D'ontra Hughes
Special guest
D'ontra Hughes is a fin-tech entrepreneur with experience in a variety of industry competencies including: operations, finance, and business development. Driven by the world of innovation and a main focus on disrupting current business models. Has a strong desire to lead a fortune 500 company before he hits thewise age of 40.
D'ontra Hughes has been a guest on 1 episode.
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504: Spare with D'ontra Hughes
December 14th, 2023 | Season 11 | 32 mins 57 secs
D'ontra Hughes is the Founder and CEO of Spare, which uses tech to solve cash management problems for unbanked small businesses and enterprises. D'ontra shares his entrepreneurship journey, driven by realizing the financial industry's impact on less privileged individuals.
D'ontra highlights a significant issue in the banking sector where the poorest people are often charged the most in fees, perpetuating poverty. Spare addresses the high fees unbanked individuals face when accessing their money. D'ontra's entrepreneurial journey involved various challenges, including learning from customer feedback, understanding the importance of data-driven decisions, and navigating the competitive startup environment.
The conversation also covers the impact of the COVID-19 pandemic on Spare, leading to a strategic shift and a focus on regions with high cash circulation. D'ontra emphasizes the importance of strategic planning, data analysis, and a systematic approach to business growth. He also discusses the personal aspects of being a CEO, stressing the importance of maintaining personal relationships and self-care.