Mary Mack is the former CEO of Consumer & Small Business Banking at Wells Fargo. Mary was named one of the top 50 most powerful women in business by Fortune Magazine for six consecutive years, and American Banker List ranked her among the most powerful women in banking.
With 39 years of experience in the banking industry, she had the opportunity to advocate for entrepreneurs and small businesses nationwide. Her involvement in Wells Fargo’s Open for Business Fund, which contributed $420 million in grants to aid underserved small businesses during the pandemic, further exemplifies her commitment to their success.
Here’s a glimpse of what you’ll learn:
- Mary Mack on how her banking career evolved with increasing responsibility
- Why seeking advice from seasoned entrepreneurs is pivotal to starting your business
- What qualities to consider when interviewing candidates
- The value of aligning with mentors who recognize potential and offer feedback
- How Mary stays up-to-date with financial industry developments
- Mary’s advice to young entrepreneurs on managing stress
- Lessons Mary learned from diversity, equity, and inclusivity listening sessions
In this episode…
The progression of the professional workforce over the past few decades has rapidly evolved. Rather than committing the entirety of one’s career to a single entity, it’s common for professionals to explore positions in multiple industries — and with many industries overlapping with one another, there’s no limit on where an opportunity may lead. As a novice, what should you look for in a job opportunity?
Mary Mack, a former banking titan, reassures professionals that their first job will not be their last. Rather than obsess over your first job, consider what is best for you in your current season, glean from the experience, and change direction when you’re ready for a new challenge. Entering the workforce with the sole intent of finding a career causes you to miss out on valuable experiences that only come from taking advantage of new opportunities.
In this episode of The First Buck Podcast, Nicolas Cary welcomes Mary Mack, retired CEO of Consumer & Small Business Banking at Wells Fargo, to discuss why seeking advice from seasoned entrepreneurs is pivotal when launching into your career and the value of aligning yourself with mentors who recognize your potential. Mary also shares how she stays up-to-date on financial industry developments, her advice to young entrepreneurs on stress management, and the lessons she learned while attending listening sessions.
Resources mentioned in this episode:
Sponsor for this episode:
This episode is brought to you by Sky’s The Limit, one of the largest nonprofit programs for underrepresented young adult entrepreneurs in the US. Sky’s The Limit is a quick-growing digital platform that connects entrepreneurs with their peers, volunteer business mentors, training resources, and funding.
Our goal is to develop the social capital that founders need to chase their business dreams.
To learn more, please visit www.skysthelimit.org today.
