Open the Pod Bay Doors E161 - Alan Tsen, IAG Firemark Collective, Head of fmX
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Mar 31, 2023 Alan Tsen, Head of fmX at IAG, brings a wealth of experience from his roles in fintech and law as well as a love for fine wine. He discusses the unique structure of fmX, which supports startups with invaluable resources and potential partnerships. The conversation delves into the challenges of fintech innovation amid regulatory changes and the hurdles startups face in a bear market. Tsen also shares insights on the evolving landscape of blockchain technology and highlights the importance of personal connections in fostering entrepreneurial success.
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Career Shift
- Alan Tsen's career started in international tax law but shifted to entrepreneurship.
- He later led Stone & Chalk Melbourne and Chipper Cash, a fintech startup focused on Africa.
Startup Learnings
- Founding a startup provides invaluable experience, impacting hiring, profitability, and expansion strategies.
- These skills remain crucial throughout a career, even beyond the initial venture.
Leverage Accelerators
- Startups should leverage corporate accelerator programs for partnership opportunities and ecosystem access.
- FMX connects startups with IAG's resources, facilitating growth and insurance-related exploration.
