Doug and his co-host Amberly chat with Chen-Chen Huo, co-founder of a banking startup called Nexus. Chen-Chen has a very interesting path as an entrepreneur, working first in the mac & cheese business before moving into fintech. Nexus has some cool, disruptive ideas, such as providing users the ability to invest their full balance to earn market returns, with the idea that your bank account should be earning money for you and not the bank.
- Choosing entrepreneurship vs. a safer route
- Risk avoidance/risk tolerance
- What enabled risk-taking & runway for growing a business
- Building a good team
- Goals at Nexus and how it works
- And of course, Mac & Cheese
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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**
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Email us here: doug@milehighfi.com or carl@milehighfi.com
0:00 Introduction
1:20 Build-your-own mac & cheese (MAC’D)
7:19 Amberly & Chen-Chen at Econome
13:47 Chen-Chen’s financial upbringing
20:07 Entrepreneurship & risk-taking
28:57 Nexus – revolutionizing banking
34:54 Comparing food industry vs. fintech
41:11 Building a good team
46:02 Accountability
50:25 How Nexus operates