Sam Hodges, The Funding Circle
Sam Hodges is the very definition of a pivot in business. While trying to apply for funding for a different business venture, like a smack in the face, Hodges realized that the very system of funding was flawed. Thus, his empire began. Hodges made a difference by changing the way lending happens for small business owners. Sam Hodges founded Endurance Lending Network that eventually merged with The Funding Circle. Basically, it is a peer funded loan system. It makes it possible for credible small business owners to expand and grow their business. Today, The Funding Circle is worth over $750 million.
Honestly, the world needs more ideas like his. Hodges’ idea not only made him exceedingly wealthy; it caused a ripple effect that aided thousands of others. He is like the embodiment of empowerment. Being able to get the resources needed is extremely motivating and ideas that empower can turn around a failing economy. The effects of this ripple will continue for many years.
Overall, Hodges is one to watch. He is a perfect example of a serendipitous moment being capitalized into something extraordinary. Be motivated today and encouraged by Hodges’ story!
It’s so cool to see that he was experiencing a problem and decided to solve it instead of just letting it stay the same. It is also great that he had this problem, so he knows what it feels like and knows that others are experiencing the same thing. Also, he is super successful doing something he wasn’t even planning on doing! How cool!