Lendio Founder Creates Online Loan Success

Introducing Lendio Founder Brock Blake Today's guest joining us on the show, believes so deeply in the American Dream that he made it his life's mission to help small businesses across the country fuel their own aspirations. As Founder and CEO of Lendio, the largest online marketplace of small business loans in America, he has helped thousands of business owners access more than $1 billion in funding. Shortly after graduating from Brigham Young University, he won $50,000 to start a business through an entrepreneurship competition. He turned that money into FundingUniverse, a company that connected entrepreneurs with angel investors and VCs. But the company hit a wall when he realized that nearly 99 percent of businesses in the U.S. belong to Main Street rather than Wall Street. So he hit the reset button and shut down FundingUniverse and launched Lendio, a decision he calls painful but necessary, as practically overnight his monthly revenue went from nearly $1 million to $0. How The Dots Joined Up For Lendio Since then, Lendio's free-to-use marketplace has become a hub of small business lending, with a network of over 75 lenders offering a variety of loan products to thousands of American entrepreneurs. Brock has likewise seen his star rise. He has been named an Inc. 500 CEO, Utah's Emerging Executive of the Year, and one of Utah's top entrepreneurs. But he is most proud of his less public accomplishments, like building a fun-loving, results-hungry company culture while successfully juggling his roles as full-time CEO and full-time father. So has it been worth all the hassle? Has he now got to a place where he thinks "OK, easy street for me" or just another day of building his empire? Well lets find out as we bring onto the show to start joining up more dots, with the one and only Brock Blake Show Highlights During the show we talked about such weighty subjects with the Lendio founder Brock Blake such as: Why it is so important to savour high five moments in your business whenever it happens. This are the gold you have been working towards. Brock shares how he has so many business ideas come to him that he would love to mentor people to get them off the ground. Why it is so important to have market fit and focus as much as you can on the bottom line. and lastly............... Brock remembers how he hit at least eight "death" moments of his business and how he managed to get past them all.