Podcasts about fort capital

Chris Powers, founder and CEO of Fort Capital, a real estate investment firm having completed more than $2.1B in real estate transactions in Texas, Tennessee, and Florida. He is also the host of The Fort podcast, a show about entrepreneurship where each episode's mission is to up your game by hearing directly from men and women in the arena. https://fort-companies.com/ https://x.com/fortworthchris https://www.thefortpod.com/

Host Jeremy C. Park talks with Chris Powers, Founder and Executive Chairman of Fort Capital and host of The Fort Podcast, who shares his personal and professional journey and highlights the intersection of mentorship and business growth. During the interview, Chris talks about growing up in El Paso and Lubbock, Texas, and how he started getting into real estate after seeking mentorship from another young entrepreneur who inspired him as a college student at Texas Christian University. He shares some fun stories and lessons learned during the early years of being an entrepreneur and talks about how those experiences have helped build and shape the company today. What started with residential real estate evolved into a focus on multi-family and now Class B industrial, after teaming with Jason Baxter, who is CEO and President, and building the business structure for scalability to become "the best real estate operator in the world."Fort Capital is a privately-owned real estate investment firm with a track record of transacting more than $2 billion in assets throughout Texas, Florida, and Tennessee. Fort's mission is to acquire prime real estate, operate with excellence, and deliver exceptional returns to all stakeholders.Chris discusses why Fort Capital narrowed its focus on Class B industrial after he and Jason read "Good to Great" by Jim Collins, and how they have built a culture based on the purpose of creating a place that attracts the most talented individuals and provides an environment that inspires them to be their absolute best. He talks about some of the industry trends, current challenges and opportunities, and then some of the lessons he has learned from guests on The Fort podcast. The Fort is an entrepreneurship podcast hosted by Chris Powers. Each episode's mission is to help you to level up your entrepreneurial game by hearing directly from the men and women in the arena. Chris talks about how "Great takes time" and uses his recent podcast episode featuring Rusty Reid of Higginbotham Insurance and Financial Services as an example. Throughout the interview, though, Chris talks about the importance of mentorship and how others have helped guide and shape his personal, professional and spiritual journey, and led to his own growth and development and that of his business. He shares valuable lessons and advice from his father and how his father continues to impact his life everyday, even after his loss; and how his mother, wife, and family inspire and guide him with his faith. He wraps up with a fun lighting round that touches on golf, travel, the power of anonymous giving to help others in need, and creating a legacy of giving more in the community.Visit www.fortcapitallp.com to learn more about Fort Capital. Visit www.thefortpod.com to learn more about The Fort Podcast hosted by Chris Powers and to watch and listen to past episodes.About Chris Powers:Chris is a serial entrepreneur with more than 20 years of real estate development and investment experience. He founded Fort Capital and to date, the company has invested over $2B in Class B industrial, and land development projects throughout the state of Texas and the Sunbelt.Chris spends time focusing on Fort's long-term strategy, fostering strategic relationships, and building capital relationships that will help complement the firm's growth. He is also the host of The FORT Podcast, a Top 100 Business Podcast that has published 340+ episodes to date through a series of raw business conversations with business leaders and entrepreneurs.Chris graduated with a BBA in Finance & Marketing from Texas Christian University in Fort Worth, TX. Chris is a member of the Fort Worth YPO Chapter and attends Christ Chapel Bible Church. He lives in Fort Worth, TX with his family. The ChangeMakers Podcast is produced by cityCURRENT and powered by Higginbotham Insurance and Financial Services. Be inspired by more positive media by following cityCURRENT here: www.cityCURRENT.com

My guest today is Chris Powers, the Founder and Executive Chairman of Fort Capital, a leading industrial real estate investment firm, and host of the popular podcast, The Fort. Chris began his real estate investing career in college, nearly 20 years ago, and has since gone on to transact over $2 billion in real estate deals comprising over 24 million square feet. In addition, Chris's podcast, which he started almost six years ago, features over 350 episodes with successful entrepreneurs across multiple industries. In this episode, Chris and I talk about the lasting influence of his father, his journey through ego and success-driven struggles, and his decision to turn over daily leadership of his business to a trusted partner, among other topics. Chris has had a remarkably full life already and he's just 37 years old.Chris Powers:The Fort PodcastFort CompaniesThe Second Mountain by David BrooksTim Ludwig:Tim on XPodcast websiteTopics:(00:00:00) - Intro(00:02:28) - The impact of Chris' father(00:14:55) - Chris' first hustles(00:19:04) - Losing your father(00:33:32) - Intensity & Evolution(00:40:24) - Rebuilding a marriage (00:48:23) - Becoming more vulnerable and authentic(00:52:05) - Stepping away from the role of CEO and looking forward to life(00:58:38) - What aspect of your life has surprised you the most?The content of this podcast does not constitute investment advice, an offer to provide investment advisory services, or an offer to sell or solicitation of an offer to buy an interest in any investment fund.Transitions with Tim Ludwig is produced by Johnny Podcasts

In this episode of The Hive With Us Podcast, host Daniel Martinez, alongside co-host Kyle Thompson, welcomes special guest Chris Powers, a prominent commercial real estate investor from Dallas Fort Worth. Chris shares insights into his extensive experience in the real estate industry, discussing his company's focus on industrial real estate, effective investor relations, and the importance of operational excellence. He highlights the significance of maintaining work-life balance, the value of long-term investment strategies, and the role of land in real estate. Chris also touches on his company's innovative approach to acquisitions and talent management, emphasizing the importance of building strong relationships and a robust team. Chapter 1: Introduction and Guest Overview (0:00 - 3:03) Daniel introduces co-host Kyle Thompson and special guest Chris Powers, who provides a brief overview of his background and expertise in commercial real estate, including the structure and focus of Fort Capital. Chapter 2: Business Operations and Strategy (3:04 - 11:05) Chris discusses Fort Capital's focus on industrial real estate, their vertically integrated approach, and the importance of being an exceptional operator beyond just making deals. He also explains their acquisition strategies and the role of local brokers. Chapter 3: Talent Acquisition and Management (11:06 - 18:15) Chris explains his strategies for sourcing and retaining talent, including the significance of internships, always being on the lookout for potential hires, and using personality and traits tests. He highlights the importance of building a strong team to maintain operational excellence. Chapter 4: Investor Relations and Fundraising (18:16 - 25:35) The conversation delves into Fort Capital's investor relations, the process of raising funds, and maintaining strong relationships with over 900 investors. Chris shares insights into how they have streamlined their investor relations department to raise capital quickly and effectively. Chapter 5: Work-Life Balance and Long-term Vision (25:36 - 38:54) Chris shares his approach to managing work-life balance, setting priorities, and his long-term vision for his business and personal life. He emphasizes the importance of time management, the foundational role of land in real estate investments, and provides a favorite quote about the value of patience in achieving greatness. Chris concludes with information about his podcast, "The Fort with Chris Powers," and where listeners can find him online. fortcapitallp.com Text

Chris Powers, Founder of Fort Capital a Real Estate Investment Business focused on Industrial properties, shares his top advice, systems and metrics on how to scale operations effectively and become the best at managing up to $1.2B in assets.Find out more about Chris:Twitter:  @theFORTpodcastCompany website: https://fort-companies.com/Want To Quit Your Job, Travel The World, & Replace 6 Figures Of Cashflow?

One of Fort Capital's core values is resilience, something its founder Chris Powers knows well. In this episode, Chris joins Kyle to talk about his personal and professional journeys, from navigating the loss of his father and wrestling with society's expectations about men's emotions to key career moments and the decision to focus on Class B industrial real estate. Chris emphasizes the importance of mental health, his challenges in real estate entrepreneurship, and the power of self-awareness. These things, Chris shares, helped him transition from a hands-on CEO to chairman of his multibillion-dollar real estate investment firm, Fort Capital. Highlights include Chris' definition of success, the value of emotional vulnerability, and building relationships to grow personally and professionally.

You will learn how to focus on an asset class and be a great operator in this conversation with Chris Powers, founder and executive chairman of Fort Capital, a vertical real estate firm which has invested over $2.1 billion in Class B industrial, commercial, multifamily, student housing, and land development projects throughout the state of Texas and the Sunbelt. Since 2016, the company has focused on Class B Industrial full-time, and that is where the firm dedicates the majority of its resources.   You'll learn about AI and how it can be used to support real estate firms, along with tips on building culture and raising capital. Chris shares insights regularly as host of The Fort, an entrepreneurship podcast.     You can connect with Chris at LinkedIn, his website Fort Capital, and podcast The Fort. And I'm always happy to connect with listeners—you can find me online at: My website: JamesNelson.com LinkedIn: JamesNelsonNYC Instagram: JamesNelsonNYC Twitter: JamesNelsonNYCMy Real Estate Weekly articles: REW-online.com/author/jamesnelson My Forbes.com articles: Forbes.com/sites/jamesnelson

In this conversation, I sit down with my partner and Fort Capital CEO Jason Baxter to talk about our current fundraise, company wins, building out Fort's custom AI, deal pipelines, profitability, how the team has grown, and an outlook for 2024. Past 'Year in Review' episodes: 2018 2019 2020 2021 2022 We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Topics: (00:00:00) - Intro (00:04:17) - Reflecting on 2023 (00:08:07) - Fundraising (00:16:16) - Company Wins (AI, Company Challenges, Team Meeting Structures) (00:35:05) - Fort Capital's custom AI - Foster (00:52:30) - Pipeline (01:00:49) - Profitability (01:07:20) - Highlighting the Team (01:10:33) - 2024 Outlook Support our Sponsors Better Pitch: https://bit.ly/42d9L0I Juniper Square: https://bit.ly/45yiYUq Fort Capital: https://bit.ly/FortCapital Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Chris on Social Media: X: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts

