Podcasts about Lehman Brothers

Season 4, Episode 1: We're back with a brand-new season of No Cap — and we're starting big. Jack Stone and Alex Gornik sit down with Owen Thomas, CEO of BXP and the largest office landlord in the United States, to launch Season 4 in style. From a Virginia dairy farm to Morgan Stanley, Lehman Brothers, and now leading the country's largest office landlord, Owen shares the pivotal moments that shaped his career. He discusses succeeding Mort Zuckerman at BXP, the evolution of office demand, work-from-home and hybrid dynamics, BXP's 343 Madison project, and how AI may reshape the future of office space. TOPICS 00:10 – Introduction 01:00 – From Virginia roots to Morgan Stanley Real Estate 04:33 – Leading in Asia and the 2008 financial crisis 06:15 – Lehman Brothers board and the largest bankruptcy in history 14:36 – Rise of REITs and capital markets 15:42 – Taking over as CEO of BXP and succeeding Mort Zuckerman 21:05 – Office demand, work-from-home, and hybrid dynamics 30:00 – Gateway markets, regional differences, and 343 Madison 41:00 – Development challenges and suburban vs. urban performance 47:32 – AI's impact, leadership lessons, and the future of BXP Shoutout to our sponsor, Lev. The AI-powered way to get real estate deals financed. For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily  CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

 This week on the KPL Podcast, we sat down with debut author Ken Miller to discuss his novel High Finance. Miller delivers an eye-opening look at the financial world in the years leading up to the 2008 market crash. The story follows Jed Czincosca, a high-powered dealmaker who rises to the top of Wall Street by orchestrating multibillion-dollar transactions, indulging in drugs and alcohol, and trading on inside information. As Jed's wealth and influence grow, so do his reckless choices—until the day it all comes crashing down. Author ReadsA Wild Sheep Chase by Haruki MurakamiThe Thousand Autumns of Jacob De Zoet by David MitchellRules of Civility by Amor TowlesA Gentleman in Moscow by Amor TowlesThe Lincoln Highway by Amor TowlesJeeves and the Wedding Bells by Sebastian FaulksThe Story of a New Name by Elena FerranteUnplugged by Tom Freston

Issuing convertible derivatives can be a great way for companies to raise capital, but issuance can be complex and daunting. Today's guest, Syed "Raj" Imteaz, has made a career out of demystifying that process.Raj is the head of ICR's Convertible and Equity Derivatives Advisory. During his career at ICR, Barclays and Lehman Brothers, he has worked on more than 200 convertible and equity derivatives transactions, totalling over $125 billion in deal value. Raj joins us to discuss the state of the convert market, the importance of receiving unbiased advice, and the incredible ROI he and his team are able to provide clients.Highlights:The importance of convertible and equity derivatives advisors (2:24)How Raj's team helps companies save money (4:16)The power of the ICR platform (7:16)The importance of unbiased advice (11:50)What's behind the booming convert market? (15:09)Why some firms shy away from converts (18:13)Factors influencing the future convert market (20:18)Links:Syed "Raj" Imteaz LinkedInICR Convertible and Equity Derivatives AdvisoryICR LinkedInICR TwitterICR WebsiteFeedback:If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, joe@lowerstreet.co.

Jay Kwan, Managing Director and Head of Europe at QuadReal Property Group, joins me on the People Property Place Podcast  this week. We cover Jay's global journey from humble beginnings in LA, to Lehman Brothers, to leading international investment teams at Soros and TPG, and now spearheading QuadReal's growth across Europe. Jay shares hard-won lessons on capital cycles, navigating workouts, and building trust-based partnerships across multiple markets. He breaks down the thinking behind QuadReal's platform strategy, sector convictions, and how they deploy long-term capital flexibly across the risk curve. If you're interested in global real estate investing, institutional capital, platform-building, or market timing, this episode is worth your time. Key Topics Covered in This Episode: •          Breaking into real estate through Lehman Brothers and surviving the “Squid Game” analyst culling •          Gaining an edge through international experience across Asia, Europe, the US and Russia •          Learning through workouts, restructurings and JV fallouts that shaped his investment approach •          Building QuadReal in Europe from scratch. First hires, first deals, and their conviction-led strategy •          Why cultural and ethical alignment matter more than strategy •          Want to partner with QuadReal? Jay shares what they look for in an operating partner •          Navigating market uncertainty and geopolitical risk while staying agile •          The myth of permanence and how sectors can shift faster than expected ·    Why you shouldn't chase a pay cheque, instead focus on stacking skills, take international chances, and look for asymmetric opportunities. And finally... With £500m to invest, which People, what Property, and which Place would he choose? Enjoying the show? Follow and turn on notifications so you never miss an episode. The People Property Place Podcast  is powered by Rockbourne: Giving real estate investors a difficult choice, who to hire. If you're serious about hiring top real estate talent in 2025 and want to do it differently, DM me on LinkedIn. #realestate #privateequity #property #podcast #investor

Les rendements obligataires explosent, la dette française dérape, les banques tremblent et la politique parisienne ressemble plus à une roulette russe qu'à une gestion budgétaire.

Hoy en nuestro Club de Lectura exploramos las memorias de uno de los empresarios e inversionistas más influyentes del planeta: Lo que importa (What it Takes) de Stephen Schwarzman. Este libro, publicado en 2019, recoge la trayectoria del fundador y CEO de Blackstone, el mayor fondo de inversión en activos alternativos del mundo. Una historia de ambición, visión y resiliencia que combina negocios, emprendimiento, liderazgo y filantropía. . ¡A seguir aprendiendo! -------------------------------------------------------- Capítulos (00:00) Introducción al libro (04:48) Los inicios de Schwarzman y la mentalidad de emprendedor nato (09:14) Experiencias en Lehman Brothers: pensar en grande y cuidar los detalles (13:28) Fundación de Blackstone y el poder de soñar en grande (20:01) Cómo funcionan los Leverage Buyouts (LBOs) y la estrategia de Blackstone (24:48) Caso Hilton y retornos astronómicos en inversión (30:04) La filosofía de inversión: nunca perder dinero y decisiones en equipo (39:04) El IPO de Blackstone y la fortuna del timing perfecto (46:10) Resiliencia y el rol del dolor en el camino emprendedor (49:19) El crecimiento de Blackstone: de $200,000 a 1.2 billones bajo gestión (53:01) La educación y la filantropía como pilares de Schwarzman (1:00:10) Reto: pensar en grande, actuar con propósito y buscar impacto positivo

Blockbuster, Lehman Brothers, WeWork. The names are familiar, but the financial stories behind their collapse are often a mystery. In this deep dive, we go beyond the headlines to pull out the crucial lessons in corporate bankruptcy and insolvency for every finance professional.We'll equip you with the foresight to spot financial distress long before it's too late. This episode is a practical guide to the warning signs, key ratios, and high-stakes decisions that define a company's fight for survival.This episode covers:The Two Types of Insolvency: Understanding the difference between a paper problem (balance sheet insolvency) and an immediate cash crisis (cash flow insolvency).Early Warning Signs: The hairline cracks to look for, from declining gross margins and rising debt ratios to subtle behavioral red flags.Lessons from Major Failures: Why unchecked leverage sank Lehman Brothers, how debt suffocated Toys R Us, and why growth for growth's sake was a ticking time bomb for WeWork.The Crisis War Room: What it's like inside the finance department when a company is in distress and how functions like FP&A and Treasury become the absolute nerve center.Critical KPIs: The five non-negotiable metrics to monitor relentlessly, including the Altman Z-score, and why liquidity is a company's oxygen supply.This episode will give you a new lens to view corporate health and help you bring crucial, strategic insight to your organization.

In this episode, Jared Dillian returns to the podcast. We've talked before and I encourage you to check out those episodes, discussing his short story collection (Night Moves) and his personal finance book, No worries. For those unfamiliar with his work, Jared was previously a trader at Lehman Brothers, writes the Daily Dirtnap financial newsletter, and is a prolific writer. Today we're talking about a little about finance and his latest essay collection, Rule 62: Meditations on Success and Spirituality.LinksRule 62: Meditations on Success and Spirituality: https://www.amazon.com/Rule-62-Meditations-Success-Spirituality-ebook/dp/B0F7RPZYV3DisclaimerNothing on this substack is investment advice.The information in this article is for information and discussion purposes only. It does not constitute a recommendation to purchase or sell any financial instruments or other products. Investment decisions should not be made with this article and one should take into account the investment objectives or financial situation of any particular person or institution.Investors should obtain advice based on their own individual circumstances from their own tax, financial, legal, and other advisers about the risks and merits of any transaction before making an investment decision, and only make such decisions on the basis of the investor's own objectives, experience, and resources.The information contained in this article is based on generally-available information and, although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured, and such information may be incomplete or condensed.Investments in financial instruments or other products carry significant risk, including the possible total loss of the principal amount invested. This article and its author do not purport to identify all the risks or material considerations that may be associated with entering into any transaction. This author accepts no liability for any loss (whether direct, indirect, or consequential) that may arise from any use of the information contained in or derived from this website. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.securityanalysis.org/subscribe

Rankings aren't just a scoreboard. They're a map. Dealroom's Yoram Wijngaarde and StartupBlink's Eli David Rokah join the show to unpack ecosystem momentum, enterprise-value growth, and the business-environment factors that move founders, corporates, and capital. We read the global rankings with Austin as a live case study, setting its momentum against incumbent hubs to find the signal in the noise.  Highlights00:59 Momentum as design choice in rankings 03:22 Enterprise-value growth vs VC funding07:30 Austin's outlier growth among peers11:15   Rankings: conversation starter, decision tool 23:22 Policy mistakes become tailwinds29:05 Clusters, super-regions, friction costs37:15  Austin ranked 4th US, 5th global42:47 AI shocks ecosystem volatility 44:06 What's Next Austin?Guest BiosYoram Wijngaard:  Founder of Dealroom.co which was launched in 2014 to provide intelligence about the world's most promising startups and ecosystems. Before founding Dealroom, Yoram was an investment banker at Lehman Brothers, Nomura Securities and NOAH Advisors in New York and London. Yoram has a cum laude Master's degree in Economics from the University of Amsterdam.Eli David Rokah:  Founder and CEO of StartupBlink, advising governments and corporates worldwide and publishing the Global Startup Ecosystem Index.Guest LinksYoram Wijngaard: X, LinkedInDealroom: Website, The Global Tech Ecosystem Index 2025Eli David Rokah: X, LinkedInStartupblink: Website, The Global Startup Ecosystem Index Report 2025 -------------------Austin Next Links: Website, X/Twitter, YouTube, LinkedInEcosystem Metacognition Substack

Neste episódio histórico do Market Makers, Thiago Salomão e André Jakurski recebem a lenda viva dos investimentos, Howard Marks, cofundador da Oaktree Capital. Em uma conversa franca e direta, Marks analisa o cenário atual e revela por que, embora o mercado não esteja em uma bolha catastrófica, o otimismo excessivo tornou os ativos caros e o momento exige uma postura de defesa, não de agressividade. Ele explica que a psicologia humana é o que move os ciclos e que os bancos centrais podem adiar, mas não eliminar para sempre, as recessões — e o adiamento pode tornar a próxima queda ainda mais forte.Howard Marks também aponta onde podem estar as verdadeiras oportunidades hoje: em ativos e mercados que ninguém quer. Ele ensina que os maiores retornos vêm de "fazer as coisas que as outras pessoas não querem fazer". Além disso, ele usa uma analogia genial com o futebol brasileiro para explicar como um investidor deve montar sua carteira para jogar no ataque e na defesa ao mesmo tempo, já que no mercado não há um juiz para parar o jogo e permitir substituições. Por fim, ele compartilha histórias incríveis sobre como a sorte, como não ser contratado pelo Lehman Brothers, foi fundamental para construir sua carreira bilionária. Uma verdadeira aula sobre risco, ciclos e a mentalidade correta para prosperar no longo prazo.

