Podcast appearances and mentions of nicholas hinrichsen

Nicholas Hinrichsen is the cofounder of Clutch. We had him on the podcast almost a year ago and since then, his company has refocused, raised from a16z, and is not in full scale mode. Listen to his learnings in this episode. ★ Support this podcast ★

Today's guest is Nicholas Hinrichsen, this is Nicholas' second time on the show and I am very excited to talk about what he and his company has achieved since we last spoke. Nicholas went to Stanford Business School in 2011 and started a digital automotive retail company after graduating in 2013. Nicholas and his co-founder Chris Coleman went through the startup accelerator YCombinator and raised a total of $10M in Venture Funding before they sold the business to Carvana in 2017. Nicholas left Carvana to start his new company, Clutch. Since we've talked, Clutch has grown to have 21 employers and has raised $16 million in venture funding. Nicholas and his team have grown to have an annual run-rate of $500M in refinance applications. In today's episode, we talk about how to scale a company, when to pivot, and Nicholas's company, Clutch. 

Nicholas Hinrichsen is the co-founder of Clutch, a SaaS company working to turn credit unions into FinTechs, while helping you to refinance your auto loan and save thousands in minutes. Nicholas used to be an avid golfer, playing on Germany's national team for four years. After finishing his master's degree in Germany, he worked at Bain & Company and Merrill Lynch before he moved to the U.S. in 2011. Nicholas and his co-founder Chris Coleman met at Stanford Business School, and after graduating in 2013 they started Carlypso, the Amazon for used cars. They eventually sold to Carvana in 2017, and stayed on board until 2020, when they started the original iteration of Clutch. Topics Covered by Nicholas Hinrichsen in this Episode The pivot Clutch is making and how it came about How they're turning credit unions into FinTech companies Creating a self-serve product Why loan origination systems are archaic and how Clutch is implementing technology to make credit unions more efficient The current business model for Clutch The challenge of competing for talent in Silicon Valley and Clutch's unique approach to new hiring How they came to the decision to hire internationally and the complexities of doing so Their most recent round of fundraising with Andreessen Horowitz What's next for Clutch and the ultimate vision for their consumer experience Listen to all episodes of the Just Go Grind Podcast: https://www.justgogrind.com Follow Justin Gordon on Twitter: https://twitter.com/justingordon212

I got to interview Nicholas Hinrichsen and Christopher Coleman. Nicholas and Christopher met at Stanford Business School in 2011. They quickly became friends and bonded over their international backgrounds and families. After graduating in 2013, the duo started a company called Carlypso aiming to bring used car sales online. In 2017, the founders sold their business to Carvana: with hindsight, they 'started a used car company and sold a software business.' After leaving Carvana, the two founders started a digital auto loan refinancing platform called WithClutch.com. The goal is to help Americans improve their credit and lower their monthly payments through a few clicks. We spoke about: Their journey to now. What motivates them. Weaknesses they turned into strengths. Advice for the audience. And much more. This episode is sponsored by Nova Zora Digital experts in digital marketing. Check out Real Talk Podcasting for all things podcasting. *Disclaimer: The views and opinions on Roman Prokopchuk's Digital Savage Experience are those of the guest's alone as their own, and the host's alone as his own. Information provided by the guest is fact checked to the best of our abilities. By providing background information to the show, the guest acknowledges that it is as accurate as possible. The show does not endorse, promote, or is in association with the guest's business interests.* --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/roman-prokopchuk/support

Nicholas Hinrichsen co-founded a company called Carlypso after graduating from Stanford Business School in 2013. They went through YCombinator (same startup accelerator as AirBnb, DoorDash, Stripe, Reddit etc) in 2014, raised a total of $10M in venture funding by 2015 and sold the business to Carvana.com in 2017. They joined Carvana pre-IPO, went public at a $2.5bn valuation and are now worth $40bn. Carvana is the most valuable used car retailer in the U.S. Nicholas and other the co-founder stayed with Carvana for 3 years and left in June 2020 to start a digital auto loan refinancing platform. Their new business is all around helping Americans save money on their auto expenses and insurance and is a great angle to realize savings. “the most important thing in entrepreneurship is get started. It's so easy to think about the business and an idea and how to provide value and find reasons not to do it. It's so easy to talk yourself out of doing something versus into doing something. So, my advice would be to just get started, do something. The most important thing is to get to a no quickly. You need to find out quickly why the idea that you have in your mind doesn't work. And when you do that you will experience surprises by talking to customers from which you can learn and develop new hypotheses until you find a business that works”…[Listen for More] Click Here for Show Notes To Listen or to Get the Show Notes go to https://wp.me/p6Tf4b-8Py

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Today's guest is Nicholas Hinrichsen, Stanford MBA and an automotive entrepreneur who sold his last company to Carvana.com in 2017 and just started a new business called Clutch. After graduating from Stanford, Nicholas raised $10M in venture capital and found that it was really important to demonstrate growth. After the success of the first company, Nicholas decided to dedicate his time to help Americans with challenged credit by offering a digital platform to refinance auto loans. www.withclutch.com.   Clarissa Burt is an award-winning international media personality/producer/director, writer, author, and public speaker and supermodel.  With hundreds of television and film credits to her name, this Who's Who of International and American Women brings over 30 years of entertainment industry experience in both International and American markets.   Her Brainchild, In the Limelight multi-media platform, is an online portal consisting of video/podcast/digital magazine providing educative, entertaining and empowering content showcasing the savvy entrepreneur. Her engaging interviews bring to the forefront their trials, tribulations, victories, and triumphs.  Clarissa's fun, light and witty style makes for great conversation and is thoroughly enjoyed by her listeners. Ms. Burt's extensive international social work garnered her two private audiences with Pope John Paul II.   As a women's advocate and a leader of social change for a new standard of living, Clarissa was instrumental as Ambassador to the United States for the Walking Africa campaign that awarded African Women the Nobel Peace Prize in 2011.  Clarissa is the first American to present at the Kremlin.  She was recently awarded the Woman of Excellence award by the Women's Economic Forum.   LET'S CONNECT!   Clarissa Burt: www.inthelimelightmedia.com  Facebook http://www.facebook.com/ClarissaBurtOfficial  LinkedIn http://linkedin.com/in/clarissaburt  Twitter https://www.twitter.com/clarissaburt  Pinterest http://pinterest.com/clarissaburt  Instagram http://instagram.com/clarissaburt  Tumblr http://clarissaburt.tumblr.com  Website https://www.inthelimelightmedia.com  Contact email: Clarissa@ClarissaBurt.com    Core Editorial Themes:  Entrepreneurship, Beauty, Fashion, Health, Lifestyle, Finance, Relationships, Money, Wealth, Business, News, Celebrity, Entertainment, Leadership, Charity, Events, News    Music: https://www.purple-planet.com  Purple Planet Music. “Celebration”. Purple-Planet. 2019. Purple Planet Music. “Teamwork”. Purple-Planet. 2019.  Purple Planet Music. “Time of Your Life”. Purple-Planet. 2019. Purple Planet Music. “Victory”. Purple-Planet. 2019.     

If you like what you hear be sure to like, share, subscribe! Podcast- Mindful Multi-Family show Network on Facebook- Mindful Multi-Family Network Instagram- Chris_Salerno_ Youtube Channel- Chris Salerno Website- www.qccapitalgroup.com Like, subscribe, share, and comment below!  This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this recording was obtained from publicly available sources, has not been independently verified by QC Capital, LLC, The Mindful Multi Family Show, and the Host, may not be current, and QC Capital, LLC, The Mindful Multi Family Show, and the Host has no obligation to provide any updates or changes. All price references and market forecasts are as of the date of recording. This podcast is not a product of QC Capital, LLC, The Mindful Multi Family Show, and the Host Research and the information contained in this podcast is not financial research. The views and opinions expressed in this podcast are not necessarily those of QC Capital, LLC, The Mindful Multi Family Show, and the Host and may differ from the views and opinions of other departments or divisions of QC Capital, LLC, The Mindful Multi Family Show, and the Host and its affiliates. QC Capital, LLC, The Mindful Multi Family Show, and the Host is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this podcast. The information contained in this podcast does not constitute investment advice or an offer to buy or sell securities from any QC Capital, LLC, The Mindful Multi Family Show, and the Host entity to the listener and should not be relied upon to evaluate any potential transaction. In addition, the receipt of this podcast by any listener is not to be taken to constitute such a client of any QC Capital, LLC, The Mindful Multi Family Show, and the Host entity. Neither QC Capital, LLC, The Mindful Multi Family Show, and the Host nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.  

Learn how to embrace the digital space in 2020 and beyond!As a graduate from Stanford Business School, Nicholas Henricksen started selling cars- ONLINE!! He was the original online car seller. He sold that business to Carvana. You know, the car vending machine people. He stayed with them for 3 years to help build the online business then stepped away to start yet another online business that was new to the online space: Online student loan refinancing. To say he loves to sell online and build an online business is an understatement!! He thrives on building online businesses that are new to the online space. Especially today, we need to learn to adapt and discover how to do everything online. It is imperative as everything is shifting to online commerce. He says, “If you are looking to create an online business, connect with someone who has done it before or is currently building something similar to what you are doing”. He suggests 3 things to get started in the online space: Be consistent.Be flexible. Just get STARTED!! Mistakes will happen- Use them to learn. Failure is just an opportunity to learn. Share Ideas and interact with Nicholas at www.withclutch.com or check his profile on linked in. He loves to innovate and interact with people online. Meet Nicholas: This is me giving a Ted-like talk at Stanford including about my time as a Golf player on the German National Team:https://www.youtube.com/watch?v=XqLhZ51zybQEver since I co-founded a company called Carlypso after graduating from Stanford Business School in 2013. We went through YCombinator (same startup accelerator as Airbnb, DoorDash, Stripe, Reddit, etc) in 2014, raised a total of $10M in venture funding by 2015, and sold the business to Carvana.com in 2017.We joined Carvana pre-IPO, went public at a $2.5bn valuation, and are now worth $40bn. Carvana is the most valuable used car retailer in the U.S.My co-founder and I stayed with Carvana for 3 years and left in June 2020 to start a digital auto loan refinancing platform. Our new business is all around helping Americans with challenged credit and doing our part to address income inequality.Social Media Handles (LinkedIn, Facebook, etc.)https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a

Failure is not the endpoint. In this episode, Nicholas Hinrichsen, Founder and CEO of WithClutch, joins Mitch as they discuss the opportunities in failure and the importance of giving it 100%. From soccer and golf to successful entrepreneur, Nicholas talks about his journey and the revolutionary that he is. Mitch and Nicholas take a deeper look into Nicholas’ success and the outside forces that played a huge role in helping him pivot amidst failures. Tune in and discover how Nicholas stumbled into something that works and the ideas you can apply to your success.Love the show? Subscribe, rate, review, and share!Here’s How »Join Your First Thousand Clients Community today:mitchrusso.comMitch Russo LinkedIn

Failure is not the endpoint. In this episode, Nicholas Hinrichsen, Founder and CEO of WithClutch, joins Mitch as they discuss the opportunities in failure and the importance of giving it 100%. From soccer and golf to successful entrepreneur, Nicholas talks about his journey and the revolutionary that he is. Mitch and Nicholas take a deeper look into Nicholas’ success and the outside forces that played a huge role in helping him pivot amidst failures. Tune in and discover how Nicholas stumbled into something that works and the ideas you can apply to your success. Love the show? Subscribe, rate, review, and share! Here’s How » Join Your First Thousand Clients Community today: mitchrusso.com Mitch Russo LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

Nicholas Hinrichsen, Co-Founder of Clutch and Carlypso, went to Stanford University in 2011 after studying in Chile and Germany. At Stanford, he co-founded Carlypso, an online marketplace that gave consumers access to vehicles usually sold in wholesale markets. After graduating from Stanford Business School in 2013, he joined the startup accelerator YCombinator, raised Venture Capital in 2015, and eventually sold the company to Carvana in 2017. In this episode of Be EPIC podcast, Hinrichsen gives insight on his entrepreneurial journey and EPIC advice for those wanting to do the same.

