#9 - Mayer Estinville: How to Break Into Banking, Passion for Financial Literacy

The Smart Alec Show

Apr 28 2022 • 1 hr 22 mins

Mayer Estinville is currently a business analyst at AT Kearney, and a former two-time intern with Goldman Sachs, along with having interned with Prudential Financial, NABA, and more. Mayer was born in Haiti before moving to NYC as a kid, where he graduated at Baruch College in Manhattan with his Bachelors of Business Administration. Due to his upbringing in Haiti, he’s passionate about financial literacy and bringing more knowledge of the topic to his community, while providing financial stability to his family, his people, and giving back in more ways. Mayer’s incredibly versed in the topics of finance, business, and methods to live fulfilled and happy via optimism and other mental tactics — but above all, he’s a great friend of mine and someone who inspires me to do better everyday. I share a brief conversation of us in hope he inspires you all too.


Connect with Mayer:

LinkedIn: https://www.linkedin.com/in/mayer-estinville-4a7b3b14a/

IG: https://www.instagram.com/kingmayster/


Timestamps:

0:00 intro

1:08 NYC in 2020

4:16 Why Mayer chose finance instead of the medical route like his family, how he got to Goldman Sachs

8:18 How to follow up with professionals after hitting it off

10:52 How Mayer became an NBA fan whilst living in Haiti as a child

  • 11:41 LeBron Inc — how Maverick Carter, Rich Paul, and Paul Wachter have aided LBJ in the safer investments of brand monetization vs traditional risky investments (how Arnold Schwarzennager first did this)

17:05 How important college organizations play in helping one break into an industry

  • 20:45 “Show me your friends I’ll show you your future” — you are the sum of who you hang around

23:09 Growing up in Haiti vs living in NYC

25:51 Mayer’s work with Goldman Sachs

  • 29:15 Why banks are so secretive, even internally

32:00 Alec gets honest about ESPN

38:53 The democratization of financial literacy and info in the digital age, how people and corporate players must keep pace

40:05 What do we need to do to push for more financial literacy?

  • Why Mayer is passionate about financial literacy, and how sees it as the opportunity to provide his other family members with the opportunity to pursue passion by having financial stability

46:13 Why people should really question themselves on what it is they really want to do

47:23 Volatility in the markets in 2020, new trends in investing amidst the digital age

51:55 Be cautious of “investment gurus”

56:16 How Mayer overcame adversity when first stepping into the elite financial sector of Corporate America

  • Ways to overcome imposter syndrome
  • Importance of authenticity to self despite potentially making others initially uncomfortable
  • 1:07:01 Mayer’s one discriminatory encounter with a peer during his internship

1:14:00 Rapid fire segment

  • 1:14:32 long Bitcoin?
  • 1:16:47 NBA GOAT = Wilt Chamberlain?
  • 1:17:04 Pineapple on pizza?
  • 1:17:32 Ronaldinho or Pele the GOAT of futbol?

1:19:00 Mayer’s next steps signing with AT Kearney as a management consultant

1:20:31 Why Mayer switched from banking to consulting


Podcast info:


Connect with Alec on Social:

- Linktree to all platforms: https://linktr.ee/smartalec


Recorded in December 2020