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Hi, I'm Adam Schoenfeld. Each week I share one question, idea, or framework that I’m learning from others, along with updates from my podcast and Seattle startup tracker.
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How did Remitly’s CEO start in such a complex industry?
“It took jumping in and just doing it, as opposed to looking at all the risks and weighing the decision.” said Matt Oppenheimer (CEO at Remitly).
I think of this as calculating less.
When starting Remitly Matt realized that, “starting a money transmission business would be irrational.”
This stuck with me. I always think I can preplan all the angles and weigh all the risks. But it never unfolds as expected, and over-calculating just makes the crazy odds more clear.
Maybe the only thing you can expect is to be surprised?
Matt shared how this helped him build Remitly at the 16-minute mark in this podcast.
Has this been true in your life? Replies welcome.