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Breaking Banks

Episode 531: Killing It: A Simple Journey and Lending Without Bias

Feb 15, 2024
Exploring the journey of a fintech pioneer from Simple to Sila, reflecting on tough decisions. Discussing a new partnership in the mortgage space to empower underserved demographics with bias-free lending. Embracing tech for good through innovative solutions and forming a two-sided marketplace for lenders and borrowers.
01:14:35

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Embracing failure and self-care is crucial in navigating entrepreneurial journeys.
  • The historical origins of mortgages date back to Sir Thomas Littleton in the 11th and 12th centuries in Europe.

Deep dives

The Journey of an Entrepreneur Facing a Hard Decision

Entrepreneurs often reach a critical juncture where they must decide between continuing their startup journey or considering a new path, which may include selling their business. This decision can lead to mixed emotions, as it marks a shift from the initial entrepreneurial dream. The advice given revolves around accepting failure as a part of the process and understanding that personal identity is not solely defined by entrepreneurial success or setbacks. Embracing the idea that it is okay to fail and making self-care a priority, even if it means transitioning to a traditional job temporarily.

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