Have you ever thought about investing before?
What would you do if you could invest without needing experience?
Today, Jay sits down with Vlad Tenev, CEO and Co-Founder of Robinhood, the revolutionary financial platform that brought commission-free investing to millions. Vlad shares his fascinating journey from being a first-generation immigrant from Bulgaria to building a company that redefined access to investing.
Vlad shares candid reflections on his childhood, marked by resilience and an acute financial awareness. He recounts pivotal moments, from immigrating to the U.S. during Bulgaria's economic turmoil to his early fascination with math and finance. Vlad also shares how he manages stress and stays grounded while navigating the demands of leading a high-impact, rapidly evolving company.
Jay and Vlad dive deep into the origins of Robinhood, exploring how the platform sought to democratize investing by eliminating barriers like account minimums and trading fees. Vlad highlights the company’s commitment to innovation and its mission to empower everyday investors. He also shares lessons learned from Robinhood's challenges, including the high-profile GameStop incident, and reflects on the importance of transparency, authenticity, and adapting to evolving market conditions.
In this interview, you'll learn:
How to Build Financial Knowledge Early
How to Balance Work and Wellness Daily
How to Innovate in a Crowded Market
How to Use Feedback to Improve Products
How to Overcome Fear of Investing Mistakes
How to Scale a Business for Long-Term Success
How to Prioritize Customers' Needs in Business
Change can be a powerful and uplifting journey when approached with self-compassion and intention. The power to transform is already within you—let it shine.
With Love and Gratitude,
Jay Shetty
What We Discuss:
Intro
Learning the Value of Money at a Young Age
Reuniting with Parents After Years Apart
Challenges Faced by Young Immigrants in School
How Math Became a Gateway to Academic Success
The Inspiration Behind the Name Robinhood
A Look Back at the First-Ever Investment
The Benefits of Starting Young in Business
The Role of IQ in Early Achievement
Witnessing the Collapse of the Financial World
Investing in Crypto Before the Hype
Starting an Investment Journey with Just $10
Common Mistakes New Investors Should Avoid
Choosing Companies That Build Everyday Products
How AI Is Reshaping Financial Services
Renting vs Buying in Today’s Economy
The $72 Trillion Wealth Transfer Explained
Breaking Barriers to Financial Access
Rethinking Retirement and Long-Term Planning
Offering a Smarter Approach to Retirement Savings
Robinhood in the Media: What They Got Right (and Wrong)
Representing a Company in the Public Eye
Transforming the Customer Experience from the Inside Out
How Mistakes Shape Company Growth
The Pitfalls of Premature Optimization
Inflation, Interest Rates, and the 2022 Reset
Enhancing the Experience for Active Traders
Making Professional-Grade Trading More Accessible
Prioritizing Customer Needs to Solve Core Issues
Managing the Pressure of Negative Publicity
Balancing Leadership with Personal Life
Navigating Marriage and Work as a Founder
Rethinking the Traditional Credit Card Model
Vlad on Final Five
Episode Resources:
Vlad Tenev | LinkedIn
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