The psychological aspects of being a founder, emphasizing the importance of kindness in achieving success. Watch the full video — free, no account needed.
The psychological aspects of being a founder, emphasizing the importance of kindness in achieving success. It delves into the mindset and emotional resilience required to navigate the challenges of startup life.
I'd like to apply for a small business loan. And what's your business? I bake cakes in the shape of different celebrity faces. >> Oh, wow. >> So what do you think? >> I think yes. What do you need? >> It may be my last loan. It's a Ducati. I'm thinking it'll get people off my back about the male nurse thing. >> Yeah. Nice ride. >> Carl Wesley T. Parker Vice President Brea Federal Savings. Pleasure to meet you. Every two months the typical loan officer approves 35 to 40 loans. You have given out 561. >> So little more than average then. >> Carl this bank traditionally has never given out small loans. A $250 loan for a mountain bike, $600 for windsurfing. But then I look closer. These people are so grateful to have their needs met. More than 98% of them are following through with the payments. And because you've given out so many of them,
we're actually making a lot of money. Carl, these microloans, not bad.