Summary

In this episode, Alvin and Michael McDermott delve into Michael's journey from banking to starting his own brokerage firm. They discuss the challenges faced during the transition, the importance of customer service, and how personal experiences shaped Michael's professional decisions. The conversation highlights the significance of resilience, planning, and self-belief in achieving success in the competitive world of lending and brokerage.

Takeaways

Michael transitioned from banking to starting his own brokerage firm.
Customer service experience is crucial in the lending industry.
Overcoming personal challenges can impact professional decisions.
Building a brokerage requires a solid plan and support system.
It's important to appreciate small successes along the way.
Fear of failure can be a significant barrier to success.
Networking and relationships are key in the brokerage business.
Mistakes are part of the learning process in a new role.
Taking time for personal life is essential for overall well-being.
Resilience and self-belief are vital for achieving goals.

03:46
Transitioning from Retail to Banking

06:48
The Challenges of Customer Service

09:44
Navigating the Lending Landscape

12:41
The First Year in Lending

15:52
Career Progression and Salary Negotiation

18:47
The Importance of Self-Worth in Banking

23:57
Navigating Career Transitions

26:59
The Importance of Leaving on Good Terms

29:44
Personal Motivations Behind Career Changes

32:53
Family Dynamics and Emotional Support

35:44
Coping Mechanisms During Tough Times

40:08
Adjusting to Self-Employment

42:20
Lessons Learned and Future Aspirations

In this episode, Alvin and Michael discuss the recent blockbuster trade of Anthony Davis for Luka Doncic, reflecting on the implications for both players and their respective teams. They delve into AD's impact on the Lakers, LeBron's role, and the team's current performance. The conversation also touches on Luka's transition to the Lakers and the future dynamics of the team. Additionally, they briefly discuss Kanye West's recent antics at the Grammys and Kendrick Lamar's success.

In this episode, Alvin and Michael discuss their experiences with the Lakers' recent games, expressing frustrations and analyzing team performance. They transition into a conversation about Alvin's entrepreneurial journey, focusing on his acai business, the challenges of balancing work and family, and the importance of planning and support in business. The episode concludes with reflections on personal growth, community support, and future aspirations.

In the inaugural episode of 'Jobs Not Done', hosts Alvin and Michael delve into their backgrounds in banking and lending, reflecting on their personal and professional journeys. They discuss the transition from traditional banking roles to establishing a brokerage, emphasizing the importance of mentorship and personal growth. The conversation also touches on cultural topics, including the impact of Kendrick Lamar's music and the recent Olympics, as well as the dynamics of the rap industry, particularly the beef between Kendrick and Drake. In this engaging conversation, King Michael and Alvin explore various themes including the evolution of music, the impact of artists like Kendrick Lamar, reflections on the current NBA season, and the future of the Lakers. They also delve into political perspectives on leadership, the mortgage market, and the challenges of entrepreneurship. The discussion is rich with insights and personal anecdotes, making it relatable and informative for listeners.