Have you ever wondered why VCs keep pouring money into loss-making FinTechs? For the longest time, financial industry veterans have been saying that financial companies survive and grow by avoiding risks because from their perspective, avoiding risks equals avoiding losses and keeping customers’ money safe. However, equating the safety of Read more…
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. If you found value in this episode, I Read more…
Today’s article is inspired by my conversation with a taxi driver about money and Putin. I came to Salzburg for the Opera Festival and a taxi driver asked me (mixing Russian and German with some heavy Slavic accent) if I was pro or against Putin. I said “obviously against” and Read more…
The financial industry has ALWAYS employed TONS of consultants, advisors, part-time project-based freelancers, and experts. You may be a part-time CFO, digital transformation guru, software tool developer, risk or regulatory advisor, product development or sales coach… What differentiates the successful few from the vast majority is that the lucky ones can Read more…