
Chris Powers
@fortworthchris • 171,757 subscribers
Long
Videos

The way someone uses AI tells you a lot about them. "Mark Cuban (Mark Cuban) has a quote I wish were mine. Some people use AI so they can learn everything, and some use AI so they don't have to learn anything." Chris Koerner (Chris Koerner) is firmly in the first camp. And he says he can spot the people who aren't. "At my church I hear talks now and I can tell. That's Opus 4.7. And I think that's a shame." His own rule is simple. AI shouldn't save you time. It should make the work better. "If I have three hours to build a lesson, I'm still going to spend three hours. I'll use AI the whole time, and it'll be far better. I could be done in three minutes. But I don't." In this clip, Chris Koerner on using AI to raise your standard instead of lowering it.
Chris Powers247,289 views • 4 days ago

At SpaceX, engineers are treated like elite athletes, and held to that standard. Ben Nowack (Ben Nowack ☀️🌎🪞) joined as a college freshman and absorbed it fast. He still quotes the way President Gwynne Shotwell framed it: “SpaceX engineers are the Navy SEALs of engineering, the professional athletes of the field.” Ben doesn't think that bar is unique to rockets. In this clip, the standard he carried out of SpaceX and into Reflect Orbital, and why he believes any company can run that way.
Chris Powers148,035 views • 7 days ago

There is only one city in the United States that doesn't grow north - Minneapolis-St. Paul, restricted by geography. Every other city in the country grows north. That's the framework Rex Glendenning has been using for 40 years to position himself in front of growth. People in Celina laughed at him 30 years ago for buying dirt in the boondocks. He plowed every dollar after taxes and overhead back into 40 and 50-acre tracts anyway. In this clip from this week's episode - the rule of thumb Rex says should be on the first page of every real estate book.
Chris Powers892,205 views • 1 month ago

When Ben Nowack (Ben Nowack ☀️🌎🪞) was an engineer on SpaceX's Dragon 2, he was sure it would ship later than Boeing's Starliner. Everything was late, broken, changing by the day. "I was like, there's no way this works." It turned out SpaceX was about five years ahead. Dragon 2 now flies astronauts - some of whom Ben has since met. In this clip, the one thing he'd leave behind from SpaceX, and the lesson he kept: you need a very high pain tolerance to get hard things done.
Chris Powers132,601 views • 8 days ago

Today I sat down with Jordan Levi, the Kosher Cowboy - a Jewish kid from the Chicago suburbs who became the largest cattle feeder in America. Jordan runs Five Rivers Cattle Feeding with a capacity of nearly a million head. He started as a runner on the Chicago Board of Trade at 13 and found his way to cattle through a hedge fund that sent him to a feedlot in Amarillo. He showed up in Gucci loafers and never left the industry. We go deep on how he trades the curve instead of making binary bets, why the cattle supply is the tightest since the 1950s, and what it takes to manage risk on nearly a million animals across 13 feedlots. I hope you enjoy this episode as much as I did. 02:16 - The Belted Galloway 03:51 - The Kosher Cowboy 08:05 - Pulling value of the futures forward 11:43 - Learning Cattle trading 16:48 - Daily average gain in cattle 18:20 - Jordan’s Eureka moment in the cattle industry 21:08 - What does trading in animals actually look like? 27:05 - How Jordan defines his ROI in trading cattle 31:17 - The Cattle curve 33:37 - The state of the cattle market 42:10 - Buying the largest cattle feeder in the world 46:09 - Grass vs. grain fed cattle 49:15 - Predictions for the cattle supply over the next 10 years 50:54 - The international market 53:17 - Trading frequencies and macro thesis 01:00:27 - USA beef vs. international beef 01:05:21 - The cattle supply chain 01:07:32 - The future of auction yards and ranchers 01:09:40 - AI in AgTech 01:12:52 - The biggest problem facing the industry 01:14:42 - Livestock as a commodity that dies and how that impacts trading theory 01:20:51 - Is there a market for new entrants into cattle? 01:21:41 - Beef prices and the impact of a closed border on the industry 01:24:39 - Jordan’s biggest ideas for the industry 01:26:49 - Philanthropic efforts 01:31:24 - a day in the life of Jordan 01:26:42 - Risk management in cattle 01:41:17 - Does what you do show a leading indicator to the broader health of the American economy?
Chris Powers820,538 views • 3 months ago

Not all subscribers are worth the same. Chris Koerner (Chris Koerner) on why he stopped posting Shorts to his main YouTube channel: "I hit 100,000 subscribers in 10 months. But most of those came from Shorts, and they're not good subscribers." "My Shorts aren't clips from my longs. So YouTube's like, 'Is this a long-form guy or a short-form guy? We don't know.'" "So we said, we'll never post another short to this channel. We'll start a brand new channel with zero subscribers." "My long-form channel went from 100,000 to almost 600,000 subs. And those extra 500,000 are so much more valuable, because they all came from long-form."
Chris Powers34,405 views • 5 days ago

