In addition to membership benefits, YEC offers access to educational materials featuring successful entrepreneurs. [Note: The full benefit is YEC members only — click here to find out if you qualify — though everyone can find more videos on our YouTube channel, here.]

In this video clip, Dan Price, founder and CEO of credit card processing company Gravity Payments, explains why you need endorsement, not just acceptance, from company stakeholders when making a big change. Getting the opinions of as many stakeholders as possible as early as possible is important because it helps everyone get on board.

If they’re just willing to go along with your change or trust you on it, typically it won’t work. You actually need them to be endorsing it and ideally just as excited about the change as you are.”

More about our expert: Raised in rural Idaho miles away from the closest neighbor, Dan Price founded Gravity Payments from his university dorm room at just 19-years-old. Although music was his passion growing up, Dan’s lifelong mission became apparent upon witnessing thousands of hard-working small business owners being overcharged and underserved by their credit card processors.

Dan built his company on values of honesty and transparency instilled upon him during his rural upbringing. These simple values have set Dan and his company apart from others in the industry, making his company the most trusted name in merchant processing. Today over 13,000 independent businesses across all 50 states trust Gravity to save them millions in fees and hours in frustration by making it easy and simple for them to accept payments.

Follow Dan on Twitter and LinkedIn.

YEC members: Discover more great content at education.yec.co.

LOCATION

YEC Young Entrepreneur Council
745 Atlantic Avenue
Boston, MA 02110

CONTACT US

info@yec.co

LOCATION

YEC Young Entrepreneur Council
745 Atlantic Avenue
Boston, MA 02110

CONTACT US

info@yec.co

© 2017 CommunityCo, Inc. All rights reserved. CommunityCo™, SimpleBusiness™ and YEC® and the other denoted terms and the related trade dress are a non-exclusive list of the trademarks of CommunityCo, Inc. in the U.S. and/or other countries. CommunityCo’s trademarks and trade dress may not be used in connection with any product or service that is not CommunityCo’s, in any manner that is likely to cause confusion among customers, or any manner that disparages CommunityCo, Inc. This site contains the trademarks, service marks, and logos of third parties and such trademarks and service marks are the property of their respective owners and not owned by CommunityCo, Inc. Such third party trademark owners may or may not be affiliated with, connected to, or sponsored by CommunityCo, Inc. These third party marks include but are not limited to Forbes®, which is a registered trademark of and the property of Forbes Media, LLC and Men’s Health®, which is a registered trademark and property of Rodale, Inc.

Share This