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Feb 19, 2025 1 hr 57 min

The Derek The Deal Smith Interview

from The Knives Monroe Podcast Hosted by Knives Monroe

In my latest conversation on The Knives Monroe Podcast, Derek and I peeled back the layers of entrepreneurship, real estate, and life’s raw truths. Derek isn’t just a marketing director or a real estate investor; he’s a force who transforms setbacks into stepping stones. His story is a testament to radical ownership—taking responsibility for every decision, no matter how messy. Family, Failure, and Forward MotionGrowing up in Wells Branch, Derek learned early that life was as unpredictable as it was challenging. He shared how the echoes of his father’s struggles and the bittersweet lessons from his own experiences shaped his non-negotiables. Losing a parent at a young age forced him to reframe grief into fuel. His journey wasn’t linear; it was a series of failures that, when embraced, paved the way for exponential growth. The Art of PivotingDerek’s transition from wholesaling to partnering on real estate deals wasn’t accidental—it was strategic. He explained that while lowball offers may upset some, they are often the necessary cost to seize opportunity. By refusing to let sunk cost fallacies dictate his future, he learned to pivot, recalibrate, and trust his gut. That same gut tells him when to say “enough” and focus on what truly moves the needle. Embracing the HustleIn our conversation, Derek’s passion for the hustle shone through. He broke down the mechanics of real estate investing like a seasoned MMA fighter—different moves for different situations. Whether he’s donning the investor hat, the contractor hat, or even the role of a mediator between skeptical clients and ambitious partners, he embodies the art of doing it all. His message? Focus on what you do best, eliminate what doesn’t work, and never let fear of failure stop you. A Blueprint for Creative OwnershipDerek’s approach extends beyond the numbers. It’s about creating value, building trust, and forging relationships that endure. For him, every deal is not just a transaction but a chance to learn, grow, and leave a mark. His journey has taught him that every failure, every lowball offer, and every unexpected twist is an opportunity—a lesson that propels him forward. What’s one lesson from your failures that propelled you to success?Drop a comment or send me a DM. Let’s connect and learn from one another. Get full access to good content by Knives Monroe at knivesmonroe.substack.com/subscribe

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The Derek The Deal Smith Interview

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This episode was published on February 19, 2025.

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