- This file was automatically generated by VIMEO 0 00:00:00.060 --> 00:00:02.520 All right, welcome back and thank you guys for joining us. 1 00:00:02.520 --> 00:00:03.480 Obviously throughout the morning, 2 00:00:03.530 --> 00:00:07.080 we've been talking to different people about what Broker Fair has been like, 3 00:00:07.140 --> 00:00:11.520 so a familiar face, uh, for our family. So go ahead, introduce yourself to, uh, 4 00:00:11.520 --> 00:00:14.200 to those that don't know us, who are you and who are Year 5 00:00:14.200 --> 00:00:16.920 With Johnny? Thank you very much. My name is Adam Zackey, 6 00:00:17.100 --> 00:00:20.920 former reporter here at the bank, and now a reporter@cfo.com. 7 00:00:21.340 --> 00:00:24.320 And I'm here because of the great relationship that I have with De Bank still, 8 00:00:24.540 --> 00:00:26.720 and the opportunity that De Bank gave me as a reporter. 9 00:00:27.080 --> 00:00:30.040 I know that a lot of people who watch De Bank and Read De Bank go in there for 10 00:00:30.040 --> 00:00:32.400 the news, but from the other side of it, as a reporter, 11 00:00:32.560 --> 00:00:36.360 I learned so much about writing and finance with my time at De banked that I had 12 00:00:36.360 --> 00:00:38.800 to come back here and serve my readers with some content from this. 13 00:00:38.900 --> 00:00:41.320 So I'm here to talk about negotiations. 14 00:00:41.680 --> 00:00:45.560 I find that CFOs are very poor negotiators in terms of negotiating employee 15 00:00:45.560 --> 00:00:49.560 compensation. And when they're buying software, counting software, FinTech, 16 00:00:49.560 --> 00:00:50.960 all that good stuff, um, 17 00:00:50.960 --> 00:00:52.560 they don't know how to get the best price for themselves, 18 00:00:52.860 --> 00:00:56.560 and brokers and funders do they negotiate all day long. 19 00:00:57.100 --> 00:00:58.960 So I'm hoping to take some of those thoughts from them, 20 00:00:59.270 --> 00:01:02.200 feed it to my C f O audience and see what comes out of it. I 21 00:01:02.200 --> 00:01:05.120 Love it. So what, what have you taken away so far from, you know, 22 00:01:05.120 --> 00:01:08.400 you just getting here, see, being here all morning, what's been, uh, 23 00:01:08.400 --> 00:01:09.240 the atmosphere like? 24 00:01:09.350 --> 00:01:11.760 Well, you know, I'll tell you, nothing has changed. Um, 25 00:01:11.780 --> 00:01:15.880 the industry is still just as bumping as it was when I was here. Um, 26 00:01:15.900 --> 00:01:18.760 coming into today, I thought that it might have been downscaled a little bit. 27 00:01:18.800 --> 00:01:22.040 I expected this to be a little more low key than previous to banked events, 28 00:01:22.040 --> 00:01:24.600 only because of the way the economy is. I know that, you know, 29 00:01:24.710 --> 00:01:26.240 just in terms of access to capital, 30 00:01:26.270 --> 00:01:29.360 it's so much harder than it was a year ago when I was writing for de banked, 31 00:01:29.360 --> 00:01:31.600 right? So I thought there'd be less funders, less lenders here, 32 00:01:31.600 --> 00:01:35.560 and I was totally wrong. Um, this event is just as lively as it ever was, 33 00:01:35.900 --> 00:01:37.400 and I'm happy to be here. I think that, you know, 34 00:01:37.430 --> 00:01:39.760 Sean and you guys at the bank are doing a great job with this. 35 00:01:39.940 --> 00:01:42.400 So let me ask you this. Listen, obviously there's a, 36 00:01:42.400 --> 00:01:45.120 there's a lot of knowledge to be learned about this industry. 37 00:01:45.120 --> 00:01:47.400 Things are transforming, things are changing quickly. 38 00:01:47.740 --> 00:01:49.440 For someone that's ever been to an event, you know, 39 00:01:49.440 --> 00:01:51.440 you've been on our end and now you're on the other end. 40 00:01:51.510 --> 00:01:54.840 What would you say to people that are watching this about, uh, 41 00:01:54.910 --> 00:01:56.920 just coming to an event like this? 42 00:01:57.580 --> 00:02:01.680 You know, especially in this industry between brokers and funders, 43 00:02:01.680 --> 00:02:06.240 that relationship, you know, forget about Zoom and Slack and texts and emails. 44 00:02:06.240 --> 00:02:09.480 As a reporter, I get inundated with emails from PR reps all day long. 45 00:02:09.800 --> 00:02:11.440 I don't want to talk to people on chat. 46 00:02:11.520 --> 00:02:14.040 I don't want to talk to people on video chat. I don't want to do Slack. 47 00:02:14.120 --> 00:02:16.880 I don't wanna do any of that. I wanna talk to people in person as a reporter, 48 00:02:17.140 --> 00:02:18.440 the best way to do interviews. Right. 49 00:02:18.620 --> 00:02:22.040 And I think that translates into the broker funder relationship where, you know, 50 00:02:22.060 --> 00:02:24.840 forget about the Zooms or the texts or the calls, whatever it is, 51 00:02:24.840 --> 00:02:28.080 this is an opportunity to go shake a hand and make a business deal in person the 52 00:02:28.080 --> 00:02:30.840 old-fashioned way. This industry's very old fashioned, 53 00:02:31.220 --> 00:02:34.560 and I think that it's best done in person. And so an event like this, 54 00:02:34.820 --> 00:02:37.000 if you're looking to be a broker, if you're looking to get into it, 55 00:02:37.000 --> 00:02:38.240 or if you're looking to improve as a broker, 56 00:02:38.620 --> 00:02:42.000 you gotta be here because this is the only place where you're gonna make a 57 00:02:42.000 --> 00:02:44.800 relationship with two dozen funders. You know, 58 00:02:44.800 --> 00:02:47.480 instead of just cold calling on LinkedIn or emailing, whatever it is, 59 00:02:47.480 --> 00:02:51.280 you can go shake the CEO with the company's hand here. It's a no-brainer. 60 00:02:51.310 --> 00:02:51.800 Awesome. 61 00:02:51.800 --> 00:02:54.240 Adam, thank you so much for joining us, brother. Appreciate it. Pleasure. 62 00:02:54.240 --> 00:02:56.920 Happy birthday, Johnny. Thank you, brother. Appreciate it. I'll let you go. 63 00:02:56.920 --> 00:02:57.360 Enjoy the day.