Episode Transcript
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0:23
Welcome to a very special series
0:25
of conversations diving deep into the mindset
0:28
shift needed for the regenerative transition
0:30
, hosted by Emma Chauw , friend of
0:32
the show and active in the regenerative space
0:34
. For a while , she worked with many of the largest
0:36
food corporations in the world and went
0:39
on a deep personal regeneration journey
0:41
, leading , among other things , to a love
0:43
for cacao . This is the first time
0:45
we host another voice on the podcast , so I hope
0:47
you all give her a very warm welcome . Emma
0:50
, the mic is yours .
0:54
Thanks , koon . It's great to be back , and this
0:56
time in the hosting seat . Through
0:58
six rich conversations with a range
1:00
of guests , we're exploring the role
1:02
of the mind . What mindset
1:04
enables people to serve as regenerative
1:07
leaders for a radically better food system
1:09
? What are the common threads across
1:11
these conversations ? Well , we're
1:13
about to find out . We're looking at regeneration
1:16
from the inside out . This
1:18
series is supported by our friends at Stray
1:20
, who are exploring systemic investing
1:23
with awe and wonder , as well
1:25
as our friends at Mustard Seed Trust , who
1:27
are enabling a transition to a care economy
1:29
that fosters regenerative food systems
1:31
. Thanks so much for tuning in . We
1:34
hope the conversations crack the door open
1:36
for you and invite you to explore new
1:38
ways of thinking and embodiment towards
1:40
a regenerative tomorrow . Rudolph
1:52
Steiner , the father of biodynamic farming
1:54
, said that carbon is the philosopher's
1:56
stone , meaning it can alchemize
1:58
into anything silver , gold
2:01
, whatever we desire . But
2:03
today we see carbon as bad . We have too
2:06
much of it , we want to get rid of it , control
2:08
it , when in reality we just have too
2:10
much of it out of place . And
2:12
if we get it in the right place , carbon
2:14
can turn into gold , enabling
2:16
healthy , vibrant living systems . What
2:19
if what is holding us back is simply a scarcity
2:21
mindset , believing that we don't have
2:23
enough , and really what we need
2:25
to begin with is our own healing to
2:27
shift our own perspective and
2:30
adopt a mindset of abundance , believing
2:32
that we have more than enough . In
2:35
this conversation , we investigate healing as
2:37
our means of evolution as
2:39
a society . I hope you enjoy it . Welcome
2:49
to the show Today . I'm joined by
2:51
Calarose Ostrener , a founding
2:54
partner of Terra Regenerative Capital , which
2:56
is a catalytic fund deploying capital to scale
2:58
regenerative agriculture , secure our food system
3:00
and rebalance the climate . Calarose
3:03
has also been a strategic advisor to
3:05
individuals and organizations for many years
3:07
now , focusing on climate solutions . Amongst
3:10
her experiences , she's played a key role
3:12
in the Marin Carbon Project and Kiss the Ground's
3:14
work , as well as in shaping San Francisco's
3:16
climate programs . I know she'll have lots
3:18
of wisdom to share with us today . Calarose
3:21
, thank you so much for coming on the show and
3:23
we were just having a chat before we hit record
3:25
, because this is the first time we've connected in probably
3:28
three or four years now when it was out
3:30
in California , when I was there for an
3:32
event back in my days at the Ellen MacArthur Foundations
3:34
and , of course , focusing on food , and I remember
3:37
that you helped play a role in shifting my own
3:39
mindset and how I understood carbon
3:41
and I knew , of course , the carbon cycle
3:44
from all my studies and everything , but always
3:46
heard this narrative we have too much . And you
3:48
said it's not that we have too much , it's in
3:51
the wrong place . And you did this little diagram
3:53
and that stuck with me . So I wanted to kind
3:55
of make this a more public conversation
3:57
and firstly say thank you and give a bit
3:59
of background to what
4:01
move they made to invite you on . And
4:05
yeah , I just want to start off by saying for you
4:07
and I'm asking all my guests this when you hear
4:09
the phrase regenerative mind , what
4:12
comes up for you ?
