Financials: Business, Culture, & Startups Oh My!
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 12 August 2019
⏱️ 31 minutes
🧾️ Download transcript
Summary
On this week’s episode of Industry Focus: Financials host Jason Moser sits down with Kevin Bennett, CEO of MotoRefi, a company focused on helping consumers save through refinancing their vehicle. Then listen in as Jason wraps up with a few thoughts on how investors can handle crazy news cycles.
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Transcript
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| 0:00.0 | Thanks to LinkedIn for supporting this episode of Industry Focus. |
| 0:03.0 | LinkedIn Jobs uses knowledge of both hard and soft skills to match you with the people who fit your role the best. |
| 0:10.0 | Post a job today at LinkedIn.com slash fool and get $50 off your first job post. |
| 0:16.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market each day. |
| 0:23.0 | It's Monday, August 12th. I'm your host, Jason Moser on today's show. |
| 0:26.0 | We're going to talk a little bit more about the recent market turmoil as it pertains to geopolitical risk and how investors may want to think about that kind of stuff, |
| 0:35.3 | but we begin this week with another installment in between two fools. |
| 0:39.5 | To call Kevin Bennett an entrepreneur would be putting it lightly. he's been a part of the success of startups including Homes in and Opower, among others, |
| 0:48.0 | today Kevin is the CEO of Moto Refi, a company focused on helping consumers save money by refinancing their car loans. |
| 0:56.3 | I recently had the good fortune to chat with Kevin about Motore's market opportunity, |
| 1:01.0 | the importance of culture in today's workforce, and more about his extensive |
| 1:05.0 | experience in the startup world. |
| 1:07.0 | To learn more about Motorefi, check him out at motorefi.com or check them out on Twitter at go moto refi that's at g o motto motto r e f Okay, Kevin, tell us a little bit about Moto Re-Fi. |
| 1:26.0 | I think most people probably don't realize they can refinance their car. |
| 1:32.0 | You and I were talking about that industry data, a lot of |
| 1:35.8 | people out there with some delinquent car loans right now. Motor refi is, I think, a really interesting business from a number of angles but tell our |
| 1:45.1 | listeners what you do and the problems you're trying to solve. |
| 1:48.7 | First, great to be on the podcast, you know, we're a big fan of Motley Fool in the work you do to help consumers with their finances, and our goal of Motor Refi is similar. You know, our mission is to help people improve their relationship with their cars. As we know, most people have cars and need to get to and from |
| 2:06.1 | work, socialize, get to countless other kind of events, and it's an integral part of |
| 2:10.4 | their lives. Unfortunately, most people don't have the best financial |
| 2:14.3 | relationship with their car. You know, and you alluded to this around refinancing. |
| 2:18.9 | So for example, most people are actually paying more for their car loans than they should be and only |
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