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Stanford to Chicago to Raising $9 Million and Reinventing Millennial Investing - Brian Barnes / Founder of M1 Finance

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Manage episode 186024008 series 1247935
Content provided by Colin Keeley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Colin Keeley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Brian Barnes is the CEO and Founder of M1 Finance, a startup making an automated investment tool that lets users put their money to work in a balanced portfolio without the hassle of actually managing it.

Just a few years after graduating from Stanford, Brian raised $9 million and moved back to Chicago to build the platform.

In This Episode You Will Learn:

  • The motivation behind Brian starting M1 Finance
  • How Brian went about launching a MVP in the heavily regulated finance industry
  • How Brian raised $9 million pre-launch
  • The benefits of robo-advisors over all ETFs
  • What M1 Finance costs and how they plan to differentiate from other robo-advisors
  • How Brian got his first customers
  • What Brian has learned about life and business from his mom Brenda Barnes, Former CEO of Pepsi and Sara Lee?
  • What the most effective marketing channels have been
  • How M1 Finance's message has evolved over time
  • How to communicate a relatively complicated product to consumers quickly
  • The importance of design in fintech
  • Why Brian moved back to Chicago after going to Stanford and whether he thinks it matters
  • Why Chicago has to improve our risk appetite

Selected Links From The Episode:

Favorite Books:

  continue reading

56 episodes

Artwork
iconShare
 
Manage episode 186024008 series 1247935
Content provided by Colin Keeley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Colin Keeley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Brian Barnes is the CEO and Founder of M1 Finance, a startup making an automated investment tool that lets users put their money to work in a balanced portfolio without the hassle of actually managing it.

Just a few years after graduating from Stanford, Brian raised $9 million and moved back to Chicago to build the platform.

In This Episode You Will Learn:

  • The motivation behind Brian starting M1 Finance
  • How Brian went about launching a MVP in the heavily regulated finance industry
  • How Brian raised $9 million pre-launch
  • The benefits of robo-advisors over all ETFs
  • What M1 Finance costs and how they plan to differentiate from other robo-advisors
  • How Brian got his first customers
  • What Brian has learned about life and business from his mom Brenda Barnes, Former CEO of Pepsi and Sara Lee?
  • What the most effective marketing channels have been
  • How M1 Finance's message has evolved over time
  • How to communicate a relatively complicated product to consumers quickly
  • The importance of design in fintech
  • Why Brian moved back to Chicago after going to Stanford and whether he thinks it matters
  • Why Chicago has to improve our risk appetite

Selected Links From The Episode:

Favorite Books:

  continue reading

56 episodes

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