4:14
So I love this question and when I first
4:16
heard you asking some
4:18
of your other guests this question , the
4:21
thought that came to mind was actually
4:23
two thoughts . The first thought I had was
4:26
really about a regenerative mind
4:28
. I suffered a brain injury
4:30
about nine years
4:32
ago and I really got
4:34
to experience the power of our
4:37
brains to heal and
4:39
what it means when you've broken something
4:41
and sometimes certain
4:44
things just don't come back the way they were . But
4:46
all those little dendrites and
4:49
neuro pathways , you know , you can make
4:51
, grow new ones and make new pathways
4:54
. And the brain is so much
4:56
more elastic and
4:58
plastic than we have thought it
5:00
is . And so , you know , in my
5:03
healing process I often envisioned
5:05
my mind itself
5:07
, my brain itself , like regrowing
5:09
new pathways or regenerating
5:13
itself , and that to me , in my mind , it looks
5:15
a lot like a mycelial network spreading
5:17
out . Or you know
5:19
the way you can see those little electrons firing
5:22
across a brain scan if you've ever seen
5:24
one of those . So I had a very visceral , you
5:27
know , image of a mind
5:29
, a brain , regenerating . But
5:32
I think that's different than a regenerative mindset
5:34
. And from when
5:36
I thought about the regenerative mindset , I
5:39
really think there's a couple of things that underpin
5:42
that for me . Again
5:44
, that injury really gave me an opportunity
5:47
to basically
5:49
reset my mind . I think I had a lot
5:51
of platforms laid out for me studying
5:53
with Amrie
5:55
Lovens and a couple
5:57
of students of Donella Meadows , who was
5:59
a great systems thinker of the last
6:01
century , getting
6:03
to study with Dr Herman Daly
6:05
, who was a founder of ecological economics
6:08
, sort of these Western mindsets
6:10
helped lay the groundwork for
6:12
what I think became my regenerative mindset
6:15
, which really pulled
6:17
on much earlier wisdom around
6:19
ecology and indigenous perspectives
6:22
that I had learned as a child . But
6:25
I think for me the fundamental principle was when
6:27
I really realized that we
6:30
have enough , like we have abundance , and
6:32
if we didn't have abundance we
6:34
couldn't heal . If we didn't have abundance
6:36
we couldn't extract and use
6:38
as much as we currently do and actually still
6:41
have life . And the fact that our
6:43
system still operates when we
6:45
pull so much out of it just
6:48
speaks to the abundance of the system . And
6:51
reading a couple of books about
6:53
the history of synthesizing nitrogen
6:56
, I think , like physically we have
6:58
enough chemical abundance in
7:00
our building blocks of life with
7:02
carbon and nitrogen that we
7:05
don't have a scarcity . And I think that kind
7:07
of recognition and I do mean the
7:10
definition of recognizing
7:12
something that maybe you've known
7:15
before but forgotten . And really
7:17
seeing that and recognizing that we
7:19
have the physical capacity for , and in
7:21
fact already operated in a system that
7:24
is abundant , really helped
7:26
shift my mindset and I think for me
7:28
that's the basis of a regenerative
7:30
mindset .
7:32
Thank you , thanks for sharing that very
7:34
personal story of lived
7:36
experience and that relationship with the
7:38
brain too , and what
7:40
we see in natural systems in terms of recovery
7:42
and regeneration , and I love
7:44
this point . I want to hone in on the abundance
7:47
piece because it's come up in other conversations
7:49
and through this series . It's really interesting
7:51
going into it with no expectations at
7:53
all and just seeing what patterns start to
7:55
emerge , and abundance is definitely
7:58
one of them . And the other piece which
8:00
you are alluding to is this aspect
8:02
of remembrance . Maybe it's
8:04
something we hadn't learned in school
8:06
or been taught before in
8:09
the narratives that we're hearing , but then
8:11
when we discover it and
8:13
realize it for ourselves , it's
8:15
sitting in this deeper place , like
8:18
dwelling in this deeper part that's wise
8:20
within us and just
8:22
known the eternity
8:24
. So thank you
8:44
for highlighting those pieces , and
8:47
you've started to reveal part of your journey
8:49
for us . But I'm curious when
8:51
we step back even further and look at
8:54
your journey , even from childhood , was
8:56
there an acute moment that
8:58
sparked this sort of way
9:00
of thinking in terms of the regenerative mindset
9:03
, or was it something that your parents had and
9:05
you were just brought up with ?
