Podcasts about modern finance

In December 2024, Bitcoin, one of the earliest cryptocurrencies and undoubtedly the most famous, hit $2 trillion in market capitalization, bigger than Tesla, Meta, and Saudi Aramco. In this episode, Nobel Prize-winning economist and Chicago Booth finance professor Eugene Fama—widely considered the “Father of Modern Finance”—predicts it will go to zero within ten years.Legendary investor Ray Dalio called crypto a bubble a decade ago; now, he calls it “one hell of an invention.” Larry Fink of BlackRock previously referred to Bitcoin as an index of money laundering. Today, he sees it as “a legitimate financial instrument.” Less than 36 hours after launching his own cryptocurrency before his second inauguration, United States President Donald Trump appeared to have made more than $50 billion on paper for himself and his companies. (During his first term, Trump called crypto “not money, whose value is highly volatile and based on thin air.”) Amidst this noise of crypto doubters changing tune, Fama joins Bethany and Luigi to discuss why he remains dubious about Bitcoin's ambitions.Bitcoin uses more electricity than many countries—around 91 terawatt-hours annually. Is this amount unsustainable? What makes its value so volatile, and what are the implications for the banking sector and our economy? If cryptocurrencies' purpose is a reaction to an underlying distrust in financial institutions, can decentralized blockchain, the technological ledger that enables anonymous crypto exchange, fix it? Last but not least, why do supporters of a decentralized service, whose value lies in its existence outside traditional government structures, need to spend billions in lobbying to convince politicians, including the president, of its utility?Show Notes:Read ProMarket's archives on Bitcoin and cryptocurrency.Revisit our prior Capitalisn't episode with author Zeke Faux, The Capitalisn't of Crypto: SBF and Beyond.

The financial services industry faces increasing pressure to combat financial crime and comply with evolving regulations. The old way of handling compliance—mostly through manual work—isn't cutting it anymore given how complex and fast-moving today's financial world is. This is where AI comes in, offering a powerful new way to strengthen compliance and protect market integrity.In this episode, Hercules Capital's Catherine Jhung speaks with Erkin Adylov, founder of Behavox and former hedge fund manager. He walks us through his career shift from managing investments to launching his own company. He explains why he started Behavox, which uses AI to help financial institutions stay compliant – a solution born from his firsthand experience seeing the limitations of traditional compliance methods.Topics Include:The rise of AI in financial services complianceHow Behavox uses AI to spot financial crimeWhy AI makes financial monitoring betterStrategies for retraining compliance teams in the age of AIBehavox's future plans for expanding into transaction screening and policy managementAnd other topics…Erkin Adylov is the founder and CEO of Behavox, a leading provider of AI-enabled compliance solutions for the financial services industry. With a deep understanding of the complexities of financial markets and the evolving regulatory landscape, Erkin has led Behavox to become a trusted partner for institutions seeking to enhance their compliance programs and protect the integrity of capital markets.

Rajat Soni actively shares his views on Bitcoin on X.com @RajatSoniFnance and has made an impression on people quickly with his no-hold-barred approach.  On this episode of The Your Life! Your Terms! Show we discuss his journey to discovering Bitcoin, when he decided to go "all in" and what he thinks of Bitcoin's future in finance.  Enjoy the show!

Gold closed the week at $2,722 (up $65 since last week) and silver at $33.71 (up $2.19). We discuss the metals recent meteoric rise amid weak economic data and growing stress on major banks. We also unveil a new series on ancient wisdom. OTHER TOPICS DISCUSSED -Department of Labor reports 241,000 new unemployment claims -Empire State manufacturing index falls to -11.9 -Recent surveys shows 66% of voters view economy as "very or somewhat poor" -Junk silver sale at $1.95 above spot -Key headlines for next week -Modern Finance, Ancient Wisdom, www.schiffgold.com/research-analysis/old-testament Quote of the Week: Get wisdom, and whatever you get, get insight. Prize her highly, and she will exalt you." - Proverbs 4:7-8 The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

In this episode of FP&A Tomorrow, Paul Barnhurst interviews Jack McCullough to discuss the evolving landscape of FP&A and the changing role of CFOs. They explore the journey from FP&A to CFO roles, the strategic importance of finance today, and how CFOs are transitioning into broader leadership roles such as CEO. With insights into board management, leadership, and career growth, this episode offers a comprehensive look at the finance function's future.Jack McCullough is a recognized authority in the world of finance leadership. As President of the CFO Leadership Council, Jack has guided countless CFOs through leadership development and strategic decision-making. He holds an MBA from MIT, is the host of the podcast Secrets of Rockstar CFOs, and is the author of two books, including The Psychopathic CEO. With a background in accounting and finance, Jack brings deep expertise in helping finance professionals thrive in leadership roles.Expect to Learn:The key skills FP&A professionals need to develop to become future CFOs.How the role of CFO has shifted from financial control to strategic leadership.The importance of building strong relationships with board members and using them as resources.Insights into creating effective board presentations that align with audience expectations.Leadership qualities that define successful CFOs and finance leaders.Here are a few relevant quotes from the episode:"FP&A is all about the future—how to consider it, prepare for it, and react when things go off course." - Jack McCullough"Empathy is one of the most underrated leadership skills for CFOs." - Jack McCullough"When you see a problem no one else sees, and you solve it, that's real value-add." - Jack McCulloughIn this episode, Jack McCullough provides a clear vision of the evolving role of CFOs and offers a wealth of knowledge on navigating the complexities of modern finance. His practical advice on building relationships with the board, crafting effective presentations, and honing leadership qualities such as empathy and transparency are invaluable for finance professionals at every level.Follow Jack:LinkedIn - https://www.linkedin.com/in/jackmcculloughcfo/Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguyVisit Abacum - The Ultimate FP&A SolutionThe title sponsor for this week's episode of FP&A Tomorrow is Abacum, the leading mid-market FP&A solution trusted by hundreds of companies to eliminate the spreadsheet struggle. https://www.abacum.ioWorld-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the...

In this episode of the CPM Customer Success podcast, we dive deep into the cutting-edge world of Financial Signaling with OneStream. Join us as we explore how this powerful tool is revolutionizing the way finance leaders navigate market trends and make strategic decisions.  Discover how OneStream's unified platform transforms raw financial data into clear, actionable insights—giving you the edge you need to stay ahead of the competition. Whether you're looking to predict market shifts, capitalize on emerging opportunities, or avoid potential pitfalls, Financial Signaling is your new secret weapon.  Tune in to learn how to harness the full potential of OneStream's Financial Signaling to not just survive, but thrive in today's fast-paced financial landscape. If you're a finance or accounting professional ready to elevate your decision-making and master market trends, this episode is for you!  Download our free CPM software evaluation criteria and selection workbook at www.NovaAdvisory.com/podcast to guide you through this critical decision-making process. Whether you're a prospective OneStream customer or simply exploring your options, this episode provides the insights you need to make an informed choice. 

Nate and Maria briefly discuss the latest election news. Then Tim Harford, author and host of Cautionary Tales, joins to discuss two of history's most compelling con artists: Sam Israel III and John Law. Risk-related lessons are learned. Further Reading: A Con Man Who Lives Between Truth and Fiction from the New York Times The Murderer, The Boy King, and The Invention of Modern Finance from NPR (featuring our EP Jacob Goldstein!) For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

In this enlightening episode of the CanadianSME Small Business Podcast, we are joined by Wajdi Ghoussoub, the Interim Co-CEO at Plooto. With a diverse background in finance and operations, Wajdi has played a crucial role in Plooto's impressive 433% revenue growth from 2019 to 2022. His extensive experience includes roles at Middle East Venture Partners (MEVP), AlixPartners, and PwC. Wajdi shares his insights on the challenges faced by small businesses, scaling a fintech startup, bridging traditional and modern finance, and the potential of open banking in Canada.Key Highlights:Wajdi discusses the unique challenges small businesses face in Canada.Experiences and lessons learned from scaling Plooto to Series B and beyond.The role of Plooto in bridging the gap between traditional banking and modern finance needs.Wajdi's views on the potential of an open banking framework in Canada.Valuable advice for Canadian entrepreneurs, particularly those in the technology sector.Thank you, Wajdi, for sharing your valuable insights and experiences with us. We discussed the challenges small businesses face, the role of fintech in modern finance, and the potential impacts of open banking.Shoutout to our sponsors for more information find their links below:RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.htmlUPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWAConstant Contact:  https://www.constantcontact.com/landing1/new-marketer?utm_campaign=canadiansme&utm_medium=sponsorlogo&utm_source=brand   IHG Hotels and Resorts: https://businessedge.ihg.com/s/registration?language=en_US&CanSMEDon't forget to subscribe to CanadianSME Small Business Magazine at www.canadiansme.ca  for more insightful episodes that empower your entrepreneurial spirit.

