152 episodes

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!

The FORT with Chris Powers Chris Powers

    • Business
    • 5.0 • 225 Ratings

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!

    #152: Eric Jorgenson - Creating The Almanack of Naval Ravikant, Leverage, and Building Online Courses

    #152: Eric Jorgenson - Creating The Almanack of Naval Ravikant, Leverage, and Building Online Courses

    Eric Jorgenson is the author of The Almanack of Naval Ravikant, which collects and curates Naval’s wisdom from Twitter, Podcasts, and Essays over the past decade. He is also the founder of the Leverage Course, which was created to help people learn how to accomplish superhuman feats by playing a different game — building leverage.
    On this episode, Chris and Eric discuss the process for writing the book and the impact that Naval has had on Eric's life. They also go in-depth on creating online courses, including the things that did and didn't work. They finish with a great discussion on creating leverage in a world that could evolve into one where more people operate anonymously online. Enjoy!
    Follow Chris on Twitter: www.Twitter.com/FortWorthChris
    Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
    Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
    Watch this Episode on YouTube: https://youtu.be/PgVUf0pEjeY
    (02:37) - Eric’s Background and Bareer
    (03:42) - Eric’s Daily “If you could complete one thing today, what would it be?” Tweets
    (05:59) - Monthly Goal Setting
    (08:23) - The Almanac of Naval Ravikant
    Poor Charlie’s Almanack
    (14:21) - What’s a 1-0 Quality filter?
    (15:22) - How did you decide on the final buckets of the book?
    (17:20) - Did you have a playbook to rely on for writing this?
    (18:15) - When do you know you’re done?
    (20:10) - Did Naval pre-screen and approve the final copy?
    (21:02) - How did you get Tim Ferriss to write the Forward?
    (22:22) - How did Naval become Naval?
    Naval with Shane Parrish
    Naval with Tim Ferriss
    Naval with Joe Rogan
    Naval's thread on how to get rich without getting lucky
    (25:42) - How did you get interested in these figures like Naval and Charlie Munger?
    The Munger Recommended Reading List
    (27:20) - If you asked Naval and Charlie “What is going on in the world?” What would they say?
    (31:08) - If you were to do a second book, what would you do differently?
    (34:31) - How do you know if the book is successful right now?
    (36:04) - What do you mean by “Everybody knows what to do with a book”?
    (37:57) - Did your course, Leverage, spin from what you learned from writing the book?
    (39:48) - Eric’s Partner Justin Mikolay 
    (42:06) - What was something that wasn’t obvious to you that Justin pointed out to make the course great?
    (44:16) - How do you know what to teach and how to avoid writer’s block when creating the course?
    (48:06) - What happens at the end of the course?
    (50:43) - What is an Aspirational Hourly Rate?
    (54:30) - What are self-imposed obstacles and what is a study group?
    (57:41) - How do you think about Leverage if we’re headed to an anonymous online world?
    (1:10:54) - What is one thing you believe that most people do not?
    (1:11:26) - Do you have a morning routine?
    (1:11:48) - What’s the Best Book You’ve Read
    The Systems Bible by John Gall
    (1:12:50) - How can people find you?
    www.navalmanack.com
    Jorgenson's Soundbox
    Eric on Twitter
    www.EJorgenson.com
    The FORT is produced by Straight Up Podcasts

    • 1 hr 14 min
    #151: Codie Sanchez - Founder of Contrarian Thinking - Helping People Think & Make Money

    #151: Codie Sanchez - Founder of Contrarian Thinking - Helping People Think & Make Money

