Today on Paychecks & Balances, we welcome Chris Hutchins to the podcast. After being laid off in the 2008 financial crisis, and seeing so many others in the same circumstance, Chris created LaidOffCamp, an organization to empower people through education. A few years later, he co-founded Milk, a mobile app incubator in San Francisco, where he launched Oink to over 100,000 users before being acquired by Google. After his four years at Google Ventures, he then left to create his own financial planning service, Grove. At Grove, clients are paired with top-notch financial advisors to create personalized strategies, help track their financial health progress, and available for advice anytime, anywhere. Grove’s mission is to make personalized financial advice affordable and accessible to everyone.

In this episode, you’ll learn how to turn a passion into a business, why financially literacy and follow-through are crucial to your future, and why a financial advisor might just be the thing you need to get your funds right

Show Highlights:

  • Chris’s experience in investment banking
  • How one weekend in Boston at a “Start-Up Weekend” changed his life!
  • What is the “LaidOffCamp”?
  • What is your passion? Is there an opportunity? Can you do it? Yes, yes, and yes? Then start a business!
  • The “Minimal Viable Product” is crucial to prove to the world you can do it and prove to yourself its possible
  • Why random people who will give you really harsh feedback about your business is market research GOLD
  • Research shows that 85% of adults feel financial anxiety
  • Why Wealth is a state of mind
  • Financial planning and behavioral coaching shouldn’t be limited to the rich
  • Why Grove’s affordable, personalized, financial advice is the first of its kind
  • When it comes to personal finance, you must take action today!

Support Chris Hutchins and Hello Grove:

Mentioned on This Week’s Show

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