Orsolya Gaal is the CEO of SaaS company, Lenddo. She is also an advocate for women in the financial technology space, which is why we’re featuring her today. As financial technology becomes more advanced and more user-friendly, more women are getting involved and entrepreneurship opportunities are becoming more accessible. According to the World Bank, only 4 percent of people who have access to the Internet own a financial services firm. But, with the growth of the industry, more and more women are starting to get involved. One of the ways we can support them is by showcasing their work to the world. Today, we are featuring Orsolya Gaal because we believe she has a lot to say and share about women in the financial technology space. So, sit back, relax, and read on to know more about her and this wonderful organization she founded.
What is your role at Lenddo?
Orsolya Gaal is the CEO of Lenddo, a software-as-a-service company that helps people manage their online lending relationships. In addition to being a business owner, she is also an advocate for women in the financial technology space. Gaal has been recognized as one of Canada’s Top 40 Most Powerful Women and was recently named to Forbes’ “30 Under 30” list in Canada.
How did you get involved with Lenddo?
I first heard about Lenddo in 2013 when I was considering getting my Master’s degree. I never thought I would become a CEO or start my own company, but Lenddo felt like the perfect opportunity for me. So, I applied and got accepted to the program.
What’s the most rewarding part of your job?
I think the most rewarding part of my job is having the opportunity to influence women’s lives and start them on a path towards financial independence.
What’s the hardest part of your job?
“The hardest part of my job is also the most rewarding: seeing startups succeed and make a significant impact on the world.”
Advice for someone who is trying to start their own business
1. Start small
According to Orsolya Gaal, “start with the idea of a simple business that you can build up over time”. It doesn’t have to be complicated and it doesn’t have to start out as a huge company. You can also start out by doing work for someone else or just volunteering your time to a cause.
2. Don’t be afraid to ask for help
There are lots of people who want to help you get started in this industry and it’s important not to be afraid of asking them for help when you need it. They probably know something about what you’re trying to do that you don’t know and might be able to offer some insight on how best to go about things.
3. Have a long-term vision
It’s important not just think about the present but also the future when starting your own business venture. When people take the first steps into entrepreneurship, they often focus too much on the short term instead of thinking more long term because they don’t have a particular plan in mind yet. But, if you start with a long-term vision, then all the pieces will fall into place and make things easier for you down the road.
4. Take risks, but do so carefully
There is no such thing as “safe” when it comes to starting your own business so take risks and don’t worry if things don’t go according to plan all the time –
I am the CEO of a company that has been around for two years. Our goal is to empower women entrepreneurs through our simple and affordable platform that allows them to share their finances. There are four pillars that represent our values:
– We create female led companies
– We are a financial technology company
– We are not just a business, but rather an organization committed to empowering women in the finance industry
– We remain transparent throughout our entire process
This is what we want you to know about us. Happy reading!