Noah Kerner, CEO of Acorns on Setting Up Your Financial Future

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 12 July 2022

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of #ThePlaybook, Noah Kerner, CEO of Acorns, sits down to discuss: [:39] - The meaning behind the Acorns brand [3:28] - Why “timing the market” is not the optimal approach for investing [6:46] - How Acorns sets up their user base for future financial success [11:51] - Why educating your customer is an essential part of a long-term relationship Tweet me your takeaway from today’s episode @davidmeltzer Email Me! [email protected] Sign up for my Free Weekly Training https://free.dmeltzer.com/friday-training-1 Text Me! (949) 298-2905 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	We basically set you up for the future as well as we can.
0:04.1	This is the flavor.
0:07.0	Man, this is the interesting conversation I have.
0:10.0	This guy next to me, no corner, is like every, it's like the 20 under 20, the 30 under 30,
0:15.0	the 30 under 40, the 40 under 40, whatever else he can be, this guy has won every honor of
0:20.8	being an entrepreneur.
0:21.8	80 under 80.
0:22.8	80 over 80, we're going for 80.
0:25.1	And I'm going to try to compete with you on that one, it's running out of time.
0:29.5	But he's the CEO of eight corns, which is my first question because it's really interesting.
0:36.1	You know, one of my guys was talking about how his mom pluralizes everything and I don't
0:40.2	know a con from eight corns or eight corns from eight corns.
0:44.1	Why did you put a plural to the eight corns?
0:48.2	Because if it was singular, it would be like, you only put 25 cents into the market.
0:52.7	So we did the ideas from tiny eight corns mighty oaks to grow.
0:57.4	So it's lots of small amounts, lots of spare change, lots of five dollars a day.
1:02.2	The idea is that that adds up eventually if you stick with it for a long time into
1:06.0	a mighty oak.
1:07.0	That was the concept.
1:08.0	And I love the fact that when I think about you as an entrepreneur, I think about leveling
1:13.3	the playing field.
1:15.3	And it's one of my aspirations of empowering people to be happy of allowing everyone to
	...

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