Ep. 48 Legal & Financial Tips for Startups with Dar’shun Kendrick
03/25/25
In this episode of the DO GOOD X podcast, hosts Kimberly Daniel and Stephen Lewis welcome Dar’shun Kendrick, attorney and founder of Kairos Capital Legal Advisors, for a deep dive into the world of entrepreneurship, raising capital, and business law. Dar’shun shares the pivotal experiences that have shaped her career and offers crucial advice on when entrepreneurs should seek legal counsel and what to look for in a law firm. She also discusses her ambitious goal of creating 100 new millionaires by 2032 and the common mistakes entrepreneurs make when trying to raise capital. Kimberly and Stephen reflect on the powerful takeaways from the conversation and encourage listeners to explore resources at DO GOOD X. Are you ready to take your business to the next level? Discover expert tips on funding, networking, and strategic growth—tune in to this episode today!
In This Episode
- (03:51) Dar’shun’s experiences that informed her career choices and she shares when to seek legal counsel
- (06:30) What to look for in a law firm and creating 100 new millionaires by 2032
- (09:38) Common mistakes that entrepreneurs make when trying to raise capital
- (15:00) Dar’shun discusses how she balances her schedule and the tools she recommends to an entrepreneur, and advice she gives to early stage startups
- (24:32) Dar’shun answers the “off-the-cuff” questions
- (29:10) Kimberly and Stephen discuss the inspiration they received from this podcast and refer listeners to Head to DO GOOD X to explore resources
Key Takeaways
- Entrepreneurs should engage an attorney as early as possible to avoid costly legal and financial mistakes. Whether raising capital or structuring a business, having the right legal and financial team in place is an investment that pays off.
- Many entrepreneurs struggle with securing funding because they lack the right team, get impatient, or fail to leverage their existing networks. Building a solid support system, understanding that capital raising is a marathon, and using personal and professional connections strategically can significantly increase the chances of success.
- Under-resourced entrepreneurs should partner with aligned organizations to avoid reinventing the wheel. Mission-driven entrepreneurs should focus on building a supportive community that can evolve, making it easier to raise capital and grow their ventures.
About The Hosts
Kimberly R. Daniel
Kimberly R. Daniel catalyzes entrepreneurs and organizations to do good. She is co-founder and project director of DO GOOD X, a community that provides programs and support for faith-driven social entrepreneurs whose businesses focus on positive change. Kimberly also helps purpose-driven organizations clarify and design compelling brand and communication strategies. With over 15 years of experience developing and leading communications efforts, she is committed to producing effective processes and creating authentic, “sticky” brands that are community-centered. In addition, Kimberly has nearly ten years of experience as a certified life coach. She has facilitated workshops, spoken to communities, and written about innovation and entrepreneurship centered on social impact. She co-authored A Way Out of No Way: An Approach to Christian Innovation (2021). She is deeply passionate about purpose, meaning, and the common good in any aspect of her work.
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Stephen Lewis
Stephen Lewis is the president of the Forum for Theological Exploration (FTE) and the creator and co-founder of DO GOOD X. This community provides programs and support for faith-driven social entrepreneurs whose businesses focus on positive change.
He is an organizational change strategies and leadership development specialist focused on inspiring the next generation of faith-inspired leaders and entrepreneurs to live and work purposefully. Stephen co-authors Another Way: Living and Leading Change on Purpose (2020) and A Way Out of No Way: An Approach to Christian Innovation (2021).
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