Why Resilience is every Treasurer’s Superpower with Gregg Koser

I think you can find out a lot by asking people about failures. Really. What. When does something not go right? What was the, you know, the biggest mistake that might have been made or biggest obstacle one had to overcome? Because I think a lot of people have said it before, but one can learn more from failure than success, really. And, you know, I think having a couple scars here or there is not a bad thing. I think the changes that some of the open banking regulation are bringing in will be quite interesting because it allows a lot of other players into the markets that traditionally have been held closely by the high street banks. So, for instance, some of the big money transfer businesses now they're offering bank accounts, which is an interesting concept to think about it. Because why wouldn't they? Because they're good at transferring money and that's kind of what you have a bank account for. So you can move your money around. Yeah. So I think there'll be a lot more competition out there from a lot of different. A lot of different sources, really, we've had in the past.

What advice would you give to someone if someone wants a. A career as successful as yours? What, you know, someone walks in. Yeah, that might be quite nice, actually. What would you tell them to do?

Not be afraid of taking risks, for instance. So I think have a look at some of the things I've done. I mentioned this briefly earlier, but I've worked in a number of different industries, small and large companies. I think that's all led to just widening my knowledge base. I also think that another thing we touched on earlier was resilience. Things aren't going to work according to plan all the time. So it's also just a matter of figuring out what you do when things do go wrong. They will at some point. But also I think there's that intellectual curiosity too. I don't ever want to feel like I'm. Like I'm done, like I'm finished. I'm still looking for. I don't know exactly what the next challenge is, but I'm sure there will be one, whether it's here or somewhere else. You know, I don't know. There's so much for me to do here. I can't really kind of get past the vanquished stuff at the moment.

Yeah.

But I think just be curious. And also I think communication skills are important. Not just email, as I said earlier, but I tend to. I'll get up and go talk to somebody face to face. I think that's the most effective way to get things done. You can't always do that larger corporations course, but it's relying on communication skills other than just email I think is quite important.