Dominic is the founder and CEO of B Generous, a Fintech company that is producing solutions to help create a better world. Dominic has an impressive philanthropic past including working as a senator on the finance committee, sitting on boards of charity foundations and helping celebrities amplify and grow their humanitarian efforts.
In this episode, Dominic talks to Ryan all about his past efforts and how he created one of the most unique business models Ryan has ever heard of for a non-profit community.
KEY TAKEAWAYS
- B Generous has created a ‘credit’ model for their charity website. They created a donate now pay later button on the site with no hidden costs creating the sole credit product in the non-profit space.
- This product means that B Generous help non-profits receive full donations, upfront, by financing.
- When working in politics, Dominic realised how passionate he was about helping people but he wanted to do more, which led him to create his first company GVNG.
- He started to work with clients including Val Kilmer and Forest Whitaker to help them grow their non-profit.
- After 6 years as CEO of GVNG, Dominic then founded B Generous, to continue helping others with their philanthropic
- Around 72% of giving comes from individuals, this is a huge market based on the fact Americans give over $1 billion a day!
- B Generous have a low cost as they ask their clients if they want to cover part of them, the take-up on this is very high, passing this saving also onto their clients.
- The biggest challenge with growth right now is the tough market non-profits are facing, Dominic is concentrating on building the authenticity and branding around B Generous. The B Generous team come from the market they are serving, and this is what differentiates them.
BEST MOMENTS
“I was very passionate about making the world a better place”
“I was looking for something at the intersection of profit and purpose”
“When you compare this to the eCommerce market, they’re roughly the same [in size]”
Do You Want The Closing Secrets That Helped Close Over $125 Million in New Business for Free?” Grab them HERE: https://www.whalesellingsystem.com/closingsecrets
Ryan Staley
Founder and CEO
Whale Boss
312-848-7443
EPISODE RESOURCES
https://www.linkedin.com/in/dominickalms
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How do you grow like a VC-backed company without taking on investors? Do you want to create a lifestyle business, a performance business or an empire? How do you scale to an exit without losing your freedom?
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