Posted by & filed under Collaboration, Human Resources, Mentoring, Startups.

Nestholma’s Virtual Startup Mentoring Meet-up, which was organized on Thursday 5th November 2020 as an online meetup, connected many of the new startups with Nestholma mentor network to discuss getting investments and crowdfunding and the keys to Digital Leadership.

The purpose of this virtual get-together was to increase the connections of the new startups with the Nestholma mentor network, hear insights and tips, share experiences together with other great mentors and build relationships and networks for the future.

Virtual group photo from few of the participants!

From pitches to interactive connections

The meeting started with pitches from the startups Kippie, Resident Tax, BlocRecs, Ethical Capital, Portunus and Yanda. Then José Jimenez from Seedrs and Rudi Vogl from Smartbird shared their insights and answered to startups’ questions related to getting investments and crowdfunding and digital age leadership. Through interactive excersice the startups and mentors got to share their thoughts about applying the digital age leadership principles into their business. The meeting also included a fireside chat and questions and answers between the participants. After that the discussions and virtual networking continued using the Discord platform, which created like a backstage environment for the participants.

The meeting was inspiring, and the participants and attendees were the basis of its success due to their interaction and their desire to develop their business with a network of mentors with experience and competence in various fields. Here you can see some of the most interesting tips from the mentors.

José “Joma” Jimenez’s top 3 tips about getting investments:

  1. Take the fears of the investors out: “One way to take fears from investors is to make them relate and understand the problems that you are trying to solve”.
  2. Show how painful it is going to be without your solution, and let them understand how magically you are going to solve it!
  3. Start meeting investors as early as possible to build the network

“Network is an important key to get investors to come to you instead of chasing funds. As soon as you start your company, start meeting investors, let the people know that you are doing great work, and build your relationship with them.”

José Jimenez

Rudolf “Rudi” Vogl’s top 3 tips about leading in the digital age:

  1. Startups are born with the digital mindset – but think also how it shows in your leadership principles: are you leading your business with focus on the audience and future, openly and data-drivenly?
  2. Leading yourself in turbulence times is important too. Find your source of energy that gives you motivation and ensure to arrange time for it.
  3. Remember to recharge yourself too: “Humans are not functioning like computers, we have to take time for our mental and physical health” says Rudi Vogl.

With the continuation of the Covid-19 pandemic and its impact on many sectors, whether service or financial, it is necessary to adapt to this new situation by finding modern or different ways to continue the process of creativity and leadership and that’s why Nestholma also transformed the physical mentoring events into a virtual meetup.

As the organizer of this meeting, I found interaction and interest from startups to participate in this meet-up and meet with our distinguished mentors. I also found enthusiasm and desire from our mentors to participate and give advice and directions to participants.

I would like to thank everyone for accepting the invitation to participate and interact during the meeting. Nestholma continues to boost startups build relationships with experienced mentors that in turn facilitate the process of creativity and innovation.

Interested in mentoring?

Are you interested in mentoring or supporting our startups in other ways? There are various ways that you can contribute – from active regular mentoring sessions into participation in our events or workshops. For more information, you can contact virpi @ nestholma.com.

About the writer

Abdullah Althobaiti from Saudi Arabia, a recent graduate from Purdue University and Purdue University Fort Wayne, Indiana US. I’m working at Nestholma as an HR intern (through Virtual Internships) and working at The Bridge to Success LLC in order to gain work experience and gain requirements for a qualification. I have interests in several aspects on both personal and professional sides. On the personal side, I work on developing communication skills and time management. As for the field of human resources, I am interested in managing organizations, developing the role of human resources, developing skills for business leadership and talent management.

Posted by & filed under Collaboration, Entrepreneurship, Human Resources, Team.

Our team is getting some more brilliant people along! We are excited to welcome Nick, Rudi and Raghu on board!

Quan Dinh -also known as Nick – was part of Nestholma’s intern taskforce already this spring creating mind-blowing 2M reach social media campaigns for our clients and contributing to our marketing strategies. Nick is now working as our Marketing Specialist, taking care of our social media, marketing, sales support, and data analytics!

Rudolf Vogl – Rudi – has been our mentor already for a year now, sharing always so inspiringly his senior & exec. level HR business partnering knowledge and vast experience from both big corporations (banking, retail, pharmaceuticals) and entrepreneurship! He’s an expert in cultural transformation and digital leadership and also strengthens our coaching language capacities in German-speaking countries for future projects!

Raghunath Koduvayur – Raghu – will be supporting the Nestholma team as Coach and Marketing Advisor, bringing in his talent as a global marketing leader, entrepreneur, and investor from startups and Fortune 500 companies like Microsoft, Nokia, Tieto, and P&G. He also brings into our team knowledge from health tech and is a board member of Finland India Trade Association.

With these new folks and together with Raquel, Daniel and Antti we have a bold vision.

We want to turn challenging times into new business opportunities and give an entrepreneurial boost into the societies.

“We at Nestholma want to challenge the leaders of HR departments, governments, outplacement companies and any other organizations that contribute into social responsibility to rethink the support that we can provide for the massive talent pool of unemployed people. 

Let’s support people towards new beginnings as entrepreneurs and build the future innovations together.” 

Virpi Jalonen, CEO of Nestholma

Contact us to hear more about the Journey to Entrepreneurship – program and stay tuned as our webpage is being renewed too!

Posted by & filed under Banking, Collaboration, Entrepreneurship, Fintech, Innovation.

Looking back at 2019’s biggest fintech convention of the year.
Source: @money2020 Twitter

…And it’s a wrap! The European leg of Money 20/20 in Amsterdam was a wild success. The world’s largest marketplace for fintech ideas and innovations grew in maturity. Fintech scaleups seemed to outnumber startups. A sign that the fintech industry is growing and developing.

Read more »

Posted by & filed under Collaboration, Corporations, Entrepreneurship, General, Human Resources.

“Most big banks have the tools and advantages to push the boundaries of their existing business models. And they’re certainly motivated. What hampers their progress is uncertainty about how best to build on core strengths to create sustainable outcomes.”

McKinsey

Financial institutions know they need to change. They need to keep up with the digital growth. And they need to keep up with the evolving market that startups are disrupting. Their HR departments feel the urgency and know they need to drive the change. But what often remains blurry is what they need to do in reality to make things happen.

Yes, we need to steer this organization into the new direction – but what is the direction? What does the future of financial institutions look like in practise? And what does it require from people to actually get there?

Read more »

Posted by & filed under Accelerator, Banking, Collaboration, Featured, General.

The way we do transactions (of all sorts) is changing. Technologies such as blockchain and AI have affected the way we do our banking, insurance, legal work, administration, investments, etc.

But I’m preaching to the choir. Many of you who read this are already part of the next wave of fintech. Or they have the new killer insurtech solution. Or you’re using using blockchain to make some current operation obsolete.

Is that you? And most importantly, do you believe in partnerships with the big players in order to become the next big thing?

The you’ll be interested in the blockchain and fintech accelerator

Read more »

Posted by & filed under Accelerator, Collaboration.

We have run 26 different collaboration programs in the past. And in many of them, we helped financial institutions run a corporate accelerator. Because of that, I often the get asked if “we are an accelerator”. And no we’re not: we have expertise in that area, but we are far from that.

In fact, because of those moments, I’m starting to hate the word “accelerator” a little.

But there’s an even funnier part. I often realize that people are confused about what accelerators are. So let’s take a step back, and start there.

Read more »