In this week's episode, Patrick Donley (@JPatrickDonley) sits down with Chris Powers to talk about his journey from purchasing his first rental at 17 to becoming Chairman of Fort Capital and host of the entrepreneurial podcast, The Fort. They dive into the sacrifices Chris has had to make to get to where he is today, the struggles along the way, the role of mentorship and faith in his life, what he learned from Sam Zell on how to be a great investor, and so much more. Chris is a serial entrepreneur with more than 18 years of real estate development and investment experience. He founded Fort Capital and to date, the company has invested over $2B in Class B industrial, commercial, multifamily, student housing, and residential / land development projects throughout the state of Texas and the Sunbelt. Chris's ability to conceptualize, raise capital, and execute are only a small part of what Chris brings to the table as Fort Capital's Executive Chairman.  IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro. 02:23 - What sacrifices Chris Powers has had to make to be Chris Powers. 05:32 - The danger of pursuing status games. 05:56 - What impact Chris' father had on his life and career. 13:19 - How his life changed after his father decided to go back to medical school in his 30's. 44:01 - How mentorship has played a major role in his life. 49:45 - How the role of faith has impacted his life and career. 59:01 - How podcasting has opened up doors. 59:21 - What the next 10 years will look like. 61:55 - What an average day is like for Chris. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Am I Being Too Subtle by Sam Zell. Good to Great by Jim Collins. The Fort podcast with Chris Powers. REI184: Beauty in Broken Things w/ John Marsh | YouTube video. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: NetSuite Fundrise Masterclass HelloFresh Connect with Patrick: (@JPatrickDonley): Twitter Connect with Chris:  Website | Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Mundane Millionaires, hosts Kevin Henderson and Eric Pacifici welcome Chris Powers, the Founder and Executive Chairman of Fort Capital. The conversation delves into Chris's journey in the real estate industry, highlighting his unique strategies and entrepreneurial mindset. Chris shares insights on overcoming challenges and adapting to market changes, offering valuable lessons for aspiring entrepreneurs. The discussion also explores the importance of leadership and team dynamics in building a successful business. Chris emphasizes the role of vision, resilience, and continuous learning in navigating the complex landscape of real estate investment and development. Finally, the episode offers practical advice for listeners interested in real estate and business development. Chris's experiences provide a roadmap for creating value in the industry, focusing on innovation, understanding market trends, and leveraging opportunities for growth. This episode is a treasure trove of knowledge for anyone looking to make their mark in the entrepreneurial world.Catch more of Chris on his Podcast, The Fort Podcast with Chris Powers!Support the showThanks for listening! Be sure to leave us a 5 star review and share this episode with your friends!For more content from Mundane Millionaires, follow us here: Twitter Instagram Facebook Youtube TikTok Sign up for the free Business Buying Masterclass at https://masterclass.thesmbcenter.com!For more content from our hosts, Kevin and Eric, following them here:Kevin: Twitter LinkedIn Instagram YouTube TikTok Eric Pacifici Twitter LinkedIn Instagram

Greetings & welcome back to the podcast. This episode we are joined by Andrew Judson - senior advisor at Fort Capital & Director at Pieridae Energy Limited, Condor Energies Inc., Drift Resource Technologies, Field Safe Solutions, the Fraser Institute, and WinSport.Prior to joining Fort Capital as a Senior Advisor, Andrew spent twenty four years in Capital Markets and Private Equity, focused on all aspects of the energy industry – upstream E&P, oilfield services and midstream processing. Mr. Judson was Managing Director of Camcor Partners Inc. (an energy focused private equity firm), Managing Director of Institutional Sales at FirstEnergy Capital Inc., and Managing Director of Institutional Sales at Tristone Capital Inc. Mr. Judson  graduated from the University of Calgary with a BA in History (Distinction)(1991) and an MBA in Finance (Distinction)(1995).Among other things, we sat down and discussed adventures in investment banking, watching $1.00 grow to $18 & why energy M&A will continue.Enjoy.This podcast episode is sponsored by Connate Water Solutions.Do you need cost effective water sourcing options to supply your next drilling or completions program?Connate Water Solutions is a specialized hydrogeology company focused on water well drilling, testing and water management services in Western Canada and Texas.Contact info@connatewater.com or www.connatewater.com for more details.This episode is brought to you by Canada Action, whose aim is to promote the importance of Canada's Energy industry which is the bedrock of our nation's economy, providing hundreds of thousands of jobs and economic opportunities across the country. Learn more at canadaaction.ca, or check out Canada Action on social media.This podcast is sponsored by Eco-Flex Recycled Rubber Solutions. Eco-Flex has been providing  the oil and gas industry with matting and safety walkways for 30 years, with mats that are a resilient, flexible, and an eco-friendly option for your toughest site conditions. With shock absorption, insulation, and easy maintenance, Eco-Flex mats are the perfect choice for any job. Checkout eco-flex.com for more details. Support the show

In this episode, I sit down with my friend and mentor Chris Powers of Fort Capital who specializes in industrial real estate in the Dallas Fort Worth area.    Chris is a serial entrepreneur with more than 16 years of real estate development and investment experience. He founded Fort Capital in 2005, and to date, the company has invested over $584M in Class B industrial, commercial, multifamily, student housing, and residential/land development projects throughout the state of Texas.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Join our Real Estate community: https://sweatystartup.com/rec We have a reddit community: https://www.reddit.com/r/sweatystartup/ Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/

Chris is joined by his business partner and Fort Capital CEO Jason Baxter to celebrate the 300th episode of the Podcast. On this episode, Chris and Jason answer listener-submitted questions regarding: How to build a successful partnership How Fort Capital is navigating the real estate economy Implementing technology and artificial intelligence in a business We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Links Ego is the enemy by Ryan Holiday Good to Great by Jim Collins Fort Ep.180 - GP Fees and The Pathway to Building a World-Class REPE Operating Platform Jeremy Giffon on Invest like the Best Topics (00:04:13) Reflecting on 300 episodes (00:06:22) Jason and Chris deep dive and answer questions about partnerships (00:46:44) Answering questions about Fort Capital (01:14:10) How Fort Capital is incorporating Artificial Intelligence Support our Sponsors RE Cost Seg: https://bit.ly/3oC7JcY Better Pitch: https://bit.ly/42d9L0I Fort Capital: https://bit.ly/FortCapital Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/   Chris on Social Media: Twitter: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts

The demand for last-mile industrial space located in population centers is growing rapidly. Chris Powers, founder of real estate private equity firm Fort Capital, joins the show to discuss his success as a real estate entrepreneur and why he is bullish on infill Class B industrial real estate. Show notes & transcript: https://opportunitydb.com/2023/08/chris-powers-275/

Chris is joined by Fort Capital CEO Jason Baxter and Executive Vice President Steve Bailey to discuss how the company has executed on its mission to establish a world-class Property Management arm of the organization. On this episode, they discuss: ➡️ how and why FC got into property management ➡️ cost savings & economies of scale ➡️ how the team utilizes data ➡️ incentivizing folks to think like owners We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Additional Resources

Welcome to the Real Estate | Build Or Die Conference. It's going to be a day of learning from some of the top minds in the real estate world. We have a lineup of speakers that all have specialization and expertise across the real estate industry. ================== Thank you to our event partners: Investment.com: http://investment.com/ Investment.com specializes in real estate franchises and income strategies, all while putting the customer in focus. They prioritize equitable and inclusive investment practices to generate passive income and build diverse portfolios -- all while lowering the cost of entry to these asset classes. Click here (http://investment.com/) to see more of what Investment.com has to offer. RE Cost Seg: https://www.recostseg.com/ RE Cost Seg helps real estate investors unlock massive tax savings through bonus depreciation. Our expert team delivered over 600 fully engineered cost segregation studies with $60 million in tax deductions over the last 12 months - from single family rentals to massive commercial portfolios. We offer virtual site visits which means we can deliver a study at a fraction of the cost and turnaround time of our competitors. Click here (https://www.recostseg.com/) for a free proposal to see your potential tax savings. ================== Chris Powers is the founder and executive chairman at Fort Capital. They are a Texas based real estate private equity firm that specializes in Class B industrial real estate. Nick Huber is the co-founder of Bolt Storage. Nick has previously built a number of businesses that he considers “sweaty startups.” He has now acquired over $100 million of storage facilities across the United States. Keith Wasserman from Gelt Inc. Keith has built a massive portfolio of multi-family units all across the western part of the United States. Adam Littlefield is the Chief Real Estate Officer at Investment.com. They are doing something brand new when it comes to short-term rentals. Omar Morales from Berkadia. He has helped process over $3 billion of transactions in the South Florida market. Mitchell Baldridge is the owner of Baldridge Financial. He is also the managing partner of RE Cost Seg, which is a brand new business that has done innovation around how they deliver cost segregation studies. Jake Wurzak is the founder and CEO of Dovehill Capital Management. They specialize in all sorts of hospitality, and they are pursuing excellence in everything that they do.

Chris Powers is the Founder & Executive Chairman of Fort Capital. Fort Capital is a Fort Worth, Texas-based Real Estate Private Equity firm.  In 2016, Chris made the decision to focus on Class B Industrial full time and that is where the firm has dedicated the majority of its resources since. After graduating in 2008, Chris started a leasing and property management business and flipped houses on the side. Wells Fargo gave him a $250,000 line of credit, and the plan was to keep flipping homes near TCU. Chris started buying foreclosed homes all over the Dallas Fort Worth area. From there, he started building high-end custom homes. He later got into land development and entitlement for several years, where he would assemble unentitled urban land and take the entitlement risk to develop from ground-up. He has since learned the value of focusing on a specific niche.In this episode, Aaron and Chris talk about how he's built his team, how he balances the identity of investor and entrepreneur, and how focusing on a specific niche of real estate has led to stratospheric growth. Chris Powers' Challenge;  if you don't have a mentor, go find someone that you trust that will pass their wisdom on to you. Connect with Chris Powers Linkedin Twitter Website If you liked this interview, check out our episode with Brent B. Shore. His firm, Permanent Equity, specializes in buying small businesses and has built their specialty and niche focus. Underwritten by Piper Creative Piper Creative makes creating podcasts, vlogs, and videos easy.  How? Click here and Learn more. We work with Fortune 500s, medium-sized companies, and entrepreneurs. Follow Piper as we grow YouTube Subscribe on iTunes | Stitcher | Overcast | Spotify

