Adding Transparency to U.S. Political Fundraising with Nicole Loftus
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Nuggets:
- Successful businesses are incredibly focused. This often manifests as simplicity.
- When you’ve got high volume you can negotiate credit card fees down to 1%
Action Steps:
- Contact political candidates and pitch them on the benefits of a more transparent fundraising and spending platform
- Be simple with your strategy. Create a simple platform to collect donations and a simple ledger of categories politicians must report on.
- Take 5-10% of the money raised through your platform
- Don’t make it more complicated than it needs to be
Links:
- SkinX Funding Platform
- Nicole Guerrieri Loftus - Founder & CEO - SkinX
- GiveWell | Charity Reviews and Research
- Blueprint: your home for strategic political giving
- WinRed Pricing
- Political advertising on Google
- HR1 - 117th Congress (2021-2022): For the People Act of 2021
Nicole Loftus is a seasoned entrepreneur who has previously made it to #8 on Inc 500’s fastest growing companies. She’s now built SkinX, a tech-enabled ecosystem that is ready to launch and get every American in the game investing in entrepreneurs, innovators and job creators.
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