463: Why Small Customers Matter with ​​Immad Akhund of Mercury

463: Why Small Customers Matter with ​​Immad Akhund of Mercury

Since 2006, Immad Akhund has been investing in and building startups. But he always struggled with working with traditional banks to run his startups, especially as a non-US resident. He figured someone else would solve it, but the issue was still on the table by the time he exited his fourth startup in 2017. So, he launched Mercury, a bank for startups that now is a fintech unicorn valued at $1.62 billion. On the side, Akhund also is an angel investor of 240-plus startups, many of which are unicorns. Listen to Nathan and Immad discuss: How failure hooked him onto entrepreneurship The origins of Mercury as a fix for startup banking How he used Twitter to earn customers Why the journey is better than the end result Where he invests in future-state startups What makes a strong entrepreneur Why your small customers matter Common mistakes startups make with banks And much more fintech advice… Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

Episoder(587)

232: Create a Company Culture That’s Healthy and Profitable, With David Heinemeier Hansson of Basecamp

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Eighteen years ago, David Heinemeier Hansson was a college student sitting in his little apartment in Copenhagen when he stumbled across a blog post by 37signals (which would later become Basecamp), a...

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229: Mastering Copywriting and Finding Your Flow With Arman Assadi of Project EVO

229: Mastering Copywriting and Finding Your Flow With Arman Assadi of Project EVO

NEW COURSE ALERT: Entrepreneur, we wanted you to be the first to know that we’ve collaborated with Arman Assadi to bring you our brand new copywriting course. Learn the copywriting secrets behind 11 s...

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228: A Serial Founder’s Fight for Mass Adoption of Cryptocurrencies, With Alex Mashinsky of Celsius

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Serial founder and VOIP pioneer Alex Mashinsky has founded eight companies and raised more than a billion dollars in collective funding since his entrepreneurial start in the 1990s—and he is showing n...

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227: From a $20M Business to Starting Over With a New Vision, with Erika Geraerts of Fluff

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27 Nov 201846min

225: New Founders Doubled Business and Hit Their First $10K Month (Consulting Empire Spotlight: Part 2)

225: New Founders Doubled Business and Hit Their First $10K Month (Consulting Empire Spotlight: Part 2)

Welcome to part two of our two-part podcast series that’s shining the spotlight on successful entrepreneurs who hail right from our very own Foundr community! If you haven’t listened to part one featu...

13 Nov 201834min

224: Gavin Symes Scales His Consulting Business to $50K/Month in 3 Months (Consulting Empire Spotlight: Part 1)

224: Gavin Symes Scales His Consulting Business to $50K/Month in 3 Months (Consulting Empire Spotlight: Part 1)

The Foundr community is full of passionate people from all walks of life, in the trenches daily doing what it takes to make their startup dreams a reality. In this week’s podcast, we want to highlight...

7 Nov 201838min

223: How WPBeginner’s Syed Balkhi Rocketed to Success, Aiding Millions of Wordpress Users

223: How WPBeginner’s Syed Balkhi Rocketed to Success, Aiding Millions of Wordpress Users

New to the US from Pakistan, Syed Balkhi was a lonely and isolated 12-year-old. Unable to speak English fluently, he took to communicating with new friends—computers—and quickly found comfort interact...

30 Okt 201846min

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