In this episode of Investor Connect, Paul Martin sits down with Stephen Diggle, founder of Vulpes Investment Management. From his country house in Umbria, Italy, Stephen recounts his journey from running one of Asia's largest hedge funds during the 2008 financial crisis to managing a family office-backed investment firm. He explains why they decided to pivot to a family office model following the immense success of their long volatility and short credit strategy, generating $3 billion for their investors in just 14 months.  Stephen also dives into volatility trends, the significance of tail risk strategies, and why he's reopening volatility funds in response to potential market volatility under the Trump administration and growing market complacency. Stephen elaborates on the mechanics and importance of tail risk strategies, sharing insights from his 2008 experience, including their lucrative hedge against Lehman Brothers' collapse. He discusses how such strategies find opportunities where sellers underestimate catastrophic risks, providing a non-correlated hedge against market downturns. Steve also highlights the lessons learned from the 2008 financial crisis, emphasizing the need for diversifying investments into tangible assets like land and gold. Finally, the conversation touches on the current trends in volatility and the impact of passive investing on market stability. Stephen warns of the potential risks posed by an over-reliance on passive strategies and dynamic hedging, suggesting a reevaluation of traditional diversification assumptions. As markets reach all-time highs, he stresses the importance of preparing for unexpected market shifts.  Visit Vulpes Investment Management at ,   Reach out to at   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

This week in the guest chair we have Kareem Edwards, one of the very first men to grace the Side Hustle Pro guest chair! Hailing from Far Rockaway, Queens, Kareem got his start in major corporate roles at Lehman Brothers, Kraft Heinz, and Google—all while dreaming of owning a business. Kareem decided to pursue franchising and balanced a 9-to-5 at Google while working nights at a Chick-fil-A to master the day-to-day operations.In this episode she shares:The importance of community impact, creating an empowering work culture, and leading with empathyKey lessons on staffing, building trust, and innovating with different revenue channelsThe art of balancing grit and grace when trying to grow your businessHighlights include: 00:00 Intro03:00 Early career in finance09:00 Discovering Chik-Fil-a franchising 17:00 Choosing the right location25:00 Opening during a pandemic34:00 Staffing strategies43:00 Leaving a steady paycheck46:00 Expanding sales methods52:00 Tips for entrepreneursCheck out episode 474 of Side Hustle Pro podcast out now on Apple Podcasts, Spotify, and YouTube Links mentioned in this episodeKareem's Instagram: https://www.instagram.com/kareemjedwards/ Kareem's LinkedIn: https://www.linkedin.com/in/kareemedwards Posse Foundation: https://www.possefoundation.org/ Chick-fil-a Franchising: https://www.chick-fil-a.com/franchising Chat GPT: https://chat.openai.com/ Uncle Nearest: https://unclenearest.com/ Click here to subscribe via RSS feed (non-iTunes feed): http://sidehustlepro.libsyn.com/rssAnnouncementsJoin our Facebook CommunityIf you're looking for a community of supportive side hustlers who are all working to take our businesses to the next level, join us here: http://sidehustlepro.co/facebook Hosted on Acast. See acast.com/privacy for more information.

Wie schafft es eine ziemlich junge Finanzpublikation, Anlegern jeden Tag Nutzwert-Geschichten zu liefern, die sich idealerweise nicht in Rappen oder Cent, sondern Franken und Euro auszahlen? Diese Frage stellten Ali und Björn, Mark Böschen von „The Market“. Die Antwort des Leiters des deutschen Büros des Online-Magazins: Den täglichen Lärm der Märkte ausblenden und sich aufs Wesentliche („Big Picture“) konzentrieren. Die Aufgabe ist anspruchsvoll, denn es geht auch um Aktien-Empfehlungen, früher bei Anlegermagazinen gängige Praxis, heute in Zeiten von MiFID, keine Selbstverständlichkeit. The Market, gegründet von einem Team um Mark Dittli aus dem Dunstkreis des Magazins „Finanz und Wirtschaft“, muss sich nicht nur gegen etablierte Wirtschaftspublikationen durchsetzen, sondern mit seinen Aktienempfehlungen gegen Goldman Sachs und Co. antreten. Anhand des Beispiels von Rüstungs-ETFs stellt Mark die These auf, dass die meisten Anleger nicht tief genug schürfen und die Konstruktions-Widersprüche vieler Finanzinstrumente ignorieren. So ganz falsch scheinen Dittli und Kollegen nicht zu liegen: Inzwischen segelt The Market als selbstständige Tochter unter der Flagge der altehrwürdigen NZZ. Literaturtipps: Ali hat mit großem Genuss Bernhard Schlinks Roman „Das späte Leben“ gelesen, Björn legt den Hörerinnen und Hörern "Künstliche Intelligenz: Dem Menschen überlegen – wie KI uns rettet und bedroht" von Manfred Spitzer nahe; Mark empfiehlt das Buch „How to listen when Markets speak“ von Larry McDonald, ehemals Renten-Händler bei Lehman Brothers, über die Entwicklung der Struktur der Kapitalmärkte in den vergangenen Jahrzehnten.