    Codie Sanchez is the Founder of Contrarian Thinking, a newsletter dedicated to inspiring mental and financial freedom. She acquires SMB's across different industries as well as investing in the legalized cannabis industry. 
    On this episode, Codie discusses her early career as a Conflict Journalist on the U.S./Mexico Border, her position on financial freedom, how she was able to build a successful newsletter, and the trend of investors becoming influencers.
    They also discuss Codie's passion for SM, her process for finding businesses to buy, and implementing her own operators. Chris and Codie wrap up with some hot topics such as college, Twitter trolls, and failure. Enjoy!
    Follow Chris on Twitter: www.Twitter.com/FortWorthChris
    Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
    Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
    Codie on Twitter: www.Twitter.com/Codie_Sanchez
    Watch this Episode on YouTube: https://youtu.be/Vw26Z17va9c
    (02:32) - Codie’s Background
    (04:31) - What is Conflict Journalism?
    (08:34) - Codie’s Views on Financial Freedom
    Read Her Tweet here
    Newsletter: Contrarian Thinking
    (12:12) - Venezuela’s Currency Crash and How Currencies Lose Value
    (14:45) - How did you build your newsletter Contrarian Thinking?
    (18:46) - When do you write and how do you find inspiration for what to write?
    Notion
    (22:35) - What’s the ultimate goal for your newsletter?
    (24:17) - Investors are Becoming Influencers
    (28:40) - Is this a bubble or are the fundamentals of investing changing?
    The Sovereign Individual by James Davidson
    (31:04) - Robinhood
    (32:47) - Why do you love SMB and what kinds of businesses interest you?
    (35:13) - How do you find deals and filter through to the ones that matter?
    Flippa
    BizBuySell
    (37:40) - How long does it take you to make an offer, and when do you find an operator?
    (39:07) - Are the majority of folks selling looking to exit entirely?
    (39:51) - How do you find operators?
    (41:50) - How do you finance your deals?
    (43:17) - How do you hold people accountable and keep folks incentivized? What role do you play post-sale?
    (47:10) - Are you buying these businesses with the plan to grow them? How do you receive cash from these businesses?
    (49:44) - What businesses do you like right now?
    The Third Wave: An Entrepreneur's Vision of the Future by Steve Case
    (53:20) - Wealthy is Healthy
    (56:52) - College or Not?
    (58:09) - Dealing with Twitter Trolls
    (1:02:13) - Time Management 
    (1:05:21) - What are some of your biggest failures?
    (1:11:33) - Do you have a childhood experience that shaped who you are?
    (1:14:10) - What is something that you believe in that most do not?
    (1:15:48) - How can people find you?
    ContrarianThinking.co
    Codie on Twitter
    The FORT is produced by Straight Up Podcasts

    • 1 hr 18 min
    RE #150: Step by Step Acquisition Process at Fort Capital - How You Transact Matters!

    RE #150: Step by Step Acquisition Process at Fort Capital - How You Transact Matters!

    On this episode, Chris breaks down how Fort Capital transacts and acquires properties. He starts with the company's emphasis on how important their process has been to their success, who's involved, and what type of deals they pursue. Then he breaks down each step of the acquisition from the time a deal is brought to their attention to closing. Enjoy!
    Follow Chris on Twitter: www.Twitter.com/FortWorthChris
    Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
    Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
    Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
    (01:12) - How You Acquire Properties Matters
    (03:03) - Who’s involved in the process?
    (03:31) - Pursuing Off-Market & Light-Market Deals Instead of Auctions
    (04:53) - Acquisition Consultants
    Leads.FortCapitallp.com
    (06:36) - Running a ‘Quick Check’
    (08:00) - Deal Pipeline Folders
    (08:45) - Weekly Deal Meetings 
    (12:13) - Investment Committee Meetings
    (12:53) - Drafting an LOI
    (13:45) - Project Kick-Off
    (15:19) - PSA (Purchase Sale Agreement)
    (15:54) - Writing an Investment Memo
    Listen to FORT #81 for more details on Investment Memos
    Fort Capital Free Resources
    (18:33) - Raising Capital 
    (21:07) - Bank Financing 
    (22:50) - Getting Entities Developed (Bank Accounts, Titling, Administrative Tasks)
    (23:19) - Property Management Due Diligence
    Listen to FORT #97 for more detail on Due Diligence
    (23:48) - Huddle-Up Before Going Hard on Our Money
    (24:38) - Wrap Up 
    The FORT is produced by Straight Up Podcasts