TLDR: Jim O'Neill, co-founder of SaaSWorks, discusses the critical role of AI in modern finance, emphasizing the importance of clean data, the convergence of AI with other technologies, and the need for businesses to adapt to an AI-driven landscape.These show notes were written by Claude.AI Sonnet LLM Model. Dive into the Future of Finance with AI Pioneer Jim O'NeillAre you ready to revolutionize your business with AI? Join us as we explore the cutting edge of financial technology with Jim O'Neill, co-founder of SaaSWorks and former HubSpot executive. In this eye-opening episode, Jim unveils the secrets to harnessing AI's power in finance and beyond.Key Insights:The make-or-break factor for AI success: pristine dataAI's game-changing fusion with quantum computing, nanotech, and gene editingWhy your company needs an AI budget – nowNavigating the ethical minefield of AI advancementCultivating an AI-driven culture of innovationDon't miss Jim's invaluable wisdom on preparing your business for the AI revolution. Learn how to stay ahead in a rapidly evolving technological landscape and transform your financial operations.Follow Jim:LinkedIn: https://www.linkedin.com/in/jim-oneill/Website: https://www.saasworks.com/Join hosts Glenn and Paul as they unravel the complexities of AI in finance. Follow them on LinkedIn:Glenn: https://www.linkedin.com/in/gbhopperiii Paul: https://www.linkedin.com/in/thefpandaguySponsored by QFlow.ai – Revolutionizing B2B revenue planning and analysis. Learn more at Qflow.ai/future-finance.In honor of having the show notes written by AI we have added the below sonnet as Claude.AI, Sonnet model wrote the notes. Sonnet:In finance's realm, where numbers reign supreme, A new force rises, born of silicon, Artificial minds, a waking dream, O'Neill speaks of change that's just begun.Clean data's key, the lifeblood of AI, As quantum leaps with nano-innovations dance, In gene-spliced futures, new worlds we'll spy, While ethics guard our technological advance.Businesses must adapt or fade away, Embracing risk and AI's transformative might, O'Neill's wisdom lights the coming day, Where human and machine in harmony unite.So heed this call, let Future Finance guide, To prosperous tides on which we'll proudly ride.In today's episode:[00:52] - Episode Overview and Sponsorship[01:38] - Monologue[07:31] - Your Job is Safe[08:56] - Importance of clean data for effective AI implementation[09:58] - Guest Introduction[15:30] - Founding SaaSWorks and its mission[18:11] - Common issues with spreadsheets and data management[21:09] - Discussion on generative AI in business operations[25:55] - Using AI for innovative and unexpected solutions[29:11] - Recommendations for companies adopting AI[32:07] - Discussion on AI adoption and Excel parallels[32:37] - Random AI-Generated get to know you questions[36:08] - Conclusion

The impact David Booth has had on your financial life is profound, whether you realize it or not. David is the co-founder of Dimensional Fund Advisors, a firm that fundamentally changed the way we make everyday decisions about practical investing and money. David knew the future of investing would depend on data, so in 1981 he moved a noisy, hot, refrigerator-sized computer into his two-bedroom apartment in Brooklyn. The machine spit out stock prices for brokers and investment managers around the world, and as a result, Dimensional was one of the first investment firms to apply academic research to practical investing. In this episode of 50 Fires, David talks about those early days of Dimensional, and goes back even further to reflect on his earliest memories of money as a boy in Kansas selling newspapers door-to-door. He shares stories of the growth of Dimensional Fund Advisors, and talks about two of his favorite topics when it comes to investing: randomness and uncertainty. He also talks with host Carl Richards about a new documentary film chronicling the history of Dimensional, directed by acclaimed documentarian Errol Morris called Tune Out The Noise. EXCLUSIVE FOR LISTENERS OF 50 FIRES: Use access code MARKETSWORK to watch Tune Out The Noise for free! Tune Out The Noise is a new documentary by Academy Award-winning director Errol Morris on the birth of modern finance and takeaways for investors.  Click the following link and use access code MARKETSWORK to watch the film! https://film.dimensional.com/watch/login?redirect=%2Fwatch&utm_source=50fires&utm_medium=podcast&utm_campaign=totn%20 ### Carl Instagram: @behaviorgap Blind Nil Instagram: @blindnilaudio Please direct business inquires to: blindnilaudio@magnolia.com Cover Art: Josh Passler - TheFinArtist.com Music Credits:  Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com Cody Francis / Wherever You're Going / courtesy of www.epidemicsound.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One hypothesis says that because all relevant information is already factored into prices, no investor can consistently achieve higher returns on a risk-adjusted basis than another investor who simply holds a random portfolio of diversified stocks. Today's Stocks & Topics: DDS - Dillard's Inc., CX - Cemex S.A.B. de C.V. ADR, Market Wrap, Lessons for Investors from the 'Father of Modern Finance', ALLY - Ally Financial Inc., Picking Winning Stocks, 401k Rollover, ONTO - Onto Innovation Inc., IMMR - Immersion Corp., ET - Energy Transfer LP.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Check out eBay Auto: www.ebay.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Today, we're diving into the modern CFO stack, including corporate spend management and financial tech with our guest - Ben Gammell, the CFO of Brex. Brex has been shaking up how companies large and small approach spending, providing an integrated platform for everything from corporate cards to spend analytics. It's been quite a journey for Ben, who started at Brex just as the firm was getting off the ground with 15 employees. Ben gives us an inside look at Brex's evolution from scrappy startup to serving over 120 public companies today. We'll learn how the CFO role has transformed, expanding well beyond just finance into true cross-functional business partnership. Ben doesn't hold back - offering refreshing insights about navigating the IPO journey for Brex clients – but also for Brex itself, managing finances through turbulent times, and the key transitions every CFO faces as their company goes public. You'll want to take notes! But don't worry, we'll keep it fun too by tapping into Ben's lead generation skills honed from his Goldman days. Who knows, you may walk away wanting to sign up for Brex as a customer yourself! So get ready for an engaging discussion blending savvy business strategy with the realities of life as a startup CFO. Settle in and let's get started with Ben Gammell of Brex. The big ideas Brex has evolved from serving just startups to also catering to larger enterprise clients, including public companies: "I think there's been a big dynamic of, you know, how do we think about, you know, when we're early stage, we're primarily supporting our businesses with financial services products. But as we moved up into the enterprise customers, there's a greater need for a software solution...We have over 120 public companies on our platform today. Many of them are very much household names, especially in the tech space." The role of a CFO has expanded beyond just finance to being more integrated with understanding the business drivers and partnering across functions: "I think that there is definitely a case where CFOs are expected to have more of a integrated sense of understanding of the business, I think, even if you look at how finance teams are structured, that's kind of gone the trend where it's, you know, it's having embedded teams within different functions, providing kind of finance support." Brex is taking time in 2023 to integrate their products into a seamless enterprise solution rather than building new products rapidly: "A big hairy goal is just making sure that we have a really great product from a user experience perspective, and making sure that all the products we've built over the last several years, really work seamlessly with one another and really integrated in a really delightful experience for our customers." The CFO community is surprisingly collaborative and tight-knit, willing to share learnings: "I think it's an amazingly collaborative community, which I think is fantastic, especially for more new entrants, such as myself, I think there's definitely an openness to help each other out." There are key transitions a CFO needs to make as a company goes public around measuring success beyond just valuation: "I think there's this transition phase, especially the CFOs have to go through, you know, going up to an IPO of making sure the company measures its success and things that aren't just what is the value of the company? Because I think if you do that you're setting yourself up for failure."

What I learned from reading Wildcatters: A Story of Texans, Oil, and Money by Sally Helgesen.----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----Founders merch available at the Founders shop----Vesto shows you all of your company's finances in one view. Schedule a demo with Vesto's founder Ben and tell him David from Founders sent you. ----(0:01) Family and business were the same thing to him.(1:00) We're one-hundred percent family owned, unincorporated, and independent, and we intend to stay that way.(1:00) He possessed the directness and the utter simplicity of the old and the truly great.(2:00) His unquestioning confidence in the worthiness of his enterprise made him seem impervious to doubts.(5:00) The Morgans always believed in absolute monarchy. While Junius Morgan lived, he ruled the family and the business. Until Junius died his massive shadow dominated his son's life. — The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow. (Founders #139)(8:00) Everywhere they looked, they saw opportunity without limits. The land itself was empty, and so these men built cities upon it and founded dynasties. They left behind them a world made in their own image.(9:00) The old wildcatters had neither the time nor the inclination to question their own purposes, or to agonize about what the future consequences of their efforts might be. They just went out and did whatever was there to be done.(10:00) The trouble with this business is that everybody expects to find oil on the surface. If it was up near the top, it wouldn't be any trick to it. You've got to drill deep for oil. — The Big Rich: The Rise and Fall of the Greatest Texas Oil Fortunes by Bryan Burrough (Founders #149)(14:00) Charlie's surfing model. One thing I learned from having dinner with Charlie was the importance of getting into a great business and STAYING in it. There's a tendency in human nature to mess up a good thing because of an inability to sit still:"There are huge advantages for the early birds. When you're an early bird, there's a model that I call surfing—when a surfer gets up and catches the wave and just stays there, he can go a long, long time.But if he gets off the wave, he becomes mired in shallows. But people get long runs when they're right on the edge of the wave, whether it's Microsoft or Intel or all kinds of people."—  the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(18:00)  Ted Turner's Autobiography (Founders #327)(19:00) All the stories seem to be about the same prickly individual. They are giants, successful predators, acute and astute, tamers of the untamable and defenders of vast treasure.(26:00) There are times when certain cards sit unclaimed in the common pile, when certain properties become available that will never be available again. A good businessman feels these moments like a fall in the barometric pressure. A great businessman is dumb enough to act on them even when he cannot afford to. — The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen. (Founders #255)(29:00) Delusional optimism: Go from one setback to another setback without any loss of enthusiasm.(31:00) There's no what if. There's only what happened.(33:00) Rainmakers Podcast(34:00) I'd rather be lucky than smart, because a lot of smart guys go hungry.(36:00) Optimism is the personal quality that nurtures luck.(36:00) Chaos and defiance ruled the day, and those who led the way made little secret of their refusal to be controlled.(44:00) Anybody who's got an idea of his own has to be a little bit crazy. Being crazy is something big companies just don't understand.----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Chapter 1 What's The House of Morgan Book by Ron ChernowThe House of Morgan: An American Banking Dynasty and the Rise of Modern Finance is a book written by Ron Chernow. It is a comprehensive and in-depth biography of the influential Morgan banking family, which dominated American finance and investment banking during the late 19th and early 20th centuries. The book traces the history of the Morgan family and their various financial institutions, such as J.P. Morgan & Co., providing insights into their role in shaping American capitalism, as well as their connections to major political and economic events, including the Panic of 1907 and World War I. The House of Morgan is considered one of the definitive works on the history of American banking and finance.Chapter 2 Is The House of Morgan Book A Good BookThe House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow is widely considered to be a good book. It has received positive reviews from readers and critics alike for its comprehensive and well-researched exploration of the influential Morgan banking family and their impact on the financial industry in the United States. Chernow, a Pulitzer Prize-winning author, is known for his meticulous storytelling and engaging writing style. If you have an interest in finance, history, or the workings of Wall Street, this book is highly recommended.Chapter 3 The House of Morgan Book by Ron Chernow Summary"The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance" is a book written by Ron Chernow. It explores the history of the famous American banking institution, J.P. Morgan & Co., and the impact it had on the development of the modern financial system.Chernow starts by tracing the origins of the Morgan banking dynasty, which began with the arrival of Scottish immigrant George Peabody to the United States in the early 19th century. Peabody's firm, originally called George Peabody & Co., became one of the most prominent financial institutions in the country, setting the stage for the rise of the Morgan family.The narrative then shifts to the story of Junius Spencer Morgan, who immigrated from England and became a partner in George Peabody & Co. Junius later established his own firm in partnership with his son, J. Pierpont Morgan, and it was under J.P. Morgan's leadership that the House of Morgan truly became a dominant force in American finance.Chernow chronicles J.P. Morgan's strategic maneuvering, such as the acquisition of failing companies and the reorganization of struggling industries. Morgan's financial acumen and well-placed connections allowed him to influence government policy and shape major decisions in the business world.The author also delves into the role of the Morgan bank in shaping U.S. economic policy, particularly during times of crisis. The House of Morgan played a crucial role in stabilizing the financial system during the Panic of 1907, and its actions prompted the creation of the Federal Reserve System to prevent future financial disasters.Chernow also explores the personal lives of the Morgan family, including their philanthropic endeavors and their relationships with prominent figures of the era. He sheds light on the tensions within the family and the conflicts that arose as the younger generations inherited the bank.Overall, "The House of Morgan" provides a comprehensive and engaging account of the rise and influence of one of the most powerful banking institutions in American history. Chernow's meticulous research and compelling storytelling make this book a must-read for anyone interested in the development of modern finance and the individuals who shaped...