Levi Benkert is a proven innovative business leader with 20 years of experience in strategic real estate-related business development. Levi founded Harbor Capital, a private equity firm focused on industrial real estate in Texas. Levi has leveraged his skills to identify unique opportunities, maximize growth, raise capital, and create a lasting vision for companies that he has founded and led. Levi has bought, managed, and developed over $450M in real estate properties in his career. On this episode, Chris & Levi discuss: ➡️ Lessons learned during the 2008/2009 Great Financial Crisis ➡️ Story of moving to Ethiopia to build an orphanage and several businesses ➡️ Why he chose to focus on Class B Industrial throughout Texas ➡️ How Harbor underwrites deals and structures their real deals ➡️ Discussion on current real estate market Learn more about The Fort Podcast by going to https://www.thefortpod.com/ Timestamps (00:04:44) Levi's career in home building through the GFC (00:22:06) Building an orphanage & 4 different businesses in Ethiopia (00:33:40) Building Harbor Capital with a focus on Class B Industrial (00:36:06) Levi's focus within Class B Industrial (00:46:21) Doing a deal in Katy, TX that ended up being next to the Tesla Factories (00:52:02) Insights on the Houston & San Antonio markets (00:56:07) “Buy, Refi, Die.” - Long-term holds (00:57:46) Harbor and Fort Capital's future plans (01:06:36) Harbor's organizational structure (01:09:30) Twitter Additional Resources

#107: Chris Powers is the Founder and Executive Chairman of Fort Capital and the host of The FORT podcast. Chris is a serial entrepreneur with more than 18 years of real estate development and investment experience. Since founding Fort Capital, the company has invested over $2.1B in Class B industrial, commercial, multifamily, student housing, and residential and land development projects throughout Texas and the sunbelt. As host of, The FORT, he has published over 267 episodes to date, where he talks with some of the most fascinating minds in business and discusses important topics in the worlds of real estate, entrepreneurship, and investing. It is hands down one of my favorite podcasts to listen to. On the show Chris dives into his story, going to Texas Christian University, entrepreneurship, optimizing for freedom, finding mentors, taking risks, faith, forgiveness, building a business and culture, and what matters most.Like I mentioned before Chris's podcast is one of my favorites and I am always learning something new.Be sure to check out his podcast, The FORT on all major platforms. Also, if you are looking to invest, check out FortCapitallp.comEnjoy the show!

On today's episode, I sit down with Chris Powers, Founder and Executive Chairman of Fort Capital and host of The Fort Podcast. Chris is a serial entrepreneur with more than 18 years of real estate development and investment experience. To date, Fort Capital has invested over $2 billion in Class B industrial, Commercial, Multi-Family, student housing, and residential land development projects throughout the state of Texas and the Sunbelt. Chris spends his time focusing on Fort's long-term strategy, fostering strategic relationships, and building capital partnerships that will help complement the firm's growth.As host of The Fort, Chris has published over 255 episodes through a series of raw business conversations with leaders and entrepreneurs. Many will know Chris as a member of the ReTwit community, which is a group of real estate professionals that are active on Twitter.I've had the opportunity to get to know Chris over the last several years, including as a guest on his podcast, and today I'm excited to flip the microphone on Chris to get to know him and learn more about his personal journey and the story of Fort Capital. Links:Follow Chris on TwitterCheck out The Fort PodcastLearn more about Juniper SquareConnect with Brandon Sedloff on LinkedIn: https://www.linkedin.com/in/bsedloff/Topics:(00:02:18) - Chris' journey into commercial Real Estate and early career(00:05:39) - Why do you think Real Estate was your calling?(00:08:19) - Did your studies at TCU play into your eventual career?(00:11:30) - When did Fort Capital come into existence?(00:18:29) - Who's Jason Baxter and what's his role?(00:20:08) - How did you transition out of housing development and into industrial?(00:24:23) - When you got into industrial, how did you find your niche within this asset class?(00:33:15) - What are the headline stats on Fort Capital today?(00:35:26) - What is the process of finding a deal and the syndication model you pursue?(00:43:39) - How have you become so skilled at raising capital?(00:50:00) - The power of social media & Twitter(00:58:04) - What do the next 5 years for FC look like?(01:04:21) - How do you think about transitioning from building trust with non institutional capital to raising from institutional capital?(01:08:04) - How has technology played a role in the success of Fort Capital?(01:19:15) - What are 3 reasons investors should care about Class B Industrial in the Sun Belt?

Interview with Chris Powers, founder and executive chairman at Fort Capital.   We'll be discussing the following:   ✅  Chris' background story ✅  The journey to owning 6 million square feet of industrial  ✅  What is class B industrial and are there still opportunities?   About Chris:   Chris is a serial entrepreneur with more than 18 years of real estate development and investment experience. He founded Fort Capital and to date, the company has invested over $2.1B in Class B industrial, commercial, multifamily, student housing, and land development projects throughout the state of Texas and the Sunbelt. In 2016, Chris made the decision to focus on Class B Industrial full time and that is where the firm has dedicated the majority of its resources since.Chris's ability to conceptualize, raise capital, and execute are only a small part of what Chris brings to the table as Fort Capital's Executive Chairman. Chris spends time focusing on Fort's long-term strategy, fostering strategic relationships, and building capital relationships that will help complement the firm's growth. He is also the host of The FORT Podcast and has published 260+ episodes to date through a series of raw business conversations with business leaders and entrepreneurs.Chris graduated with a BBA in Finance & Marketing from Texas Christian University in Fort Worth, TX. Chris is a member of the Fort Worth YPO Chapter and attends Christ Chapel Bible Church. He lives in Fort Worth, TX with his wife, Mikal, their daughters, Palmer and Connor, and their son, Chris Powers III. Connect with Chris:   Twitter: https://twitter.com/fortworthchris The Fort Podcast: https://www.thefortpod.com/ Website: https://fortcapitallp.com/   -- Tyler Cauble's Industrial Real Estate Course Link:  https://tyler-cauble.mykajabi.com/a/2147523927/oyFKFh6n    ⚡ Subscribe: https://www.youtube.com/@industrialize?sub_confirmation=1  

Brandon Sedloff is Managing Director and Founding SVP of Sales at Juniper Square where he focuses on business development, and strategy and serves some of the world's largest institutional investment managers. Juniper Square empowers GPs and LPs to focus on building enduring relationships and exceptional investment opportunities. Our partnership enablement solutions empower investment partners to connect and communicate seamlessly across every interaction, freeing teams from the disjointed and siloed systems, operations, and processes holding organizations back from realizing their full potential today. On this episode Chris & Brandon discuss:Chris' story and timeline of careerLessons learned and unique strategy at Fort CapitalDiscussion on raising capital and why Fort is considering institutional capitalTopics(3:02) - Chris' journey into commercial Real Estate and early career(6:23) - Why do you think Real Estate was your calling?(9:05) - Did your studies at TCU play into your eventual career?(12:24) - When did Fort Capital come into existence?(20:08) - Who's Jason Baxter and what's his role?(21:47) - How did you transition out of housing development and into industrial?(26:02) - When you got into industrial, how did you find your niche within this asset class?(34:54) - What are the headline stats on Fort Capital today?(37:05) - What is the process of finding a deal and the syndication model you pursue?(45:20) - How have you become so skilled at raising capital?(51:38) - The power of social media & Twitter(59:43) - What do the next 5 years for FC look like?(1:06:00) - How do you think about transitioning from building trust with non institutional capital to raising from institutional capital?(1:09:42) - How has technology played a role in the success of Fort Capital?(1:20:54) - What are 3 reasons investors should care about Class B Industrial in the Sun Belt?Additional Resources

In today's episode, Chris is joined by Chad Cook, founder of Quadrant Investment Properties, a Dallas-based real estate investment company specializing in urban office opportunities. Before founding QIP, Chad was Vice President of Acquisitions at Hillwood Investment Properties, where from 2004 to 2012 he focused on development and acquisition opportunities in numerous markets nationally. In addition to helping lead the company's acquisition team, Chad also coordinated over $1 billion in dispositions and played an integral role in the sourcing and structuring of numerous institutional joint ventures and development partnerships.Prior to joining Hillwood, Chad was the Director of Leasing and Disposition at Emerson Partners, a Dallas-based owner, and operator of office and industrial properties. Today, Chad and Chris talk about their edge in developing urban office properties, how to create places where people want to be, what's happening in the capital markets, converting offices into apartments, Hudson Yards, and what happens to offices that aren't in demand.Key Takeaways:Intro (00:00)Chad's background (02:46)What happened when Chad left Hillwood (14:40)What Chad is doing today (19:14)The Design District in Dallas (28:38)On offices (37:03)The impact of COVID-19 on the real estate market (42:48)Considering the halo effect when planning (51:34)Office-to-residential conversions (53:38)The secret sauce to creating likable places (1:03:45)On Hudson Yards (1:07:57)Developments that inspire Chad (1:12:35)Outro (1:15:14)Additional Resources:Quadrant Investment Properties: https://quadrantinvestments.com/Chad on LinkedIn: https://www.linkedin.com/in/chad-cook-9a151a/Fulton Market Chicago: https://www.chicago.gov/city/en/depts/dcd/supp_info/fulton-randolph-market-land-use-plan.htmlHudson Yards New York: https://www.hudsonyardsnewyork.com/Learn more about Relay Human Cloud: https://www.relayhumancloud.com/ Learn more about Oshman Aviation: https://www.oshmanaviation.com/Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.twitter.com/FortWorthChrisFollow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/Sign Up for our Newsletter: https://newsletter.thefortpod.com/Subscribe to The FORT with Chris Powers on YouTube—The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!

