Ending Soon! Save 33% on All Access

These Philly Entrepreneurs Know the Value of Filling a Room With Creatives and Culture Here's how a co-creative space can solve problems and generate success for local artists.

By David Meltzer

Opinions expressed by Entrepreneur contributors are their own.

William Toms and David Silver, co-founders of REC, talk about how their dream has evolved from hosting their first music event and hoping to make $10 to building a 10,000-square-foot facility for local artists, musicians and creators. The duo share their thoughts on some of the challenges they faced fundraising for their venue and how tweaking their investment structure helped them secure the funding they needed to ultimately build their community of creators.

Toms, Silver and The Playbook David Meltzer discuss some of the challenges associated with pitching an idea for investment, how to handle hearing "no" and making the most of your work/life integration.

Related: How to Make the Impossible a Reality

David Meltzer

Co-Founder of Sports 1 Marketing, Speaker, Author and Business Coach

David Meltzer, co-founder of Sports 1 Marketing and host of Entrepreneur's podcast, “The Playbook”, is a Top 100 Business Coach, global public speaker and three-time international best-selling author who has been honored by Variety as “Sports Humanitarian of the Year”.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from The Playbook

This Yogi, Mystic and Founder Explains How to Become One With Everything, Understand Your Destiny and Live a Long Life

How This Water Company Is Helping the Environment by Eliminating Plastic Waste

3 Things Investor Look for When They Hear Your Pitch for the First Time

The Future of Lacrosse and Sports Media With Paul Rabil

Management

Be a Coach, Not a Referee — How to be a Good Mentor and Manager from a Coaching Perspective

Good mentors are invested in improving the people who rely on them for guidance.

Business News

Here Are the Books on Bill Gates' Summer Reading List

The four books recommended by the Microsoft founder all "touch on the idea of service."

Business Solutions

Improve Your Work Computer with Windows 11 Pro for Just $25 Through May 31

Set yourself up for success with access to this operating system's advanced security, collaboration tools, and ongoing updates.

Leadership

8 Subtle Hints that People Don't Respect You — and How to Fix Them

While you have to earn respect, you don't have to deal with disrespect in the meantime.

Marketing

Social Media Savvy CEOs Are the Ones Impressing Customers. Here's How to Make Yourself (and Your Brand) Memorable.

CEO impact goes beyond the boardroom. Learn how executive visibility affects your brand and why a strong leadership branding strategy is so critical to your bottom line.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.