Limiting The Stress Of Debt with Tim Chong, Co-Founder & CEO of Yonder

"Founders are made to look like superheroes. They get up at 4am, meditate, take ice baths, work 100 hours a week… I think it's a super unhealthy culture." Today's 40 Minute Mentor shines a light on the realities of Founder life, and his passion for reframing how the world sees and perceives credit. We are excited to welcome Tim Chong, Co-Founder and CEO of Yonder, to the podcast. Yonder is on a mission to build a credit experience that empowers young people to live their best lives and build responsible spending habits, at the same time. Tune in to today’s episode to discover: ➡️ The unhealthy culture surrounding Founder life [03:53] ➡️ Growing up around computers and the influence on his tech journey [05:25] ➡️ Exploring the world and creating high impact as a consultant [07:33] ➡️ Pivoting from consultant to Founder [10:17] ➡️ How a revolutionised economy in Kenya started the story of Yonder [15:02] ➡️ How Yonder is supporting young people and their social lives via credit spend [21:35] ➡️ Tuning in to Founder interviews to scope out early stage challenges [26:50] ➡️ How to keep going during an economic downturn [29:57] ➡️ Selling the long-term thesis to win over investors [35:40] ➡️ The significant impact of early hires and Yonder’s culture [39:58] ⛳ Helpful links: ➡️ Connect with Tim: https://www.linkedin.com/in/tim-chong/ ➡️ Find out more about Yonder: https://www.yondercard.com/ 🤫 P.S Has our podcast ever made you feel something? Like properly made you stop and FEEL the feels... Maybe it has opened your eyes to a new industry? Maybe it has inspired you to start your own venture? Or maybe it has you nodding along as you relate to so many of the challenges that our Founders have faced.... 🤝 Connecting, human to human, with our audience is absolutely paramount to our work behind the scenes at 40 Minute Mentor, which is why we would (shamelessly) love to have your vote in this year's Great British Podcast People's Choice awards. 🏆 1. Click here: https://www.britishpodcastawards.com/voting2. Type in '40 Minute Mentor' 3. Job done ✅ Your nomination would mean the world to us, so thank you in advance! 💙(VOTES CLOSE 5th SEPT) ⭐Enjoyed this episode?⭐️ Keep up to date with all our latest episodes, by hitting the subscribe button on your favourite podcast platform. And for any feedback on what you enjoy the most and ideas on what we can do to make 40 Minute Mentor even better, please leave us a review on https://ratethispodcast.com/40mm Learn more about your ad choices. Visit megaphone.fm/adchoices