Brians blog

• I spent 3 days with my team in Turkey and INSISTED that no one open their laptops.
  June 9, 2023
• Adapting to new tech is crucial for smaller banks to keep up.
  June 8, 2023
• If Asset Liability Committees met more frequently, not only would they be able to better manage liquidity and risk, they could even improve overall bank operations.
  June 7, 2023
• ALCO meetings shouldn’t be quarterly.They shouldn’t even be monthly.And they definitely shouldn’t be run by the board.
  June 6, 2023
• How I would handle the implementation of a major API as a bank leader, knowing it would significantly change the roles of many of my employees:
  June 3, 2023
• The commoditization of core banking functions is NOT causing layoffs.
  June 3, 2023
• COVID stimulus was nice in theory—Increase economic activity by giving people more money to spend.
  June 1, 2023
• Excessive COVID stimulus has led to a giant game of whack-a-mole.
  May 31, 2023
• More banks will fail in the coming months.
  May 27, 2023
• If there’s 1 piece of advice I could give to my 20 year-old self, it would be this:
  May 24, 2023
• The government’s response to COVID has had far worse consequences than they imagined…
  May 17, 2023
• Within 5 years, core banking functions will be completely commoditized.
  May 13, 2023
• Banking used to be a scary world full of regulations that few wanted to enter.
  May 12, 2023
• Open banking might be the death of many banks,
  May 11, 2023
• In-Depth analysis of First Republic Bank
  May 10, 2023
• Open banking has opened the floodgates to innovation.
  May 8, 2023
• Open banking will be the death of hundreds of banks.
  May 5, 2023
• Open banking is innovating finance at an incredible rate.
  May 4, 2023
• I just hired a specific software expert at low cost within 12 hours of beginning my search.
  April 28, 2023
• Banks have a funny way of expecting more from their borrowers than they should….
  April 27, 2023
• I did an entire month of work without getting paid.
  April 25, 2023
• I got over 50 Colombian data scientists to come drink beer at a bar with me.
  April 21, 2023
• Most bankers are so bad at problem-solving it’s funny.
  April 18, 2023
• VCs might give you money before you’re profitable
  April 14, 2023
• When my team makes mistakes,It’s my fault.
  April 14, 2023
• If the UBS acquisition of Credit Suisse finalizes,
  April 13, 2023
• Looking for a business loan?
  April 1, 2023
• Make no mistake: The decision to bailout big banks IS setting a precedent right now.
  April 1, 2023
• SVB’s collapse could have been avoided.
  April 1, 2023
• Don’t be a Generalist Banker.
  March 29, 2023
• How does a bank decide whether or not your business qualifies for a loan?
  March 29, 2023
• Many banks intentionally stunt their own growth.
  March 29, 2023
• While working for Wells Fargo I had 90 products to sell. I only sold 6 ????
  March 29, 2023
• Community Banks rely too much on Sneaker-ware, Not enough on Software.
  March 24, 2023
• Did an SVB Insider profit off the collapse?Who at SVB knew this was coming?
  March 24, 2023
• Ever wonder how companies sell for 10X Book Value?
  March 24, 2023
• If there is 1 thing I can tell you about interest rates, It’s that the current situation is NOT sustainable.
  March 21, 2023
• Sales Is Service.
  March 21, 2023
• Banking as a Service has major risks.
  March 19, 2023
• I have been seeing some blame shifting occurring with regards to SVB.
  March 19, 2023
• Success in banking doesn’t come from hitting home runs.
  March 17, 2023
• My favorite part of being an entrepreneur:
  March 16, 2023
• Ever wonder what a bank’s balance sheet looks like?
  March 14, 2023
• How much tech do you need to know to start a tech company?
  March 14, 2023
• I don't always drink $7,000 whiskey.But when I do…It's a toast to a job well done.
  March 14, 2023
• Spent the day discussing Silicon Valley Bank, Silvergate Bank, Signature Bank, among others with our customers, partners and friends.
  March 14, 2023
• Why do big businesses seem to waste so much money?
  March 11, 2023
• I recently had a customer ask if they could have a copy of all our underlying data.I didn’t even hesitate to say yes.
