Jan 23, 2017
This episode of StartUp Funding features Ryan Wilson co-founder and CEO of The Gathering Spot. This lawyer turned co-working space owner shares his entrepreneurial journey from identifying a need to raising $3 million in funding.
Wilson, an Atlanta native, discusses the struggle of finding a place to work and hold meetings when he was working in the community while attending Georgetown University and Georgetown University Law Center. This struggle birthed the idea for The Gathering Spot. He goes on to share the many lessons he learned such as what to pitch instead of your business idea, developing a working business model, knowing your business inside and out as well as, understanding the industry landscape and your competition.
“Get started, listen to feedback from potential investors and don’t get discouraged” is just some of Wilson’s advice for other start-ups looking to raise funds. Additional recommendations include: making time for doing things you love, an excellent book to read, the best advice he’s ever received and how to deal with the highs and lows of entrepreneurship.
Wilson charges entrepreneurs “When you’re thinking about starting a business – there’s no one more capable than you to start it. A lot of times people wait around for the perfect moment or the perfect partner to start a business and, as a person that started one, I can tell you that person – or moment will likely not exist at the perfect time. Stars are not aligned that way… So, if you have an idea, go build that thing!”
Ryan Wilson’s story is a testament to the power of perseverance, continuing to learn new things and boldness to pursue a vision.
Roshawnna and Ryan discuss:
[4:26] Identifying the need for an alternative work and social space
[11:05] Raising $3 million in funding
[6:13] Many lessons he learned about being an entrepreneur
[13:11] Ryan’s advice for other start-ups looking to raise funds
[19:46] The best advice he’s ever received
[18:25] How to deal with the highs and lows of entrepreneurship
Social Media: SpotOnRW