AMA: McKeever Conwell, II

Rashad Moore
Jul 23, 2017 · 2 min read

Wednesday, July 12, 2017 — Original AMA Facebook Event.

What is the Minority Business Pre-seed Fund? What led to its creation? What is the goal? What challenges does it have? Is there a precedent or comparable for it?

It was created because TEDCO saw that they didn’t have many AA’s apply for funding and one of the things they learned as they connected with the community was many AA founders don’t have Access to Friends and Family money which is your initial founding to get a company started. This program aims to aid in filling that gap

Because we are investing in companies so early there is a lot of risk. We plan to surround the companies with as many resources as humanly possible to make them a success. The other major challenge is just educating the community on what it means to start a tech business or raise capital.

To my knowledge there isn’t a single program in the country like this currently. investors no longer invest in just ideas and surely aren’t focused on African-Americans. The closest thing you can compare it to is probably an accelerator that has a minority focus.

What kind of businesses is the Fund looking for?

What productivity methods do you use to avoid burnout in the hectic pace of starting a business?

So I myself had to learn to take personal time and time to spend with friends and loved ones. You might even have to force yourself to do this or put this time on your calendar but you have to do it. You do yourself no favors by burning yourself out. Just take time, watch a movie, go out, netflix and chill, something other then your business because it will always be there.

I know this can be a tough thing and like I said I had to learn this the hard way. But please please please take time out for yourself. Your business is important but it isn’t the only thing

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Rashad Moore

Written by

Family Man, Blerd, Entrepreneur, Angel Investor, Social Innovator…

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Angel network focused on startups led by Black, Brown, and Women founders. Unfollow Share

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