Newchip: changing the world $100 at a time

If you have read any of the articles I’ve written for GOD TV, you know that I absolutely love startups, new technology and entrepreneurship. I believe that Christians possess a unique advantage over all other entrepreneurs and startup founders, and that is the power of God. Obstacles, challenges, and problems, that all entrepreneurs face can be met head on and overcome with God as our business partner. I’m not saying it will be easy. Nothing comes easy in life. But if we, as Christians, have revelation of the power of Christ within us we can change the world and our future is limitless.

I can do all this through him who gives me strength.
– Philippians 4:13

Recently I had the opportunity to sit down with Ryan Rafols, the founder and CEO of Newchip. I’ve worked as an advisor to Newchip since the company was just an idea in Ryan’s brain. What attracted me to Newchip are two distinct things: 1. Ryan is a passionate Christian entrepreneur with the motivation and ability to change the world, and 2. the company is innovating in a massive way.

Newchip is the marketplace for equity crowdfunding. Their app makes it possible to discover the best startup investment opportunities across all crowdfunding platforms. Their software learns what you like and don’t like so you can discover investment opportunities that are going to be the best fit for you personally. Thanks to recent regulatory changes, non-accredited, average American investors can now invest in startups. You can personally own stock in an early stage startup that you care about. Previously, the startup asset class was reserved for the top 1% of investors. So, this is a really big deal.

Why is this a big deal? Well, let’s take Uber as an example. We’ve all heard of Uber. Everyone I know uses Uber. It is one of the highest valued private companies in the world and an one of the most successful startups in history. Did you know that if you invested $100 in Uber when it was first getting started that your $100 would be worth $100,000 today? Think about that for a moment! I would have gladly invested $100 in Uber if it was an opportunity available to me at the time, but it wasn’t. And that’s exactly what Newchip is doing. They are making it possible for average investors and normal people like you or me to discover the best startup opportunities to invest in.

Ryan’s energy and passion are contagious. He gives all the glory to God and offers some really powerful insights on life, faith and business. Watch Ryan’s story above to hear for yourself and I bet you’ll be inspired. And check out Newchip to be a part of the crowdfunding movement.

Visit Newchip to learn more! 

What really sealed the deal for me and brought me really close to God was actually giving up on myself.
Ryan Rafols

This post originally appeared at godtv.com on July 5th, 2017.

PRAMOD JOHN

Hello Ryan and team Startuprevival,
That is a great scripture Ryan quoted from Ecclesiastes. Here is a grain of an idea that I would like to send across the oceans. I was travelling by bus one day in Kochi, India when I saw an Ambulance labor to get past the traffic jam we were in. I thought to myself – you had to have a helicopter to ferry that patient in this situation. The fact is, if city roads are congested and in poor condition, and in fact, the media reported the death of a child in a situation similar to the one I described, the ambulance will be no good. So what if you had an air ambulance with the speed of an attack helicopter and paramedics trained with the precision and speed expected of a commando rescue team to airlift emergency cases to hospitals? Admittedly costs is the number one factor that makes this idea sound fanciful. Also, I just saw a service called Air Ambulances that works in this field-yet they seem to operate only planes and that too- only above 250 miles. To me that sounds elite and not present to day to day emergency needs. But also, if a day of catastrophic disaster happened, I can see that the service rendered by this Helicopter Ambulance team would be crucial to saving lives.

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Matt Bell

Sounds like an interesting idea! I know that drones are now being used in emergency medical support. Perhaps costs could be reduced through autonomous drones. That could be a really interesting use of drone technology.

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Pramod John

Thanks Matt for the encouraging and thought provoking comment. It is an honour to get a word of appreciation from veteran business people.( My comments penned yesterday could not be uploaded due to an internet problem-so here I am re-writing them.) I don’t know the business fundamentals needed to make this a viable project proposal. I know only to ask myself this all-encompassing question “What would move this idea past its conjecture to a viable business model?” Technology limitations- we do not yet have a driver-less car- so far as I know. Airplanes have maybe 100 % autopilot capacity but yet the pilots are in manual control. Functional limitations- the drone needs to carry people. How is the risk of a flyaway to be mitigated? There are auto taxis about to be pressed into service in Dubai. This followed the implementation of the driverless metro. I wonder how they did it. Hopefully, informed consent of passengers will be taken. Public perception- from the point of view of the average denizen in Kochi, we are just looking upward to see the metro come to pass. Mooting the idea of an air ambulance in a place where at best there is a vintage helicopter seen ferrying VIPs would be seen as non-viable business wise. (Like Da Vinci who seems to have invented almost a functional design of a helicopter long before the rotor technology was invented. They may have laughed at him then.) Operational costs for aviation – as far as I know, must be in large part-due to aviation fuel expense. I do not know what power sources drones could use to make them cost-effective as well as functionally adequate. Business climate- my state is considered challenging terrain for establishing business. But very many people here died recently when the Okhi cyclone happened. Helicopters from the Indian Navy worked in dangerous weather conditions for rescue. It is on my heart that our coastal states and least represented people are most vulnerable to such disasters. Someone must stand for such ideas as what I just mooted in A & E Medicine support and make a difference as soon as practically possible.

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Pramod John

Thanks Matt for the video and the update. I can see now how the air taxis in Dubai became a reality. I agree this conversation should be posted on the group.

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