Saturday Cup of Joe: a lending and tech(ish) newsletter from Detroit

Saturday Cup of Joe #150.

Friends & Colleagues,

Week 150. I’ve crossed round numbers before, 10 was a sign of commitment, 100 comes to mind as well, but I might have been most proud of 52, a first full year! 150 weeks in Detroit. Now just 6 weeks from 3 full years. I took a look back at some of those newsletters.

#10 — Saturday, July 16, 2016.

The CFPB turned 5 years old at that time. SoFi was restructuring and profiled in the WSJ. I floated the idea of the #NextBelt — a combination of the former Rust Belt and gritty “second tier” cities that thrive on hard work and potential (thanks, in part, to low cost of living). All the big city feel for the Midwest price. My “Today’s Thought” a feature since the first week was on the +2, -2 effect of expectations. Set expectations up (+2) and your customer/client/reader/spouse is likely to experience the same thing 2 degrees below what you foreshadowed. Lower the expectations initially (-2) and they often have a better experience as a result.

#52 — one year — Saturday, May 6, 2017.

The CFPB, millennial homeownership and the #NextBelt were all still frequent topics in the newsletter. Digital platforms reach out to Millennials and challenge the CFPB on how to…