‘Philanthropreneur’ Develops a New Platform for Giving
Each month the James J. Hill Center interviews 1 Million Cup presenters for the Startup Showcase feature in the Pioneer Press. Recently we connected with presenters Billy Weisman. See interview as seen in the Pioneer Press Startup Showcase on February 10, 2017.
In 2016, $390 billion was given to charitable causes. With the growing amount of options to give, convenient and efficient tools are needed to help individuals and organizations manage their dollars. According to Winspire, 62 percent of all donors worldwide prefer to give online. Those numbers were proven in 2017 with online giving growing 11.4 percent higher than was predicted.
Billy Weisman the creator of DoTopia believes ease that giving can change the world and has not only created a digital giving platform but an entire new kind of currency.
Name: Billy Weisman
City you live in: Split time between Minneapolis, Aspen and Miami
City of birth: Minneapolis
High school attended: St. Louis Park
College attended: University of Minnesota
Name of company: DoTopia
Business Start Date: 2013
Number of Employees: 8
Q. What led to this point?
A. I am a serial entrepreneur and now a philanthropreneur. As a third-generation entrepreneur, I created and operated 10 successful businesses from the ground-up. My largest endeavor, Weisman Enterprises, grew to $500 million in managed revenues by generating value for the likes of Target, Home Depot and Coca-Cola by connecting the boardroom to the street. I have always been passionate about making the world a better place through philanthropic ventures and involvement on various boards. Believing in the power that each individual can change the world, my latest venture empowers people to make giving part of their lifestyle and expand the opportunities for individuals and businesses to support nonprofits.
Q. What is your business?
A. DoTopia is a digital giving platform that connects to over 1.6 million nonprofits. DoTopia seeks to make giving more efficient for individuals and businesses by creating a common currency for common good called DoDollars. We work with HR, corporate social responsibility and marketing teams to create giving solutions and campaigns that inspire employees, foster customer loyalty and advance workplace values. Additionally, any individual is able to set up their own Personal Giving Account. Each user creates an account to manage their giving in one place. Individuals can create giving goals, print off tax receipts, gift DoDollars, and add more funds with just a couple clicks of the mouse. Our goal is to keep your giving process as easy as possible. We believe in more givers, giving more and that every gift matters.
Q. Where do you go for help when you need it?
A. It truly depends on the kind of help I am seeking. For business inspiration, nature or wilderness is where I find my peace and inventiveness.
Q. What is the origin of the business?
A. After raising my family, growing and selling five startups, as a hobby, I personally challenged myself to create a better giving model. DoTopia is a social venture that amalgamates my passions for business and philanthropy.
Q. What problems does your business solve?
A. DoTopia provides a new and unique way to include your employees and customers in your company’s philanthropy initiatives. Corporations give away billions of dollars a year and most often a few employees have a say in where the money is going. With DoTopia, brands get more out of their philanthropic investments by driving loyalty and affinity using philanthropy as an engagement tool essentially saying: “we care about the causes that matter to YOU.”
We also make corporate giving easier for brands by managing all of the charity disbursement, payroll deductions, volunteer tracking, and tax receipts in one platform. We have found many businesses are still doing this manually and it is very taxing on the individual or team who is required to manage the program….READ FULL ARTICLE
You can hear from startups like this one each Wednesday, 9-10 a.m. at the James J. Hill Center during 1 Million Cups St. Paul. The James J. Hill Center is a nonprofit in downtown St. Paul that provides access to business research, educational programming and a place to work. The Hill is open to the public 8AM – 4PM, Monday-Thursday. To keep updated on what startup is presenting next or to apply to present, visit www.jjhill.org.