Episode Transcript
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Speaker 1 (00:04):
Hello everybody,
chase Clark here with the Buying
Tape of A podcast.
Today we're going to turn thetables on my co-host, peter
Murphy.
He's going to be our guesttoday in the hot seat.
I sat in the hot seat for thelast two sessions of this
podcast and now it's my turn toask some questions, and it's our
opportunity to learn more aboutPeter and his life experience
(00:24):
and what has got him to where heis today.
He's been my business partnerfor the last 20 years and I
probably only know a small partof his story, so I'm looking
forward to hearing more about itas well myself today.
So, peter, hey, welcome to theshow and a different role today
as the guest, and we can't waitto hear more about your story.
Speaker 2 (00:39):
Thanks so much, chase
.
I really enjoyed doing thiswith you the other day because
when you talk to someone tryingto really understand who they
are and how they tick, you cango into business together.
you can work alongside someone,but you don't often dig in the
way you should to reallyunderstand how they're wired and
why they work the way they do.
So I really enjoyed that fromyou.
I hope our listeners get somevalue out of this from me today,
(01:01):
from my perspective, and maybeI'll have a thing or two that
will benefit them as they lookat my experiences, more than not
a couple things maybe that theyshouldn't do.
I can be their negative exampleas well as their positive.
Speaker 1 (01:16):
Yeah, i'm sure it'll
be more positive than negative,
but everyone's got a great storyto tell.
Their stories are somewhatunique to people that are in the
real estate industry,definitely unique to ourselves
and hopefully interesting to ourlisteners and something that
they can learn from all of ourmistakes from.
Speaker 2 (01:33):
I hope so.
Yeah, that would be great.
That would be my goal for thisepisode.
Speaker 1 (01:38):
For sure.
All right, so let's go way back.
Let's go back to the as mycollege students this year like
to say, the 1900s, so back inthe 1970s.
Peter Murphy's born.
Tell us a little bit about that.
I mean being born in the Statesand then moving overseas.
Speaker 2 (01:53):
Yeah, well, 1970s, i
mean, it makes me sound like the
ancient of days.
You know, i am right, i catch,and you do too, chase, so don't
smile too hard, right, i catch.
Like the last year of Gen X,right, i mean that's 1979,
because in 1980, the millennialgeneration begins.
(02:14):
And so 1979, i do think there'sa special sauce in that year
that our parents are drinking,because there are a whole lot of
people that have a similarmindset to me and you, that were
born right around them.
And I guess that's thedefinition of a generation,
right, there are things aboutthat time that are unique to it.
And then, over the course ofmaybe sometimes quite rapidly,
(02:35):
something very new emerges, andso what was happening at the
very end of the 70s and into thevery early 80s was a generation
of people being born pre-tech.
Almost right, they were goingto be born into households with
personal computers that wereislands, stand-alones, not
connected to the internet, andwe were using those for very
distinct purposes prior to thatpoint.
(02:56):
But we came of ageprofessionally as the internet
began to emerge, and so you canimagine a very unique kind of
individual.
I've heard it talked about,actually, in various ways at
this point, that the individual,the Gen X, is almost a silent
type of generation right nowthat we hear a lot about boomers
, often derisively becausethey're the people who are
living large now off the wealthof millennials and Gen Xers.
(03:19):
But Gen Xers almost seem toslip by because here we were
kind of keeping our heads down.
It was pre-internet, and boy Ithink we learned a lot from that
time that we put into practicein our professional lives and
certainly in our personal lives.
But yes, i came on the scene inMarch of 1979, born in Maine.
So I bet our listeners are likethree people born in Maine.
(03:43):
I'm one of them.
So I was born in Maine to thechild of a missionary and his
wife who were trying toevangelize Christianity to the
northeast of the United States.
And if you know much aboutMaine, you know that that was
not an easy thing to do.
It's a little bit atheistic inits approach Maybe much of New
(04:03):
England is right now And so I amthe product of parents who are
very much bucking the trends andgoing into a very tough place
to live to evangelize theirfaith.
And so that's my stock.
And when I was a year and a halfold my parents left Maine, as
though Maine wasn't hard enough,and decided to move over to
Ireland And in Dublin, ireland,they decided to bring
(04:25):
Christianity to the Catholicsright A Protestantism to the
Catholics more than is probablya better way to say that.
And you know how that's gone.
If anyone's a student ofhistory, bringing Protestantism
to the Catholics, well, that's arecipe for war And they've been
fighting that war for the lasthundred years over there.
And you know, shortly after Ileft Ireland, actually, they
were able to bring peace to thatdynamic.
(04:47):
But I was in Ireland during theheart of what they call the
Troubles, and that was whenCatholics and Protestants were
literally putting petrol bombson each other's doorsteps in
reprisals for their differentspiritual beliefs.
But at that point no one reallyknew they were spiritual
beliefs anymore, like politicalbeliefs, and that was my dad
(05:07):
trying to evangelize to thosekinds of people.
Well, you can imagine his workwas a wonderful success in some
ways, because through diligenceand perseverance and just
through like 15 years of sheersweat, equity and effort, he dug
it out and managed to establish, with the help of other
Christians over there, smallbodies of faith believers.
But it wasn't like.
(05:29):
This was a massive success forhim.
He didn't leave a mega churchWhen we left Ireland in 1995, he
left a body of about 15 membersbehind And you know a lot of
people would look at that andsay you know, that's not a lot
to show for 15 years of workover there.
It's like one convert per year.
And but again, i think that'sthe stock that I come from.
(05:50):
People who are not going tomeasure their success by sheer
numbers alone are going to putin the work and the sweat equity
and they're going to emergefrom there with, hopefully, some
values that sharpen and refineto them and maybe a small mark
to leave on the world.
And I think that's what.
What I did, what my parents did.
It really was very little of myinvolvement, of course, in
their overall, although I wasout on the streets of Dublin
(06:13):
helping my dad evangelizesometimes.
So as a very young boy I wouldwork out with him handing out
flyers inviting people to church.
These were things that were apart of my life as a kid And you
know, again, that was the thatwas pre tech days And I remember
being yelled at by people I wastrying to handle hand hand
flyers to on the street andbeing pitied that for being
(06:36):
abused and used by a father forthose kinds of purposes.
But I can imagine those wereall kinds of things that really,
you know now as I look backsharpened me and made me a
little bit less resistant to thekinds of criticism you get when
you're in sales andentrepreneurship.
I mean those, those lifelessons as a child that you can
learn can either make you angryand cold and bitter that your
parents made you do such hardthings, or it can make you say,
(06:57):
hey, that was really good schoolfor me And I learned a lot from
it.
So I'm inclined to take thatsecond perspective.
I think that that kind ofupbringing gave me all kinds of
calluses in areas that I neededto be callused and I needed to
be refined and tested anddeveloped, and so I'm grateful
for all of those opportunities,even though they might not be
(07:18):
classic parenting techniques.
Right, i'm in the United States,i'm 15 years old, i move up to
the Massachusetts area I'm sorry, i just turned 16 actually and
I finished out high school upthere.
I wrap up high school in 1997.
