In this week's episode of the Building Bigger Lives Podcast, Kathryn and Michael discuss creating predictable performance in an unpredictable housing market. They explore how leaders can develop flexible systems and manage teams through change by focusing on controllable factors like attitude, cross-training, and backup plans. Michael emphasizes the importance of having a growth mindset and preparing contingencies from the start, while Kathryn highlights the need to consider both predictable volume and profit. They discuss common reactions to market volatility, including fight, flight, and freeze responses, and stress the critical role of maintaining a positive attitude despite external challenges. Michael emphasizes coaching people to develop skills and mindset to adapt to changing conditions, using the metaphor of a sailor adjusting sails rather than blaming the wind.

The conversation concludes with encouragement for leaders to take responsibility for their decisions and design effective systems based on a growth mindset.

Building Bigger Lives Podcast

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Contact Coach Michael Regan-

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Contact Kathryn Pedersen-

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This episode focuses on the impact of AI in the housing industry, specifically in mortgage underwriting, following Better's announcement of automating the process in 47 seconds without human intervention. Michael and Kathryn discuss the implications of AI on job roles, emphasizing speed and efficiency improvements while addressing concerns about job displacement. They explore how AI could free up time for more complex problem-solving and client interaction, encouraging professionals to leverage AI to enhance their skills and career growth. The conversation highlights the need to adapt to technological advancements while maintaining focus on areas that AI cannot replace, such as human relationships and complex decision-making.

Building Bigger Lives Podcast

https://www.instagram.com/buildingbiggerlives

Contact Coach Michael Regan-

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www.instagram.com/coachmichaelregan/

www.linkedin.com/in/mregan/

Contact Kathryn Pedersen-

http://www.instagram.com/steamboatmortgage

In this episode of The Building Bigger Lives Podcast, Michael and Kathryn discuss the concept of "essentialism" and the importance of slowing down to think and make meaningful decisions. The idea originates in the book "Essentialism: The Disciplined Pursuit of Less" by Greg McKeown.

Essentialism emphasizes the importance of simplicity and clarity in communication. Kathryn and Michael explore how people often go beyond what is necessary, either through excessive preparation or detailed explanations, which can obscure the core message. The conversation touches on the need to distinguish between tasks that require extra effort and those that simply need clarity. They also discuss how simplicity can lead to freedom and efficiency, both in personal and professional settings. The key takeaways included the importance of self-reflection to streamline processes and the concept of going the "essential mile" rather than the "extra mile."

Building Bigger Lives Podcast

https://www.instagram.com/buildingbiggerlives

Contact Coach Michael Regan-

www.facebook.com/CoachMichaelRegan

www.instagram.com/coachmichaelregan/

www.linkedin.com/in/mregan/

Contact Kathryn Pedersen-

http://www.instagram.com/steamboatmortgage