Ozan Ozerk, founder of Banking-as-a-Service fintech Open Payd, built his company by focusing on specific problems rather than elaborate strategies. After co-founding and selling a social network and working as an emergency room doctor, he entered fintech. Open Payd provides ready-to-use bank accounts and financial infrastructure.
Ozerk advises early-stage founders to address one or two related problems first, then grow as they gain insight. He warns against chasing news trends, suggesting founders focus on what they find interesting and can influence. Having a grand vision is not a prerequisite for success, he argues.
The article offers practical advice for those starting a business without a predefined roadmap.
Source: Sifted · Summarized by HeadlinesBriefing