Triumph Bank was started right before the Financial crisis of 2008 with just a few million dollars and sold for over 130 million dollars. The number of new banks opening around the United States has drastically changed since the 2008 financial crisis, and I wanted to find out why. This episode will give you much more than that and the future of banking.This is a great episode that also covers:
- What it actually looks like to quit your job at 50 and go all in a start-up bank even when you don’t know if you’ll make it
- How to win in the service industry when big banks keep acquiring market share
- Being 5 million dollars in the hole and working your way out of it after the 2008 financial crisis
- Why it makes no sense to start a bank anymore
- Plus much more!
Please enjoy this week’s episode with Will Chase!