Forward certainly isn’t perfect, and like any company, there is some downside.
- New leadership – There’s always a learning curve when new leadership comes onboard, and we’re experiencing that. There are different expectations, different ways of operating, different ways to communicate, and I think people are still getting used to that. Change is hard, but ultimately I believe this change is for the better.
- Taking full advantage of expertise – We have a growing number of non-exec level leaders at the company – Senior Managers, Directors, VPs. It feels like there’s more we could do as a company to tap into this group’s experience and varied skillsets. These folks could collaborate more cross-functionally and learn from each other.
- New-ish industry/product – The product we offer is fairly new and most definitely not as widely understood as more traditional financing products, like a small business loan from a bank. This makes it ripe for scrutiny on the legislative and regulatory front. Not exactly a “con” per se, but a reality we need to operate within.
- Macroeconomic impact – Because we offer a financial product, our business is susceptible to macroeconomic factors. Although I will say, the leadership team seems to keep an incredibly close eye on the business and the economy to ensure we’re making smart decisions about how to run the company.