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#12 - Rolands Mesters (Nordigen) on the power of free open banking, reinventing your startup every 6 months and hustling until one of your ideas sticks

Author
Uldis Teraudkalns & Janis Zeps
Published
Mon 24 May 2021
Episode Link
https://www.pursuitofscrappiness.co/episodes/episode-12-interview-rolands-mesters

Rolands is a grade-A hustler who realized early on in his career that he must build companies and products to fulfill his dreams as well as overcome some grudges. Hustling several business ideas, Rolands found himself in the fintech space crunching credit risk numbers from bank statements and now has evolved the business model into providing free open banking and building a crucial piece of financial infrastructure for the successful development of the fintech industry. We also discuss Dr Dre, Netflix and Michael Jordan 

By listening to this episode you will learn:

  • Hustling all kinds of ambitious ideas to find the one that sticks
  • You don’t have to be completely insane to build a great company, although it definitely helps to build a legendary one
  • Pivoting is hard. The larger you are, the harder it gets
  • Open banking data is free (at least with Nordigen) and can be used to build a world of fintech applications
  • To pivot  fast when you sense stagnation in your current business model
  • Don’t look for 100% fit for an open position. Hire for overall talent
  • Once you find great talent, don’t waste time and  go all-in to hire them immediately
  • If you can avoid hiring, don’t hire. The more people you have, the more nodes of communication you have to manage

Find out more on https://www.pursuitofscrappiness.co/ 

Support for this episode comes from Nexpay > https://paynexpay.com/



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