Chris Powers (Fort Capital) joins Brent Beshore & David Cover to talk about almost losing everything, what changed his life and business for the better, building exceptional teams, the critical importance of real friendship and support, knowing where you're going to provide the most value and find satisfaction, and prioritizing an operator's mindset in the face of challenging conditions.   LINKS & MENTIONS FROM THIS EPISODE Capital Camp https://www.capitalcamp.com/ Fort Podcast: https://pod.link/1410549811  Fort Capital https://fortcapitallp.com/  John Marsh https://www.linkedin.com/in/john-marsh-1576069/ Sacred Pace by Terry Looper Purpose Driven Life by Rick Warren Permanent Equity's 2022 Annual Letter https://www.permanentequity.com/writings/2022-annual-letter-15-years-in-the-trenches    CONNECT Chris on twitter https://twitter.com/fortworthchris Chris on LinkedIn https://www.linkedin.com/in/chrispowersjr/  Brent on twitter https:/https://twitter.com/BrentBeshore Brent on LinkedIn https://www.linkedin.com/in/brentbeshore  David on twitter https://twitter.com/DavidACover David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/  Visit https://www.permanentequity.com/ for more Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter  Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions    TIMESTAMPS 0:00 Intro 0:25 Getting Marshed at Capital Camp 2:38 What You've Learned From Doing The Fort Podcast 4:10 Who Is Chris Powers & Why Brent Didn't Like Him 6:35 What Led to Your Radical Transformation? 15:40 How Has Your Life & Business Changed? 19:00 Has the New Chris Lost His Edge? 20:07 What's Led to Fort's Success? 22:56 Why Fort Struggled from “The Me Show” 26:55 How to Raise More Capital 29:18 Market Takes & Real Estate 35:32 The Nitty Gritty of Fort's Operations 38:50 Biggest Mistakes 48:00 Lighting Round Hot Takes 54:50 The Responsibility of Being Wealthy 57:00 Building the Life You Want 1:01:26 What's Next? 1:03:26 Legal Disclaimer   EPISODE CREDITS Produced by David Cover Additional editing by Bill Pollock  Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley Outro music by Jees Guy   WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT  Visit https://www.permanentequity.com/ for more Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter  Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions  Check out our other podcast episodes here: hhttps://pod.link/1480383949    LEGAL DISCLAIMER This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.  

EPISODE #262 In today's episode, Chris is joined by Andrew Segal, founder of Boxer Property. Boxer Property accounts for 20 million square feet of real estate across the United States, as resort hotels, office space, retail centers, and more.Andrew has a B.A from the University of Southern California, and attended the New York University School of Law in 1992.Andrew is also the co-founder of Relay Human Cloud, which provides a staff hosting service to de-risk the process of onboarding overseas workers.Andrew and Chris sit down today to discuss why hiring overseas talent is the future, why WFH doesn't really work, and why investing in oil and gas is the future.Make sure to check it out!Key Takeaways:Intro (00:00)Andrew's Big Mac inflation theory (02:22)What's going on with inflation? (05:29)How the office market is looking (15:29)How did Relay Human Cloud start? (19:49)The pain of hiring (25:31)Working across timezones (38:12)Why is inflation not getting higher? (59:08)Why Americans are becoming more like Italians (1:02:06)Investing in oil and gas (1:07:58)The truth on crypto (1:18:22)Episode wrap-up (1:29:02)Additional Resources:➡️ Learn more about Juniper Square here➡️ Fort Capital: www.FortCapitalLP.com➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--Check out: ➡️ Boxer Property ➡️ Relay Human Cloud ➡️ The Big Mac Inflation index

Chris is a serial entrepreneur with more than 14 years of real estate development and investment experience. He's raised more than $110 million in equity financing. To date, Fort Capital has invested and developed over $504M in multifamily, student housing, commercial/industrial, and residential & land development projects throughout Fort Worth and the state of Texas. But in this conversation, we didn't speak about too much of that. We spoke about optimism, envy, giving, parenting, mentorship, and much more. (0:00) Intro (2:31) Changing Careers (9:15) Early Entrepreneurial Ventures (17:25) Figuring Out Human Patterns (22:03) Putting Himself Online (26:42) Optimism (31:00) Envy (33:03) Giving (39:10) Parenting (41:21) Finding A Spouse (48:20) Mentorship (54:51) Making Money (57:32) The Lows of Entrepreneurship (1:02:47) Challenge Chris' Links Twitter: https://twitter.com/fortworthchris Podcast: https://www.thefortpod.com My Links ✉️ Newsletter: https://dannymiranda.substack.com

EPISODE #261 In today's episode, we are joined by Alex Olshansky, Principal, and Head of Investments at Zenith IOS. Zenith is one of the largest institutional owners of industrial outdoor storage assets in the US.Alex's well-decorated CV began with a B.A. in Economics from Claremont McKenna College, and he received an M.B.A. from NYU's Stern School of Business. After graduating, Alex worked in acquisitions and asset management for IDS Real Estate Group, with a focus on industrial, office, and retail assets in Southern California and San Francisco.He later joined Abingdon Square Partners in 2017 and was primarily responsible for sourcing and evaluating new investment opportunities.In today's episode, Chris and Alex go through what IOS is, how Zenith underwrites IOS deals, and how exactly they decided to go all in on IOS.Make sure to listen in!Key Takeaways:Intro (00:00)What is IOS? (01:02) How did Alex get here? (02:14) How has IOS been maturing? (04:36)What makes a great IOS deal? (11:00)How property management looks (14:10)How is the market developing (15:50)Zenith's process for new markets (25:05)How Zenith is approaching 2023 (32:56)Driving value (40:07)Episode wrap-up (47:32)Additional Resources:➡️ Learn more about Juniper Square here➡️ Fort Capital: www.FortCapitalLP.com➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!

EPISODE #260 In today's episode, we are joined by Brian Good, the co-founder and CEO of iBorrow. iBorrow is a nationwide real estate lender made by entrepreneurs for entrepreneurs, with an impressive track record of over $1 billion.Brian also founded TenantDirect, the first web-based property management software. Brian has moderated and served on a number of panels during his career, including panels for UCLA, YPO, Bisnow, and IMN. Currently, he sits on the Board of Advisors for the Ziman Center for Real Estate as part of the Anderson School of Business at UCLA.In this episode, we'll be covering everything from Brian's backstory and why he moved from equity real estate to debt real estate to how iBorrow underwrites borrowers and how the private lending market has changed going into 2023.Make sure to listen in!Key Takeaways:Intro (00:00)What brought Brian to debt real estate? (01:39)Why did he want to make the switch? (05:46)The difference between iBorrow and other lenders (08:23)What Are Bad-Boy Carve Outs? (10:12)How has the market changed over the last year? (13:14)How should we plan out the year ahead? (29:12)How leasing activity is looking now (43:07)Episode wrap-up (55:36)Additional Resources:➡️ Learn more about Juniper Square here➡️ Fort Capital: www.FortCapitalLP.com➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!

EPISODE #259 After being bailed out of his first company by his dad 15 years ago while in college, Aaron Rubin learned his lesson and founded ShipHero in 2013 as a warehouse management system for e-commerce shippers. Since then, ShipHero has gone on to serve around $8 billion per year in orders from e-commerce stores. In the last 3 years alone, they have opened up 9 warehouses across the country to manage shipping and fulfillment for medium and large businesses including Shopify, Canadian Tire, Glossier and Universal Music Group.Aaron is known for having his finger on the pulse of ShipHero's major initiatives, He is responsible for planning and executing the overall vision and strategy of the organization. In today's episode, Aaron sits down to discuss his backstory, how he almost went bankrupt in 2008, taking inspiration from Amazon, and what lies ahead in 2023 for the logistics world.Key Takeaways:Intro (00:00)How Aaron got started (01:30)What is ShipHero? (07:32)The problem with copying Amazon (13:25)Everyone hates logistics (22:51)The state of the market (28:08)What's going on with supply chains (37:15)Is manufacturing leaving China? (43:33)What's coming up in 2023 (48:44)The future of the workforce (58:36)Episode wrap-up (1:05:07)Additional Resources:➡️ Learn more about Juniper Square here➡️ Fort Capital: www.FortCapitalLP.com➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!

EPISODE #258 In today's episode, Chris Powers and Jason Baxter take a look at the last year for Fort Capital and discuss the biggest wins of the year. How our team and technology have progressed, how we are looking at the market in 2023, what makes Fort Capital so special, and much, much more.At Fort Capital, our mission is to become the best real estate operator in the entire world. We're always considering how we can operate better, acquire more real estate, improve our credibility and track record, attract top-tier talent, and drive more profit and returns to our investors.So I'm delighted to say that following off the back of an incredible year in 2021, in which we smashed all of the targets we outlined in last year's Year in Review, we have stretched even further in 2022 to outperform our initial goals in every metric we set out.Today, I'm excited to discuss and hope you can take something from what we've achieved in the last 12 months and carry it with you in 2023.Key Takeaways:Intro (00:00)The background to 2022 (02:24)Our revamped investor reporting process (12:35)Our underwriting import tool (19:48)Our brand-new deal sourcing tool (29:29)How do we effectively work through markets? (36:55)What sets us apart in our industry? (43:01)How our dashboard utilization has improved so rapidly (52:11)Cash management for 2023 and beyond (1:01:36)What we achieved in 2022 (1:09:20)Fort Capital University (1:17:05)Additional Resources:➡️ Learn more about Juniper Square here➡️ Fort Capital: www.FortCapitalLP.com ➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ ➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris ➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://www.thefortpod.com/ ➡️ Subscribe to The FORT on YouTube --The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!