The Storm does not cover athletes or gear or hot tubs or whisky bars or helicopters or bros jumping off things. I'm focused on the lift-served skiing world that 99 percent of skiers actually inhabit, and I'm covering it year-round. To support this mission of independent ski journalism, please subscribe to the free or paid versions of the email newsletter.WhoGreg Pack, President and General Manager of Mt. Hood Meadows, OregonRecorded onApril 28, 2025About Mt. Hood MeadowsClick here for a mountain stats overviewOwned by: The Drake Family (and other minority shareholders)Located in: Mt. Hood, OregonYear founded: 1968Pass affiliations:* Indy Pass – 2 days, select blackouts* Indy+ Pass – 2 days, no blackoutsClosest neighboring U.S. ski areas: Summit (:17), Mt. Hood Skibowl (:19), Cooper Spur (:23), Timberline (:26)Base elevation: 4,528 feetSummit elevation: 7,305 feet at top of Cascade Express; 9,000 feet at top of hike-to permit area; 11,249 feet at summit of Mount HoodVertical drop: 2,777 feet lift-served; 4,472 hike-to inbounds; 6,721 feet from Mount Hood summitSkiable acres: 2,150Average annual snowfall: 430 inchesTrail count: 87 (15% beginner, 40% intermediate, 15% advanced, 30% expert)Lift count: 11 (1 six-pack, 5 high-speed quads, 1 fixed-grip quad, 3 doubles, 1 carpet – view Lift Blog's inventory of Mount Hood Meadows' lift fleet)About Cooper SpurClick here for a mountain stats overviewOwned by: The Drake FamilyLocated in: Mt. Hood, OregonYear founded: 1927Pass affiliations: Indy Pass, Indy+ Pass – 2 days, no blackoutsClosest neighboring U.S. ski areas: Mt. Hood Meadows (:22), Summit (:29), Mt. Hood Skibowl (:30), Timberline (:37)Base elevation: 3,969 feetSummit elevation: 4,400 feetVertical drop: 431 feetSkiable acres: 50Average annual snowfall: 250 inchesTrail count: 9 (1 most difficult, 7 more difficult, 1 easier)Lift count: 2 (1 double, 1 ropetow – view Lift Blog's inventory of Cooper Spur's lift fleet)Why I interviewed himVolcanoes are weird. Oh look, an exploding mountain. Because that seems reasonable. Volcanoes sound like something imagined, like dragons or teleportation or dinosaurs*. “So let me get this straight,” I imagine some puzzled Appalachian miner, circa 1852, responding to the fellow across the fire as he tells of his adventures in the Oregon Territory, “you expect me to believe that out thataways they got themselves mountains that just blow their roofs off whenever they feel like it, and shoot off fire and rocks and gas for 50 mile or more, and no one never knows when it's a'comin'? You must think I'm dumber'n that there tree stump.”Turns out volcanoes are real. How humanity survived past day one I have no idea. But here we are, skiing on volcanoes instead of tossing our virgins from the rim as a way of asking the nice mountain to please not explode (seriously how did anyone make it out of the past alive?).And one of the volcanoes we can ski on is Mount Hood. This actually seems more unbelievable to me than the concept of a vengeful nuclear mountain. PNW Nature Bros shield every blade of grass like they're guarding Fort Knox. When, in 2014, federal scientists proposed installing four monitoring stations on Hood, which the U.S. Geological Survey ranks as the sixth-highest threat to erupt out of America's 161 active volcanoes, these morons stalled the process for six years. “I think it is so important to have places like that where we can just step back, out of respect and humility, and appreciate nature for what it is,” a Wilderness Watch official told The New York Times. Personally I think it's so important to install basic monitoring infrastructure so that thousands of people are not incinerated in a predictable volcanic eruption. While “Japan, Iceland and Chile smother their high-threat volcanoes in scientific instruments,” The Times wrote, American Granola Bros say things like, “This is more proof that the Forest Service has abandoned any pretense of administering wilderness as per the letter or spirit of the Wilderness Act.” And Hood and the nation's other volcanoes cackle madly. “These idiots are dumber than the human-sacrifice people,” they say just before belching up an ash cloud that could take down a 747. When officials finally installed these instrument clusters on Hood in 2020, they occupied three boxes that look to be approximately the size of a convenience-store ice freezer, which feels like an acceptable trade-off to mass death and airplanes falling out of the sky.I know that as an outdoor writer I'm supposed to be all pissed off if anyone anywhere suggests any use of even a centimeter of undeveloped land other than giving it back to the deer in a treaty printed on recycled Styrofoam and signed with human blood to symbolize the life we've looted from nature by commandeering 108 square feet to potentially protect millions of lives from volcanic eruption, but this sort of trivial protectionism and willful denial that humans ought to have rights too is the kind of brainless uncompromising overreach that I fear will one day lead to a massive over-correction at the other extreme, in which a federal government exhausted with never being able to do anything strips away or massively dilutes land protections that allow anyone to do anything they can afford. And that's when we get Monster Pete's Arctic Dune Buggies setting up a casino/coal mine/rhinoceros-hunting ranch on the Eliot Glacier and it's like thanks Bros I hope that was worth it to stall the placement of gardenshed-sized public safety infrastructure for six years.Anyway, given the trouble U.S. officials have with installing necessary things on Mount Hood, it's incredible how many unnecessary ones our ancestors were able to build. But in 1927 the good old boys hacked their way into the wilderness and said, “by gum what a spot for snoskiing” and built a bunch of ski areas. And today 31 lifts serve four Mt. Hood ski areas covering a combined 4,845 acres:Which I'm just like, do these Wilderness Watch people not know about this? Perhaps if this and similar groups truly cared about the environmental integrity of Mount Hood they would invest their time, energy, and attention into a long-term regional infrastructure plan that identified parcels for concentrated mixed-use development and non-personal-car-based transit options to mitigate the impact of thousands of skiers traveling up the mountain daily from Portland, rather than in delaying the installation of basic monitoring equipment that notifies humanity of a civilization-shattering volcanic eruption before it happens. But then again I am probably not considering how this would impact the integrity of squirrel poop decomposition below 6,000 feet and the concomitant impacts on pinestand soil erosion which of course would basically end life as we know it on planet Earth.OK this went sideways let me try to salvage it.*Whoops I know dinosaurs were real; I meant to write “the moon landing.” How embarrassing.What we talked aboutA strong 2024-25; recruiting employees in mountains with little nearby housing; why Meadows doesn't compete with Timberline for summer skiing; bye-bye Blue double, Meadows' last standing opening-year chairlift; what it takes to keep an old Riblet operating; the reliability of old versus new chairlifts; Blue's slow-motion demolition and which relics might remain long term; the logic of getting a free anytime buddy lift ticket with your season pass; thoughts on ski area software providers that take a percentage of all sales; why Meadows and Cooper Spur have no pass reciprocity; the ongoing Cooper Spur land exchange; the value of Cooper Spur and Summit on a volcano with three large ski areas; why Meadows hasn't backed away from reciprocal agreements; why Meadows chose Indy over Epic, Ikon, or Mountain Collective; becoming a ski kid when you're not from a ski family; landing at Mountain Creek, New Jersey after a Colorado ski career; how Moonlight Basin started as an independent ski area and eventually became part of Big Sky; the tension underlying Telluride; how the Drake Family, who has managed the ski area since inception, makes decisions; a board that reinvests 100 percent of earnings back into the mountain; why we need large independents in a consolidating world; being independent is “our badge of honor”; whether ownership wants to remain independent long term; potential next lift upgrades; a potential all-new lift line and small expansion; thoughts on a better Heather lift; wild Hood weather and the upper limits of lift service; considering surface lifts on the upper mountain; the challenges of running Cascade Express; the future of the Daisy and Easy Rider doubles; more potential future expansion; and whether we could ever see a ski connection with Timberline Lodge.Why now was a good time for this interviewIt's kind of dumb that 210 episodes into this podcast I've only recorded one Oregon ep: Timberline Lodge President Jeff Kohnstamm, more than three years ago. While Oregon only has 11 active ski areas, and the state ranks 11th-ish in skier visits, it's an important ski state. PNW skiers treat skiing like the Northeast treats baseball or the Midwest treats football or D.C. treats politics: rabid beyond reason. That explains the eight Idaho pods and half dozen each in Washington and B.C. These episodes hit like a hash stand at a Dead show. So why so few Oregon eps?Eh, no reason in particular. There isn't a ski area in North America that I don't want to feature on the podcast, but I can't just order them online like a pizza. Relationships, more than anything, drive the podcast, and The Storm's schedule is primarily opportunity driven. I invite folks on as I meet them or when they do something cool. And sometimes we can connect right away and sometimes it takes months or even years, even if they want to do it. Sometimes we're waiting on contracts or approvals so we can discuss some big project in depth. It can take time to build trust, or to convince a non-podcast person that they have a great story to tell.So we finally get to Meadows. Not to be It-Must-Be-Nice Bro about benefits that arise from clear deliberate life choices, but It must be nice to live in the PNW, where every city sits within 90 minutes of a ripping, open-until-Memorial-Day skyscraper that gets carpet bombed with 400 annual inches but receives between one and four out-of-state visitors per winter. Yeah the ski areas are busy anyway because they don't have enough of them, but busy with Subaru-driving Granola Bros is different than busy with Subaru-driving Granola Bros + Texas Bro whose cowboy boots aren't clicking in right + Florida Bro who bought a Trans Am for his boa constrictor + Midwest Bro rocking Olin 210s he found in Gramp's garage + Hella Rad Cali Bro + New Yorker Bro asking what time they groom Corbet's + Aussie Bro touring the Rockies on a seven-week long weekend + Euro Bro rocking 65 cm underfoot on a two-foot powder day. I have no issue with tourists mind you because I am one but there is something amazing about a ski area that is gigantic and snowy and covered in modern infrastructure while simultaneously being unknown outside of its area code.Yes this is hyperbole. But while everyone in Portland knows that Meadows has the best parking lot views in America and a statistical profile that matches up with Beaver Creek and as many detachable chairlifts as Snowbasin or Snowbird and more snow than Steamboat or Jackson or Palisades or Pow Mow, most of the rest of the world doesn't, and I think they should.Why you should ski Mt. Hood Meadows and Cooper SpurIt's interesting that the 4,845 combined skiable acres of Hood's four ski areas are just a touch larger than the 4,323 acres at Mt. Bachelor, which as far as I know has operated as a single interconnected facility since its 1958 founding. Both are volcanoes whose ski areas operate on U.S. Forest Service land a commutable distance from demographically similar markets, providing a case study in distributed versus centralized management.Bachelor in many ways delivers a better experience. Bachelor's snow is almost always drier and better, an outlier in the kingdom of Cascade Concrete. Skiers can move contiguously across its full acreage, an impossible mission on Balkanized Hood. The mountain runs an efficient, mostly modern 15 lifts to Hood's wild 31, which includes a dozen detachables but also a half dozen vintage Riblet doubles with no safety bars. Bachelor's lifts scale the summit, rather than stopping thousands of feet short as they do on Hood. While neither are Colorado-grade destination ski areas, metro Portland is stuffed with 25 times more people than Bend, and Hood ski areas have an everbusy feel that skiers can often outrun at Bachelor. Bachelor is closer to its mothership – just 26 minutes from Bend to Portland's hour-to-two-hour commutes up to the ski areas. And Bachelor, accessible on all versions of the Ikon Pass and not hamstrung by the confusing counter-branding of multiple ski areas with similar names occupying the same mountain, presents a more clearcut target for the mainstream skier.But Mount Hood's quirky scatterplot ski centers reward skiers in other ways. Four distinct ski areas means four distinct ski cultures, each with its own pace, purpose, customs, traditions, and orientation to the outside world. Timberline Lodge is a funky mix of summertime Bro parks, Government Camp greens, St. Bernards, and its upscale landmark namesake hotel. Cooper Spur is tucked-away, low-key, low-vert family resort skiing. Meadows sprawls, big and steep, with Hood's most interesting terrain. And low-altitude, closest-to-the-city Skibowl is night-lit slowpoke with a vintage all-Riblet lift fleet. Your Epic and Ikon passes are no good here, though Indy gets you Meadows and Cooper Spur. Walk-up lift tickets (still the only way to buy them at Skibowl), are more tier-varied and affordable than those at Bachelor, which can exceed $200 on peak days (though Bachelor heavily discounts access to its beginner lifts, with free access to select novice areas). Bachelor's $1,299 season pass is 30 percent more expensive than Meadows'.This dynamic, of course, showcases single-entity efficiency and market capture versus the messy choice of competition. Yes Free Market Bro you are right sometimes. Hood's ski areas have more inherent motivators to fight on price, forge allegiances like the Timberline-Skibowl joint season pass, invest in risks like night and summer skiing, and run wonky low-tide lift ticket deals. Empowering this flexibility: all four Hood ski areas remain locally owned – Meadows and T-Line by their founding families. Bachelor, of course, is a fiefdom of Park City, Utah-based Powdr, which owns a half-dozen other ski areas across the West.I don't think that Hood is better than Bachelor or that Bachelor is better than Hood. They're different, and you should ski both. But however you dissect the niceties of these not-really-competing-but-close-enough-that-a-comarison-makes-sense ski centers, the on-the-ground reality adds up to this: Hood locals, in general, are a far more contented gang than Bachelor Bros. I don't have any way to quantify this, and Bachelor has its partisans. But I talk to skiers all over the country, all the time. Skiers will complain about anything, and online guttings of even the most beloved mountains exist. But talk to enough people and strong enough patterns emerge to understand that, in general, locals are happy with Mammoth and Alpine Meadows and Sierra-at-Tahoe and A-Basin and Copper and Bridger Bowl and Nub's Nob and Perfect North and Elk and Plattekill and Berkshire East and Smuggs and Loon and Saddleback and, mostly, the Hood ski areas. And locals are generally less happy with Camelback and Seven Springs and Park City and Sunrise and Shasta and Stratton and, lately, former locals' faves Sugarbush and Wildcat. And, as far as I can tell, Bachelor.Potential explanations for Hood happiness versus Bachelor blues abound, all of them partial, none completely satisfactory, all asterisked with the vagaries of skiing and skiers and weather and luck. But my sense is this: Meadows, Timberline, and Skibowl locals are generally content not because they have better skiing than everyplace else or because their ski areas are some grand bargain or because they're not crowded or because they have the best lift systems or terrain parks or grooming or snow conditions, but because Hood, in its haphazard and confounding-to-outsiders borders and layout, has forced its varied operators to hyper-adapt to niche needs in the local market while liberating them from the all-things-to-everyone imperative thrust on isolated operations like Bachelor. They have to decide what they're good at and be good at that all the time, because they have no other option. Hood operators can't be Vail-owned Paoli Peaks, turning in 25-day ski seasons and saying well it's Indiana what do you expect? They have to be independent Perfect North, striving always for triple-digit operating days and saying it's Indiana and we're doing this anyway because if we don't you'll stop coming and we'll all be broke.In this way Hood is a snapshot of old skiing, pre-consolidation, pre-national pass, pre-social media platforms that flung open global windows onto local mountains. Other than Timberline summer parks no one is asking these places to be anything other than very good local ski areas serving rabid local skiers. And they're doing a damn good job.Podcast NotesOn Meadows and Timberline Lodge opening and closing datesOne of the most baffling set of basic facts to get straight in American skiing is the number of ski areas on Mount Hood and the distinction between them. Part of the reason for this is the volcano's famous summer skiing, which takes place not at either of the eponymous ski areas – Mt. Hood Meadows or Mt. Hood Skibowl – but at the awkwardly named Timberline Lodge, which sounds more like a hipster cocktail lounge with a 19th-century fur-trapper aesthetic than the name of a ski resort (which is why no one actually calls it “Timberline Lodge”; I do so only to avoid confusion with the ski area in West Virginia, because people are constantly getting Appalachian ski areas mixed up with those in the Cascades). I couldn't find a comprehensive list of historic closing dates for Meadows and Timberline, but the basic distinction is this: Meadows tends to wrap winter sometime between late April and late May. Timberline goes into August and beyond when it can. Why doesn't Meadows push its season when it is right next door and probably could? We discuss in the pod.On Riblet clipsFun fact about defunct-as-a-company-even-though-a-couple-hundred-of-their-machines-are-still-spinning Riblet chairlifts: rather than clamping on like a vice grip, the end of each chair is woven into the rope via something called an “insert clip.” I wrote about this in my Wildcat pod last year:On Alpental Chair 2A small but vocal segment of Broseph McBros with nothing better to do always reflexively oppose the demolition of legacy fixed-grip lifts to make way for modern machines. Pack does a great job laying out why it's harder to maintain older chairlifts than many skiers may think. I wrote about this here:On Blue's breakover towers and unload rampWe also dropped photos of this into the video version of the pod:On the Cooper Spur land exchangeHere's a somewhat-dated and very biased-against-the-ski-area infographic summarizing the proposed land swap between Meadows and the U.S. Forest Service, from the Cooper Spur Wild & Free Coalition, an organization that “first came together in 2002 to fight Mt. Hood Meadows' plans to develop a sprawling destination resort on the slopes of Mt. Hood near Cooper Spur”:While I find the sanctimonious language in this timeline off-putting, I'm more sympathetic to Enviro Bro here than I was with the eruption-detection controversy discussed up top. Opposing small-footprint, high-impact catastrophe-monitoring equipment on an active volcano to save five bushes but potentially endanger millions of human lives is foolish. But checking sprawling wilderness development by identifying smaller parcels adjacent to already-disturbed lands as alternative sites for denser, hopefully walkable, hopefully mixed-use projects is exactly the sort of thing that every mountain community ought to prioritize.On the combination of Summit and Timberline LodgeThe small Summit Pass ski area in Government Camp operated as an independent entity from its 1927 founding until Timberline Lodge purchased the ski area in 2018. In 2021, the owners connected the two – at least in one direction. Skiers can move 4,540 vertical feet from the top of Timberline's Palmer chair to the base of Summit. While Palmer tends to open late in the season and Summit tends to close early, and while skiers will have to ride shuttles back up to the Timberline lifts until the resort builds a much anticipated gondola connecting the full height, this is technically America's largest lift-served vertical drop.On Meadows' reciprocalsMeadows only has three season pass reciprocal partners, but they're all aspirational spots that passholders would actually travel for: Baker, Schweitzer, and Whitefish. I ask Pack why he continues to offer these exchanges even as larger ski areas such as Brundage and Tamarack move away from them. One bit of context I neglected to include, however, is that neighboring Timberline Lodge and Mount Hood Skibowl not only offer a joint pass, but are longtime members of Powder Alliance, which is an incredible regional reciprocal pass that's free for passholders at any of these mountains:On Ski Broadmoor, ColoradoColorado Springs is less convenient to skiing than the name implies – skiers are driving a couple of hours, minimum, to access Monarch or the Summit County ski areas. So I was surprised, when I looked up Pack's original home mountain of Ski Broadmoor, to see that it sat on the city's outskirts:This was never a big ski area, with 600 vertical feet served by an “America The Beautiful Lift” that sounds as though it was named by Donald Trump:The “famous” Broadmoor Hotel built and operated the ski area, according to Colorado Ski History. They sold the hotel in 1986 to the city, which promptly sold it to Vail Associates (now Vail Resorts), in 1988. Vail closed the ski area in 1991 – the only mountain they ever surrendered on. I'll update all my charts and such to reflect this soon.On pre-high-speed KeystoneIt's kind of amazing that Keystone, which now spins seven high-speed chairlifts, didn't install its first detachable until 1990, nearly a decade after neighboring Breckenridge installed the world's first, in 1981. As with many resorts that have aggressively modernized, this means that Keystone once ran more chairlifts than it does today. When Pack started his ski career at the mountain in 1989, Keystone ran 10 frontside aerial lifts (8 doubles, 1 triple, 1 gondola) compared to just six today (2 doubles, 2 sixers, a high-speed quad, and a higher-capacity gondy).On Mountain CreekI've talked about the bananas-ness of Mountain Creek many times. I love this unhinged New Jersey bump in the same way I loved my crazy late uncle who would get wasted at the Bay City fireworks and yell at people driving Toyotas to “Buy American!” (This was the ‘80s in Michigan, dudes. I don't know what to tell you. The auto industry was falling apart and everybody was tripping, especially dudes who worked in – or, in my uncle's case, adjacent to (steel) – the auto industry.)On IntrawestOne of the reasons I did this insane timeline project was so that I would no longer have to sink 30 minutes into Google every time someone said the word “Intrawest.” The timeline was a pain in the ass, but worth it, because now whenever I think “wait exactly what did Intrawest own and when?” I can just say “oh yeah I already did that here you go”:On Moonlight Basin and merging with Big SkyIt's kind of weird how many now-united ski areas started out as separate operations: Beaver Creek and Arrowhead (merged 1997), Canyons and Park City (2014), Whistler and Blackcomb (1997), Alpine Meadows and Squaw Valley (connected via gondola in 2022), Carinthia and Mount Snow (1986), Sugarbush and Mount Ellen (connected via chairlift in 1995). Sometimes – Beaver Creek, Mount Snow – the terrain and culture mergers are seamless. Other times – Alpine and the Palisades side of what is now Palisades Tahoe – the connection feels like opening a store that sells four-wheelers and 74-piece high-end dinnerware sets. Like, these things don't go together, Man. But when Big Sky absorbed Moonlight Basin and Spanish Peaks in 2013, everyone immediately forgot that it was ever any different. This suggests that Big Sky's 2032 Yellowstone Club acquisition will be seamless.**Kidding, Brah. Maybe.On Lehman BrothersNearly two decades later, it's still astonishing how quickly Lehman Brothers, in business for 158 years, collapsed in 2008.On the “mutiny” at TellurideEvery now and then, a reader will ask the very reasonable question about why I never pay any attention to Telluride, one of America's great ski resorts, and one that Pack once led. Mostly it's because management is unstable, making long-term skier experience stories of the sort I mostly focus on hard to tell. And management is mostly unstable because the resort's owner is, by all accounts, willful and boorish and sort of unhinged. Blevins, in The Colorado Sun's “Outsider” newsletter earlier this week:A few months ago, locals in Telluride and Mountain Village began publicly blasting the resort's owner, a rare revolt by a community that has grown weary of the erratic Chuck Horning.For years, residents around the resort had quietly lamented the antics and decisions of the temperamental Horning, the 81-year-old California real estate investor who acquired Telluride Ski & Golf Resort in 2004. It's the only resort Horning has ever owned and over the last 21 years, he has fired several veteran ski area executives — including, earlier this year, his son, Chad.Now, unnamed locals have launched a website, publicly detailing the resort owner's messy management of the Telluride ski area and other businesses across the country.“For years, Chuck Horning has caused harm to us all, both individually and collectively,” reads the opening paragraph of ChuckChuck.ski — which originated when a Telluride councilman in March said that it was “time to chuck Chuck.” “The community deserves something better. For years, we've whispered about the stories, the incidents, the poor decisions we've witnessed. Those stories should no longer be kept secret from everyone that relies on our ski resort for our wellbeing.”The chuckchuck.ski site drags skeletons out of Horning's closet. There are a lot of skeletons in there. The website details a long history of lawsuits across the country accusing Horning and the Newport Federal Financial investment firm he founded in 1970 of fraud.It's a pretty amazing site.On Bogus BasinI was surprised that ostensibly for-profit Meadows regularly re-invests 100 percent of profits into the ski area. Such a model is more typical for explicitly nonprofit outfits such as Bogus Basin, Idaho. Longtime GM Brad Wilson outlined how that ski area functions a few years back:The Storm explores the world of lift-served skiing year-round. Join us. Get full access to The Storm Skiing Journal and Podcast at www.stormskiing.com/subscribe

