Earn Your Leisure

In this episode of the EYL YouTube channel, hosts Rashad Bilal, Ian Dunlap, and Troy Millings welcome special guest Isaac Hayes III to discuss his recent milestone achievement in the world of equity crowdfunding. Isaac Hayes III made history by becoming the first black man to raise $10 million through a Reg CF (Regulation Crowdfunding) campaign.The conversation begins with a brief explanation of what Reg CF equity crowdfunding is and why it is significant. Isaac explains that minorities, including African Americans, often face difficulties raising capital for their businesses, with limited access to loans and venture capital. However, the JOBS Act, initiated by former President Barack Obama and Vice President Joe Biden in 2012 and enacted in 2015, allows any person to raise capital from the general public for their business, regardless of net worth or annual income, up to $1 million. This regulation has opened doors for entrepreneurs like Isaac to raise funds from non-accredited investors and support their sm