Thor Monsted: CleverAdam Is Denmark’s Latest CrowdLending Platform

Thor Monsted (CEO at CleverAdam.com) | CleverAdam.com

Tell us about yourself?

I have worked with Project Management (Software, SaaS, digital products, fintech & electronics) for 15 years.

I have also worked as an entrepreneur for 5 years now – Developed and grown four tech start-ups, exiting three of them.

More info here: https://www.linkedin.com/in/thormonsted/

What do you think is the single biggest misconception people have when it comes to startups?

That it is an easy thing to be successful in!

Too much focus on the idea and too little focus on cash flow, the business model, and problems they (might) solve.

If you could go back in time to any moment from your journey, and give yourself one tip, what would it be?

Go back 10 years and say “Hi Thor – Quit your job and focus on entrepreneurship and solving problems that you have experienced”.

What makes you stand out as an entrepreneur?

I have a special ability to find solutions to problems, I understand both business and digital/hardware solutions.

I’m also quite impatient – I quit/skip ideas quite fast if they don’t work!

What are some of the best working habits you’ve gained over the past couple of years?

Working remotely as it is highly effective and flexible.

Give us a bit of an insight into the influences behind the company?

We create solutions to problems that we have experienced ourselves. We make it possible and easy for companies to raise money/funds directly from their own website and in their own name.

Where do you see your business in five years?

Stepping up from trending to leading solution European companies use for raising money/funds.

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And to also have a growing secondary marketplace.

What do you think the biggest challenge will be for you in getting there?

Getting access to great clients/companies that do something good for the world and/or make people happy.

Talk to us about your biggest success story so far?

Building, launching, and scaling a real estate crowdlending platform via pure bootstrapping and without the need to licence from the Danish FSA.

Digitising an electronic factory (Electronic Manufacturing Services).

How do clients and customers find you? Are you much of a salesperson for yourself?

Via our personal LinkedIn profiles, via our blog, and via our website.

What one tip would you give to fellow startup founders?

Just do it. If you have it in your heart, then start today.

And finally, what do you hope the future brings both you personally, and your business?

Growing business for our clients and for us.

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