John D. Steinmetz - Success and the value system
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Transcript of John D. Steinmetz - Success and the value system
JOHN D. STEINMETZThe success story buildupon values
PE
OP
LE F
IRS
T
THE VALUESBe prepared for uncertainty
Right mentorship is transformational
Accept the challenge
Acknowledge your weaknesses
Apply the right approach
People are the most valuable asset
Stand by your peers and subordinates
There is a genuine belief, top tobottom, bottom to top, thateveryone matters.
WORDS TO REFLECT ON
John D. Steinmetz
UNCERTAINTY
EXPECT THEZIGZAG
John Steinmetz chose an unpaid
internship with the white house over a
job with Bear Stearns, one of the top
10 investment banks, only to encounter
a hiring freeze in 2002. It led him to
another job, the foundation, for his
miraculous career in Banking.
MEN
TORS
HIP
FOUNDATION OF THE CAREER
In his first job with PlainsCapital Bank John D. Steinmetz had the
opportunity to work under the company chairman and CEO Alan White.
This mentorship played a crucial role in his career and proved to be the
foundation stone for his assignment with Vista Bank.
ACCEPTINGTHECHALLENGE
BEGINNING WITH VISTA BANK
Steinmetz encountered an unprecedented
challenge when a smaller, family-owned bank,
headquartered in a town of less than 2,000 people,
VISTA BANK, invited him to work with them. He
quit this large organization only to compete with
them with only a $950,000 legal lending limit in
hand. He accepted it.
WEA
KN
ESS
ACCEPT WHAT YOU DON'T KNOW
John Steinmetz recalling his early days with Vista Bank says "We
thought we knew everything there was to know. At 29, I realized
really quick how much we didn't know." He accepted where they
lagged and the vision was more clear about what needs to be done.
RIG
HT
APP
ROA
CH
MOVE IN THE RIGHT DIRECTION
John D. Steinmetz and his team after realizing the challenge before
them, collaborated with other banks. They also started adding
prestigious clients, which proved be a turning point in Bank's growth.
Steinmetz values how the growth has happened than
the growth of the bank itself. Since John and his
team started working for the Vista Bank, the
retention has been extraordinary with only less than
5 employees having quit the company.
PEOPLE AREASSET
HELP THEM TO
MOTIVATE THEM
Vista Bank and its leadership holds the beliefthat only motivated employees can generateprofit. They have set up a special fund to helptheir peers in need.
$40
MILLION CAPITALRAISED
5
5 YEARS AS CEO
THE NUMBERS
530%
BUSINESS GROWTH
https://twitter.com/johndsteinmetz
LINKED IN
https://www.linkedin.com/in/johndsteinmetz
WEBSITE
http://johndsteinmetz.com/
CONTACTINFORMATION