Brought to you by the Founders Unfiltered podcast by A Junior VC - Unscripted conversations with Indian founders about their story and the process of building a company. Hosted by Aviral and Mazin.Join us as we talk to Nikhil Barshikar, the Founder and CEO of Imarticus Learning about their story.Nikhil holds a Bachelor's degree in Finance and Economics from Rutgers University and an MBA from London Business School.He has held leadership roles including Vice President at Lehman Brothers and Nomura India, Executive Director at Nomura Securities, and Investment Committee Member at BLinC Invest. In 2012, he went on to found Imarticus Learning.

Are you overlooking the one thing that could make or break your next real estate investment? Most investors spend hours underwriting deals, but few dive deep into the debt structure, a critical part of the capital stack that can significantly impact returns and risk. In this episode, Jeannette Friedrich is joined by Sean Kelly Rand, Managing Partner at RD Advisors and former Lehman Brothers executive, to unpack the realities of bridge lending, where the market might be heading, and what passive investors need to know now. Whether you're investing in multifamily, underwriting your next acquisition, or simply trying to better understand capital structures, this conversation will leave you smarter. Key Takeaways: Why most real estate investors ignore debt structure at their own peril, and how to fix that. Sean's firsthand insights from Lehman Brothers and the GFC, and why some current trends feel uncomfortably familiar. The case for senior bridge debt in today's market: what makes it attractive and how borrowers are using it to gain an edge. Why recapitalisations and mezzanine debt are becoming key opportunities in the Boston market. A lender's perspective on the hidden risks in today's housing market, including mortgage duration risk and credit delinquencies. The major differences between institutional Wall Street deals and small balance lending, and why branding and B2C strategy now matter for lenders. A breakdown of judicial vs. non-judicial foreclosure markets, and why they shape where lenders choose to operate. Where private credit is misunderstood: Sean's response to Jamie Dimon's warnings, and why not all private credit is created equal. Advice for passive investors: how to identify when a bridge loan is helping the business plan or hurting it. This episode is essential listening for real estate investors looking to build smarter capital stacks and understand how financing decisions drive risk and return. Timestamps 00:00 Introduction and Guest Background 01:24 Early Career and Real Estate Insights 07:44 Market Analysis and Lending Strategies 24:12 Understanding Senior Debt and Bridge Loans 26:47 Transitioning from Wall Street to Everyday Lending 33:26 The Future of Private Lending and Market Insights Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *

What if the smartest career move you could make looked like a step backwards? In this episode, Keith Gaub, Vice President and Assistant Treasurer at Bristol-Myers Squibb, shares how taking a pay and title cut led him to one of the most rewarding chapters of his treasury career -and why playing the long game is the ultimate career strategy.Keith Gaub is the Vice President and Assistant Treasurer at Bristol-Myers Squibb, a global biopharmaceutical company. With prior roles at Lehman Brothers, Barclays, and Zoetis, Keith brings deep experience across banking, corporate treasury, and investor relations. His journey reflects the power of strategic career transitions, calculated risk-taking, and building treasury operations from the ground up.Main topics discussed:Why Keith left a leadership role in banking to join a fledgling corporate treasury teamThe sacrifices (and eventual payoffs) of stepping “back” in title and compensationHow Keith helped build a treasury department from scratch at ZoetisNavigating the 2008 financial crisis from inside Lehman BrothersTransitioning from technical finance to people management and leadershipThe mindset of deliberate, long-term career planningThe evolving role of treasury in M&A, forecasting, and risk managementThe importance of mentorship, team culture, and maintaining strong professional networksYou can connect with Keith Gaub on LinkedIn. ---

How do your employees and franchisees manage changes at your organization? Do they dread it? Revolt? Complain? Celebrate? Our guest today is Dr. Elizabeth Moran, who is a neuroscience and change management expert. She shares with us some practical tips and ideas on how to implement and improve your change management efforts.TODAY'S WIN-WIN:Compassion, Communication, and Clarity are the 3 things where action comes from and what your team needs during any change. LINKS FROM THE EPISODE:Schedule your free franchise consultation with Big Sky Franchise Team: https://bigskyfranchiseteam.com/. You can visit our guest's website at: https://www.elizabethmorantransformation.com/homeGet a copy of our guest's book: https://www.amazon.com/Forward-Leading-Your-Through-Change/dp/1782792899Attend our Franchise Sales Training Workshop:  https://bigskyfranchiseteam.com/franchisesalestraining/Connect with our guest on social:https://www.linkedin.com/in/dr-elizabeth-moran/ABOUT OUR GUEST:Dr. Elizabeth Moran is an experienced leader, coach, and consultant providing neuroscience-based guidance to successfully navigate change. Partnering with business leaders from Fortune 500 companies to smaller start-ups, she has successfully supported large and small-scale transformation efforts through practical advice and actions to make change management more “manageable.” She authored the Amazon Bestselling book FORWARD: Leading Your Team Through Change, making her practical approach accessible to all people leaders globally. Prior to starting Elizabeth Moran Transformation, she was Vice President of Global Leader, Team & Organization Development at ADP. She also held talent development roles at Bloomberg, Lehman Brothers, Getty Images, and Time Inc. She holds a doctorate in clinical psychology, a PCC-level coaching certification, and is a certified Neuro-Transformational Coach. Elizabeth also created a personal growth program for incarcerated men and women, enabling improved self-awareness and decision-making to create more purposeful and peaceful lives. ABOUT BIG SKY FRANCHISE TEAM:This episode is powered by Big Sky Franchise Team. If you are ready to talk about franchising your business you can schedule your free, no-obligation, franchise consultation online at: https://bigskyfranchiseteam.com/.The information provided in this podcast is for informational and educational purposes only and should not be considered financial, legal, or professional advice. Always consult with a qualified professional before making any business decisions. The views and opinions expressed by guests are their own and do not necessarily reflect those of the host, Big Sky Franchise Team, or our affiliates. Additionally, this podcast may feature sponsors or advertisers, but any mention of products or services does not constitute an endorsement. Please do your own research before making any purchasing or business decisions.