And I remember in 1995, when Icame back to the country,
getting my first dial up networkon compute on my computer and I
(07:41):
would watch when I would go toa website and upload something.
I would watch that image, youknow, slowly evolve on my page
to where there it is.
You have your first internetexperience and it's like it
takes minutes and you hear theclassic AOL dial tone connecting
you to the internet.
You learn patience, you learnperseverance and how to try
again and again and again to geta signal.
(08:02):
You learn that nothing isinstantaneous.
You've got to work foreverything.
Those are the kinds of lessonsI emerged on the scene with
through my elementary and highschool years And when I finally
came to college in 1997.
So that's my way back story,chase.
Speaker 1 (08:17):
Yeah, I mean, how
many people have that kind of
story?
I mean, it's definitely unique,right, It's, you know, born in
the States, off to Ireland.
No better way to learn hardwork than to be out going door
to door trying to convert openlyhostile Catholics, right, I
mean, especially at a young age.
Right, I mean, I can't evenimagine you know the lessons of
(08:38):
life that are ingrained in yourmemory and that drive you every
day from that kind of anexperience.
You know, just truly goingafter something that's very
difficult to do and beingpersistent at it like your dad
was for 15 years.
An incredible experience.
But tell us a little bit.
You know about some of thedifferences that you experience.
That growing up, you know,until you're almost 16 or to,
(09:00):
you were 16 in Ireland And thencoming back to the States, What
was that transition like andwhat were some of the biggest
differences in your life thatyou Immediately recognized upon
coming back to the States?
Speaker 2 (09:11):
you know, thanks,
thanks for recognizing some of
those, those questions.
By the way, you know, i do wantto give a lot of credit to, to
people in my life who modeledthe kind of endurance behaviors
But I think make a difference in, in whatever mission each year
about.
You know, the kind of way thatyou can enroll up your sleeves
and slog through your hard work,no matter what the results
might look like in the shortterm.
Those are the kinds of behaviortraits that really did Define
(09:34):
my family experience and myparents experience.
I see that to this day as theycontinue to slog through
whatever kind of life challengesThey face, and that you wonder
if those kinds of experiences achild and as a young person
Don't prepare you for what isgonna lie ahead, because, well,
we can all be certain about isthat there's gonna be chaos in
our lives ahead, because, well,that's kind of a lot what
defines life, isn't it?
(09:55):
It's like there's a lot ofthings that you, that happen to
you, that aren't ideal andthey're troublesome and aren't
pleasant, and so you've got tolearn how to, how to handle and
adapt to those, and so movingfrom one country to the next is
not necessarily a highlyPleasant thing it.
You know, you realize howdifferent you are and how much
you have to learn.
And When you're talking aboutmoving from one culture to the
next, well, i didn't move from aculture that that spoke a
(10:17):
different language, so that'ssomething right.
Having to learn a whole newlanguage would have been
Entirely different.
I moved from an English-speakingWestern European country to an
English-speaking Americancountry, but you can imagine
that, socially and culturally,how much I had to learn.
The whole Sports complex is oneof those things.
I mean.
You have no idea how difficultit is to learn a lifetime of
(10:41):
Sports knowledge, right?
so what you learn Organicallyas a zero to 15 year old in
America, just by having ESPN onin the background And with the
information you have flowing foryour mind, if you've got a
start from zero on that, i'dfigure that out you arrive in a
new country.
Well, that's enough to makeeveryone, anyone, sweat, right,
that's a lot of work that goesinto that.
But think about that exact sameideal transferred to almost
(11:03):
every pop culture area of yourlife, any political make, any
major political Area of yourlife.
This was entire.
This was an entirely differentsystem that I had to figure out.
Schools were very, verydifferent in their structure and
approach.
The grading system wasdifferent.
The way that kids justconducted themselves socially
and interpersonally was verydifferent.
Of course, common trends, butlots of different finesse things
(11:27):
that make you either fit in orstick out, and so I just
remember Sticking out like asore thumb, a lot like here's a
great example when I moved tothe United States, i noticed
really early on that like forsome reason, all these kids
would wear shirts and ties toschool And I was like, well,
maybe that's what you'resupposed to do, you're supposed
to wear a shirt and tie.
And so, like the next day, whenI saw that I wore a shirt and
(11:50):
tie.
But what I didn't realize wasthat was the sports teams, right
, they were getting ready to goto a game and because they had,
in a way, game, they had to weara shirt and tie that day, right
.
So I wear a shirt and tie thenext day, like nobody else is
wearing a shirt and tie, becauseno one had a game that day,
right.
And I had a bunch people comingup and saying so what team are
you on?
Why are you wearing a shirt andtie today?
And also was one of those likeall silk ties really wide at the
(12:11):
bottom that had pictures ofWarner Brothers characters on it
, because that was, that was, iguess, a thing back then.
So I had to.
I had to get over.
I had to learn those kinds ofreally vulnerable lessons where
embarrassment Was a highpotential.
But all of those things whereyou've got to learn socially how
to adapt and you know What isexpected of you from a social
(12:32):
standpoint are things that youlearn when you come from one
country to the next and ofcourse, none of that is easy.
All those lessons come with abunch of embarrassment and you
got to put a ton of study intopeople and processes and systems
and Nuance in order to getthrough that and not come out of
there a pariah or a socialoutcast.
So you know, i did that.
I also, interestingly, didn'thave an Irish accent very, for
(12:53):
very long because I wanted tofit in.
I thought it was an importantthing not to stand out.
Now I, when I came it, got intocollege in my early 20s.
All the, all the guys were likeman, girls love guys with
accents.
You should have kept youraccent.
But I didn't think of it thatway.
I more thought of it like Ineed to fit in, i need to learn
how to adapt, and so I got ridof the accent and try to figure
out the clothes and when we'reWhen and when not to wear a tie,
(13:15):
and those are things I learnedpretty soon.
But all of those things are thekind of work ethic and the
adaptability things that you'vegot to learn.
You're moving from one countryto the next at their very
vulnerable age of 16.
Speaker 1 (13:25):
Yeah Well, you know
you came back to the country at
a great time, right, right inthe middle of the 90s, and so
you know You came in to BillClinton playing the saxophone.
You came in the middle ofMichael Jordan's.
You know second three Pete, youknow some of the best
alternative, you know music andyou know alternative rock that
we've had ever.
Probably.
There's a great time, right,great time, to come back to the
(13:48):
States and get indoctrinatedinto the culture here.
Speaker 2 (13:51):
Yeah, it was, and it
was a time of a little bit more
innocence too, because, like Isaid, internet hadn't hit yet
and internet, the internet, haschanged people.
We, we have to admit that,whether or not we're I mean we
whether or not we like that ornot.
I mean maybe there's a lot ofgood that has changed people for
, but it's certainly, it'scertainly fragmented people, and
now we've got lots of verysmall and Highly defined, highly
(14:14):
specialized identity spread allover about, all over different
interests groups and affinitygroups, and you know There's
lots of different ways to defineyourself as a person, from
interest levels to other ways.
And back when I came in, it wasa lot more simple than that
right you became well, you stillwere becoming just an American
right and you're, you're in.