Ever wondered if the shares you own are truly yours? Explore the surprising truths and hidden complexities of asset ownership that could redefine your investment strategy, and find out what an investment professional thinks of the situation.

This week, we're sharing host Colbert Cannon's conversation with Grishma Parekh, Managing Director at HPS Investment Partners and Co-Head of North American Core Senior Lending. Grishma offers key insights into the direct lending market and discusses how it has grown and evolved over her years in the industry. She also shares how she made the decision to join HPS at a turning point in her own career — and how the firm's culture continues to align with her ways of working.Learn more about Grishma Parekh's role at HPS Investment Partners here. Read The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow, Colbert's Best Idea for this week, here.

"We pride ourselves in being at the center of business and technology... We've asked employers, 'How would you describe our students?' and most often the words we get back are 'humble, hardworking and good problem solvers.' I think that's fantastic and that's how I would describe our students as well." Dr. Jonathan Clarke, Interim Dean at Georgia Tech's Scheller College of Business, discusses what makes the Scheller MBA unique, the school's admissions process, career opportunities and more. Topics Introduction (0:00) Program Highlights - What Makes the Georgia Tech Scheller MBA Unique? (4:00) Scheller MBA Admissions & Scholarships - How to Improve Your Chances? (17:20) Career Opportunities after Georgia Tech Scheller - What to Know & How to Prepare (32:20) About Jonathan Jonathan Clarke is Interim Dean and Associate Professor of Finance at Georgia Tech's Scheller College of Business. From 2012-2018, Dr. Clarke served as Associate Dean of Undergraduate Programs, where he helped raise the school's profile. Dr. Clarke was named to the Poets and Quants 2018 list of Top 50 Undergraduate Business Professors, and also voted the 2009 and 2013 MBA Core Professor of the Year. He has taught custom programs for NCR, Clorox, Georgia Pacific, Lockheed Martin, and the National Football League. Dr. Clarke is on the board of the Eastern Finance Association, on the editorial board of The Financial Review, and edits the Handbook of Modern Finance. Dr. Clarke received his PhD from the Katz Graduate School of Business and the University of Pittsburgh and his undergraduate degrees in Mathematics and Economics from Indiana University in Bloomington. Show Notes Georgia Tech Scheller Full-time MBA Program Tech Square Atlanta Advanced Technology Development Center (ATDC) - Georgia's technology business incubator Episode write-up and snapshot/stats of the Georgia Tech Scheller MBA: https://touchmba.com/georgia-tech-scheller-mba-program-admissions-interview-jonathan-clarke/ Get free, personalized school selection help at Touch MBA: https://touchmba.com

In this episode of The Role Forward, host Joe Michalowski brings together a panel of industry leaders for a Q&A-style discussion. The guests include Bijan Moallemi, Co-Founder and CEO at Mosaic, Chauncey Kerr Hamilton, Partner at XYZ, and Jeron Paul, CEO of Spiff. The conversation revolves around board management, investor communications, and effective strategies for keeping the board up to speed.The panelists delve into the intricacies of board meetings, emphasizing the importance of storytelling and understanding the 'why' behind business numbers. They also discuss the CFO's role in maintaining great attention to detail and the need to elevate conversations to a digestible level for the board. The discussion further explores the importance of building relationships with board members and the value of regular communication outside of board meetings.The episode concludes with a lively discussion on the format of board reports and the benefits of using templates like the one provided by Mosaic. The panelists share their experiences and insights, providing valuable advice for businesses at different stages. This episode is a must-listen for anyone looking to improve their board management and investor communication strategies.Guests-at-a-Glance

What I learned from reading Dynasties: Fortunes and Misfortunes of the World's Great Family Businesses by David Landes.Supporters of this episode:EightSleep: Get the best sleep of your life and unlock more energy with the Pod 3. Go to eightsleep.com/founders/Meter: Meter is the easiest way for your business to get fast, secure, and reliable internet and WiFi in any commercial space. Go to meter.com/foundersTiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward cash exits for Founders. Get in touch by emailing hi@tiny.com----Listen to Invest Like the Best #292 David Senra: Passion and Pain. Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.Join my free email newsletter to get my top 10 highlights from every book----(4:25) Success causes failure. As the family develops power and prestige, the heirs find many interesting and amusing things to do rather than run their business.(6:00) Those on the margins often come to control the center.(9:00) Great industrial leaders are always fanatically committed to their jobs. They are not lazy, or amateurs. — Confessions of an Advertising Man by David Ogilvy. (Founders #306)(9:50) For many of the great founders “Appetite comes with eating.”(11:00)Rothschild episodes:Founder: A Portrait of the First Rothschild by Amos Elon. (Founders #197)The House of Rothschild: Money's Prophets by Niall Ferguson. (Founders #198)JP Morgan episodes:The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow. (Founders #139)The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism by Susan Berfield. (Founders #142)Rockefeller episodes:Random Reminiscences of Men and Events by John D. Rockefeller. (Founders #148)Titan: The Life of John D. Rockefeller by Ron Chernow. (Founders #248)John D: The Founding Father of the Rockefellers by David Freeman Hawke. (Founders #254)(13:30) Mayer Rothschild thought that long term relationships were more valuable than immediate profit.(15:45) Nathan Rothschild has extreme levels of self belief: When his prospective father-in-law asked for proof of his prospects, Nathan told him that if he was concerned about having his daughters provided for, he might just as well give them all to Nathan, and be done with it.(19:00) The Rothschilds developed the technique of absolute direction to perfection.(21:15) Wal-Mart stock is staying right where it is. We don't need the money. We don't need to buy a yacht. And thank goodness we never thought we had to go out and buy anything like an island. We just don't have those lands of needs or ambitions, which wreck a lot of companies when they get along in years. Some families sell their stock off a little at a time to live high, and then—boom—somebody takes them over, and it all goes down the drain. One of the real reasons I'm writing this book is so my grandchildren and great-grandchildren will read it years from now and know this: If you start any of that foolishness, I'll come back and haunt you. So don't even think about it. — Sam Walton: Made In America by Sam Walton. (Founders #234)(26:00) If you want to build a family dynasty you need to have a bunch of kids. This is the number one factor for increasing the chance that your family dynasty outlives you.(29:45) Larry Ellison didn't have the methodical relentlessness that made Bill Gates so formidable and feared. By his own admission, Ellison was not an obsessive grinder like Gates: “I am a sprinter. I rest, I sprint, I rest, I sprint again.” Ellison had a reputation for being easily bored by the process of running a business and often took time off, leaving the shop to senior colleagues. — Softwar: An Intimate Portrait of Larry Ellison and Oracle by Matthew Symonds. (Founders #124)(36:13) A man always has two reasons for the things he does, a good one, and the real one. — J.P. Morgan(38:00) Andrew Carnegie celebrated too quickly. He later admitted to Morgan that he had sold out too cheap, by $100 million. Morgan replied, “Very likely, Andrew.” — The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism by Susan Berfield. (Founders #142)(38:35) Henry Villard had come to Morgan for help in taking over Edison's company. This was a mistake. Morgan was not by nature, a helper. He was a driver. He arranged a counter coup.(41:45) Properly understood, any new and better way of doing things is technology. — Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel. (Founders #278)(43:30) “It is impossible to create an innovative product unless you do it yourself, pay attention to every detail, and then test it exhaustively. Never entrust the creation of a product to others, for that will inevitably lead to failure and cause you deep regret.”—Sakichi Toyada(45:00) You should make an effort to make something that will benefit society.(45:30) Sol Price: Retail Revolutionary by Robert Price. (Founders #304)(48:50) Mailman is a Gmail plugin that allows you to control when and what emails should land in your inbox. https://www.mailmanhq.com(58:30)  Rockefeller believed that he would be rich and he believed that this was because God wanted him to be.(58:45) Rockefeller's competitors and associates were amateurs by comparison, and he saw them for what they were.(1:01:00) Published railway tariffs were for the small man. They were not for major shippers who could play one railroad against another while promising steady cargo. (Rockefeller's initial edge)(1:03:15) His clincher was to offer the victim a look at the books of Standard. A potential seller was dumbfounded to learn that standard was able to sell at less than his own cost of production. They could kill him whenever they pleased.----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

On today's episode of THE FINANCIAL COMMUTE, host Chris Galeski invites Wealth Advisor Beau Wirick to discuss our new service offering, Modearn. Beau says while ultra-high-net-worth clients are the typical demographic served by wealth management firms, the financial services industry is overlooking a crucial segment of prospects: NextGen individuals who are still building their wealth, careers, and families. Modearn is here to bridge this gap.Regularly, Modearn clients will be in touch with their advisor to review a specific topic like tax planning, debt management, maximizing credit card benefits, estate planning, company benefit planning, etc., so every aspect of one's financial picture is analyzed in a digestible way. Modearn clients will also be introduced to our network of experts, coaches, lawyers, and accountants to ensure access to a wide range of knowledge and advice. Beau and Chris are excited for our team of advisors to help Modearn clients enjoy the present, save for the future, make the best financial decisions for themselves and their families, and improve their financial literacy.If you would like to learn more about Modearn, visit our website and follow us on Instagram.Disclosure:Information presented herein is for discussion and illustrative purposes only. The views and opinions expressed by the speakers are as of the date of the recording and are subject to change. These views are not intended as a recommendation to buy or sell any securities, and should not be relied on as financial, tax or legal advice. You should consult with your financial, legal, and tax professionals before implementing any transactions and/or strategies concerning your finances.