    • 26 min
    RE #149: Sean Sweeney - Deep Dive on How To Develop Infill Boutique Class-A MF Properties

    RE #149: Sean Sweeney - Deep Dive on How To Develop Infill Boutique Class-A MF Properties

    Sean Sweeney is the Co-Founder of Hall Sweeney Properties, a Minnesota-based multi-family development company. On this episode, Sean talks about his journey working as a receptionist in the industry, navigating through the '08 crisis, and ultimately founding his own firm.
    Sean also breaks down the process of a ground-up development including what to look for in sites, bringing on architects and contractors, his passion for design, terms to look for in contracts, property management, and stabilization. Enjoy! 
    Follow Chris on Twitter: www.Twitter.com/FortWorthChris
    Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
    Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
    Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
    Sean on Twitter: www.Twitter.com/SeanDSweeney
    (02:35) - Sean’s Background and Early Career as a Receptionist at Trammel Crowe
    (07:52) - What did you do to position yourself as a person to hire for project manager when it was the right time?
    (10:19) - Sean’s Movement During the ’08 Crisis 
    (17:01) - Sean’s Jump to Starting His Own Organization and Decision to Focus on Class A Urban Infill 
    (21:53) - How did you find your partner and what role does he play in the company?
    (24:03) - Setting the Stage - Are there any other full-time employees in the company or is it just you and Jeff?
    (26:58) - How long do these deals take from walking the site for the first time to where it’s stabilized?
    (31:12) - What makes a site ‘great’ for you in a project?
    (34:33) - Is most of the land you're putting under contract un-entitled for multi-family?
    (36:16) - How do you find sites?
    (39:07) - What does your preliminary underwriting process look like?
    (42:12) - How do you pull rent prices?
    (42:48) - The LOI Process & 3rd Party Reports
    (47:06) - What terms matter in contracts and what does the site need to be when you’re ready to close a year later?
    (50:58) - What stages of the contract do you put up hard money?
    (52:13) - What city approvals are you typically getting on deals?
    (54:05) - At what point are you hiring the architect and does the GC participate with them? How do you come up with a budget that fits your design and that you’re comfortable the GC can deliver?
    (57:03) - Are there any big points in a contract with a GC that matter?
    (1:00:47) - Who is accountable for the MEP and structural engineers: the architect, the contractor, or you?
    (1:01:17) - Where do you get inspiration for design?
    (1:03:35) - Do you spend more on projects because you’re so design-forward?
    (1:06:03) - Do you get paid premiums in rent because of your design approach?
    (1:07:27) - Property Management Needs on 45-unit Property vs. a 100+ Unit
    (1:09:01) - Does your architect mock up your interior as well?
    (1:09:41) - Who does your common amenity furniture?
    (1:09:57) - How do you process draw requests?
    (1:11:04) - How do you finance projects and what happens when you stabilize since you are looking for long-term holds?
    (1:15:40) - What’s the most popular unit size right now?
    (1:16:59) - What amenities matter right now?
    (1:18:59) - Are there any repeat issues you’ve seen from design to breaking ground?
    (1:20:46) - What are some of the biggest surprises that you weren’t expecting as you look back?
    (1:22:42) - How did the civil unrest in MN last year affect your business?
    (1:27:25) - What’s the best book you’ve ever read?
    Rich Dad Poor Dad by Robert Kiyosaki
    Emotional Intelligence (EQ) - Daniel Goldman
    (1:29:33) - How can people find you?
    Twitter - www.Twitter.com/SeanDSweeney
    seandsweeney@gmail.com
    The FORT with Chris Powers is produced by Straight Up Podcasts

    • 1 hr 31 min
    #148: Chris Powers - Transitioning from CEO to Chairman, Twitter, Failures, Routines, & Podcastin'

    #148: Chris Powers - Transitioning from CEO to Chairman, Twitter, Failures, Routines, & Podcastin'

