27 episodes

Providing easy to understand concise information on the most impactful challenges facing the debt collection ecosystem. By giving a voice to the important role it plays in our economy, and the impact it has in people’s lives, we’re reframing the narrative around debt collection with real stories of people, dealing with complex financial problems and the power authentic emotional connection plays in the process. In each episode, we delve deep into all things debt collection with some of the brightest and most forward-thinking, paradigm-busting minds in the business. Intimate, deep, and often intense, these are not interviews. They are conversations. Connections from various perspectives designed to provoke, educate, inspire and empower you to discover, uncover, unlock and unleash new possibilities.

Fair Debt Kindred Force Media

    • Business
    • 4.7 • 17 Ratings

Providing easy to understand concise information on the most impactful challenges facing the debt collection ecosystem. By giving a voice to the important role it plays in our economy, and the impact it has in people’s lives, we’re reframing the narrative around debt collection with real stories of people, dealing with complex financial problems and the power authentic emotional connection plays in the process. In each episode, we delve deep into all things debt collection with some of the brightest and most forward-thinking, paradigm-busting minds in the business. Intimate, deep, and often intense, these are not interviews. They are conversations. Connections from various perspectives designed to provoke, educate, inspire and empower you to discover, uncover, unlock and unleash new possibilities.

    Episode 27 Leading with the heart

    Episode 27 Leading with the heart

    What you'll learn about in this episode:
    What does coffee and accounts receivable management have in common?  Much more than meets the eye.  Both are generally locally connected.   Both can be easily commotized,and  both at their core have to do with human interaction.  In this episode we’re talking about these topics, and how a local coffee shop has built a brand and a business by leading with the heart and putting people before profit.  Grab a cup of coffee and settle in for some interesting perspective on Brand building…

    Guests
    Beth Furton, Amanda Turner, Ashlee Hyden


    Key Takeaways
    How first impressions and active listening lighten someone’s day with a simple connection
    How a deep understanding of who you are as a brand can decommotize your business
    How to hire and build a team that lives your mission
    How to build a loyal “Community” of promoters

    The important role networking and "showing up" plays in growth and success

    https://dailyrisecoffee.com/
    https://www.weber.edu/downtown
    https://www.linkedin.com/in/ashlee-hyden-06624a8/

    • 56 min
    Episode 26 Stop thinking about accounts and start thinking about customers

    Episode 26 Stop thinking about accounts and start thinking about customers

    What you'll learn about in this episode:
    According to many experts a majority of financial service organizations are now focused on growth and innovation data initiatives, compared with a few years ago when organizations focused more on defensive initiatives including regulatory, compliance goals. In this episode we will discuss the key foundational components of becoming a data first culture, and the lessons the software development lifecycle can teach you about the culture, cohesion and psychological safety needed to ignite innovation.
    Key Takeaways
    Keys to creating a "Data-First" Culture
    The benefits of aligning company vision and technology strategy

    The role team diversity plays in innovation
    What the software development lifecycle can teach us about improving culture, recruiting and retaining talent
    Areas AI and ML are making an impact in ARM companies
    Finding cross domain sweet spots and patterns

    Guest: Kristyn Lefler  Sr. Director of Digital Strategies for Resurgent Capital Services
    Kristyn Leffler is responsible for driving revenue performance through digital channels while also elevating the overall user experience for Resurgent’s customers. Her teams are responsible for all digital campaign operations from strategic and algorithmic customer segmentation to content design and delivery and finally execution and oversight. Previous responsibilities since joining Resurgent in 2012 include managing a team of portfolio and strategy analysts, overseeing the inventory integration of large 3rd party acquisitions, and defining non-performing judgment strategies. She holds an MS in Applied Economics and Experimental Statistics from Clemson University and a BS in Business Administration from Duquesne University.
    When she’s not working, parenting, or hosting a weekly pizza night for friends and neighbors, Kristyn enjoys reading (almost anything) and listening to podcasts on long morning walks.
    Resources:
    Website: https://www.resurgent.com/
       LinkedIn Personal:https://www.linkedin.com/in/kristynbradyleffler/
    Email: kristyn.leffler@gmail.com
        Company LinkedIn:  https://www.linkedin.com/company/resurgent-capital-services/
    HBR Why becoming a data driven organization is so hard
    The 4 most common mistakes plaguing data science and AI for Debt Collection
    Interactions ARM trends survey
    Three lessons from the software development lifecycle to improve recruitment and retention
    Matt Mullenweg Podcast The Future of Work