Everyone was kind of a definedby the same kinds of pop culture
(14:34):
And the same general kinds ofmusic and sports.
So it was a good and easy wayto be introduced to a society,
and so I would imagine that's afar harder thing to do now.
When you're coming into theUnited States.
You know what exactly does theAmerican look like?
well, who knows right?
whatever, whatever Definitionof social media you want to
engage in at that point in time,at this point in time, right,
(14:54):
but back then it was a littlebit more Streamlined, a little
bit more defined and it wasn'twonderful to have time to come
into it.
And there was so much changingin the tech space that was
getting ready to change in thetech space And I was entering it
with a mindset of anadaptability and learning So
that when I did actually getinto college and what was
rolling out then in the earlyyears of college was like people
were buying their own laptopsfor the first time and then,
(15:17):
very soon into that period oftime, google was hitting the
space and we were figuring outhow to integrate desktop
technology with internettechnology.
And I was in the mode oflearning.
I was in the mode of adapting.
Although I may not have been inthe tech space and developing
out that technology, my mindsetwas very much in, you know, in
learning and figuring out how to, how to adapt to things.
(15:39):
I don't think that was totallyunique to me.
I think you and probably peoplelike us were all learning how
to adapt right then.
So adaptability and change andcomfort with change Was very
comfortable for all of us and Ithink that served me very well
and many of my peers very welltoo, because many people I know
who are my age areentrepreneurial, highly
(16:01):
entrepreneurial, and that'sbecause I think they're not
afraid of risk and change.
And it's major change thatrefines you, right?
lots of little Changes likewhatever the new social media
app?
That's not real change, that'sjust like an evolution of
something that exists.
But going from desktopcomputing to internet right,
that's giant change, right,that's.
That's societal revolutiongetting ready to unfold, and
(16:23):
there aren't very many times inhistory where we've had to
Figure out how to do societalevolution at that kind of scale.
But I came on the scene duringthat time.
I think that was helpful for alot of what unfolded
subsequently.
Speaker 1 (16:35):
Yeah, it was a
remarkable time because, you
know, i remember like in 1992 Igot my first IBM computer.
That was given to me by ateacher at school And the only
thing we could do on that was Qbasic programming, right.
So me, my friend, would writeprograms to play little games
and launch rockets and whatnot.
But then two years later, in 94, aol was out, right.
And so I remember my biologyteacher showing us dial-up
(16:56):
internet for the first time AndI was buying one of these
compact for Sario all-in-onecomputers where we had a, a
world book, cd Rom that youcould put in and it wasn't a
book anymore, you could see iton the screen, right, you know.
And then the advent of searchengines and all that, and you
know, never forget that day in2000 where Google was the first,
(17:17):
first time I saw Google on ascreen.
Just an incredible time, right,because we got to do the slow
roll with technology.
Yeah, we got to see it frominfancy, really from a consumer
standpoint, up until, you know,it started to launch in 2000,
right and um.
So, yeah, very, veryfundamental, formative time for
us to be at the ages we were at,with the ability to learn and
(17:39):
adapt to those sayings and paiddividends for us.
I think you know later on inour careers.
Speaker 2 (17:44):
But well, i think it
did.
And I think what do you thinkabout this reality?
Right, we had to learn how todo a research paper using books,
and then we learned how to do aresearch paper using the
internet and books, and then welearned how to do research with
just the internet.
Right, the level of disciplineand focus and drive that it
takes to do a research paperwith paper, books and the
library and micro fish only Is atotally different skill set
(18:07):
than what goes on to doing itwith electronic resources.
Yeah, and so if you're the kindof guy who knows how to do both
of those, right, you're thatkind of like Like tipping point
generation.
Well, you should have a wholedifferent group of grouping of
skill sets that will serve youwell when you, when everything,
moves into Technology only, andI think it really has made a
difference.
(18:27):
I, in fact, it's such adifference, it's such a unique
age that I think the people whocame just a year or two after us
, who came of age with only theinternet, have a very different
work ethic than those of us whowere born right at like 1979 and
1980.
And I see that all over and Iask our listeners to do some
self-assessment there.
Look at the people who wereborn late 70s, look at the
(18:48):
people who are born early 80sand see what you see as far as
work ethic and discipline goes,and I think you're gonna see a
very different type.
They're very different skillset.
Speaker 1 (18:56):
I You know how many
people under 40 have handwritten
a Gordon rule?
5,000 word research paper.
Oh, Right.
Speaker 2 (19:04):
Can you remember that
, mike?
Yeah, and it was like you hadto have very good handwriting to
do that, because you're a lotof white out.
Oh yeah, a lot of right now.
I remember doing thatdistinctly on, like you know,
and it took forever, and youknow there was no spell check,
by the way right, so youLiterally had to have your
spelling right.
That means you know how to usea dictionary in In concert with
(19:25):
your like world bookencyclopedia while you wrote
your paper.
Speaker 1 (19:28):
Yep, no doubt crazy.
So now tell us.
So we've got, we've gotten upto college.
Now.
So tell us about.
You know you're living in theNortheast and you decided to
come to Florida to go to college.
You know, tell us about yourselection of a school and and
then from there how you launchedinto your degree program And
where that kind of took you intoyour first job.
Speaker 2 (19:46):
Yeah, i selected my
parents on the matter.
Partly because of my faithbased background, i chose to go
to Florida College same schoolYou did, small Christian school
in Tampa and it was a logicalchoice for me.
I was coming back into thecountry, i was reconnecting with
American society.
That one was kind of a softlanding in some ways, even
(20:07):
though I finished my junior andsenior year in high school.
That would have been an easyway to kind of matriculate into
adulthood And so I chose that Iintended to go there for two
years and kind of get afoundational Associative arts
degree and then get a master'sdegree from a different school,
right So but I went and I wentinto Florida College with quite
a few credit hours from dualenrollment programs I took while
(20:30):
I was in high school.
I wrapped up high school bydoing some dual enrollment in
the German language and in someIn some biochemical sciences
which were offered in concertwith the University of
Massachusetts in Lowell.
So I was always prettydisciplined academically And I
did a bunch of research withsolar technology for a while in
my left in my last two years ofhigh school Kind of got involved
(20:52):
in lots of clubs.
I mean this was part of melearning American culture.
So I tried to immerse myself inas many of these things as I
could, but it resulted in mecoming out of high school with
about 20 credit hours and backin the day that was unheard of
right.
So now it's very common.
But 20, but well, 35 I'm kindof 25 years ago That was very
rare.
So I brought that to FloridaCollege and went through two
(21:12):
years of Florida College.
But I was able to take a littlebit more of a specialized
career track or academic track,even at Florida College Because
I had a lot of hours at thattime.
So I booked up on sciences.
I I really, you know, took a lotof classes while I was there
because my intention was I wasgonna apply to the big schools.
I was gonna come out of FloridaCollege and I was applying to
Harvard, i was applying to Yale,i was applying to rice in
(21:33):
Houston.
I had a bunch of highaspirations, you know, but not
too much realism, honestly,because my SAT scores were just
marginally good, you know, alittle above average.
I had a pretty good GPA.
