40 Minute Mentor

August 30, 2023

Limiting The Stress Of Debt with Tim Chong, Co-Founder & CEO of Yonder

Today’s 40 Minute Mentor shines a light on the realities of Founder life, and his passion for reframing how the world sees and perceives credit. We are excited to welcome Tim Chong, Co-Founder and CEO of Yonder, to the podcast.

Yonder is on a mission to build a credit experience that empowers young people to live their best lives and build responsible spending habits, at the same time.

“Founders are made to look like superheroes. They get up at 4am, meditate, take ice baths, work 100 hours a week… I think it’s a super unhealthy culture.”

Tim Chong

Tune in to discover

The unhealthy culture surrounding Founder life [03:53]

Growing up around computers and the influence on his tech journey [05:25]

Exploring the world and creating high impact as a consultant [07:33]

Pivoting from consultant to Founder [10:17]

How a revolutionised economy in Kenya started the story of Yonder [15:02]

How Yonder is supporting young people and their social lives via credit spend [21:35]

Tuning in to Founder interviews to scope out early stage challenges [26:50]

How to keep going during an economic downturn [29:57]

Selling the long-term thesis to win over investors [35:40]

The significant impact of early hires and Yonder’s culture [39:58]

Listen on

Helpful links

➡️ Connect with Tim: https://www.linkedin.com/in/tim-chong/

➡️ Find out more about Yonder: https://www.yondercard.com/

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