The world we live in is characterized by unpredictability. Responding to unpredictable situations with “we have to do something” is a trap that can have very negative outcomes so in this episode, I share how you can better prepare for the future without wasting your time and money! 

If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. 

Today’s episode:

• [00:37] An overview of today’s topic; preparing for the future. 
• [01:45] The unpredictability of our world. 
• [03:03] Jeff Bezos’ philosophy for long-term planning. 
• [04:30] A common approach to dealing with projects that aren’t meeting one’s expectations. 
• [06:33] Characteristics of compliance officers that will remain relevant in the long term.
• [07:23] Comparing situations where doing more is appropriate and where it is a very bad idea.  
• [09:14] Why “we have to do something” has become such a common refrain. 
• [11:36] The realization about big companies that many start-up founders have had in recent years. 
• [13:00] The unpredictable actions of financial regulators.  
• [14:30] Examples of the irrational decisions that are being made across the world. 
• [17:21] What to do when you are under pressure to take action. 
• [20:05] The benefits of joining the Compliance Collective. 

Show links:

• Learn to be valued as a FinTech compliance expert – sign up for the Compliance Collective here!

• Interested in FinTech compliance? – consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.