About this episode
Patrik Schär is the cofounder of Selma Finance, a digital platform that helps you invest money the right way, with a never-before-seen minimum investment amount of CHF 2’000. The platform offers online solutions and services starting at only CHF 1.20 / month and opens up the investment world to people who cannot afford a pricey face-to-face consultation with a private bank.
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We covered the following topics:
CUSTOMERS:
How you can interact with your customers and make them your best marketers
How you can acquire customers more cheaply than your competitors
How to handle negative reactions on the web
TRANSPARENCY:
How you can use transparency to improve your product and differentiate from your competitors
REMOTE TEAMS:
The tactics you can use to build a startup with a remote team
What challenges and benefits there are to working remotely
INVESTORS:
What to look for in potential investors
How to find the right investor
STARTUP CHALLENGES:
The biggest challenges and learnings for a FinTech startup in Switzerland
Here goes our weekly book recommendation:
OKR (Objectives and Key Results) is a goal system used by Google and Selma Finance. It is a simple tool to create alignment and engagement around measurable goals, and a good way to start off with your idea. Check out some books on this topic here.
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