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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108: The Key Elements to Building a Successful Media Company (The Next Web) with Boris Veldhuijzen van Zanten

108: The Key Elements to Building a Successful Media Company (The Next Web) with Boris Veldhuijzen van Zanten

The future of media, if not the present, probably looks a lot like The Next Web, which is odd considering co-founder Boris Veldhuijzen van Zanten says it’s not even really a media company. The Next We...

8 Sep 201644min

107: Mastering PR & Why Ego is Your Worst Enemy with Ryan Holiday

107: Mastering PR & Why Ego is Your Worst Enemy with Ryan Holiday

No one ever "gives" an entrepreneur a job, they make one for themselves. Entrepreneurs don't ask for permission, they just do. And no one exemplifies this better than Ryan Holiday who has made an enti...

31 Aug 201651min

106: Giving People The Power to Fund Anything with James Beshara of Tilt

106: Giving People The Power to Fund Anything with James Beshara of Tilt

In 2012 James Beshara and his co-founder officially launched Tilt, a platform that aimed to make crowdfunding not only more personal but to make the process as easy as possible. But if you ask the Y-C...

25 Aug 201638min

105: Disrupting the Transportation Industry with Millions of Users in 4 years with Polina Raygorodskaya from Wanderu

105: Disrupting the Transportation Industry with Millions of Users in 4 years with Polina Raygorodskaya from Wanderu

Something that most entrepreneurs struggle with the most is coming up with an idea for a startup. They'll study business forecasts and look at unique trends trying to find the next big thing. What mos...

18 Aug 201631min

104: How to Use Webinars to Grow & Scale Your Startup with Dave Hobson

104: How to Use Webinars to Grow & Scale Your Startup with Dave Hobson

There are no shortcuts when it comes to good online marketing, something that Dave Hobson knows all too well. As the resident expert on all things marketing at Foundr we give you a very special episod...

10 Aug 201657min

103: Growing a Unicorn Company 57,000% in three years with Tom Bilyeu of Quest Nutrition

103: Growing a Unicorn Company 57,000% in three years with Tom Bilyeu of Quest Nutrition

The term "unicorn company" describes a startup valued at over $1 billion that managed to get there in a relatively short period of time. Usually when we talk about unicorn companies, we're dealing wit...

3 Aug 201644min

102: How to Get up Early and Overcome Extreme Adversity with Hal Elrod

102: How to Get up Early and Overcome Extreme Adversity with Hal Elrod

When Hal Elrod was 19 he was involved in a car accident with a drunk driver that left him with brain damage, 11 broken bones, and doctors telling him that he'd never walk again. While many people woul...

27 Juli 20161h

101: How to Build a Service Based Business Empire with Brian Scudamore

101: How to Build a Service Based Business Empire with Brian Scudamore

Brian Scudamore of O2E brands knew all along that he wanted to be an entrepreneur. Relying on that sense of determination, he's built up a sprawling multimillion-dollar business empire, with franchise...

20 Juli 201644min

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