Kyle started his fixed-income career on a J.P. Morgan trading desk before joining multi-strategy hedge fund Millennium. In 2018, Kyle left Millennium to manage his own capital, emphasizing real estate debt investing. He has experience investing across the real estate capital structure, including first and second-lien mortgages, tax liens, and equity. He holds a Bachelor of Science in mathematics from the University of Maryland.On this episode Chris & Kyle discuss:what he learned from trading at hedge funds on Wall Street and why he eventually decided to start buying crack houseshow to find and buy distressed debtdifferent types of high-yield loans and strategiesforward thoughts on the 2023 real estate marketand more!Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQFollow Kyle on Twitter: https://twitter.com/financeguy725Constitutional Lending: https://constlending.com/investTopics:(2:05) - How did you get into Wall St. and where did that transform into buying crackhouses?(5:22) - How do you come up with a trade idea?(9:20) - How often do you need to have an idea?(11:08) - How accurate is the show Billions?(13:09) - Why forces people to stay in the Wall St. world?(15:12) - What code do you write?(16:36) - How would you describe what you do today?(19:25) - What are you seeing in lending right now?(24:34) - How would you predict the lending industry's future in the short to medium term?(27:12) - What's happening in Office right now?(30:21) - What happens on your end when someone presents a loan for you to buy?(38:31) - What happens when you take control of an asset?(45:03) - Wanting to own a bank (45:42) - How do you source these non-performing loans?(50:13) - Is your model scalable?(51:40 - What is a Prevent Foreclosure Loan?(54:20 - What's an Airbnb Loan?(57:02) - Punting assets vs. Running a business(1:00:35) - Do you think sometimes your ability to operate hurts you?(1:03:52) - Will high-yield loans still be 8-12% in '23?(1:05:06) - What needs to happen for money to start moving again?(1:10:05) - What do you think about in terms of existential risks to your business?(1:12:58) - Ranting about insurance(1:23:07) - Wrapping up

2023 is upon us. It's the start of a new year. And if you aren't already invested in real estate, this is the year for you!Here are the top 3 education resources to help you get started on your real estate investing journey. 1) The Fort by Chris PowersThis is a YouTube channel and a podcast hosted by Chris Powers. Chris is the founder of Fort Capital, a commercial real estate investment firm that has now amassed almost $2B in assets across Texas, Florida, and Tennessee. 2) Bruce Kirsch and REFAI. Bruce Kirsch is the founder of the REFAI certification program. This is an excellent crash course on real estate investing, and its highly desirable certification for those looking to add to their resume. 3) Bruce Peterson and his book, Syndicating Is A Bitch. If you're interested in real estate investing, you know what a syndication is. And this book is a GREAT resource for you. Bruce Peterson is a leader in syndications. And in his book he provides a lot of information that you're not going to hear from other resources. Tweetable Quotes:"We have created THE guide for you. We help you build generational wealth, additional passive income streams, AND reduce your yearly tax burden. "– Anthony VicinoLEAVE A REVIEW if you liked this episode!!Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.To learn more, visit us at https://invictusmultifamily.com/**Want to learn more about investing with us?**We'd love to learn more about you and your investment goals. Please fill out this form and let's schedule a call: https://invictusmultifamily.com/contact/**Let's Connect On Social Media!**LinkedIn: https://www.linkedin.com/company/11681388/admin/Facebook: https://www.facebook.com/invictuscapitalventures/YouTube: https://bit.ly/2Lc0ctX

Ryan Eisenman is the co-founder and CEO of Arch, a digital solution utilized by over 180 private investment firms to automate the administration and management of tens of $Bs of alternative investments. Ryan is a Houston native, graduated from Vanderbilt University, and now lives in New York City where Arch is headquartered.On this episode Chris and Ryan discuss:the story of how he got the idea to build and execute on Archthe issues behind managing wealth and private investmentshow he raised VC capitalRyan asks Chris several questions about his career Support our Sponsors:Frank Kent CadillacCRE Daily Newsletter Fort Capital Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQLinks:Ryan on TwitterArchTopics:(2:27) - Ryan's background and career(3:49) - The Israeli Entrepreneurship scene(6:41) - Ryan's journey to founding Arch(12:16) - What are you solving with Arch?(14:15) - Who are the customers for Arch?(15:13) - What was your experience raising capital in 2021?(17:14) - What do you lean on VC's for?(19:20) - How do you break into the VC world and start setting meetings?(20:30) - How long did it take to convince your first major investor?(23:09) - How often do you talk to your investors?(23:25) - What's “the next stage” of the business?(24:53) - Why was $1mm in revenue the point where you brought in more sales staff?(26:37) - How has your role changed as the company grows?Ryan Interviews Chris(28:17) - Chris' thoughts on what's broken in this industry(33:11) - What is and what should your first step be after a major liquidity event?(35:16) - What separates a great advisor from the rest of the pack?(38:27) - Chris' role as an asset Manager and the purpose of Fort Capital(40:54) - How did you raise your first deals?(42:13) - Where do you see FC in 5 years? 15 years?(43:29) - How is the current market affecting your strategy?(48:43) - Being fearful when others are greedy, and greedy when others are fearful(52:10)- What would you be building if you had to work somewhere else?

Anthony “Pomp” Pompliano is an entrepreneur and technology investor. He has built and sold numerous companies, ran Product & Growth teams at Facebook, and manages a portfolio valued at more than $500 million in early-stage tech companies. He currently runs his family office, which makes private investments and owns majority stakes in several operating businesses. Anthony also hosts popular conversations on “The Pomp Podcast,” which has been downloaded over 50 million times. Pomp also writes a letter that more than 225,000 investors read each morning. Lastly, Pomp's interests lie at the intersection of finance, technology, entrepreneurship, and economics, which he tweets about extensively to his more than 1.6 million followers.On this episode, Chris & Pomp discuss:lessons Pomp learned from serving in the army and running product/growth teams at Facebookthe benefits and downsides of being a public figure with large social followingwhat is bitcoin and why is it important and his understanding of current crypto marketwhat happened with FTX and its implications on crypto marketLearn more about Chris Powers and Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQSupport our Sponsors:Frank Kent CadillacCRE Daily Newsletter Fort Capital Links:Pomp on TwitterPompLetter.comThe Pomp Podcast(3:40) - Pomp's time in the Army and lessons learned(9:18) - Experiences working at Facebook(12:31) - Tech company bloat(15:49) - Elon vs. Apple and if there's a “they” out there(23:53) - How did you build your online presence?(28:19) - Have you self-censored since growing this massive audience?(32:39) - Pomp on shutting down The Best Business Show(35:47) - Is there a pathway that gets us to an internet that doesn't incentivize ridiculousness?(37:49) - How did crypto enter your life?(41:02) - What is Bitcoin?(47:43) - Is there any version of the “promise” of Bitcoin that is playing out right now?(49:30) - Is there a point where the volatility of Bitcoin stops?(54:32) - Cryptocurrencies and Governments(1:00:13) - How would you pitch Bitcoin to governments?(1:08:05) - Breaking down the FTX fiasco(1:16:59) - Pomp's experience at a LIV Golf Event

Jon Altschuler is the founder of Altschuler and Company and has been involved in all phases of the firm's development since its founding in 2009. He started his career with Trammell Crow Company and was the president of Stream Realty Partners. Jon is the chairman of the SMU Dedman College executive board.Jon is a graduate of Southern Methodist University where he was elected Phi Beta Kappa. Jon earned his MBA from the University of California, Berkeley. On this episode, Chris and John discuss: The current state of the office market and forward-looking thoughts. Best practices for building a successful career in real estate.Future of co-working and office leases.What will happen to Class B office properties?Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQSupport our Sponsors:Frank Kent CadillacCRE Daily Newsletter Fort Capital Links:Jon on LinkedInAltschuler + Co.Topics:(3:18) - Introducing Jon(4:50) - What is it about Trammel Crowe that creates so many all-start caliber RE people?(6:36) - Jon's career in RE(8:25) - What was your perspective on the GFC?(10:41) - What does Altschuler + Co. do?(11:20) - What was the narrative back in '07 vs. '09 from the building-owner perspective?(14:09) - How would you describe the current market for Office?(18:37) - Tech-Giant Sub-leases(20:39) - Stranded Buildings(22:26) - Do you have any insight on the mounting developer debt?(23:33) - What do you predict for development?(24:23) - What are we experiencing in DFW?(26:21) - What does a great future for Office look like?(27:11) - Are you seeing any clustering of businesses similar to Old Parkland?(28:05) - Thoughts on co-working(30:02) - What's the difference between a great leasing agent and a terrible one?(32:47) - What should tenants with 2 years on their lease left be thinking about?(34:46) - Are there any new amenities that are making buildings more competitive?(36:08) - What markets pique your interest?(37:10) - How does your job change as the tenant gets larger?(38:57) - How are tenants thinking about risk of leasing spaces that aren't ready?(41:05) - What are you seeing in capital markets for Office?(41:45) - What's the narrative for Dallas?(42:49) - What would you tell new people in the industry as we stare at a potential downturn?(44:02) - Who developed your marketing strategy?(45:14) - How are you preparing your team for the next 2-3 years?(45:52) - How did you develop your knack to outwork everyone?(48:28) - Becoming a Global Citizen(55:11) - What can Fort Worth do better to attract businesses?

David Senra is the Founder of Founders Podcast. David has devoted his career to learning from history's greatest entrepreneurs. David is on a mission to document the best ideas from the life and work of history's most formidable people —and share those lessons through his podcast so others can benefit. He lives in Miami with his wife and two children. On this episode, Chris and David discuss:His story and the challenges he faced growing up that shaped who he is today.Building his pod – a peak inside what an average week looks like.A deep dive discussion on founder characteristics and everything he's learned from reading hundreds of auto-biographies on the world's most extraordinary founders.A discussion on the economics and business of podcasting.Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQSupport our Sponsors:Frank Kent CadillacCRE Daily Newsletter Fort Capital More on David Senra:David on TwitterListen to Founders PodcastLinks to Books, Apps, Websites, etc. Mentioned on this episode:Sam Walton Autobiography Paul Graham essaysJocko PodcastThe Everything StoreKanye West Netflix documentaryMichael Arrieta on The Fort (Garden City)Trader Joe's AutobiographyReadwise AppBecoming Steve JobsCharles Kettering BiographyA Man For All MarketsDark Genius of Wall StreetTopics:(3:58) - Introducing David(6:11) - David's background(15:32) - David's passion for reading(17:00) - Reflecting on how we are shaped by our past(22:37) - Do you think it's possible to build a generational business without childhood trauma?(30:20) - What led to you starting the podcast?(43:36) - What kept you going during your first 2 years when the show wasn't profitable?(1:06:55) - What does a week in the life of David Senra look like?(1:15:07) - What was it about your appearance on ‘Invest like the Best' that exploded the show?(1:20:09) - How big is the opportunity for podcasting?(1:50:46)- Of everyone you have studied, who is the #1 person in your eyes?The Fort is produced by Johnny Podcasts

