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In Episode #622, Nathan interviews Nektarios Liolios. He\\u2019s the CEO and co-founder of Startup Bootcamp, Financial Technology, and Insurance Technology\\u2014the leading innovation program in the financial and insurance industry. They provide funding, mentorship, office space in the heart of London, Singapore, New York and Mumbai and access into their global network including investors and VCs, up to 10 folks, each time they do it.

Famous Five:

• Favorite Book? \\u2013 The Lean Startup
• What CEO do you follow? \\u2013\\xa0 N/A
• Favorite online tool? \\u2014 Slack
• Do you get 8 hours of sleep?\\u2014 No
• If you could let your 20-year old self, know one thing, what would it be? \\u2013 Nektarios wished that at 20, he would have known that he didn\\u2019t know everything and to be less scared

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Time Stamped Show Notes:

• 01:28 \\u2013 Nathan introduces Nektarios to the show
• 02:08 \\u2013 Startup Bootcamp FinTech is a network of accelerators
• • 02:17 \\u2013 It is cohort-based
  • 02:24 \\u2013 The programs are industry focused programs
• 02:58 \\u2013 Startup Bootcamp FinTech has 400 companies that have graduated
• 03:12 \\u2013 Startup Bootcamp FinTech was launched in January 2014
• 03:29 \\u2013 Nektarios shares how Startup Bootcamp FinTech started
• • 03:56 \\u2013 \\u201cTo add real value, you need to be super sharp in your focus\\u201d
• 04:20 \\u2013 Startup Bootcamp FinTech doesn\\u2019t take investments, but they take equity
• • 04:30 \\u2013 Startup Bootcamp FinTech takes 6% equity
• 05:52 \\u2013 Startup Bootcamp FinTech has a variety of programs
• 06:35 \\u2013 One of their teams is in Singapore
• 07:30 \\u2013 Walnut Algorithms of France is part of their program
• • 07:47 \\u2013 It was built thinking it would revolutionize the algorithm industry
• 07:57 \\u2013 Startup Bootcamp FinTech usually works with pre-seed startups
• • 08:05 \\u2013 Their products are not ready to launch yet
• 08:38 \\u2013 Startup Bootcamp FinTech had 60 companies that are FinTech focused
• 08:52 \\u2013 Buzzmove is one of the companies that have raised the most
• • 09:05 \\u2013 It provides accurate data for home insurance
  • 09:25 \\u2013 It is a data provider solution
  • 09:35 \\u2013 It sells to insurance providers
• 09:54 \\u2013 Startup Bootcamp FinTech programs are funded by the industry players
• 10:26 \\u2013 Nektarios shares what drives their company
• 11:07 \\u2013 Who will win, Betterment or Wealthfront?
• 11:49 \\u2013 It is difficult for Nektarios to discern which company will succeed
• 12:25 \\u2013 Nathan shares his interview with Andy of Wealthfront
• 12:58 \\u2013 Startup Bootcamp FinTech is the only program with the global reach
• 13:08 \\u2013 Startup Bootcamp FinTech offers every entrepreneur in the globe access to their network
• 13:24 \\u2013 The Global Insurance Accelerator is their only competition
• 13:34 \\u2013 Nektarios shares what he thinks of the insurance space
• • 13:58 \\u2013 Insurance people are relevant to the industry
• 14:24 \\u2013 Startup Bootcamp FinTech creates fund structure for every program
• 14:42 \\u2013 Startup Bootcamp FinTech needs a minimum amount to run a program
• 15:05 \\u2013 Every location of Startup Bootcamp FinTech has 5 people
• 15:53 \\u2013 Startup Bootcamp FinTech isn\\u2019t driven by a commercial perspective
• 17:40 \\u2013 The Famous Five

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3 Key Points:

• To add real value, you need to be razor sharp in your focus.
• Insurance space has so much potential to be a lucrative space\\u2014it\\u2019s less crowded and there are so many problems to solve.
• Just go for it\\u2014take the consequences as it\\u2019s going to be a ride.

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Resources Mentioned:

• The Top Inbox\\xa0 \\u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
• Organifi \\u2013 The juice was Nathan\\u2019s life saver during his trip in Southeast Asia
• Klipfolio \\u2013 Track your business performance across all departments for FREE
• Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
• Host Gator\\xa0\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
• Audible\\xa0\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
• Freshbooks \\u2013 Nathan doesn\\u2019t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW
• Show Notes provided by Mallard Creatives