Tilman Joseph Fertitta is an businessman, entrepreneur, author, and television personality. He is the chairman, CEO, and sole owner of Fertitta Entertainment, one of the largest restaurant corporations in the U.S.
Multi-billionaire Tilman Fertitta, the world’s wealthiest restaurateur, built his empire from a single restaurant in Houston. Now he is the sole owner of Houston’s NBA franchise, the Rockets. On this episode of Impact Theory with Tom Bilyeu, Tilman Fertitta cuts out the BS and gives you the real story on how to become successful in business. He describes his core philosophy and favorite “Tilmanisms”, advocates knowing what you are good at, and explains exactly why you need to be the best at whatever it is you do, no matter how humble your starting position is. This episode is brought to you by: Fearless motivation. Search Fearless Motivation on pretty much every music platform: Apple Music, Spotify, Google Music, Deezer, iTunes...you name it, and find the perfect soundtrack for your own journey to greatness. Butcherbox. Now - November 17th: Get a free turkey plus $20 off when you sign up at butcherbox.com/impact, or enter promo code IMPACT at checkout Calm. Right now, IMPACT listeners get 25% off a Calm Premium subscription at Calm.com/impact. Forty million people have already downloaded Calm. Find out why at Calm.com/impact. Blinkist. Visit www.blinkist.com/IMPACT to try out the premium service completely free for 7 days! ITU Check out Impact Theory University at: http://bit.ly/ImpactTheoryUniversity2 SHOW NOTES: Tilman describes his mindset that you just have to keep punching [2:45] “You’d be surprised what you can take, though.” [4:58] Tilman explains that he doesn’t fear anything, but he worries about everything [5:52] Tilman talks about how he constantly looks for mistakes and finds out what’s going on [7:03] Tilman advocates that many people make the mistake of working for the wrong company [9:27] Tilman tells his story of becoming an entrepreneur and learning to sell [10:58] Tilman describes the details he looks for in a business deal [14:22] Tilman advocates that you need to know what your God-given gifts are [15:06] Tilman also says that there are certain things you need to learn that you aren’t good at [15:55] Tilman explains how he teaches decision-making to his kids [17:55] Tilman describes his core business philosophy [19:32] Tilman explains how to find the five percent of things that are going wrong in a business [21:00] Tilman advocates that you can always become the best at whatever you do [23:56] Tilman strongly advocates using simple methods repeatedly to become successful [26:08] Tilman talks about why he keeps going in business [28:46] Tilman says that he does plan out each step in his business plan [29:26] Tilman describes out-working people [31:43] Tilman shares the impact he wants to have on the world [32:21] QUOTES: “When times are really bad, we forget they’re ever going to be good again. And when times are really good, we forget they’re ever going to be bad again.” [5:36] “You gotta know what you know and what you don’t know.” [6:34] “Whatever position you’re in, you want to be the bull...You can be the bull at any position you’re doing. And it’s just telling yourself, I’m going to do this better than anyone else. I don’t care what the job is. You be the bull at what you do.” [28:06] FOLLOW TILMAN: INSTAGRAM: https://bit.ly/2BzLcBk FACEBOOK: https://bit.ly/2N0JRZL TWITTER: https://bit.ly/2W0WfwY BOOKS MENTIONED IN THIS EPISODE: “Shut Up and Listen” https://amzn.to/2PbBDR1 [2:41]
SEPARATE FROM THE PACK . We all want to be successful. Some of us even want to be wealthy. Some think that to achieve success they need to become someone different. What if you could achieve your goal just by being yourself? Perhaps the change isn't who you are but what you are doing. Maybe it's your habits or a lack of hunger. The important thing is to separate yourself from the pack. But where does the mentality of a winner truly come from? On today's episode of The School of Greatness, I talk about being a bull in your profession and being a boss that everyone wants to work with, with one of the world’s leading businessmen in hospitality and sports: Tilman Fertitta. Tilman Joseph Fertitta is an accomplished businessman, entrepreneur, author, and television personality. He is the chairman, CEO, and sole owner of Fertitta Entertainment, one of the largest restaurant corporations in the U.S. He also owns the NBA’s Houston Rockets. Tilman teaches us that the things we want are within our grasp. We have to be the bull in the room and learn how to take what we want. So get ready to learn how to let go of fear on Episode 859.
Some Questions I Ask:
How do you keep a competitive edge? (7:15)
What should you look at when you are acquiring a business? (16:40)
How do you stay grounded? (28:20)
What is your definition of greatness? (42:00)
In This Episode You Will Learn:
How to cultivate a culture that makes employees want to stay (10:30)
Why you shouldn't get caught up in things that don't matter (15:50)
Why you should always take advantage of a good deal (17:50)
How Tilman has raised grounded children as a wealthy parent (25:00)
Staying grounded and why TIlman thinks it’s important (28:20)
Tilman’s best advice on how to borrow money for a business deal (30:35)
Why you should relentlessly pursue your talents (39:29)
If you enjoyed this episode, check out the video, show notes, and more at http://www.lewishowes.com/859 and follow at instagram.com/lewishowes
I’ll be having restaurant entrepreneur and owner of the Houston Rockets Tilman Fertitta on the #AskGaryVee show today (Wednesday, September 18th at 3:15pm)!
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Gary Vaynerchuk is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the globe. He’s a sought out public speaker, a 5-time New York Times bestselling author, and an angel investor in companies like Facebook, Twitter, Tumblr, Venmo, and Uber.
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Tillman Fertitta, owner of the Houston Rockets, joins the show to talk about his new book "Shut Up and Listen", and talks about the future of in-game betting, as well as how the NBA has become the most "hip" sports league. Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers