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

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343: How To Find The Next Big Business Idea with Nextdoor Co-Founder Sarah Leary

343: How To Find The Next Big Business Idea with Nextdoor Co-Founder Sarah Leary

For Sarah Leary, entrepreneurship has always been in her blood. Growing up in a household of small-business owners including her grandmother who was also an entrepreneur, she knew she would eventually...

2 Feb 20211h 3min

342: How Alli Webb Turned Drybar Into A $100m Empire

342: How Alli Webb Turned Drybar Into A $100m Empire

When Alli Webb founded Drybar in 2010, it started as one small salon in Brentwood, California that was designed to do one thing and do it well: blowouts.  Today, her brand has grown to over150 stores ...

26 Jan 202152min

341: Pushing Your Limits with Mental Toughness King and Spartan CEO Joe De Sena

341: Pushing Your Limits with Mental Toughness King and Spartan CEO Joe De Sena

If you want to start a business, you sure as hell better be made of the right stuff. Because Joe De Sena is here to tell you that in business, “anything that can go wrong, will go wrong”, and you need...

19 Jan 202137min

340: How Gabi Lewis dominated a $40 billion industry

340: How Gabi Lewis dominated a $40 billion industry

Gabi Lewis, Co-Founder, The Magic Spoon In this yummy episode, Gabi Lewis, Co-Founder of The Magic Spoon, sits down with Nathan Chan to discuss his journey from founding the revolutionary EXO protein ...

12 Jan 202155min

339: How GT Dave Started A $1Billion Kombucha Empire From His Bedroom

339: How GT Dave Started A $1Billion Kombucha Empire From His Bedroom

In this interview, Nathan Chan sits down with GT Dave, Founder and CEO of GT's Living Foods. GT discusses how he built a $1B empire from his bedroom and his journey of being the first seller of Kombuc...

5 Jan 202151min

338: Foundr BEST OF 2020

338: Foundr BEST OF 2020

In this epic roundup episode, we took our favorite moments from every interview this year and combined them to create our most jam-packed episode yet: Foundr Best of 2020! That’s right, in this very s...

30 Dec 20201h

337: What A Future Billion Dollar Business Looks Like: With Google’s Lead Investor, David Lawee

337: What A Future Billion Dollar Business Looks Like: With Google’s Lead Investor, David Lawee

Ever wondered what traits and characteristics Google looks for in a founder? Wonder no more, because in this interview, Nathan Chan sits down with CapitalG Founder, David Lawee, to discuss the journey...

15 Dec 202042min

336: Starting a Business During a Crisis with the founder of Alpha and Strata, Thor Ernstsson

336: Starting a Business During a Crisis with the founder of Alpha and Strata, Thor Ernstsson

Meet Thor Ernstsson. The founder of global giants such as Alpha, Strata, and lead architect for Zygna responsible for Farmville, Ernstsson knows business and products.  In this interview, Nathan sits ...

8 Dec 202053min

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