I was very involved sociallyand societally at school, so I
was a lot of clubs and stuff.
I thought that would be good,but I really had no idea of how
competitive those schools wereto get into and what I noticed
after I applied to those schoolsWas that I was nothing and I
(21:56):
was gonna be rejected to all ofthem.
So made widespread applicationacross the country to go to my
like top tier schools.
That didn't work out, so one ofmy safety schools was Was a USF
, the University of SouthFlorida, and I applied to USF as
well, got accepted there, sogood for me.
I had one school that actuallyaccepted me and I went there.
(22:17):
But wouldn't you know how kindof fate goes.
But in USF is where I met you,right, i mean we met each other
in some USF classes, although Iknew you at Florida College.
We didn't hang out all thatmuch, right, and.
But I did hang out with you insome of my business classes at
USF.
And While I was hanging outwith you, i also started hanging
(22:37):
out with my wife and I met her.
And you know Those two thingswouldn't have happened if I was
up in Harvard.
Right, i would have met someonedifferent now.
It had a different businesspower.
Probably would have met theWinklevoss twins, though chase.
Speaker 1 (22:50):
You could have done a
little bit better.
Ah, man, i mean, i guess.
Speaker 2 (22:53):
I I guess I missed
out right now, but I but listen
I had you as a partner fantasticthat are as a friend.
That worked out very well metmy wife as a future life partner
and You know lots of greatsocial networks continued to
expand for me in Florida.
I put down some strong rootsthere in my first few years
being at USF and then after USF,staying in Florida.
(23:15):
You know I came out of USF withan economics degree, which was
a little bit rare for some of mypeers, and I came out right
before 9-11.
So I was able to get a prettygood job and You know it.
As a result of those things andbeing in a good relationship
with my wife at the time, aswell as having what I Felt like
was a great church communitythat I was a part of, where I
felt like I had a Role to serve,and at a distinct place where I
(23:39):
had a good fit.
I was working a lot with theteens and the young adults there
and it's kind of like You knowthe best way to describe it is
like just really involved withit, with the youth groups at
church.
No, the church is that I'm apart of don't really have youth
groups That's kind of the bestway to describe it, though and I
was very involved there withthem, and I felt like it was a
way for me to give back and toserve, and so I came out of USF
(24:01):
into a really good job Inmanagement consulting At a
health and welfare consultinggroup, and that was right prior
to 9-11, when good jobs could befound, so I was really lucky
with some of my timing there,but I do think that a lot of
that came from Chase reallypursuing diligently strong
academic pursuits.
In college, i really tried tokeep myself very sharp and very
(24:25):
relevant.
I tried to keep looking ahead,for what was that next chapter
in my life, what that was goingto look like, and I tried to
make sure That I was givingmyself all the tools I needed,
so that, you know, i'd have a,i'd have a pretty Stacked tool
chest for applying for the mostpossible opportunities when that
time of life came.
That's why I did as manydual-rollment classes as I did,
(24:46):
why I got as many classes as Ihave as I Got, why I applied to
as many schools as I did so thatI'd have as many options as I
possibly could have.
I may not have had a reallyclear idea for how I wanted to
use that as far as a specificcareer went, but I had a lot of
options and it ended up workingout.
Ended up working out prettywell for me.
Speaker 1 (25:05):
Yeah, and so you know
you.
You talked about, i think, adilemma that people often face
in their lives, no matter whatthey're doing, and probably face
multiple times, and that is,you know, at some point you have
a crossroads where you'rechoosing between aspiration and
Relationships.
Maybe you know where people areinfluencing, influencing you in
(25:25):
your life to take a certainpath, but your aspirations and
your gut may be telling you togo a different direction, and so
what would you say to peopleabout that and about you know
the impact that had on youstaying here in Florida, even
versus going off to an IvyLeague or even somewhere else to
pursue, maybe, a greateracademic aspiration?
Speaker 2 (25:46):
Yeah, that's a great
question And I think, like we
could even say, let's say, ivyLeague wasn't a realistic
Aspiration for me.
Well, i very much could havemoved to New York and pursued my
career aspirations in a citylike New York, which would have
been far more heavily steeped inyou know, a type of
professionalism at the timewhere I would have, you know,
put a lot of hours in and grownmy career Meteorically in a
(26:08):
certain kind of, you know,financial services industry.
That was certainly on the tablefor me too, and my personality
was that that was an option.
But you're but you're rightWhat was more heavily weighing
on me at that particular time?
or some of these socialpressures And I don't think it
was particularly strategic chase, i can't say that I was like I
had this great balance of like,of Social, of the importance of
these social relationships to melong term, and so I chose to
(26:31):
stay local.
I didn't have that.
I don't think I clearlyunderstood what I was doing or
why I was doing it till well.
Beyond those inflection, thosedecision points, i can look back
and I can say I'm so glad thatI allowed Relationships to be
more important to me thanpersonal career ambitions, and
(26:52):
that really is what I did there.
But that wasn't necessarily onpurpose.
In some of the ways I looked atthis, i'm like I'm just gonna
give this a shot and I alwayskept open, going to Ivy League
schools and moving to New York.
But as time continued on, myrelationships with you and my
wife grew deeper and, yeah,those those things and those
people did provide a sort ofanchor here locally.
(27:14):
But I could have pushed againstthat and I could have uprooted
my young wife and Probably saidlet's go to New York, and she
probably would have done it withme, right, but we would have
had it would have been a lot ofwork against some really
powerful headwinds to do that.
And Was it wisdom that causedme to stay back and resist those
headwinds?
Why, i think it was, but itwasn't my wisdom, it was.
(27:37):
Maybe it was maybe some otherforces that ended up working out
really, really well and had, ilike, broken Through the
boundaries, the barriers thatwere ahead of me, i'm not sure
it would have worked out better.
I think some people would havelooked at it and was like, yeah,
you were being a whole lot moredriven because you pushed to
get to where you were going, butI probably would have broken
some things in The process andmaybe I would have broken some
(27:57):
relationships in the process.
Certainly my relationship withyou would have broken Right.
We would have been in adifferent place and we wouldn't
have been able to work together.
So you know, i guess you got tolook and say I hope that my
ambition Isn't just bull in achina shop and I'm gonna break
some things that can never berepaired again, and some things
that can never be fixed arebroken relationships.
So I'm glad that I listened towhatever small voice was in my
(28:20):
head and stayed back.
Speaker 1 (28:22):
Yeah, people do play
such an important role in your
life and Influence you in somany ways and so often, like you
said, it's not until later on,when you look back in hindsight,
you realize how strong thatinfluence is or was and what
kind of benefits you reap fromthose relationships, and that's
some really good insight on that.
But so you know, i was alwaysimpressed with you right out of
(28:43):
school because you graduated usfa semester before I did You
mentioned already, there wasjust before 9-11, whereas I
graduated after 9-11 and I wasalways envious of your job.
Right, you left usf with yourecon degree and went down to
work in one of these shiny,fancy new buildings you know,
down in the West Shore District,and had a great job you know
(29:03):
Fancy title I felt like at thetime had a decent salary, you
know, i think you bought a newtruck right after you got a, got
your new job, which was awesome, and so, like I was looking at
you thinking, man, this is great, i can't wait to get done with
school and graduate so I can godown there and be like Peter,
you know so.
