Meet The Disruptors: Bill Bloom Of Diane Money On The Five Things You Need to Shake Up Your Industry
An Interview with Fotis Georgiadis
You are probably only really good and passionate about 2–3 things in your life. I know that’s true for me. When you focus on them, and find “Who’s” to help you with the items that you’re not great at, it can be a massive boost of confidence to your project.
As a part of our series about business leaders who are shaking things up in their industry, I had the pleasure of interviewing Bill Bloom.
Bill is a husband, father, sailor, classic car driver, entrepreneur and podcaster. Bill has spent over 13 years in the financial services space and has created a new Fintech app, Diane Money, to help figure out people’s money issues for them. Bill is very passionate about finding better outcomes for one’s financial life.
Thank you so much for doing this with us! Before we dig in, our readers would like to get to know you a bit more. Can you tell us a bit about your “backstory”? What led you to this particular career path?
When I was a child, my parents always struggled with money. So, naturally, taking a pain and making it a benefit has been a big part of my story and life. I still remember my parents arguing whether or not they can pay their mortgage payments. I never wanted that for my family. Now that my wife and I have two kiddos, I never wanted money to be an issue for us. That is why my life’s work is all about helping others create better outcomes with for their money.
Can you tell our readers what it is about the work you’re doing that’s disruptive?
Fintech. It is becoming, if not already, one of the hottest areas of discussion over the past five years. I think something is missing in this space. Marrying AI with functionality to help someone solve their financial goals is priceless. Having access to push a button on your phone to do the work for you is going to be disruptive.
Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?
When I first started, I had no idea how much of an investment it would take on my part to get it started. I know next to nothing about technology, so finding the right people to build the app was a fun experience. I initially thought that I was going to utilize one guy’s company, and he told me not to text him and questions about the project… and he was immediately fired!
We all need a little help along the journey. Who have been some of your mentors? Can you share a story about how they made an impact?
James Sullivan and his team at OneSeven Technology, Evan Ryan at Teammate AI, James Robert Lay at the Digital Growth Institute and the guys over at Blip Payments, Seth Fenster and Michael Bank.
In today’s parlance, being disruptive is usually a positive adjective. But is disrupting always good? When do we say the converse, that a system or structure has ‘withstood the test of time’? Can you articulate to our readers when disrupting an industry is positive, and when disrupting an industry is ‘not so positive’? Can you share some examples of what you mean?
When you change the user experience and make it seamless and give them a better outcome, it’s a positive. That is what Diane Money does for it’s users. Give them better financial outcomes by doing the work and thinking for them.
Can you share five of the best words of advice you’ve gotten along your journey? Please give a story or example for each.
I’ll simplify this one… “Who Not How.” Read Dan Sullivan and Benjamin Hardy’s book. It’s a game changer. You are probably only really good and passionate about 2–3 things in your life. I know that’s true for me. When you focus on them, and find “Who’s” to help you with the items that you’re not great at, it can be a massive boost of confidence to your project.
We are sure you aren’t done. How are you going to shake things up next?
Use AI to figure out what is going to be in a user’s best interest financially. And then offer them the ability to make the changes or adjustments for them by clicking a button on your phone!
Do you have a book, podcast, or talk that’s had a deep impact on your thinking? Can you share a story with us? Can you explain why it was so resonant with you?
I love David Sinclair’s Podcast, Lifespan. I think with the advances in health and aging, we are going to need our money to be working for us in the best possible way to help with us humans living longer lives.
Can you please give us your favorite “Life Lesson Quote”? Can you share how that was relevant to you in your life?
Action creates clarity. My dear friend Justin Breen and I talk about this all the time. In order to get clarity in life, you need to act. That is the only time that you will get answers. By taking action.
You are a person of great influence. If you could inspire a movement that would bring the most amount of good to the most amount of people, what would that be? You never know what your idea can trigger. 🙂
Understand your money habits. They affect you more than you know. My new company is going to help you understand what you’re doing and how you could have better outcomes by using our platform.
How can our readers follow you online?
Head over to www.DianeMoney.com and sign-up to be part of the exclusive Beta experience and save your spot in line when the app is released this year!
This was very inspiring. Thank you so much for joining us!
Meet The Disruptors: Bill Bloom Of Diane Money On The Five Things You Need to Shake Up Your… was originally published in Authority Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.
