#372 - Pete Ochs - Founder @ Enterprise Stewardship - Stewardship Vs Ownership in Business

Pete is the founder and chairman of Capital III, an impact investment company with investments in the US and Central America. Enterprise Stewardship is an initiative of Capital III that equips marketplace leaders with resources to transform their personal LIFE and business enterprises. During his four decades in business, he has invested in and operated companies in the energy, manufacturing, banking, and education sectors, often focusing on places devoid of human flourishing such as prisons and poverty-stricken countries. Pete’s passion is to educate, equip, and empower business leaders worldwide to live for something greater than themselves.  We discuss: Moving his business into a Maximum Security Prison Becoming a Steward of a business rather than an Owner Pursuing Economic, Social and Spiritual Capital We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Links Enterprise Stewardship Capital III More on Pete Ochs Pete on LinkedIn Topics (00:00:00) - Intro (00:03:46) - Pete’s background and career (00:07:55) - Moving a business into a maximum security prison (00:22:14) - How did interacting with these prisoners change your belief set? (00:25:04) - Social & Spiritual Capital (00:27:49) - The importance of generosity (00:29:27) - How can you implement this mental model to an existing company? (00:34:37) - What does your work with other companies look like? (00:37:26) - How can a company discover its purpose? (00:39:50) - Being a steward of a business instead of an owner (00:51:30) - Purpose Trusts (00:59:13) - What are some tangible steps folks can take to implement these ideas? (01:02:13) - How long will it take for these changes to materialize? (01:03:37) - The Tattoo Redemption story Support our Sponsors Vesto: https://www.vesto.com/fort Fort: https://bit.ly/FortCompanies Follow Fort on LinkedIn: https://www.linkedin.com/company/fort-companies/ Chris on Social Media: The Fort Podcast on Twitter/X: https://x.com/theFORTpodcast Instagram: https://www.instagram.com/thefortpodcast LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts

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Here, we uncover the proven strategies, insights, and inspiring stories of today’s greatest leaders in the worlds of business, real estate, entrepreneurship, and investing. Each episode’s mission is to help you to level up your entrepreneurial game by hearing directly from the men and women in the arena. Chris is able to uniquely uncover things not commonly discussed because he is an entrepreneur himself. We not only cover business, but we also cover the personal side of entrepreneurship. The Fort began in 2018 as a way for Chris to publicly explore the fascinating world of entrepreneurship. Since he was a child, he’s been characterized as obsessively curious about the world around him.  The Fort has now been downloaded over 2M times, across more than 50,000 unique listeners. Each week features conversations with entrepreneurs, Founders, CEOs, and Executives from some of the leading companies in America. Past guests have represented companies such as JLL, Hillwood, S2 Capital, Chick Fil A, Morning Brew, Founders Podcast, Tiny Capital, Permanent Equity, Fort Capital, Matthews REIS, Bonobos, and ConvertKit. 🐦 Follow Chris on Twitter: www.twitter.com/FortWorthChris 💡 Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ 📹 Subscribe to The FORT on YouTube: https://www.youtube.com/@FORTpod