    On this special bonus episode, Chris is joined once again by Kevin Dahlstrom (Episode #131 of FORT) for a role-reversal interview. Chris talks about his current career transition and how the past 2 years have lead him to his decision regarding his role at Fort Capital. Kevin and Chris also discuss creating space to think, being multi-dimensional, Twitter and more. Enjoy!
    Follow Chris on Twitter: www.Twitter.com/FortWorthChris
    Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
    Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
    (01:14) - Chris’ Current Career Transition
    (10:39) - Do you think of yourself as a ‘Zero to One’ person?
    (15:15) - Chris’ “Oh, sh*t!” Moment at the Beginning of COVID
    (19:31) - Was there a specific moment that was the catalyst for making your career change?
    (24:08) - The Enneagram Test
    (26:42) - How are you thinking about what’s next for you in life?
    (32:17) - Creating Space to Just Think
    (34:09) - Being Multi-Dimensional as a Key to Happiness
    (36:47) - “Stacking the Pancakes”
    (40:51) - The Time-Billionaire
    (41:40) - Chris’ Experience with Twitter
    (51:55) - Chris’ Habits and Routines 
    (56:45) - The Letter Writing Exercise
    (58:34) - Building in Public: Chris and Kevin’s upcoming Brainstorming Trip
    (1:03:36) - What’s one thing you’re looking forward to?
    (1:06:53) - Wrap Up and Final Thoughts
    The FORT with Chris Powers is produced by Straight Up Podcasts

    • 1 hr 10 min
    #147: Rhett Bennett - Founder of Black Mountain - A Bull Case for Nickel, Oil & Gas

    #147: Rhett Bennett - Founder of Black Mountain - A Bull Case for Nickel, Oil & Gas

    Rhett Bennett is the Founder and CEO of Black Mountain, a private natural resources company with several business units: E&P operations, commercial saltwater disposal, midstream, and in-basin frac sand mining. 
    On this episode, Chris and Rhett deep dive into the Nickel industry. Black Mountain has recently stepped into the industry by purchasing a mine in Western Australia. Rhett delivers great insight into how Nickel is used in battery metals and will be critical for the Electric Vehicle industry. They also talk about the decreasing investment in Oil & Gas and how that creates a wealth of opportunity for the industry, and some great statistics that knock some reality into the increasing calls for more EV's. Enjoy!
    Follow Chris on Twitter: www.Twitter.com/FortWorthChris
    Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
    Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
    (02:50) - Rhett’s Background
    (06:26) - When did you move from friends and family money into institutional money?
    (07:01) - Do you look at what you do as high-risk? 
    (08:50) - Is there an education you put yourself through before entering a new venture?
    (12:11) - How quickly did you hire Hayden Gillespie after meeting him?
    (13:05) - How did you get into nickel?
    (21:24) - Global Warming
    (27:36) - What does 80% more efficient mean when you talk about nickel for an internal combustion engine?
    (29:55) - Is nickel used for anything other than batteries?
    (30:20) - What are the two classes of nickel?
    (30:54) - How do you hire a team in Australia from America?
    (34:23) - Why did you implement new leadership in the Australian company you acquired?
    (37:01) - Is there a lot of nickel in the world?
    (42:20) - Opportunity in Betting Against ESG
    (44:32) - What brings money back into Oil and Gas?
    (47:37) - Nickel & Oil and Gas Statistics
    The FORT with Chris Powers is produced by Straight Up Podcasts

    • 55 min

Customer Reviews

5.0 out of 5
225 Ratings

225 Ratings

KKoupal ,

Great Insight

Great insight on real estate, business and life. Well worth a listen.

Benja Suarez ,

Amazing Podcast

Chris has a talent for storytelling and interviewing successful entrepreneurs and business leaders.

This podcast is amazing for all things business, not just real estate. This podcast is a must listen if you are on the fence whether or not to give it try.

RC098er ,

Tons of great stuff!

A wide-ranging discussion on all aspects of business and personal development with interesting people you don’t hear everywhere else.

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