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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148: How to Build a Successful E-commerce Business - The Foundr Incubator (Business Breakdown) with Tom Bilyeu of Quest Nutrition & Jake Mckeon of Coconutbowls.com

148: How to Build a Successful E-commerce Business - The Foundr Incubator (Business Breakdown) with Tom Bilyeu of Quest Nutrition & Jake Mckeon of Coconutbowls.com

In this very special episode of the Foundr Podcast, we answer all the questions you've ever had about building an ecommerce business and more! The first installment in what we're calling the Foundr In...

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147: Lessons from the Master Growth Hacker of Dropbox, LogmeIn, Eventbrite & Many more with Sean Ellis of Growthhackers.com

147: Lessons from the Master Growth Hacker of Dropbox, LogmeIn, Eventbrite & Many more with Sean Ellis of Growthhackers.com

Sean Ellis is not just another marketer. In fact, he's something entirely different. He's the world's first growth hacker. Originally selling advertising in the print industry in Budapest, Ellis found...

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146: How to Secure Guest Posts on Big Publications (Time, Fast Company, Huffington Post & Many More!) with Daniel DiPiazza of Rich20something.com

146: How to Secure Guest Posts on Big Publications (Time, Fast Company, Huffington Post & Many More!) with Daniel DiPiazza of Rich20something.com

At 20 years old, Daniel DiPiazza was comfortable. He wasn't making millions of dollars at his hourly wage job, but he wasn't struggling for money either. Like a lot of people in their early 20s, he ju...

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145: The Importance of Building a Culture for Growth with Mike McDerment of Freshbooks

145: The Importance of Building a Culture for Growth with Mike McDerment of Freshbooks

One of the best ways for an entrepreneur to come up with a great business idea is by scratching their own itch. If something's giving you trouble, it's likely that other people out there are feeling t...

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144: Body Language Hacks with Vanessa Van Edwards from the Science of People

144: Body Language Hacks with Vanessa Van Edwards from the Science of People

Many of us have a secret desire to make a living by following our passions, but not all of us have a passion quite like Vanessa Van Edwards'. Back in college, she loved reading academic and scientific...

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143: How to Learn Faster & Unlock Your Superpower with Jim Kwik

143: How to Learn Faster & Unlock Your Superpower with Jim Kwik

When Jim Kwik was in kindergarten, he suffered a terrible fall that resulted in head trauma and a brain injury. This would come to define the rest of Kwik's early life as he grew up suffering from lea...

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142: The Breakdown of How Gerard Adams Sold EliteDaily.com for $50 million

142: The Breakdown of How Gerard Adams Sold EliteDaily.com for $50 million

At 18, Gerard Adams dropped out of college after one semester. That semester was all it took to confirm what Adams knew all along. Like all entrepreneurs, he just wasn't built to follow the rules. The...

12 Apr 201759min

141: Managing People as a Fast Growth Startup with Katelyn Gleason of Eligible.com

141: Managing People as a Fast Growth Startup with Katelyn Gleason of Eligible.com

At 23, Katelyn Gleason faced, like many people in their early 20s, an existential crisis. She just didn't know what she wanted to do. "I started thinking about jobs. I was like 'God if I'm going to ha...

6 Apr 201750min

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