The Money Talkers Podcast is a financial literacy and entrepreneurial podcast available on apple podcast, and podcast on Spotify. The Money Talkers Podcast is a great podcast how to start or how-to in becoming financially literate, making money decisions. The Money Talkers podcast isn't a podcast Ben Shapiro, or a podcast true crime, or podcast serial, it doesn't have podcast Joe Rogan or Dave Ramsey, but it is a free podcast with out podcast Brene Brown. The Money Talkers Podcast is the best podcast for ages 5-105.  FOLLOW The Money Talkers www.instagram.com/themoneytalkersTwitter: @TalkersMoneyFacebook: https://buff.ly/2LXoLeKwww.linkedin.com/in/themoneytalkers

The Money Talkers Podcast is a financial literacy and entrepreneurial podcast available on apple podcast, and podcast on Spotify. The Money Talkers Podcast is a great podcast how to start or how-to in becoming financially literate, making money decisions. The Money Talkers podcast isn't a podcast Ben Shapiro, or a podcast true crime, or podcast serial, it doesn't have podcast Joe Rogan or Dave Ramsey, but it is a free podcast with out podcast Brene Brown. The Money Talkers Podcast is the best podcast for ages 5-105.  FOLLOW The Money Talkers www.instagram.com/themoneytalkersTwitter: @TalkersMoneyFacebook: https://buff.ly/2LXoLeKwww.linkedin.com/in/themoneytalkers

Today’s guest’s unique story is fascinating; Nicholas Hinrichsen shares going from a student to raising millions of dollars in venture capital for his startup company and then selling it to a $25 billion-dollar company. Now, Nicholas wants to make a difference with his new social enterprise called Clutch. Growing up with a father who was not only a medical doctor but also into venture capital markets seems to have influenced his life journey. Nicholas says he feels called to make a difference but also a significant impact because of his circle of influence. If you want to learn more about his new venture, go to www.withclutch.com. Nicky is also open to be personally contacted by listeners through his LinkedIn profile at https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/. During the show, we discuss the importance of knowing yourself and becoming clear about your vision. However, the first step is to clarify and confirm your own core values so your vision can be aligned with them. To achieve this, CRG encourages you to consider our powerful online course experience so you can live a life with more purpose and passion: What Do You Really Value? (using CRG’s Values Preference Indicator). We take you through a step-by-step process to help you clarify, confirm and then live your values to increase your fulfilment, engagement and success in life. To learn more and register, go to https://crgleader.com/what-do-you-really-value/. If you want to take yourself to the next level, personally or professionally, consider our Professional Mastery & Assessment Certification workshop. This three-day in-depth experience will transform your life. To find out more, go to: https://www.crgleader.com/certification. Thank you in advance for subscribing, sharing and posting a positive review and/or comment as we expand our impact to encourage and inspire others. Until next time, Keep Living On Purpose! Dr. Ken Keis

Today’s guest’s unique story is fascinating; Nicholas Hinrichsen shares going from a student to raising millions of dollars in venture capital for his startup company and then selling it to a $25 billion-dollar company. Now, Nicholas wants to make a difference with his new social enterprise called Clutch. Growing up with a father who was not only a medical doctor but also into venture capital markets seems to have influenced his life journey. Nicholas says he feels called to make a difference but also a significant impact because of his circle of influence. If you want to learn more about his new venture, go to www.withclutch.com. Nicky is also open to be personally contacted by listeners through his LinkedIn profile at https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/. During the show, we discuss the importance of knowing yourself and becoming clear about your vision. However, the first step is to clarify and confirm your own core values so your vision can be aligned with them. To achieve this, CRG encourages you to consider our powerful online course experience so you can live a life with more purpose and passion: What Do You Really Value? (using CRG’s Values Preference Indicator). We take you through a step-by-step process to help you clarify, confirm and then live your values to increase your fulfilment, engagement and success in life. To learn more and register, go to https://crgleader.com/what-do-you-really-value/. If you want to take yourself to the next level, personally or professionally, consider our Professional Mastery & Assessment Certification workshop. This three-day in-depth experience will transform your life. To find out more, go to: https://www.crgleader.com/certification. Thank you in advance for subscribing, sharing and posting a positive review and/or comment as we expand our impact to encourage and inspire others. Until next time, Keep Living On Purpose! Dr. Ken Keis

Special Guest Nicholas Hinrichsen    Today's guest is Nicholas Hinrichsen, who got his MBA at Stanford in 2013 and started a company after graduating. Nicholas went through the startup accelerator YCombinator in 2014, raised $10M in Venture capital, and sold his business to Carvana in 2017. At Carvana, Nicholas ran a team of 160 people. He was in charge of his team when COVID hit in March, and his whole team transitioned to work from home.  Nicholas left Carvana in June to start WithClutch.com, a digital platform to refinance your auto loan. Car owners can save thousands of dollars in less than two minutes, and his new company is currently working fully remotely as well. During the first nationwide shutdown in America History, companies had to figure out how their employees could navigate their roles while working remotely.  Many of these companies were hoping by now that we would be fully back at work and back to a new normal.  However, in light of the recent changes in the virus, many states are pushing back their openings, sending more people home, and the climate once again is changing.  Today, Nicholas and I talk about the shift to working from home, how to navigate an organization with a remote workforce better, and ways you can maximize your productivity while keeping people safe. Special Guest Information Nicholas HinrichsenCEO of ClutchEmail: nicholas@withclutch.comLinkedIn: https://www.linkedin.com/in/nicholas-hinrichsen/Company Website: withclutch.com/about-us  GLINTER SOCIAL MEDIAL AND CONTACT INFOmichael@michaelglinter.com  (Email) https://www.michaelglinter.com/podcast-1   (Podcast) http://www.linkedin.com/in/michaelglinter   (Linked In) #MichaelAGlinter (Twitter) http://www.facebook.com/michael.glinter (Facebook) https://www.youtube.com/c/MichaelGlinter  (YouTube) www.michaelglinter.com   (Website)   

In this episode we talk with Nicholas Hinrichsen, co-founder of Clutch, about his journey as a co-founder and his experience at Y combinator.  We talk about validating an idea, the importance of knowing your customers, changing direction, securing funding and scaling. Nicky also talks about his angel investments in Latin America.  You can connect with him at:  https://www.withclutch.com 

Nicholas Hinrichsen, former co-owner of Carlypso (the number 1 competitor of Carvana), and now co-owner of the amazing car re-financing company, WITH CLUTCH, shares business tips and his entrepreneurship journey of selling his company to Carvana, implementing their stellar behind-the-scenes data program and starting his new company.

Nicholas Hinrichsen, former co-owner of Carlypso (the number 1 competitor of Carvana), and now co-owner of the amazing car re-financing company, WITH CLUTCH, shares business tips and his entrepreneurship journey of selling his company to Carvana, implementing their stellar behind-the-scenes data program and starting his new company.

Car payments and auto loan debt are some of the costliest expenses many Americans face today. If you are paying more than you should be, then this episode will be a treat for you. Joshua Rhodes sits down with automotive technology entrepreneur Nicholas Hinrichsen, the founder of WithClutch—a technology platform that you can leverage to refinance your auto loans and car loans. Here, Nicholas breaks down the current issues with car loans and the car loan industry, why 50% of Americans are paying more for their auto loans, and what they set out to do to solve and correct this problem. Follow along to this episode and find out how Nicholas is working to save Americans thousands of dollars in car payments.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Rhodes to Wealth community today:https://rhodestowealth.comFacebookLinkedInTwitterInstagram

The bar to what is a good first step to take a start up is too high. So people have to high of expectations. So they start thinking about ideas and talk themselves out of doing things. The bar to get started is really low you just have to take a step. So just go. In our case we want to refinance our loans, what does that mean? We need to talk to people who have an auto loan, so talk to them. The second you start hesitating saying yah I talked to them, I don't know what to offer because I don't have any lenders then you're stuck in this chicken leg problems that you have all the time in a start up. Then you talk yourself out of doing things. So you have to ignore that inner voice. Just do what feels like a mini step toward the right direction. And then another one and another one. Force yourself. The best way to get started is to get started. --- Send in a voice message: https://anchor.fm/the-inventive-journey/message

Today's guest is Nicholas Hinrichsen, my Stanford MBA friend who started a Venture Capital backed automotive company in 2013 and sold the business to Carvana in 2017. To do so, Nicholas went through the startup accelerator YCombinator in 2014 and raised $10M of Venture Capital by 2015. After his successful exit, Nicholas wanted to do more good for the world and started his next venture Clutch to save Americans thousands of dollars in car payments. The technology platform allows you to refinance your auto loan in seconds and from the comfort of your home. This conversation I think will transform your life, we need the mindset on how to pivot and move in a digital world, @robertdelude @withclutch @noneofyourbusinespodcast --- Support this podcast: https://anchor.fm/noneofyourbusiness/support