In this episode of the Rainmaker Podcast, host Gui Costin speaks with Leon Brujis, founder of 65 Equity Partners, about his journey in private equity, the firm's investment philosophy, and his leadership approach. Leon shares his unique background, having grown up in a multicultural environment, which he believes has played a significant role in shaping his perspective in the investment world. After starting his career at Lehman Brothers and spending 16 years at Palladium Equity Partners, Leon sought a more entrepreneurial opportunity and co-founded 65 Equity Partners.At 65 Equity, the focus is on providing partnership capital rather than control capital, which distinguishes the firm from traditional private equity models. They aim to work alongside family-owned and founder-led businesses, allowing them to retain control while providing the capital and guidance needed to help the business grow. Leon explains that the firm's strategy is based on the idea that businesses perform best when led by their founders or families, and 65 Equity aims to empower these leaders to execute their vision without taking away control.Leon details how his firm is actively involved in the value creation process for its portfolio companies. He speaks about the five levers of value creation the firm uses: human capital management, commercial excellence, operational efficiency, digital transformation, and acquisitions. By leveraging these levers, the firm enhances its portfolio companies, increasing both their efficiency and profitability. Leon shares how 65 Equity often helps companies with acquisitions to scale, particularly when organic growth isn't enough, and explains how successful acquisitions need to align with the core business strategy.Another theme discussed in the episode is the role of AI in private equity. Leon believes AI is a game-changer and will play a critical role in future portfolio management. He points out how AI can assist portfolio companies in areas like marketing, customer engagement, and data analytics, ultimately driving efficiency and boosting profitability. However, he also emphasizes the importance of knowing how to effectively deploy AI within portfolio companies.Finally, Leon offers his thoughts on the importance of culture within portfolio companies. He stresses that a strong, open, and collaborative culture is essential for achieving sustainable growth and success, noting that founders and leaders must invest in fostering such an environment.Tired of chasing outdated leads? Book a demo to see how Dakota Marketplace simplifies your fundraising process with accurate, up-to-date investor data. 

Join Mitch Lovett, Simon's interim dean and Benjamin Forman Professor of Marketing, for a conversation with Ed Hajim '58. Ed is a graduate of the University of Rochester and served 30 years on the University's Board of Trustees, including an eight-year tenure as board chair. He currently serves as Chair Emeritus. Ed is one of the University's most generous alums and benefactors, and in 2009, the Hajim School of Engineering and Applied Sciences was named in his honor—after making the largest gift to the school in the University's history at the time.  Throughout the conversation, Ed gives insight into his more than 50 years of investment and senior management experience at companies such as the Capital Group, E.F. Hutton, Lehman Brothers, Furman Selz, and High Vista, and discusses his two books, On The Road Less Traveled and The Island of the Four Ps. He also shares his best advice for current business school students as they prepare to become tomorrow's business leaders. Learn more about Ed on Instagram: @edhajimauthor  This conversation was recorded in May 2025.  View transcript.

Today, I'm excited to speak with Drew Mason and Christianna Mason. Drew is Managing Partner at St. Joseph Partners, a precious‑metals brokerage and wealth protection firm serving individuals, families, and family offices across the U.S. and internationally. He is a G2 principal of Andrew Mason Associates, a family business founded in 1979 as a strategic management consultancy and later pivoted to acquiring and building businesses, with three ultimately sold to private equity. Christianna is Drew's daughter and a G3 member in their family office. She is a CPA who has advised Fortune 100 and private equity clients on global M&A from PwC's New York office. Earlier in his career, Drew held positions at major Wall Street firms including Lehman Brothers, where he witnessed first-hand the 2008 Global Financial Crisis, an experience that triggered a personal and professional search for true financial safe havens in times of stress. This ultimately led to him founding St. Joseph Partners, and over the past fifteen years, the firm's services have expanded to include: an online trading engine, secure domestic and international storage, private-label minting, audit and insurance facilitation and logistics. In this episode we focus our conversation on gold. Drew and Christianna share their views on what is so unique about gold as an alternative investment asset and why investors should be paying particular attention to gold right now. They also address the skeptics and risk managers out there, who may not be convinced, and explore what the worst-case scenario might look like for gold. Drew and Christianna delve into the options and intricacies associated with investing in physical gold vs. financial instruments that emulate the performance of gold. And for those who are worried they may have missed the gold rally and are wondering whether it's too late to get in now, they provide a perspective on where their think gold is headed from here. Enjoy this instructive conversation with two of the leading experts on multigenerational families investing in gold and precious metals.

Why do big companies collapse? And how can corporate finance professionals spot the warning signs before it's too late?In this episode of Corporate Finance Explained, we explore the most common causes of corporate bankruptcy and financial distress, backed by case studies of Lehman Brothers, Toys “R” Us, WeWork, and more.Learn how finance teams use metrics like interest coverage, working capital trends, and debt ratios to assess risk, and how FP&A and treasury roles are critical in crisis management.

This week, Andrew welcomes Hannah Testani, CEO of Intelligent Audit. Hannah dreamed of becoming CEO of Lehman Brothers, so she studied finance at Carnegie Mellon and got a job at Goldman Sachs in 2008, just as the financial world was crashing. Though she had zero initial interest in supply chain, she pivoted to join her father's small, three-person company, Intelligent Audit. Starting from those early days of having to prove herself, Hannah shares her story of transforming Intelligent Audit into a global leader in freight audit, business intelligence, and AI-powered optimization.In this episode, Hannah shares:Her early career pivot from Goldman Sachs during the 2008 financial crisis to joining her father's company, Intelligent Audit, and the initial challenges of proving herself in a new industry.The critical moments that forced Intelligent Audit to mature and redefine its vision, including losing a major customer and the strategic decision to buy out sales channels to control their own destiny.How Intelligent Audit has embraced technological evolution, from leveraging machine learning seven years ago to now integrating advanced AI to enhance everything from customer service to product development.Her experiences and advice as a young female CEO in a traditionally male-dominated industry, focusing on turning perceived disadvantages into opportunities and the importance of perspective.The transformative power of implementing the Entrepreneurial Operating System (EOS) at Intelligent Audit and her vision for a future where the company is even more self-serve and empowers customers through data.Follow The Freight Pod and host Andrew Silver on LinkedIn.*** This episode is brought to you by Rapido Solutions Group. I had the pleasure of working with Danny Frisco and Roberto Icaza at Coyote, as well as being a client of theirs more recently at MoLo. Their team does a great job supplying nearshore talent to brokers, carriers, and technology providers to handle any role necessary, be it customer or carrier support, back office, or tech services. Visit gorapido.com to learn more. A special thanks to our additional sponsors: Cargado – Cargado is the first platform that connects logistics companies and trucking companies that move freight into and out of Mexico. Visit cargado.com to learn more. Greenscreens.ai – Greenscreens.ai is the AI-powered pricing and market intelligence tool transforming how freight brokers price freight. Visit greenscreens.ai/freightpod today! Metafora – Metafora is a technology consulting firm that has delivered value for over a decade to brokers, shippers, carriers, private equity firms, and freight tech companies. Check them out at metafora.net. ***

Dan and Tim dodge death, battle a rogue office mouse, and somehow tie it all back to gratitude and balance sheets. In their new segment "Show Us Your Books," they crack open Lehman Brothers' financials like a cold one—revealing red flags, dodgy debt, and the truth behind “growth.” Laughs, lessons, and a little light accounting—what more could you want?

Danny Moses interviews Larry McDonald, a former distressed credit trader at Lehman Brothers during the Global Financial Crisis (GFC) and author of 'A Colossal Failure of Common Sense' and 'How to Listen When Markets Speak.' Larry discusses his career, which includes transitioning from retail to institutional finance and experiencing firsthand the collapse of Lehman Brothers. The conversation covers several key topics, including the risks posed by government debt and high yields, the implications of expensive tech stocks fueled by passive flows, and the growth and potential risks of private credit. Larry also identifies investment opportunities in energy, commodities, and hard assets. He emphasizes the importance of focusing on sectors poised to benefit from a multipolar, inflationary world, like nuclear energy, natural gas, and metals such as copper and platinum. The episode concludes with insights into the potential impacts of government policies and the need for careful market analysis. --ABOUT THE SHOW For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Adam's Paternity Leave continues, so why not throw to an episode we did that ties in heavily to this week's episode of Last Week Tonight with John Oliver? Patreon payments are frozen for the time being. A few resourceful new Munchies have figured out a work-around where you can join as a free member and upgrade from there to a paid account which charges you for one month and unlocks the back catalog behind the respective tier of the paywall. After that first payment, you won't be charged again until we're dropping new content (which we'll warn everyone is coming), so if you want more of this it can be had, along with access to the fully uncut episodes from 100 to present and Movie Club episodes.Faced with an episode with a helluva third act left turn, Adam and Josh reckon with a first-half A-plot borrowing heavily from the Terri-Rick saga in Degrassi before the second half shockingly grasps for a ripped-from-the-headlines story with a crooked juvenile court judge inspired by the nefarious goings-on in Luzerne County, Pennsylvania. This leads to an exploration of both the Luzerne County Kids for Cash scandal and the grotesque systemic judicial overreach currently happening in Rutherford County, Tennessee.Don't worry, Josh and Adam find plenty of non-infuriating things to talk about, including the bizarre connection between Melinda McGraw and Alex Kingston, delightfully impossible photoshopping, Icelandic reproduction clearance apps, Lehman Brothers tearing the US economy to shreds, the origins of sexting, what other franchise Stuckey really belonged in instead of SVU, and (of course) Meloni's rock-hard buns.Come get some.Sources:Kids for Cash documentary - Kids for CashBlack Children Were Jailed for a Crime That Doesn't Exist. Almost Nothing Happened to the Adults in Charge. - ProPublicaMusic:Divorcio Suave - "Munchy Business"Thanks to our gracious Munchies on Patreon: Jeremy S, Jaclyn O, Amy Z, Diana R, Tony B, Barry W, Drew D, Nicky R, Stuart, Jacqi B, Natalie T, Robyn S, Christine L, Amy A, Sean M, Jay S, Briley O, Asteria K, Suzanne B, Tim Y, John P, John W, Elia S, Rebecca B, Lily, Sarah L, Melsa A, Alyssa C, Johnathon M, Tiffany C, Brian B, Kate K, Whitney C, Alex, Jannicke HS, Roni C, and Nourhane B, and Erin M - y'all are the best!Be a Munchie, too! Support us on Patreon: patreon.com/munchmybensonBe sure to check out our other podcast diving into long unseen films of our guests' youth: Unkind Rewind at our website or on YouTube, Apple Podcasts, or wherever you listen to podcastsFollow us on: BlueSky, Facebook, Instagram, Threads, and Reddit (Adam's Twitter/BlueSky and Josh's BlueSky/Letterboxd/Substack)Join our Discord: Munch Casts ServerCheck out Munch Merch: Munch Merch at ZazzleCheck out our guest appearances:Both of us on: FMWL Pod (1st Time & 2nd Time), Storytellers from Ratchet Book Club, Chick-Lit at the Movies talking about The Thin Man, and last but not least on the seminal L&O podcast …These Are Their Stories (Adam and Josh).Josh discussing Jackie Brown with the fine folks at Movie Night Extravaganza, debating the Greatest Detectives in TV History on The Great Pop Culture Debate Podcast, and talking SVU/OC and Psych (five eps in all) on Jacked Up Review Show.Visit Our Website: Munch My BensonEmail the podcast: munchmybenson@gmail.comThe Next New Episode Once We're Back from Adam's Paternity Leave Will Be: Season 16, Episode 14 "Intimidation Game"Become a supporter of this podcast: https://www.spreaker.com/podcast/munch-my-benson-a-law-order-svu-podcast--5685940/support.

