Show notes
DescriptionScott Gillaspie talks about how his life experience has led him to launch his startup Incentive FinancialHighlights(over-rationalize every possible outcome. You can’t know every possible outcome so you’re better offtaking a leap of faith at some point.(client in corporate banking.(to potential investors with his new startup. One of his investors said “I don't really care what your ideais.... I'm investing in you, not your company”.(to be great”, then they are lying to you.(here, pay here car dealerships are not reporting positive payment history (they are not legally obligatedto report positive pay history), which prevents many from improving their credit scores and escaping thehigh costs of having bad credit.(SummaryScott Gillaspie is a young man on a mission. With a double major in finance and economics and afterworking in the corporate banking world, Scott is completely focused on building his startup IncentiveFinancial to address what he calls a mispricing of risk with some subprime borrowers starting in thesubprime auto industry. He wants to build a business where everybody wins (his company, theborrowers, the dealers selling the vehicles) after growing increasingly frustrated with doing things thatdidn’t always align with the best interests of his customers in the corporate world. He wants todemystify the complexity of the financial system (which is designed that way on purpose) and doeverything he can to improve the lives of his customers for the long-term.Links- Scott’s biohttps://www.linkedin.com/in/scott-gillaspie- John Oliver – the horrors of subprime auto lendinghttps://www.youtube.com/watch?v=4U2eDJnwz_sBooks- 12 Rules for Lifehttps://www.amazon.com/12-Rules-Life-Antidote-Chaos/dp/B0797Y87JC- The Richest Man in Babylonhttps://www.amazon.com/Richest-Man-Babylon-Original-1926