Time is valuable and powerful, so it's important to add value to everyone we meet and serve. Deepak Ohri joins Kevin to discuss the power of luxury and how it relates to getting better. Spoiler alert, luxury is not always defined by price or profit but rather by the experiences and emotional connections it provides. FOMO (fear of missing out) can hold us back, but FOPO (fear of people's opinions) can also prevent us from moving out of our comfort zone. Acknowledging failures and growing from lessons learned is key to personal and professional growth Key Points Deepak Ohri shares his view of luxury.  He talks about creativity meeting innovation.  He discusses transcending trends and advice on how we can get better. Meet Deepak Name: Deepak Ohri  His Story: Deepak Ohri is the author of A Bridge Not Too Far: Where Creativity Meets Innovation. He is the founder and CEO of lebua Hotels & Resorts is well-known worldwide as an award-winning entrepreneur who has transformed the luxury hospitality landscape in Asia. He is also the Executive in Residence, Entrepreneurship and Innovation at the Pino Global Entrepreneurship Center at the College of Business at Florida International University where he has helped pioneer the first MBA course in luxury marketing and management. Worth Mentioning: Before joining lebua, Mr. Ohri held operational roles and was an executive at leading hospitality businesses and hotels in India and Asia. Ohri, recognized globally as a visionary hospitality industry leader and luxury marketer, is a sought-after speaker at international conferences and top business schools worldwide. He is a three-time recipient of the Most Enterprising Entrepreneur Award (2008 to 2010) by the Hospitality Asia Platinum Awards and The Best in Asia: Entrepreneur of the Year Award (2011 to 2013). He was named as one of the International Hospitality Institute's Global Top 25 Most Inspirational Executives in Travel and Hospitality 2022, among others. https://www.deepakohri.com/ https://www.linkedin.com/in/deepak-ohri/ https://twitter.com/deepakohri This episode is brought to you by... Remarkable Masterclasses. Each masterclass is designed to help you become the remarkable leader and human you were born to be. Details on how to get on board for a specific skill or get discounts each month can be found on our website. Book Recommendations A Bridge Not Too Far: Where Creativity Meets Innovation by Deepak Ohri  The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow Related Episodes Leading the Dollar General Way with Cal Turner, Jr.  Creating a Culture of Hospitality with Cameron Mitchell  What Kevin Learned and Applied From Remarkable Leadership Podcast Guests

What I learned from rereading The Autobiography of Andrew Carnegie by Andrew Carnegie. Subscribe to listen to Founders Premium — Subscribers can now ask me questions directly which I will answer in Ask Me Anything (AMA) episodes [1:01] 3 part series on Andrew Carnegie and Henry Clay Frick:Meet You In Hell: Andrew Carnegie Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford. (Founders #73) The Autobiography of Andrew Carnegie by Andrew Carnegie (Founders #74) Henry Clay Frick: The Life of the Perfect Capitalist by Quentin Skrabec Jr. (Founders #75) [2:00] What these guys all had in common is they were hell bent on knowing their business down to the last cent. They were obsessed with having the lowest cost structure in their industry.[2:00] Highlights from Meet You in Hell: Andrew Carnegie, Henry Clay Frick, and the Bitter Partnership That Changed America:—Cut the prices, scoop the market, watch the costs, and the profits will take care of themselves.—Frick knows his business down to the ground.—Frick's rise from humble beginnings was obviously intriguing to him. It signaled to Carnegie that Frick was another of the fellow “fittest,” and those were the individuals with whom Carnegie sought to align himself.—Carnegie would repeat the mantra time and again: profits and prices were cyclical, subject to any number of transient forces of the marketplace. Costs, however, could be strictly controlled, and in Carnegie's view, any savings achieved in the costs of goods were permanent.—On this issue the two men were of one mind. Frick had made his way in coke by the same reckoning that Carnegie had in rail and steel: if you knew your costs down to the penny, you were always on firm ground.[6:00] Benjamin Franklin: An American Life by Walter Isaacson. (Founders #115)[7:00] A sunny disposition is worth more than a fortune. Young people should know that it can be cultivated; that the mind like the body can be moved from the shade into sunshine.[7:00] The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. (Founders #100)[8:00] The most important judge of your life story is yourself.[9:00] You can always understand the son by the story of his father. The story of the father is embedded in the son. —Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)[10:00] Invest in technology, the savings compound, it gives you an advantage over slower moving competitors, and can be the difference between a profit and a loss.[17:00] He is working from sunrise to sunset for $1.20 a week and he is ecstatic about being able to help his family avoid poverty. [18:00] Andrew Carnegie had manic levels of optimism.[20:00] Do not delay. Do it now. It is a great mistake not to seize the opportunity. Having got myself in, I proposed to stay there if I could.[21:00] I felt that my foot was upon the ladder and that I was about to climb.[21:00] Lesson from Andrew Carnegie's early life: Focus on whatever job is in front of you at this very moment and do the best you can. You can never know what opportunities that will unlock in the future.[24:00] On the miracle of reading and having free access to a 400 volume personal library: In this way the windows were opened in the walls of my dungeon through which the light of knowledge streamed in. Every day's toil and even the long hours of night service were lightened by the book which I carried about with me and read in the intervals that could be snatched from duty. And the future was made bright by the thought that when Saturday came a new volume could be obtained.[26:00] To Colonel James Anderson, Founder of Free Libraries in Western Pennsylvania:He opened his Library to working boys and upon Saturday afternoons acted as librarian, thus dedicating not only his books but himself to the noble work. This monument is erected in grateful remembrance by Andrew Carnegie, one of the "working boys" to whom were thus opened the precious treasures of knowledge and imagination through which youth may ascend.[28:00] Running Down A Dream: How to Succeed and Thrive in a Career You Love by Bill Gurley[36:00] Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr. (Founders #258)[43:00] This policy is a true secret of success: Uphill work it will be.[46:00] Put all your eggs in one basket and watch that basket.[46:00] The most expensive way to pay for anything is with time.[48:00] The men who have succeeded are men who have chosen one line and stuck to it. It is surprising how few men appreciate the enormous dividends derivable from investment in their own business.[48:00] My advice to young men would be not only to concentrate their whole time and attention on the one business in life in which they engage, but to put every dollar of their capital into it.[51:00] The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow. (Founders #139)[52:00] Last Train to Paradise: Henry Flagler and the Spectacular Rise and Fall of the Railroad that Crossed an Ocean by Les Standiford. (Founders #247)Subscribe to listen to Founders Premium — Subscribers can now ask me questions directly which I will answer in Ask Me Anything (AMA) episodes —I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free https://readwise.io/founders/—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

At this year's Web 3 Expo, James sat down with @PioVincenzo_ for a special interview on The NFT Show YouTube channel.Topics include:The importance of product vs. services (00:07:17)StockPickr.com and Mike Lazerow (00:13:43)James' crypto ads plastered across social media (00:18:24)James' hedge fund days (00:30:54)James' take on the NFT space (00:36:47)Bitcoin vs Ethereum (00:47:34)Will corporations adopt Ethereum or use their own blockchains? (00:53:44)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook

At this year's Web 3 Expo, James sat down with @PioVincenzo_ for a special interview on The NFT Show YouTube channel.Topics include:The importance of product vs. services (00:07:17)StockPickr.com and Mike Lazerow (00:13:43)James' crypto ads plastered across social media (00:18:24)James' hedge fund days (00:30:54)James' take on the NFT space (00:36:47)Bitcoin vs Ethereum (00:47:34)Will corporations adopt Ethereum or use their own blockchains? (00:53:44)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn

On this special episode, we are joined by James Altucher at the Web3 Expo live from Vegas. James is a chess master, content creator, writer and former hedge fund manager. We discuss why he no longer holds Bitcoin and is only buying ETH, his experience with Bernie Madoff, his time as a hedge fund manager and a few other things. Tune in live at 4 pm ET every weekday! Buy our NFT Join our Discord Check out our Twitter Check out our YouTube Give us your thoughts on the show by leaving a rating. -- DISCLAIMER: You should never treat any opinion expressed by the hosts of this content as a recommendation to make a particular investment, or to follow a particular strategy. The thoughts and commentary on this show are an expression of the hosts' opinions and are for entertainment and informational purposes only. This show is never financial advice