Today I sit down with Nat Eliason - founder, writer, and now launching Alpha School, a new entrepreneur high school in New York City. Tuition is $150K a year. The promise: every student hits a million dollars in gross profit by graduation, or the family gets their tuition refunded. The first class is around 20 freshmen. The day is split between AI-driven academics in the morning and business building the rest of the day. This is also the Nat who in his spare time built Felix - an AI agent he gave a Stripe account, an email, and an X handle, then told to launch a business overnight. Felix has done $60+K in sales since. Nat has not touched the code. I hope you enjoy this episode as much as I did. 05:55 What Alpha Does Differently From Conventional Schools 11:48 Playing the Fake Game of School 21:46 How Nat Masters New Domains 32:18 Open Claw Deep Dive 43:50 Building the Alpha Entrepreneurship Program 51:43 Freshman Year Structure at Alpha School 1:00:23 How Students Can Pitch for Equity or Debt Funding 1:04:08 Why Establish a New York Location for Year One 1:11:15 Nat’s 10-Year Vision 1:15:11 AI as a Force Multiplier for Teenage Founders 1:16:15 How Alpha Students Quickly Reverse-Engineered a Workaround After Open Claw Went Down 1:24:13 Teen-Parent Conflict as a Symptom of Infantilization
Chris Powers179,624 views • 2 months ago

"We build our American cities around fire trucks… …We should design our cities, then make the fire trucks fit." In America, we have the largest fire trucks in the world— and they’re quietly shaping how our cities look, feel, and function. In this clip with Austin Tunnell , we break down how one overlooked policy is leading to worse urban design.
Chris Powers171,098 views • 2 months ago

There are roughly five times as many billionaires in Dallas-Fort Worth as what shows up on the Forbes list. And according to Matthew Ogle, 90% of them don't have a robust family office. Matthew is the co-founder of Legacy Knight, a $2.8B multi-family office in Dallas built to fill exactly that gap. In this clip from this week's episode - his read on how much wealth actually gets stewarded, and how much doesn't.
Chris Powers150,875 views • 2 months ago

How do you raise money for something that doesn't exist yet? Ben Nowack (Ben Nowack ☀️🌎🪞) went out to raise with no product to show and no real answer for how the thing would even work. The pitch came down to one idea: “sunlight is going to power the world”, and he'd figure out the rest. Most investors passed. A few didn't. One of those early checks was $350k, written to a guy still working out of his garage. In this clip, Ben on getting funded for a vision, back when there was nothing to point at.
Chris Powers23,392 views • 9 days ago

I don’t think I’ve ever had someone on the podcast who genuinely loves what they do for a living as much as StripMallGuy loves strip malls. In today’s episode, we talk about 20+ years of experience investing in strip malls across the country. I must say, I’m intrigued. Don Tepman runs a real estate fund that focuses on buying neighborhood strip centers throughout the United States and also runs the 'StripMallGuy' account on X and LinkedIn. Don started his career in 2002 and led his first strip center purchase in 2006. He has completed 40 purchases and raised over $150M in LP capital. We discuss: - Don’s career and mentors - What makes a successful strip mall acquisition - Building StripMallGuy and the future of the brand 2:30 - Don’s upbringing and career background 6:28 - The dynamics of suburban retail 10:22 - Don’s mentor & learnings 19:31 - Restaurants in strip centers 24:50 - Tenant mixes 28:42 - TI 34:12 - Where do folks waste money on exteriors? 35:54 - Drive-thrus 37:11 - Don’s hold period strategy 41:09 - Why do you stick to smaller deals? 44:12 - What is your approach to entering a new market? 52:10 - Why does Price per foot matter so much? 52:53 - Leasing 59:00 - Taxes and insurance 59:54 - StripMallGuy 1:08:21 - Working a deal through the system 1:12:23 - Thoughts on the market 1:18:04 - Luxury retail 1:19:39 - Meeting Charlie Munger 1:27:08 - Plans for SMG in the future
Chris Powers1,230,063 views • 2 years ago

