Welcome to the Steve Jobs based Join Up Dots Free Podcast Interview with Warren Hogarth
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My guest today, on the Steve Jobs inspired Join Up Dots free podcast interview is with a money who is passionate about the way we think and manage our money.
In 2016 he launched Empower Finance based on the belief that all people deserve access to expert financial advice (and it should be available for free).
Instead of going to some dusty old office, with an old guy in a grey suit telling you to stick everything in bonds or shares, you deal directly with your own financial advisor working for you 24 hours a day.
As he says “We were fed up with banks and traditional “advisors” so we built Empower to be your independent, trusted financial advocate. Empower helps you stay on top of your finances, get objective, personalized recommendations to make your money go further, and discover and save hundreds of dollars per year.
Check account balances & track your spending, Automatically save to build wealth or pay down credit debt, Find a high-interest savings account, Manage bills and renegotiate to save (utilities, mobile, security), Review subscriptions you’re paying for and many more things too!
Now you maybe saying “Why is it free?” and isn’t that the quickest way for a company to go bust with all our financial information?
Well for most people that might be the case, but today’s guest has helped 3 companies go from $0 to $1 billion, and he’s seen other companies go to $0 (after looking promising initially).
Growing up in rural Australia, he studied engineering, and ended up as 1 of 8 Venture Partners at Sequoia.
They’ve invested in companies like Square, Uber, WhatsApp, and AirBnB, and he stood shoulder to shoulder with founders to build large, enduring businesses (3 went from zero to over $1 billion).
As he says “There’s no guarantees in startups, but I have a lot of lessons learned on how to approach starting and growing a company” which I am bringing into Empower Finance everyday.
So when did the idea to go it alone come to him?
Was it overnight or bubbling under the surface for many years?
And what is the biggest failing that people make when undertaking a startup?
Lack of capital of lack of commitment?
Well let’s find out as we bring onto the show to start joining up dots with the one and only Warren Hogarth
During the show we discussed such weighty topics with Warren Hogarth such as:
Warren shares the number one reason for a startup to fail, and you might be interested that it is rarely down to capital.
Why a company is generally always going to go through a pivot to find it’s true life calling. Not many companies get it right the first time.
Warren shares that moment where he knew that he was on the wrong path, and the steps he took to get onto the right one.
Why it is so important to start a business in a market where there are geat tailwinds now and the next ten years. Dont let it never get going by lack of interest.
How To Connect With Warren Hogarth