    • 57 min
    Episode 25 Maximizing the ACA Convention and Expo Experience

    Episode 25 Maximizing the ACA Convention and Expo Experience

    What you'll learn about in this episode:
    Tradeshows and conventions, an important networking, educational and marketing element in any industry were impacted by the pandemic.  As things open up, and attendance improves to pre-pandemic levels, attendees find themselves in a position to be more intentional about why they attend, and more strategic in their approach.  
    As the ACA convention is a week away we'll pick the brains of some of this year's attendees, road warriors, and veterans of the trade show game to ask them for tips and tricks, and how they make the most of the trade show experience. 
    Key Takeaways
    Things you don't want to miss this year 
    The benefits of attending this event

    Tips or tricks help maximize your experience

    Guests: 
    Reid Miller DAKCS Software

    Website: https://www.dakcs.com/
    Email: Kmiller@dakcs.com
    LinkedIn: Company https://www.linkedin.com/company/dakcs-software-systems-inc./
    LinkedIn: Personal https://www.linkedin.com/in/reid-miller-25a52061/
    Harry Strausser III Applied Innovation

    Website: https://www.appliedinnovationinc.com/
    Email: hstrausser@appliedinnovationinc.com
    LinkedIn: Company https://www.linkedin.com/company/applied-innovation-inc-/
    LinkedIn: Personal https://www.linkedin.com/in/harry-strausser-iii-7413106/
    Tim Collins InDebted
    Website: https://www.indebted.co/en-US
    Email:tmc26d@gmail.com
    LinkedIn: Company https://www.linkedin.com/company/indebted/
    LinkedIn: Personal https://www.linkedin.com/in/collins12/
    Ashley Campanella Arbeit Software
    Website: https://www.arbeitsoftware.com/
    Email: ashley@arbeitsoftware.com
    LinkedIn: Company https://www.linkedin.com/company/arbeit-software/
    LinkedIn: Personal https://www.linkedin.com/in/ashley-campanella-240a53132/
    Additional Resources:
    ACA Convention & Expo Info

    • 1 hr 7 min
    Episode 24 The Boxer, The Misogi and the case for the recharge

    Episode 24 The Boxer, The Misogi and the case for the recharge

    Downtime replenishes the brain's stores of attention and motivation, encourages productivity and creativity, and is essential to both achieve our highest levels of performance and simply form stable memories in everyday life.  Yet, as leaders we often have the misperception of taking time away from work as negative.  In this episode we're going to explore the benefits of taking a periodic pause to recharge ,
     
    What you'll learn about in this episode
    How to plan one, and ideas to maximize effectiveness
    The benefits of a retreat and the importance of priority and structuring time around the goal of resetting your mindset.

    The importance of a culture of trust  both in the organization and in the recipe for a recharge retreat


    The benefits of  health, mental health and mindset.

    Guest: Don Worthington PRMI
    The mission for our team is ..... create such an amazing experience for our customers they'd interrupt a stranger to recommend us. I believe the customer experience is they key to a lasting business model.
    I find fulfilment in creating wealth for those that work with me, as we solve problems created by an archaic and confused Real Estate and Mortgage world. As a result I work with some amazing people who I love dearly.
    I'm a wiz at all things Solar / Renewable energy, Real Estate, and Mortgage. Where those circles intersect is where I thrive.
    My mission is to change the way people buy homes. There's a smarter way to do it than most realize. We can reduce the cost of homeownership, turn any home into a smart efficient home, and add cleaner renewable energy.
    I'm a Business Made Simple Certified Coach.
    I love what I do.
    More important than work, I'm a husband to my beautiful wife and a dad to our 4 daughters. We have a lot of fun and always enjoy an adventure together. When it is time to relax you'll find my family and I outside, enjoying, Fly Fishing, Mountain Biking, Skiing, and golf.
    Resources:
    Website: https://www.prmihome.com
    LinkedIn Personal:https://www.linkedin.com/in/don-worthington-12992a5/
    Email: dworthington@primeres.com
    Company LinkedIn:  https://www.linkedin.com/company/primary-residential-mortgage/


    Additional Resources

    Big Rocks Stephen Covey

    • 47 min
    Episode 23 The good, the bad, and the ugly of remote hybrid work

    Episode 23 The good, the bad, and the ugly of remote hybrid work

    Hybrid and remote work options offer employees greater flexibility, open up opportunities for companies to hire from a larger talent pool and reduce office space costs.  But these options don’t come without challenges.  In this episode we’re going to talk about the good, the bad and the ugly of Remote and hybrid work options and explore why more companies in the ARM space have been slow to adapt to this growing trend . 
     