9:08
It's such a good question . I've been thinking
9:10
about it and I
9:16
could say , oh , I think it's something I've always had
9:18
. But of course , that's so much a product of
9:20
the environment that I grew up
9:22
in and the adults that were in my life
9:24
and the community that
9:26
I was part of . And
9:30
I think we
9:32
grew up or I grew up very
9:34
how should I say this ? I grew
9:36
up very poor . My family didn't live in
9:38
the same place until I was five
9:40
and we lived all over the world , sort
9:43
of following different jobs or needing
9:45
to go to different places for different reasons
9:48
. But it never felt scarce
9:51
to me . It always felt like
9:53
an adventure and I
9:55
think getting to spend so
9:57
much time in the natural world
9:59
in different parts of the world and
10:02
having so many aunties and uncles
10:04
who were from different cultures
10:06
and who could take me on
10:09
plant walks or teach
10:11
me about
10:13
the physics of the stars my
10:17
dad is a scientist , he's a geophysicist
10:19
and he had a lot
10:21
of scientific friends , and so spending
10:24
time with them and learning
10:27
about science from a perspective
10:29
of being outside in the world
10:31
and then also from an indigenous
10:34
perspective , with different
10:36
friends of our family or
10:38
elders in different communities , I
10:41
think was really
10:43
what gave me that as an early onset
10:46
. I will also say I have to credit going
10:48
to Waldorf School for 13 years and
10:50
the investment my family put in
10:53
and community members put into my
10:55
education there . It's
10:57
a really different way of looking at the world
10:59
and I think the ability to
11:01
see the whole of something
11:04
and also see yourself as an individual
11:06
in relation to that whole is
11:08
a unique perspective that I
11:10
don't think is taught very much
11:13
in our younger educational programs
11:15
, at least not in the United States . That
11:17
sort of Steiner framework of
11:20
learning and being part
11:22
of the world Again . I think then
11:24
after five we really lived in the
11:26
West and so understanding the
11:28
history of indigenous cultures and being able
11:31
to take part of those
11:33
really shaped the way I saw things
11:35
and being able to go out in the field with scientists
11:37
from NIST I grew up in Boulder so
11:39
we had friends who were scientists at NIST
11:42
and NOAA these are some of
11:44
the biggest national scientific institutions
11:46
and
11:49
that in hindsight I can say the combination
11:51
of those two things
11:53
the hard science and
11:56
the indigenous perspective plus Waldorf
11:58
School , I think really gave
12:00
me a different mindset that
12:02
allowed me to approach things
12:05
much more creatively and holistically
12:07
. Then I think , having
12:09
that , I think what
12:11
I my first mindset change that I went through
12:13
in seventh and eighth grade was how do I
12:15
speak to adults about
12:18
why they should care about
12:20
the environment ? And that's really when I found
12:22
Aymre and Hunter
12:24
Lovens and their book with Paul Hawkins called
12:26
Natural Capitalism , and reading that book
12:29
kind of gave me a perspective
12:31
in high school and college to approach
12:34
environmentalism from an economic
12:37
perspective . What are the economic values
12:39
of this ? And then learning ecological
12:41
economics gave me another way to sort of value
12:44
ecosystem services . So
12:46
there was sort of this initial mindset
12:49
for me of having to learn
12:51
about how to speak to Western
12:53
culture and adults about this in
12:55
a term that they could understand
12:57
, which really became about economics
12:59
and efficiency . And
13:01
then I went to work in policy , which again
13:04
allowed me to look at the different
13:06
levers from a more modern Western
13:08
mind perspective . And I think
13:11
what was the silver lining
13:13
of getting a head injury that made me not be
13:15
able to work for about
13:17
a year and a half and really not be able
13:19
to work full time for about five years , was
13:22
I couldn't read anymore and I had a terrible short
13:25
term memory and everything was too overwhelming
13:27
. So I just spend a lot of time outside
13:29
, and I think that's when I really remembered
13:31
that regenerative mindset
13:33
of observation and being
13:36
part of something that was bigger than me and
13:38
the abundance of the system and the interconnectedness
13:41
of that system . And having
13:43
to rework the way I interacted in
13:45
the world without my quick Western
13:48
, quantitative mind was
13:52
, I think , a gift , because it allowed
13:54
me to remember again and
13:56
recognize again that potential
13:59
that is held within a regenerative mindset
14:02
and within the regenerative mind
14:04
itself .
