Summary: (http://www.patrickwiscombe.com/images/subscribeinitunes300x38.jpg)(http://www.patrickwiscombe.com/images/patrick4.jpg) In this edition of the Entrepreneur Addiction Podcast (http://patrickwiscombe.com/category/entrepreneur-podcasts/), we talked about: * Million dollar dumb ideas * The highs and lows of being an entrepreneur * Entrepreneurs behind the scenes * CEO's paint the vision for any company * Sifting through employee feedback * How Lendio got started * Angel investors vs. venture capitalists * The pros and cons of angel investors and vc's * Due diligence and playing the numbers * Raising money can be a pain Cool Voice Guy: Fueling your business success, this is the entrepreneur addiction podcast, breaking the small business loan news you need if you obsess about your company. Heard exclusively on Lendio.com. And now here are our your hosts: Brock Blake, Dan Bischoff and Patrick Wiscombe. Patrick: It’s the entrepreneur addiction podcast episode number six. Thank you as always for tuning us in and taking us along wherever and however you’re accessing the podcast, whether it be on Lendio.com or on PatrickWiscombe.com. Joining me for the podcast this week in studio is the CEO of Lendio.com. Brock Blake is here. How are you? Brock: Doing great. It’s been a few weeks. I’m excited to be back. Patrick: Yeah, we had a terrific interview with Joe Abraham last week. Brock: Yeah, he’s a stud. Patrick: He is an entrepreneur stud. Brock: He is. Patrick: I really enjoyed talking to him. In fact we brought him in via Skype, and we were looking at his picture. We don’t have a camera here, so he couldn’t see us. But, man, he just had that big old smile on his face. He was a cool guy. Director of communications Dan Bischoff is here in studio, in the palatial studio that is Lendio.com. How are you? Dan: Doing great. Traffic was good again, two weeks in a row. Patrick: I know. I must’ve been just ahead of you because I got stopped at 106 South. Brock: I must’ve been just behind you because I got stopped as well. Dan: Traffic makes for a good podcast by the way. Patrick: It does. Nothing more riviting than talking about things that people can’t relate to. (laughter) Dan: Before Lendio, Brock started funding universe, which helped business owner find VC money or angels investors. So, Brock, of all the angel investors you know… Brock: Uh, oh, here it comes. Dan: What would be the reaction if I came to them and said, “Hey, I have a great idea. I’m going to put a rock in a box and sell it as a pet rock for four bucks?” (laughter) What would the reaction be? Brock: I don’t think you’d get too many takers. That’s for sure. Dan: No? (Laughter) You know, everybody know about the Pet Rock probably, right? From the 1970′s, 1975′s. Patrick: Yeah, my sister, Marielle, had one. Dan: Oh, yeah. My siblings had some, too. They sold them for four dollars, right? Four bucks for a rock in a box. And the original one wasn’t even painted or anything. It was just in a box with some straw or some hay or something. The box had some holes in it, like it could breathe, you know. But for the first six months, the guy sold more than a million of these rocks. Patrick: At for bucks a piece! (laughter) Brock: So, this is from that article: The Dumbest Business Ideas of All Time that Made Millions. And number one was the Pet Rock. Number two is the Flowbee. Although, I don’t know. Patrick: I’ve always wanted to test the Flowbee. Brock: The Flowbee is a pretty impressive innovation. Dan: Have you ever done the Flowbee? Brock: I actually haven’t done it, but I’ve seen it done. Dan: I’ve done it. It kind of makes the head look like a tennis ball. All even, and round, and fuzzy. Patrick: The closest thing I had was a comb with razors in it. (Laughter) Brock: I think the most impressive thing about the Flowbee is that you don’t have to clean it up. Dan: Yeah,
