10 Things I Had to Quickly Unlearn After Leaving PayPal
There are major differences between working in a large institution and working in a startup environment. Nothing against PayPal, but this episode is all about the mindset shift that I had to make when I left the company and joined the FinTech startup world!
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Today’s episode:
- [01:31] Why you shouldn’t waste time preparing regulatory reviews in a FinTech startup environment (and what you should do instead).
- [02:55] What risk assessments for a startup should look like.
- [03:26] When you need a legal opinion, and when you don’t.
- [04:06] Why there is no such thing as a FinTech/crypto expert.
- [05:22] The importance of not being afraid to make mistakes!
- [05:49] Advice for dealing with auditors, bankers, lawyers, and regulators.
- [07:05] Mistakes are inevitable.
- [07:48] The best way to handle your mistakes.
- [08:15] Value in learning to compromise on your product complexities.
- [08:41] Success and size are not correlated in the FinTech startup world!
Show links:
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