Some things I know for sure, Americans love cars. And when we buy a car most of us out there are buying more than just the car. We are also buying a payment. Based upon your credit score, that payment can vary drastically, sometimes by hundred of dollars. I can hear my mom saying -- never let your credit score get under 800. Those best practices alone have saved me thousands of dollars over the years. And a ton of grief from my mom.  Today on the show is Nicholas Hinrichsen. Along with his partner Chris Coleman, they started -- WithClutch -- helping Americans with challenged credit finance their cars without the element of the nagging mom.   Connect with Nicholas Hinrichsen: Website: https://www.withclutch.com/ LinkedIn: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/   https://www.withclutch.com/post/24-best-auto-loan-refinancing-lenders-of-august-2020   Check out the Auto Loan Refinance Calculator     Nice Sponsors: Get your FREE Training on how to create lasting wealth through real estate investing from Paul Tompkins and Flipping Experts: https://flippinexperts.mykajabi.com/Beginners%20Guide%20to%20Fix%20&%20Flips   How to Make Money, Grow Your Tribe, and Build Influencing Podcasting (Doug and Strick will be hosting the Masterclass) https://djdoug--turnkeypodcast.thrivecart.com/register/   Get your free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift Check out the "Entrepreneur's Toolkit" Giveaway   Check out Headliner to create social media posts with video easily- make.headliner.app   Simplecast is the easiest way to set up your podcast hosting- Simplecast.com   Zoom is the easiest way to schedule meetings and record your podcast interviews- Zoom.us   Acuity is the easiest way to schedule your podcast interviews, meetings, and life. Acuityscheduling.com   See how The Nice Guys want to make your life easier? You can thank us later.   Reach The Nice Guys Here:  Doug- @DJDoug  Strickland- @NiceGuyonBiz    Nice Important Links:   Subscribe to the Podcast  website: Niceguysonbusiness.com  Book Doug and/or Strick as a speaker at your upcoming event.  Doug's Amazon #1 Best selling book Nice Guys Finish First.     Partner Links:  Amazon.com: Click before buying anything. Help support the podcast.  Acuity Scheduling: Stop wasting time going back and forth scheduling appointments Simply the best VO guy in the business- https://steveobrienvo.com/   TurnKey Podcast Productions Important Links: The Ultimate Podcast Launch Formula  www.turnkeypodcast.com/ultimatelaunchformula  FREE workshop on how to "Be A Great Guest." Free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift     No time to get to this, but you can read the blog here: 12 worries that every entrepreneur has   Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

Some things I know for sure, Americans love cars. And when we buy a car most of us out there are buying more than just the car. We are also buying a payment. Based upon your credit score, that payment can vary drastically, sometimes by hundred of dollars. I can hear my mom saying -- never let your credit score get under 800. Those best practices alone have saved me thousands of dollars over the years. And a ton of grief from my mom.  Today on the show is Nicholas Hinrichsen. Along with his partner Chris Coleman, they started -- WithClutch -- helping Americans with challenged credit finance their cars without the element of the nagging mom.   Connect with Nicholas Hinrichsen: Website: https://www.withclutch.com/ LinkedIn: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/   https://www.withclutch.com/post/24-best-auto-loan-refinancing-lenders-of-august-2020   Check out the Auto Loan Refinance Calculator     Nice Sponsors: Get your FREE Training on how to create lasting wealth through real estate investing from Paul Tompkins and Flipping Experts: https://flippinexperts.mykajabi.com/Beginners%20Guide%20to%20Fix%20&%20Flips   How to Make Money, Grow Your Tribe, and Build Influencing Podcasting (Doug and Strick will be hosting the Masterclass) https://djdoug--turnkeypodcast.thrivecart.com/register/   Get your free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift Check out the "Entrepreneur's Toolkit" Giveaway   Check out Headliner to create social media posts with video easily- make.headliner.app   Simplecast is the easiest way to set up your podcast hosting- Simplecast.com   Zoom is the easiest way to schedule meetings and record your podcast interviews- Zoom.us   Acuity is the easiest way to schedule your podcast interviews, meetings, and life. Acuityscheduling.com   See how The Nice Guys want to make your life easier? You can thank us later.   Reach The Nice Guys Here:  Doug- @DJDoug  Strickland- @NiceGuyonBiz    Nice Important Links:   Subscribe to the Podcast  website: Niceguysonbusiness.com  Book Doug and/or Strick as a speaker at your upcoming event.  Doug's Amazon #1 Best selling book Nice Guys Finish First.     Partner Links:  Amazon.com: Click before buying anything. Help support the podcast.  Acuity Scheduling: Stop wasting time going back and forth scheduling appointments Simply the best VO guy in the business- https://steveobrienvo.com/   TurnKey Podcast Productions Important Links: The Ultimate Podcast Launch Formula  www.turnkeypodcast.com/ultimatelaunchformula  FREE workshop on how to "Be A Great Guest." Free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift     No time to get to this, but you can read the blog here: 12 worries that every entrepreneur has   Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

 Most credit unions continue to wrestle with too many deposits and too few places to park that money profitably.  Call this Part 3 of the CU2.0 deep dive into lending in the pandemic era and that is because Barclay Keith, CEO of Artis Technologies, has developed tools that will enable a credit union to empower business members - think home improvement retailers, contractors, jewelers, etc. - to initiate personal loans to consumers, typically in the range of $3000 to $65,000.For the credit union, this just may be a high yield lending arena that also may well bring in new members.For the business, a fast, convenient way for a shopper to borrow may bring in bigger and more sales.For the consumer, this may be a quick and easy way to borrow at competitive rates.Win-win-win.For the consumer it typically takes minutes to complete a loan app, a process that can be initiated and completed at the retailer.  The underwriting is AI powered, there's instant KYC verification, and the lending institution - the credit union - gets to set its own policies. Some may not want to lend to subprime borrowers, others may.  Some may want to lend only to super-prime borrowers, many will have a broader standard. Artis Technologies lets the lending institution set the policies it is comfortable with.The conversation with Keith in this podcast is a broad look at how the Artis tools work and the benefits that may come to credit unions that deploy them.Part 1 of the new lending tactics series is #113 with Sherif Hassan on small business lending.  Part 2 is #114 with Nicholas Hinrichsen on opportunities in refinancing car loans and also lending to subprime car buyers.   You know you have money on hand you want to put to work.  Listen to the CU2.0 trilogy for ideas you can use today.Barking alert:  There is some barking and growling in this podcast, noises that defied filtering software used in editing the podcast.  The podcast is clearly audible.  And no animals were injured in recording the podcast.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.comAnd like this podcast on whatever service you use to stream it. That matters.Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

Nicholas Hinrichsen started his first company, Carlypso, in 2013. He participated in YCombinator and raised $10M in venture funding, before eventually selling the business to Carvana in 2017. Nicholas is now building a new company in the automobile space called Clutch.  In this conversation, we discuss learnings from building Carlypso, vertical integration, margin competition, propensity for action, neobanks, and the financialization of everything. ============================== Crypto.com is the only all-in-one platform that allows you to BUY / SELL / STORE / EARN / LOAN / INVEST crypto all from one place. Join over 1 million users currently using the Crypto.com app. Download and earn $50 USD using my code ‘pomp2020’, or use the link https://platinum.crypto.com/r/pomp2020 when you sign up for one of their metal cards today. ============================== Coinbase Wallets are adding support for .crypto and .zil domains through their partnership with Unstoppable Domains. Unstoppable Domains provides an all-in-one solution for blockchain domains. You can send money using these new domains instead of long Bitcoin wallet addresses, while also storing your domain in Coinbase's collectibles section. Go to unstoppabledomains.com in the dapp browser to register and manage your domains. ============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

My next guest co-founded a company called Carlypso after graduating from Stanford Business School in 2013. He went through YCombinator (same startup accelerator as AirBnb, DoorDash, Stripe, Reddit etc). He Raised a total of $10M in venture funding by 2015 and sold the business to Carvana.com in 2017. He stayed with Carvana for 3 years and left in June of 2020 to start a digital auto loan refinancing platform. Our new business is all around helping Americans with challenged credit and they are doing their part to address income inequality. They are closing their funding round as we speak and should be off to the races! Contact Nicholas at https://www.withclutch.com

Call this Part 2 of our smarter lending for credit unions. The recent episode, #113, explored small business lending with Capiform's Sherif Hassan. Listen here. This week it's time for something entirely different.Happy with your car loan portfolio?Many credit unions are anything but and this has become a crucial issue as most are awash in deposits and now are hunting for profitable places to put that cash to work.Car loans could be it. But indirect lending...not so much.Enter Nicholas Hinrichsen, an online car sales veteran who co-founded an online used car marketplace in 2015 when he raised $10 million in venture capital. They sold that business in 2017 to Carvana, which by now has grown into one of the nation's biggest used car retailers.After logging three years at Carvana he is again starting up a new company, with $5 million in venture funding, where the aim is to help credit unions better sell car loans to their members.Hinrichsen knows car loans and he also knows about credit union dissatisfaction with indirect loans.  He has a better idea: helping members refinance existing car loans issued by third parties, converting them into credit union owned loans.Credit unions can win that fight, said Hinichsen, because usually their loans are better, at lower interest rates.Most credit unions, he admits, do "spray and pray" marketing, sending out mailers to all pre-qualified members. In this podcast he tells a smarter, more cost effective way to contact the right members, ones who just might be prospects for car refinance.Keep listening because he has an idea for tools that will essentially pre-populate a loan app for a member, using data the credit union already has. So filling out a loan application literally takes seconds.And another - intriguing - idea he has is about how to profitably make sub-prime loans to existing members and, in the process, to create a path for them to get lower interest rates going forward. Just that may be a core credit union mission, especially as more members deal with economic pains of the pandemic.You know you want to issue more and more profitable auto loans. This is a podcast you have to hear.Contact Hinrichsen here.  The company is named ClutchLike what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.comAnd like this podcast on whatever service you use to stream it. That matters.

Starting the Startup Today's guest is Nicholas Hinrichsen, my Stanford MBA friend who started a Venture Capital backed automotive company in 2013 and sold the business to Carvana in 2017. To do so, Nicholas went through the startup accelerator YCombinator in 2014 and raised $10M of Venture Capital by 2015. A New Business Journey After his successful exit, Nicholas wanted to do more good for the world and started his next venture, Clutch to save Americans thousands of dollars in car payments. The technology platform allows you to refinance your auto loan in seconds and from the comfort of your home. More about Nicholas: Linkdin: https://www.linkedin.com/in/nicholas-... Clutch: https://www.withclutch.com/ --- Support this podcast: https://anchor.fm/coffeewithmike/support

Call this Part 1 of our smarter lending duet.  Part 2, posting tomorrow in podcast 114, is on smarter car loans with Nicholas Hinrichsen. You don't want to miss that one. PPP loans just may have awakened credit unions to the immense opportunity there is in small business lending.  That's what Sherif Hassan, CEO of fintech Capiform, believes.  The opportunity is there.But to win that business credit unions need to speed up their lending process, said Hassan, and they also need to create a more efficient process that cuts costs.Automation - smart technology - is the key.  At many credit unions, the typical cost for funding a small business loan is around $3600, said Hassan.  Capiform's tools  get that cost down to maybe $360.At that cost, suddenly making smaller loans - maybe $50,000 or $75,000, loans that often are what small businesses want - is realistic.Community banks have long had a lead in small business lending, but CU2.0 Podcast listeners recently heard Steve Bruyn of Foresight Research say that his data shows a huge drop in customer satisfaction at community banks. That's an opportunity for credit unions.Add in the comfort many credit unions gained in the PPP program - where they learned they could successfully deal with small businesses and also with the federal government - and the path to more loans for credit unions is clear.It comes at an ideal time. Many credit unions are drowning in deposits. Small business loans are a profitable path to safety.Don't many fintech lenders want that same market? They do. But credit unions - with their community focus - have a fast track to succeeding in that battle. Listen up as Hassan tells why.You may have heard Hassan's earlier podcast. Here's a link.Listen up to this new podcast here.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.comAnd like this podcast on whatever service you use to stream it. That matters.

