From Zero to 200,000 Businesses: How Novo Is Rebuilding Banking for Entrepreneurs episode artwork

EPISODE · Mar 19, 2025 · 50 MIN

From Zero to 200,000 Businesses: How Novo Is Rebuilding Banking for Entrepreneurs

from The Catching Fire Podcast · host Bryan Karas

Why do some startups win, while others stall? For Michael Rangel, Founder of Novo–the answer is clear: stay close to your customer and focus on real problems. In this episode of Catching Fire, Michael shares how he built Novo, a business banking platform now trusted by over 200,000 small businesses.What you’ll take away:🔥Why hiring full-time leaders too early will slow you down🔥How part-time experts helped Novo move faster🔥What Chime did to scale—and how Novo found a better approach🔥The real reason customer focus beats watching your competitorsYou’ll also hear why small businesses were being ignored by traditional banks—and how Novo took a different path by focusing on simple tools that save owners time and money.This is an honest conversation about what it really takes to build something that lasts. If you’re building a company—or thinking about it—you’ll want to hear this.Connect with Michael : https://www.linkedin.com/in/michael-rangel/Connect with Bryan: https://www.linkedin.com/in/bryankaras/ https://bryankaras.com/ Looking for quality digital marketing talent? Connect with Bryan's team at GrowTal. https://www.growtal.com/ Looking to solve your toughest marketing challenges? Connect with Bryan's team at Playbook Media. https://www.playbookmedia.com/ 

Why do some startups win, while others stall? For Michael Rangel, Founder of Novo–the answer is clear: stay close to your customer and focus on real problems. In this episode of Catching Fire, Michael shares how he built Novo, a business banking platform now trusted by over 200,000 small businesses. What you’ll take away: 🔥Why hiring full-time leaders too early will slow you down 🔥How part-time experts helped Novo move faster 🔥What Chime did to scale—and how Novo found a better approach...

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From Zero to 200,000 Businesses: How Novo Is Rebuilding Banking for Entrepreneurs

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This episode was published on March 19, 2025.

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Why do some startups win, while others stall? For Michael Rangel, Founder of Novo–the answer is clear: stay close to your customer and focus on real problems. In this episode of Catching Fire, Michael shares how he built Novo, a business banking...

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