Compliance That Makes Sense

088 - Why I Built a Business with 1M+ ARR and 85% Profit Margin


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My business model is the way it is because of the fact that I work with early-stage start-ups. In this episode, I am going to explain why it is so important that your service providers, partners, and vendors have a similar operating model to your business! 

If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. 

 

Today's episode:

[00:39] The focus of today’s episode.

[01:39] Why traditional professionals are often not effective business people. 

[03:21] Reasons why I chose not to work with a traditional law firm that I was approached by.

[03:48] Characteristics of the law firm that I was approached by, and the work that they wanted me to help them with.   

[06:09] An example of how to eliminate a lot of friction and misunderstanding that occurs in the business realm. 

[06:45] Why SAAS/tech companies typically work well together. 

[08:00] One of the biggest friction points for businesses.  

[09:05] How SAAS/tech founders measure success.

[10:00] The approach I have taken to building my business.  

[11:00] Valuable advice for FinTech founders who are looking to hire a service provider.

 

Show links:

  • Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

 

  • I would love to invite you to sign up for my newsletter. If you are interested, please click here.

 

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Compliance That Makes SenseBy Yana Afanasieva

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