How Taking Risks May Be the Most Efficient Way to Build a FinTech Unicorn
Despite so many financial industry veterans being anti-risk, in today’s episode, I’m going to explain why I think this is not a good approach, and I share with you the many benefits of taking risks and making losses as a FinTech start-up.
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Today’s episode:
- [00:41] An introduction to today’s controversial topic.
- [01:02] What many financial industry veterans say about risk.
- [01:34] One of the biggest myths in the financial industry.
- [01:50] The trait that so many FinTech unicorns share.
- [02:56] “What doesn’t kill you makes you stronger”: what this looks like as a risk management strategy.
- [04:21] A question which may make you rethink your opinion on risk.
- [05:48] Examples of rules and regulations which you shouldn’t be spending time and energy on now.
- [07:32] Another regulatory hoax which I speak about in more detail in previous episodes.
- [08:05] An approach to risk that I advocate for.
Show links:
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