Jon Stein, Founder and CEO of Betterment, the country's largest robo-advisor with more than $18 billion in assets under management, shares how he built Betterment and why you should join the future of investing.
Some questions answered in this episode:
- How did you get the idea for Betterment?
- Why did Betterment start in 2008 during the last recession?
- How has Betterment grown so quickly?
- What makes Betterment different and separates it from competitors?
- What is Betterment's company culture?
- What drives Betterment's focus?
- Who are the primary Betterment customers?
- Does it get stressful having so much money under management?
- How has being located in New York helped Betterment grow?
- Why does Jon ride his bike to work?
- What are the biggest highs and lows since founding Betterment?
- What do Jon's days look like right now?
- How often does Jon check email and how does he shut out distractions?
- How does Jon judge Betterment's success?
- Why do so many millennials struggle with long-term saving and how does Betterment help?
- Will Betterment be launching any new products in the near future?
- How many employees currently work at Betterment?
- What advice would you give to an entrepreneur starting out who is hesitant about growing their company?
- What is the best thing you have spent money on in the last six months?
- What additional advice would you give to millennials?
Shoutouts:
Enjoyed this episode? Be sure to open a Betterment account (referral link to get 3 months free). Also, check out our podcast with Keith Blakely to learn more about investing and the economy.
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