Realistic CEO Podcast
In this episode of the Realistic CEO podcast, Mike interviews Raymond , who leads Common Capital, a US Treasury-certified Community Development Financial Institution (CDFI) in Western Massachusetts that provides loans to small businesses that can’t get full financing from banks and pairs capital with free technical assistance, training, and education. Raymond shares his path from dropping out of college and starting in bank management training to commercial lending, then shifting to nonprofit community development finance after feeling big-bank work was too mechanical and profit-driven. He explains what CDFIs are, Common Capital’s origin story, how lending decisions focus on repayment ability, willingness, and a plan B, and why Common Capital prioritizes character, commitment ,and coachability over credit scores. Mike reads from his children’s book “I Am a CEO,” and Raymond discusses the “five types of work” and gives startup advice to write and share a simple plan, especially with skeptics. 00:00 Dream to Be CEO 00:27 Meet Common Capital 00:35 What Common Capital Does 01:41 From Banking to CDFIs 05:58 What Is a CDFI 07:26 Common Capital Origin Story 09:07 Why Leave Big Banking 11:09 Learning Business on the Job 12:14 How Lending Decisions Work 14:31 Beyond Capital Support 15:45 Becoming the CEO 16:52 Choosing the Right Borrowers 18:44 Character and Credit Bias 19:29 Credit Scores vs Character 20:28 Foreclosure Story Deep Dive 22:03 Reading Realistic CEO 25:37 Lemonade Stand Lesson 26:49 Five Types of Work 27:00 Working Hard Focus 28:08 Working Right Balance 29:43 Working Smart Strengths 30:33 Networking Relationships 31:25 Teamwork In Person 32:36 LBW Career Reflections 34:30 Startup Advice Simple Plan 36:21 Fun Fact Sleepy Voice 37:25 Thanks and Support Plug
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