Only when you’ve done your time in startups can you offer the kind of support Rex has created for other fintech founders. Find out how. Nicole and Rex dive into why conversation is the key to understanding a founder’s goals, why bringing together is a major high point to his working day, and why writing the second biggest check leads to way more collaboration. And our sponsor MainStreet is making it easy to find thousands of dollars worth of R&D Tax Credits. You only need to plug MainStreet into your payroll and let their team of experts do the heavy lifting, scanning hundreds of federal, state and local tax credits on your behalf. It’s going to save you so much time and your company so much money. Head tohttps://mainstreet.com/tax-credits/?utm_source=workweek&utm_medium=social&utm_campaign=workweek-podcasts&utm_content=podcast ( MainStreet.com) to sign up for their limited time offer. And if you love listening to Humans of Fintech, please leave me a 5-star review on Rate My Podcast: https://ratethispodcast.com/humansoffintech (https://ratethispodcast.com/humansoffintech)
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You can keep up-to-date with everything Humans of Fintech at https://workweek.com/brand/wtfintech/ (https://workweek.com/brand/wtfintech/)
And if you’ve enjoyed Humans of Fintech why not try: Chicks of FinTwit, Tech Unlocked, Breaking Banks or Fintech Insider
Timestamps: 0:00 Intro 03:16 How to Build With Understanding 04:14 Bringing People Together 05:21 The Benefits of Authenticity 07:48 All The Uncontested Opportunities Out There 11:37 Rex’ Unique Position 16:04 Find Your People 18:51 Not Always The Mentor Role 19:22 Leveraging The Community 27:13 Fintech Versus The Big Five Why Fintech Founders Need Community
Fintech and financial services are words on the lips of everyone in the industry. Everyone is talking about how these emerging technologies are going to change the world. And, everyone is right. Fintech and financial services have come to stay and drive disruption in every industry they enter. To succeed as a fintech founder, you need to build your company with users and communities in mind. Your product will be part of their lives, so you need to include them in its creation from the beginning. In this blog post, we’ll explain why fintech founders need community as much as they need funding and lawyers. Then, we’ll explore why it’s important to build your company with users and communities in mind from day one as a fintech founder. Why Fintech Founders Need CommunityThe meteoric rise of fintech has come with its fair share of challenges. Fintech investors are investing in disruption and they expect high returns. Fintech founders are asked to change the finance industry as we know it with limited resources. This can be both exciting and terrifying. A fintech founder needs to find the right balance between creating a useful product and marketing that product. They need to find the right balance between talking to users and talking to investors. Fintech founders need to be able to manage product development, marketing, sales, and other aspects of the business all by themselves. Communities of users, partners, investors, and journalists can help fintech founders manage these aspects of a business. A strong community can help you reach your target users, expand your product offering, and create brand awareness. Communities can help you launch and improve your marketing campaigns, too. Why You Should Build Your Company With Users And Communities In MindIf you’re looking to grow your fintech business, you need to build your company with users and communities in mind from the very beginning. Here’s why:...