Nicholas Hinrichsen is a serial entrepreneur that co-founded a peer-to-peer car selling service he and his partner ultimately sold to Carvana. In this episode, we discussed the process of starting, funding, and eventually selling a company.  We'll also learn ways to identify winning ideas and moving forward on them. Follow Host Orlando Rios: Twitter: @OrlandoRios Instagram: @IMOrlandoRios LinkedIn: Orlando-Rios Please subscribe, share, and rate this show! Visit https://dropkickads.com and use code ULTIMATE for 10% OFF any service.

401 - Refinancing Auto Loans with WithClutch's Nicholas Hinrichsen

Your host, Liz Saunders, speaks with Nicholas Hinrichsen, co-founder of WithClutch, about his knowledge of refinancing auto loans and how he became a business owner. Now if you got something out of one of our interviews, would you share this episode on social media? Just do a quick screenshot with your phone and text it to a friend or post it on your favorite social network. If you do that, tag us #LeverageToScale. What do you win? We're going to promote you and your business to ALL of our social media fans totally free. Next, if you thought this was a valuable use of your time, please support the show and give us a thumbs up, or a rating and review. We promise to read it all and take action.

FFU sits down with Nicholas Hinrichsen, Stanford Alum and co-founder of Clutch, a FinTech platform to refinance auto loans. Hinrichsen's mission is to help Americans with challenged credit through lowering their payments. 

Nicholas Hinrichsen * Carlypso Founder * WithClutch Founder Nicholas is our Stanford MBA friend, who started a Venture Capital backed automotive company in 2013 and sold the business to Carvana in 2017.  To do so, he went thru the startup accelerator YCombinator in 2014 and raised $10M by 2015. After his successful exit, Nicholas wanted to help more and started his next venture Clutch, to save Americans thousands of dollars in car payments.  His technology platform allows people to refinance auto loans in seconds, from the comforts of your own homes. https://www.withclutch.com https://www.withclutch.com/post/best-auto-loan-refinancing-lenders https://www.withclutch.com/faq/how-to-refinance-my-ally-financial-auto-loan    

Today, Leafy hosts sit down with Nicholas Hinrichsen, Co-Founder of Clutch, a company that is uniquely qualified to refinance car loans.  You may have heard Nicholas’s TedX Talk about his experience as a professional golfer on the German National Team. Nicholas co-founded a company called Carlypso after graduating from Stanford Business School in 2013. He and his partner went through YCombinator (same startup accelerator as AirBnb, DoorDash, Stripe, Reddit etc) in 2014, raised a total of $10M in venture funding by 2015 and sold the business to Carvana.com in 2017. He then joined Carvana pre-IPO, went public at a $2.5bn valuation and is now worth $40bn. Carvana is the most valuable used car retailer in the U.S. After working with Carvana for 3 years, Nicholas left  to start a digital auto loan refinancing platform. His new business, Clutch, is all around helping Americans with challenged credit and doing his part to address income inequality. Nicholas tells us if you have a credit score better than 700, going with a credit union, you will have a rate lower than 2%. If your credit is between 600-700, a traditional bank can loan you between 3%-15% interest on your loan.  Below 600 credit score, a car loan can be up to 29%. Listen to the entire show to learn how to lower your car loan interest rate and get refunded on gap insurance, etc.  To learn more about Nicholas Hinrichsen and Clutch, visit:https://www.withclutch.com/https://www.withclutch.com/auto-refinancehttps://www.withclutch.com/post/best-auto-loan-refinancing-lenders

This episode was produced remotely using the ListenDeck standardized audio production system.   You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Play, Stitcher, Spotify and iHeartRadio. In this episode the host John Siracusa chats remotely with Nicholas Hinrichsen, fintech founder with multiple exits, investor and currently building WithClutch.  Nicholas founded and exited a few companies such as Carlypso which was acquired by Carvana back in 2017.     Tune in and Listen. Subscribe now on Apple Podcasts, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday’s remote interview with Travis Schwab from Eventus.   About the host: John, is the host of the ‘Bank On It’ podcast recorded onsite in Wall Street at OpenFin.   He's also the founder of the remotely recorded, studio quality standardized audio production system ListenDeck. Follow John on LinkedIn, Twitter, Medium

This episode was produced remotely using the ListenDeck standardized audio production system.   You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Play, Stitcher, Spotify and iHeartRadio. In this episode the host John Siracusa chats remotely with Joe Wald  Co-founder & CEO of  Clearpool Group.  Clearpool Group is a trading software and execution innovator for an evolving equity market microstructure.  They were recently acquired by BMO, this is the second time having Joe as a guest on the show, during this interview they talk about how the acquisition came together.      Tune in and Listen. Subscribe now on Apple Podcasts, Google , Stitcher, Spotify and iHeartRadio to hear Thursday’s remote interview with Nicholas Hinrichsen, multiple exited entrepreneur and investor currently working on WithClutch.   About the host: John, is the host of the ‘Bank On It’ podcast recorded onsite in Wall Street at OpenFin.   He's also the founder of the remotely recorded, studio quality standardized audio production system ListenDeck. Follow John on LinkedIn, Twitter, Medium

Today's guest is Nicholas Hinrichsen! Stanford MBA and founder of Carlypso, for which he had raised $10M in venture funding by 2015 before he sold the company to Carvana.com in 2017. Nicholas is a serial entrepreneur. After staying at Carvana for 3 years, he and his former co-founder Chris Coleman left to start WithClutch.com, a digital platform to refinance auto loans. 20M car owners can save thousands of dollars in minutes and usually don't know refinancing a car loan is even an option! "Never Split the Difference" by Chris Voss Fresh Clean Tees 15% off

Today's guest is Nicholas Hinrichsen, who went to Stanford Business School in 2011 and started a digital automotive retail company after graduating in 2013. Nicholas and his co-founder Chris Coleman went through the startup accelerator YCombinator and raised a total of $10M in Venture Funding before they sold the business to Carvana in 2017.In this episode, Nicholas talks about the importance of failure and gaining insights, which ultimately led to his new business WithClutch.com. Nicholas left Carvana in June to start a digital platform to refinance auto loans and save millions of Americans thousands of dollars on their car payments. 

Stanford GSB grads discuss MBA admissions, entrepreneurship and affordable car loans [Show summary] Nicholas Hinrichsen and Chris Coleman, startup co-founders who earned their MBAs at Stanford GSB, return to Admissions Straight Talk to share what they’ve accomplished as entrepreneurs since earning their MBAs. Chris Coleman and Nicholas Hinrichsen share how their experiences at GSB helped them grow their startups [Show notes] So, you want to be an entrepreneur in something using tech. Or maybe you're interested in tech product management. Should you get an MBA? Is it a waste of time and money that you could better spend learning on your own, founding your own business? Two Stanford GSB grads are here to share their perspective, reflecting seven years of successful entrepreneurial experience since earning their MBAs. Nicholas Hinrichsen and Chris Coleman, who were previously guests on Admission Straight Talk in Episode 88, both graduated from Stanford GSB in 2013. While at GSB, they founded Carlypso, which was acquired by Carvana in 2017. Since then, they’ve founded a new venture, WithClutch. When we last spoke, you both had recently graduated from Stanford GSB, and you were running Carlypso, which you had founded as MBA students. What's happened since then? Can you bring us up to date? [2:09] Chris: A lot has happened since then. When we talked, I think we were going through Y Combinator. We actually ended up pivoting the business into a new model since that time. Carlypso was this sort of peer-to-peer car sales platform. We ended up pivoting to being a direct wholesale channel where we sold cars, leasing to companies that can't sell directly to the consumer but have to sell through these wholesale auctions. We became a virtual dealer of sorts. We built software that said, "Okay, what are the cars that we think are good for consumers? How do we figure out how to use performance marketing to our advantage so that we can market the right car to the right consumer?" We had a pretty good handle on that. It was a good business. It wasn't a great business because it required very, very heavy operations, actually moving around 4,000-pound pieces of metal all the time, rather than bits and bytes. The software that we built ended up being more valuable than our end-value prop to consumers. And so we sold the software to Carvana, and ended up joining as executives there. Nick ran the sell-to-Carvana business of buying cars from consumers, and I ran product for the initial part of the consumer experience, from the homepage, search page, and product pages. We spent three years there. It was a great three years of seeing the company go from early public company to the company everyone else is aiming to beat. That was a really fun ride, and we got to know some of the executives there very well who were super helpful and had very different skill sets than us. Now we've gone off to start a new thing again. Me and Nick have just started WithClutch, which is sort of a platform for saving consumers on their automotive expenses. Nick: Our first employee at Carlypso ended up applying to business school when we sold. So, business school plays lots of roles in our lives. The person at Carvana who we touched base with to “compare notes” (when what we really wanted was to sell the company) happened to be one of our classmates from GSB. I had worked on a student-run event with her, and Chris had been on a student trip with her. Thankfully, GSB reappeared in our lives multiple times. I don't think we would have made it to where we are without our experience at the GSB, frankly. Silicon Valley tends to disparage the MBA. When we spoke in 2013, you were very happy you did your MBA. Do you still think the time you spent at GSB was time well spent? [5:34] Nick: There are so many dimensions to it. If you go into it thinking it's an academic experience, you'll walk out of it with so much more than what you've learned.

Monologue – how is everyone doing? That is my question. Allow me to remind you of August’s shows because they address entrepreneurs on a personal, professional, and social level. August Episode Sponsor  Podcast Academy Online We opened the month with Dee Woolridge who spoke with me about being resilient (ability to bounce back). How we do is important https://youtu.be/XcnpTxVPHak   Nicholas Hinrichsen reminded us that he was one of the crazy guys that built a major company “an overnight success 7 years in the making”  Nicholas and his partner had the tech info that fast-emerging Carvana was looking for, the two companies joined, and well as they say, history was made. Quite a story of inspiration! https://youtu.be/1N8v0MA8Xfo Kahlida N Lloyd Esq created Mission Reconcile – a faith-based racial reconciliation nonprofit created to bring together one race/culture churches to talk about race, racism and create organic relationships. Our conversation caused me to understand the need to have conversations that open one up to love, and reconciliation that begins in the church. Timely conversation examining race relations. https://youtu.be/3RbDnPcD7-4   https://youtu.be/SksI_V_S5jg Debbie Durkin (Durkin Entertainment) gave us a 2-part conversation. Part 1 was an exciting, inspirational look at how a feisty, savvy woman relocated to Beverly Hills, figured out how to maintain an office, serve her clients and build a business that blossomed to make her one of Hollywood’s leading sustainable Tv/Film/Event Produce Placement Producers.  Part 2, Debbie detailed how she’s preparing to make history – host an Ecoluxe Lounge during the pandemic. If anyone can do it, Debbie Durkin will   August Episode Sponsor Podcast Academy Online

Nick Hinrichsen is the CEO of Clutch – a newly-launched technology platform created to help Americans save thousands of dollars on car payments with just a few clicks. Nick previously founded Carlypso, a YCombinator startup that was acquired by Carvana in 2017. Nick sits down with Chris Snyder to share more about his experience creating a successful startup, raising $10M in funding, and what’s next for Clutch.