Documental sobre la caída de uno de los más grandes bancos del mundo: Lehman Brothers. La economía mundial se vino abajo el 15 de septiembre de 2008. El todopoderoso banco de inversiones americano colapsó, incapaz de soportar el tsunami de pérdidas que le generó su elevada exposición a un mercado inmobiliario saturado de hipotecas basura. Desde aquel día la economía mundial no ha vuelto a ser la misma. Todo cambió de repente

What do Enron, Lehman Brothers, and GE have in common? They were once Wall Street darlings, until they weren't. In this episode of Five Minute Finance, Mike Morton and Matt Robison unpack the hidden danger lurking in many portfolios: single-stock concentration. It feels great to ride a stock like Apple or Amazon to new highs, but if more than 10% of your wealth is tied to one company, especially if that company is your employer, you're playing a risky game. We explore how this happens, why it's riskier than you think, and what to do about it. From step-down plans and tax-smart strategies to the power (and pitfalls) of Net Unrealized Appreciation, this episode is your crash course in protecting your financial future.Are you ready to create your ideal lifestyle? Let's Connect.Learn more about Mike and my services at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

Get ready for a double feature of inspiration and innovation on this special episode of Thrive LouD with Lou Diamond! Recorded live from the buzzing floor of the Wall Street Conference in Palm Beach, Florida (May 2025), Lou sits down with two dynamic guests: seasoned Wall Street pro and financial media expert Marc LoPresti, and entrepreneurial visionary Matthew Levenson, co-founder of both StubHub and Pepper, an AI-powered shopping assistant.First, Marc LoPresti shares his lively journey from his Italian Brooklyn roots and early days at Lehman Brothers, to becoming a well-known financial commentator and CEO of Market Rebellion. Marc dives into the evolution of Wall Street, market volatility in the face of political tape bombs, and what it really takes to thrive both behind the scenes and on camera.Then, Lou connects with Matthew Levenson, whose experience building and selling StubHub helped spark his latest venture: Pepper. Matt explains how Pepper's AI assistant is disrupting the way we shop, making it possible for anyone—not just obsessive bargain hunters—to get personalized recommendations and the best prices, all while driving real ROI for retailers.Both guests open up about their passion for their work, the challenges they've faced, and what motivates them to keep pushing boundaries. Plus, stick around for the rapid-fire speed round, including insights about family, food, yoga, and more.Don't miss: — Marc's powerful remembrance of his uncle, a Wall Street legend lost on 9/11 — How media has changed the NYSE (and what it's like on the trading floor now) — Matt's behind-the-scenes StubHub story and the origin of the “buyer guarantee” — Why AI is the future of online shopping—and how Pepper aims to simplify your lifeTo learn more about the guests: Marc LoPresti — @mxlesq on X and MarketRebellion.comMatthew Levenson — coach@gopepper.com and GoPepper.comIf you love stories about resilience, business evolution, and the intersection of technology and humanity, this episode is for you!Hit subscribe and join the Thrive Loud community for more episodes featuring leaders who are taking life, business, and passion to the next level!Timestamped Overview00:00 "Thrive Loud: Wall Street Conference"05:35 Financial Markets: From Trader to Media06:27 NYSE: From Commerce Hub to Museum12:26 Economic Warning: Irreversible Trade War Impact14:01 Earnings Season's Market Impact Analysis16:41 Broadcasting Thrills Persist21:36 Simplifying Fragmented Supply Online23:27 "Pepper: AI Shopping Assistant Revolution"28:20 Optimized Shopping Discount Integration32:58 "Entrepreneurship: Legacy Over Easy Profits"35:04 "Startup Pitch for Investment"39:03 Customer Experience: Key to Success

Craig Dunham is the CEO of Voltron Data, a company specializing in GPU-accelerated data infrastructure for large-scale analytics, AI, and machine learning workloads. Before joining Voltron Data, he served as CEO of Lumar, a SaaS technical SEO platform, and held executive roles at Guild Education and Seismic, where he led the integration of Seismic's acquisition of The Savo Group and drove go-to-market strategies in the financial services sector. Craig began his career in investment banking with Citi and Lehman Brothers before transitioning into technology leadership roles. He holds a MBA from Northwestern University and a BS from Hampton University. In this episode… In a world where efficiency and speed are paramount, how can companies quickly process massive amounts of data without breaking the bank on infrastructure and energy costs? With the rise of AI and increasing data volumes from everyday activities, organizations face a daunting challenge: achieving fast and cost-effective data processing. Is there a solution that can transform how businesses handle data and unlock new possibilities? Craig Dunham, a B2B SaaS leader with expertise in go-to-market strategy and enterprise data systems, tackles these challenges head-on by leveraging GPU-accelerated computing. Unlike traditional CPU-based systems, Voltron Data's technology uses GPUs to greatly enhance data processing speed and efficiency. Craig shares how their solution helps enterprises reduce processing times from hours to minutes, enabling organizations to run complex analytics faster and more cost-effectively. He emphasizes that Voltron Data's approach doesn't require a complete overhaul of existing systems, making it a more accessible option for businesses seeking to enhance their computing capabilities. In this episode of the Inspired Insider Podcast, Dr. Jeremy Weisz interviews Craig Dunham, CEO at Voltron Data, about building high-performance data systems. Craig delves into the challenges and solutions in today's data-driven business landscape, how Voltron Data's innovative solutions are revolutionizing data analytics, and the advantages of using GPU over CPU for data processing. He also shares valuable lessons on leading high-performing teams and adapting to market demands.

Tom welcomes back Greg Weldon, a seasoned financial market veteran and publisher of The Global Macro Strategy Report . They discuss the critical themes shaping the global economy in 2025. Highlighting Scott Bessent's remarks, Weldon explains that the U.S. government will never default on its debt, and instead will perpetually devalue the currency to service its obligations. He warns that the country has however crossed a "macro event horizon," where it is trapped in a gravitational pull of debt that grows unsustainably relative to GDP. Weldon points to $54 trillion in combined public and household debt—186% of GDP—as evidence of this precarious situation. With foreign buyers losing appetite for U.S. assets, the Fed may become the last resort buyer of Treasuries, perpetuating the cycle of money printing. He notes that foreign ownership of U.S. bonds remains low, leaving domestic institutions to absorb much of the burden. The conversation delves into inflation and its drivers. Weldon argues that while energy prices remain subdued due to base effects, food inflation and service sector pressures pose significant risks. He also questions whether higher inflation expectations can be anchored, given the Fed's challenges in balancing monetary policy with economic growth. Weldon predicts that the Fed will increasingly prioritize preventing debt deflation over controlling inflation, leading to further dollar depreciation. Weldon expresses skepticism about a gold-backed dollar or bond solution, noting that U.S. gold reserves are insufficient to cover deficits meaningfully. Instead, he highlights gold and silver as potential beneficiaries of currency debasement, with silver poised for a breakout after years of underperformance. He also touches on global trends, such as Europe's rise as a safer haven and the BRICS nations' growing interest in dollar system alternatives. Ultimately, Weldon paints a picture of a world teetering on debt-driven instability, where central banks are forced to choose between reflating economies or facing collapse. Time Stamp References:0:00 - Introduction0:45 - Bessent & Default Risk4:55 - Moody's Downgrade7:12 - U.S. Debt Refinancing9:40 - Foreign Debt Buyers?12:20 - Japan's Bond Issues15:03 - Solutions & Gold Std?16:55 - Equities & Silver20:30 - The Fed Catch 2224:25 - Fwd Inflation Drivers?27:54 - Debt Saturation & Ceilings34:50 - Polarization & Extremes38:50 - Wrap Up Guest Links:Website: https://www.weldononline.com/X: https://x.com/WeldonLIVEMoney Podcast: https://x.com/money_podcastYouTube: https://www.youtube.com/@GregoryWeldonE-Mail: sales@weldononline.com Greg Weldon is a veteran in the global financial markets industry with over 40 years of experience. He started his career as a floor trader on the COMEX and later worked as a broker for Lehman Brothers and Prudential Securities. He then became a proprietary money manager for hedge funds Moore Capital Management and Commodities Corporation. In 1998, he founded Weldon Financial and has been producing independent research ever since. His clients include top hedge funds, banks, government agencies, and individual investors. WeldonLIVE, his flagship service, provides a comprehensive market research report, including live commentary. The service covers global economic reports, supply-demand fundamentals, monetary trends, and their impact on stock, bond, currency, and commodity markets. Weldon combines a top-down macro approach with technical analysis to offer a broad view of market trends. He provides market recommendations in sectors such as stock indexes, metals, currencies, fixed-income, energy, and commodities.

How to Survive the Coming Real Estate Storm – What Sean Kelly-Rand Learned at Lehman   For the experienced real estate investor or sponsor, this is a masterclass in what really matters.   When Lehman Brothers unraveled in 2008, it exposed a truth that many in the real estate world still prefer to ignore: even the most sophisticated capital structures can implode when the cost of capital and access to liquidity are misunderstood – or worse, taken for granted. My podcast/YouTube show guest today, Sean Kelly-Rand, didn't just watch that collapse unfold; he lived through it from inside and the playbook he uses today as the managing partner of RD Advisors is shaped, in part, by that early, formative experience.   His approach offers a deeply pragmatic framework for anyone navigating real estate in today's uncertain climate. In an era of overpromised alpha and fragile capital stacks, Kelly-Rand's doctrine is a study in restraint, structure, and staying power.   From the Heart of Lehman to the Edges of Risk   Kelly-Rand joined Lehman Brothers in 2006, just before the implosion, drawn by its dominance in the bond markets which he saw, even then, as the true engine behind real estate. While most looked to equity investment banks for leadership, he understood that the debt markets were where real decisions were made. His work centered on real estate financing and syndication, with a front-row view of a business model that was, in hindsight, structurally doomed.   Lehman's capital stack had been stretched too far – built on short-term funding to support long-term positions. As the firm accumulated assets, expanding its real estate exposure from $5 billion to over $36 billion, it did so with virtually no cushion. Liquidity was cheap and ubiquitous, but inherently unstable. When securitization markets seized up, those long-term assets could not be offloaded without catastrophic discounts to book value. And because any sale would have forced a full repricing of the entire book, no sale could be tolerated. Lehman was stuck – and the system broke.   That lesson remains central to Kelly-Rand's thinking today. The real issue wasn't the quality of the assets; it was the fragility of the structure behind them. Risk wasn't in the deal. It was in the funding.   Rebuilding from the Ground Up   In the years that followed, Kelly-Rand transitioned from the institutional capital markets to operating in the private lending space. He co-founded RD Advisors not just to chase yield, but also to build a firm capable of weathering downside scenarios – starting with a clean-sheet design of its capital strategy.   The fund today focuses exclusively on senior secured debt, kept short in duration and conservatively underwritten. The business avoids the artificial stability of interest reserves or payment-in-kind structures that mask actual performance. Instead, it emphasizes cash-paying borrowers and short-term duration to preserve optionality and liquidity. Leverage is kept modest by design, with loan-to-value ratios structured around exit values that tolerate declining markets. Crucially, every deal is evaluated with a focus on capital preservation. Underwriting is done not with optimism, but with contingency: would the fund be comfortable owning the asset if they had to should a borrower walk? If the answer is anything but a clear yes, the deal doesn't proceed.   This mentality isn't just prudent, it's essential. The goal is to never rely on someone else's execution for one's own capital security. And that institutional memory from the GFC sits the core of the process.   Avoiding the Illusion of Alpha   Much of what passes for outperformance in today's real estate environment is simply leverage in disguise. Sponsors show high IRRs, but beneath them is a capital structure dependent on favorable refis or asset appreciation that may no longer be achievable. That's not skill, it's exposure.   Kelly-Rand's fund's returns, by contrast, are deliberately boring. They are stable, predictable, and quarterly. It's a feature, not a bug. In fact, Kelly-Rand views volatility as a symptom of poor underwriting or misaligned structure, not a badge of aggressive performance.   He's wary, too, of the growing interest in ‘loan-to-own' strategies, particularly among opportunistic capital looking to buy defaulted notes in the hopes of acquiring assets at a discount. While technically accurate – private credit can convert into equity when things go wrong – he emphasizes that building a business around that premise introduces operational complexity, execution risk, and volatility that neither he nor his investors are seeking.   Today's Market Echoes the Last Crisis   What concerns Kelly-Rand most now is how little has changed in institutional behavior since the last crisis – and how closely today's market echoes that of 2007.   There is the same creeping complacency in the banking system. Institutions are holding loans at par that would clear far below face value if sold today. Marking one loan down would trigger writedowns across the portfolio, and many banks simply can't handle that. Instead, they hold and wait, even as rates rise and deposits become more expensive than the loans on their books. This, too, is unsustainable and, like last time, it's a question not of credit risk, but of duration mismatch and funding fragility. Depositors have not yet realized en masse that their money could be earning 4.5% elsewhere. But when they do, the cost of capital for banks could spike rapidly and the system isn't ready.   Worse still, foreign capital, the marginal buyer that has helped sustain U.S. real estate valuations for decades, may be losing interest. If geopolitical or currency instability weakens demand for U.S. treasuries or assets, long-term rates could drift higher, even if the Fed cuts short-term rates. That shift would have a profound impact on real estate pricing, permanently resetting cap-rate expectations – and values.   A Framework for the Informed Investor   The takeaway for sponsors and investors is stark but empowering: you don't need to predict the next crash, but you must be structurally prepared for it.   Kelly-Rand's fund is an expression of that principle. It's structured to be resilient, not just profitable. Its margins are modest but consistent. Its leverage is low by design. And its underwriting focuses on the downside – not because of fear, but because of discipline. His experience at Lehman Brothers gave him a visceral understanding of how quickly capital evaporates when confidence is lost. What makes his insights so valuable today is not just that he's survived a cycle but that he's operationalized that survival into a repeatable, durable framework.   In a world where risk is increasingly hidden behind optimism and spreadsheets, Sean Kelly-Rand offers a different kind of edge: memory.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

