LA Venture Podcast

EPISODE 065

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Andrew Glazier — Defy Ventures

October 14, 2020

Pre-Seed

Pre-election must listen.  Andrew Glazier is the CEO of Defy Ventures and runs an incredible entrepreneurship program for incarcerated entrepreneurs. We talk about developing an entrepreneurial mindset and the need for criminal justice reform.

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Full transcript

Andrew Glazier is the CEO of Defy Ventures. Defy Ventures is a non-profit that works with incarcerated and formerly incarcerated entrepreneurs. They have an inspiring entrepreneurship program and also a new fund that helps fund entrepreneurs coming out of prison. Unlike many accelerators or venture funds, Defy goes really deep on the personal coaching and operates on the premise that being a successful entrepreneur is about building the right mindset of belief in oneself and courage. I've seen the program in action and I think they're going to be a ton of lessons we can all learn from Andrew today.

Andrew, thank you so much for coming on the podcast and thank you for the great work that you're doing. Thanks, thanks for having me. I'm excited to be here. Well, I love Defy ventures, as you know, but maybe you could just start with telling us more. It's it's not like a lot of the the VCs that I have on the show. So give me some of the basics of the program you're running.

Yeah, absolutely. So we are a national nonprofit and we work with currently and formerly incarcerated adults. And we use entrepreneurship to change mindsets, to get people with criminal histories their best shot at a second chance. So, you know, when we start with people who are incarcerated, what we're doing with them is we are hooking them in with this idea of starting a business to be a successful entrepreneur, you have to believe you have something to give the world, something to sell.

Once people come out, we continue that support for them initially with the reentry and career support. But then eventually, for those who do wish to pursue that business, we provide continued training and then we have an accelerator program where we really look to find some of what we call entrepreneurs in training or EITs, and we select them for the accelerator program. And then with the help of volunteers like you, we're able to then work with them to launch a small business. Great, so many questions.