What I learned from reading Pieces of the Action by Vannevar Bush.Support Founders' sponsors: Tiny: The easiest way to sell your business. Quick and straightforward exits for Founders. andCapital: Raise, hold, and spend capital all in one place. and Tegus is a search engine for business knowledge that's used by founders, investors, and executives. It's incredible what they're building. Try it for free by visiting Tegus.[7:15] Pieces of the Action offers his hard-won lessons on how to operate and manage effectively within complex organizations and drive ambitious, unprecedented programs to fruition.[8:54] Stripe Press Books:The Dream Machine by M. Mitchell WaldropThe Making of Prince of Persia: Journals 1985-1993 by Jordan Mechner.[9:24] Endless Frontier: Vannevar Bush, Engineer of the American Century by G. Pascal Zachary[10:40] Any exploration of the institutions that shape how we do research, generate discoveries, create inventions, and turn ideas into innovations inevitably leads back to Vannevar Bush.[11:26] No American has had greater influence in the growth of science and technology than Vannevar Bush.[12:23] That's why I'm going to encourage you to order this book —because when you pick it up and you read it —you're reading the words of an 80 year old genius. One of the most formidable and accomplished people that has ever lived— laying out what he learned over his six decade long career.[14:38] A Mind at Play: How Claude Shannon Invented the Information Age by Jimmy Soni and Rob Goodman (Founders #95)[15:12] Bootstrapping: Douglas Engelbart, Coevolution, and the Origins of Personal Computing by Thierry Bardini[15:48] I don't know what Silicon Valley will do when it runs out of Doug Engelbart's ideas. —  The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution by Walter Isaacson. (Founders #157)[18:54] Bush points out that tipping points often rest with far-seeing, energetic individuals. We can be those individuals.[20:36] I went into this book with little more than a name and came out with the closest thing to a mentor someone you've never met can be.[20:58] We are not the first to face problems, and as we face them we can hold our heads high. In such spirit was this book written.[24:38] The essence of civilization is the transmission of the findings of each generation to the next.[29:00] This is not a call for optimism, it is a call for determination.[31:12] It is pleasant to turn to situations where conservatism or lethargy were overcome by farseeing, energetic individuals.[31:34] People are really a power law and that the best ones can change everything. —Sam Hinkie[33:46] There should never be, throughout an organization, any doubt as to where authority for making decisions resides, or any doubt that they will be promptly made.[34:32] You can drive great people by making the speed of decision making really slow. Why would great people stay in an organization where they can't get things done? They look around after a while, and they're, like, "Look, I love the mission, but I can't get my job done because our speed of decision making is too slow." — Invent and Wander: The Collected Writings of Jeff Bezos by Jeff Bezos and Walter Isaacson.(Founders #155)[38:36] Rigid lines of authority do not produce the best innovations.[38:42] Research projects flowered in pockets all around the company, many of them without Steve's blessing or even awareness.They'd come to Steve's attention only if one of his key managers decided that the project or technology showed real potential.In that case, Steve would check it out, and the information he'd glean would go into the learning machine that was his brain. Sometimes that's where it would sit, and nothing would happen. Sometimes, on the other hand, he'd concoct a way to combine it with something else he'd seen, or perhaps to twist it in a way to benefit an entirely different project altogether.This was one of his great talents, the ability to synthesize separate developments and technologies into something previously unimaginable. —Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader by Brent Schlender and Rick Tetzeli (Founders #265)[40:56] He was so industrious that he became a positive annoyance to others who felt less inclined to work.  —Pulitzer: A Life in Politics, Print, and Power by James McGrath Morris. (Founders #135)[42:22] Tuxedo Park: A Wall Street Tycoon and The Secret Palace of Science That Changed The Course of World War II by Jennet Conant. (Founders #143)[45:35] If a man is a good judge of men, he can go far on that skill alone.[46:00] All the past episodes mentioned by Vannevar Bush in this book:General Leslie Groves: The General and the Genius: Groves and Oppenheimer—The Unlikely Partnership that Built the Atom Bomb by James Kunetka. (Founders #215)J. Robert Oppenheimer: The General and the Genius: Groves and Oppenheimer—The Unlikely Partnership that Built the Atom Bomb by James Kunetka. (Founders #215)Alfred Lee Loomis: Tuxedo Park: A Wall Street Tycoon and The Secret Palace of Science That Changed The Course of World War II by Jennet Conant. (Founders #143)J.P. Morgan: The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow. (Founders #139)The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism by Susan Berfield. (Founders #142)Orville Wright: The Wright Brothers by David McCullough. (Founders #239)Birdmen: The Wright Brothers, Glenn Curtiss, and the Battle to Control the Skies by Lawrence Goldstone. (Founders #241)Edwin Land: Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg. (Founders #263)Instant: The Story of Polaroid by Christopher Bonanos. (Founders #264)Henry J. Kaiser: Builder in the Modern American West by Mark Foster. (Founders #66)Professional Amateur: The Biography of Charles Franklin Kettering by Thomas Boyd (Founders #125)Reluctant Genius: The Passionate Life and Inventive Mind of Alexander Graham Bellby Charlotte Gray. (Founders #138)[48:21] Difficulties are often encountered in bringing an invention into production and use.[48:47] An invention has some of the characteristics of a poem.It is said that a poet may derive real joy out of making a poem, even if it is never published, even if he does not recite it to his friends, even if it is not a very good poem.No doubt, one has to be a poet to understand this.In the same way, an inventor can derive real satisfaction out of making an invention, even if he never expects to make a nickel out of it, even if he knows it is a bit foolish, provided he feels it involves ingenuity and insight.An inventor invents because he cannot help it, and also because he gets quiet fun out of doing so.Sometimes he even makes money at it, but not by himself. One has to be an inventor to understand this.One evening in Dayton, I dined alone with Orville Wright.During a long evening, we discussed inventions we had made that had never amounted to anything. He took me up to the attic and showed me models of various weird gadgets.I had plenty of similar efforts to tell him about, and we enjoyed ourselves thoroughly.Neither of us would have thus spilled things except to a fellow practitioner, one who had enjoyed the elation of creation and who knew that such elation is, to a true devotee, independent of practical results.So it is also, I understand, with poets.[51:28] Against The Odds: An Autobiography by James Dyson (Founders #200)[52:21] When picking an industry to enter, my favorite rule of thumb is this: Pick an industry where the founders of the industry—the founders of the important companies in the industry—are still alive and actively involved. — The Pmarca Blog Archive Ebook by Marc Andreessen. (Founders #50)[57:18] If a company operates only under patents it owns, and infringes on no others, its monopoly should not be disturbed, and the courts so hold. An excellent example is Polaroid Corporation. Founded by Edwin Land, one of the most ingenious men I ever knew (and also one of the wisest), it has grown and prospered because of his inventions and those of his team.[1:00:46] I came to the realization that they knew more about the subject than I did. In some ways, this was not strange. They were concentrating on it and I was getting involved in other things.[1:01:31] P.T. Barnum: An American Life by Robert Wilson. (Founders #137)[1:05:53] We make progress, lots of progress, in nearly every intellectual field, only to find that the more we probe, the faster our field of ignorance expands.[1:11:41] All the books from Stripe Press—Get 60 days free of Readwise. It is the best app I pay for. I couldn't make Founders without it.—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

On this week's episode Colbert sits down with Grishma Parekh, Managing Director at HPS Investment Partners and Co-Head of North American Core Senior Lending. Grishma shares her insights on the direct lending market and its evolution over her years in the industry. We also discuss Grishma's role co-leading HPS's Core Senior Lending efforts in North America. She explains what her division does and shares more about their most recent initiative, HLEND, HPS's first private business development company (BDC) structure.Learn more about Grishma Parekh's role at HPS Investment Partners here. Read The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow, Colbert's Best Idea for this week, here.

What I learned from reading Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux.--Support Founders' sponsors: Tegus is a search engine for business knowledge that's used by founders, investors, and executives. It's incredible what they're building. Try it for free by visiting Tegus.and Sam Hinkie's unique venture capital firm 87 Capital. If i was raising money and looking for a long term partner Sam is the first person I would call. If you are the kind of founder that we study on this podcast and you are looking for a long term partner go to 87capital.comand Get 60 days free of Readwise. It is the best app I pay for. I couldn't make Founders without it.--[8:00] Thread of highlights from Cable Cowboy by @Loadlinefinance[8:31] Malone was stalwart about building long term value through leveraged cash flow. Earnings didn't count. He wasn't constrained by quarterly expectations.[8:53] Malone built the pipes, then bought the water that flows through them.[9:12] Malone took spartan operations to another level. Absolutely no bureaucracy. No waste. We don't believe in staff. Staff are people who second-guess people.[9:40] Malone averaged one M&A deal every two weeks over 15 years. That's insane. These guys were slinging billion dollar deals like bowls of breakfast cereal.[10:02] One of the best parts of the book is Robichaux's exploration of Malone's complex personality. It's not just a fawning glow piece.[10:46] The beginning of industries are always filled with cowboys, pirates, and misfits.[12:05] This book— by far — has been the most requested book for me to cover on Founders for years.[12:51] Founders episodes on Andrew Carnegie:Meet You In Hell: Andrew Carnegie Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford. (Founders #73)The Autobiography of Andrew Carnegie by Andrew Carnegie. (Founders #74)Founders episodes on JP Morgan:The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow (Founders #139)The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism by Susan Berfield (Founders #142)[14:37] Mavericks Lecture: John Malone[15:04] Two Rockefeller podcasts:Titan: The Life of John D. Rockefeller by Ron Chernow (Founders #248)John D: The Founding Father of the Rockefellers by David Freeman Hawke (Founders #254)[18:45] Bob when recruiting John: You've got a great future here. If you can create it.[19:32] Malone's top executives were rough riders.[20:49] In 1972 TCI had $19 million in annual revenue and its debt load was an obscene $132 million.[21:49] Magness learned to listen instead of talk.Successful people listen. Those who don't listen, don't survive long. —Michael Jordan Driven From Within by Michael Jordan and Mark Vancil (Founders #213)[24:41] That $2,500 loan turns into hundreds of millions of dollars for his grandsons.[25:47] New employees were asked can you walk 10 miles in 10 below zero weather?[26:42] The cable companies hardly paid any taxes because of the high depreciation on the equipment.[28:24] He skimmed the company's numbers, looked up at Betsy and blurted out, I'm gonna hire the smartest son of a bitch I can find.[30:55] Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher (Founders #242)[32:26] Once you make a guy rich don't expect him to work hard. Very unusual people do that.[33:24] You can identify an opportunity because you have deep knowledge about one industry and you see that there is an industry developing parallel to the industry that you know about. Jay Gould saw the importance of the telegraph industry in part because telegraph lines were laid next to railraod tracks.Edison: A Biography by Matthew Josephson (Founders #267)Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr (Founders #258)[35:24] 1. You raise money so you can increase production. 2. Use your increased production to get better rates on transportation than other refiners. 3. Use your increased profits —because you have better transportation —to buy your competitors. 4. You continue to find secret sources of income. — John D: The Founding Father of the Rockefellers by David Freeman Hawke (Founders #254)[36:40] Malone thinks about his industry more than anyone else.[38:07] He blundered early by suggesting in a meeting that Amazon executives who traveled frequently should be permitted to fly business-class. Jeff slammed his hand on the table and said, “That is not how an owner thinks! That's the dumbest idea I've ever heard.”  — The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone (Founders #179)[38:58] Our experience has been that the manager of an already high-cost operation frequently is uncommonly resourceful in finding new ways to add to overhead, while the manager of a tightly-run operation usually continues to find additional methods to curtail costs, even when his costs are already well below those of his competitors. — Berkshire Hathaway Letters to Shareholders 1965-2018 by Warren Buffett (Founders #88)[40:24] FedEx was fearful the bank would try to seize the mortgaged planes. The bank had a young officer keeping track of the situation. Every time he showed up at the airport, we would radio the planes not to land. It was all very touchy. — Overnight Success: Federal Express and Frederick Smith, Its Renegade Creator by Vance Trimble (Founders #151)[41:14] How John described this point in his career: I'm the head of a little pipsqueak company in debt up to its ass, a couple million dollars in revenue, and not credit worthy to borrow from a bank. We're barely making it.[42:25] Malone like the mathematics of it. Tax sheltered cash flow could be leveraged to land more loans, to create more tax sheltered cash flow.[43:52] Stay in the game long enough to get lucky.[47:05] Bowerman's response to other coaches: “As a coach, my heart is always divided between pity for the men they wreck and scorn for how easy they are to beat.” —Bowerman and the Men of Oregon: The Story of Oregon's Legendary Coach and Nike's Cofounder by Kenny Moore. (Founders #153)[49:27] "Forget about earnings. That's a priesthood of the accounting profession," he would preach, unrelentingly. "What you're really after is appreciating assets.”[50:23] If you control distribution you get equity in return.[53:04] My Life and Work by Henry Ford (Founders #266)[54:49] Call Me Ted by Ted Turner[1:06:33] When picking an industry to enter, my favorite rule of thumb is this: Pick an industry where the founders of the industry—the founders of the important companies in the industry—are still alive and actively involved.  — The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50)—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