In this episode of the Rainmaker Podcast, host Gui Costin sits down with Christopher Zook, founder and chairman of CAZ Investments, for an in-depth conversation on building a capital formation powerhouse rooted in intentional language, disciplined processes, and unwavering alignment. With over 30 years of investing experience, Zook shares his journey from brokerage beginnings at PaineWebber and Lehman Brothers to launching CAZ Investments—driven by a goal he set in 1991 to start his own firm within a decade, a promise he fulfilled nearly to the day.At CAZ, everything begins with personal capital. The firm identifies thematic opportunities, invests their own capital, and invites others to join alongside them—creating a culture of alignment captured in their mantra, “lead with alignment.” CAZ now manages over $9 billion in assets, up from $350 million in 2013, through 100% organic growth.A major theme of the episode is language and positioning. Zook emphasizes the importance of words in shaping perception. His team doesn't “pitch” or share “decks”—they educate, advise, and present thoughtfully crafted materials. Their business development team is known as “Capital Formation,” reflecting the consultative, relationship-based approach they bring to investors.Zook shares how he built a capital formation team modeled on his own early sales experience, hiring in waves and fostering peer cohorts to build camaraderie and consistency. Their process includes detailed metrics—outreach volume, presentation count, conversion rates, and line depth with investors. Zook stresses the value of cultivating multiple lines with clients, which statistically improves retention and referrals.The team operates under a three-pillar framework: find new investors, deepen relationships with existing ones, and turn clients into raving fans. Zook underscores the power of consistent communication, proactive outreach during market volatility, and delivering standout service when most others retreat.CAZ has long embraced CRM, becoming an early adopter of Salesforce in 2005. Zook believes that the right CRM setup—customized for usability and leveraged for reporting—can drive a competitive, transparent, and merit-based sales culture. Dashboards, stack rankings, and responsiveness metrics keep the team focused and accountable.Zook also shares the story of co-authoring The Holy Grail of Investing with Tony Robbins and closes with timeless advice: success is built on hard work and attention to detail. For young professionals and leaders alike, this episode is a masterclass in building a high-integrity, high-performing investment firm from the ground up. Tired of chasing outdated leads? Book a demo to see how Dakota Marketplace simplifies your fundraising process with accurate, up-to-date investor data. 

Newt talks with Ryan McDermott about his new book, "Downriver: Memoir of a Warrior Poet," which chronicles his journey from leading an infantry platoon during the 2003 Iraq invasion to navigating the 2008 financial crisis and dealing with personal challenges like PTSD. McDermott, a U.S. Army veteran and current senior director of National Security Policy at the Aerospace Industries Association, shares his motivations for writing the book, including catharsis and raising awareness about veterans' struggles. He reflects on his experiences at West Point, the emotional toll of combat, and the transition to civilian life, including his time at Lehman Brothers during its collapse. McDermott emphasizes the importance of family and introspection, hoping his story will resonate with others facing similar challenges.See omnystudio.com/listener for privacy information.

What's the real legacy of your business—just profits, or a thriving family and future-ready wealth? In this powerful episode, Gary Heldt welcomes Lori Van Dusen, founder of LVW Advisors and a trailblazer in fiduciary financial planning. Lori shares her extraordinary path from working in the South Tower of the World Trade Center with Lehman Brothers to leading a $6 billion independent advisory practice. She reveals the challenges and triumphs of creating a business that aligns with her values, mentoring the next generation, and serving multigenerational families. Lori also discusses personal growth, the importance of proactive financial planning, and the moving story behind her Wall Street Journal bestselling book, Born from Resilience after Personal Loss.

In this episode of the Faith Driven Entrepreneur Podcast, host Justin Forman sits down with Steve Preston, CEO of Goodwill Industries, to discuss his remarkable journey from Wall Street executive to nonprofit leader. Unlike the typical path of chasing wealth and status, Steve shares how he made intentional decisions to prioritize purpose over prestige throughout his career.After starting at Lehman Brothers, Steve felt a tug that his faith was calling him toward a different path. He made a deal with God that he would "never make a decision for money, for prestige, or for power," which ultimately led him to leave banking on the cusp of making partner. His journey continued through corporate America, government service (including running the Small Business Administration during Hurricane Katrina recovery), and eventually to Goodwill, where he now leads one of America's most recognized nonprofit organizations.Key Highlights:Steve's countercultural decision to leave Wall Street's wealth and prestige to follow God's callingThe rich history of Goodwill beginning as a church-based ministry to help Boston's poorest residentsHow Goodwill provides holistic support to help people overcome barriers to employmentThe innovative prison education programs helping reduce recidivism rates to just 5%The power of corporate partnerships in scaling social impactHow writing a personal mission statement helped Steve identify his callingThe importance of seeing potential in people that they don't yet see in themselvesQuotable Moments:"I felt like God said, I've taken you thus far. Will you really go where I'm taking you? And worse, most of the people in my close-in circle said, you're crazy... And I had this moment where I thought to myself, I have been like every other American watching these horrific stories on television and wondering what I could do.""Our founder's story and our founder's vision 125 years later is still very much a part of who we are... It was all deeply based in the conviction that every human being has embedded potential.""I often say, when somebody comes through our door, we often see more in them than they see in themselves."

Episode SummaryIn this compelling episode of The Longest Day Podcast, Leah is joined by the dynamic and insightful Bobby Seagull — a mathematician, educator, and broadcaster. Bobby shares the story of experiencing the shocking collapse of Lehman Brothers as a young trader, and finally confronting personal grief amidst professional responsibilities. Bobby offers profound reflections on resilience, leadership, and finding one's path.Key PointsInside Lehman Brothers on Collapse Day: Bobby gives a first-hand account of being on the trading floor of Lehman Brothers during its historic 2008 bankruptcy, sharing his memories of chaos, loss, and valuable life lessons.Lessons in Resilience and Adaptability: Bobby reflects on how these three experiences taught him to embrace change, balance ambition with flexibility, and find personal fulfillment beyond professional titles.Leadership Reflections: Through the lens of his experience at Lehman Brothers, Bobby explores how leadership and organizational culture can impact decision-making and risk management.Best Quote"I genuinely believed I would be at that bank forever... but when Lehman Brothers collapsed, I learned that life isn't a straight line — and that's okay."Guest and host informationFind Bobby Seagull here:https://www.instagram.com/bobby_seagull https://www.linkedin.com/in/bobby-seagull-77880157/ https://www.youtube.com/channel/UC-lNF95OSxTtfnUfTNJdEzg https://bobbyseagull.com/ Find Leah Brown FRSA here: https://www.linkedin.com/in/leah-brown-frsa-b71b0844/ and @leahtalks_ on Instagram, TikTok and X.Don't forget to subscribe, rate, and share this episode by following The Longest Day Podcast here: LinkedIn: https://www.linkedin.com/company/thelongestdaypodcast/ Facebook: https://www.facebook.com/share/15QDqkhjZw/?mibextid=wwXIfr YouTube: https://www.youtube.com/@TheLongestDayPodcast-z1x X: @longestdaypod TikTok: @thelongestdaypodcast Instagram: https://www.instagram.com/thelongestdaypodcast Website: www.thelongestdaypodcast.com All previous episodes: https://pod.link/1684217939

Synopsis: What happens when a former journalist becomes one of biotech's boldest investors? Meet Stephanie Sirota, Chief Business Officer and Partner at RTW Investments, who helped grow the firm from $27 million in assets to a global biotech force. In this engaging conversation with host Rahul Chaturvedi, Stephanie shares her unconventional path into the industry, and how a mission-driven, science-led investment strategy has guided RTW's approach across public markets, private deals, and company creation. Stephanie reflects on the evolution of biotech financing, why GLP-1 drugs are just getting started, and how RTW is preparing for changes in U.S. healthcare policy. She also unpacks how the firm sources opportunities, evaluates risk, and sticks to long-term conviction even in volatile markets. For Stephanie, great biotech investing starts with deep research, strong science, and a relentless focus on patient outcomes. Whether you're an investor, operator, or simply curious about the future of medicine, this conversation is packed with insights on building bold bets—and the staying power behind them. Biography: Stephanie leads a team at RTW overseeing business development, strategic partnerships, communications, and investor relations. Her background in investment banking and expertise in financial markets has helped position the firm as both a partner to life sciences companies and a steward of investors' capital. Stephanie also manages RTW's relationships with key partners including banks, academic institutions, corporations, investors, and NGOs. She has led the firm's entry into the UK and European markets and serves as a director of the RTW Biotech Opportunities Ltd, a publicly traded investment fund listed on the London Stock Exchange. Prior to joining RTW, she served as director at Valhalla Capital Advisors, a macro and commodity investment manager. Stephanie also worked in the New York and London offices of Lehman Brothers, where she advised on various Merger & Acquisitions, IPOs, and capital market financing transactions with a focus on cross-border transactions for the firm's global corporate clients. Stephanie graduated with honors from Columbia University and also received a Master's Degree from the Columbia Graduate School of Journalism. She serves as president of the RTW Foundation; and co-chair of Council of the New York Philharmonic.

On today's show we are looking at an event in financial markets that could represent a tipping point. These events have occurred with regularity over the years. Think of the Greek Sovereign debt crisis in 2012 that threatened to topple the entire European banking system. Think of Lehman Brothers in 2008. There was the bank failures in the US in 2023. These events often expose the counter party risk that is inherent in our globally interconnected financial system. The problem is showing up in the latest spike in US Treasury yields. It happened very rapidly between May 1 and May 2 of last week. Now we have become accustomed to very high volatility in US Treasury yields. Most of that is routinely blamed on the unpredictable nature of the White House.But this one was different. There was no news from the White House that fundamentally would affect Treasury yields. The threat to impose tariffs on foreign movies is not enough to move the needle. So who is dumping US Treasuries? What happened at the same time as the spike in US Treasury yields was a precipitous drop in the Taiwanese dollar against the US dollar. So who in Taiwan is dumping Treasuries? It turns out that Taiwanese life insurance companies had loaded up on US Treasuries and failed to purchase a hedge against interest rate volatility.  Why did they not buy insurance? They thought the insurance was too expensive. The liberation day announcement from Donald Trump had been pending for weeks. It was making front page headlines around the world, and still the risk managers at these Taiwanese insurance companies thought that they would take the risk and not buy the insurance. The high price of the insurance was a reflection of the elevated risk.---------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Today, it is my pleasure to speak with Anne Rappa & Alex Glauber. Anne is the fine art practice leader for Marsh McLennan. She provides risk management advice and assists clients by negotiating risk and insurance solutions related to fine art collections and transactions. Anne has 30 years' experience representing the interests of both individual and institutional collectors, institutions, art dealers, auction houses, art logistics companies and other fine art focused businesses. Anne, and her firm Marsh McLennan, are a valued Advisor member of the FOX community, and we are grateful to have their expertise and thought leadership in our membership community. Alex is an art advisor, curator, and educator based in New York. He is the founder and principal of AWG Art Advisory, where he works with private individuals, corporations, and institutions in the conceptualization, building, and management of fine art collections. Prior to founding AWG Art Advisory in 2009, Alex served as an assistant curator for the Lehman Brothers and Neuberger Berman art collections from 2006 to 2009. He has curated monographic and thematic group exhibitions at venues as varied as the Portland Museum of Art in Maine, Phillips auction house, and Bryant Park, New York, as well as at galleries such as Lisson Gallery, Andrew Kreps Gallery, Chapter NY, Dickinson, David Lewis Gallery, and Casey Kaplan. Art is an increasingly popular investment asset among enterprise families and family offices – both as a passion investment and an alternative asset in their diversified portfolios. Anne and Alex talk about what is going on today in the world of art investing and highlight the latest trends that have been shaping the space over the recent years. They also explain how art is different from other investment assets, describing the unique attributes and market structures that set art apart from other investments and even from other alternative assets. One practical piece of advice Anne and Alex have for our listeners is to consider and understand the role of a professional art advisor. They describe the role of the art advisor and share their views on why families and family offices should be working with one and what value they can extract from such a relationship. With the unique attributes and value of art come also some unique risks. Anne and Alex shed some light on the major risks art investors should be aware of and how family offices and their clients can manage and protect themselves against those risks. Don't miss this deeply instructional conversation with two of the leading experts and advisors in the world of art investing.

