When Building Government Relationships is a Waste of Time for FinTech Startups

Published by Yana on

In this episode, I run through some of the common mistakes that FinTech founders make when trying to build relationships with the government, and I share some helpful strategies for how to build these relationships more effectively.

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Today’s episode:

  • [01:22] A misconception that many FinTech founders have about government figures at public events. 
  • [04:31] Why I don’t think it is beneficial for FinTech startups to offer educational workshops to government officials.
  • [06:00] A common problem with giving feedback on regulatory drafts.
  • [09:34] The limitations of being a small startup. 
  • [10:04] How to approach meetings with government officials. 
  • [10:47] My recommendation for commenting on regulatory suggestions in a way that will be helpful.
  • [12:29] How to respond to unfavorable regulatory feedback in a way that will benefit you.
  • [14:20] An important factor to keep in mind when dealing with government institutions.

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