Founding a startup is the thing so many fintech entrepreneurs dream about. So what happens when that dream turns into a nightmare?
In this special crossover series with Breaking Bank’s Jason Henrichs, Alex and Jason are joined by Matt Harris, former founder and CEO of Bloom Credit, and founder/executive coach of TwentySeven Nine, to discuss the challenges and emotional roller coaster that founders face in the startup world.
Matt shares his story of startup success and burnout, revealing why the journey to foundership, for him, was akin to eating glass. Why did he choose to step down from his role as CEO of such a promising startup?
Matt unpacks how the unhealthy, codependent dynamics between investors and founders play a huge role in founders’ mental health and reveals how he found a new purpose in helping others reshape their personal work-life boundaries. Hear how he helps others like himself to redefine past trauma and create a healthier, more sustainable workplace for all, and discover why Matt believes that failure doesn’t have to be the end of the story.
00:03:39 - Entrepreneur's Journey: From Success to Struggle
00:09:53 - Transitioning from Infrastructure to Entrepreneur
00:14:13 - Stepping Down from Bloom
00:24:07 - Importance of the Journey in Entrepreneurship
00:27:37 - Navigating Vulnerability in Startup Funding
00:29:11 - Understanding the Difference Between Therapy and Coaching
00:33:08 - Navigating Investor Feedback as a Founder
00:35:22 - Understanding Codependency in VC Relationships
00:42:33 - Challenges in Raising Business Funds
00:43:47 - Helping Founders Manage Burnout Successfully
00:54:17 - Navigating Failure: Embracing Acceptance and Growth
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And for more exclusive insider content, don’t forget to check out my YouTube page.
Check Out Breaking Banks:
Apple: https://podcasts.apple.com/us/podcast/breaking-banks/id641357669
Spotify: https://open.spotify.com/show/4mhqSxyBCHZ1wTQwXlAvCG?si=2964cce20998440e
Follow Matt:
LinkedIn: https://www.linkedin.com/in/mattdharris113/
Website: https://www.twentysevennine.co/
Follow Jason:
LinkedIn: https://www.linkedin.com/in/jasonhenrichs/
Follow Alex:
YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos
LinkedIn: https://www.linkedin.com/in/alexhjohnson
Twitter: https://www.twitter.com/AlexH_Johnson
S7 E4: Not Fintech Investment Advice: Modak Makers, Casap, Silver, Elpha Secure
S7 Ep3: The WILD Story of PayPal’s Origin, with Author Jimmy Soni
S7 Ep2: BNC: The Relationship Between Stock Prices and Bank Health, Tokenization’s Disruptive Potential, and Lots of FHLB Talk with Steven Kelly.
S7 Ep1: Fintech Recap: Consent Order Madness, Chime Prepares to IPO, and Fintech Twitter Trolls
S6 Ep12: Workshopping Fintech Theses
S6 Ep11: Not Fintech Investment Advice: Chipp.ai, Whop, Revenew, and NayaOne
S6 Ep10: BNC: Unpacking the 1 Year Collapsiversary of SVB, Exploring Banking Deserts, and Is This the End of BaaS Innovation(?)
S6 Ep9: Fintech Recap: The Discover/Capital One Merger, Lineage’s Latest Consent Order, Inflation Affects Tooth Fairy Pricing
S6 Ep8: Oh, What a Gorgeous Business Model! (A Deep Dive into ServiceTitan, AmEx, and The Bancorp
Killing It! – Leaving the Hero Complex of Foundership Behind, with Shamir Karkal, CEO of Sila
Killing It! –Fintech’s Biggest Disrupters on Startups, Success, and All the Hard Lessons In Between
S6 Ep7: Bank Nerd Corner: New York Community Bank, Panacea Financial, the BSCA, and the State of Auto Lending
S6 Ep6: Not Fintech Investment Advice: Tip Top, Lucite, Rove, and Prosper AI
S6 Ep5: Fintech Recap: Regulators Crack Down on BaaS, Buy Now Pay Later’s Newest Offerings, Paypal (Kind Of) Shocks the World
S6 Ep4: The Nuances in Credit Underwriting that Most People Miss with Frank Rotman
S6 Ep3: Banks Gaming the Fed, The Fight Over ILCs Ramps Back Up, and Frequent Flyer Mile Madness
S6 Ep2: Not Fintech Investment Advice: Foyer, Claim, Crew, and Brico AI
S6 Ep1: Fintech Recap: Revolut Cries Wolf, Tomo Boost’s Continued Craziness, and Tales from BaaS Island
Fintech Predictions for the Not-So-Distant Future, with Frank Rotman
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