Revolutionizing Small Business Lending with Data & Technology - George Souri / Founder of LQD Business Finance

George Souri is the Founder and CEO of LQD Business Finance, a startup providing quick, convenient, and affordable financing to small and medium-sized businesses that are traditionally underbanked. LQD is leveraging data to offer business loans in the $250,000 to $3 million range to help businesses scale faster.  George is a serial entrepreneur, self-taught mathematician, and musician. He got his entrepreneurial start with a string of dance clubs at 18 years old before founding his own investment bank. In This Episode You Will Learn: What is alternative business lending Why you should try to disprove your idea How George got his start in entrepreneurship The importance of viewing failure as opportunity The power of small efficient actions Why banks turn down good companies How LQD made its first loans The differences between consumer and business lending The value of doing an autopsy on a business The biggest red flags LQD sees when examining a business Why you should be trying to find people that make you feel dumb Selected Links From The Episode: Richard Feynman, theoretical physicist Principles by Ray Dalio Nash equilibrium Al Goldstein, Founder and CEO of Avant Books Mentioned: A New Kind of Science by Stephen Wolfram  The Economics of Life: From Baseball to Affirmative Action to Immigration, How Real-World Issues Affect Our Everyday Life by Gary Becker Thinking, Fast and Slow by Daniel Kahneman Antifragile: Things That Gain from Disorder by Nassim Nicholas Taleb