14:07
I was dance or like interweaving
14:10
between that quantitative
14:12
which were often at least I
14:14
know from my experience totally
14:16
over index on the quantitative
14:19
and hyper-rational and
14:21
had buried the creative
14:23
that was so vibrant in
14:26
me as an adolescent and
14:28
then through adulthood and eroded
14:30
until I had a somewhat
14:32
different but an experience where I burnt out
14:34
and I was forced to shut
14:36
down the screen and get
14:38
back into nature . And
14:41
that experience brought me back
14:43
to the mind and saying it's great
14:45
to write reports and do analysis and everything
14:47
that I've been doing and that has a role , but
14:50
let's actually be in it and
14:52
embody it . And again
14:54
, that was one of the pieces of that
14:56
contributed to even shaping this series
14:58
and this conversation we're having
15:00
. So thank you for highlighting it .
15:02
Thank you so much . I love what you said about
15:04
screens , because I had a
15:06
lot of damage to my visual cortex . I
15:08
wasn't able to look
15:11
at a screen I mean like I could look at it
15:13
, but it was really hard to see it , let
15:15
alone absorb or
15:17
read what was on it . And
15:19
then my short-term memory was so bad it was like
15:21
very challenging to process
15:24
, like it took me about a year and
15:26
a half to read a book again , and
15:28
that book was like a book of poetry , actually
15:32
it was the Odyssey . That was the first book I stopped
15:35
to read . I was like I'm on an Odyssey , I'm
15:37
going to read the Odyssey . It was like you know
15:39
, two pages every night for I
15:41
don't know six months or something , but that's
15:44
, I mean , that's . The thing is like we
15:46
do have so much potential and I think
15:48
we forget about that potential
15:50
when we're behind the screen because a
15:53
certain part of our brain turns off . And
15:55
, at least for me , when I couldn't be behind
15:58
my phone or behind my computer or
16:00
watching a television like
16:02
I , another part of
16:04
my brain really turned on and
16:06
it turned on in a way that I
16:09
realized my intuitive capacity
16:11
was equal to my quantitative
16:14
capacity and I just hadn't
16:16
been . It was there before
16:18
but I hadn't been using it . And I think you
16:20
know that embodiment you speak about
16:23
to me really became
16:25
real when I was unable to be on the screen all
16:27
the time . And another piece that I really
16:29
realized was like gosh , climate
16:31
change is like so much faster and
16:33
farther than I thought it was . And here I
16:35
was behind my computer doing like San
16:38
Francisco's greenhouse gas inventory , like
16:40
seven ways from Friday , like we
16:42
did a major urban materials
16:45
, like lifecycle analysis and all
16:47
goods and services sold in San Francisco
16:50
, like LCA , with the Carnegie Mellon
16:52
database and your traditional geographic
16:54
inventory , and I
16:57
don't know , we did five different inventors , like five different
16:59
ways to count our carbon footprint . And you
17:02
know , after I hit my
17:04
head it was like , oh well , the reality
17:06
really is just like this . You know we need
17:09
renewable energy , we need to shift
17:11
our , diversify our modes of transportation
17:14
and we need to reconnect the cycles
17:16
of nutrient and carbon flows
17:18
on this planet and that's done through our material
17:21
consumption . And it
17:23
was just I almost , almost
17:25
got like lost , lost in the weeds
17:27
, you could say . And
17:29
then , having that intuitive capacity
17:32
, come back online and just
17:34
actually having being forced
17:36
, and maybe I don't know if you had this experience with your
17:38
burnout , but being forced
17:41
to conserve energy , like , I literally had
17:43
to choose between like am I going to take a shower
17:45
today , get out of bed and take a shower
17:47
, or am I going to lie here and be
17:50
mad about something because I don't have the energy
17:52
to do both . You know like
17:54
when you have to like conserve your energy , you really
17:56
I don't know . For me , things got
17:58
a lot more simple yes
18:01
, yes , 100% .
