447: How Suneera Madhani Trusted Her Intuition and Built Stax into a Unicorn Startup

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 17 February 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Suneera Madhani is the CEO and founder of the all-in-platform transaction platform Stax. She’s listed on Fortune’s prestigious 40 Under 40 list, a recipient of EY’s Entrepreneur of the Year award, and host of CEO School, a top 25 entrepreneur podcast with a 300,000 female-listener community. Last year, Stax became a unicorn startup with a billion-dollar valuation. But for Madhani, it’s not about milestones–it’s the journey. Learn about her incredible journey from the daughter of immigrants to a CEO breaking barriers in a male-dominated fintech startup industry. Listen to Nathan and Suneera discuss: Her upbringing with entrepreneurial immigrant parents What she learned from working at her family businesses Her subscription pitch getting rejected by her bosses Starting a business with family and friend's capital Proving out a hypothesis with a scrappy MVP Fundraising in a male-dominated fintech community Her “3 minds” for decision making Mentorship and building a trusted team Starting her podcast and supporting female founders And much more fintech and startup advice… This episode is powered by 99designs by Vista, a global creative platform that makes it easy for you to work with professional freelance designers from around the world. Together with 99designs, we’re offering you a $30 discount on your first design contest. Head to 99designs.com/foundr to learn more or get started on your project today. Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

Transcript

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0:00.0	This episode is proudly brought to you from 99 Designs by Vista, a global creative platform that makes it easy for you to work with professional freelance designers from around the world.
0:12.5	What you need is thirst.
0:14.3	You need to be a thirsty human who is intent on learning.
0:18.3	It's a really fascinating exploration of human potential.
0:21.9	Now, now, now, now, now, now.
0:25.0	The Founder Podcast.
0:27.2	Even the greatest entrepreneurs had help.
0:30.1	If you want to learn from the most successful founders on the planet,
0:33.6	you are in the right place.
0:35.8	Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Huffington, Steve Case, Gary V, Sophia
0:40.5	Homerosa, Barbara Corcoran, Damon John.
0:42.9	Learn from the greatest minds in business today with interviews hosted by Nathan Chan.
0:47.4	This is not your average entrepreneur podcast.
0:51.2	The Founder Podcast.
0:59.2	Thank you. Podcast, the Founder Podcast. Hey, Founder Fam.
1:02.6	Welcome back to another episode of the Founder Podcast.
1:05.5	Today, we're speaking to Senara Medani.
1:12.7	Senara Medani is the founder and CEO of Stax, one of America's top 10 fastest growing fintech companies,
1:18.0	doing integrated payments and payment processing for small business, large business, and also SaaS companies.
1:19.3	And today we're going to dig deep on how she turned a rejection into fintech's newest
1:24.6	unicorn, her experiences through multiple rounds of funding and what it takes
1:29.1	to run a fast scaling business.
	...

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