Connect with us

News

“Wolf of Wall Street” Works to Help 70 Million Americans with Records

kokou adzo

Published

on

Richard Bronson Commissary Club

We talked to Richard Bronson of Commissary Club on how they are helping Americans with criminal record to have a successful reentry.

First of all, how are you and your family doing in these COVID-19 times? 

Richard Bronson: Thank God, we are all fine. Like everyone else, it’s been a very challenging time, but we have been careful to follow doctors’ recommendations regarding staying safe.

Tell us about you, your career, how you founded Commissary Club.

Richard Bronson: I’m from NY, and I used to work on Wall Street, where I was very successful. At one time, I was a partner at the infamous “Wolf of Wall Street” firm. I left and founded my own financial services firm and grew it into a $100 million business. Unfortunately, I broke some laws along the way, and, despite having paid everyone back, I was rightfully sent to prison. I have no excuse–I was greedy and stupid and paid the price. It was very hard for me to get back on my feet when I was released from prison. I was destitute and homeless, but I found my calling in life: help others have better chances for successful reentry. So I launched 70 Million Jobs.

How does Commissary Club innovate? 

Richard Bronson: When we launched, we were the first national, for-profit employment platform for people with criminal records. The reentry space was old and sleepy and ready to be disrupted. We employed technology never used before and brought a for-profit business approach that was new. Almost no one–including venture capital firmsthought this approach would work, but in three years, we helped thousands of deserving men and women land jobs.

How the coronavirus pandemic affects your business, and how are you coping? 

Richard Bronson: When the pandemic hit, companies laid off all of our people and stopped hiring new candidates. The jobs we specialize in (manufacturing, warehouse, and shipping, construction) can’t be worked from home, so it was devastating to our workers and our company. We had a choice to either close the business or go to Plan B, which we chose. It was always my dream to build the first social network for the 70 million Americans (and their families) with criminal records. We are now launching (in beta) that social network: Commissary Club (Commissary.club).

Did you have to make difficult choices, and what are the lessons learned? 

Richard Bronson: I’m on the old side to be a tech founder (I’m 66). I was brought up to expect that life would be hard, so I’m never surprised when there are bumps in the road. And after going to prison, I can handle almost anything. I’ve learned that if I approach situations honestly, with good intentions, somehow they always seem to work out well. Not necessarily how I expected them, but positively, nonetheless. 

How do you deal with stress and anxiety, how do you project yourself and Commissary Club in the future? 

Richard Bronson: My approach is to tough things out, through force of will. I haven’t been able to go to the gym throughout this period, which I miss. Luckily, I’m blessed with a team that shares my passion for helping people who are going through such tough times. Very often, they are true heroes; we feel honored to be able to work with them. That’s what gets us through the day.

Who are your competitors? And how do you plan to stay in the game? 

Richard Bronson: You’re never supposed to say you don’t have competition, but we really don’t. Other than us, no one markets to the population we do. But I don’t worry about the competition. As they say at Y Combinator (the early-stay investor and accelerator program), companies aren’t killed; they commit suicide. In other words, don’t worry about the competition. Keep your head down and build your busy every day. That’s all you can and should do.

Your final thoughts? 

Richard Bronson: Dare to dream big! Try to hit homeruns. The only difference between you and those very successful is they took chances when they had to. And approach things with love in your heart. 

Your website?

http://Commissary.Club

Kokou Adzo is the editor and author of Startup.info. He is passionate about business and tech, and brings you the latest Startup news and information. He graduated from university of Siena (Italy) and Rennes (France) in Communications and Political Science with a Master's Degree. He manages the editorial operations at Startup.info.

Advertisement

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Read Posts This Month

Copyright © 2024 STARTUP INFO - Privacy Policy - Terms and Conditions - Sitemap

ABOUT US : Startup.info is STARTUP'S HALL OF FAME

We are a global Innovative startup's magazine & competitions host. 12,000+ startups from 58 countries already took part in our competitions. STARTUP.INFO is the first collaborative magazine (write for us ) dedicated to the promotion of startups with more than 400 000+ unique visitors per month. Our objective : Make startup companies known to the global business ecosystem, journalists, investors and early adopters. Thousands of startups already were funded after pitching on startup.info.

Get in touch : Email : contact(a)startup.info - Phone: +33 7 69 49 25 08 - Address : 2 rue de la bourse 75002 Paris, France