693: Building Individual Trust | Mike Rasic, CFO, Synapse

Published: April 21, 2021, 11 a.m.

Looking back, Mike Rasic says that his entry into the world of tech start-ups got kicked off with a phone call that he almost didn\u2019t answer.

\u201cI have a strict policy that if I see a phone number popping up on my mobile that I don\u2019t recognize, I just don\u2019t pick up,\u201d explains Rasic, who goes on to say that the voice on the other end belonged to a head hunter who subsequently gave him the scoop on a CFO position.

\u201cIt worked out,\u201d reports Rasic, a former PwC partner who is currently the CFO of Synapse, a fintech start-up that can now be counted as Rasic\u2019s fourth CFO tour of duty.

Asked what advice he wishes that someone had given him upon entering the CFO office for the first time, Rasic replies \u201ctiming matters,\u201d before explaining further: \u201cI joined a mortgage company as CFO at the onset of the mortgage crisis.\u201d

Besides some of the more challenging lessons gleaned from the mortgage crisis, Rasic says that he exited the experience with two key takeaways that he has applied to every CFO role since.

\u201cFirst,\u201d he notes, \u201cI went into the role thinking that my world was predominantly going to be finance. Don\u2019t think that way! And make certain that the role is expanding as much as you think is necessary.\u201d

Rasic\u2019s second takeaway once more highlights finance\u2019s broadening influence.

\u201cDon\u2019t underestimate the responsibility of the role. You are going to make decisions that impact peoples\u2019 lives for good and bad,\u201d explains the finance leader. - Jack Sweeney


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