West Coast Connection Forum
Lifestyle => Tha G-Spot => Topic started by: jeromechickenbone on November 24, 2006, 08:26:38 PM
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Well it just became official today homies!!! I've been bustin my ass at my job and it's really paying off. I got my first real promotion about a year ago - I had just turned 25 and became a manager of 6 peeps, 3 of which were 20 years older than me, lol.
But just last week I was offered another promotion which I called my boss and accepted today!!! This moves me out to Phoenix which is dope cuz i've been dyin to get out of the shithole town I live in. But peep game on this my niggas - I'm gonna be clocking $80K annually, I got a $30k signing bonus in the way of an equity downpayment on a new home and a 5-year stock option buyout. I'm so excited I can't even put it into words.
So this is a message to all of yall grinding it out in school or whatever - keep your eyes on the prize and you can do it. Know that all the work you're putting in today will pay off in the long run, no matter how much it may seem like bullshit right now.
I'll be there after 1st quarter 07 (April 1), so to all the homies in AZ & Cali I'm gonna expect some hospitality so HOLLA!!!!!!! 8)
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cool, 80 k a year is nice.
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congrats dogg
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congradulations man, all hard work pays off in the end
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Welcome 2 Tha We$t
sounds like a nice deal, congratulations
where you livin at now?
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Congrats man...& west west... 8)
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Welcome 2 Tha We$t
sounds like a nice deal, congratulations
where you livin at now?
I've been living in Kansas since I took that promotion last year. I'm ready to get up outta here, but i'm glad to have had this experience. It's opened my eyes as far as how different people are out in this part of the country. I'm orignally from Cincinnati, and it's made me appreciate living in the big city even more.
I've been out to Phoenix twice for business over the last year and loved it. Can't wait to get up out this bitch! 8)
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Congrats dude.
You are goin to be BAALLLLLLLLLIIIIIIIIIIIINNNNNNNNN!
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congradulationS!!!!!!!!!!!!!!1
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Man thats too fuckin cool, kick back and smoke a fat one to celebrate(sure you're miles ahead of me here) Everyone needs to take a look at how this guy puts it down, a damn success at 25!
One of my friends lived in Phoenix for a few years and dug the shit outta it, good spot for sure.
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BAaAAAAAAAAAAAAAAAAAAAAAAAALLLLLLLLLLLLLLLLLLLLLLLLLLLLIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIINNNNNNNNNNNNNNNNNNNNN
congatulations, man! damn it's good to hear about success stories, sounds like you real happy, a 30k bonus :o sheeeet damn! what do you do for a living?
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Man thats too fuckin cool, kick back and smoke a fat one to celebrate(sure you're miles ahead of me here) Everyone needs to take a look at how this guy puts it down, a damn success at 25!
One of my friends lived in Phoenix for a few years and dug the shit outta it, good spot for sure.
Oh hell yeah man I was tokin within about an hour of telling my boss ;D
BAaAAAAAAAAAAAAAAAAAAAAAAAALLLLLLLLLLLLLLLLLLLLLLLLLLLLIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIINNNNNNNNNNNNNNNNNNNNN
congatulations, man! damn it's good to hear about success stories, sounds like you real happy, a 30k bonus :o sheeeet damn! what do you do for a living?
I'm an assistant vice president of a bank.
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congrads man
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congrats ! nice to see ya hard workpaying off
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nice dude, phoenix got a lotta pussy and if ur ballin like that its gonna be wide the fuck open for fun
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wow...thats really nice homie, seems theres gonna be some big changes in your life..good luck with everything and stay focused is all i can say!damn playa..80 k a year!!! :banana: :banana: :banana: :banana_trippin: :banana_trippin: :banana_trippin:
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im from tucson (90 miles south of phx) and got damn its hot as a bitch up there. But since you have been there you know there is a lot of shit to do.
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how much is that in eur'o's ?:P
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Success is a beautiful thang. Keep it up. Congratulations!
Glad to hear you rackin' in that much dough!
Propz.
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That's what I call an inspiring post 8)
Congrats homie, good for you
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Congrats man, I'm busting my ass in college right now. Good to hear it's working out for good people.
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Congrats...Phoenix sucks, but I guess it's an upgrade from Kansas...
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Congrats...Phoenix sucks, but I guess it's an upgrade from Kansas...
lol, trust me ANYTHING is an upgrade from this place. Why do you think PHX sucks though? I'm working in Scottsdale actually, but I'm gonna live in PHX because you can't buy a single family res in Scottsdale for under $500,000. And fuck buying a condo / townhouse.