  March 10, 2023
• Hearing business leaders complain about their talent pool drives me INSANE!
  March 8, 2023
• Teaching my daughter to ski in just a day and a half taught me more than it taught her.
  March 8, 2023
• Banking is the simplest business in the world.“Before the quarter starts, you know where 90% of your income is coming from.All you have to do is get the final 10% right.”
  March 5, 2023
• It’s A Wonderful Life isn’t a Christmas movie…
  March 3, 2023
• "The early bird gets the worm,But the second mouse gets the cheese."Which one should your business be?
  March 3, 2023
• I ran a bank.But the most cash I’ve ever seen was $420k on 4/20/20 ????
  March 2, 2023
• Amazon has about 1,608,000 employees.
  February 28, 2023
• Today's economy is on the cusp of recession.
  February 26, 2023
• “Starting a bank” was never on my to-do list.
  February 24, 2023
• Your product will never reach its full potential if your customers have no say in development.
  February 24, 2023
• Visbanking finds 5 banks (min. $50 Million in Assets) with a greater than 70% probability of failure in 2023.
  February 22, 2023
• If you want your bank to be the most profitable in the long run - make the most of your CRM.
  February 21, 2023
• History doesn’t repeat itself.
  February 19, 2023
• I was heading out the door for work when my son made a strange request.
  February 19, 2023
• What was the last financial service you bought?Why did you buy it?
  February 16, 2023
• What is a “Risk Continuum” and why on earth should you even care??
  February 14, 2023
• What is your unfair advantage?
  February 14, 2023
• Every successful venture starts with 2 things
  February 10, 2023
• Non-Performing Loans will NOT cause the same issues in this recession as in ‘08.Here’s why:
  February 10, 2023
• It’s much easier to eat someone’s lunch than it is to steal their entire business.
  February 9, 2023
• Make more money with 0 extra effort using this 1 simple phrase:
  February 7, 2023
• Which comes first:Your product?Or your target market?
  February 6, 2023
• The world is getting smaller every day.Here’s how you can use that to your advantage in banking/finance. ????
  February 4, 2023
• 3 ways that delaying a software merger - especially Core Systems - will CRUSH scaling efforts for your bank.
  February 3, 2023
• You know the saying, “If it ain’t broke, don’t fix it”?
  February 2, 2023
• Convenient tech does NOT equal good tech.
  February 1, 2023
• About ChatGPT
  January 31, 2023
• I recently changed banks over a Customer Service issue.
  January 31, 2023
• Are higher interest rates here to stay?
  January 28, 2023
• Are you trying to capture as much of your customer’s wallet as possible?
  January 25, 2023
• You know what’s scary?
  January 21, 2023
• Banks are struggling to keep up with technology trends.
  January 20, 2023
• So, you have to fire someone.
  January 17, 2023
• Did you see the latest fine that the SEC dished out?
  October 20, 2022
• I took the financials from a trucking company into my credit guy.I was excited until my credit guy told me we couldn't do the deal.Not now. Not ever.
  October 6, 2022
• Deposits matter.
  September 21, 2022
• Last week I made a bold prediction
  September 18, 2022
• Last week I made a bold prediction
  September 17, 2022
• 10 years from now, there will be ⅓ less banks in the US than there are today.
  September 16, 2022
• Got an interview coming up?
  September 14, 2022
• I was backing uphill into a parallel parking spot on an extremely steep hill in the middle of Istanbul.7 people were crammed into a Mercedes Vito van on our last day of a 37-day adventure with my family. I asked myself, “How did I get here?” But I knew exactly how it happened.
  September 12, 2022
• Rick jumped into my office
  September 10, 2022
• Rick jumped into my office - “Brian do you have a copy of the incentive compensation plan?” I quickly said, “No, I think James was gonna send that to me.”
  September 9, 2022
• Met with over 200 oil & gas guys in Oklahoma in the past 9 years.
  August 24, 2022
• March 24, 2008, I walked into the first bank I ever worked in. Bear Stearns was on the brink of bankruptcy. Countrywide had been purchased for $4B in stock from Bank of America in January.
  August 11, 2022