The Business of Family

Chris Powers - How Big Of An Impact Do You Want To Have?

The Business of Family

Show Notes

Chris Powers is the Founder and Executive Chairman of Fort Capital and the host of The FORT podcast. Chris is a serial entrepreneur with more than 16 years of real estate development and investment experience. Since founding Fort Capital, the company has invested over $1.4B in Class B industrial, commercial, multifamily, student housing, and residential and land development projects.

His drive to always remain curious, desire to connect with and learn from others led Chris to start his podcast, The FORT. In the FORT, Chris talks with leaders of businesses across real estate and a variety of industries and dives deep into ideas and topics that are not regularly discussed. Chris covers each guest's story and explores in detail the critical moments that led to success, failure, growth, and confidence. He has successfully published over 200 podcast episodes.

Standout Quotes:

"You only are going to be on this earth one time, you really are not coming back again after the first time; let's make the most of it" - [Chris]

"Everything that you were mad at your parents for when you were a kid, is everything you respect them for when you're an adult" - [Chris]

"Money never mattered to my dad, being content and serving others did" - [Chris]

"I think it's a very special thing in life to really want to be good at something" - [Chris]

"If you're a parent and you actually can't give your kids the things they want, it makes it almost easy; what's tough is when you can give them what they want and you choose not to" - [Chris]

"How can you expect someone that grew up with everything easy and given to them, to ever have that burning desire" - [Chris]

"Kids don't learn by words, they learn by actions, so I can say everything I want to my kids but they're going to be watching what I'm doing" - [Chris]

"You don't keep families together, particularly with the amplification of wealth, if you're not intentionally practicing the values" - [Mike]

"We're living in a really cool generation where I think we're going to be able to tell our stories to our kids like nobody's been ever been able to do it before" - [Chris]

"There's just very few people that matter in this world that you remember because of how much money they had, it's really about what they did… you will be defined by how much people remember you" - [Chris]

"The majority of businesses that do really well hit singles and doubles over and over"

"When's enough enough?... it depends on how big of an impact you want to have" - [Chris]

The first great business decision you're going to make is who you marry" - [Warren Buffet, Chris]

"There's things in life that are either giving us energy or taking away energy" - [Chris]

Key Takeaways:

Chris Powers is the Founder and Executive Chairman of Fort Capital. He is also the host of the podcast, "The FORT", as well as a serial entrepreneur with over 16 years of experience in Real Estate Development and Investment Experience. Chris is a first-generation entrepreneur with stories that shaped him down to his relationship with his children.

Chris's dad was a lawyer who valued education, however, after 13 years of being a lawyer, He decided to become a doctor. With two kids and a wife at home, He left law and started medical school at the age of 39 which took place over 8 years with a financial toll on the family. The experience during those years created the foundation for the impression Chris has about money, feeling fortunate to have been more deprived of things than his peers. Chris also learned the importance of doing things in life that give fulfillment.

Because of the experience of not having money over those years, Chris became an entrepreneur at a young age to get the money he needed. However, Chris has a fear that his success allows him to skip the chances to deprive his kids of the things they should be deprived of.

Following the passing of his dad, Chris witnessed a turnout at the funeral and stories that depicted the level of

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