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Aaron Patzer Quotes

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At 16, I started a web development business and had clients from the Netherlands, Caribbean, and across the country - none of whom knew my age because I could conduct all my business with a phone, scanner, and the Internet.  (Aaron Patzer Quotes) I consider myself an inventor first and an entrepreneur second. In real life, my hero is Thomas Edison. He was a great inventor, but also an outstanding entrepreneur who was able to sell his inventions to the masses. He didn’t just develop the light bulb; he invented the entire electric grid and power distribution system.  (Aaron Patzer Quotes) The original idea before Mint was a life and goal planning system I called Carpe Viva. The idea was that all of life’s goals, from buying a house, getting an MBA, or learning Spanish could be quantified in both time and money.  (Aaron Patzer Quotes) The way you dress or the car you drive or what you spend is to impress other people with how, I guess, successful and rich you are. But you’re not, and you shouldn’t, and who gives a damn what other people think anyway. So, that mentality, I think, is very destructive.  (Aaron Patzer Quotes) Tell your idea to whomever will listen, and you’ll get valuable market feedback before writing a single line of code.  (Aaron Patzer Quotes) At Mint, we developed five pending patents on our technology, ranging from categorization to the Ways to Save system that calculates how much a new financial product would save a user given their present financial situation.  (Aaron Patzer Quotes) If you pay your credit card off every month, get a rewards card. One that gives you airline miles or that will give you 1 percent cash back at least on every purchase.  (Aaron Patzer Quotes) I know it sounds weird, but the food that I eat, it doesn’t make a big difference, and it never has. So, I’ve saved a ton of money not buying a lot of alcohol, not going out to restaurants too much. So, I think it’s part of our culture, and it’s part of a social activity more than anything else.  (Aaron Patzer Quotes) I wanted to build a tool for my generation: people 20 to 40 who don’t want to spend time balancing a checkbook or checking multiple financial institutions’ websites. Mint does just that, giving comprehensive, quick insights into a user’s finances from their computer, mobile phone and/or tablet.  (Aaron Patzer Quotes) I always knew I wanted to be a technologist, so I went to Duke and got a degree in computer science and electrical engineering. Really, I thought my goal in life was to be an inventor, a problem solver, so I thought I needed a Ph.D. to be good at inventions, but it turns out that you don’t.  (Aaron Patzer Quotes) I actually don’t invest in anything that is social, mobile, deals or ad networks simply because those are areas where there are so many players and so many other smart people in the space, I feel like I don’t have a competitive advantage. So I tend to go after things that are e-commerce, like healthcare.  (Aaron Patzer Quotes) Whenever I see a tree that is climbable, it must be climbed. Sometimes when I’m on a run, I’ll just run up a tree, jump on a branch and swing off. My favorite tree, in Saratoga, gets me a good 75 feet up.  (Aaron Patzer Quotes) I think sports and bodybuilding were the only things that saved me from getting beat up. People are not pleased, for whatever reason, when you can answer all the questions in class. If not for the respect I got from track, cross-country, wrestling and bodybuilding, it would have been a disaster.  (Aaron Patzer Quotes) I’ve actually started a number of businesses in my career. So I’m 28 currently, but when I was about 16, I started building Websites, and that’s how I put myself through school. I went to Duke with a degree in electrical engineering, computer science, computer engineering, and then to Princeton.  (Aaron Patzer Quotes) Kevin Systrom of Instagram used to work for us as a consultant in the early days of Mint. I knew him a long time ago. Maybe I could have gotten in there. But with photo sharing, I don’t know if there’s an obvious business model. I don’t think there’s a competitive, sustainable advantage.  (Aaron Patzer Quotes) If you think about photo sharing sites, the mobile photo sharing and social, there’s no competitive advantage, there’s no obvious business model, so I never play with anything like that. I avoid it like the plague.  (Aaron Patzer Quotes) I’ve been spending quite a bit of time in Canada, New Zealand, Australia, and the U.K. as Mint is expanding globally, and I’m personally doing much of the research and business deals to make them happen.  (Aaron Patzer Quotes) Mint’s business model became, ‘We’ll go for free, and then we’ll find these savings opportunities for you.’ You know, better interest rate on your credit cards, when should you consolidate your student loans, when does it mathematically make sense to refinance your mortgage, and Mint figures all that stuff out for you.  (Aaron Patzer Quotes) When I was 8 or 9, I started using bulletin board systems, which was the precursor to the Internet, where you’d dial into... a shared system and shared computers. I’ve had an email address since the late 80s, when I was 8 or 9 years old, and then I got on the Internet in 93 when it was first starting out.  (Aaron Patzer Quotes) The other big factor in building trust quickly is site design quality. Mint.com has one of the best graphic designers ever (Jason Putorti) - he cares about every pixel, all the fonts, all the transparencies and effects. And that shows instantly. People do make judgments of trust on appearance - in the real world and online.  (Aaron Patzer Quotes) The typical workday, particularly in startup mode, is from nine to six or nine to seven, then you take a two-hour break to work out and eat dinner. By that time, you’re relaxed, and then you work until midnight or one A.M. If there was no break with physical activity, you’d be more tired and less alert.  (Aaron Patzer Quotes) The start-up life kept me busy and surfaced the problem of not being able to stay on top of my personal finances, which led me to invent Mint.com. I was working 80-hour weeks, and had done enough preliminary work and research to know I had a big idea: To make money management effortless and automated.  (Aaron Patzer Quotes) Because Mint has access to all of your bank accounts and credit cards, we can detect fraud or unusual spending patterns faster than your bank, then send an email or text message alert to users.  (Aaron Patzer Quotes) Mint is designed to put your finances on auto-pilot. Whether you log in or not, it will send you a weekly summary of your balances and biggest purchases, and how your investments and budgets are doing, along with sending you alerts on unusual spending and low balances.  (Aaron Patzer Quotes) I have always thought of myself as an inventor first and foremost. An engineer. An entrepreneur. In that order. I never thought of myself as an employee. But my first jobs as an adult were as an employee: at IBM, and then at my first start-up.  (Aaron Patzer Quotes) Observe the world around you everything you do, and especially everything you hate to do  (Aaron Patzer Quotes) Tell anyone and everyone your idea without fear they’re going to steal it  (Aaron Patzer Quotes) Solve a real problem and the world is yours  (Aaron Patzer Quotes) Recessions are great because they unlock the best people  (Aaron Patzer Quotes) It’s okay to doubt yourself, it’s okay to feel down; just never give up  (Aaron Patzer Quotes)
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