Fattmerchant Founder, Suneera Madhani On Going From Startup To 5 Billion In Payments
Girl CEO
GIRL CEO Network
4.9 • 906 Ratings
🗓️ 10 April 2020
⏱️ 39 minutes
🧾️ Download transcript
Summary
Ronne is joined by Suneera Mahdani who shared her early life and how she started her company.
After graduating from college, Suneera discusses her journey from working at a consumer goods company straight out of college for three years and realizing that the corporate world wasn’t for her. She was later recruited by a payment-processing company. After she analyzed how the business works, Suneera decided to start her own.
To become a successful entrepreneur it isn't as easy as 1-2-3. It takes a lot to make it right.
Suneera provided a few pointers on how to become a successful entrepreneur:
- Give yourself hard deadlines – Don’t chase things that are never going to come into fruition. Listen to all the feedback you will get, no matter who that person is.
- Execute your ideas – There is ALWAYS a step-by-step process In order to turn all of your ideas into a well-established business.
- Running a business isn't a vacation – You have to brace yourself and think about it deeply if it is what you really want. It entails a lot of responsibility.
- Reflect on why you are doing business – There's more than the revenue that makes a business successful. Is it your passion? Is it something you really want to do? You have to consider such questions.
Also, she gave us some tips when starting your business:
- Make sure your business can accommodate investors – show the investors that their investments will be returned. Generate proof that their hard-earned money can gain some profit while it is in the business' hands.
- Have a large market – investors are looking for big opportunities.
- Be passionate – Have a good team. Know where your zones are.
- Meet investors in person – Find where your networks are, find where the experts and find out where they go. Go to events and socialize.
Follow Suneera in Instagram at @mombossco, and know more about the services her company offers at fattmerchant.com
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Transcript
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| 0:00.0 | Welcome to the Girl CEO Podcast, the Playground for Female Entrepreneurs. |
| 0:07.0 | My name is Ronnie Brown and I'm the author of Amazon's best-selling book from Moppin Flores to Make |
| 0:12.3 | A Millions and was once a team mom's |
| 0:14.4 | her millionaire business mentor. |
| 0:16.2 | I created my Girl Co. community for women like you. |
| 0:19.6 | Girl Co. you are a trailblazer, a creative, an innovator, a boss, and a woman who knows that she deserves more. |
| 0:27.6 | Join me each week while we uncover what it truly takes to be your own boss and become a successful girl |
| 0:33.4 | co. And don't worry sis, I got you. |
| 0:36.0 | Hello hello everyone and welcome to girls |
| 0:41.3 | CEO radio the playground for female |
| 0:43.3 | entrepreneurs and I'm Ronnie Brown and today I have a super special guest with me |
| 0:48.7 | to Nera Madonna. Hey Ronnie how are you I'm so excited to be here today I'm so excited |
| 0:52.4 | to be here today I'm so excited to be here today. I'm so excited to have you. This is going to be such a great, great, great, great, great, |
| 1:00.0 | podcast. So let's go ahead and jump right in. |
| 1:04.0 | Cineer, this is all our audience just a little bit about how you got started. |
| 1:09.0 | And let's crack open and just jump into your story to tell us a little bit about your story. |
| 1:13.4 | So where did you grow up and tell us a little bit about your childhood? |
| 1:17.1 | Yeah, so I grew up in Dallas, Texas actually, but I moved everywhere. |
| 1:23.5 | So I was actually born in Chicago. |
| 1:25.8 | I'm a daughter of immigrants. |
| 1:27.2 | My parents both immigrated from Karachi, Pakistan |
| 1:30.8 | separately as teenagers, and then they met in Chicago. |
... |
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