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How Did Shaka Senghor Make a Name for Himself · a16z

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The Hustler's Guide to Getting Paid

with @bhorowitz @shakasenghor ram @earnin & vaughn ferguson Hustlin’ Tech is a new show (part of the a16z Podcast) that introduces the technology platforms — and mindsets — for everybody and anybody who has the desire, the talent, and the hustle to do great things. Read more about it here. Episode #2, “The Hustler’s Guide to Getting Paid” (early, but…

Notes

  1. After leaving a penitentiary after two decades of being locked up, Shaka started by selling his own books out of the trunk of his car. Full answer

  2. According to Ram Palianappan, the CEO and founder of Earnin, 40% of the people in America cannot find $400 in their bank account when they need it. Full answer

  3. People spend more on their overdraft fees than they do on fresh vegetables. Full answer

  4. Half of the bankruptcies in this country are now due to medical bills because even people who have insurance, might be unable to pay the high deductibles. Full answer

  5. When the old system, like pay-day loans, is broken, people tend to stay away from anything new that tries to replace it, for the fear that new system is going… Full answer

  6. Business are starting to adopt to a flexible pay schedule because access to money at any time enables their employees to be less stressed and therefore more… Full answer

  7. Earnin is using the smart phone to analyze whether their users are actually working or not, and therefore able to trust their users to pay the money back. Full answer

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