September 3, 2020 Sold to Carvana Nicholas Hinrichsen and Hungry Fan Ola Gambari

Today's guest is Nicholas Hinrichsen, Stanford MBA and founder of an online used car sales company called Carlypso. Buying a used car is a very emotional decision and Nicholas is sharing his experience with escalated customers. In 2017, Nicholas sold his business to Carvana. After three years with Carvana, the founder left to start WithClutch.com, a digital platform to refinance auto loans. There are 20M car owners who can save thousands of dollars in minutes and usually don't even know refinancing a car loan is even an option! --- Support this podcast: https://anchor.fm/chris-frey/support

Imagine starting a business with a friend and that business changing the car sales game for the better. Now imagine that business being acquired by Carvana and taking an idea between two friends and taking it to the next level. This week’s guest Nicholas Hinrichsen not only did that when it came selling to cars alongside his friend and business partner Chris Coleman via their company Carlypso. Nicholas and Chris now look to do it in the auto loan refinance space with his latest venture With Clutch. Nicholas shared a lot of great tips and tactics when it comes to both being a founder and finding your niche in the business world. “Don’t Let A Good Crisis Go To Waste.” Please take note of the quote Nick shared during our conversation and find ways to make the most of this current climate and do those things you’ve been putting off or were uncertain about doing. Taking that leap of faith may be all you need to do. The views expressed on air during Toys & Tech of the Trade do not represent the views of the RAGE Works staff, partners, or affiliates. Listener discretion advised. Toys, Tech & Awesome Stuff Mentioned in This Episode Disclaimer: Some of these links are affiliate links which means that if you click and make a purchase via the link RAGE Works will receive a small commission Books Never Split The Difference: Negotiating As If Your Life Depended On It by Chris Voss: https://amzn.to/34FF36i Guest Links Connect with Nicholas on LinkedIn: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ Learn more about With Clutchhttps://www.withclutch.com/https://www.withclutch.com/faqshttps://www.withclutch.com/auto-refinance   Keep up with RAGE Works Follow RAGE Works on: Instagram: https://www.instagram.com/rageworks/Twitter: https://twitter.com/RAGE_WorksFacebook: https://www.facebook.com/OfficialRAGEWorks/ Check Out Some of the Other Shows on the RAGE Works Network Call Me When It’s Over: https://www.rageworksnetwork.com/show/cmwio/Cheese! A Photography Podcast: https://www.rageworksnetwork.com/show/capp/Black is the New Black: https://www.rageworksnetwork.com/show/bitnb/The Variant Issue: https://www.rageworksnetwork.com/show/tvi/Turnbuckle Tabloid: https://www.rageworksnetwork.com/show/tbt/Trek Untold: https://www.rageworksnetwork.com/show/trek-untold/    

Imagine starting a business with a friend and that business changing the car sales game for the better. Now imagine that business being acquired by Carvana and taking an idea between two friends and taking it to the next level. This week’s guest Nicholas Hinrichsen not only did that when it came selling to cars alongside his friend and business partner Chris Coleman via their company Carlypso. Nicholas and Chris now look to do it in the auto loan refinance space with his latest venture With Clutch. Nicholas shared a lot of great tips and tactics when it comes to both being a founder and finding your niche in the business world. “Don’t Let A Good Crisis Go To Waste.” Please take note of the quote Nick shared during our conversation and find ways to make the most of this current climate and do those things you’ve been putting off or were uncertain about doing. Taking that leap of faith may be all you need to do. The views expressed on air during Toys & Tech of the Trade do not represent the views of the RAGE Works staff, partners, or affiliates. Listener discretion advised. Toys, Tech & Awesome Stuff Mentioned in This Episode Disclaimer: Some of these links are affiliate links which means that if you click and make a purchase via the link RAGE Works will receive a small commission Books Never Split The Difference: Negotiating As If Your Life Depended On It by Chris Voss: https://amzn.to/34FF36i Guest Links Connect with Nicholas on LinkedIn: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ Learn more about With Clutchhttps://www.withclutch.com/https://www.withclutch.com/faqshttps://www.withclutch.com/auto-refinance   Keep up with RAGE Works Follow RAGE Works on: Instagram: https://www.instagram.com/rageworks/Twitter: https://twitter.com/RAGE_WorksFacebook: https://www.facebook.com/OfficialRAGEWorks/ Check Out Some of the Other Shows on the RAGE Works Network Call Me When It’s Over: https://www.rageworksnetwork.com/show/cmwio/Cheese! A Photography Podcast: https://www.rageworksnetwork.com/show/capp/Black is the New Black: https://www.rageworksnetwork.com/show/bitnb/The Variant Issue: https://www.rageworksnetwork.com/show/tvi/Turnbuckle Tabloid: https://www.rageworksnetwork.com/show/tbt/Trek Untold: https://www.rageworksnetwork.com/show/trek-untold/    

Have you ever felt like you’re still trying to find where you fit or what you’re really good at? The truth is not everyone grows up with a hobby they can stick to for life. But that doesn’t mean you can’t be good at anything anymore. It’s time for you to realize there is no age limit in learning new things and cultivating what you’re genuinely passionate about. In this episode, entrepreneur and venture capital investor Nicholas Hinrichsen shares his experiences about finding his passion and cultivating it through entrepreneurship. Like some of us, he also had his share of struggles and doubts about finding his passion before becoming the successful entrepreneur he is today. He continues to live his life with passion and purpose through his investments and upcoming ventures.  Tune in to this episode to discover more about Nicholas Hinrichsen’s take on finding passion as an entrepreneur.  About Nicholas Nicholas Hinrichsen was born and raised in Germany. He used to play for Germany’s national golf team. In 2000, he decided to move to the United States to study business at the Stanford Business School. After graduating in 2013, he joined the startup accelerator Y Combinator. He raised venture capital for his startup Carlypso in 2015 and eventually sold it to Carvana in 2017.  Nicholas is passionate about technology ventures and excellent customer experiences. He continues to grow his passion by investing in other companies and supporting his friends. He is also currently starting a new company that helps people with refinancing auto loans through a digital platform.   You can connect and get to know more about him through his LinkedIn (https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a?src=aff-lilpar&veh=aff_src.aff-lilpar_c.partners_pkw.123201_plc.adgoal%20GmbH_pcrid.449670_learning&trk=aff_src.aff-lilpar_c.partners_pkw.123201_plc.adgoal%20GmbH_pcrid.449670_learning&click). Here are three reasons why you should listen to the full episode:  Learn more about entrepreneurship through Nicholas Hinrichsen’s journey and success. Discover the role of passion in entrepreneurship and how you can cultivate it in you.  Gain new insights about finding your passion and getting started on an idea.  Resources (https://www.amazon.com/Outliers-Story-Success-Malcolm-Gladwell/dp/0316017930) by Malcolm Gladwell  (https://www.amazon.com/Range-Generalists-Triumph-Specialized-World/dp/0735214484) by David Epstein   (https://www.amazon.com/dp/0060521996/) by Clayton Christensen  With Clutch (https://www.withclutch.com/) — Sign up today to know more about their car refinancing offers. Episode Details (http://seekgocreate.com/cultivating-your-passion-through-entrepreneurship-with-nicholas-hinrichsen/) 5 Powerful Quotes from This Episode “I think it is important for an entrepreneur (to) look for step changes; you look for big differences, not small improvements.” “The journey of an entrepreneur’s to just not take no for an answer ever because the second you do, you just agreed that the status quo is ideal, which I don’t think it is. Ever.” “The most important part, I think, once you have a product is understanding the emotions of the customers.”  “I think entrepreneurship, starting out companies, is all about giving yourself the opportunity to be surprised.”  “Your plan is as good as the next six hours or so.” Enjoy the Podcast?  Seek Go Create is for leaders, entrepreneurs, ministers, and everyone seeking excellence, moving towards success, or creating something new. If this episode taught you more about finding passion and entrepreneurship, don't hesitate! Feel free to subscribe to us on Spotify (https://open.spotify.com/show/4pnLpMwK6gGeTJvXvVam5z). Love to give us 5 stars? If you do, we'd love a review from you. By doing this, you can help us reach more people who want to rest and spend

Today's guest went to Stanford Business School in 2011 and started an online used car company after graduating in 2013. Nicholas raised a total of $10M, went through the startup accelerator Y-Combinator and sold his business to Carvana in 2017. After the sale of his company, Nicholas started investing into real estate projects in Phoenix. The founder realized that real estate is a fantastic assed class for entrepreneurs. After leaving Carvana, Nicholas and his former co-founder Chris joined forces again to build a digital platform to refinance auto loans, called WithClutch.com.

Negotiating tips, money-saving tricks, and car buying advice from Your Auto Advocate team of experts: https://yourautoadvocate.com/guides/ Learn more about Your Auto Advocate here: http://yourautoadvocate.com/ Today Ray and Zach welcome Nicholas Hinrichsen, who got his MBA at Stanford, started an online car retailer Carlypso and sold it to Carvana in 2017. At Carvana, Nicholas built and ran the Sell To Carvana business, and considering Zach is currently in the process of selling his Volvo S90 to Carvana, we thought what better time than now to have Nicholas on the show.   After three years with Carvana, Nicholas left to start WithClutch.com, a digital platform to refinance auto loans. 20 million car owners can save thousands of dollars in minutes and usually don't know refinancing a car loan is even an option!   Ray and Zach discuss automotive refinance, automotive tech, and specifically Carvana's "Sell to Carvana" program in this episode. We hope you enjoy! If you do, please consider sharing with a friend on Twitter, Facebook, or LinkedIn.  

Nicholas Hinrichsen, has never considered himself a person with a disability. Nicholas lost his hair when he was only 11 years old. For six years, he hid his alopecia under a baseball cap and nursed his young self-esteem. Twenty years later, he graduated from Stanford Business School and started an online car sales platform that became "The Amazon for used cars!" Nicholas has just started a new venture called WithClutch.com, a digital platform to refinance auto loans. He is the picture of success and attributes his hair loss to building character and developing his authenticity.

