31: Building the “Expedia” of Personal Finance with $150,000 – w/ LowestRates.ca co-founder Justin Thouin
“You don’t have a real company if you can’t generate profits”
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Show Notes
Justin Thouin is the Co-Founder and CEO of LowestRates.ca, one of the fastest growing companies in Canada. Justin calls LowestRates.ca "the expedia of personal finance”. The site compares prices on things like mortgages, car insurance, and credit cards. In this episode, Justin discusses Fintech, Canada's lack of financial literacy, and why Canadians typically don't comparison shop for financial products; the media's love and obsession with start-ups that raise capital vs those that bootstrap, starting something on the side vs. jumping in with lazer focus, and more.
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