Entrepreneur Markus Nassar joins Hazem and Mack to share his journey from a multicultural upbringing and international travel business to building a multi unit Jimmy John’s empire in Texas. From Jordan and Germany to Boston and Dubai, Markus traces his path through a family travel company that expanded across several countries before he sold it after 9/11 due to extreme volatility. He explains why he turned to franchising, how he evaluated brands, and how he settled on Jimmy John’s to secure strong A locations. Markus details buying underperforming stores from absentee owners, developing long tenured teams, and granting equity to key operators so they think and act like owners. He also introduces his work in funeral funding, where purchasing life insurance assignments from funeral homes helps families cover costs during an emotionally difficult time. The conversation closes with his growing supplement brand Pump Sauce, his reflections on younger generations, and the deep work ethic and curiosity that keep him learning new industries. Learn more about Jimmy Johns Houston, Pump Sauce, and Link Funeral Funding. To learn more about Integrity Bank, go to itx.bank. Subscribe to Banking on Integrity on Apple Podcasts, Spotify, or wherever you get your podcasts! Key Takeaways 1. Markus shifted from a volatile global travel business into franchised restaurants, carefully selecting Jimmy John’s to gain access to strong locations and a proven model. 2. He grew by buying existing units from absentee owners and building a core team of long term operators who hold equity, aligning their incentives with store performance. 3. Through a funeral funding company, Markus helps funeral homes and families bridge the delay between death and life insurance payouts by purchasing assignments on policies. 4. Funeral practices and funding needs vary widely across cultures and faiths, from quick, low cost burials supported by community to lavish services financed through pre need insurance. 5. Markus continues to diversify into supplements, catering, and other ventures while emphasizing work ethic, character, and a lifelong commitment to learning over rigid plans. Timestamped Overview00:56 Hazem welcomes Markus to share his background and path to Houston.01:14 Markus recounts being born in Jordan to a Palestinian Armenian father and German mother, moving to Germany for school, and later studying at Boston University.01:40 He describes returning to Germany to join the family travel business, expanding offices into Dubai, Indonesia, and Spain, and experiencing the sector’s sensitivity to geopolitical shocks.02:30 Markus explains selling his travel company after 9 11 and moving back to the United States intending a short stay that turned permanent in Texas.02:53 He shares how a romantic dream of owning restaurants led him into franchising and eventually into Jimmy John’s after evaluating multiple brands.03:24 Markus recalls reviewing SBA statistics on restaurant failure rates and deciding franchising offered better odds for an inexperienced owner.04:03 He explains why Jimmy John’s appealed as a young system that still offered A locations, unlike mature franchises that would push him to weaker markets.04:32 Markus notes opening his first store around 2007 and eventually building a network of units concentrated in Austin and across Texas.05:00 He details a strategy of acquiring stores from absentee owners, often professionals living out of state, and turning them around with a committed internal team.05:58 Hazem highlights that Markus now owns about 35 locations and asks why he grants equity to five key leaders rather than only raising their salaries, a question that resonates with Hazem and Mack.06:16 Markus explains that equity creates emotional ownership, deeper commitment, and long term alignment, even if salary alone could exceed their profit share.07:00 Mack notes how equity changes mindset and behavior and praises Markus for mentoring team members who started as drivers and sandwich makers.09:34 Hazem personalizes the point with his neighborhood Jimmy John’s, pointing out long tenured staff and a manager who has been there since 2008.09:57 Hazem asks how Markus identifies the next generation of employees with potential and what traits he looks for in rising talent.10:28 Markus says his approach is organic, relying on quickly sensing work ethic, caring, and character, then moving those people up as the business grows.11:26 Hazem likens that intuition to a sixth sense and notes how small actions like punctuality and picking up trash signal deeper commitment.11:49 Mack invites Markus to discuss ventures beyond Jimmy John’s and Markus mentions involvement in a supplement company, a catering firm, and a funeral funding company.12:24 Hazem asks to start with funeral funding and Markus explains average funeral costs, common reliance on life insurance, and payment delays tied to death certificates.13:32 Markus walks through how funeral homes take assignments against life insurance policies and then sell those assignments to funding companies like his for immediate cash.14:34 Hazem shares a personal story about navigating an unexpected death in his circle and reflects on the pressure families face when unprepared.15:19 Mack notes how many people avoid planning for a guaranteed event like death and how that avoidance cuts across ages.15:23 Markus agrees and observes that people often prepare for many certainties except death due to fear and discomfort discussing it.16:11 Markus explains that some lower cost religious funerals rarely require funding while others, such as elaborate weekend long services with catering and security, can reach 50,000 dollars.17:33 Hazem notes how cultural precedent and family burial patterns can drive expectations that may exceed present financial realities.18:05 Markus likens funeral decision making to weddings, where families often avoid skimping at emotional moments even when it is not economically rational.18:35 Hazem urges listeners to preplan and communicate wishes, sharing a conversation he had with his children about types of death and preparation.19:35 Markus offers a lighthearted reflection on seeing death certificates with birth dates close to his own and how that reminder pushes him to enjoy each day.21:10 Hazem transitions to Markus’s supplement venture and asks how it helps keep people out of funeral homes a bit longer.21:19 Markus recounts partnering with professional bodybuilders who created a novel liquid pump product and how he invested and helped grow the brand.23:13 He outlines the product line including Pump Sauce, liquid L carnitine, caffeinated pre workouts, sleep gummies without melatonin or THC, and protein gummies, plus learning Amazon, Shopify, TikTok, and export channels.24:03 Hazem notes younger generations seem more engaged with supplements than nutrition and asks why that shift is happening.24:28 Markus admits struggling to understand what drives younger people, oscillating between confusion and appreciation of trends like reduced alcohol use.25:33 Markus points out data showing younger people drinking and partying less and spending more time in smaller groups, which he views as a positive development.26:02 Mack comments on how constant exposure to content and short attention spans drive rapid shifts in focus, contrasting that with older generations’ emphasis on deep relationships.26:57 Markus shares that he prefers returning to the same restaurants, building bonds with staff, and worries that younger people interact differently but still seem to be doing fine.27:23 Hazem notes it is unfair to expect younger generations to replicate their parents’ behaviors given radically different tools and environments.27:55 Hazem observes that Markus constantly mentions learning and asks where his drive to keep learning new businesses comes from.27:55 Markus credits his father and grandfather’s work ethic, shares his 83 year-old father’s new tourism contract in Saudi Arabia’s Neom, and describes deriving joy from building and learning across multiple ventures.29:50 Mack compares that mindset to banking as a profession that allows learning across industries and says he is jealous of Markus’s vantage point as a serial entrepreneur.31:01 Hazem warmly invites Markus to explore that path and closes by praising his grace in business, dedication to his teams, and friendship. 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