I've been out there 3 times and am going out there again on Tuesday. I'm trying to lock down a place to live on this trip. The market has really slowed down over the last 9 months and is a great time to buy. I'm pumped.
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Congrats my man.
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Well it just became official today homies!!! I've been bustin my ass at my job and it's really paying off. I got my first real promotion about a year ago - I had just turned 25 and became a manager of 6 peeps, 3 of which were 20 years older than me, lol.
But just last week I was offered another promotion which I called my boss and accepted today!!! This moves me out to Phoenix which is dope cuz i've been dyin to get out of the shithole town I live in. But peep game on this my niggas - I'm gonna be clocking $80K annually, I got a $30k signing bonus in the way of an equity downpayment on a new home and a 5-year stock option buyout. I'm so excited I can't even put it into words.
So this is a message to all of yall grinding it out in school or whatever - keep your eyes on the prize and you can do it. Know that all the work you're putting in today will pay off in the long run, no matter how much it may seem like bullshit right now.
I'll be there after 1st quarter 07 (April 1), so to all the homies in AZ & Cali I'm gonna expect some hospitality so HOLLA!!!!!!! 8)
BIG PROPS!!! 80 K! :o
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Congrats...Phoenix sucks, but I guess it's an upgrade from Kansas...
lol, trust me ANYTHING is an upgrade from this place. Why do you think PHX sucks though? I'm working in Scottsdale actually, but I'm gonna live in PHX because you can't buy a single family res in Scottsdale for under $500,000. And fuck buying a condo / townhouse.
I've been out there 3 times and am going out there again on Tuesday. I'm trying to lock down a place to live on this trip. The market has really slowed down over the last 9 months and is a great time to buy. I'm pumped.
I went there a few times and it seemed kinda small, like everyone knows everyone and I don't think there are that many things to do...Plus the weather is DRYYY. I dunno, maybe I'm just spoiled, being born and raised in LA and all. It's just much different, one thing that's cool though, their buildings and structures look futuristic...PeACe
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Right now (roughly)
$80k = £41k
£41k = 61k Euros
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Congrats...Phoenix sucks, but I guess it's an upgrade from Kansas...
lol, trust me ANYTHING is an upgrade from this place. Why do you think PHX sucks though? I'm working in Scottsdale actually, but I'm gonna live in PHX because you can't buy a single family res in Scottsdale for under $500,000. And fuck buying a condo / townhouse.
I've been out there 3 times and am going out there again on Tuesday. I'm trying to lock down a place to live on this trip. The market has really slowed down over the last 9 months and is a great time to buy. I'm pumped.
I went there a few times and it seemed kinda small, like everyone knows everyone and I don't think there are that many things to do...Plus the weather is DRYYY. I dunno, maybe I'm just spoiled, being born and raised in LA and all. It's just much different, one thing that's cool though, their buildings and structures look futuristic...PeACe
Yeah, it's very dry there, i think theres like 1.3 million people. As far as the buildings, you're on point there - Frank Lloyd Wright designed many buildings there I think. He's got streets named after him and shit.
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What did you study, what qualifications did u get to get to this point?
Or was it just all just hustle and grind to work ure way to the top?
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What did you study, what qualifications did u get to get to this point?
Or was it just all just hustle and grind to work ure way to the top?
I was a finance major in college. I interned at this place after my junior year, and they offered me a position as an analyst as soon as I graduated. They only offered me $29k to start which was less then what I got offered elsewhere, but I liked this organization because they are growing rapidly and there was real potential to move up. But I definitely learned more in 6 months on this job than I did in 4 years of school.
Basically I identify loan risk on any commercial loans over $500k. I busted my ass for two years and became our top performer. We have quarterly performance goals which I love because I always work better with a definite goal in mind. They then promoted me to Asst. VP where I no longer was an analyst, but a manager of our analysts - giving direction and philosophy, organizing work flow.
Now I'm headed out west to be our lead analyst out there. Much more exciting market - I'll work on projects in Phoenix, LA, Las Vegas, and other surrounding cities. I'll be an analyst there for 2 years, while working closely with our top lender in the bank. He's 64 and will be retiring. His loan portfolio is approximately $200 million and I'm gonna do everything I can to get a chunk of that when I get promoted to a Commercial Lender. That's what my ultimate goal is - basically all they do is schmooze and go out an look for potential loans. Golf, lunches, drinks and bullshit. No time in the office - they want us out and about bringing in new business. It'll be the shit.
