Episode 108: Valuable Startup Lessons from an Innovative FinTech Company with Jeffrey Hull of Savvy Financial
Jeffrey Hull, Founder of Savvy Financial, shares his startup journey with Ledge. As most startup founders can relate to, the path he has taken is laden with adjustments and iterations. SavvyFi empowers families to save for college and pay off student debt with the help of gifts from friends and family and cashback rewards.
Hull talks about the importance of being flexible with your product. It’s important to be able to adapt to how the market responds. It’s always best practice to pre-solve on paper. But no matter how good it looks, you will never be able to solve everything ahead of time. Be prepared to solve the challenges that come up.
His next key learning is especially valuable: No matter how tempting it is to solve the problem yourself, get someone in who has solved that problem before. The amount of money you pay for the experience and time saved is a worthwhile investment. Find people who are motivated to solve problems; they are the best culture fit for it.
Hull wraps up the podcast by reiterating the importance of looking after your mental health as a founder. He opts to choose his attitude and gain strength from his family. Burning off energy at the gym or finding a way to accomplish a win early in the day will prepare you for the challenges that lay ahead.
Founders will find they are not alone in dealing with the rigors of a startup. Listening to successful journeys like Hull’s can deliver that much-needed motivational kick.
LinkedIn - https://www.linkedin.com/company/savvyfi/
Website - savvyfi.co
Email - jhull@savvyfi.co
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Disclosure:
Savvy Financial, Inc. (“SavvyFi”) is an investment adviser registered with the Securities and Exchange Commission.
Nothing in this presentation should be construed as investment, legal, tax, regulatory or accounting advice. Prospective investors should consult with their own legal, regulatory, tax, business, investment, financial and accounting advisers.
All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Any historical returns, expected returns, or probability projections discussed are provided for informational and illustrative purposes, and may not reflect actual future performance.
For more information, visit https://savvyfi.co.
