully funded campaign. 4. Determine how and when the crowdfunding money will be spent 5. Complete a project spreadsheet with all the actual (or estimated) fees. Insider Secret #16: Share this report and unlock the Cash flow budget Worksheet, Product Oriented Worksheet and Financial Worksheet without Manufacturing Costs. These worksheets will help you plan the exact value of a perk as well as the amount you will need to crowdfund. Every person you get to sign up, you unlock 1 point to be used to unlock the worksheet. (Make sure you use the share code located in the site where you downloaded this report). If you prefer to hire an expert to it for your, visit CrowdfundingMarketplace.net and go to the Financial Category > Business Plan Copyright © 2013 JackieBiz.com 17 Step 3: GO – Prepare The campaign should not last more than 30 days. Anything longer than that will only make your investors lose interest. Make sure you give your prospective funders a sense of “urgency” and don’t forget to have your 30% “first followers” lined up BEFORE your crowdfunding campaign starts. Select a Funding Portal: 1. Read the TOS of the platform you chose. Make sure your project/product fits their guidelines. If not, change platforms. 2. Create a login 3. Create the title and headline of your project 4. If applicable, decide which category your project fits best in 5. Write your story in a concise and compelling way 6. Build your FAQs 7. Create at least one video. Make sure you have the right video settings for optimal viewing pleasure. You need to: a. Tell viewers who you are b. Tell viewers the story behind your project and its dev stage c. Explain supporters what you will do with their money d. Talk about your awesome perks and rewards e. Tell them what will happen if you do not get funded f. Do not use copyrighted material (i.e. images and music) g. Thank everyone 8. Make sure you understand the funding policies of the platform 9. Submit your project to the Crowdfunding Platform and get approved Insider Secret #17: Share this report and unlock a comprehensive list of Funding Portals and their target markets. Every person you get to sign up, you unlock 1 point to be used to unlock the worksheet. (Make sure you use the share code located in the site where you downloaded this report). Copyright © 2013 JackieBiz.com 18 Step 3: GO –Launch! Get your “I’m now live” campaign rolling: (WARNING: Once the SEC finalizes the rulings, If you are going to Equity Crowdfund, you can only make your crowd aware of your crowdfund general idea…you cannot discuss details. You MUST route them to your Funding Portal. Only they can discuss details of the offer!) 1. Write your press releases 2. Let everyone know 3. Get your initial funders to participate 4. Get all your friends and family to participate 5. Get your Facebook friends to share your launch 6. Update everyone on your launch 7. Launch your Twitter campaign 8. Get your blog posting out there 9. Promote like crazy 10. Communicate with your backers 11. Engage, engage and engage some more! Insider Secret #18: Share this report and unlock a comprehensive list of Press Release contacts. Every person you get to sign up, you unlock 1 point to be used to unlock the worksheet. (Make sure you use the share code located in the site where you downloaded this report). If you are interested in equity crowdfunding, please visit iPivot.co Copyright © 2013 JackieBiz.com 19 How do the next steps of Crowdfunding help me build wealth? Developing a product first - and then trying to find a market - is the biggest entrepreneurs starting mistake make a when business. Unfortunately, more often than not, no one wants their product, and the venture fails. Your goal is to first make sure there is a market for whatever it is that you are selling. Once you have validated the idea and confirmed people are willing to pay for it, then and only then, you take the next step to build the business. The JOBS Act is the perfect tool you can use to build wealth: Step 1: Ideation: (Rewards Crowdfunding) 1) Discover your niche market 2) Find your ideal customer profile 3) Create your proposed value stream 4) Validate your assumptions 5) Do a viability experiment 6) Drive Buzz 7) Deliver validated value #4 to a known customer #2. Step 2: Business Growth via Investment Crowdfund (Title II & Title III) Step 3: Exit and cash out (Title I of the JOBS Act) Insider Secret #19: This paper has shown you how to Rewards Crowdfund a project, idea or product assuming you already have one. If you don’t have a product or idea, or don’t know where to start; see my complete course “7-Steps to validate a business idea.” This course will help you come up with the right product/project that will increase your chances of crowdfunding successfully. Visit iValidate.net Copyright © 2013 JackieBiz.com 20 .Becoming a Crowdfund investor yourself The JOBS Act has made it possible for the average Joe to own a part of the American dream. Once the SEC finalizes the investment crowdfund rulings, many everyday people will have, for the first time, the opportunity to invest in small private companies. It is my hope that you will join us in this revolution. But, before you invest any of your hard earned money; it is important that you become familiar with the rules and laws behind Investment Crowdfund. Like any investment, there is inherent risk associated with it. Additionally there are rules to follow and investment limits established by the legislation. They are: SEC Investment Limits Based on Annual Income or Net Worth If Your Annual Income or Which Caps You Can Invest Up To . . . Net Worth Is . . . Out At . . . Less than $40,000 $2,000 $2,000 5% of your annual income or net $40,000 to $99,999.99 $5,000 worth 10% of your annual income or net $100,000 or more $100,000 worth up to $100,000 Insider Secret #20: If you purchase equity in a business via a crowdfund investment, by law you must hold that investment for at least 12 months from the time of purchase. So, take your time and make solid decisions upfront because you can't retreat for at least a year. If you are interested in equity crowdfunding, please visit iPivot.co Copyright © 2013 JackieBiz.com About Jacqueline Burgoa: 9 9 9 9 9 9 9 9 9 9 9 U.C. Berkeley – Architecture MBA - Nova Southeastern MSF - Florida International University Nominated by Forbes as “30 Women Entrepreneurs to Follow on Twitter” Accredited as "100 Most Powerful Women on Twitter" "Forbes' Insights" Panel Member Alltop’s “Top Latinism News” National Leadership Award 2,000 Notable American Women National Dean’s List Award of Merit The National Leadership Award Honorary Co-Chairman Jacqueline Burgoa holds a bachelor’s degree in Architecture from the prestigious University of California at Berkeley, a Master’s in Business Administration degree from Nova University Graduate School of Business and a Master’s of Science in Finance from Florida International University. Burgoa spent several years working in Singapore, Bolivia and the United States. For the past 18 years she managed and operated her own eBusiness. The first ten as a brick-and-mortar and the last eight, as a fully cloud based online business. This eBusiness was her real-working lab where she tested and applied all her strategic business theories. All her knowledge and experience now gets applied to Crowdfunding. She is a real-life "Lean Start-Up" practitioner. Her company, iPivot.co specializes in business validation via Crowdfunding. Her goal is to help small businesses owners across the world, test their market ideas using Rewards Crowdfunding; grow their businesses using Investment Crowdfunding and cash out by taking advantage of the JOBS Act. Ms. Burgoa is a member with several organizations including WBENC (Women Business Enterprise national Council) and FRMBC (Florida Regional Minority Business Council). She is an avid advocate of education. Jacqueline Burgoa is the recipient of several prestigious awards including the National Dean’s List Award of Merit, the National Leadership Award Honorary Co-Chairman by the National Republican Congressional Committee, the 2000 Notable American Women and has won numerous awards such as: top 100 agencies nationally with United Healthcare, 5 top agencies in 1996, 1997, 1998 & 1999 with NHP and Humana President’s Council in 1998 & 1999. Burgoa is originally from La Paz, Bolivia. She lives in Miami, Florida with her two boys. Copyright © 2013 JackieBiz.com