So tell us, tell us a littlebit about that first job, and
(29:24):
You know how long you were thereand then how that launched you
into several other jobs afterthat Where you kind of you were
able to up your game and alsoobtain some diversity in your
experience.
Speaker 2 (29:37):
Yeah, that was
interesting, right, And so it's
hard to know what exactly it wasthat caused that level of
opportunity to emerge for me.
I think you know there werecertainly more opportunities for
people right out of school, andBut I was surprised to get that
job too.
I think I interviewed reallywell.
I think that was my strength,right.
I had a very diverse background.
I had a lot of Credits and alot of just very interesting
(30:00):
things about my resume.
I had a lot of experiences thatjust my competition didn't have
and I think that worked to tomy advantage, so that when I
interviewed with some of thesehigher, higher tier management
consulting groups, i got severaljob offers and those came with,
yeah, the signing bonuses andshiny offices and nice titles
And they were very enticing andso I super blessed to get those,
(30:24):
felt very grateful, took thebest offer on the table.
I had three offers to consider.
I ended up taking the one thatwas.
You know, i negotiated a fewextra grand on the ask price and
a few extra grand of thesigning bonus, and I got some
good advice from someone that,hey, you can always negotiate
more on the signing bonusbecause that's not contractual
cool company.
So make sure you dig in formore money there.
So I did and it worked out and,yeah, i use that for a down
(30:44):
payment on a truck and a new setof clothes and all that kind of
things.
You know is wonderful.
It was like you're coming ofage, finally, right, and this is
what they say is supposed tohappen after college.
And well, worked out.
And then, yeah, 9-11 happened,but it was okay because I was in
kind of deep at that point AndI was working hard and there our
company did not do a lot oflayoffs.
I worked there for two yearsand, chase, i worked in this
dark back room cubicle farm of amanagement consulting firm
(31:08):
grinding out Actuarial type workand spreadsheet kind of work,
where I learned a lot aboutanalytics and about spreadsheet
management and underwriting andbusiness consulting.
I worked a lot in presentationsto boards that were complex and
although I didn't get to do thepresentations very often, i did
all the back work for them, andso I learned precision and
refinement in my presentations.
(31:29):
I don't know how to puttogether accurate and beautiful
stuff, that's that painted goodpictures With numbers, and that
was all very compelling.
I learned the importance ofthat and so that was a lot of
work And it was not glorious andI think my skin grew four
shades Wider as I sat out of theSun in that kind of job, but it
(31:49):
was a good job.
It's the kind of it's the timeof your life where you should do
that kind of work right,there's any kind of work, of job
, or you ought to burn themidnight oil.
It's when you're young, youdon't have kids, you know
pulling you to their sportingevents or other social events,
and you can work really, reallyhard and you should work really
hard.
And so I did and I reallyrolled up my sleeves and I dug
it out.
(32:09):
But what I did find is thatthat back office work is
uninspiring and it took a fewyears to figure it out.
But some of my learning alsotaught me that every few years
or so, if you can, it's a goodidea to find upward, upward
momentum within your company orwithin another company, because
that's that's the kind of thepoint in time at which you're,
you're, you've learned what youneed to know and now you need to
(32:31):
be advancing.
And if you're not advancing inyour existing company, well, you
can jump to another and you canadvance potentially more
rapidly and that's what I did.
I networked heavily during thosefirst few years in my first job
and I introduced myself to somegreat people and found ways to
essentially jump into othercompanies and other industries.
And so I went from thatmanagement consulting firm into
(32:53):
actually a marketing companywhere we sold advertising,
literally design and creativework, and there was some inside
connections there because theguy who ran that company also
went to church with me.
I chose to go to that companyand I worked there for two years
where I learned a verydifferent type of skill.
Now there's not a really clearprogression between management
(33:13):
consulting and advertising, so Iview that as a little bit of a
lateral, but it taught me awhole different silo of skills.
Right, if you looked at myresume you'd feel like, huh,
what happens there?
as I shot off to that point.
So it did divert me a littlebit to a different kind of
industry because I went fromthat marketing and sales job to
working at another company asone of their marketing
(33:34):
supervisors And I worked therefor two more years.
So approximately five or sixyears of different professional
companies making in each companyincrementally more money and
having more opportunity learningdifferent kinds of presentation
and analytics skills, reallyexpanding my resume, and those
are the things I did for thatfirst five years out of school.
(33:54):
I would say I took advantage ofevery networking and
socialization opportunity Icould take advantage of and
every professional developmentopportunity I could, so as to
give myself once again the mosttools, and it ended up working
out okay.
Speaker 1 (34:08):
Yeah, and so I mean
that sounds like a great
foundational base for you tolaunch your career from right.
You had experience with severaldifferent firms, several
different capacities, butsomewhere along the way you got
bit by the entrepreneurial bug,right, you know, when do you
look back and see that happening, or how did that?
how was that cultivated withinyou over that period of time To
(34:29):
the point where you thought, hey, i want to start my own
business.
Speaker 2 (34:32):
Yeah, it was very
early on Chase.
So within the first year ofworking at that, at that
management consulting firm andbeing in their back office
cubicle, you're realizing thatthis is not what you're cut out
for, that you must.
you must be more than this,right You're.
you see the people around you.
you see them 20 and 30 yearsinto their careers.
you see the level of like, ofsatisfaction, of life
(34:55):
satisfaction that they seem tohave, and what you can know is
that's not what I want formyself.
I don't want that lifestyle.
So what are my alternatives?
right, like a join the army.
that's one kind of likealternative And like.
for me, that was a realalternative, although I was
getting pretty serious my wifeat the time and that wasn't
going to work out there for myrelationship, but that's an
alternative, right.
And then there was thealternative of just
entrepreneurial work, like beyour own boss, right, you call
(35:17):
the shots, you direct your own,your own sales, right To an
extent.
And so that was very much whatI said.
I knew I needed to do, i knew Ineeded to start my own company
of some kind, and I didn't havea lot of ambition for what that
would look like.
But I started looking then, andit took me about four years to
really understand what thatwould look like and to put all
the pieces in place so that,when I had the right kind of
(35:41):
stability, where my house wasgoing to be sufficiently in
order, i could leap out of thatvery careful and curated
corporate environment into anentrepreneurial world without
feeling like I was taking on toomuch risk.
So early early on.
that happened, chase.
I think it takes years to dothat well, because you've got to
look at every move and say howdoes this fill in a missing
(36:02):
piece of my resume?
I need the skill of financials,i need the skill of marketing,
i need risk taking, i needpresentation.
So I need to like actually goto school for that right And I'm
not talking about aconventional school.
I need a job that gives me thatlearning right, or maybe
conventional school right, butin my case I needed jobs to give
me that learning, thoselearning pieces.
So I felt like I had thatsomewhat rounded skill set to
(36:26):
come out as an entrepreneur orat the very least, to add
something sufficientlysubstantive to another
entrepreneur, so I could be theying to his ying right.