    What you'll learn about in this episode
    The benefits of remote and or hybrid models

    How are creditors handling remote/hybrid
    The challenges specific to ARM companies and ideas to solve them
    We'll review results of a recent ARM poll and look at trends, adoption rate etc.

    We explore health, mental health and mindset.

    Guests:  Ashley Campanella of Arbeit software and Jeremy Ruth of Arvest Bank.  


    Resources

    https://www.arbeitsoftware.com/what-your-employees-want-you-to-know-about-remote-work/
    https://www.arbeitsoftware.com/improve-communication-collaboration-remote-team/

    Games / Apps to use:
    - An example of Arbeit's Wellness Challenge they do every month is included on the episode show notes page kindredforce.com


    - For Slack users, the Donut App allows employees to have quick 15/30 minute meetings once a month to just get to know each other more: https://www.donut.com/ (free with available upgrade)
    - Assembly: https://www.joinassembly.com/ is used for rewarding employees, they can be given points and they can save them for whatever rewards the Owner / Managers create. (Free up to 10 users, anything above may be $2-$4 a month)
    - Games: Scribbl (https://skribbl.io/), Scattergories (https://stopots.com/en/), Arbeit also put together their own trivia for game days (examples: 'Whose pet is this?,' 'Whose handwriting is this?,' 'Random facts') and the employees will send whoever is running these a picture if need be to be guessed by everyone else. Whoever wins 1st, 2nd, 3rd place gets assembly points! (all free to play!)


    Additional Resources
    Adam Grant Tweet
    Stats on Remote Workers

    • 55 min
    Episode 22 Who is at your decision making table impacts your insight

    Episode 22 Who is at your decision making table impacts your insight

    What you'll learn about in this episode:
    Research indicates that the majority of employees in accounts receivable are female and more likely to be people of color than their peers in other industries. Likewise, many of the consumers contacted by accounts receivable representatives are women and minorities. Additionally, recruitment is a huge issue in the ARM space (indeed, in all industries) today, and yet a large talent pool is underutilized. Having diverse voices at the table brings better insight into both employees and consumers.  With an audience in the thousands, our guest Stephanie Eidelman Meisel's mission is to use her platform to get more women - especially women of color - to these decision-making tables.
    Takeaways include
    How a focus on diversity and inclusion broadens insight and improves business results
    Identifying and building core values
    The role perspective plays in changing our legacy mindset 
    Guest:  Stephanie Eidelman (Meisel)
     
    Stephanie is owner and CEO of The iA Institute, a certified woman-owned media business in the consumer finance space. Their latest initiative is called Women in Consumer Finance, a one-of-a-kind conference and community that helps women lead inspired careers, creating value for themselves and for their employers. They place a particular focus on what's needed to get more women - particularly women of color - to the decision-making tables where products are designed and policy is set. They build confidence, they ensure everyone leaves with meaningful new connections, and they provide inspiring career examples to which all can relate. 
     
    Resources:
    Websites:theiainstitute.comWomen in Consumer Finance    Company LinkedIn:  
    https://www.linkedin.com/company/women-in-consumer-finance/
       LinkedIn Personal: linkedin.com/in/stephanieeidelman 
    Twitter: seidelman
    Additional Resources:
    Collector Job stats: https://www.zippia.com/debt-collector-jobs/demographics/
    Lift
    Netflix Maid
    For the Good
    Vital Voices

    • 47 min

Customer Reviews

4.7 out of 5
17 Ratings

17 Ratings

LoriLane007 ,

Informative and Entertaining

A fun and engaging podcast! The host, Lex Patterson, is warm and affable while he masterfully pulls knowledge, wisdom, and fun stories from amazing guests on the show!

kevinwink4real ,

Excellent Show

A great podcast to know the ins and outs of the collection industry. Very informative and a joy to listen to!

Jp4three ,

Changing the Game!

Lex does an amazing job with his podcast and is truly changing the game for collection agencies across America. The information gained from the podcast is incredibly valuable and I recommend it to any agency wanting to improve their results!

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