Ben Gilbert: commitment

Transcript context

…Yep. So for Enzo, in the back of his mind, he's like, okay, this is my opportunity to build my own team, hire my own engineers and mechanics, use hopefully my team's success combined with the Scuderia Ferrari brand that I'm building. Maybe someday I too can launch my full-on car company like the Maserati brothers across town. So as he gets going with this grand master plan and, you know, developing the Scuderia, he knows that he needs to build up more than just his own operations. He also does need to build a brand if he's gonna sell his own cars someday. And specifically, he needs a logo and he's got the perfect one. But before we tell the story of the legend of the Ferrari Prancing Horse, now is a great time to thank our presenting partner, J. P. Morgan Payments. Yes. And one thing that kept coming up, listeners, in our research for Ferrari, is just how global they have been from their early days, of course, headquartered in Italy, but selling cars to the U. S. and around the world, as we will soon get to from those early days. And behind any company operating at that scale, there is a massive engine orchestrating money movement behind the scenes. That's right. It's an enormous amount of complexity, paying suppliers in one currency, collecting receivables in another, managing exchange risk, adding vendors and suppliers, and of course, staying compliant in all these regions. When you're really early stage, moving money across 2 or 3 currencies, you can manage it yourself, but going from 3 to 20 is like a completely different situation.…

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