When Kristina Flynn first wanted to buy crypto, she called her bank only to be told, not surprisingly, that she'd come to the wrong place. Then once she figured it out, she bought her first NFT she got involved in buying and trading, but soon realized she was running on a dopamine high and didn't have a real plan. This was the wake up call that led her to ask how she really wanted to bring value to the web3 space. Now, Kristina runs her own web3 branding and storytelling agency, is a host on Rug Radio, the worlds first decentralized media ecosystem, and is a key advocate for diversity and inclusion in crypto. I sat down with Kristina to talk about how she found her way from working in the NFL and philanthropy to being a tech founder, what intention and integrity have to do with diversity and inclusion in web3, how creators can make money in the space aside from selling their art, what decentralized media actually means, and what it takes to stay balanced in a space that moves so fast. - Meet Our Guest kristina, with a “k” (she/her) is an entrepreneur, content creator, and community enthusiast, making web3 more diverse + inclusive. As CEO of brand agency, INTENTIONAL., her work focuses on inspiring underrepresented creators through education, advice, and stories, as well as using her personal story to destigmatize mental illness in web3. Connect with Kristina on https://twitter.com/flynnkristina (Twitter) - What We Unraveled * Kristina's non-traditional path from working in philanthropy and professional sports to being a tech founder in web3, her web3 brand and story-telling agency, and her late diagnosis of ADHD and how it helped her dive into the space. * What is was about web3 and crypto that excited Kristina so much, and what happened the first time she tried to buy crypto * Why it's critical that those active in web3 now become advocates for the space to avoid mistakes made in web2 * Why Kristina believes that every skill we have acquired in web2 is going to be required in web3, as well as where this space is different to working in web2 * The lessons that Kristina learned about taking it slow and not gambling when she jumped into crypto, and why FOMO is a clear signal to step away from a crypto investment * Where Kristina sees areas of growth in web3 in terms of diversity and inclusion, and where she recommends people start when learning about this crucial aspect of the space * Why not talking is one of the first steps to allyship in web3 and crypto spaces * The importance of understanding your privilege and how it impacts your access in the space * Why Kristina is so excited to be able to support artists and creators learn to make money in the space aside from selling art by using other valuable, sought after skills * Rug Radio, the world's first decentralized media ecosystem, how it works and why it's such a  valuable framework * Finding balance with technology and mental health * Knowing that if your first experience with web3 doesn't feel great, there are other places that you do belong - Unravel Further Kristina on https://www.instagram.com/flynnkristina/ (Instagram) Kristina on https://www.tiktok.com/@flynnkristina/ (TikTok) https://twitter.com/rugradio (Rug Radio) https://www.garyvaynerchuk.com/ (GaryVee) https://modern.finance/episode/veefriends/ (Modern Finance podcast) https://twitter.com/alexisohanian (Alexis Ohanian) The Giver by Lois Lowry - Connect with Vane Twitter Instagram https://www.youtube.com/unravelingcrypto (YouTube) https://tiktok.com/@vanesvibes (TikTok) - Did you love this conversation? Why not leave us a review and tell the world!