Speaker 1 (36:36):
Yeah, and what you
touch on there is so important,
i think, because so many peoplewant to leave college and
immediately go start a businessor be their own boss or be an
entrepreneur right away, and Imean it works for some people,
but I'd say it's the vastminority that succeed that way.
Because there is something tocorporate America and working
for other people, where youlearn some valuable skills.
(36:58):
you learn how to be a part of ateam.
you learn, you learn skillsthat you may not be able to
obtain on your own, and you'reforced to do things, sometimes
in ways that teach you lessonsabout how things work right,
along with developingrelationships and things like
that that may be needed to helpyou be a successful entrepreneur
in the future, and so you'rebeneficiary of those things for
(37:20):
sure.
Speaker 2 (37:20):
I think that's the
right mindset Chase.
I mean, each of these jobs isan apprenticeship, right, that's
what you view that, as we'regoing to use arcane language?
right, you're going to go outon your own, you know you are
right.
So what am I going to learn inthis job to help me do that
right?
And what?
how am I going to apprenticeunder all of these master
craftsmen masters of analyticsor econ or finance or marketing
(37:42):
or whatever to get the skills Ineed to actually add some value
to someone's life long term?
And you definitely don't havethat when you walk out the door
of college, and I don't thinkyou have it for several years of
life.
I mean, let's be practical Mostapprenticeships, even in the
most basic trades, last manyyears, because no one will trust
you to do sophisticated andcomplex work for them And they
(38:02):
don't believe you have someexperience or some master master
level knowledge, and so I thinkthat's the kind of time it
takes, unless you're bringing abrand new innovation right To
the, to the four that you'vebeen able to develop over the
course of your collegiate career.
But most of us are not.
I'm bringing me, and so thething I have to offer now is I
have five years ofapprenticeship under under
(38:23):
different masters.
I've been able to package it inan effective way And I've got a
widget that I want to sell you.
Right, and that's kind of whatit was for me.
I had a widget and it reallyisn't.
It wasn't a super innovativewidget, it was real estate
services.
Lots of people do that, right.
I had a little twist on it.
I wanted to do it in from aninvestor standpoint And I wanted
(38:43):
to bring a real level ofprofessionalism to the investor
marketplace.
Well, what was timely about thatwas that in 2003, that didn't
really exist.
The real estate investor wasthis kind of gritty mom and pop
guy who bought houses on his ownand was kind of reclusive and
no one really trusted.
(39:03):
And that was the guy who was ineveryone's social network, who
was a real estate investor,right.
But I thought, hey, i could bea real estate investor and I can
do this in a professionalcapacity and make people trust
that industry more.
So I'll bring them analyticsand marketing and I'll bring
them economics and I'll bringsharp presentation skills So
they trust what I have to offer.
(39:24):
And you and I didn't.
We emerge on the scene rightwhen that was going to be a very
valuable thing.
Speaker 1 (39:31):
Yeah, we did And you
know, in hindsight we can look
back and think, man, whatperfect timing did we have for
all this to kind of unfold whenit did?
But you know, somebody goingback one step, so many people do
what you did right, they dotheir apprenticeship right, they
get their experience, theybuild their skills, but they
fail to launch right.
You know, real estate wassomething that was coming of age
(39:53):
, you know, and a hot button,you know kind of thing at that
time in our lives And we wentthat direction.
But so many people fail toeither identify a course of
action or fail to launch as anentrepreneur And they're dealing
with fear and self doubt And,you know, can they motivate
themselves to do it?
Do they have a good partnermaybe to work with?
(40:15):
They're dealing with all thesethings that that really cause
them to fail to launch in aneffort like this.
So what was it that helped youovercome some of these things
when it was that time to strike,when it was time to take
advantage of an opportunity or apath that you saw could be
beneficial or profitable in theentrepreneurial realm?
Speaker 2 (40:36):
So, chase, i think a
lot of it is mindset for me.
I absolutely 100% believed Iwould be successful.
I gave myself no margins forfailure.
It wasn't going to be.
I'll try this for a couple ofyears and if it doesn't work
I'll go back to my job.
Or?
I didn't even imagine ascenario whereby I wouldn't win
(40:57):
at this.
Right, and I think that's areally important thing for
almost anyone to remember.
If you don't burn your bridgesto wherever it is that you're
coming from, if you don't trulyhave faith in who you are, i
think it's very easy to notlaunch, because as soon as the
going gets tough, you just fallback to where you were and then
you're not really a failure,right.
(41:17):
You're just kind of likeresuming where you left off and
you don't have to, like you know, tell people that you've made a
big, you know, transition and aredirection in your career.
You know that wasn't what I was.
I was.
I am quitting my job, i'm goingto start this new company, i am
going to be successful, andthere was just not even a
scenario that failure was.
(41:38):
It was an option for me.
That wasn't in my purview.
You know, I've been asked a fewtimes.
I've talked to my wife a fewtimes.
Would I have predicted that Iwould be where I am in life 20
years ago?
And I can tell you that youknow she says no for her.
She would not have predictedthat For me.
I absolutely predicted it Andin fact I'm not quite where I
(41:59):
thought I would be.
I thought I would be evenbetter right In certain areas of
my life.
I thought I'd be betterpositioned, that I would have
more things like that.
That sounds funny to say Andmaybe you could think, wow,
that's such a greedy statementto make, but I think it goes
into the idea of.
That is the mindset Iapproached this with.
That I fully believe I can dothese things And that is, i
(42:23):
think, a differentiator Andmaybe that comes from my
upbringing.
You know that I wasn't notgoing to go out and do hard work
in order to like, and we weregoing to work for 15 years, you
know, evangelizing anun-evangelizable group of people
And we were going to besuccessful.
And maybe you know, even if weweren't going to be successful
with, like, raw converts rightin my case of growing up, we're
(42:44):
going to be successful.
We will learn so many lessonsthat will be successful next
time.
You know And maybe that's kindof the way I've approached all
this So there was no failure,there still is no failure as an
option, and if I end upfloundering for a couple of
years, or whatever my trajectoryis, it's only because I'm
learning.
Whatever next it is, i need toknow to be very successful.
(43:05):
That's my outlook.
Speaker 1 (43:08):
Yeah, i mean
self-confidence.
Something we both share, ithink, is not only are we
confident in our ability to dothings, but we're just confident
in ourselves to make it happen.
Right Now and a lot of peopleare that way, and I think, when
you have the confluence ofexperience and skill set and
hard work, that you go alongwith that kind of
self-confidence right.
It almost is a situation wherefailure is not an option and it
(43:34):
won't likely happen.
You know, because when you doall of those things well, it's
hard not to find a path tosuccess somewhere.
Speaker 2 (43:42):
Well, that's right.
And you know, even more Ibelieve in everyone else too.
Like I actually believe thatthis country is set up for
success, i actually believe thatI can be maximally successful
within you know, with otherpeople like you around me.
I believe that the structuresand the systems in which I have
been placed are all primed formy success.
(44:02):
I don't perceive them as beingas odds being stacked against me
, and you know, i know that alot of people view, see
obstacles and headwinds in whereI don't see them, and I'm not
sure always why.
