Superpowers for Good
Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd.
#189: Entrepreneur Puts Human Trafficking In His Sights
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#189: Entrepreneur Puts Human Trafficking In His Sights

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December 29, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1vnjfzF. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Joe Schmidt has had a lot of success in his life as an entrepreneur. At this stage of his career, he could be doing just about anything he wants, including nothing. That’s what makes Schmidt’s new venture so interesting. Schmidt has launched a nonprofit crowdfunding platform called ENDcrowd for the express purpose of ending human trafficking around the world. As the founder of the successful internet business Canvas on Demand, Schmidt may be just the guy to catalyze the world to end slavery. Schmidt says, “The prominence and magnitude of the problem is astounding: An estimated 35.8 million people are the powerless victims of human trafficking,” citing the Global Slavery Index for 2014. “Human trafficking is estimated to be a $150 billion a year industry and is the world’s second largest criminal enterprise,” he adds, citing the International Labor Organization. Within the nonprofit community fighting trafficking a scary statistic is often cited, he says, “Nonprofits battling the issue operate on a comparatively minute budget of an estimated $100 million, combined – that’s a staggering 1 percent of the money generated yearly by the very industry they are fighting.” Please consider whether a friend or colleague might benefit from this piece and, if so, share it.

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