Adrenaline rushed through the veins of Utah’s brightest entrepreneurs, this past Saturday, as they set up their trade show booths for the 2021 RevRoad Entrepreneur Competition, sponsored by Central Bank of Utah.
Continue readingCreating a Social Media Content Strategy
The first step in any successful social media campaign is creating a content strategy. Start with setting a growth goal, creating audience persona, and building a brand guide. Then, set up a content calendar!
Continue reading2021 Q3 Onboarding: Get to Know Our New Portfolio Companies
This week RevRoad welcomed three new companies into its portfolio: The Simple Associate, Hypercraft, and Localeyes. RevRoad’s application process is intentionally extensive in order to match ourselves with companies that we can help successfully grow. While paying close attention to various KPI’s and projections, RevRoad also takes immense care when interviewing and getting to know the leadership teams of each company. After-all, great leaders build great companies. So, let’s dive in with an insider look at the newest RevRoad portfolio companies.
Continue readingRevUniversity: Lessons from Brad Bonham
Bonham is the CEO and Co-founder of Walker Edison, which is on track to earn about $800M this year, and was recently voted Utah’s 2021 CEO of the year.
Continue readingUtah: The Rising Hub of Billion Dollar Companies
What is happening in Silicon Slopes? Recently, the RevRoad Venture Services team, local to Utah, uncovered reasons why the desert state is the perfect location for tech companies to thrive…
Continue readingThe RevRoad Rally: What You Missed
On Wednesday, June 9, RevRoad hosted their 3rd Annual RevRoad Rally event! We invited local businesses, organizations, and entrepreneurs to give back and enjoy a night out as we welcomed the summer. RevRoad Rally is a free event designed for families, community members, and city partners to join RevRoad and entrepreneurs from around the valley. This year’s Rally was a brilliant success with over 3,000 attendees! Read on for some event highlights!
Honorary Guests
One of RevRoad’s main goals in hosting the Rally is to honor Utah’s community of people with special needs and help them create unforgettable memories. It’s a unique opportunity for all members of the community to feel included, get involved, and build relationships. At the event, we hosted a catered dinner for our special needs guests from Medallion Manor and Topham’s Tiny Tots Care Center. After the dinner, we took Polaroid photos of them, gave them T-Shirts and Swag Bags, and allowed them to see the cars before the rest of the community arrived. It was the highlight of our night!
Car Show
This year, we had our biggest car show yet with about 200 cars at the Rally! We had rows of Camaros, Model A’s, limos, buses, and all kinds of custom and vintage cars. It was a great time for people to take photos and meet other car-lovers.
Kids Events
Chalk the Block: Families joined chalk artists as they created beautiful masterpieces in real-time.
Kid’s Car Wash: Our friends at Wiggy Wash were so kind to put together a fun and refreshing kids car wash. As the kids sat down in their “car” (tricycle) they pedaled through pool noodles and sprinklers for their car (and body) wash!
Train Ride: Children were lined up to go on a motor-operated kids train ride. Cars, helicopters, and trains– we had it all!
Dinner
With a team of RevRoad staff members, our portfolio companies, and community volunteers, dinner was prepared for the first 2,000 guests that attended the Rally! They made fresh hotdogs and had a sack lunch of water, chips, and a cookie.
Helicopter Candy Drop
We ended our evening with a crowd favorite, the Helicopter Candy Drop. Ryan Bacher, from RaceReady, got into his Helicopter at 7:30 pm. As the Helicopter whirred around the park, you could find children running back and forth before the drop. Once the helicopter had reached a safe hovering height, they dumped thousands of pieces of candy. There was nothing but excitement as kids ran to collect their candy!
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If you missed the RevRoad Rally this year, we can’t wait to see you next year! You can also see video footage of the event on our Instagram.
Startup Leadership: Principles and Attributes of Successful Leaders
Whether you are a founder, a manager, or a startup employee, possessing strong leadership skills will help your company and career. A unique aspect of being a startup founder is being a different kind of leader at various stages of the company. As the business grows, the role of the leader will evolve and adapt in these four basic stages of startup leadership:
Continue readingSavology Launches Premium Financial Planning Memberships
Savology Plus adds powerful premium features to Savology’s popular free financial planning platform
OREM, Utah — Savology, a financial technology company providing accessible financial planning to American households, today announces the official launch of Savology Plus, a digital financial planning membership.
“We’re thrilled to have helped tens of thousands of American households build free financial plans since launching in late 2019,” said Spencer Barclay, Savology Founder and CEO. “Savology Plus builds on that success by adding robust premium capabilities that drive lasting financial change for our users.”
In addition to the popular financial planning capabilities available with Savology’s free plan, Savology Plus members can take advantage of the following premium features, starting at $8 per month:
- Connect financial accounts into Savology for real-time plan updates and more actionable recommendations
- Live chat with financial coaches for expert guidance and personalized advice
- Share accounts with spouses, partners, or financial professionals, for increased accountability
- Advanced gamification to encourage and reward progress
“We asked our users what else they wanted to see in Savology, and we kept hearing the same answers over and over,” said Barclay. “Overwhelmingly, our users wanted access to financial experts, they wanted their financial data pulled into their plans automatically, and they wanted the ability to share their accounts with people in their support network. I’m excited for Savology Plus to deliver on these requests and more.”
For more information about Savology Plus, visit savology.com/plus.
About Savology:
Savology is a venture-backed startup on a mission to improve the financial well-being of millions of American households by making financial planning more accessible, actionable, and effective than ever before. In addition to their powerful consumer-facing financial planning platform, Savology enables employers to affordably provide employees with effective financial planning. Savology, based in the Silicon Slopes of Utah, was founded by serial entrepreneur Spencer Barclay in early 2019. To learn more, visit www.savology.com.
For media inquiries, please contact Jud Kennedy at 309503@email4pr.com or 801-647-7749.
SOURCE Savology
Selecting the Next Unicorn Startup Company with 100% Accuracy
How does one select unicorn companies? For most, it’s a numbers game. The more companies you bet on, the higher likelihood of selecting winners. This is true to an extent, but we’ve always tried to be more purposeful than that. The #1 thing we have recognized is of pivotal importance is the…..
Continue readingHow to Validate Your Solutions for Free Using Prototype
Imagine you’re an investor, and you’re meeting with two emerging startups. Company #1 comes to you with a promising idea and explains how their app will work, and then invites you to invest $100,000. Company #2 comes with a prototype of their app. Although the design is not perfect, it’s easy to understand the concept, and you got a visual idea of the user experience that looks professional. They also ask for $100,000. Out of the two companies, which would you choose? Which one are you?
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