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169 - “We Have To Do Something” Moments Are Dangerous

Compliance That Makes Sense

Release Date: 03/28/2024

191 - What Sets Some Immigrants Apart: The Triple Package Theory show art 191 - What Sets Some Immigrants Apart: The Triple Package Theory

Compliance That Makes Sense

Today’s episode is inspired by a book written by Amy Chua and Jed Rubenfeld. It’s called The Triple Package and while it’s received its fair share of criticism, I hope that after listening to my analysis, you’ll be able to appreciate the book’s theory as much as I do!  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings...

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190 - Why ECB Hates Bitcoin show art 190 - Why ECB Hates Bitcoin

Compliance That Makes Sense

In a paper released a few days ago (October 2024) two senior officials from the ECB outlined why they believe Bitcoin is dangerous, creates inequality, and is a threat to democracy. In this episode, I outline why they are wrong.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings and Reviews” and “Write a Review” and tell...

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189 - Why IP Rights and Patents are Irrelevant and Should Be Abolished show art 189 - Why IP Rights and Patents are Irrelevant and Should Be Abolished

Compliance That Makes Sense

I’ve always believed in the importance of IP rights and patents, like many of you, but my recent discovery of Stephan Kinsella’s theory on this topic has led me to almost completely change my mind. Tune in today to hear about the history of IP rights and patents, why they are anti-capitalist, and how they actually inhibit rather than promote innovation.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this...

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188 - Politics, Confidence, and Success in Compliance show art 188 - Politics, Confidence, and Success in Compliance

Compliance That Makes Sense

While I normally choose to keep my political views separate from my professional life, in this episode, I share why forming and defending your own political opinions is a very useful tool that can lead to the development of skills that will be invaluable to you as a financial-industry professional.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple,...

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187 - The Three Most Harmful Addictions: Heroin, Sugar and a Monthly Salary show art 187 - The Three Most Harmful Addictions: Heroin, Sugar and a Monthly Salary

Compliance That Makes Sense

Unfortunately, many employers have held onto outdated beliefs about employment and entrepreneurship. In this episode, I share why I agree with Nassim Taleb’s belief that getting a monthly salary (i.e. full-time employment) as opposed to working as a consultant often does more harm than good!  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just ,...

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186 - Cancel Culture vs Darryl Cooper show art 186 - Cancel Culture vs Darryl Cooper

Compliance That Makes Sense

I am obsessed with free speech and misinformation, so this episode about the attempted “canceling” of Darryl Cooper means a lot to me. Tune in today to hear about Darryl’s podcast episode that caused uproar amongst many of his listeners and my thoughts on the topic.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings and...

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185 - Setting Goals and Not Achieving Them show art 185 - Setting Goals and Not Achieving Them

Compliance That Makes Sense

“Having a goal and not reaching it is better than not having a goal at all.” We all know the feeling of disappointment when we set a goal that we are unable to achieve. When this happened to me earlier this year, I reread Viktor Frankl’s book, Man’s Search for Meaning, and in today’s episode, I share the invaluable lessons that it taught me about setting goals and not achieving them.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive...

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184 - The Concept of Nationality and Its Role in Financial Services show art 184 - The Concept of Nationality and Its Role in Financial Services

Compliance That Makes Sense

Today, we’re discussing the concept of nationality and its role in financial services. An experience of Ukrainian clients’ of mine was the inspiration for this episode, and I hope it gives you a good understanding of some of the key global financial trends and the unequal impacts they are having on people and countries across the world.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help...

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183 - Pavel Durov, my Soviet Past, and What Still to Expect in 2024 show art 183 - Pavel Durov, my Soviet Past, and What Still to Expect in 2024

Compliance That Makes Sense

Welcome back to a new season of the Compliance That Makes Sense podcast! We’re still going to be focusing on FinTech, compliance and startups, but the upcoming episodes are also going to be related to current affairs. In this first episode, I dive into my Russian background and how it impacts the way I view the world, particularly in relation to the Pavel Durov controversy and the oversight of digital media companies in general. Also, don’t forget to sign up for this year’s final cohort of the FinTech Startup Compliance Pro Certification. If you found value in this episode, I would...

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182 - Why MICA Regulation May Be Bad show art 182 - Why MICA Regulation May Be Bad

Compliance That Makes Sense

In the latest episode in my ‘From Risk to Rescue' series, I discuss what MICA is, some of its benefits, and why I think the cons outweigh the pros.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is.    Today's episode:...

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More Episodes

The world we live in is characterized by unpredictability. Responding to unpredictable situations with “we have to do something” is a trap that can have very negative outcomes so in this episode, I share how you can better prepare for the future without wasting your time and money! 

If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. 

 

Today's episode:

[00:37] An overview of today’s topic; preparing for the future. 

[01:45] The unpredictability of our world. 

[03:03] Jeff Bezos’ philosophy for long-term planning. 

[04:30] A common approach to dealing with projects that aren’t meeting one's expectations. 

[06:33] Characteristics of compliance officers that will remain relevant in the long term.

[07:23] Comparing situations where doing more is appropriate and where it is a very bad idea.  

[09:14] Why “we have to do something” has become such a common refrain. 

[11:36] The realization about big companies that many start-up founders have had in recent years. 

[13:00] The unpredictable actions of financial regulators.  

[14:30] Examples of the irrational decisions that are being made across the world. 

[17:21] What to do when you are under pressure to take action. 

[20:05] The benefits of joining the Compliance Collective. 

 

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