Yoseph West, Co-founder and CEO of Relay Financial, shares his insights on revolutionizing small business banking. He discusses the challenges entrepreneurs face with outdated financial systems and offers solutions through Relay's innovative platform. Yoseph emphasizes the importance of a strong company culture, even as a team grows from 6 to over 100 employees. He also explores the transition to digital banking, the future of financial technology, and the balance between bootstrapping and seeking external capital to drive business growth.
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Hamner's Transition to Relay
Bradley Hamner initially used Relay for automating bills.
He gradually switched all accounts after positive experiences.
volunteer_activism ADVICE
Challenge Banking Frustrations
Frustrated business owners should challenge banking frustrations.
Try Relay for a better experience, starting with a single feature.
insights INSIGHT
Direct Bank Feeds
Direct bank feeds eliminate third-party scraping, improving reliability.
Relay sends enhanced data directly to accounting systems, enabling efficient cash coding.
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In 'Awaken the Giant Within,' Tony Robbins offers a comprehensive program for self-mastery, helping readers to discover their true purpose, take control of their lives, and harness the forces that shape their destiny. The book emphasizes the importance of understanding and changing one's belief system, values, and daily habits. It introduces concepts such as Neuro Associative Conditioning (NAC) and the three decisions that control one's destiny: what to focus on, what things mean, and what actions to take. Robbins provides step-by-step exercises and a seven-day challenge to reshape various aspects of life, including emotional, physical, relationship, and financial destinies. The book stresses that everything we do is driven by the need to avoid pain or gain pleasure and teaches how to use these forces to achieve personal goals and transform one's life.
The 15 Commitments of Conscious Leadership
A New Paradigm for Sustainable Success
Diana Chapman
Kaley Warner Klemp
Jim Dethmer
This book distinguishes between unconscious and conscious leadership, offering a roadmap to help leaders transition from fear-based to trust-based leadership. The 15 commitments outlined in the book aim to enhance self-awareness, accountability, and collaborative relationships. By practicing these commitments, leaders can achieve more energy, clarity, focus, and healthier relationships, both personally and within their teams. The commitments include ending blame and criticism, speaking candidly, finding unique genius, and creating win-for-all solutions, among others. The authors provide practical exercises and resources to help leaders implement these commitments effectively[2][3][4].
Measure What Matters
Laura Patterson
John Doerr's "Measure What Matters" explores the power of Objectives and Key Results (OKRs) as a goal-setting system. The book showcases how OKRs have been used by companies like Google and Intel to achieve ambitious goals. Doerr emphasizes the importance of setting clear, measurable objectives and tracking progress regularly. The book also highlights the importance of aligning goals across teams and organizations. It provides a practical framework for setting and achieving ambitious goals in various contexts, including business and personal life.
Yoseph West is the Co-Founder & CEO of Relay Financial, a business banking platform that gives SMBs better visibility into their financials and simplifies collaboration between small business owners and their advisors — accountants and bookkeepers.
In today’s podcast, he shares specifics on the problems solved by Relay Bank. He and Bradley discuss how Relay Bank is “business banking reimagined for the 21st century.” He also discusses the concept of fast growth culture, including…
Use of remote work
How much work space is needed
Challenges with hybrid work culture
How to set goals and targets
He shares how he and his team has worked to keep the same culture that was created with 6 employees with 50-100 employees.
He and Bradley also discuss the future of banking, looking at predictions based on how things have been going. Finally, they talk through the pros and cons of bootstrapping vs. taking on outside capital.
Above The Business 
