We had the good fortune of connecting with Malcolm Vinson and we’ve shared our conversation below.
Hi Malcolm, what role has risk played in your life or career?
“Bet on yourself, then double down.” That’s the motto I live by in regard to risk. In my opinion, risk start with the confidence you have in yourself. You know how hard you can go, you know your limitations or lack thereof. From there you need a real plan as to how to get to your ultimate goals. When I set out, and as I climb my way to the top, I do so not by setting out to be the biggest and best agent out the gate. Instead, I work on building my foundation and enhancing my skill in the practice. I lay down brick by brick, each day as perfectly as I can, then before you know it, boom, I have a brick wall. Likewise, I take each deal, each client and do the best I can every time then before you know it, I have one of the biggest databases and clientele around! The biggest risk I have taken was to become an entrepreneur in one of the hottest most competitive real estate markets in the world, Los Angeles, California. Every day I must think and operate like a CEO. I must think creatively, direct my marketing efforts, manage my finances both personal and business. I also must be the worker, the guy who is out there hitting the pavement drumming up new business. One of my other favorite sayings is the bigger the risk, the bigger the reward. What could be more rewarding than building up your business from the ground up until it becomes a huge success? One that ultimately will employ other people so they can provide for their families? In my opinion, that’s the best risk to take. It was either that or work for someone else who had the courage to take that risk. I chose the former!
What should our readers know about your business?
I am a Realtor and investor in Los Angeles. What I am most proud of is that I’m currently an agent that is building a business without joining a team. I am taking a risk, but as I mentioned before, I believe in myself. The goal is to keep expanding my business and eventually create my own team. To get to where I am now was not easy. I worked for major developers and other real estate companies in the past to get experience. I even tried and ultimately failed at being an entrepreneur in real estate in the past. But here I am again, in a much better position. I took my past failures and lessons and turned them into ways to succeed today while still navigating new challenges. I’ve learned that to be a real successful leader and entrepreneur you must always listen and, in many ways, be a student to the game. There is always a bigger fish and someone to learn from. I also learned that to truly live a happy life, tie it to goals not to people or objects. My brand is built on succeeding and helping pull others up to do the same. Also, it’s about giving back. I have been a part of the Chicago Youth Programs in my home city of Chicago for over 15 years. First as a mentee and now as a mentor. I also look forward to getting more involved with and giving back to some local organizations here in LA.
If you had a friend visiting you, what are some of the local spots you’d want to take them around to?
I am definitely an outdoors person. I like to hike and be in nature. One of the places we would go is a roundtrip to Joshua Tree. I would also do a day on Catalina Island. It is like a mini vacation but in reality, only a short ferry ride across the water off long beach pier. I would check out some of my favorite restaurants which includes My Two Cents LA, Gracias Madre and Catch LA. To relax I would take them to Soho House Warehouse DTLA to unwind by the pool and take in the vibes! At night, shoot over to Soho House West Hollywood to catch some more good food and the breathtaking views!
The Shoutout series is all about recognizing that our success and where we are in life is at least somewhat thanks to the efforts, support, mentorship, love and encouragement of others. So is there someone that you want to dedicate your shoutout to?
I would like to first shoutout God and my family that keep me grounded and really in touch with what matters most. I would like to also thank my Mentor, Michelle Nissani, who helps me navigate through deals with decades of experience. One of my favorite books “How to win friends and Influence People” by Dale Carnegie really changed my life and how to see and deal with all different personality types. More importantly the book teaches diplomacy, effective communication and how to get things done! Shoutout to my cousin, Justin Shaifer, who also recommended me for this interview. You continue to impress me and motivate me every day, kid!