On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The SaaS CFO, is joined by Chad Wonderling, SVP and Chief Accounting Officer at Salesloft. The lifeblood of any organization is its people. No business can achieve stability, let alone growth, without a strong team willing to grow themselves. This is something Chad has grown passionate about over the course of his career, and he dedicates much of his time to recruiting and training future leaders within Salesloft. Chad is not only a talented financial manager but a skilled recruiter as well, and he's developed a robust philosophy for hiring, retaining, and developing talent within his organization. Chad is constantly on the search for what he calls a “T-shaped leader” who can both dig deep into a specific area of expertise and has the curiosity and trainability to learn a host of diverse skills. For Chad, a successful recruiting strategy starts internally, since the people with the most organizational knowledge are those most likely to promote organizational success. This emphasis on future leaders is part of Chad's holistic FP&A strategy that looks at his company's entire catalog of assets, including the financial leaders who will one day steer the organization in his place. Chad Wonderling - https://www.linkedin.com/in/chad-wonderling-41217b28/ Salesloft - https://salesloft.com/ Salesloft - LinkedIn - https://www.linkedin.com/company/salesloft/ Ben Murray - https://www.linkedin.com/in/benrmurray/ The SaaS CFO - https://www.thesaascfo.com/ The SaaS CFO - LinkedIn - https://www.linkedin.com/company/thesaascfo/ This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The Saas CFO, welcomes David Lapter, CFO at Dashlane. David is also an Advisor and Investor at Sifflet and a Mentor at Techstars. David is not only a talented financial manager but also a keen observer and a fast learner. Throughout his extensive career, he has paid close attention to company culture, trends in successful and failing businesses, and the character of his fellow financial leaders. He joins us in this episode and shares parts of his journey to his current role. He also provides some guiding principles that he hopes will help peers to succeed in the industry. A common theme in David's story is one of identity. Organizations that know their target market, their strengths, and their assets, are the ones that consistently outperform their competitors. Trying to be too many things to too many people, or entering a market you're unequipped for, is a short road to failure. Apart from these professional words of wisdom, David has also learned the value of nurturing healthy relationships within the workplace. These relationships are not only essential for personal fulfillment but also for financial stability. David Lapter - https://www.linkedin.com/in/david-lapter-3b323a6/ Dashlane - https://www.dashlane.com/ Dashlane - LinkedIn - https://www.linkedin.com/company/dashlane/ Ben Murray - https://www.linkedin.com/in/benrmurray/ The SaaS CFO - https://www.thesaascfo.com/?utm_source=LinkedIn&utm_medium=TheSaaSCFO&utm_campaign=ProfileLink The Saas CFO - LinkedIn - https://www.linkedin.com/company/thesaascfo/ Use these discount codes to receive 50% off a Dashlane subscription! dashlanepremium50 dashlanefamily50 dashlanebusiness50 This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd is joined by Jeff Cross, CFO and Managing Director - US, at BrandMaker. While Jeff has an extensive financial background, he claims his career didn't really begin until almost two decades into it, when he discovered his passion for the private equity world. The idea of moving from business to business while provoking extraordinary growth called to him like nothing had before, but it was not without its fair share of challenges. Jeff's current role has him juggling the finances for three different organizations as he seeks to earn back his initial investment. Having to split focus across multiple businesses is not a challenge most CFOs encounter, but the fast pace and problem-solving nature of the job make Jeff feel right at home. To effectively keep all his plates spinning, Jeff has learned to put a lot of trust in his various leadership teams. As he puts it, the best thing he can do for his various organizations is to hire the right leaders and then get out of their way. Relying on a talented team is fundamental to Jeff's, or any financial leader's, success. Jeff Cross BrandMaker BrandMaker - LinkedIn Hive9 Hive9 - LinkedIn Allocadia Allocadia - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The SaaS CFO, is joined by Rachita Sundar, Senior Vice President of Finance at HubSpot. Rachita is somewhat of a growth specialist. For much of her career, she's been a part of either building new teams from the ground up or scaling businesses to help them expand into new markets. For Rachita, financial leaders are uniquely positioned to help propel this sort of expansion, because they sit at the crossroads of so many business functions. Being able to see the whole of an organization's operations through the lens of finance grants Rachita an important perspective on future growth opportunities. Rachita has gone beyond this, however, and has actively sought opportunities to expand her knowledge in areas of operations, engineering, and marketing. In this way, her personal growth and professional expansion mirror the kind of scaling she hopes to bring about for her organization. It's the consistency between her personal and organizational approach that makes her such an effective strategic partner for companies seeking to scale up. Rachita's adaptability and desire to learn have continually been an asset not only to her career but to the businesses she's been a part of. Rachita Sundar HubSpot HubSpot - LinkedIn Ben Murray The SaaS CFO The Saas CFO - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd is joined by Ryan Myers, CFO of America's Thrift Stores, to talk about his unique background and the relationships he's cultivated between people and between systems. Ryan initially wanted to pursue a career in music, having obtained a degree in music from the University of Alabama. While he still enjoys music as a hobby, the intricacies and complexities of managing a constantly rotating inventory of retail merchandise captivated Ryan while he was still just an operator at America's Thrift Stores. His passion for making these complex systems run smoothly allowed him to work his way right up to the role of CFO. Much of the time Ryan spent on his journey to his current position was dedicated to making better use of data and analytics. While the budgets and forecasts he was given seemed good on paper, in reality they were often disconnected from the daily operations of the business. Using data to make plans consistent with the reality of organizational operations has been a great achievement for Ryan. Joining these analytics to meaningful partnerships with nonprofit collaborators makes Ryan not only a good steward of systems relationships but human relationships as well. Ryan Myers America's Thrift Stores America's Thrift Stores - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd welcomes Barbie Jefferson, CFO at the YMCA of Greenville. Barbie has been a successful financial leader for many years but her passions go far beyond her professional aspirations. To Barbie, her role as CFO has never been an end in itself but a job that makes space for her to do the things she truly cares about: serving her community and spending time with her family. Barbie willingly left a publicly-traded company to work for a nonprofit, first a South Carolina state college and then eventually the YMCA of Greenville. This decision was motivated by a desire for a healthier work-life balance, but it also placed Barbie in a position where she could embody her own personal values in a way that advanced the mission of her organization. Barbie's vision and that of the YMCA in Greenville were in lockstep, making Barbie an effective agent for fulfilling the goals set forth at the YMCA. The consistency between personal and organizational values not only made Barbie an ideal worker in her role but made the YMCA better equipped to serve its community. Barbie Jefferson YMCA of Greenville YMCA of Greenville - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd welcomes Adanma Osuagwu, Director of Finance/Project Control at By Light. Adanma has a background in more than just finance. Her professional career has given her experience in project management, IT systems, and HR research. Such a diverse skill set serves her well not only in her financial management position, but also in the way she connects her role to the business at large. Adanma understands the people that make up her organization, just as well as she understands the numbers. This knowledge allows her to build bridges between the various departments of By Light. She creates relationships between her team, the technological tools they use, and the organization at large. These relationships help to create healthy team dynamics and a work environment that caters to her staff's needs. This, in turn, promotes staff longevity, and a more efficient business. To Adanma, financial management is not just about understanding money. Rather, it's about understanding the relationships between a business and all its assets, people included. Managing these assets means understanding the connection points between them, and providing the proper tools to create healthy interdepartmental relationships. Adanma Osuagwu By Light By Light - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The SaaS CFO, interviews Sarah Wilson, VP of Global Finance and Strategy at Tradeshift. Sarah is not only skilled in numbers and data analytics but has also developed a keen emotional intelligence. She knows how to relate those numbers and data points into a meaningful story that unites her team around a shared company vision. It's this understanding and care for the people in her organization that have made her a talented team builder. Sarah has a background not only in finance but also HR, and her experiences have given her a broader understanding of the interconnected pieces of her organization. She's merged these two elements of business together in her compensation philosophy, which reflects a concern for how Tradeshift's finances affect employee well-being. Sarah doesn't see herself as someone who manages both finances and people. Rather, she sees both elements as a singular asset that advances the company's mission. No asset is an island and to see the way the pieces of an organizational puzzle work together and compliment each other is a foundational trait of the successful financial leader. Sarah Wilson Tradeshift Tradeshift - LinkedIn Ben Murray The SaaS CFO The Saas CFO - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The SaaS CFO, welcomes Karen Friar, CFO at Benco Dental. Karen started at Benco as an intern in the finance department. Over the better part of two decades, she worked her way up from being a staff accountant all the way to her current role as CFO. Through that journey, Karen has been able to see the transformation that Benco has gone through as it has evolved to keep up with changing times, and Karen has been able to be a part of that evolution as well. While many might view modernization as a simple update to an organization's tech stack or the adoption of new financial standards, Karen sees it as a more all-encompassing philosophy. To her, modernization means flexibility in company culture, hiring practices, work environment, and even the implementation of new KPIs. Society changes almost as rapidly as technology and keeping financial systems current means paying attention to the needs of the people running those systems. Financial success requires a holistic understanding of not only the systems and technologies in place but also the human capital needed to make those assets work most effectively. Karen Friar Benco Dental Benco Dental - LinkedIn Ben Murray The SaaS CFO The Saas CFO - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The SaaS CFO, welcomes Will Johnson, Chief Financial Officer at Iterable, to discuss the ever-evolving role of the modern CFO. Will's background is as both a venture investor and the CFO of private, venture-backed organizations. It gives Will a uniquely holistic understanding of the finances involved in managing a SaaS organization. He has applied this understanding to his current role at Iterable, seeking to approach the CFO role in a way that engages the entire organization and involves him in operations, sales, and other non-traditional CFO capacities. This has allowed Will to stay on the leading edge of a role that is constantly evolving and to meet his organization's needs in a way that a more traditional CFO might not be able to. One such need is in strategic future planning. Will is able to competently work with management teams to create financial forecasts, rather than simply analyzing past financial models, due to his willingness to engage in tasks that go beyond those that were historically expected of a CFO. Will's immense success with Iterable is a testament to the need for the modern CFO to be adaptable and versatile in their work. Will Johnson Iterable Iterable - LinkedIn Ben Murray The SaaS CFO The Saas CFO - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd is joined by Shahrooz Roohparvar, CFO at Cal Poly Humboldt, to discuss the complexities of navigating higher education's unique financial needs. Shahrooz thinks of himself more as a project manager than only as a CFO. He's often directly involved in overseeing the operational side of Cal Poly Humboldt, which has offered its fair share of challenges in the wake of the Covid-19 pandemic. When students transitioned to primarily online instruction, and when they began making greater use of Cal Poly Humboldt's mental health services, Shahrooz was doing more than financial projections. He was on the front lines of building out the necessary infrastructure to accommodate the school's needs, often measuring success with intangible metrics, like student well-being. By bringing his resource management experience into his project oversight, Shahrooz has helped build Cal Poly Humboldt into a competitive, accessible higher education institution. His understanding of both concrete and abstract metrics of success allowed him to gain a holistic understanding of his organization's needs and ensure they were met, even in a time of crisis. Shahrooz Roohparvar Cal Poly Humboldt Cal Poly Humboldt - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd is joined by Fran Swain, Chief Financial Officer at Central Valley Ag Cooperative, to discuss the financial structure unique to a farm co-op. At Central Valley Ag, individual farm owners and producers pool their resources to maximize their collective assets. From a financial standpoint, this means Fran is managing the resources of multiple organizations, combined into one financial system. It offers unique challenges to financial management, but also unique advantages. Every member of the co-op's board is themselves a farmer or producer. Every executive member, then, is by definition keenly aware of the needs of the organization. Under this structure, leadership is interwoven with operations and an increasing scale doesn't necessarily lead to detachment from everyday functions. This is an essential component of Central Valley Ag. As a leader in the agriculture industry, the everyday functions of the organization are often on the frontlines of conversations surrounding businesses' impact in the social and ecological sphere. Fran is tasked with managing his company's resources in a way that not only strengthens the organization but also accounts for social and environmental responsibility. Fran Swain Central Valley Ag Cooperative Central Valley Ag Cooperative - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

As we wrap up Women's History Month, I couldn't think of a better person to have on the show than Jaclyn Johnson to talk all things venture capital and showing up for women in business! It's been almost four years since I've had Jaclyn on, and I'm in awe of everything she's accomplished in that time. She's the founder & CEO of Create & Cultivate, as well as her latest project, New Money Ventures; a venture capital firm and brand studio on a mission to fund and build the next generation of game-changing, female-led companies.    We talk about how she stays motivated, her experience with selling her company, and the importance of setting boundaries. We also discuss how to overcome rejection, her advice for pitch meetings, and details on some of the amazing companies that she's backing. No matter where you are in your entrepreneurial journey, Jaclyn has so much wisdom and inspiration to share with you all in today's episode!    IN THIS EPISODE, WE TALK ABOUT: How to tell when it's time to start a new venture  Her experience with selling her business  When she started to see real results in Create & Cultivate  Creating mutually beneficial relationships  Breaking the cycle of women being pushed out of venture capital  Opening up conversations about building generational wealth  Her take on web3 and NFTs What she wants all women in business to know about raising money    RESOURCES Thanks to Splendid Spoon for sponsoring Earn Your Happy. Go to splendidspoon.com/lori for $50 off your first box when you subscribe to the Breakfast, Lunch + Reset Plan, or the Breakfast, Lunch, Dinner + Reset Plan Thanks to Issuu. Sign up for a premium account and get 50% off at issuu.com/podcast and use promo code LORI.  Check out Jaclyn's podcast recommendations: How I Built This and Modern Finance  Sign up for The Spritz newsletter at litepink.com! Text PODCAST to 310-496-8363 for updates and a chance to be featured on the show!   CONNECT WITH JACLYN  Follow her: @jaclynrjohnson  Follow New Money Ventures: @newmoneyventures  Learn more about New Money Ventures: newmoneyventures.co  Buy her book, WorkParty: workparty.com/book  Listen to WorkParty podcast    CONNECT WITH LORI Follow me: @loriharder Follow Lite Pink: @drinklitepink Follow Earn Your Happy: @earnyourhappy Follow Girlfriends & Business: @girlfriendsandbusiness Listen to Girlfriends & Business   ABOUT JACLYN Jaclyn Johnson created her career. A powerhouse entrepreneur, by the time she was 28, Johnson had sold her first business, invested in multiple female-owned startups and launched her second multi-million dollar company, Create & Cultivate. Johnson recognized a gap in conversations, resources, events and community for female millennial entrepreneurs and responded with a solution, Create & Cultivate, the wildly popular media platform and nationwide conference. In the process, Jaclyn's own work-life philosophy, built on the cornerstones of female empowerment, hustling-hard and innovation have propelled her voice to the forefront of the discussion on workplace equality, a new thought-leader for millennial women and Gen-Z-ers on the career come up. This passion for supporting female entrepreneurs has sparked her latest endeavor, New Money Ventures; a venture capital firm and brand studio on a mission to fund and build the next generation of game-changing, female-led companies.  Named a Forbes 30 Under 30, an Adweek Disruptor and profiled in Fast Company, the LA Times, Entrepreneur and more, Johnson has earned her way to the frontlines of a workplace revolution at a time when change-agents and disruptors are flexing real influence.

