Charlotte Angel Connection Episode 107: Desmond Wiggan, Co-Founder and CEO of BatteryXchange

This week we welcome Desmond Wiggan, a co-founder and CEO BatteryXchange to the podcast.  Like many entrepreneurs Desmond’s business model was disrupted as a result of Covid19.  As an African American entrepreneur, he also engaged in the community promoting equality for minority founders and changing the narrative for minorities in technology.  He’s also a new father. You’ll quickly learn that tackling all these things is just what Desmond does – he’s a fantastic person with great drive and self-awareness. Desmond was kind enough to talk through his journey with us.  In many regards, it started out with him running track in college.  Through his track team, he was able to learn how to be a leader.  He took that leadership and the know-how of doing what has to be done to win to the corporate world.  After spending time with Pepsi, Desmond took the opportunity to travel to China for his MBA. In the Spring of 2018 – just before leaving China - Aubrey Yeboah and Desmond developed the concept for BatteryXchange out of convenience of needing a charged battery for their cell phone. BatteryXchange is an IoT technology company that connects people, businesses, and communities to things that matter to each entity the most. On our podcast, Desmond discusses their business model pre-Covid and how they had to pivot to focus on businesses in the essential worker spaces including healthcare and public transportation.  He talks about crowd funding and shares his story of the hurdles of starting a new business as a black man.  We also discuss Desmond’s involvement with the Black Entrepreneurship Council, a new program initiated this summer through NC IDEA. It’s a great podcast, listen to the importance being a part of a community, globalization, and their core mission, to keep people connected. For those wanting to learn more about BatteryXchange and Desmond, register for an opportunity to meet the team, learn more about their products and understand their investment opportunity.  Registration can be found here – www.bxesummit.com/summit2020   William Bissett is the owner of and an Investment Advisor Representative of Portus Wealth Advisors, a Registered Investment Adviser. Registration does not imply a certain level of skill or training. Opinions expressed on this program do not necessarily reflect those of Portus Wealth Advisors. The topics discussed and opinions given are not intended to address the specific needs of any listener.   Portus Wealth Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.  Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under applicable state and federal regulation or an eligible employee of the management company. There generally is no public market for the Interests. Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.