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Tyrrell with his Rubicoin co-founder Emmet Savage. Rubicoin

6 career lessons I wish I'd learned younger: John Tyrrell of Rubicoin

Tyrrell launched the fintech startup that went on to raise millions and launch in 140 countries.

RUBICOIN IS A Dublin-based fintech business whose mission, COO John Tyrrell tells us, is to get the world investing successfully.

Founded by John and chief investor Emmet Savage when the two were working for Vodafone 17 years ago, Rubicoin’s apps (‘Learn’ and ‘Invest’) aim to demystify the stock market and make it accessible to everyone.

As a veteran of the tech business, we asked John: What would you tell your younger self if you were starting over?

1. Don’t be afraid of jumping in

“If I were to tell my younger self one thing, it would be don’t hesitate to start. Making the jump from a good job into the scary world of startups will be the most exciting and invigorating thing you’ll ever do. You will be busier than you used to be, but it will be far more enjoyable. Once you make the jump and get across the line you’ll never, ever, ever look back. When it comes to investing, too, don’t be afraid to start. You’re far better off investing €100 or €50 a month than waiting two years and putting in €500. Start small and just let it grow and grow.”

2. Remember to pay yourself

“Pay yourself first. You should be making a conscious decision to pay your future self. Any money you put into an investment portfolio now, over the fullness of time will grow.”

3. Learn to filter, not ignore

“There will be a huge amount of content being tossed at you every day in and it will be hard to filter the good from the bad, but take every opportunity you have to consume content that will bring you further on. When you find yourself in a leadership role, and someone asks you for support with education or courses, always say yes, because business is better if people are smarter and learning more.”

Rubicoin Rubicoin

4. Never underestimate the power of culture

“Focus on the culture of your business and find great people. It’s so important. If you have a clear and consistent culture in business your retention will start to be great, engagement will be high and motivation will be high. If you don’t surround yourself with great people it won’t work.”

5. Fix problems now

“Don’t allow things to fester. You won’t realise that sitting there could be a dodgy piece of code or it could be a cultural thing that you’re letting go… it’ll always come back to bite you. If you feel it’s wrong, call it out and fix it.”

6. Always put the end user first

“Finally, remember that user experience is so important for the tech industry. I’ve seen a lot of businesses who develop a product, build it and sell it. Then they say, ‘How do I make this user-friendly?’ That’s the wrong way around.”

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    Mute SixOneReview
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    Jun 14th 2012, 1:09 PM

    I’d love up-to-date timetables and a website that didn’t make me feel like walking.

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    Mute Shaun O' Higgins
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    Jun 14th 2012, 1:54 PM

    The website is key, bad layout, needs to be made user friendly. Good service overall by Bus Eireann. Use them a lot, Privatisation cant happen over here, we need a company who can make some money on the more popular routes to cover all the losses on the rural routes. A private company will only worry about the profitable routes.

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    Mute Dennis Laffey
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    Jun 14th 2012, 2:59 PM

    Why oh why oh why can I not find a geographical map of the bus routes? Sure the metro style maps are great and all, but if I am from outside the area and I need to get off the bus at the stop closest to my buddy’s house/my hotel/the local sports pitch, what use are they?
    It would cost next to nothing to employ a student to input the routes in Google maps, or to integrate a GPS in to the buses for accurate recording of ACTUAL travel times.

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    Mute Alan Hanlon
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    Jun 14th 2012, 5:01 PM

    their is a route planner option on Dublin Bus website !.
    submitting “opinions ” to the NTA is a bad idea. it will be flooded with biased rhetoric from private companys

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    Mute Brian Daly
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    Jun 14th 2012, 2:03 PM

    I would agree that given the size of the market that a monopoly that is held to standards (and accountable for them) would probably work better. Privatisation is not a really viable proposition – as it only really works well on certain routes. There is a place for the private sector.

    The one big change that has to be made is the elimination of the antiquated and ridiculous “stage” system that Dublin Bus use and the gradual removal of cash fares. I have a LEAP card yet I still have to queue and tell the driver my destination or fare. How backward is that? I should be tagging on for 90min of transit and changing modes of transport if I need to.

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    Mute Karl-Lee Kavanagh
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    Jun 14th 2012, 1:40 PM

    I don’t get the bus but I hear good things

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