Cody Campbell is the Co-Chief Executive Officer of Double Eagle Energy Holdings III LLC, a partnership formed with Apollo Global Management, and co-founder of Double Eagle Development. Campbell began his business career at Texas Tech University, where he and John Sellers founded a successful commercial real estate development firm. He graduated with honors with a Bachelor's in finance and economics and a master's in finance. After graduation, he played offensive guard for the Indianapolis Colts.Campbell is a member of YPO (Young Presidents' Organization), serves on the Advisory Council for the Rawls College of Business at Texas Tech, and serves as a Board Member of the Texas Higher Education Coordinating Board. He lives in Fort Worth with his wife and four children.On this episode, Chris and Cody discuss:The story of their $6.4B sale to Pioneer.Discussion on current energy markets and policy.Why we need to change the narrative on oil & gas to attract more labor into the industry.We talk about the NCAA & NIL programs and how Texas Tech has built The Matador Club to support athletes.Support our Sponsors:Frank Kent CadillacCRE Daily Newsletter Fort Capital Juniper SquareLearn more about Chris Powers and Fort Capital: www.FortCapitalLP.comFollow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQTopics:(4:31) - Selling Double Eagle 3 to Pioneer(8:33) - Why was the industry valuing on a price per acre vs. EBITDA?(10:21) - What do “bits & pieces” mean and how are you able to do it at scale?(13:12) - Have there been 2 types of oil businesses that emerged since the shale revolution?(14:01) - Was there ever a moment during the pandemic when you considered not drilling?(15:00) - When did it become clear that selling was the best option?(19:20) - What blows up a deal like this?(20:13) - Starting back up again(22:02) - What are you seeing in the current state of the energy market?(30:24) - Is there any shift in the capital markets?(32:29) - Why has the Biden Admin shifted its stance on domestic production?(34:49) - How much of an impact does the Russia/Ukraine conflict have?(36:42) - What are you seeing in the labor market for Energy and Oil & Gas?(38:57) - How can the industry change its marketing efforts to encourage people to work in this field?(40:30) - How does this industry bring the rest of the world out of poverty?(43:21) - What's happening outside of the US as we globally see energy prices spike?(44:47) - Even if we all flipped to a pro-oil stance instantly, how deep are we in the hole already?(47:19) - What are the different acreage tiers in oil fields?(50:16) - If oil is at $92 today, what's the rate of return for drilling a well?(51:50) - Is there any technology on the horizon that will make it easier to get oil out of the ground?(53:01) - Why did the Kline Shale flop?(54:55) - Why did the Permian basin end up being such a hit?(55:48) - Where do you think we will peak in 2023?(57:02) - What is the NIL within the NCAA?(1:01:29) - The Matador Club at Texas Tech(1:04:33) - Is there a worry that the schools with the most capital secede and create their own league?(1:06:14) - Focusing athletes on their education(1:08:08) - Who's making the rules for NIL?(1:09:05) - What is it that continues to motivate you?The Fort is produced by Johnny Podcasts

Will Churchill is the Owner of Frank Kent Motor Company.  Frank Kent Cadillac has been awarded GM Dealer of the Year for 2012 – 2014, an honor given to only the top 2% of GM dealers throughout the country. On this episode, Chris and Will discuss: A deep dive on the auto industry. The current state of the auto industry. What the future of buying cars looks like. DTC, EV cars, Hydrogen?! And more! Support our Sponsors: Frank Kent Cadillac CRE Daily Newsletter  Fort Capital  More Info: Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast Links: The Fort #50 with Will Churchill Email Will: willc@fk1935.com Topics: (3:18) - Introducing Will (4:51) - Will's background in the auto business (7:06) - What's happened in auto over the past two years? (11:16) - Where are we now with the chip shortage? (13:10) - Thoughts on pricing strategies in the industry (17:53) - Where do people get auto loans from? (20:18) - Is there anything that changed through Covid that will be permanent? (22:37) - Moving the car buying experience online (27:43) - Thoughts on Carvana  (31:36) - Focusing on the Wholesale market (34:45) - What do most people do when they're owing way more than the car is worth? (36:25) - What warranty do people really need? (41:23) - At what point can a car not get a warranty? (42:58) - Why is there a need for car dealerships in the future? (44:41) - Why doesn't Tesla's model work for everyone else? (47:03) - Will the Car Dealership look the way it does now in 10 years? (48:50) - What happens if Wall Street moves to a profitability model? (50:23) - Buick's buyout of their dealers (51:39) - Who dictates investing in a dealership? (53:31) - The process of opening a new dealership (56:33) - What's the pathway to becoming a dealer? (1:02:25) - Thoughts on the EV revolution (1:08:12) - What happens to the new cars that got wrecked from the recent hurricane in Florida? (1:10:09) - Where do cars go to die? (1:11:29) - Do you see the industry moving to cars-as-a-service rather than traditional ownership model? (1:12:52) - How are auto loans performing right now? (1:13:35) - How many catalytic converters have been stolen from you and are manufacturers looking to fix this? (1:14:33) - How's the auction market looking right now? (1:15:16) - What's the single most impactful thing a dealer can do to improve the car buying experience? (1:17:13) - How has ride-share impacted the auto world? (1:18:43)  - Final thoughts The Fort is produced by Johnny Podcasts

Holt Lunsford is the Founder & CEO of Holt Lunsford Commercial, a Dallas-based full-service commercial real estate company. They talk about luck in business, the process of finding and hiring great people, and Holt's advice for fathers. Enjoy! Support Our Sponsors: Juniper Square: https://www.junipersquare.com/ Frank Kent Cadillac: https://www.frankkentcadillac.com/ Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ (3:08) - Holt's background and career (5:30) - The Great Trammel Crowe generation of Texas Real Estate Operators (19:26) - How much of business success is luck and how much are things that you can control?  (21:28) - Holt's Growth standards  (24:22) - How long was the business going until you started making hires  (25:24) - What were things you weren't doing well that people could learn from?  (28:55) - Holt on building relationships with the people he works with and loyalty  (31:21) - Holt on the culture of people moving jobs constantly and attracting the next generation of employees  (36:21)- What within Real Estate has changed dramatically since starting in '86?  (38:33) - Chris and Holt on life balance   (43:02) - What did you give your kids for their 18th birthday?  (46:19) - What advice would you give your 21-year-old self  

On this episode Chris talks about the fundamentals that drive Class B Industrial: Growing demand and no new supply?  Could that be?! The types of tenants that occupy Class B Industrial How we think about Cap Ex & TI. And more! Support Our Sponsors: Juniper Square: https://www.junipersquare.com/ Frank Kent Cadillac: https://www.frankkentcadillac.com/ Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Topics: (2:52) - What is Class B Industrial? (4:59) - They aren't building more of this stuff (7:07) - Serving the function of a business (9:43) - The asset class in 2022 (11:57) - Tenants in Class B Industrial (14:05) - Being close to the customer (15:33) - Predictability of Expenses (16:31) - Class B as Covered Land Plays (17:22) - Leasing (19:58) - Final thoughts on Class B Industrial The Fort is produced by Johnny Podcasts  

Chris sits down with his longtime friend Rayne Austin, to do a deep dive into the Cattle Business. Rayne walks Chris through the multiple phases of the life cycle for cattle, how each phase makes money, the "Big 4" packers, and how the pandemic exposed a major bottleneck in the industry. Enjoy!  Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ (3:11) - Rayne's Background (5:08) - What are the phases of a cow's life and how do you move from one to the next? (8:07) - Do the calves only live off of their mother's milk or are they consuming feed in the first phase? (9:17) - Do cows sell for less if they haven't been weened? (9:39) - How much money are people trying to get from selling in the calf/cow phase? (10:22) - How do you transfer 10,000 calves to the stockyard? (11:30) - How many calves fit in a truckload? (11:49) -  What's the purpose of the stockyard? (13:25)  - How big are you trying to get the cows to become in the stock phase? (13:45)  - What's the pricing model for cattle? (16:05) - What do cows look like at the end of the stocker phase? What happens when they move to the feed yard? (17:16) - How long do they stay in the feed yard? (17:31) - Where does all that feed come from? (18:06) - Do they go to slaughter from the feed yard? (18:30) - Why don't folks complete all three phases under one roof? (19:48) - What are the biggest risks in the industry? (20:59) - What are the biggest upsides to the business? (21:57) - Why were the packing houses doing well but not the cattle ranchers during COVID? (23:33) - What happens when you have cattle ready to leave the feed yard but packers not willing to take them? (24:53) - Can a cow get ‘too big' to where it affects the meat? (25:44) - How is veal made? (26:50) - Rayne's Experience Working at the Largest Virtual Auctioneering House (28:59) - Does everyone buy in the business hedge or is it case by case? (30:07) - Why are calves who haven't been weened high risk? (31:01) - Why do some people hedge and some don't? (32:29) - How is the majority of this business made up from an ownership perspective? (37:05) - Does the climate and location of feed yards change what the cow will look like? (39:20) - Are the majority of these legacy companies just growing to a point where the barrier to entry is more difficult? (41:06) - What's the day to day like for someone like your grandfather working in the field 7 days a week? (44:00) - How many cattle are there per acre in America? (44:56) - How many cattle are there in America? (45:49) - Who's the largest cattle rancher in the country? (46:21) - Have genetics improved vastly over time? (47:31) - What about cattle genetics has improved? (48:23) - What's the rating system for cattle? (50:31) - Why would someone go through you for doing deals? (51:47) - What's a shrink and slide?  (53:54) - Why do cuts like Wagyu and Kobe sell for so much more? What about grass-fed beef? (55:15) - Why are Midland steaks so much better than other companies? (56:25) - How long does a cow live and how often can they give birth? (58:24) - What are the different breeds of cattle? (1:00:27) - Is the fake meat industry putting a dent into the business? (1:01:52) - The Cow Fart Narrative (1:03:31) - Are there other false narratives that folks should know about in the cattle industry? (1:04:29) - How has technology progressed in this industry to create better margins? (1:07:11) - Have numbers shown that people will pay more for the meat of a cow that's lived a ‘better life'? (1:08:27) - 1031-ing in the Cattle Business (1:10:28) - The JBS Cattle Company (1:10:57) - Who are the Big 4 in Cattle? (1:11:23) - What did the government do for cattle ranchers during COVID? (1:12:35) - How far out can you hedge? (1:13:51) - Since you've been around, what's been the best year to be in this business? (1:15:23) - Do the major packers dominate the industry or does it revolve around the cattle rancher? (1:16:01) - How would you value a cattle operation? (1:18:09) - The U.S. Beef Trade Deal with China (1:19:15) - If you had 100 million dollars and you had to invest in the cattle business, where would you put it? (1:21:11)- What is a day like for a ranch hand? (1:23:26) - What does it cost to lease land to put your cattle on? (1:25:50) - We've found ways to make food for cheaper and less. At what point have we gone too far and we're just making bad beef? (1:27:27) - Do cattle ranchers pay insurance on the cattle? (1:29:24) - How far are we from a point in time where there are not enough people in the industry? (1:30:07) - What's your favorite cut of beef & what's the best advice you've ever received? The Fort is produced by Johnny Podcasts

Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Chris goes solo to hit hard on a critical aspect of operations that has played so well to the success of Fort Capital: Incentives. On this episode Chris discusses: Why operations are important and how to incentivize them. A relevant scenario to think about when setting incentives. Incentivizing the process, rather than just the outcome. Topics: (1:42) - What is a great operator? (2:38) - Incentivizing the process, not just the outcome The Fort is produced by Johnny Podcasts

Michael currently serves as the Founder and CEO of Garden City, a purpose-driven holding company that buys, grows, and permanently holds family-owned companies. Once acquired, Garden City seeks to grow them through culture, technology, and sales. Most recently, Michael was an early employee & executive at DocuSign, serving as Global Vice President, General Manager, and Chief of Staff to the CEO. DocuSign has now achieved a $30B market cap with 5,000 employees. In 2016, he founded MAV Ventures, a venture capital group that has invested in over 100+ companies and multiple funds. Michael also co-founded New Story, a non-profit that has built 2,000+  homes in developing countries and is recognized for creating the world's first-ever 3D Home Printer. He graduated from the University of Alabama with a Bachelor of Arts degree in Business Management, and he lives in Atlanta with his wife and three children. Mike is a follower of Jesus and seeks to honor God in everything he does. On this episode, Chris and Mike discuss: His story and how he learned to be world-class at sales. (He was the #1 CutCo Knife salesman in the US) How Garden City values and ultimately transacts on businesses. How Garden City creates value for the companies they acquire.  Why he chose a permanent capital structure.  Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Michael on Twitter: https://twitter.com/MikeArrieta Garden City: https://www.joingardencity.com/ (2:10) - Michael's career and background (4:51) - What did you do that made you the top Knife salesman in the country? (9:45) - What can get someone to believe in their product or company? (12:46) - What does a Chief of Staff do? (16:58) - Why do you have an affinity for boring SMB's? (19:50) - What led you to the realization that you wanted to start acquiring businesses? (23:30) - What are you tangibly doing to make people the focus of the businesses you buy? (29:21) - What's your filter for red flags in businesses you look at acquiring? (32:19) - In what capacity do you want the previous owner involved after an acquisition? (33:49) - What do the first 90 days look like post-acquisition? (37:11)  - How do you find the line between letting the business run and being very hands on as owners? (40:20) - When an owner doesn't stay on, how quickly do you have to get on with replacing the CEO? (43:06) - What are most of these SMB's lacking generally from a technology standpoint? (46:17) - How do you find someone who is going to be really accountable for making sure tech is adopted? (48:50) - How do you approach Sales training? (53:45) - Why did you choose to pursue Permanent Capital? (57:01) - How do you think about the platform of being able to help people when you're a business owner? (1:00:58) - Is it possible to instill this mindset in an already existing business? (1:02:33) - How does Permanent Capital work? (1:04:46) - How do you think about cash flowing out of the businesses you own? (1:07:06) - Do you have an example of a Christian Business owner who is killing it in both their career and their faith? Sacred Pace by Terry Looper: https://amzn.to/3qxTMtV (1:10:17) - Why did you consciously decide to slow down? What have been the consequences of that decision? Becoming a King by Morgan Snyder: https://amzn.to/3Lq7GYV The Ruthless Elimination of Hurry by John Mark Comer: https://amzn.to/3ddXrtR The Fort is produced by Johnny Podcasts

Tim is a Partner at Majority Search, a private equity firm focused on helping top mid-career professionals pursue entrepreneurship through acquisition (EtA).  He is a veteran search fund investor who has backed over 80 search funds and first-time CEOs since 2007 and purchased three companies directly. Before Tim began investing in search funds, he was an executive at a diversified real estate company, consulted with Arthur Andersen and a middle-market manufacturing company, founded two online publishing companies, and held positions with Dell and a venture-backed start-up. Tim graduated from The College of Wooster, received his MBA from the University of Michigan, and lives in San Diego with his wife and two teenage children. On this episode, Chris and Tim discuss: A deep dive into the search fund industry and how it matured over time. What Tim has learned from interviewing hundreds of CEOs. How Majority Search structures deals that align incentives. Lessons from valuing 1000's of small businesses. Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Links: Majority Search: https://www.majoritysearch.com/ Tim on Twitter: https://twitter.com/tsludwig SearchFunder.com: https://www.searchfunder.com/ Who by Geoff Smart: https://amzn.to/3x0vQmD The Threat of a Reference Check: https://bit.ly/3ARu9sH Topics: (2:51) -Tim's background and career (17:28) - What is a Search Fund in traditional vs. self-funded? (25:42) - How do deal structures work when you begin a Search? (29:25) - How big is the Search Fund community and how can people get in?  (32:47) - EBITish on Discord (34:08) - What are some characteristics of a successful Searcher? (45:46) - Is there a way to sense if someone has common sense and judgment? Chris now acts as the Searcher for the remainder of the episode (52:40) - What are the best practices for finding businesses to buy? (59:43) - What are some industries or business types that really excite you? (1:03:42) - What does the process look like once we've got an LOI between a Searcher, Search Fund, and Seller? (1:10:11) - Is there any one reason that causes deals to fall apart? (1:12:14) - Do you prefer if the seller stays on in some capacity during the transition to new owners? (1:15:35) - What kind of returns are you looking for to determine if an acquisition was a success?  (1:18:56) - What are some low-hanging fruit new owners can capitalize on to grow a business they've acquired? (1:23:07) - Do you care if owners implement some kind of EOS or other operating systems? (1:24:08) - What should an owner expect to see in their first 30-60 days on the job? (1:27:41) - What does the owner's relationship look like when working with someone like Majority Search?  (1:31:46) - How are returns made throughout the life of an investment? (1:34:23) - What's the balance between the portfolio owner and the CEO creating ideas for growth? (1:35:57)- How do you handle unexpected hyper-growth? (1:39:19) - How do you think about the wave of Baby Boomer business owners headed for retirement? (1:41:46) - Who would you back if they came to you as Searchers: Elon Musk or Jeff Bezos? The Fort is produced by Johnny Podcasts

Wyatt is the founder and CEO of UpSmith, a technology company on a mission to combat America's skilled worker crisis.  UpSmith partners with employers to identify high-demand gaps in their labor force, then sources and screens candidates to fill them. Where necessary, UpSmith connects candidates with affordable, fast, high-quality training to qualify them for placement. Prior to UpSmith, Wyatt led business development for Elevate, Uber's aerial ride-sharing business unit. He served as a consultant with McKinsey & Company and as a corps member with Teach for America, receiving the 2013 Sue Lehmann Award as a national teacher of the year. Wyatt holds an MBA with Distinction from Harvard Business School and a BS in Human & Organizational Development and Political Science from Vanderbilt University, where he served as student body president and as a young alumni trustee on the Board of Trust. On this episode, Chris and Wyatt discuss: An in-depth view of the emerging blue-collar labor crisis in America and how we got here. The benefits of blue-collar work and why it is worthwhile work.  Upsmith's plan to employ more blue-collar workers. Why college isn't for everyone. Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast (2:43) - What is the labor crisis we are facing right now? (7:40) - Was there an inflection point where we changed the way we look at the trades? (9:02) - Is this labor crisis attributed equally across all blue-collar work? (10:40) - Are we losing people in the trades due to a lack of training from small businesses? (15:33) - Why is it not obvious that people should look into the trades for a viable career? (18:39) - Does the federal government offer financial aid to attend a trade school? (19:55) - How much of this is a laziness problem? UpSmith (21:25) - Wyatt's launch of UpSmith (24:27) - How are you pitching high school students to have them consider this vs. College? (34:04) - What are the implications for the families of those who choose to enter the trades? (37:30) - Why are you attracted to the words ‘dignity' and ‘purpose'? (39:57) - Renaming Blue Collar as “The Builder Class” (41:10) - What takes place in the initial 8 weeks of a cohort? (44:13) - What problem is a company having that drives them to UpSmith for candidates? (47:40) - What's the line when it comes to blue-collar work and candidates with criminal records? (50:30) - Other than pay, what are some non-obvious benefits of a career in trades? (53:40) - Is the path for people to eventually own their own business or just have a steady income? (57:50) Is anyone on social media making this work sexy? @BuildersOfInsta Mike Rowe's Dirty Jobs The Make It Movement (1:00:48) - Are city crews looking to UpSmith for help with public infrastructure? (1:01:16) - What does our world look like if we fail to fill these blue-collar positions? HBR Future of Work Initiative (1:05:24) - Where have all these workers gone since Covid? The Mom Project (1:08:41) - Is there a certain characteristic that stands out in high-performers in the trades? (1:09:47) - Where do you envision UpSmith in 5 years? (1:11:40) - What are employers in home health care looking for from UpSmith candidates? (1:13:22) - What's one thing you've never predicted since you started this business? (1:14:46) - How can people get in touch or partner with you? Forge NOW The Fort is produced by Johnny Podcasts

