In this episode, we sit down with Frank Aceto, a seasoned banking professional and community advocate, to explore his inspiring journey from working in a family pizzeria to becoming a small business lending expert. Frank shares his wealth of experience in the banking industry and provides practical advice for small business owners navigating today’s challenges. Whether you're a budding entrepreneur or a seasoned business owner, Frank’s insights are invaluable.

Tune in to hear about:

• Frank’s unexpected path from pizza-making to banking and how he climbed the ranks to his current role at Adirondack Bank.
• The importance of building a strong external team—including bankers, accountants, and attorneys—for small business success.
• How small business lending has evolved and the unique challenges faced by entrepreneurs, from staffing issues to cash flow management.
• Frank’s passion for community involvement, including his work with local organizations like CNY Quest and their upcoming Snowball fundraiser.
• His thoughts on the future of banking, the shift toward cashless systems, and why local banks remain a vital part of communities.

Don’t miss this conversation packed with insights, humor, and practical tips for building a successful business and staying connected to your community!

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Show Markers:
(0:00) - Scott's Intro
(0:50) - Show Start
(1:30) - Starting in Banking
(4:55) - Move to Small Business Lending
(6:00) - Lessons Learned From Small Businesses
(7:45) - Being Local
(9:45) - Merchant Services
(13:20) - Cash Discounts
(17:15) - Working as a Team
(18:05) - Changes in Banking Features & Technology
(20:30) - Common Small Business Mistakes
(24:15) - Working with CNY Quest
(27:10) - Upcoming Event 1/31
(28:00) - Why CNY?
(30:45) - Connecting with Frank
(31:20) - Rapid Fire Questions

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