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In this episode, we sit down with oil & gas investor Troy Eckard, who shares how he went from humble beginnings in Texas to managing over $500 million in energy assets. From surviving the 2008 financial crash to building a recession-proof investment strategy, Troy reveals the lessons most wealthy people never learn—about money, meaning, and true legacy. If you're ready to shift your mindset around investing, leadership, and generational wealth, this one is a must-watch.
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Timestamps 00:00:00 – Intro: Meet Troy Eckard ($500M+ investor & energy expert) 00:01:35 – Growing up poor in Texas & early money beliefs 00:04:20 – How he built his first oil company with no degree 00:09:15 – Lessons from almost losing everything in 2008 crash 00:12:48 – Getting back up: what Troy changed after losing it all 00:16:50 – Understanding investors: FOMO vs true discipline 00:21:22 – Why most investors don't know what they actually own 00:25:05 – The importance of in-person meetings and proximity 00:30:00 – Land development, oil, and the power of barriers to entry 00:36:42 – The "gold vs water" metaphor & the real value of control 00:42:15 – What most millionaires get wrong about money 00:45:50 – Why 75% of the wealthy Troy knows are miserable 00:50:55 – The 95/5 Rule: mindset that separates winners from the rest 00:55:04 – Real legacy vs generational wealth that disappears 01:00:00 – Business advice: don't chase trends, build for 10+ years 01:06:15 – How his partner scaled from $3M → $30M by supplying competition 01:09:55 – Why land never goes down & how Troy thinks about buying it 01:13:40 – What smart investors actually look for 01:18:05 – Proximity, lifestyle upgrades, and mindset elevation 01:23:00 – How to build authentic relationships that last decades 01:29:45 – The return of face-to-face leadership & client connection 01:35:10 – What's next for the U.S. economy (Troy's take on Trump, inflation & oil) 01:42:00 – Troy's final wisdom: dream big, pay the price, live fully 01:54:33 – Lightning round: quick fire insights on money, success & faith 01:55:00 – Outro & where to find Troy online
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Published on 1 month, 4 weeks ago
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