Goodwill Industries of the Southern Piedmont’s Post

It’s not just the name card that disappears when you leave a stable job. When I was working in my previous job, my Amex Platinum card felt like a badge of honor. But the first thing I did after resigning? Canceled it. No more company expenses meant no need to pay that hefty annual fee. Reality set in when I applied for a new card and got rejected—turns out, no income for three months makes it tough to get credit. Lesson learned: secure your financial tools before you step away from that steady paycheck. Then came the loan debacle. I bought a property while employed and secured a loan, but just before the property was ready, the bank asked me to deposit assets to cover the loan since I no longer had an income. It was a wake-up call—banks aren’t your friend when your income disappears. The biggest lesson? A steady income isn’t just a number—it’s the foundation for your credit and financial leverage. After I left my job and transitioned into a new career, what was left? Just my savings. No more business cards, no more steady paychecks—just the money I had put away. Those savings carried me through the five years it took to build my second career—and gave me the freedom to work on my own terms. Are you prepared for life after the steady paycheck? #FinancialPlanning #CareerTransition #IncomeSecurity

As we've seen an increasing interest from younger business folks to own small businesses (acquire.com, Codie A. Sanchez, etc) and buy them from older, retiring entrepreneurs, it's made me develop a line of thought: What if community banks could tap into this desire and interest to recruit the next generation of business bankers? Stay with me. Community banks need to appeal to and attract the next generation of bankers, and the role of a commercial banker will definitely continue to evolve and become more value-add and advisory (in my opinion). People who are good at those skills could also become business owners and operators. And they could meet and evaluate a large number of potential opportunities as a banker! Just like I've seen younger VCs or consultants leverage the role to learn and evaluate what opportunity most excites and engages them, a customer-facing commercial banking role could be a great platform to do something similar. Here's what I would suggest: Banks - Promote this role and opportunity to some of the best business schools in your area. Develop a program to attract and train them as well. Talent - Find an area where you'd love to live and operate a business, and join a local bank and become a great community banker there. You might love it. And you may also find some local businesses that you would love to own and operate. You could acquire one and also be much more plugged into the area and bank, which would be beneficial as well. Thoughts?

🌟 In 2003, I graduated and started on minimum wage. 🌟 In 2021, I was managing assets worth £47m. 🌟 In 2024, I reinvented myself. 🚀 It’s been quite the journey. Here’s how: 2003 🎓 Graduated from university, didn't fully apply myself. 📞 Worked at a call center, struggled with bills and rent. 2006 🔍 Decided to pursue a career in financial services. 💼 Started my first role at HSBC, still financially tight. 2011 📈 Promoted to the top sales position at HSBC. 🏙️ Moved to London. 2013 💡 Chose to pursue a solopreneur career in financial services. 🌱 Started with no clients, but I was in charge of my own future. 2015 🏢 Founded my own limited company, starting from scratch again. 🔄 Faced initial hardships, no clients and no income. 2017 👥 Started to build a solid client base. 💷 Managed £15m in client funds. 2021 🎯 Shifted focus primarily on servicing existing clients. 🔒 Grew assets to £47m. 2024 🌐 Craved a new challenge, founded a commercial finance brokerage. 🤝 Applied 20 years of my own experience to help other business owners. My point: 🌟 Persistence and adaptability have been key to my journey. From: 💸 Struggling to pay bills To: 💰 Managing significant assets And: 👥 Advising others Every step taught me valuable lessons about growth, resilience, and leadership.

This will trigger a few people but im hardly a shrinking violet.... A lot of people who are selling business coaching Have either failed with their business (some even failed after winning the apprentice and having a billionaire mentor and business partner ) Or never actually owned a business.... Its so easy to tell people do this and that when you have never had to worry about payroll tomorrow Or never had to stay up late on a Friday night while your family go out without you so you can do the invoicing I remember the day I had to choose between paying my staff or paying my mortgage (Sorry Barclays!) Only take advice from people who have walked the same path you are on They will have seen the problems you will face before And be able to teach you the lessons without you needing to receive the scars ---------- We fix companies that are struggling and supercharge profit for companies who are looking to exit for 7+ figures within the next 3-5 years - Apply @ Monopoli Capital . com

Community banks and credit unions say they’re challenged to find the right staff for the right roles, as staff turnover exceeds 20% in the industry. What are banks doing to attract the next generation of professionals and keep them enthusiastic and engaged?

Your choice of business bank account can have a significant effect on your business, and there’s a lot of variation in the cost and the services offered. This is one of the first decisions you’ll make when setting up your company, and you can expect to be using the same account years later. Ultimately, the choice of business bank account is down to you as the director of your company, but we’re often asked for recommendations, and in this article, we’ll look at why we chose to partner with Mettle by NatWest. If you have questions or if we can help in any way please call our expert team on 01296 468185 or email support@companionaccountancy.co.uk. 🔗 https://lnkd.in/e_BFiddn #SmallBusinessSupport #AccountingServices #TaxServices #ExpertAdvice #Aylesbury

Bankers don’t be disheartened if you are fed up completing credit applications and ‘Know your Customer’ exercises. Your transferable skills mean that you have so much more to offer! One of the best things about setting up your own business is that sometimes get the opportunity to do things that you wouldn’t have dreamed of doing when you were working for a bank. When I was working in banking, head-hunters would phone up on a regular basis to see if I was interested in  applying for the same job as I was doing at the time. When I said I was interested in looking at alternatives, the response was usually along the same lines of ‘sorry can’t help you, see you later loser!’.  It used to always disappoint me as I thought that I was far more capable and intelligent than just doing the same old job for 30 years. Surely, I have so much more to offer than that! And it turns out I was right. Since I have left, in addition to my banking consultancy business, I have done so many other interesting things. In no particular order, I have set up 2 charities, secured a gambling license, helped launch a new product, provided services on compliance, set up a training business and provided high level executive support on strategy to a number of businesses.  It turns out all you need is some self belief, and the chance to work with some great people who believe in you.

Based on a survey of 6K, are you looking for "quality of life" employment in banking and i-banking? Here are the jobs and typical hours one would work in them. https://lnkd.in/eREy_u7x?

I just recently returned back from two days of training with some new Business Bankers that recently joined US Bank. We spend a lot of time teaching our bankers on all aspects of how to help a business owner succeed. It is a foundation that is necessary to be able to truly advise our clients and enable a banker to be efficient and effective in a busy day. One trap that I often see in many people is they confuse the process of obtaining knowledge and even thinking about what they should do as actually taking action. They “mentally” feel busy and the world around them does not benefit from that thinking when it is not accompanied by action. Make sure each time you think about a way to help a client or learn a new skill you give it equal time of actually taking action.  Conclusion: Don’t be fooled in thinking obtaining knowledge or thinking about actions you should take are productive activity that impacts others and achieves your goals. Always challenge yourself every time you learn something new, to translate that into productive action! #takeaction #usbank #businessbanking

Importance of credit Score. ***********************""********* 👉Financial Trust: 🤝 A good credit score builds trust with lenders, showing them you're reliable with money. 👉Lower Interest Rates: 💲 Higher scores mean lower interest rates on loans and credit cards, saving you money in the long run. 👉Access to Loans: 🏦 Banks are more likely to approve loans, like personal or home loans, for individuals with good credit scores. 👉Credit Card Approval: 💳 Want a credit card? A good credit score increases your chances of approval and access to better card options. 👉Employment Opportunities: 💼 Some employers (in financial) check credit scores for certain positions, reflecting responsibility and trustworthiness. for any support related to credit score correction call 9344283447. #SaibalaAssociate #creditrepair #creditscore #creditrepairservices