108 - When Building Government Relationships is a Waste of Time for FinTech Startups

In this episode, I run through some of the common mistakes that FinTech founders make when trying to build relationships with the government, and I share some helpful strategies for how to build these relationships more effectively. If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.    Today's episode: [01:22] A misconception that many FinTech founders have about government figures at public events.  [04:31] Why I don't think it is beneficial for FinTech startups to offer educational workshops to government officials. [06:00] A common problem with giving feedback on regulatory drafts. [09:34] The limitations of being a small startup.  [10:04] How to approach meetings with government officials.  [10:47] My recommendation for commenting on regulatory suggestions in a way that will be helpful. [12:29] How to respond to unfavorable regulatory feedback in a way that will benefit you. [14:20] An important factor to keep in mind when dealing with government institutions.   Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!   I would love to invite you to sign up for my newsletter. If you are interested, please click here.  

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