18:03
And it's interesting , you talk about the
18:05
recovery . You know it took you five
18:07
years , maybe even longer , to come
18:09
back to working what you call full-time capacity
18:11
. And even now I'm two years
18:14
since the burnout and I've
18:16
started to shed that story
18:19
of like , oh , when I get back to how I was , or
18:21
that capacity , because I was working
18:23
in such an extractive way that I was just leaking
18:25
energy everywhere like
18:27
I thought I was this , you
18:30
know , unending , endless
18:33
battery supply that could
18:35
just be channeled into saving the
18:37
world . Uh-huh , since I was 18 , I was like
18:39
that's what I'm gonna do and I could do that through my
18:41
20s . And then it was like you're done , no
18:44
more . This , this is a finite resource
18:46
, our energy . Yes , and this is what I think is so
18:48
critical to the origin of mine . It's like I
18:50
look around perplexed . I actually struggle
18:53
. I know it's like for you , but I struggle to even
18:55
engage with the climate
18:57
solutions kind of system to
18:59
the extent that I used to because
19:01
of the noise . There's
19:04
so much noise and getting
19:06
distracted and again
19:09
getting lost . It's so easy to
19:11
get lost and forget
19:13
the simplest things . Like , yeah
19:16
, this experience forces sounds
19:19
like both of us to massively simplify
19:21
and get so vigilant and
19:23
discern where we put our energy and
19:25
and what we commit to and what
19:28
we see is true for us or not . Um
19:31
, and I , yeah , thank
19:33
you for highlighting that .
19:34
I love it , it's so fun to talk to you
19:36
about it because , um
19:38
, maybe we were both and
19:40
are , but in a different way like so
19:43
smart , so driven , so energetic that
19:45
it really was endless
19:47
. And I think what I realized was
19:50
just based
19:52
on just like that , because when you're healing
19:54
, your brain takes all the energy , so you just
19:56
don't have any other energy , and so an
19:58
expenditure of energy could be like am
20:01
I going to call my sister or am I
20:03
going to try to talk to my boss ? You
20:06
know , at my old work this was before I
20:08
left um , you know , I was unclear
20:10
how long this injury was going to take to heal . And
20:14
then , like , am I going to get in a fight or an argument
20:16
with somebody about something ? And it had been really
20:18
intense the politics , when I was right
20:21
before I got injured and we'd had
20:23
a lot of forces that were really trying to shut
20:25
down our community choice
20:27
aggregation program , which is the way for the city to
20:29
buy renewable energy , and I learned a lot
20:31
about politics . I watched that
20:33
show , house of Cards , because it like soothed
20:35
my soul , which is terrible , because it's
20:37
an awful show about
20:40
. It means a great show , but it's about an awful system
20:42
and , like I , got so caught
20:44
up in that and just the energy it takes to
20:46
fight and the energy it
20:48
takes to like be in that noise that you
20:50
were talking about . And so you
20:53
know , when I was healing
20:55
, I got to know John Wick
20:57
, who I had met previously , to
20:59
my injury , through through San Francisco
21:01
when he came looking for more compost for the
21:03
Marin Carbon Project , and
21:06
I and I kind of got to know him while I was on medical
21:08
leave and because
21:11
I because I couldn't read anything
21:13