Today, we're going to look back what happened after the collapse of Lehman Brothers - which sparked the global financial crisis. Adam is joined by economics editor, Faisal Islam and columnist at the FT, Gillian Tett.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers.You can join our Newscast online community here: https://discord.gg/m3YPUGv9New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Jack MacLaren with Miranda Slade. The technical producer was Dafydd Evans. The assistant editor is Chris Gray. The editor is Sam Bonham.

Today, we're going back to September 15 2008, the day the Lehman Brothers collapsed, a pivotal moment in the global financial crash. Adam is joined by economics editor, Faisal Islam and columnist at the FT, Gillian Tett.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers.You can join our Newscast online community here: https://discord.gg/m3YPUGv9New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Miranda Slade with Jack MacLaren. The technical producer was Dafydd Evans. The assistant editor is Chris Gray. The editor is Sam Bonham.

Anthony Noto's path to becoming CEO at SoFi was anything but linear. But along the way, he learned the lessons and wisdom that helped him lead SoFi to where it is today. In this special episode, host Liz Thomas sits down with SoFi CEO Anthony Noto to talk about his ambitious goals for the company. Anthony and Liz discuss how his time at West Point shaped his leadership style and values, his decision-making framework, and the importance of aligning personal and company goals. Before his tenure as CEO of SoFi, Anthony Noto served as CFO and COO of Twitter (now X). He began his career as a brand manager at Kraft Foods, spent time as an associate at Lehman Brothers, worked in multiple roles at Goldman Sachs, and was the CFO and executive vice president at the National Football League. Anthony graduated from the United States Military Academy (West Point), and earned his MBA from the University of Pennsylvania's Wharton School.  For more, read Liz's column every Thursday at On The Money by SoFi, sign up for the On The Money newsletter, and follow Liz @LizThomasStrat. Notable mentions in the episode: 00:00 Introduction 01:51 Growing up in Poughkeepsie 06:53 Time at West Point 10:00 Early lessons in leadership 14:50 Developing financial principles 18:39 Early career path 26:25 Leadership style 29:06 Decision-making 32:25 Philosophy on hiring 33:24 Experience as CEO at SoFi 36:11 Thoughts on failure 39:29 Outlook on the future of fintech 41:45 What excited Anthony about joining SoFi 43:16 Lightning round questions 49:05 Closing Thoughts Additional resources: On The Money: Sign up for SoFi's newsletter for intel, insights, and inspo to help you get your money right. Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we've created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more. Wealth Investing Guide: Information you need to know to make your money work harder for you. This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal. ©2025 Social Finance, Inc. All Rights Reserved.

This CEO Runs A $5.5B Money Management Firm By Putting The Client First & Having Great Ethics… Guest:Ed Cofrancesco, Chief Executive Officer of International Assets AdvisorWith $5.5B AUMWebsite: https://www.iaac.com/Bio:For the two years before joining International Assets, Ed was engaged in various entrepreneurial and consulting activities. During this time, he was a Director for both Pluris Partners, LLC and Telluride Partners, LLC. Both firms were engaged in providing consulting services to private and public micro-cap companies.Before that, Ed was a Director, Executive Vice President and COO of International Assets Holding Corp., a NASDAQ listed financial holding company. While there he rebuilt the Equity Trading Department and developed and implemented all equity trading and sales strategies. During his tenure, he increased trading revenues 1500%. Having started there during a period of continuing losses, he led the firm back to profitability and was successful in bringing in new investors that increased the firm's capital by over 50%. Working with his new management partners, he built operations to support new business lines including Fixed Income, Asset Management, Precious Metals, and Foreign Exchange divisions.Previously, he served as a Vice President of International Institutional Sales at Lehman Brothers, Inc. For 7 years he was a Vice President with Raymond James and Associates, Inc. where he started the International Trading and Operations Departments. He was responsible for overseeing all International Equity, OTC ADR, and Foreign Exchange trading with over 50,000 retail and institutional trades per annum across more than 25 markets with gross commissions over $20 million.Mr. Cofrancesco has also held positions with Discount Corporation of New York, Security Pacific National Bank, Bradford Trust Company, United States Trust Company of New York and Shearson American Express. He holds Series 7, 8, 24, 55 and 63. licenses.

Chip Rewey says “ride out the bumps” for 6-12 months, recalling market turnarounds after Covid or Lehman Brothers' collapse. He's looking for companies with strong balance sheets and a “vision” of how to create value. He also adds that “valuation always matters,” and investors should watch for areas that might be discounted. His thinks aerospace & defense is “neglected,” as the U.S. needs to rebuild its arsenals, highlighting Ducommun (DCO) specifically.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Larry McDonald was a Vice President at Lehman Brothers in 2008, and out of that experience he produced a framework of twenty one indicators of economic health that can also detect early signals of opportunity and danger. His most recent book, How to Listen When Markets Speak, released last year, was early in connecting the dots between past, present and the future that is now. Larry and his research platform, The Bear Traps Report, has a unique and well informed take on what we are seeing right now, with the shock of tariffs, the motivation of the current administration, the resistance of the Fed, and the reaction of markets and businesses. He presents his views on how to amend the 60/40 to ride out the storm, and where the opportunities are.  

Ed Hajim shares his remarkable journey from a tumultuous childhood—moving through foster homes and orphanages after being kidnapped by his father—to becoming a successful businessman and philanthropist. Hajim explains how his experiences became advantages later in life, teaching him adaptability, resilience, and self-confidence that fueled his success at the University of Rochester and beyond. Now dedicated to giving back, he focuses on helping young people through scholarships and education initiatives, guided by his philosophy that "anything is possible, education is the solution to everything, and never be a victim." Hajim offers powerful insights on finding purpose in later life stages through volunteerism, mentorship, and philanthropy, emphasizing the profound satisfaction that comes from helping others succeed. _______________________ Bio Ed Hajim, the son of a Syrian immigrant, is a seasoned Wall Street executive with more than 50 years of investment experience. He has held senior management positions with the Capital Group, E.F. Hutton, and Lehman Brothers before becoming chairman and CEO of Furman Selz. Hajim has been the co-chairman of ING Barings, Americas Region; chairman and CEO of ING Aeltus Group and ING Furman Selz Asset Management; chairman and CEO of MLH Capital; and chairman of High Vista, a Boston-based money management company. In 2008, after 20 years as a trustee of the University of Rochester, Hajim began an eight-year tenure as chairman of the university's board. Upon assuming that office he gave the school $30 million—the largest single donation in its history—to support scholarships and endow the Edmund A. Hajim School of Engineering and Applied Sciences. Through the Hajim Family Foundation, he has made generous donations to organizations that promote education, health care, arts, culture, and conservation. ______________________ For More on Ed Hajim Island of the Four Ps: A Modern Fable About Preparing for Your Future Website On the Road Less Traveled: An Unlikely Journey from the Orphanage to the Boardroom ______________________ Podcast Conversations You May Like Live Life in Crescendo – Cynthia Covey Haller How to Live a Values Based Life – Harry Kraemer ________________________ About The Retirement Wisdom Podcast There are many podcasts on retirement, often hosted by financial advisors with their own financial motives, that cover the money side of the street. This podcast is different. You'll get smarter about the investment decisions you'll make about the most important asset you'll have in retirement: your time. About Retirement Wisdom I help people who are retiring, but aren't quite done yet, discover what's next and build their custom version of their next life. A meaningful retirement doesn't just happen by accident. Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one – on your own terms. About Your Podcast Host  Joe Casey is an executive coach who also helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1 % globally in popularity by Listen Notes, with over 1.6 million downloads. Business Insider has recognized Joe as one of 23 innovative coaches who are making a difference. He's the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy. Connect on LinkedIn __________________________ Wise Quotes On Reviewing Your Interests "Go back and look at your passions. If you left some passions behind,

In this powerful and unforgettable episode of the WholeCEO Podcast, Lisa G. sits down with Lauren Manning, a true symbol of resilience, determination, and the unbreakable human spirit. Lauren, a 9/11 survivor with 82.5% total body burns, battled against all odds to emerge from the fires. She is a world-renowned role model for her resilience and fortitude in surmounting personal and professional challenges. In this deeply moving conversation, Lauren shares:✅ The last moments before her life changed forever✅ How she found the will to live in the face of overwhelming adversity✅ The hardest part of her recovery—and what kept her going✅ What trauma taught her about pain, perseverance, and success✅ How to break free from fear and rebuild after hitting rock bottom Lauren's journey is one of grit, courage, and the power of the human mind to overcome anything. Whether you're facing personal struggles, setbacks, or moments of doubt—this episode will ignite a fire in you.

This week in the guest chair we have Kareem Edwards, one of the very first men to grace the Side Hustle Pro guest chair! Hailing from Far Rockaway, Queens, Kareem got his start in major corporate roles at Lehman Brothers, Kraft Heinz, and Google—all while dreaming of owning a business. Kareem decided to pursue franchising and balanced a 9-to-5 at Google while working nights at a Chick-fil-A to master the day-to-day operations.In this episode she shares:The importance of community impact, creating an empowering work culture, and leading with empathyKey lessons on staffing, building trust, and innovating with different revenue channelsThe art of balancing grit and grace when trying to grow your businessHighlights include: 00:00 Intro03:00 Early career in finance09:00 Discovering Chik-Fil-a franchising 17:00 Choosing the right location25:00 Opening during a pandemic34:00 Staffing strategies43:00 Leaving a steady paycheck46:00 Expanding sales methods52:00 Tips for entrepreneursCheck out episode 451 of Side Hustle Pro podcast out now on Apple Podcasts, Spotify, and YouTubeThis episode is brought to you by: Skillshare: Take Nicaila's class and explore thousands more hands-on classes taught by creative experts from around the world. Get one month free at sidehustlepro.co/skillshare.Links mentioned in this episodeKareem's Instagram: https://www.instagram.com/kareemjedwards/ Kareem's LinkedIn: https://www.linkedin.com/in/kareemedwards Posse Foundation: https://www.possefoundation.org/ Chick-fil-a Franchising: https://www.chick-fil-a.com/franchising Chat GPT: https://chat.openai.com/ Uncle Nearest: https://unclenearest.com/ Click here to subscribe via RSS feed (non-iTunes feed): http://sidehustlepro.libsyn.com/rssAnnouncementsJoin our Facebook CommunityIf you're looking for a community of supportive side hustlers who are all working to take our businesses to the next level, join us here: http://sidehustlepro.co/facebook Hosted on Acast. See acast.com/privacy for more information.