CTD Podcast with Charlie Davis

MOXEY

Charlie Davis, CEO of Moxey, shares with Ewell Smith how Moxey Dollars boost business to business sales to increase your bottom line

Understanding Moxey's Business Model 

Moxie operates as a platform that encourages local businesses to thrive by using a private currency system, Moxey dollars, to facilitate transactions among businesses within the network. The platform aims to complement traditional cash flow, adding approximately 10 to 20 percent to a business's top and bottom line by bringing in new customers.

Challenges and Vision for Expansion

Charlie highlights the challenges in educating the market about Moxie's innovative business model. Despite initial hurdles, Moxie envisions becoming a nationwide network where businesses and consumers can easily transact using Moxey dollars, fostering local economic growth and community support.

Benefits for Businesses: The Moxey Advantage

The conversation emphasized how Moxey benefits businesses by providing interest-free lines of credit and introducing new customers into the network. Businesses can expand their customer base and revenue streams while maintaining quality service and customer satisfaction.

Onboarding Process and Opportunities

For businesses interested in joining Moxey, the process involves reaching out through their website, MoxeyUSA.com, and filling out an application. While referrals are prioritized, Moxey welcomes businesses looking to explore opportunities within the network, especially in markets like New Orleans and other potential expansion areas.

Advice for Entrepreneurs: Persistence and Focus

Charlie shared valuable advice for entrepreneurs, emphasizing persistence, focus, and niche specialization as key factors for success. He encouraged entrepreneurs to embrace the challenges and rewards of entrepreneurship, highlighting Moxey as a tool that can empower local businesses to thrive.