This is a special episode featuring an interview with Thomas Gavaghan, the Vice President of Global Pre-Sales at Kyriba. Tom is a solutions architect. He has multi-billion-dollar companies relying on his guidance so they can achieve their KPIs. Tom has helped more than 12,000 clients identify, target and solve for financial technology challenges. So they can get better visibility on their cash flow and achieve their goals. On this episode, Tom and host Daniel Shaffer discuss two key topics: Payments and Visibility. Together, they look back at what previous guests have said about the topics, including Reed Luhtanen, Executive Director of the U.S. Faster Payments Council, Laurie Krebs, SVP and CFO at Red Hat, Danielle Murcray, CFO at AttackIQ, and Benjamin Seal, VP of Treasury Services at Cenveo.Quotes*“When you think about a puzzle, you think about a jigsaw puzzle. What do you have? You have a box with a picture on it. You have the pieces inside of it. And your goal was to make the pieces match the picture. One of the things I think is different in financial technology and in our environment, in our space which we're in, we don't know what that picture is. We need to understand first, what does that picture look like? What's the landscape of an organization look like? We have the pieces and we have so many of them, but we have to then figure out how to put them together to match what the customers are ultimately looking to do.”*”Size of a company does not dictate complexity. I think sometimes in technology selling business type arrangements, you just equate biggest companies with being the most complicated… Companies of all sizes are naturally international in their supply chain, how they get material or resources, and how they sell their product. And with that then comes a lot of nuance and a lot of complexity that they have to manage and they have to deal with.”*”The more touch points I have, the more systems I have in place that are making payments and sending payments to the bank, each outlet Is an opportunity for fraud. It's an opportunity for someone to come in and infiltrate that connection, that system, and do something perhaps nefarious… It doesn't matter if you're in finance or you're in another part of the organization. Criminals are trying to infiltrate and get access to those systems. And they can do it so easily if you're not careful by putting the payments centrally, managing incentives, singular type technology, or that pursuit will give companies better ability to monitor that flow, monitor those payments, protect their cash, protect their organization, protect the reputation that they have.”Time Stamps*[5:36] Understanding the fintech landscape*[11:18] Company size does not dictate complexity*[15:55] Controlling the interest rate environment*[17:24] The benefits and risks of real-time payments*[26:28] Why relying on the bank for payment security isn't enough*[30:10] What is visibility?*[34:50] Leveraging data for ML and AI*[39:30] Excel is a tool, not the answer to reporting needs*[44:06] Justifying investment in new tech through value engineering*[47:27] Including clients in their own process improvement*[49:41] The complexities of the consultative processSponsorThe Invisible Vault is powered by the team at Kyriba, the global leader in cloud treasury and finance solutions, empowering CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation. To learn more visit www.kyriba.comLinksConnect with Thomas on LinkedInConnect with Daniel on LinkedInFollow Daniel on Twitter

On this episode of the Leaders of Modern Finance podcast, host Ben Murray welcomes Betsy George, CFO at the City of Oxnard, to discuss some of the differences between public and private finance. While she now reports to a city council and works with public funds, Betsy got her start in the private sector. After spending some time working for a shipping company based in Los Angeles, she applied for a position with the City of Long Beach. Her experience in the shipping industry made her an ideal candidate, but she was initially hesitant to accept a job in the public sector. After spending some time with other city employees, Betsy found that her reservations about public sector work were completely unfounded. Work in the public sphere was built on a passion for serving the community and building more efficient public systems, and this new challenge was exactly what Betsy was looking for. Public work is often not so different from the private sector. Betsy still reports to a board, manages a budget, and makes use of an ERP system. Now, however, she works with the community to implement strategies that benefit the whole city. It is a uniquely challenging and profoundly rewarding new environment. Betsy George City of Oxnard City of Oxnard - LinkedIn Ben Murray The SaaS CFO The Saas CFO - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Jack McCullough of the CFO Leadership Council speaks with Shannon Nash, Chief Financial Officer at Reputation. They discuss her personal journey to becoming CFO and her work championing diversity in her industry. Shannon has built a robust portfolio over the course of her impressive career. She began working towards becoming a CPA while still in high school, but also earned a JD from the University of Virginia Law School. She was also the producer of a documentary film. It may seem like an atypical route to becoming a CFO, but Shannon takes pride in her diverse background. For her, the most valuable asset someone can bring to a team is their unique experience. For that reason, Shannon continues to be a passionate advocate for diversity and inclusion within the finance and technology fields. More diverse teams have been proven to outperform their less diverse counterparts. While Shannon appreciates that diversity is simply good business, she seeks to make the world a more inclusive place for the sake of people, not for the sake of numbers. Shannon Nash Reputation Reputation - LinkedIn Colored My Mind - Film National Society of Black CPAs National Society of Black CPAs - LinkedIn Jack McCullough CFO Leadership Council CFO Leadership Council - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

In this episode we address emails from Julie T., Julie H. Jeff and Colin.  We discuss the automated trading platform Composer, places to learn about crypto and NFTs, the growth factor in equities, the fund PRWCX, a modified Golden Butterfly portfolio, and using ABLE accounts for the "family match".And THEN we scar you with our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:The Composer website:  Composer – Automated trading platform.Modern Finance podcast:  Modern Finance – MoFiProof podcast re NFTs:  PROOFBitcoin Fundamentals podcast:  Bitcoin Fundamentals: A Podcast on Bitcoin - The Investor's Podcast Network (theinvestorspodcast.com)Portfolio Visualizer Growth Fund/Total Stock Fund Correlations:  Asset Correlations (portfoliovisualizer.com)PRWCX vs. Golden Ratio:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Colin's Modified Golden Butterfly:   Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Support the show (https://www.riskparityradio.com/support)

On this episode of the Leaders of Modern Finance podcast, host Ken Boyd speaks with Jennifer DuPlessis, Assistant Superintendent of Finance and Operations at Lovejoy ISD, about the struggles of managing financial systems with scarce access to resources. While many businesses have had to face unique challenges in the wake of Covid-19, working within a school district carries its own special kind of adversity. Like so many, Jennifer has had to contend with employee shortages and reduced funding. She does this, however, while working in an industry notorious for its tight budget and limited staffing. Before working in Lovejoy, Jennifer was a part of Arlington Independent School District, an area with many more resources available to it. Transitioning to a smaller district forced Jennifer to adapt quickly, and her resourcefulness has been an important asset in this new environment. From technology that maximizes system efficiency, to tax codes that allow for increased funds, Jennifer uses every tool available to her to rebuild her institution's finances and earn the public's trust. Through the work she does, Lovejoy ISD is building working budgets in an environment of scarcity. Jennifer DuPlessis Lovejoy ISD Lovejoy ISD - LinkedIn Ken Boyd Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

On this episode of the Leaders of Modern Finance podcast, host Ben Murray welcomes Krista Dusil, CFO at Be The Match, a non-profit organization that manages the most diverse blood stem cell registry in the world. Krista began her career in public accounting and, early on, she moved to a large healthcare firm. On her path to becoming a CFO, she spent some time outside of finance in various roles in operations, product, and venture capital to expand her overall business acumen. After a successful exit with a behavioral health company, Krista continued on a mission-driven path in her career. That's when she took the position of CFO at Be The Match. When asked about the transition to the non-profit world, she says the biggest challenge was getting used to not always making decisions based on maximizing profits. Like any traditional finance role, metrics are the driver for decisions but, at Be The Match, their top-priority metric is lives impacted, including transplants facilitated and cellular therapy delivered.. Additional metrics center around delivering the optimal product to improve outcomes for patients and increasing diversity on the national registry to provide equal access to transplant for patients regardless of race or ethnic background. The result is they look to minimize margins which enables them to reinvest in their mission, to impact as many lives as possible today and well into the future. Krista Dusil Be The Match - LinkedIn Be The Match Ben Murray The SaaS CFO - LinkedIn The SaaS CFO Stampli This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.

Jason Markow (known around the web as '@TEKSTartist') has been slinging designs from his southern California studio since 2011. His techniques often combine digital and traditional mediums to create visual representations of powerful quotes. His work hangs in the homes and offices of Jason Mraz, Chuck Palahniuk, Alexis Ohanian, Gary Vaynerchuk, and fans across all 50 US States and 34 countries around the globe. Jason recently started his own podcast, Another Crypto Show! Check that out here: https://www.anothercrypto.show His TEKSTARTIST website: https://tekstartist.com/ and his personal: https://www.jasonmarkow.com/ His Instagram, full of amazing work: https://www.instagram.com/TEKSTartist/ His Twitter: https://twitter.com/tekstartist Dude even has a Medium page! here: https://medium.com/@TEKSTartist And Facebook here: https://www.facebook.com/TEKSTartist/ For more sweet crypto knowledge, listen to experts like Kevin Rose over on Modern Finance: https://modern.finance/episodes/ And Kevin's NFT podcast, PROOF: https://modern.finance/episodes/ For further mind-exploding, follow that up with Tim Ferriss' incredible interview with Balaji Srinivasan on the future of Bitcoin and Ethereum: https://tim.blog/2021/03/24/balaji-srinivasan _______________________________________ Follow me on Instagram @LongDistanceLoveBombs: https://www.instagram.com/longdistancelovebombs Looking for a heartfelt gift? Visit my print shop here: https://www.longdistancelovebombs.com/theshop Sign up for my weekly newsletter! Click here: https://longdistancelovebombs.mykajabi.com/email. It's easy and takes five seconds. Check out a list of my favorite books here: https://www.amazon.com/shop/longdistancelovebombs --- Send in a voice message: https://anchor.fm/longdistancelovebombs/message