James Herbert is a serial entrepreneur and CEO of Hastee, the financial wellbeing benefit that helps employers get the best from their workers and workers get the most from their money. James set up his first business, Brightsparks, while studying Economics at Durham University. Connecting students with work opportunities through Brightsparks, James was inspired to find a fairer way for people to access their pay so they don’t have to miss out on life’s opportunities or get into debt when unexpected bills pop up. Hastee was founded in 2017 in an attempt to reduce financial stress and empower individuals. He figured out a way to use technology to distribute money to workers in real time so they wouldn't have to wait for a paycheck. What he didn’t realize was how much effort it would take to educate people that this was possible and important.

KEY TAKEAWAYS FROM THE EPISODE

• 01:25 How James started Hastee as a financial support
• 05:23 Managing workforces in the service and hospitality industry
• 18:48 Pivoting through different business models
• 22:49 Using data and feedback to develop insights into the business
• 32:27 Brainstorming product development
• 34:15 Building a dream team for your company

GOLDEN NUGGET FROM TODAY’S SHOW

James says, “One of the hardest things to do as a growing startup is maintaining balance. The best decision-making is usually done with the lens of opportunity cost."

CONNECT WITH JAMES

• Hastee - https://www.hastee.com
• Connect with James on LinkedIn - https://www.linkedin.com/in/herbertjames/

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• Send A Text: +1 (412) 207-3851

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ABOUT THE IDEAS LAST PODCAST

It has long been said that ideas are everything, especially in the startup world. But what if having a laser focus on your idea can actually hold your business back? In the Ideas Last podcast, Danielle Gillespie interviews startup founders, whose success came from obsessively, focusing on execution instead of ideation. Each episode dissects what it actually takes to build a long-lasting profitable startup, rather than simply launching - by putting your idea last.

Read more about the Ideas Last story - https://medium.com/@dgillespie_irl/ideas-last-a-new-way-to-startup-b94a585e35f5 #IdeasLast

DanielleGillespie #StartUpCoach #BusinessConsultant #JamesHerbert #Hastee