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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328: Building a $50M Underwear Empire off $20K with Joanna Griffiths from KNIX

328: Building a $50M Underwear Empire off $20K with Joanna Griffiths from KNIX

Joanna Griffiths CEO Knixwear CEO of global intimates brand Knixwear Joanna Griffiths sits down with Nathan Chan to reveal how she took $20k to and made $50m in revenue last year.  In this wonderfully...

13 Okt 202055min

327: How to Outlearn ANYONE & Become the Best with Ulrich Boser of the Learning Agency

327: How to Outlearn ANYONE & Become the Best with Ulrich Boser of the Learning Agency

Ulrich Boser, CEO, The Learning Agency Founder and CEO of The Learning Agency, best-selling author, and Foundr course Instructor Ulrich Boser sits down for an in-depth discussion on becoming a better ...

6 Okt 202050min

326: How Skillshare Co-Founder Malcolm Ong Has Transformed Multiple Industries—From Education To Media

326: How Skillshare Co-Founder Malcolm Ong Has Transformed Multiple Industries—From Education To Media

Malcolm Ong has never shied away from change. In fact, his ability to adapt is what has given him a front-row seat to multiple business transformations—first as the co-founder of education platform Sk...

29 Sep 20201h 5min

325: How Whole Foods Market Co-Founder and CEO John Mackey Leads By Example

325: How Whole Foods Market Co-Founder and CEO John Mackey Leads By Example

John Mackey, Co-Founder and CEO, Whole Foods Market Right now, every company needs strong leadership to guide them through these challenging times. Thankfully, Whole Foods Market co-founder and CEO Jo...

22 Sep 202048min

324: How Vital Proteins’ Kurt Seidensticker Generated Insane Consumer Demand For Collagen

324: How Vital Proteins’ Kurt Seidensticker Generated Insane Consumer Demand For Collagen

Kurt Seidensticker, Former NASA Engineer & Founder and CEO, Vital Proteins How did Kurt Seidensticker go from being a NASA engineer to the founder of one of the biggest protein brands in the world? Be...

15 Sep 202046min

 323: How To Take A Profit-First Mindset During A Pandemic, According to Mike Michalowicz

323: How To Take A Profit-First Mindset During A Pandemic, According to Mike Michalowicz

Mike Michalowicz, Author & Co-Founder, Profit First Professionals Right now, every entrepreneur has the same question on their mind: how do I recover or maintain my company’s profit levels during Covi...

8 Sep 202029min

322: The Rise Of Messenger Marketing, With ManyChat Co-Founder and CEO Mikael Yan

322: The Rise Of Messenger Marketing, With ManyChat Co-Founder and CEO Mikael Yan

Mikael Yan, Co-Founder and CEO, ManyChat When Mikael Yan launched ManyChat in 2015, other messaging apps were trying to impress investors with their fancy AI and NLP technologies. But not him. Instead...

1 Sep 202056min

321: Birchbox’s Katia Beauchamp On Scaling Relationships, Building Trust, And More

321: Birchbox’s Katia Beauchamp On Scaling Relationships, Building Trust, And More

In 2010, only 2% of beauty products were being sold on the internet. When Katia Beauchamp and her Harvard Business School classmate, Hayley Barna, came across this statistic, they were floored. This s...

25 Aug 202052min

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