In an interview with Find the Edge Founder – Kenny Goodman, Bank to the Future co-founder, Simon Dixon, stated the crowdfunding model will ‘change the world’. The wide-ranging interview covered a variety of topics, including the wider economy, the benefits associated with investing in companies, and how Simon came to form Bank to the Future.
Discussing crowdfunding, he said:
‘I really believe that this is going to be a mainstream product that’s going to change the world.
‘You’re about to see an amazingly large untapped industry emerge, which will be the whole sector of assisting people in crowd funding, and assisting people in marketing to make their idea appeal to the crowd.
‘You know a very large sector is about to emerge when other people start building businesses around your business, and that’s started happening with Bank to the Future.’
He also discussed why he believes entrepreneurs should not be put off from acting in the current economic situation.
Dixon said:
‘Don’t get caught up in the negativity of the economy – all we’re in is a shifting economy.
‘In the case of the UK over the last eight years, the money supply has literally doubled, so there’s more money out there than there has been. It’s just simply not making its way to the right places.
‘We’re in a shifting time. People want to see what’s happening with their money, there’s record levels of scepticism with traditional finance and banking and there’s double the amount of money in the economy.’