Millennial Investing - The Investor’s Podcast Network

MI315: The Power of Mentorship w/ Chris Powers

Jan 1, 2024

59:57

Snipd AI

Chris Powers, a serial entrepreneur and Chairman of Fort Capital, discusses his journey from purchasing his first rental at 17 to becoming successful. He shares the sacrifices he made, the impact of mentorship and faith, and what he learned from investor Sam Zell. The podcast also explores the power of mentorship and personal growth, early real estate ventures, and the transformative power of seeking guidance from experienced individuals.

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Episode notes

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Quick takeaways

Seeking out mentors who have achieved success in various areas is crucial for gaining valuable insights and lessons.

Making sacrifices, not only in the early stages but throughout the business growth, is necessary in the pursuit of success.

The influence of strong mentors, like the speaker's father and other experienced individuals, can shape values, principles, and encourage well-rounded personal and professional growth.

Deep dives

Importance of Seeking Mentors

One of the main ideas discussed in this podcast episode is the importance of seeking out mentors. The speaker emphasizes that there are always people who have already achieved success in various areas of life, whether it's in business, parenting, faith, or any other endeavor. They highlight the natural inclination to learn from these individuals by asking them about their experiences, including the mistakes they made along the way. The speaker emphasizes the value of seeking guidance from those who have walked the walk and can offer valuable insights and lessons.

Introduction

2min

The Sacrifices of Entrepreneurship

15min

Break for Show Sponsors: NetSuite by Oracle and Fundrise flagship fund

2min

The Power of Mentorship and Personal Growth

4min

Early Real Estate Ventures and Learning from Adam Blake

15min

Chapter Sponsor Break

2min

The Transformative Power of Mentorship

20min

A Day in the Life of the Guest and Their Various Activities

3min

In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with Chris Powers to talk about his journey from purchasing his first rental at 17 to becoming Chairman of Fort Capital and host of the entrepreneurial podcast, The Fort. They dive into the sacrifices Chris has had to make to get to where he is today, the struggles along the way, the role of mentorship and faith in his life, what he learned from Sam Zell on how to be a great investor, and so much more.

Chris is a serial entrepreneur with more than 18 years of real estate development and investment experience. He founded Fort Capital and to date, the company has invested over $2B in Class B industrial, commercial, multifamily, student housing, and residential / land development projects throughout the state of Texas and the Sunbelt.

Chris’s ability to conceptualize, raise capital, and execute are only a small part of what Chris brings to the table as Fort Capital’s Executive Chairman.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro.

02:23 - What sacrifices Chris Powers has had to make to be Chris Powers.

05:32 - The danger of pursuing status games.

05:56 - What impact Chris’ father had on his life and career.

13:19 - How his life changed after his father decided to go back to medical school in his 30’s.

44:01 - How mentorship has played a major role in his life.

49:45 - How the role of faith has impacted his life and career.

59:01 - How podcasting has opened up doors.

59:21 - What the next 10 years will look like.

61:55 - What an average day is like for Chris.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Am I Being Too Subtle by Sam Zell.
Good to Great by Jim Collins.
The Fort podcast with Chris Powers.
Listen to REI184: Beauty in Broken Things w/ John Marsh | YouTube video.
Check out the books mentioned in the podcast here.

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SPONSORS

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Connect with Patrick: (@JPatrickDonley): Twitter

Connect with Chris: Website | Twitter

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Millennial Investing - The Investor’s Podcast Network

MI315: The Power of Mentorship w/ Chris Powers