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If you ever want to start a bank, you have two options: 1. Build one from scratch 2. Buy an existing charter For both options, you will need a robust business
by jonhershman 3y ago
If you ever want to start a bank, you have two options:
1. Build one from scratch
2. Buy an existing charter
For both options, you will need a robust business plan, an all-star team, a ton of capital, and most importantly - a ton of patience. I write more about how to do it here:
https://easilyamused.beehiiv.com/p/want-start-bank https://easilyamused.beehiiv.com/p/want-start-bank
- downrightmike 3y agoOr you can just engage a bank and use their services like PayPal and Venmo do
- jonhershman 3y agodepends on what you want to do. If the goal is to lend money to small businesses, banking will allow you to do this at the most competitive rates.