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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164: Why You Need More Swiss Army Knives and Paratroopers on Your Startup Team, says Ryan Holmes of Hootsuite

164: Why You Need More Swiss Army Knives and Paratroopers on Your Startup Team, says Ryan Holmes of Hootsuite

What separates the companies that make millions of dollars from those that never make it? It's not the vision, or the product, or even the founder, it's the people. You can't build a successful busine...

7 Sep 201731min

163: How to Create One of The Most Visited Websites in the World With Steve Huffman of Reddit

163: How to Create One of The Most Visited Websites in the World With Steve Huffman of Reddit

Change is inevitable in the startup world, and only the best entrepreneurs stay on top of the game by evolving with it. Steve Huffman, co-founder and CEO of Reddit, knows this all too well, and in thi...

31 Aug 201735min

162: Investors, Crowdfunding, or Shark Tank? Maneesh Sethi's Done It All and Reveals His Funding Strategies

162: Investors, Crowdfunding, or Shark Tank? Maneesh Sethi's Done It All and Reveals His Funding Strategies

"How can I solve a problem in the fastest way?" It's a question that Maneesh Sethi asks himself almost every day, and it's been the main driver behind who he is as a person, and as an entrepreneur. Yo...

24 Aug 201748min

161: How Jodie Fox Turned Her Passion for Shoes Into a Successful Online Business in 2 Months

161: How Jodie Fox Turned Her Passion for Shoes Into a Successful Online Business in 2 Months

Jodie Fox loves her shoes. But unlike your average shoe lover, Fox was able to turn that love first into a living room-based passion project, and then a multimillion-dollar online business. She's the ...

18 Aug 201753min

160: The Not-So Obvious, But Ridiculously Successful Strategy on Building a Business with Brian Clark of Copyblogger

160: The Not-So Obvious, But Ridiculously Successful Strategy on Building a Business with Brian Clark of Copyblogger

"The truth is I didn't like working for somebody else." Most entrepreneurs start their own business because they want to take charge of their own destiny, and for Brian Clark, the CEO and founder of R...

10 Aug 201757min

159: A Lifelong Founder Teaches Critical Lessons for New Entrepreneurs on Products, Investors, and Selling with Jonathan Siegel

159: A Lifelong Founder Teaches Critical Lessons for New Entrepreneurs on Products, Investors, and Selling with Jonathan Siegel

Jonathan Siegel has started close to a dozen different companies—some have been hugely successful, others didn't quite go as planned, and for one, he sold his shares after a falling out with his co-fo...

3 Aug 201750min

158: How to Build a Worldwide Iconic Brand with Brian Smith of UGG

158: How to Build a Worldwide Iconic Brand with Brian Smith of UGG

In the late 1970s, Brian Smith was a young Australian surfer looking for the next big thing. Little did he know that while flipping through a magazine, he would stumble upon an idea that would grow in...

27 Juli 201750min

157: Grow to 400,000 Users In Just Three Years by Mastering B2B Sales With Andrew Barnes of GO1

157: Grow to 400,000 Users In Just Three Years by Mastering B2B Sales With Andrew Barnes of GO1

Andrew Barnes's company  GO1 is a Y-Combinator alum that's raised over $4 million in funding, grown to over 400,000 users, and is currently the world's largest onboarding, compliance, and professional...

20 Juli 201742min

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