Brett is the CEO and Co-Founder of New Story, an organization pioneering market-driven solutions to end global homelessness. Brett is a Y Combinator graduate, and New Story was named among Fast Company’s “Most Innovative Companies in the World” four times in the last five years. New Story aims to bring life-changing housing solutions to 1M people by 2030. Brett is also a Co-Founder of Hometeam Ventures, a venture capital fund focused on housing innovation.

On this episode, Chris and Brett discuss:

➡️ the massive scale of inadequate housing

➡️ how New Story is not only building homes, but creating housing markets

➡️ taking a non-profit through Y-Combinator

➡️ how to approach raising capital as a non-profit

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. 

https://www.thefortpod.com/survey

Additional Resources

👉 New Story

👉 Brett on Twitter

👉 The Builders Program

➡️ Go here to save $500 on your Re-Convene Tickets!

➡️ Check out RE Cost Seg

➡️ Fort Capital: https://bit.ly/FortCapital

➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/

➡️ Follow Chris on Twitter: https://bit.ly/3BYIjcH

➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/

➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/

➡️ Subscribe to The Fort on YouTube: https://bit.ly/3oynxNX

(00:05:08) Brett’s career leading up to New Story

(00:14:10) What is inadequate housing?

(00:16:08) What happens when you introduce a more stable way of living for these families?

(00:18:56) Experiences at Y Combinator

(00:23:36) Finding problems behind the problems

(00:27:21) Where New Story operates and how they develop housing markets

(00:36:33) Does your approach change when you enter different markets & cultures?

(00:38:28) Why is the issue of adequate housing growing?

(00:39:40) Who is in charge of the architecture?

(00:41:09) Is any of what you’re doing applicable to the United States?

(00:44:05) What are the other benefits of creating a market like this?

(00:47:34) How would you advise entrepreneurs wanting to get into the non-profit space?

(00:51:27) How should someone do due diligence on a non-profit before giving them money?

(00:55:25) How do you approach raising money for philanthropy?

(00:59:48) Is there any replacement for people who don’t have the means to do missionary trips?

(01:02:37) What’s the best way for people to learn more?

newstoryhomes.org

--

The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.

Be sure to follow the podcast, so you never miss an episode!

The FORT is produced by Johnny Podcasts