Mike Vellano is the CEO of Vortex Companies – a trenchless technology company focused on water and sewer infrastructure. As CEO and Founder, Mike's primary focus is fulfilling the corporate mission and ensuring Vortex delivers on its promise of being a solutions-focused, cost-effective trenchless products and services provider ranging from consulting and project management services to the delivery of products, training, and installation. Formerly, Mike was Vice President of Sales and Marketing for one of North America's largest privately held trenchless underground contractors. His primary responsibilities included overseeing all business entities' sales, marketing, and product development functions. He was also in charge of forging strategic business alliances as part of the company's vision of providing its customers with the widest selection of environmentally friendly, trenchless underground repair solutions. During his five-year tenure, Mike used his vision and leadership to help measurably grow the company's revenue. From 2001 to 2009, Mike worked for Albany, New York-based Vellano Brothers, where he rose from the ranks from local Branch Manager to Vice President. He helped streamline operations, grow accounts, and increase sales exponentially during his tenure there. Mike resides in Houston, Texas, with his wife Lettie and two daughters. On this episode, Chris and Mike discuss: What trenchless technology is, why it's essential, and what markets the technology serves. A fantastic story of how he built his company, took on private equity, and continued to acquire company after company. Lessons learned from integrating each company. Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Vortex: https://vortexcompanies.com/ (2:36) - Mike's background & career (4:54) - What is the ‘Trenchless' industry? (9:50) - Are your customers government contractors or private companies? (10:54) - How old are some of these pipe systems and how much has their design changed over the years? (14:23) - Is there anything Trenchless can do for a city like Austin? (17:04) - Are there areas in the US where your business typically does better? (21:08) - How did you build Vortex? (29:48) - How did you finance your way to $40mm in Revenue? (32:25) - Do you operate as a Holdco or does every acquisition get rolled up under the Vortex brand? (35:34) - What mattered to you when finding capital partners? (44:44) - What's your playbook for integrating new acquisitions into your company? (49:01) - Do you care if the leaders of an acquired business stay or post-close? (50:27) - How much impact is the Russia-Ukraine situation having on your business in Europe? (52:25) - Does your technology scale well into residential? (53:25) - Why do you think executives have it easy? (54:28) - How do you see the labor market over the next 20 years? (57:56) - Why is family so important to you? The Fort is produced by Johnny Podcasts

Twitter Anon M. Stanfield aka @mu2myoc on Twitter is an expert in affordable housing.  Over the past 18 months, his firm has acquired $200M+ in affordable housing projects in Texas. They buy distressed value-add deals and spend a pile on CapEx. Before launching his own fund two years ago, he had developed over 3,000 units of affordable housing in multiple states. Prior to that, he was an affordable housing broker. On this episode, Chris and M. Stanfield discuss: An in-depth analysis of the affordable housing industry and how it operates. Stories as a landlord of some of America's toughest affordable housing communities. How his firm creates value and win/win situations for all involved. Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ M. Stanfield on Twitter M. Stanfield's Newsletter (1:47) - The culture around people living in low-income housing (13:06) - What are you buying and what issues are you walking into when looking at a deal? (17:26) - Low Income Housing Tax Credit process (22:18) - Thoughts on Section 8 housing  (32:30) - What drives you to work in this asset class? (39:41) - Serendipitous opportunity vs. “working for it”  (43:59) - How do you turn these properties around from a physical perspective and a resident perspective? (54:58) - Is there any real solution to helping low-income housing? (59:40) - Re-tenanting a property Twitter Questions (1:09:20) - What 2-3 levers can you pull that drive 95% of returns? (1:16:07) - What's your take on the market right now?  The Fort is produced by Johnny Podcasts

Jilliene Helman is the Founder and CEO of RealtyMogul, an online real estate marketplace that gives everyday investors access to institutional-quality commercial real estate deals in dozens of markets across the country. Since 2012, RealtyMogul members have collectively invested over $850 million into $4.7 billion of real estate nationwide (as of March 31, 2022). Jilliene holds Series 7, 24, and 63 investment licenses and is a Certified Wealth Strategist. She's been featured as an expert on startups and real estate investing on Bloomberg, CNBC, The New York Times, Yahoo! Finance, and Entrepreneur. On this episode, Chris and Jilliene discuss: A 10-year overview of how crowdfunding has evolved and the tailwinds driving it Building a two-sided marketplace with sponsors and LP's. How crowdfunding works from a high level What to expect from the crowdfunding industry over the next decade. Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ (2:02) - Jilliene's career and background (4:48) - What did crowdfunding in the RE space look like when you got started in your career? (8:29) - If you had to go start a new 2-sided marketplace today, would it be harder to do? (11:47) - Was there an inflection point in the industry where crowdfunding became more mainstream? (15:07) - How distributed is the money coming from crowdfunding? Are there ever a couple of individuals that carry the bulk of a fund? (17:20) - What's the path forward to become a top brand name over the next decade? (20:12) - Is there any agreement that states the LP needs to go to you instead of the GP for questions or investments? (21:39) - How do you approve and vet sponsors? (24:57) - Have you seen institutional or family office capital get into crowdfunding? (25:55) - How do your REITs work? (29:09) - Is the push to have a more built out secondary market for LP's something on your radar? (30:55) - How do you approach Capital Call situations? (33:24) - What data are you looking at to prove the massive tailwinds for crowdfunding? (35:33) - Do you have to own a controlling position in the LP stack? (36:17) - How are you seeing most people show up in a deal? (37:44) - What's something you think deeply about that you want to see in the industry? The Fort is produced by Johnny Podcasts

Steve Robinson is the former CMO of Chick Fil A. and is currently a consultant, author, and speaker on organizational culture design & leadership, brand strategy development, marketing planning, and distinctive advertising principles. He is the former Executive Vice President and Chief Marketing Officer of Chick-fil-A, Inc., 1981-2015. Before joining the company, Steve was the director of marketing for Six Flags Over Georgia theme park in Atlanta, Georgia. This role was preceded by marketing positions at two other Six Flags properties and communications manager at Texas Instruments. After beginning his career at Chick-fil-A as director of marketing, Steve went on to serve as vice president of the department before becoming chief marketing officer. In his most recent role, he was responsible for overseeing marketing, advertising, brand development, menu development, and hospitality strategies. In addition to serving on Chick-fil-A's board of directors from 2016-2018, Steve serves on several boards for organizations and ministries, including FamilyLife, Fellowship of Christian Athletes of Atlanta, Links Players International, and Atlanta Hall Management & College Football Hall of Fame, and the National Football Foundation. He holds an associate degree in business administration from Faulkner State Junior College, a Bachelor of Science in marketing from Auburn University, and a master's in advertising from Medill School of Journalism at Northwestern University. Steve and his wife, Dianne, have two children and four grandchildren. In this episode, Chris and Steve discuss Why every company should have a purpose for existing. Hint: it's used to make decisions ;) The incredible story behind Chick Fil A's growth and the thriving culture that got them there. Hire people through a lens that "you'll work with them forever." Chick Fil A cows, "My Pleasure", and more. And more! Purchase Steve's Book here Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast (2:04) - How Steve got to Chick-fil-A (8:55) - What's your response to the fast-paced hiring processes of today's businesses? (11:37) - The purpose statement of Chick-Fil-A (23:21) - Why doesn't every company have a purpose statement? (27:59) - What do you tell to already established companies who want to totally rebuild their culture? (32:09) - Do you have an example of a major decision that was made or not made based on the company's purpose statement? (37:40) - Is there something different about today's culture that would make a culture like Chick-Fil-A's much harder to implement? (40:14) - Can selflessness be taught? (43:54) - Turnover is the #1 enemy of cultural sustainability (46:00) - How did the cows become the mascots? (53:41) - The CFA operator model (1:06:06) - The origin of “My Pleasure” The Fort is produced by Johnny Podcasts

Ryan Broderick is the Co-Founder & CEO of Darwin Homes. Darwin Homes is a real estate investment management platform focused on the single-family rental opportunity, enabling investors to invest anywhere simply with confidence. Darwin has raised just under $50m in venture capital from Khosla Ventures, Camber Creek, Fifth Wall, Canvas Ventures, Tony Xu, Ryan Graves, Ryan Roslansky, and other technology leaders. Prior to founding Darwin Homes, Ryan was part of the founding team at DoorDash. During his tenure at DoorDash, he built and led the first Launch team, which was tasked with scaling the DoorDash operation from Silicon Valley to over 250 cities in the US. He then went on to build the Merchant Team responsible for Business Development, Sales, Merchant Products, and Merchant Operations. Before DoorDash, Ryan worked at JUMP Investors, an early-stage VC firm led by Randall Kaplan, the Co-Founder of Akamai Technologies. Ryan holds a B.S from the University of Southern California and an MBA from Pepperdine University. In this episode, Chris and Ryan discuss: Lessons learned from being early at DoorDash and how he applied those principles to property management How they enter a market and all that happens How they've approached single-family property management from first principles to building revolutionary tools for owners Future opportunities that can be done when Darwin hits scale, including new resident monetization strategies Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris  Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/  Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast    (2:58) - Ryan's early career with Doordash (16:40) - What was the initial thesis for Darwin Homes? (26:55) - What does scale give Darwin that the local PM will never have? (30:55) - What do you mean by the Surface Area in Property Management? (32:40) - What does a great engineering culture look like? (36:13) - How does the best idea win when you're first building a product that needs to 10x? (38:58) - What happens from Day 0 of entering a new market?  (42:22) - How do you source vendors in a market? (48:00) - What makes a good city for Darwin to enter? (49:22) - Darwin's Build-to-rent operation (50:12) - Why do you have an acquisitions team within a property management company? (56:38) - Ryan's vision for Darwin (1:01:30) - How big is the SFR & BFR market getting?  (1:04:53) - What do institutional owners care about and what do retail owners care about? (1:08:11) - Are we moving to a world where people rent homes sight unseen?  (1:11:38) - Resident Monetization (1:15:10) - Is there room for managing homes for homeowners?  (1:19:31) - Do you have any desire to buy property managers in other markets?  (1:21:06) - Are the people you're hiring already in the PM industry? (1:23:11) - Thoughts on construction (1:27:03) - What are you seeing going on in VC given everything happening in the economy? (1:36:29) - Thoughts on Blue Collar work (1:47:19) - Shooting the shit and bouncing business ideas off each other