Hi Everyone! Welcome to LifeUpEducationTV, an entertainment and education show featuring incredible stories of high achievers across a wide variety of industries from entertainment to technology. ( LifeUpEducationTV.com) You can find him at WithClutch.com (https://www.withclutch.com/) Linked In: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ I am so excited to introduce you to today's guest! His name is Nicholas Hinrichsen, who joined the show from San Francisco, California. He was born and raised in Germany, used to play on the national Golf team and ended up moving to the Bay Area to pursue an MBA in Stanford. Nicholas started his first company in 2013, went through YCombinator and raised $10M by 2015. In 2017, Nicholas sold his company to Carvana, stayed there until 2020 and recently left to build a FinTech business. WithClutch.com is a digital platform to refinance auto loans in the U.S. If you want to lower your payments and save thousands of dollars, check out their refinance calculator now. Today we asked his these following questions: 1. What is your background? 2. Our big theme of the show talks about "the possibility of humanity." Can you tell me what role do you see technology play in this as a tech entrepreneur, investor, and advisor? Why did you decide to pursue technology? 3. Tell me about your experience at YCombinator, Silicon Valley's most renowned startup accelerator? 4. Was the Stanford MBA valuable for your career? 5. What is the number one skill do you think needed for someone to become a successful entrepreneur or an investor in the tech industry? This episode is brought to you by LifeUpEducationTV.com Find Natsune on Social IG: https://bit.ly/2MXnMLZ FB:https://bit.ly/37Cr8xC TikTok: https://bit.ly/2YzgqUl YB: https://bit.ly/32gM24C Find my book: Book press release: https://bit.ly/37rkaeN Book outline: https://bit.ly/2DFkewA Book Page: https://www.lifeupeducationtv.com/english-book Join Our Community ( LifeUpTribe) https://www.facebook.com/groups/542785799705331/ (Premium Coaching Group) https://www.lifeupeducationtv.com/premium-coaching-group) https://www.lifeupeducationtv.com/post/a-former-national-golf-player-stanford-mba-ycombinator-graduate-became-a-fintech-entrepreneur

Entrepreneur Nicholas Hinrichsen is telling you (better listen)  – 2020 is not a wash but an opportunity! A takeaway from our conversation – online tech is where your “North Star” should point – start, do something! Nicholas Hinrichsen - Linkedin Profile Nicholas just launched With Clutch   Refinance your car and lower your monthly payments    Don't be discouraged short term no customers revenue whether think long term be on the right path have the right North Star then it will all take care of itself the company will grow   Nicholas Hinrichsen (a business student at Stanford) & his friend Chris formed a company; they helped classmates sell their cars. These two gents detailed the cars, photos taken, and posted on Craigslist! The momentum of the business caught the professor's attention, and they wanted to invest in Chris & Nicholas’s business! Needless to say, these two entrepreneurs became a case study and still are at Stanford How they became a part of the rocket ship Carvana   Chris & Nicholas compared notes, started a conversation with the competition Carvana which was a fast-growing business. Carvana found that Chris and Nicholas already had the technology that they sought,  Chris and Nick Nicholas were looking to expand, thus  Chris, Nicholas and their team moved from a medium-sized company to the rocket ship Ferrari Carvana, and stayed on for three years What Nicholas is working on now   Dealers don't give you the best car loan They give you the one that pays him or her the highest referral fee. Building a digital platform that allows you to refinance your car loan is what Nicholas is working on these days. Nicholas Hinrichsen - LinkedIn Profile Takeaways from our conversation   As an interviewer, I made their Seven years in the car business sound like stair steps, in reality, it was a crazy rollercoaster time going from being ecstatic to the next moment convinced they would have to shut their doors this won't work .per Nicholas this was an overnight success seven years in the making .every entrepreneur struggles most of the time and one day wakes up to a massive business, and then realizes it has worked but it was a hard way   Don't overthink when starting your business take action, Do something, get started, customers, will tell you what they want. Learn what's valuable to people, put yourself out there.   Fear -it's not unusual to feel that the business is not working Nicholas said it never felt like it was working it was a rollercoaster .they modified their business model from peer to peer and began making cars available to people through technology, this version of the business model started growing a lot   Happy customers are most powerful for small businesses, they are loyal they share their experience. when you are a small company you can talk to the customer you can talk to and delight your customers Show Sponsors Podcast Academy Online – learn to podcast at your own pace https://podcastacademyonline.com/      

[ファウンダートークシリーズ] 彼の会社：WithClutch.com Linked In:https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ 今日はカリフォルニア州サンフランシスコからテクノロジー業界で大活躍の実業家ニコラスヒンリクセンさんに参加してもらいました。彼はドイツで生まれ育ち、ゴルフの全国代表チームでプレーし、スタンフォードでMBAを取得するためにベイエリア（サンフランシスコ）に移動しました。 Nicholasは2013年に最初の会社を設立し、YCombinatorを通過して2015年までに1,000万ドルを調達しました。2017年、Nicholasは会社をCarvanaに売却し、2020年までそこでジェネラルマネージャーに勤め、現在はFinTechビジネスの構築をするために同社を去りました。 現在はWithClutch.comでファウンダーを勤めます。WithClutch.comは、米国の自動車ローンの借り換えを行うためのデジタルプラットフォームです。 WithClutchのリソースは、次のような便利なツールを提供しています。 オートローン借り換え計算機： https://www.withclutch.com/auto-loan-refinance-calculator 無料のMonroneyステッカー製造ツール： https://www.withclutch.com/window-stickers あなたの車の支払いを下げる方法の詳細を紹介： https://www.withclutch.com/faqs 今日、私たちは彼に以下の質問をしました： 1.あなたの経歴は何ですか？ 2.人類の進歩におけるテクノロジーの役割は何ですか？なぜテクノロジーを追求することにしたのですか？ 3.シリコンバレーで最も有名なスタートアップアクセラレータであるYCombinatorでの経験について教えてください。 4.スタンフォードMBAはあなたのキャリアにとって貴重でしたか？ 5.誰かが成功した起業家やテクノロジー業界の投資家になるために必要だと思う一番のスキルは何ですか？ [Founder Talk Series] You can find him at WithClutch.com (https://www.withclutch.com/) Linked In: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ I am so excited to introduce you to today's guest! His name is Nicholas Hinrichsen, who joined the show from San Francisco, California. He was born and raised in Germany, used to play on the national Golf team and ended up moving to the Bay Area to pursue an MBA in Stanford. Nicholas started his first company in 2013, went through YCombinator and raised $10M by 2015. In 2017, Nicholas sold his company to Carvana, stayed there until 2020 and recently left to build a FinTech business. WithClutch.com is a digital platform to refinance auto loans in the U.S. If you want to lower your payments and save thousands of dollars, check out their refinance calculator now. WithClutch's resources offer useful tools, including: Auto Loan Refinance Calculator : https://www.withclutch.com/auto-loan-refinance-calculator A free Monroney Sticker generating tool: https://www.withclutch.com/window-stickers Find Out more on how to lower your car payment: https://www.withclutch.com/faqs This episode is brought to you by foreignconnect.org Who we are: Our goal is to help our clients create new opportunities in their targeting foreign economy by developing strategic international partnership development and ongoing communication & task management.

Our guest today is Nicholas Hinrichsen ( https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ ) , a Stanford MBA who built a digital platform for used car sales in 2013. He raised $2M in seed funding from angel investors and the startup accelerator YCombinator by 2015. After doing a pivot in the business model, sales took off and Nicholas and his co-founder Chris Coleman ( https://www.linkedin.com/in/christopher-coleman-a316696/ ) raised a $8M venture capital round. In 2017, the two founders sold their business to Carvana ( https://www.carvana.com/ ) , which was growing at a rapid pace. Nicholas and Chris stayed at Carvana for three years to see their vision come to fruition and left June of this year to start a new company. WithClutch.com ( https://www.withclutch.com/ ) is a FinTech platform to refinance your auto loan ( https://www.withclutch.com/faqs ). With just a few clicks you can save ( https://www.withclutch.com/auto-loan-refinance-calculator ) thousands of dollars, 100% online. In this episode we talked about his incredible journey building companies and raising capital. We also talk about business partnerships, credit and more. Enjoy! *Follow Nicholas* * LinkedIn ( https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ ) * WithClutch.com ( https://www.withclutch.com/ ) *Follow Jacob:* * Website ( https://www.jacob-harmon.com/ ) * LinkedIn ( https://www.linkedin.com/in/jacobmharmon/ ) * Twitter: @jacob_m_harmon ( https://twitter.com/jacob_m_harmon ) *Follow Kalob:* * LinkedIn ( https://www.linkedin.com/in/kalobvalle/ ) *Follow SuccessQuest:* * Website ( https://www.mysuccessquest.com/ ) * Blog ( https://www.mysuccessquest.com/content/blog ) * Facebook Page ( https://www.facebook.com/mysuccessquest/ ) * Community (Facebook Group) ( https://www.facebook.com/groups/successquesters/ ) * LinkedIn ( https://www.linkedin.com/company/mysuccessquest ) * Twitter: @MySuccessQuest ( https://twitter.com/MySuccessQuest ) * Instagram @MySuccessQuest ( https://www.instagram.com/mysuccessquest/ ) *Support SuccessQuest* We work incredibly hard to create our podcast, newsletter, Facebook group and more. ALL of these resources are 100% FREE and we wouldn't have it any other way. We believe that success should be accessible to everyone! Support our show ( https://www.mysuccessquest.com/support ) *Listen & Subscribe* * Apple Podcasts ( https://podcasts.apple.com/us/podcast/successquest/id1462085350 ) * Google Podcasts ( https://www.google.com/podcasts?feed=aHR0cHM6Ly9hcGkucG9kY2FjaGUubmV0L3Nob3dzLzE2MWE0ZTFjLTdjMjgtNDI2My1iYWNkLTc5Y2M2YmMxMjg4Mi9mZWVk ) * Overcast ( https://overcast.fm/itunes1462085350/successquest-be-motivated-inspired-and-successful ) * Spotify ( https://open.spotify.com/show/15NQeTo25FNQ4mWtlt1KKR ) *We’d love to hear from you!* Have some feedback about the show? Feel free to reach out to us at podcast@MySuccessQuest.com. You can also rate us in Apple Podcasts ( https://podcasts.apple.com/us/podcast/successquest-be-motivated-inspired-and-successful/id1462085350 ) or your favorite app to help more people discover the show!

