The Fort - An Entrepreneurship Podcast
Business:Entrepreneurship
Rusty Reid was named president and CEO of Higginbotham in 1989 at the age of 27. At that time, he implemented the firm’s defining “single source” service model whereby customers can obtain all their insurance and financial services under one roof. He also had the foresight to establish Higginbotham’s employee ownership structure, aligning all employees’ interests in the success of the firm. Under Rusty’s leadership, Higginbotham has grown to become the nation’s 21st-largest independent insurance brokerage firm and Texas’s largest—one with full property/casualty, financial, and HR service capabilities through offices coast to coast.
We discuss:
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
Higginbotham
Topics
(00:00:00) - Intro
(00:01:56) - Infectious energy
(00:04:38) - Rusty’s early life and career
(00:22:34) - Company growth strategies
(00:31:30) - How to recruit well
(00:37:35) - Building culture
(00:42:15) - Rusty on ‘buying themselves’
(00:56:18) - Going on offense and acquiring companies
(01:01:27) - The value in staying busy
(01:05:52) - How to value an insurance business
(01:11:16) - How do you integrate an acquisition?
(01:17:10) - StonePoint partnership
(01:20:45) - Thoughts on AI
(01:26:51) - Philosophy on generosity
Support our Sponsors
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
Chris on Social Media:
X: 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
RE #198: Eric Weatherholtz - Partner at Healy Weatherholtz Properties - 'Simple little things compound into big things and everybody wins.'
RE #197: John Marsh - Co-Founder of Marsh Collective - Finding Opportunity in the Broken & Undone
RE #196: Marc Gilbert - Managing Partner of Twin Oaks - Seeking Deep Value that most overlook.
RE #195: Nathan Lenahan - A story of working at WeWork until original IPO, His new HVAC roll-up strategy with game-changing tech component
RE #194: Chris Powers & Jason Baxter Talk Fort Capital's 2021 Year in Review
#193: Chris Pate - Managing Director of True North Advisors - A Masterclass in Capital Allocation
RE #192: Tyron McDaniel - Owner of Houston Vintage Homes - A leader on a mission to build Affordable Housing for all
RE #191: Chris Powers - Real Estate Rant on Industrial, Office, and Capital Markets Heading into 2022
RE #190: Riaz Taplin - Founder of Riaz Capital - Do Well, Do Good - Developing a Billion Dollar Microliving Empire in the Bay Area
RE #189: Mike Berry - President of Hillwood
RE #188 BONUS: Chris Powers & Eric Jorgenson on Jorgenson's Soundbox
#187: Colin Landforce - CTO of Unrivaled Brands - Cannabis Industry 101
RE #186: Moses Kagan - Part 2 | On Value-Add MF, A New Core Strategy, ReConvene, Los Angeles, and How He's Looking at The World
RE #185: Moses Kagan - Part 1| On Value-Add MF, A New Core Strategy, ReConvene, Los Angeles, and How He's Looking at The World
RE #184: Kendal Harazny - Co-Founder/Principal of Wexford Developments - Developing amazing urban projects in Canada & US
RE #183: Keith Wasserman - Founder of Gelt Inc.
RE #182: Peter Lohmann - CEO of RL Property Mgmt - Building a PM Biz, 'Tasks at Scale', Airbnb in PM?
#181: Alex Lieberman - Co-Founder of Morning Brew - Building & Selling Morning Brew, Transition to Exec Chairman, Crypto / NFT's
RE #180: Chris Powers - GP Fees and The Pathway to Building a World-Class REPE Operating Platform
RE #179: John Blatchford - Owner of Kunst MF - Historic Real Estate Tax Credits 101
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Effective podcasting strategy for growth and monetization
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show