Chadding with Dads: How to Use Credit to Make Money with Wayne Brandt and Ron Sturzenegger

07/05/23 • 56 min

In this week’s episode of Dadages, host Chad Hagle brings you the second part of the final interview of the series “It Takes Credit to Make Money” with Wayne Brandt and Ron Sturzenegger, experts on the banking system. The conversation continues with what Ron calls the “fifteen-minute rule,” the idea that your entire career or life can change in just 15 minutes. Chad, Wayne, and Ron discuss their “current fifteen minutes,” and how their careers are being influenced by current financial circumstances and global factors. They compare and contrast the situation of today and the Great Financial Crisis they went through. Then, the guests break down what has happened with the banking system lately, especially with Silicon Valley Bank, how it’s affected the economy, and the impact it might have on the near future from their perspective. They also explain what it could mean for the real estate industry and give some advice to investors on how to navigate high-interest rates, inflation, and the situation in general. Chad then discusses and gets the guests’ opinions on the changes he has seen in the topic of customer relationships, regulations, and systematic approaches in the banking world. Ron and Wayne also explain what it means to be a “better customer” of a bank, even at a time when banks are not able to be better lenders, and the benefits this brings. The next part of the interview focuses on Wayne’s and Ron’s backgrounds and upbringing. They share how factors like their family structure, work ethic, participation in sports, and an emphasis on education and teamwork taught them many lessons and led them to where they are today. Wayne and Ron also discuss how they strive to pass on these values to the next generation by leading by example, handling mistakes, creating a healthy culture, ownership, motivation, and showing the ethics of business to their teams. Finally, they explain how the same core values and ethics direct their roles as parents and their lives at home as well. Be sure to tune in to learn valuable insights about many aspects of business and life from a group of very experienced and successful professionals!

Hosted by Ausha. See ausha.co/privacy-policy for more information.

Hosted by Ausha. See ausha.co/privacy-policy for more information.

Previous Episode

Chadding with Dads: A Conversation about Building Networks Drive Success with Wayne Brandt and Ron Sturzenegger

In this week’s episode of Dadages, Chad Hagle hosts the first part of the last installment of the series “It Takes Credit to Make Money.” Chad is joined in the virtual studio by two titans of the banking industry and fellow Stanford Alumni Real Estate Council members, Wayne Brandt and Ron Sturzenegger. They were both successful senior banking executives, and both have since left the world of big banks to pursue other career adventures. Chad introduces the guests and all their impressive accomplishments. Wayne and Ron talk about their time at Stanford and how what they learned there, and in their graduate programs in prestigious east coast schools, and the mentors they encountered have been valuable in their lives and careers. The audience learns how the guests’ backgrounds lead them to the real estate industry. Chad, Wayne, and Ron then share the importance of the networks they have built throughout the years in school and different business settings, not only to become successful but also to mentor and help other people. Wayne and Ron also explain their roles in investment banking and their years at Wells Fargo and Bank of America, including the culture they created, the time of the financial crisis, and what they did to handle it. The conversation continues with insights about topics like capital and team management, motivation, navigating a highly regulated system, and helping clients make money. Finally, the guests tell some stories from their experience in investment banking and the career lessons they learned from them. Be sure to tune in to learn valuable information about the world of real estate investment and business in general from a group of very successful experts in the field, and come back next week for Part 2!

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Next Episode

How to Focus on What You Can Do and Ignore What You Can’t with Chad Hagle.

In this week’s solocast episode of Dadages, host Chad Hagle reveals the only four-letter word that was prohibited in his family growing up, can’t. Chad explains how his father not only expected him to figure out how to do something but also expected him to struggle in order to develop self-reliance, and it worked. He learned that there’s always a way; it might not be obvious, and it might take a long time, but there’s no limit to one’s capabilities. Chad also shares some of the responses he got from his father and mother when he expressed frustration over something being too difficult, emphasizing the importance of not giving up. The episode continues with a discussion of the high number of adults who experience disabilities, a subject the Dadages team decided to dedicate time to in July, which is National Disability Awareness Month in the United States, inspired by some members of the Dadages friends and family. Some of them will share their stories in upcoming episodes, make sure you don’t miss it! Chad then talks about the “can do” mindset and its application to professional life, citing some of his own recent career experiences. He discusses the importance of understanding the rules, not to break them but to navigate them to produce the best outcome possible and maximize the results of hard work. Next, Chad explores the principle of tailoring communications toward achieving results in business by introducing efficiency into interactions and being prepared in the event that another party fails to respond or take action, always producing pathways forward. Finally, he addresses how to combat the very damaging human trait of procrastination. Chad’s advice is “Don’t let what you don’t what to do prevent you from doing what you should do.” He also gives some guidance to leaders on how to create a dynamic organizational structure that allows for the optimization of overall performance to ensure the highest level of achievement. Be sure to tune in to learn valuable insights about overcoming obstacles to accomplish great things. Don’t miss the rest of the episodes on this topic for the rest of the month!

Hosted by Ausha. See ausha.co/privacy-policy for more information.