Stacey Ferreira | Founder of Forge

About this video

Stacy Ferrera recounts her entrepreneurial journey starting at age 18, when she and her brother moved to Los Angeles with $3,000 in savings to build MySocialCloud, a single sign-on platform. She describes how boldly reaching out to Richard Branson via Twitter led to a meeting in Miami, a $1.2 million investment from Branson and other investors, and ultimately the sale of MySocialCloud to Reputation.com in 2013.

Key takeaways

• Taking calculated risks and asking for what you need—whether from investors, mentors, or your parents—can unlock life-changing opportunities; Ferrera borrowed $4,000 from her father to meet Branson, which ultimately led to her company’s funding
• Building connections with established entrepreneurs and seeking their advice can accelerate your business; Branson’s introduction to Jerry Murdoch of Insight Venture Partners was the catalyst for securing investment
• Starting young with self-taught skills and scrappy resourcefulness is viable; Ferrera and her brother learned to code through free online resources like w3schools.com and launched their first company while still in high school

Episode details: published March 15, 2017 · 1.6K views · 8:59 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.

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