Episode 22 - Letting Go of a Promotion for the Sake of Another with Sam Rhee
Feb 15, 2023
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Sam Rhee, founder of Endowus and former investment banker, shares his journey from pursuing a promotion to following a different calling. The podcast highlights his philosophy of living generously, the importance of financial education, his considerations for full-time ministry, and discussions on entrepreneurship and financial tips.
Sam Rhee followed God's calling and let go of a big promotion in order to pursue a different path in entrepreneurship.
EndowUs focuses on providing good advice, access to diverse investments, and keeping costs low for better investment returns.
Deep dives
Sam's Mission for Financial Literacy
Sam believes that all people should have access to financial literacy, which inspired him to found and lead EndowUs, an investment platform that offers expert investing for everyone. He wants to provide a streamlined digital-first approach to investment banking that allows more people to better manage their money.
Sam's Journey from Corporate Finance to Entrepreneurship
After spending years in the corporate financial industry, Sam decided to pursue a different path. Despite considering full-time ministry and theology, he ultimately became an accidental entrepreneur. His experiences and education at Regent College and Stanford Business School prepared him to build EndowUs, where he seeks to bring justice, righteousness, and transparency to the financial industry.
EndowUs' Three Pillars for Investment Success
EndowUs focuses on the three pillars of investment success: advice, access, and cost. They prioritize providing good advice that aligns with the best interests of the client and offers access to a diverse range of investment options. Additionally, they strive to keep costs low, as reducing costs by even 1% can significantly improve long-term investment returns.
Sam's Commitment to Radical Generosity
Sam and his wife are firm believers in radical generosity, inspired by the example of Jesus. They have a heart for education, particularly children, and giving to ministers, pastors, and missionaries and their families. Their desire to serve and give more than they take motivates their actions and philanthropic endeavors.
Imagine you’re waiting on a big promotion that you’ve worked for all your life, and then God tells you to recommend someone else.
That’s what happened with Endowus founder and today’s guest Sam Rhee.
Before his current venture, Sam worked in investment banking and was in line for a new, significant position when he felt the Lord calling him to something different.
He didn’t know what it would be at the time, but now, he’s grateful that he had faith in God’s plan.
Hear Sam’s story on the latest episode of the Faith Driven Entrepreneur Asia podcast and don’t forget to follow the show wherever you get your podcasts.
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