Today I sit down with Chris Koerner (Chris Koerner), a serial entrepreneur and host of The Koerner Office - one of the fastest-growing business podcasts in the world. He’s gone all-in on media: 1.4M on Instagram, a 270k newsletter, and a YouTube channel he grew to 600k subscribers in a year. We get into how he cracked short-form, why he thinks attention is the only moat left once AI makes any business easy to build, and the filters he uses to decide what's actually worth starting. Then we go somewhere completely different - we talk in great detail about this experience as a missionary for the LDS Church. Chris spent two years in Hungary, knocked on roughly 25,000 doors as a self-described introvert, and discusses the skills it taught him that made him a better businessman. Timestamps: (00:00) Intro (01:08) From Mobile Home Parks Tweeter to Business Media Juggernaut (09:38) Why Audio Builds More Loyal Followers Than Anything Else (12:21) Facebook's Hidden Creator Payouts — and Getting Shut Down Overnight (17:11) The Two-Pizza Company: Building a Lean Content Machine (23:36) From Impulse to Publication: How Content Moves Through the Factory (28:13) The YouTube Split That Unlocked the Algorithm (33:52) The Real Mission: Inspiring Strangers to Start a Business (37:37) Why People Don't Act Until They Hit Rock Bottom (40:03) Selling Religion Door to Door: The LDS Mission in Hungary (50:01) 25,000 Doors, 11 Baptisms: What Mass Rejection Really Teaches (56:53) Homecoming: The Most Depressing Day of His (1:06:53) Violence and Death in the Missionary Life
Chris Powers15,194 views • 6 days ago

Tomorrow I'm sitting down with my friend JB Mauney, the greatest bull rider that's ever lived. He is a two-time PBR World Champion and the highest-earning bull rider in western sports history. JB rode bulls for 23 years and never once walked straight to a set of paramedics - no matter how bad the wreck. Then one night in Lewiston, Idaho, a bull named Arctic Assassin changed that. The surgeon told him he had maybe a millimeter between walking and a wheelchair. In this clip, JB tells the story of the bull ride that ended his professional career.
Chris Powers137,067 views • 3 months ago

What do the most successful families do differently? They take family meetings more seriously than most people take board meetings. In this clip, Ryan Heath, the top estate planning attorney in DFW, discusses how the most successful families he works with run their family meetings.
Chris Powers77,523 views • 3 months ago

The average age of the men who wrote the Declaration of Independence was around 22. Ben Franklin was the one outlier in his 50s. Nat Eliason's read: we've quietly forgotten that capable young people exist. Schools demand teenagers take a fake game seriously. The teenagers know it's fake. They rebel. And teen-parent conflict, in Nat's view, is mostly the friction of telling people who can do real things that they can't. In this clip from this week's episode, his theory of where teenage rebellion actually comes from.
Chris Powers49,343 views • 1 month ago

Cody Campbell (Cody Campbell) discusses the average deficit for an FBS school. It's unsustainable and getting worse. "The average budget deficit for all 136 FBS schools is $20M per school per year." In this clip, Cody lays out the current business problem and how it could get even worse if something isn't done quickly to fix it.
Chris Powers75,797 views • 3 months ago

When Barry Sternlicht was 32 y/o he started Starwood with Bob Faith and an assistant. 18 months later, after acquiring 8,000 MF units, he sold to Sam Zell’s Equity Residential REIT in return for 20% ownership. By the time he was 37 they owned Starwood Hotels and Lodgings Trust, the largest Hotel REIT in the world with $20B AUM and 120,000+ employees across the globe. Today Starwood Capital Group and affiliated entities manage over $120B in assets across the globe and have become the giant in the room. Today’s episode is full of incredible stories of how they climbed to the top of the real estate world: 0:00 - AI & Hotels 6:34 - The Midas touch 8:16 - Scaling to 120k people in 7 years 14:00 - Shared Pair REITs 27:15 - Thoughts on Blackstone 35:25 - How to buy a REIT 39:45 - Taking a company from $1B in AUM to $10B 48:50 - How did you keep Starwood Capital moving while you stepped away? 58:22 - Selling Caesar’s Palace 1:07:53 - Thoughts on the market in 2024
Chris Powers515,007 views • 2 years ago

Tomorrow I'm sitting down with Nat Eliason, founder, writer, and the man behind Alpha School - a new entrepreneur high school opening in NYC this fall. Tuition is $150K a year. The promise: every student makes $1M in gross profit by graduation, or the family gets the tuition refunded. To explain why a school like this needs to exist, Nat starts with one word borrowed from pro wrestling: kayfabe. The fake fight everyone agrees to take seriously. He thinks that's exactly what school has become for almost every kid in America. This clip is the case.
Chris Powers48,841 views • 2 months ago

Morgan Stanley holds the 2nd largest trading loss in history - $9B on credit default swaps. Now imagine, in 2006, joining the team responsible for this loss. 80 people when you start and you’re one of a couple of people left standing by 2008. You’d see and learn A LOT. Tomorrow’s guest, Simon Wagner, was in the eye of the storm. He realized he could buy portions of these distressed debt tranches for pennies on the dollar. Get ready for a remarkable story of turning a few thousand dollars into a portfolio of over $250M in assets - including one of the largest real estate portfolios in Ireland.
Chris Powers328,753 views • 2 years ago