Making Personal Finance EASY For Students ft. FamPay Founder Sambhav Jain - FO 15 | Raj Shamani

Описание к видео Making Personal Finance EASY For Students ft. FamPay Founder Sambhav Jain - FO 15 | Raj Shamani

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In this episode of Figuring Out, Raj Shamani talks with the Co-Founder of FamPay, Sambhav Jain. He began his journey during his final year at IIT Roorkee.

During his college days, He worked to create a mobile app to reduce food wastage in canteens. The success of the product led him to realize that he could build more products. He interned with startups during his final year at college to understand how the startups operated. He worked with the product team at Hotstar and AEON Learning. It was then that he decided to build a startup. He opted out of campus placements to work toward building a startup.

FamPay is raising a new, financially aware generation of Indians who understand the fundamentals of personal finance and are capable of making decisions in their best long-term interest.

With FamPay and its numberless prepaid card, minors can successfully make online and offline payments without the need to set up a bank account.

FamPay is a marketing and distribution partner of IDFC FIRST Bank Prepaid Card.

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Timestamps:

00:00 Intro
02:02 Why They Started Building Fampay?
06:15 How He Got into IIT?
13:38 How They Started Building Fampay?
17:31 How He Convinced His Parents?
18:50 Their First App in College
21:28 People’s Mindset with Money
24:37 The Concept of Pocket Money
26:04 Money vs Following Passion
29:45 The Problem with Exposure
37:00 Why They Started Building Fampay?
44:04 Is Innovation Just for IITians/ Techies?
51:26 How They Started Building Fampay?
1:00:05 How To Learn Anything?
1:03:10 How Did He Navigate?
1:08:47 3 Steps to go from Idea to the Product!
1:14:14 How He Convinced People that he can Solve this Problem?
1:17:48 Conclusion

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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

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