That is because it's not like Ihad life served up to me on a
silver platter.
But I believe in the virtue andthe abundance of other people
(44:24):
that they desire to help me,they desire to kind of help me
along the path to success, andthat they rejoice with me when
I'm successful, because they'realso going to be successful,
right?
I believe in the true win-winof these things And I think if
that's your perspective, thenyou're not even going to
approach, you're not even goingto look at failure the same way
as someone else, because failureisn't failure.
(44:45):
It's just like this learningmoment where you're actually
gaining something really goodand you're going to go from
there to even greater success,right?
So I believe in myself, ibelieve in you, i believe in
everyone around me And man.
I might be disappointed fromtime to time on that, but
generally I'm not.
I truly believe that peoplehave over delivered in their you
(45:06):
know success and abundancearound me over my life.
Speaker 1 (45:10):
Yeah.
So you know, like you mentioned, so many people would look at
you and what you've got in lifeand the things that you've done,
and say, hey man, this guy issuper successful.
Yeah, you're sitting heretelling us that you haven't
quite reached the heights ofwhere you know you can go right.
So is that what motivates you?
Is it attaining this higherlevel of things and having
(45:30):
something out before you all thetime?
no matter what level youachieve, there's something more
to do.
And how do you keep yourselfaccountable to that kind of
standard?
Speaker 2 (45:39):
No, that's a good
question and it's one of the
most probably troublingquestions I think about when it
comes to my personality andpossibly my personality type.
I am not particularly satisfied, right, about almost anything
in my life, right, and that canmake me kind of a tough dad,
probably.
Sometimes I try to be abundantand encouraging to my kids but,
like, i truly view them from theperspective of what they will
(46:04):
be.
You know, i love them for whothey are, but I also am excited
about what they will be one day,you know, and that maybe that's
a guy thing, maybe that's notentirely natural, but it's kind
of what keeps me working withthem and then staying involved
in their lives, because Ibelieve they can be so much
better too.
So hopefully that won't comeback to bite me one day.
We were one of those dads,right, but I additionally do
(46:24):
that for myself.
I'm never satisfied.
I'm very internally critical.
I spend a lot of time, you know, biting my nails and wondering
if I should be doing somethingdifferent and I shouldn't be
driving in a slightly differentdirection or tweaking something
here or there.
I'm a little bit of a.
I do some fitness and healthstuff and you know I look in the
mirror and you see where youare today, and I don't see gains
or strength.
I often see, you know, all myinadequacies and my weaknesses
(46:46):
and I look at my times, i seelike where I'm not and not where
I am or where I want to be andwhere I'm going, and so those
things create in me quite a bitof discontentment and ambition
that's not easily satiated.
So I will say that the times inmy life where I'm not actively
growing in measurable ways arevery hard for me, because it
(47:07):
does make me say what do I needto change and what do I need to
improve to get there.
So the lack of fulfillment inwhere I am does motivate me to
keep going, and I don't knowwhat that will look like.
Chase, i think in some ways Ihave had to learn to modify what
the measures of success areright, so a truly successful and
(47:30):
happy person is equals.
What, right?
What does that picture evenlook like exactly?
Well, if it's only financialsuccess, well then you'll never
achieve full success andhappiness.
right, because there willalways be more you can reach.
So it has to be other thingsand I've had to learn how to
introduce those and balance theways into my life.
You talked in your episodeabout having a very close,
present sense of family andconnections and community early
(47:53):
on, and those were always veryvaluable to me.
I had to learn how to make someof those things a bigger
motivating force in my life toachieve satisfaction and comfort
.
And those are all things I'vehad to learn, but without a
doubt I'm motivated by what isstill out there to achieve.
Speaker 1 (48:12):
Yeah, sometimes those
things are soft targets, right,
and it's hard to quantify ormeasure the level of success you
obtain in some areas of life.
When you have diversity of whatyou do throughout your day,
right, whether in a businesspursuit, we have metrics for
that, and weightlifting orexercise, you have metrics for
(48:33):
that.
But in quality time with yourkids and developing
relationships and doingcharitable type work, it's like
sometimes it's hard to quantifythat or put a metric on it.
that's as meaningful as thework actually is.
Speaker 2 (48:48):
Well, that's right.
And I think, as your life growsmore diverse too, you're
spending less focused time inone area.
And so now your time isdiffused over multiple areas And
you're seeing slower impact.
Right, because when you caninvest everything, you've gotten
one thing.
You can see a fairly rapidtrajectory of growth.
Right, because everythingyou've got.
But if you're investingeverything, you've gotten 10
things and each of those aremoving forward slowly, right?
(49:11):
Then how do you measure success?
I mean, it's tough to see it,even.
It's certainly tough to measureit when it's a hard to measure
item.
So that's something that isalways difficult the more you
move through time and youdiffuse your time.
But the second thing is, mypersonality makes me a very
difficult partner.
So kudos to you for stickingwith me, because it's very easy
(49:31):
for me not to just rest and say,hey, we've got a good system,
we can rest on this for a whileand let that system move along.
It's very easy for me to say,yeah, but it's not good enough,
and this little thing isannoying to me.
We've got to tweak it.
Let's see what comes if weadjust this a little bit.
Lo and behold, it might not begood, right?
So maybe we tweak it too muchand we start losing momentum,
(49:52):
right?
So we've got to tweak it back.
And my personality is the kindof personality that drives that
kind of disruptive change.
And if you don't have a forceholding you back or at least
moderating your kind of energy,you can be destructive in the
environments you're in.
So I've had to look veryclosely about how my personality
impacts my relationships, mypartnerships, my quality as a
(50:15):
spouse.
Right, do I push too hard onthings within my family?
I've got some volunteer boardsthat I'm a part of and I'm like,
well, am I a little bit toonegative, a little bit too
dissatisfied with where they are?
And so all these guys are comingin here with this positive
energy that hey, look how muchwe've accomplished and look at
how peaceful things are.
And I'm like, yeah, but right,here's all the things we should
improve.
I mean like that makes meannoying, right, and really like
(50:36):
almost like I'm being criticalof other people because they've
put a lot of work into wherethey are today and here I come
saying it's not good enough.
Well, that's not a nice personto be aligned with.
So I've got to really fix mydelivery so that it doesn't
sound like I'm just saying youstink and where we are isn't
good enough and let's see how wecan change everything.
Speaker 1 (50:56):
Yeah, so we got a
couple minutes left in this part
one episode.
I think what we're going to doin part two is talk more about
the business pursuits and how wewent from 2004 to where we were
in 2016 and then today.
But to wrap up the last coupleof minutes of this episode, why
don't you talk a little bit moreabout some of your hobbies and
passions right now and howyou're finding the kind of
(51:17):
fulfillment that you look for inthose pursuits?
Speaker 2 (51:21):
Yeah well, so it is a
diverse set of hobbies right
now.
So after I well, i should sayprobably over the course of time
I have prioritized health andfitness spend a little bit of
time every day in the gym.
That's important to me.
I started running somewhatcompetitively distance running
heavily, invested myself in themarathon and tried to really
(51:43):
grow that skill in me and becamesomewhat successful in that,
Ran about four marathons overtime and it was my goal to run a
marathon at under three hours,which I did.
