On the first episode of Startup Climb, Ned Phillips, founder and CEO of Bambu, shares what makes a successful startup, the impact of investors and how to get product validation.

To find out more about Bambu:

https://bambu.co/

Disclaimer: 

Any views/opinions made by the guest is the guest's opinion. It does not represent the views/opinions of the host or the podcast. The podcast is not intended to constitute or be relied upon as professional advice. You should consult a qualified professional for any professional advice.  

Timestamps: 

00:30 Introduction to Bambu 

01:40 Why B2B and not B2C? 

03:43 What makes a startup successful? 

06:10 First hire and the qualities you look for? 

09:10 Can you reverse engineer luck? 

12:45 More discussion on hiring. 

16:15 Impact of investors? Is it essential to raise funds in fintech? 

19:20 Fund size versus control over direction. 

21:50 More discussion on qualities to look for in an investor. 

24:20 Most important thing to do when you first start your start-up? 

27:20 How to get product validation? 

30:20 What was the biggest struggle thus far running Bambu? 

35:00 Discussion on overseas expansion. 

40:10 How to handle working in different countries? 

44:20 COVID-19's impact on the business and how to pivot? 

47:20 Discussion on work-life balance. 

52:00 One advice for an aspiring startup founder?  

Socials: 

Facebook: https://www.facebook.com/startupclimb/

Instagram: https://www.instagram.com/startupclimbpodcast/

Youtube: https://www.youtube.com/channel/UCZhb7TW07ORyW3wLROEvo0A

For any feedback or enquiries, please email here:

[email protected]