Risk-Taking Lessons for FinTech from Physics Theory
I recently read The Beginning of Infinity, a book that had a profound impact on how I see the world. In today’s episode, I apply some of the concepts from that book to my field of expertise. If you’re looking for a way to efficiently scale your startup while remaining compliant, you’ve come to the right place; get ready to say goodbye to risk aversion and expand your knowledge horizon!
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Today’s episode:
- [00:49] The focus of this episode.
- [01:14] Some lessons that I learned about compliance while working at Amazon and PayPal.
- [02:49] Why big FinTech companies must be accepting of risks and deal with compliance in a targeted way.
- [04:16] What made me want to leave my job at PayPal.
- [06:10] My experience as PayPal’s compliance point of contact for some of their internal projects.
- [09:16] The motivation behind my decision to start my own business.
- [10:56] The approach you need to adopt if you are going to keep growing while remaining compliant.
- [13:22] Three key components which will help you achieve compliant growth.
- [15:32] Why FinTech founders struggle so much with pragmatic risk acceptance.
- [16:28] The Beginning of Infinity; how this book changed my life and why everyone should read it.
- [18:05] Two concepts from The Beginning of Infinity, and how they relate to compliance and risk.
- [20:41] How to prepare for future risks in order to efficiently build scalable compliance within your FinTech startup.
- [23:48] What I am going to be discussing in next week’s episode.
Show links:
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