And then I was hoping to runBoston and under three hours and
I didn't So.
But I had by that point, runfor four years and I was like I
can scale back from that alittle bit because the amount of
(52:03):
training I was putting intothat was taking away from other
interests.
And but it was one of thoseareas where I was like Chase, i
can do this and I can get betterand I could be, i could really
be good in my age group if Icontinue to go at it.
I truly believe that too.
But that's an interest foranother life.
At this point, right, you canalways say to yourself but that
was an important interest to meand it might still be again And
(52:25):
as my kids continue to developout themselves athletically,
they enjoy some distance runningSo maybe I'll run with them,
who knows?
But that was a big hobby for me.
I also, a few years ago, boughta little bit of extra land and
have been developing out anagricultural interest around
fruit trees mainly.
Well, that's like a little bitnichey and but it's been.
It's been a lifestyleadjustment because I wanted to
(52:48):
bring my family a little bitback to a more grounded outlook,
you know, literally grounded,where we have a lot of
technology in our lives, a lotof business interests.
I want to also have a keenappreciation for our stewardship
of the land, for what we'resupposed to be doing with our
hands as it relates to the earthand propagating it and making
it beautiful.
I think these are all veryfundamental to my belief system
(53:09):
about why people were put on theearth to begin with, and they
teach you some really importantskills.
I don't want to lose that bymoving into a glittering
skyscraper city.
So I have some land and we farmthat And I think that has
created a lot of really goodtime with my family good, really
good personal time with myfamily.
My family are super important tome.
I spent a ton of time with mysons and my wife.
I'm at their athletic events, icoach their athletic teams.
(53:32):
You know these are these arereally important relationships
to me And they're the kinds ofrelationships, chase, that I'm
like.
This is my one.
Go at it right.
In just a few years my oldestson leaves the house and I'll
never get to coach one of histeams again, right, and so that
window of opportunity completelygoes away, and that goes away
from my other two sons over thenext eight years.
(53:52):
So it's a very short amount oftime where I'll never get a
chance to do those kinds ofthings.
But I will have a chance tobuild another company again.
So I've chosen to divert sometime away from my productive
enterprises and to put them inmy family, because I realize
what an exploding time windowthat is.
It's gone in in who knows howlong, right, so I'll never get a
chance to do that again.
So I'm investing heavily timethere.
(54:14):
I have some volunteerism thatare important to me, certainly
in my kids' schools and also inmy church and my church
community.
You know a church community isa big family, so you end up
spending a whole lot of timewith people and building
relationships there, because youknow, once again, these are all
people who need me and needwhat I have to offer and who I
benefit from being around.
So I'm trying to really makesure I spend time with these
kinds of people.
(54:34):
You know, for all the reasonsthat you spend time with people.
So those are the hobbies I'mpursuing, you know, and every
now and then, every year, i tryto like be really calculated
about my goal setting.
I try to expand, to have clearobjectives of success in all of
those areas.
So I'm really growing anddeveloping those skills, one of
them that you know I try to takeon skills that allow myself to
align interests with my children, and so I've gotten to diving a
(54:57):
little bit a few years agobecause some of my kids did, and
now that's created somewonderful opportunities for
one-on-one time with my children.
Now my youngest child wants todive too.
So lots of things I'm doinglike that now because I know
this is the only time I'll getto do it, and I think all of
these things are creating in mea slower pace of life right now,
but a diversity of tools andskills.
(55:18):
They're going to make adifference for me, because at 50
years old my last kid moves outof the house And I've got the
chance to be a whole new personall over again.
Right, my wife is still goingto be with me, you know.
So I'm not changing thatcomponent, but I can be whoever
I want to be at that point intime And I want to have the
maximum number of skillsavailable to me so I can make
whatever choice God sends my way.
(55:39):
That's kind of how I'm lookingat it.
Speaker 1 (55:42):
Yeah, you know I sit
here listening to that.
you know we've been sofortunate to be able to be in
these positions that we're in itin our early 40s And it's a
true blessing thatentrepreneurship brings to your
life when you're able to havesome success in it and have the
flexibility and be able to makethe decisions to spend your time
on things with an infinite ROI,you know, like family time and
(56:05):
coaching teams and you knowone-on-one time with your kids
and your wife and things likethat.
And such a blessing to be inthat position of life at this
age.
Speaker 2 (56:15):
Well, it is man And
trying to like transcend the
temporal right.
I've got this time to beproductive in life and it's
going to be done by the time I'm80 or so years old, maybe 90
years.
But I truly believe my kidswill carry on my legacy, and my
grandkids too, and I've seen waytoo many examples of kids blow
up their parents' legacies andwaste all their money.
We all have right.
(56:35):
So what I'm building right now,what I'm investing in in my
children, is legacy building,but not for personal honor, but
because if I can set my childrenup with the right work ethic,
with the right values, the rightresources, then the influence,
the things that they can do whenthey're men and women and I'm
gone from their lives and thatthey're grandchildren, that my
grandchildren can do, theirchildren can do, will just be so
(56:58):
much more exponentiallyvaluable than what I could have
done that I was able to do on myown.
I was able to be the catalystfor that over multiple
generations of people And beingin Europe, i've seen the power
of that.
I've seen kingdoms andhouseholds endure wealth over
multiple generations.
And of course you kind of seecorruption involved in all of
that.
(57:18):
But if you can look beyond thecorruption, you can see the
massive power and opportunitythat is created for those
cultures and societies to havethe preservation of wealth and
values through families.
And if I can do that just alittle bit and start that,
that's not really a common thingin America.
America is a new society withnew families and new money And
if we can turn our money and ouropportunities into old, old
(57:41):
families, old money, preservedvalues and preserved wealth, if
God wills for that to happen,there's immense power that can
come from that.
Speaker 1 (57:49):
Yeah, learning where
it takes to be successful and
then being willing to take therisk to make it happen and then
being able to teach anothergeneration those life lessons
and those give them thosestories of success and set them
up to be successful in their ownway.
Such a valuable legacy to leaveand definitely something I hope
to do with my kids as well.
But I think that might be agood way to wrap up part one
(58:12):
here.
Any other comments you want toleave our listeners with before
we end this section of theinterview?
Speaker 2 (58:18):
Well, so next time
I'm looking forward to chatting
a little bit about the few yearsof our business development.
Those were interesting years,and I think what we'll look to
is strategy the role strategyplayed or didn't play in that.
I'm kind of excited to discusssome of that with you, because
I'm interested in yourperspective, as we went through
all that together.
Was that strategized?
Was that deliberate?
How do we make the most of theroles of the dice that we were
(58:39):
making at that time?
And that's a question Idefinitely want to go into for
the benefit of our listeners.
I'll leave them with that toponder, though, and thanks again
for the great questions, chase.
It was really enjoyable tothink through some of that with
you.
Speaker 1 (58:52):
Yeah, definitely.
Hope all of you listenersenjoyed that today.
And if you want to know moreabout what we do and how we do
it, you can find us on the Webat this YouTube page.
You.