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What did you study, what qualifications did u get to get to this point?
Or was it just all just hustle and grind to work ure way to the top?
I was a finance major in college. I interned at this place after my junior year, and they offered me a position as an analyst as soon as I graduated. They only offered me $29k to start which was less then what I got offered elsewhere, but I liked this organization because they are growing rapidly and there was real potential to move up. But I definitely learned more in 6 months on this job than I did in 4 years of school.
Basically I identify loan risk on any commercial loans over $500k. I busted my ass for two years and became our top performer. We have quarterly performance goals which I love because I always work better with a definite goal in mind. They then promoted me to Asst. VP where I no longer was an analyst, but a manager of our analysts - giving direction and philosophy, organizing work flow.
Now I'm headed out west to be our lead analyst out there. Much more exciting market - I'll work on projects in Phoenix, LA, Las Vegas, and other surrounding cities. I'll be an analyst there for 2 years, while working closely with our top lender in the bank. He's 64 and will be retiring. His loan portfolio is approximately $200 million and I'm gonna do everything I can to get a chunk of that when I get promoted to a Commercial Lender. That's what my ultimate goal is - basically all they do is schmooze and go out an look for potential loans. Golf, lunches, drinks and bullshit. No time in the office - they want us out and about bringing in new business. It'll be the shit.
Sounds good. You say you identify loan risks and they pay you a lot of money for it. Does that mean you're facing the sack if you get it wrong? Like trusting someone to pay back a loan then they don't. Coz that would come down to you allowing them the money right? Althought you say you are now managing other people doing that so does that makes their mistakes your mistakes?
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props n good luck
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What did you study, what qualifications did u get to get to this point?
Or was it just all just hustle and grind to work ure way to the top?
I was a finance major in college. I interned at this place after my junior year, and they offered me a position as an analyst as soon as I graduated. They only offered me $29k to start which was less then what I got offered elsewhere, but I liked this organization because they are growing rapidly and there was real potential to move up. But I definitely learned more in 6 months on this job than I did in 4 years of school.
Basically I identify loan risk on any commercial loans over $500k. I busted my ass for two years and became our top performer. We have quarterly performance goals which I love because I always work better with a definite goal in mind. They then promoted me to Asst. VP where I no longer was an analyst, but a manager of our analysts - giving direction and philosophy, organizing work flow.
Now I'm headed out west to be our lead analyst out there. Much more exciting market - I'll work on projects in Phoenix, LA, Las Vegas, and other surrounding cities. I'll be an analyst there for 2 years, while working closely with our top lender in the bank. He's 64 and will be retiring. His loan portfolio is approximately $200 million and I'm gonna do everything I can to get a chunk of that when I get promoted to a Commercial Lender. That's what my ultimate goal is - basically all they do is schmooze and go out an look for potential loans. Golf, lunches, drinks and bullshit. No time in the office - they want us out and about bringing in new business. It'll be the shit.
Sounds good. You say you identify loan risks and they pay you a lot of money for it. Does that mean you're facing the sack if you get it wrong? Like trusting someone to pay back a loan then they don't. Coz that would come down to you allowing them the money right? Althought you say you are now managing other people doing that so does that makes their mistakes your mistakes?
Yeah but when I do my analysis, I'm outlining strengths and weaknesses. Then I make a recommendation on if it's an acceptable risk or not. After I'm done with my analysis, the loan is then presented to a committee which consist of our CEO, CFO, COO, an senior managment. As a committee they ultimately decide if they want to do the loan. My analysis is very in depth - usually about 20 pages deep. Analyzing financial statements, individuals background, market history, industry, collateral, etc. etc. By the time I'm done with all of that I'm usually very confident one way or another. Our particular bank does very well in the way of loan losses. Less than .01% of our entire loan portfolio (nearly $1 billion) ever actually goes into default.
As far as my staff's mistakes being mine, absolutely. I have to go through each of their analyses and see if their logic, numbers, and conclusions seem reasonable. There are times when I have to completely trash somebody's work and start from scratch and show them the proper way to look at the deal. It requires a lot of patience and detail, but it's fun and very interesting to see what types of businesses are good and which are not. Real estate develiopment and construction are my favorite, mostly because it's been booming here in the states for the past 5 years so its an exciting market. However, in the last 9 months or so it's really slowed down, so we're extra conservative.
props n good luck
Thanks man