Refinancing a car can be a great strategy for many to save money. But many people don't know how to refinance their vehicles properly. In this episode, Adam Torres and Nicholas Hinrichsen, CEO and Founder at Clutch, explore the vehicle refinancing landscape.To learn more visit: https://www.withclutch.com/Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/

My Future Business Interview with Nicholas Hinrichsen #refinance #withclutch # nicholashinrichsen Hi, and welcome to the show! On today's My Future Business Show I have the pleasure of spending time with the co-founder of multiple successful automotive-related start-ups, Nicholas Hinrichsen about saving money on your car loan and what it takes to start a new business. Nicholas's first experience as a start-up co-founder, was with a company called Carlypso after graduating from Stanford Business School in 2013. During that time, Nicholas and his co-founder, Chris, went through YCombinator (same start-up accelerator as AirBnb, DoorDash, Stripe, Reddit etc) in 2014, and raised a total of $10M in venture funding by 2015 and sold the business to Carvana.com in 2017. From there, Chris and Nicholas joined Carvana pre-IPO, went public at a $2.5bn valuation and are now worth $25bn. Carvana is the most valuable used car retailer in the U.S. Nicholas and his co-founder continued on at Carvana for 3 years and left in June 2020 to start a digital auto loan refinancing platform, where their aim is to help Americans with challenged credit to address income inequality. To give context to today's call, and to help better explain ‘With Clutch', 100,000,000 Americans have a car loan and more than 20% of car owners are overpaying on their auto loan rate. In 2019, more than 47% of all funded mortgage applications were refinancing's. Meanwhile, barely 5% of all funded auto loans were refinances. On the one hand, Americans simply don't know that they can refinance their auto loans and save thousands of dollars. On the other hand, the process of refinancing your car loan is far from fast and easy: the process is usually inconvenient, requires several phone calls and emails, and you only find out what your total savings are once you've gone through this cumbersome and tiring process. Enter ‘With Clutch' which is a fully digital platform that lets car owners like you refinance their vehicle loan from the comfort of their own home and 100% online. No need to set a foot in a bank or credit union. You can lower your rate or get cash in as little as 20 seconds. The thing that stood out for me when talking with Nicholas, is his approachable manner which, as he mentions, is an important quality to have when working with hundreds of people in a team environment. This content-rich call has a lot to offer start-up entrepreneurs wanting to learn how to be successful, and also for those who are looking for a better deal on their ride. To find out more about With Clutch, or to contact Nicholas directly, click the link below. Thanks again Nicolas, for being my guest on The My Future Business Show! Rick Nuske PS: To get in front of your best audience and stay there, click the book your interview button below. Thanks for joining us on the show today, and if you liked this call, support the show by clicking on our big red YouTube subscribe button below, and share us with your friends. 

Nicholas Hinrichsen got his MBA at Stanford in 2013 and started a used car selling platform after graduating.  Nicky and his co-founder Chris Coleman went through the startup accelerator YCombinator in 2014 before raising $10M in venture capital and selling the business to Carvana in 2017.  After three years at Carvana, the two founders left to start their next company: WithClutch.com is a digital platform for auto loan refinancing.  Car owners can lower their monthly payments and save thousands of dollars in less than two minutes.   Through adversity and failure, Nicky learned how to keep going and not give up even when success seemed far out of reach.

Hello Fam! Today's episode Connie was joined by NIcholas Hinrichsen to discuss how to navigate venture world and better position yourselves to attract wealthy investors. Contact Nicholas https://www.withclutch.com/ https://www.withclutch.com/faqs https://www.withclutch.com/auto-refinance https://www.withclutch.com/auto-loan-refinance-calculator Email: nicholas@withclutch.com Our socials Facebook:https://www.facebook.com/conniepodcast/ Instagram:https://www.instagram.com/venttimewithconnie/ Website:https://venttimewithconniepodcast.com/ Email: Venttimewithconnie@yahoo.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Is now the right to time to start a financial technology company? Nicholas Hinrichsen, co-founder of WithClutch and Carlypso, is my guest today and he thinks now is the right time, even with the lockdowns. After being raised in Germany and playing on the German national golf team, Nicholas decided to attend Stanford Business School in 2011 and started Carlypso, an online used car company, after graduating in 2013. Nicholas then raised a total of $10 million dollars, went through the startup accelerator YCombinator and sold his business to Carvana in 2017. After leaving Carvana, Nicholas and his co-founder Chris Coleman joined forces again to build a digital platform to refinance auto loans, called WithClutch.com. Nic and I had a great talk about the future of financial tech companies and how specifically his new venture can help college students or anyone who had bad credit, is now improving their credit score and help them refinance their auto loans. SUBSCRIBE You can subscribe to The Travel Wins Podcast on Apple Podcasts, SoundCloud, YouTube, iHeart Radio, Stitcher, Google Podcasts, Spreaker, Podnews, Castbox, Overcast, Breaker, Pocket Casts, Radio Public, and Spotify. Intro song “Road Trip” by Robin Tricker #fintech #stanford #stanfordbusiness #siliconvalley #carvana #withclutch #nicholashinrichsen #fundraising #entrepreneur #businesstravel #jobsthatinvolvetravel #careersthatinvolvetravel #businesstravelcareer #businesstraveljobs #thetravelwins

Is now the right to time to start a financial technology company?Nicholas Hinrichsen, co-founder of WithClutch and Carlypso, is my guest today and he thinks now is the right time, even with the lockdowns.After being raised in Germany and playing on the German national golf team, Nicholas decided to attend Stanford Business School in 2011 and started Carlypso, an online used car company, after graduating in 2013. Nicholas then raised a total of $10 million dollars, went through the startup accelerator YCombinator and sold his business to Carvana in 2017.After leaving Carvana, Nicholas and his co-founder Chris Coleman joined forces again to build a digital platform to refinance auto loans, called WithClutch.com. Nic and I had a great talk about the future of financial tech companies and how specifically his new venture can help college students or anyone who had bad credit, is now improving their credit score and help them refinance their auto loans.SUBSCRIBEYou can subscribe to The Travel Wins Podcast on Apple Podcasts, SoundCloud, YouTube, iHeart Radio, Stitcher, Google Podcasts, Spreaker, Podnews, Castbox, Overcast, Breaker, Pocket Casts, Radio Public, and Spotify.Intro song “Road Trip” by Robin Tricker#fintech #stanford #stanfordbusiness #siliconvalley #carvana #withclutch #nicholashinrichsen #fundraising #entrepreneur #businesstravel #jobsthatinvolvetravel #careersthatinvolvetravel #businesstravelcareer #businesstraveljobs #thetravelwins

On today's episode, I sat down with Nicholas Hinrichsen & Chris Coleman, former Directors of Product at Carvana and Co-Founders of WithClutch. If you need to refinance your car or want to check out what thy're working on, head over to withclutch.com Here's what we discussed: Who the product manager is in a startup versus a mature company What differs in product priority at these different stages How communication goes from informal to more formal the more your company matures Why innovation seems to slow down as companies grow One of the reasons breaking into product management is so difficult When product managers are the mini-CEO and when they're not The mindset shift when going from a PM in a startup to a mature organization and vice versa A very interesting interview question to find where you best fit as an aspiring product manager Why you have to know what company and industry you're in before you try to "move fast and break things" How to take on risk without risking the brand of an established organization Why there's always risk, but defining it helps you make better decisions on what level of risk you're willing to take on How to balance shipping fast and risking embarrassment in an established product or org Why in Blue Ocean markets, value trumps design but why things change in competitive markets And what is true about product management, regardless whether you work in a startup or an established org --- Send in a voice message: https://anchor.fm/productmanagementlessons/message Support this podcast: https://anchor.fm/productmanagementlessons/support

Is now the right to time to start a financial technology company?Nicholas Hinrichsen, co-founder of WithClutch and Carlypso, is my guest today and he thinks now is the right time, even with the lockdowns.After being raised in Germany and playing on the German national golf team, Nicholas decided to attend Stanford Business School in 2011 and started Carlypso, an online used car company, after graduating in 2013. Nicholas then raised a total of $10 million dollars, went through the startup accelerator YCombinator and sold his business to Carvana in 2017.After leaving Carvana, Nicholas and his co-founder Chris Coleman joined forces again to build a digital platform to refinance auto loans, called WithClutch.com. Nic and I had a great talk about the future of financial tech companies and how specifically his new venture can help college students or anyone who had bad credit, is now improving their credit score and help them refinance their auto loans.SUBSCRIBEYou can subscribe to The Travel Wins Podcast on Apple Podcasts, SoundCloud, YouTube, iHeart Radio, Stitcher, Google Podcasts, Spreaker, Podnews, Castbox, Overcast, Breaker, Pocket Casts, Radio Public, and Spotify.Intro song “Road Trip” by Robin Tricker#fintech #stanford #stanfordbusiness #siliconvalley #carvana #withclutch #nicholashinrichsen #fundraising #entrepreneur #businesstravel #jobsthatinvolvetravel #careersthatinvolvetravel #businesstravelcareer #businesstraveljobs #thetravelwins

Today's guest is Nicholas Hinrichsen, who graduated from Stanford Business School in 2013 and started an online car dealership right after. Together with his co-founder, Chris Coleman, the two entrepreneurs joined the startup accelerator YCombinator in 2014 before raising a total of $10M in Venture capital by 2015. In 2017, the two founders sold their business to Carvana.com. After exactly 3 years with Carvana and less than five weeks ago, the two left Carvana to start up again: the founders started by creating a website about auto loan refinancing-related questions, then built an auto loan refinance calculator and ultimately founded the company at WithClutch.com. In this episode we discuss what led him to Stanford to pursue his MBA, where the idea for the first company came from, and what he hopes for with their new venture. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Nicholas Hinrichsen and his business partner, Chris, kinda hit the jackpot with a start-up called Carlypso in 2013. After a few modifications, they sold it in 2017 to a company you might have heard of: CarVana.com. Nicholas talks about keeping an open mind and rolling with the changes on that start-up, as well as a new venture he's jumping into.  A startup is not a sprint, not even a marathon ... probably more like an ironman. But not all men are made out of iron and therefore, I believe its worth talking about how male startup founders need an outlet to share their emotions and a community that serves as a foundation of strength. Founders ALWAYS feel lonely. If you'd like to reach out to Nicholas, you can find him at: https://www.withclutch.com Through refinancing auto loans, we're saving people thousands of dollars and helping them build credit. You can access the auto loan calculator here - https://www.withclutch.com/auto-loan-refinance-calculator LinkedIn: https://www.linkedin.com/in/nicholas-hinrichsen-7b33874a/ Chris's LinkedIn: https://www.linkedin.com/in/christopher-coleman-a316696/

In this episode, Nicholas Hinrichsen & Chris Coleman tell the story of scaling and selling their business to Carvana after graduating from Stanford Business School. They also share insight on their newest venture, WithClutch.com, a fully digital platform that lets car owners like you source auto loans from the comfort of their own home. You don't want to miss this! #YouAreYoungMoney

