Weiss Advice

Co-Founding a FinTech Startup Company with Russell Weiss


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Russell Weiss Co-Founded and is the Partner and Chief Risk Officer of WEEL, a fintech company based in Israel. Despite being founded in Israel, they became the #1 online lending company in Brazil in 2020. 

 

[00:01 – 05:05] Opening Segment

  • I introduce and welcome our guest, Russell Weiss
  • Russell describes himself and talks about his background

[05:06 – 12:09] Co-Founding WEEL

  • Russell shares his journey with co-founding a startup company
  • Fast-forward to 2020 – they became the #1 online lending company in Brazil
  • How COVID-19 has affected their company

[12:10 – 18:11] The PPP Loan

  • We talk about the Paycheck Protection Program (PPP) Loan
  • Russell talks about "Zombie Companies" and their effects on the economy

[18:12 – 24:42] Reaching the Global Market

  • Are you guys interested in expanding your reach globally?
  • Russell talks about their goals for the next years
  • He shares why they chose to start their platform in Brazil

[24:43 – 33:13] THE FINAL FOUR

  • What's the worst job that you ever had?
    • I used to have a job where I traveled all the time
  • What's a book you've read that has given you a paradigm shift?
    • Positivity Bias by Mendel Kalmenson
  • What is a skill or talent that you'd like to learn?
    • I want to be a great dancer
  • What does success mean to you?
    • A successful life is more on a person being able to feel like they're choosing their life
  • Get in touch with Russell. See the links below.
  • Final thoughts

 

Tweetable Quotes:

"Stuff's gonna happen. There's stuff happening all the time, but we have to be able to predict that that's gonna happen and make sure we've taken the proper steps in advance." – Russell Weiss

"Smart investors are starting to think more globally about their investments." – Russell Weiss

 

Resources Mentioned:

  • Monashees
  • Paycheck Protection Program (PPP) Loan - definition

 

Get in touch with Russel through LinkedIn

 

LEAVE A 5-STAR REVIEW by clicking this link.

 

 

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Weiss AdviceBy Yonah Weiss

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