Failure Often Precedes Success - August Felker - Founder and CEO of Oberle Risk Strategies

My guest today is August Felker, the Founder and CEO of Oberle Risk Strategies, a forward-thinking insurance agency serving a national client base from its home in St. Louis, Missouri. August has over 20 years of insurance industry experience and has successfully bought two companies using the search fund model. His lineage in the insurance space extends back through his father, grandfather, and great-grandfather, all of whom owned insurance agencies in St. Louis. In our conversation, August and I discuss the impact his high school has had on his life, the formative experience of being a camp counselor during college, and how failure has often been the pre-cursor to success in his life, among other topics.

August Felker:

Oberle Risk Strategies

August on LinkedIn

Tim Ludwig:

Tim on X

Podcast website

Topics:

(00:00:00) - Intro

(00:02:10) - August’s defining moments of childhood

(00:14:43) - Mentors

(00:19:30) - College experiences as a camp counselor

(00:23:41) - Leadership lessons

(00:28:18) - Creating an environment of tradition

(00;31:36) - August’s early career in San Francisco

(00:36:03) - Learning Sales, Marriage & Launching a Search Fund

(00:45:40) - Learnings from selling an acquired business

(00:55:21) - The power of resilience

(00:59:00) - What has been most surprising about your life?

The content of this podcast does not constitute investment advice, an offer to provide investment advisory services, or an offer to sell or solicitation of an offer to buy an interest in any investment fund.

Transitions with Tim Ludwig is produced by Johnny Podcasts