In this episode, Christopher and Nicholas gives us some insider tips regarding the importance of refinancing your auto loan, even if you think you got a good rate.  They had some great tips, and here are just a few of them: Be sure to do your research when shopping for a car; Through their website, you can have a soft pull of your credit to see how you can qualify for a lower rate; Try and pre-approve before you even walk into the dealership, so you know what rate you qualify for Be prepared to take notes! Contact Information and Other Resources Our guests today was Christopher Coleman & Nicholas Hinrichsen, Co-owners of WithClutch.com in Tempe AZ. We believe in financial fairness and equality. America is our community and we are here to bring all of us together again. Everyone deserves a chance.  WithClutch  ____________________ Our host of Divorce Conversations for Women Podcast is Rhonda Noordyk, CFEI Rhonda Noordyk's relentless pursuit of financial justice for women going through divorce drove her to leave the financial industry in 2014 to open The Women's Financial Wellness Center. She was in search of a better way. She used her knowledge, passion, and experience to build a leading-edge business model. The intention was to create a business that provided a safe place for women - especially those in a vulnerable position - to find their paths, find their voices and find the financial confidence they need to lift themselves out of seemingly hopeless situations. Since starting the Women’s Financial Wellness Center, after a 10+ year career in the financial industry, she has helped alleviate financial vulnerability for thousands of women. ​In addition to being the CEO of The Women’s Financial Wellness Center, Rhonda is also a professional speaker. While her platform is women’s money wellness, it is not just about money. Her topics include: assertive communication, boundaries, leadership and overcoming financial myths. Her speaking experience includes: GE Healthcare, UWM Women’s Leadership Conference and Marquette Law School. In addition, she has appeared on Fox6 News, Real Milwaukee, and Morning Blend. Her dynamic and inspirational style leaves women with a sense of empowerment.   Rhonda Noordyk, CFEI  CEO | The Women's Financial Wellness Center rhonda@wfwcllc.com | (262) 522-1502 Facebook | Twitter | Instagram | LinkedIn | YouTube Schedule a FREE 30-Minute Phone Call ____________________ Sponsored by: Divorce Conversations For Women (online course) ____________________ Visit the Women’s Financial Wellness Center for a full directory listing of experts. Be sure to reach out if you would like to connect personally with the Women’s Financial Wellness Center. You can visit our website or grab a complimentary 30-minute consult. Leaving a positive podcast review is hugely important: they help the podcast get discovered by new people. Please spend 5 minutes of your time to leave a review on your preferred listening platform, we’d love to hear from you!  

Nicholas and Christopher are the founders of WithClutch. WithClutch helps you refinance your car, allowing you to get cash or lower your payments today!

Nicholas Hinrichsen was born and raised in Germany and played on the German National Golf Team and studied Computer Science and Finance in Germany, Chile, and Australia. At the start of his career, he looked into consulting and investment banking but instead joined a renewable energy startup that invested in projects in China and India. In 2011, he moved to the US to get his MBA at Stanford Business School, and by 2013 he started a company called Carlypso. He brought that startup through YCombinator in 2014, raised $10 million in venture funding by 2015, and sold the company to Carvana.com in 2017. Carvana went public at a market cap of $2.5B and is now the most valuable used car retailer in the US. Nicholas and his co-founder, Chris Coleman, recently left Carvana to start WithClutch.com, a fully digital platform that lets car owners refinance auto loans from the comfort of their own home. The team at WithClutch.com has seen that in the US, only 5% of auto loan applications were refinancing, yet 47% of all funded mortgage applications were refinancing. So, they are going to change that!   “To succeed as a startup, all you need to do at the very beginning is to leave the building and talk to customers.” Nicholas Hinrichsen   Worst investment ever Young investor When Nicholas was 16, the only thing he knew how to do well back then was playing golf. Then all of a sudden, his friends in school, even some golfers, started talking about investing in technology companies. Nicholas had about $2,000, which was a lot of money for him at the time. His friends told him to invest the money because he could easily 10x that money. Afraid to miss out As everyone around him continued to invest in the tech companies, Nicholas decided to look into it because he felt like he was missing out. He signed up for an account online, went to the physical branch to verify his identity, and then eventually got access to the stock market. Now with an account, Nicholas could shop around for a company to invest in. But with so many options, he was baffled. One of his friends advised him to buy some magazines and then just read about the stocks in these magazines because the magazines wouldn’t recommend buying those stocks if they weren’t the best. And that’s precisely what Nicholas did. Making his first investment and mistake Nicholas didn’t know any of the companies in the magazines, but one resonated with him because that happened to be Germany’s biggest telecom. He felt that this would be a good choice. Nicholas took the money he had and used it all to buy the stock at $120 per share. Sadly, that remains the highest price the stock has ever traded. The stock price went downhill a few months after Nicholas bought it. First slowly, then rapidly, to a point where Nicholas was just watching from the sidelines as the price went down to zero. Finally letting go of his worst investment Nicholas somehow held onto his stock for years, even though he wasn’t making any returns on it. A few years later, he moved to the US for work. He wasn’t allowed to hold a foreign account, and so he was forced to transfer his portfolio in Germany to his US bank. However, he decided that the lousy stock was not worth the effort and so he sold it and counted his losses. Lessons learned The stock market is tricky Succeeding in the stock market is harder than winning the gold medal at the Olympics, so brace yourself and go ready to give it your all. Don’t hold onto cash Cash is not as great as people think it is, especially if there’s inflation. You lose money in the long run by keeping cash in the bank. Invest in a diversified portfolio Manage risk by investing in a diversified portfolio and hire a fund manager to manage this portfolio. This removes emotions out of the investment. Invest for the long term You can only make or preserve your wealth if you’re investing for the long term. Humans act either out of fear or out of greed When it comes to investing, neither fear or greed helps you make wealth. Fear makes you sell your stock when the stock market goes down because you’re afraid it could go further down. Then you miss the upswing. When stocks go up, you get greedy and go into the market, but what you don’t realize is that you’re paying expensively. Andrew’s takeaways Avoid FOMO when investing in the US stock market Be very careful when listening to other people talk about their investments and wanting to do it too because they sound so successful. People only talk about their wins and rarely about their losses. So do not believe everything that you hear. No action in life that is risk-free Every single action has a benefit and a cost. If you put money into the bank, and you don’t get the interest payment, it doesn’t grow. Now you have exposed yourself to shortfall risk, the risk that the money that you need at retirement will not be there. Actionable advice Sign up for a diversified portfolio and get a fund manager to manage it for you. No. 1 goal for the next 12 months Nicholas’s number one goal for the next 12 months is to build another company that impacts people and hopefully makes life better in the US. Parting words   “Run risks, but be smart. Know which risks you’re taking, be very deliberate, and choose the ones that you have under control. Then outsource the ones that you don’t to somebody who’ll have them under control.” Nicholas Hinrichsen   Connect with Nicholas Hinrichsen LinkedIn Twitter Website Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points Andrew’s online programs Valuation Master Class How to Start Building Your Wealth Investing in the Stock Market Finance Made Ridiculously Simple Become a Great Presenter and Increase Your Influence Transform Your Business with Dr. Deming’s 14 Points Connect with Andrew Stotz: astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast Further reading mentioned Jason Zweig (2007) Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich  

In this episode, I discuss with these two Stanford University business graduates from San Francisco - Chris and Nichola our favourite cars - Chris is actually building a car from scratch. How these guys started their first business, the first 3 rounds of their fundraising process, how they ended up selling their first business - Carlyspo to Carvana. The challenges of working in the car industry, overcoming customer's perceptions and building trust, using challenges as motivation, the mindset tips entrepreneurs can adopt to win, and learnings from their current situation.

Chris and Nicholas are the founders of www.WithClutch.com. The two met at Stanford Business School in 2011 and started their first company, Carlypso, in 2013. After going through YCombinator and raising $10M in venture funding, Chris and Nicholas sold Carlypso to Carvana in 2017. Their new business, WithClutch, allows car owners to calculate savings and refinance their loans from the comfort of their home. Chris is a huge car enthusiast. He went to the Massachusetts Institute of Technology (MIT) for undergrad, joined McKinsey & Company out of college and worked at McLaren in the UK before graduating from Stanford. Nicholas used to be an avid golfer, playing on Germany's national team for four years. After finishing his master's degree in Germany, he worked at Bain & Company and Merrill Lynch before he moved to the U.S. in 2011. Connect with Nicholas Hinrichsen and Chris Coleman WithClutch Carvana Nicholas Hinrichsen on LinkedIn Chris Coleman on LinkedIn Some of the Topics Covered by Nicholas and Chris in this Episode What is WithClutch? How they got the idea for WithClutch while running their first business, Carlypso How Chris' dream of working for a Formula 1 team eventually led him to the Stanford Graduate School of Business How Nick went from playing on the German golf national team to working in renewable energy to Stanford for business school, where he met Chris How Carlypso was born when Chris and Nick began helping their classmates sell their cars at Stanford What factors nudged Chris into entrepreneurism Why Nick decided to become an entrepreneur in the U.S. instead of Germany Getting their first $50K and deciding to start Carlypso The customer discovery process and finding value as they began their business The founder relationship between Chris and Nick and how they knew they could build a business together Beginning to find investors, and how they quickly went from a goal of $250K to $1M Expectation versus reality regarding the management of their initial funds The problems they ran into as they looked to scale Carlypso as a peer to peer model Joining the Y Combinator accelerator program and how they addressed the issue of not growing fast enough How changing their model led to a growth in inventory from 100 cars to 30,000 overnight How immense growth affected the business operationally The strengths and weaknesses of Carlypso's marketing strategy The challenge of explaining the Carlypso model to consumers The two methods they used to build out the Carlypso team as they continued to grow The biggest obstacles Nick and Chris faced, mistakes made, and the importance of trusting your intuition What led to the Carvana acquisition, and how they managed the transition The recent launch of their newest venture, WithClutch The most important lessons each Nick and Chris have learned as entrepreneurs Links from the Episode Y Combinator (startup accelerator)

In this episode, Jeremy and Brock talk to Nicholas Hinrichsen and Chris Coleman the co-founders of Carlypso, a company that simplified the process of buying and selling used cars. Niki and Chris attended Stanford Business School and launched Carlypso on the advice of Stanford professors. After launch, Carlypso was accepted into Y Combinator and eventually sold to Carvana.Nicholas and Chris discuss the experience leading each of them to Stanford Business School and the process of building & selling a company. While at Stanford Business School, the founders attended class with Andy Rachleff. Professor Rachleff studied and wrote extensively on product-market fit. During our conversation, Hinrichsen and Coleman talked about gaining experience before and after cofounding a company together. Both Chris and Niki discuss focusing on the long-lasting result of creating a company. Chris framed entrepreneurship as less making the right decision and more as limiting the wrong decisions. In fact, all of the decision-making can be framed as the practice of limiting wrong decisions. The rabbit hole of what's possible only gets deeper. Managing it is the key. First-time founders struggle with product. Second-time founders struggle with distribution. If you are curious about the reality of a company's start, ask the founder about the first 3 months, it might be the best way to found out the real story. It's a question we'll be asking of founders in the future.Recommendations:Blitzscaling by Reid Hoffman Andy Rachleff's perspective