Start a Local CalX Chapter

Launch CalX in Your City!

Leading a local CalX Chapter Franchise is an exciting way to take a leading role in your local startup ecosystem

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What You Will Do on Behalf of CalX as a Local Chapter Leader?

 

  • Organize periodic meetups of local entrepreneurs and local investors utilizing the CalX endorsed Lion Investing kit.
  • Develop a relationship with your local Patch.com editors and writers and other local newspapers to get the word out.
  • Develop relationships with all the local startup business incubators in your area and entrepreneurship schools.
  • Develop relationships with all the angel investor groups in your area.
  • Develop relationships with leading venture capital firms in your area.
  • Develop relationships with leading investment banking firms in your area.
  • Develop relationships with local service providers to entrepreneurs and small cap investors in your area.
  • Develop relationships with other crowdfunding platforms in your area.
  • Develop relationships with economic development officials in your area.
  • Develop relationships with your local SBA office including local SCORE chapter.
  • Develop relationships with your local Chambers of Commerce.
  • Develop relationships with local organizations such as LIONS and Rotary Clubs.
  • Coach local investors and local entrepreneurs how to get the most out of CalX and Leonhardt’s Launchpads programs and tools.
  • Participate in mentoring some of your favorite local businesses.
  • You will help review CalX applications submitted by local companies in your area and help provide a customized response introducing yourself as the local chapter leader.
  • You will be asked periodically to participate in interviews with local media and our own affiliated Kindheart Lionheart Media & Publishing Co. online radio stations Radio Veronica USA and Radio Santa Monica USA.
  • Once CalX The California Stock Exchange becomes a registered stock exchange you will help establish the listing of local companies in your area on a local city sub-chapter exchange of The California Stock Exchange ie; The CalX Santa Monica Exchange subchapter of The California Stock Exchange.

 

Leading a city usually takes between 10 and 15 hours of time per week.

 

What are traits of a good local leader?

The ideal local leader has a passion for startups and, preferably, experience helping new entrepreneurs navigate basic business building decisions. Being able to communicate in a meaningful way is key. Leaders also tend to have strong connections into the local startup ecosystem, participating in various events and knowing various local startup personalities. Lastly, the local leader has basic organizational skills or can recruit others to help with straightforward logistics of hosting a well-run evening meeting.

 

What exactly is a CalX Chapter Local Meetup?

 

  • Simply a way to connect local investors with local businesses that need loans (later with law changes equity will be added).
  • Meetings last 3 hours. Usually 6pm to 9pm.
  • Each person attending in order of sign up on a simple sheet, whether a potential borrower or local entrepreneur, will be given 5 minutes to present their concept and 10 minutes to answer questions.
  • Entrepreneurs starting or running locals businesses should all speak first, followed by local investors/borrowers, followed then by local service providers.
  • Parties interested to discuss more are encouraged to arrange together their own one on one meetings.
  • The first 20 minutes and last 20 minutes of the meeting are reserved for open networking.
  • All participants are asked to log any transactions that may emanate later from personal one on one meetings with the CalX registry.
  • The local CalX Chapter leader will take 10 minutes every meeting to introduce the services of CalX, local endorsed incubators and Leonhardt’s Launchpads.

 

How does a CalX Local Chapter Leader Get Paid?

 

  • You receive 10% of all the income CalX derives from the local area during your tenure of service.
  • You will receive 10% commission on all EquityNet business plan and peer group analysis software packages you sell to local entrepreneurs.
  • You will receive 25% of any local sponsorships you line up.
  • You will likely receive the first look at many new local ompanies and will be free to negotiate with those companies sweat equity in exchange for mentoring. You keep 100% of your sweat equity returns.
  • You are free to charge consulting fees to companies in your area and you keep 100% of any consulting fees arranged.

 

CalX utilizes the following tools to organize local CalX Chapter Meetings.