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The Foundr Podcast with Nathan Chan

345: $15B Payments Processed A Year: GoCardless’ Hiroki Takeuchi

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8662 Ratings

🗓️ 16 February 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

In 2011, Hiroki Takeuchi launched his first business GoCardless with his co-founders. Just under one decade later, they are processing over $15b in payments every year!   Takeuchi’s first business began as a service to help streamline the messy process of collecting payments informally. Over the next several years, funding, scaling, and pivoting led him to create a simple service that helped collect recurring and one-off payments from customers.    Takeuchi’s approach to business is inspiring. Not only was he a first-time entrepreneur scaling a global business without experience, but he also knows the pains of imposter syndrome and anxiety over hiring overqualified experts. This interview with Nathan Chan serves to remind us all that greatness isn’t just past experience, it’s the willingness to learn that makes someone a great entrepreneur. Key Takeaways How Takeuchi launched GoCardless in 2011 as his first business, and how he developed the idea Evolving the initial business idea from something that sought to solve the problem of collecting payments informally, to a global fintech empire The importance of having a complimentary co-founder, and how Takeuchi first began planning with his co-founders Why Takeuchi decided to leverage existing services in order to streamline launch Demo day, and overcoming getting 64 “no’s” before they got a “yes” The importance of focus on a singular product, especially in a global powerhouse like finances and payment How Takeuchi approached scaling, planning, and proactive growth in a high-demand industry The challenges faced by an international business and scaling How Takeuchi tackles imposter syndrome, and how he continues to focus on learnings The importance he places on his team and the people Takeuchi surrounds himself with What you need to ignore if you want to hire the best of the best for your business Why you should never underestimate the length of the journey ahead of you, and why you need to be ready for the challenge of being an entrepreneur

Transcript

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0:00.0

This is episode number 345 with Hiroki Takahuchi of the Founder Podcast.

0:07.9

What you need is thirst.

0:09.6

You need to be a thirsty human who is intent on learning.

0:13.7

It's a really fascinating exploration of human potential.

0:19.6

The Founder Podcast.

0:22.6

Even the greatest entrepreneurs had help.

0:25.5

If you want to learn from the most successful founders on the planet, you are in the

0:29.7

right place.

0:31.2

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Huffington, Steve Case, Gary V,

0:35.6

Sophia Amoroso, Barbara Corcoran, Damon John.

0:38.2

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:42.8

This is not your average entrepreneur podcast.

0:46.5

The Founder Podcast.

0:53.5

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:59.6

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:05.2

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos, you name it.

1:12.1

We put out so much content to help you.

1:14.5

And another interesting project that we're working on right now is partnering with

1:18.5

world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more

1:24.4

to teach crucial skills like negotiation, finance, e-commerce, and so much more.

1:31.6

So if you'd like to get access to these free trainings with founders like this, which is 100% free,

1:38.3

just go to founder.com forward slash free.

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