#327 - Micah Lacher - Founder @ Anchor Investments - On A Mission To Be The Most Generous Real Estate Company in the World

Micah is the President and Founder of Anchor Investments, which is on a mission to Build America’s Most Generous Real Estate Company. Micah focuses on identifying real estate investment opportunities for Anchor, raising capital, and leading the team.  He is also the founder of Mission Hotels, the only hotel brand in America that gives away the majority of its profits to support underserved communities.  On this episode, Chris and Micah discuss:  Growing up in urban Memphis The need for great schools & father figures The state of retail real estate Building Anchor How to give away money Links: Anchor Investments Micah on LinkedIn Lloyd Reeb on The Fort Die with Zero by Bill Perkins Halftime by Bob Buford 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 Topics (00:00:00) - Intro (00:03:07) - Growing up on the wrong side of Memphis (00:07:40) - The working poor (00:09:58) - The importance of good schools (00:17:05) - Micah’s early career (00:19:28) - Experiences in the GFC (00:23:27) - Micah’s job today (00:28:36) - Thoughts on the retail market (00:29:39) - Developing a trait of generosity (00:33:30) - Building America’s Most Generous Real Estate Company (00:41:15) - Buying churches and converting them to hotels (00:47:51) - How to give away money (00:54:06) - What does the inner-city need to change? (00:57:03) - Charter Schools (00:58:20) - How to get people involved in giving (01:02:22) - Raising grounded children   (01:08:55) - Why people with money don’t give (01:12:53) - How to know where to give (01:17:22) - Thoughts on giving across the street vs. across the ocean (01:18:50) - The Halftime Institute (01:24:38) - Final thoughts Support our Sponsors Better Pitch: https://bit.ly/42d9L0I Fort Capital: https://bit.ly/FortCapital Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Chris on Social Media: Twitter: https://bit.ly/3BYIjcH 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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The Fort is an entrepreneurship podcast. 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