I would listen to
21:15
a lot of lectures by the scientists
21:17
who are part of the Marin Carbon Project and I'd listened to
21:19
John talk and I
21:23
had I couldn't drive myself anywhere
21:25
, obviously so I had people who would kind of
21:27
come and take me places . But you
21:29
know , in doing that , what I realized was that
21:31
when I listened to them talk
21:33
about the carbon cycle and
21:35
moving carbon from the atmosphere into
21:37
the soil , where it was better , you
21:40
know , and it wasn't bad for us , and
21:42
that in the soil , and the way it was an
21:44
excess in the air and
21:46
the way that water stacked on it and the way
21:48
that nutrients stacked on it and the way it made the
21:50
plants healthier , the animals healthier
21:52
and the water cleaner and more
21:55
available . I just that to me
21:57
gave me life and I was like , oh
21:59
, when I engage in that system I
22:01
don't get tired and I don't
22:04
get angry , and angry expands
22:06
a lot of energy . So
22:08
kind of out of necessity
22:11
, but also out of you know , maybe discovering
22:13
a new flavor of something . It was like , oh
22:15
, that's , that's the flavor I'm going to
22:17
pay attention to , because when I engage
22:20
in supporting that
22:22
, I actually
22:24
don't feel as depleted . And
22:27
of course , there's just like a finite limit to the
22:29
energy that you have if you've suffered
22:31
a big injury or a burnout or some
22:33
sort of else , with collapse in
22:35
your life , a major trauma . But
22:38
I think you know that I
22:41
remember distinctly when I made
22:43
the switch from thinking
22:45
I was going to go back to the way I was
22:48
and completely giving that up and just
22:50
accepting that I was alive
22:52
and that that was great and
22:55
that was enough , and just accepting
22:58
that , just like accepting that maybe I was
23:00
never going to read again or maybe I was never
23:02
going to be able to remember numbers again , but
23:04
that I was alive and that
23:06
there were good things and that
23:08
I could
23:10
feel those good things . That was such
23:12
a relief to me , like it just . I
23:15
think that moment of surrender really changed
23:18
, changed my life and has
23:21
. And even when I get a little bit stressed
23:23
now and I think about , oh , I've got it , you
23:25
know , solve this . Or I
23:27
wish I could weigh in on what's going on in
23:29
COP , or I really would like to write a response
23:31
article to the New York Times or the Wall Street
23:33
Journal , I just kind of pause
23:36
and assess , well , like how much energy is that going
23:38
to take ? And usually , like
23:40
most the time , it's too much , you
23:42
know . And versus like calling you
23:45
know Rejinaldo it's an amazing
23:48
indigenous chicken farmer and figuring
23:50
out like how we're going to make hazelnut
23:52
production better next year , which seems
23:54
to give me a lot more energy . And so
23:57
, you know , I think , paying attention
23:59
to I have a , I have an
24:01
auntie who always says you know where
24:04
your attention goes , there your energy
24:06
flows and I think for me , paying attention
24:08
to where that was
24:11
regenerative , where the energy came
24:13
back to me and came back to the
24:15
other people in the system , really
24:18
was a huge change in the how
24:20
I approach things . Instead of just trying to solve
24:23
every problem that came my way . Now
24:25
I have to let go of a lot of problems
24:27
.
24:28
Yes , yes , this is a huge
24:31
tool and practice . It's
24:33
a totally a practice what you're describing , because I've
24:35
done it too and I think if anyone who goes through
24:37
this experience like you have no choice but
24:39
to start measuring
24:42
, basically in the internal scale , after
24:44
every interaction right , media , friend
24:47
for coffee , having a
24:49
, not just work , all these things in the day today that
24:51
we don't realize is also work yes
24:53
, we start to say , did this
24:55
? I asked myself was this energy giving
24:57
, depleting or neutral and
25:00
seeing across my life
25:02
? Because I know that I can't sustain , it's
25:05
not regenerative for me in my day
25:07
today to be running
25:09
at high levels of
25:11
depletive activities most
25:14
of my time and starting
25:16
to reframe , I suppose
25:18
, even what me being making impact
25:21
means in the world , which
25:23
used to be work with all the big food
25:25
companies and scale , scale what's
25:27
scale . And . And then it took
25:30
me going through a period . I remember I was sitting
25:32
at the kitchen table at my parents house
25:34
when I was just burnt out . I just went
25:37
back to Canada from England and I
25:39
was sitting across the table for my mom and
25:41
starting to , like you , surrender to
25:44
this idea that maybe I'd never go back
25:46
into my job changing
25:49
the food system . And I
25:51
remember saying to her is like what if I can never work again
25:53
? my idea of work , of course , and I
25:55
said , what if she has a cousin
25:58
in New Zealand who's farm I visited
26:00
before years ago ? And I said
26:02
what if I went and worked at your cousin's
26:04
farm and then I sat with that longer
26:06
I go ? That doesn't sound bad at all . The
26:09
farm is beautiful . You know
26:11
, it was like this whole idea of value
26:14
and worthiness and how my ego
26:16
was wrapped up in it . And if
26:19
listeners have heard the interview
26:21
that I did with Giles Hutchins , you'll know
26:23
what I'm referring to in terms of the achiever mindset
26:25
and that's totally what was running the
26:27
show so often . And still they
26:30
in my day to day now . It's like so much
26:32
unlearning still , even after going
26:34
through this experience oh yeah , it's like
26:36
, um , it's like a garden .
26:37
You got to tend , you got to tend to it . Yeah
26:40
, those weeds are just cropping up all
26:43
the time all right , um , and I think
26:45
, gosh , I love what you said about you
26:48
know the farm . One of the things I recognized
26:50
was how much
26:52
more energy I got by being outside
26:55
, and I think that one
26:58
of my regrets is now I'm more inside
27:00
and tied to the computer , but for several years
27:02
, mostly because of my light
27:04
sensitivity , which is why I wear
27:07
a hat . Everybody always just thinks it was a fashion
27:09
statement , but I was to hide myself from
27:11
your lights because they were very hard
27:13
on my visual cortex . I
27:15
spent all this time outside
27:17
and I had
27:20
forgotten how much I knew about
27:22
natural systems . But I also was
27:25
so humbled by how much I didn't know
27:27
about natural systems and how much
27:29
they taught me just by
27:31
being outside with them and by talking
27:34
to farmers and ranchers and community
27:37
members who are on living
27:40
with them . And
27:42
I think it
27:44
was so interesting too , because there's this
27:46
other aspect of the achiever mindset which
27:49
I think ties back to scarcity . And
27:51
it's really interesting in that when
27:55
I was an achiever mindset , there was
27:57
always time scarcity . There was
27:59
never enough time for anything right , and
28:03
I was always busy , and I think
28:05
not that I'm not like
28:07
busy now , compared to other
28:10
people in the rural town I live in . But
28:14
I had such a scarcity of time and
28:16
then , when I wasn't in that space anymore
28:18
, when I was forced out of that
28:20
space , I realized that I had so
28:22
much time because if I
28:24
was just in the flow of something
28:26
and really like slowed
28:29
down enough to tap
28:31
into the speed of , like the trees
28:33
or the speed that people
28:35
were actually moving and
28:37
I wasn't involved in like all the clutter
28:40
and all the noise , it
28:42
turns out there was plenty of time . There
28:44
was plenty of time to get to the place I needed
28:46
to get to . There was plenty of time to
28:49
wait for that one person to make the decision
28:52
we hoped that they would make . There was plenty
28:54
of time to tell the story that needed
28:57
to be told . And I
29:00
don't really understand exactly how
29:02
it worked , just that my
29:04
achiever mind created a
29:06
false notion of time scarcity and
29:09
when I was outside and in
29:11
the flow of things , I
29:14
really began to understand
29:17
that like there is a right timing and
29:19
if you are present and observing
29:22
the system , like you can show
29:24
up when that timing
29:26
, when that indication
29:29
starts to come that the timing is ready , like
29:31
when the harvest is ready . You know if you're watching
29:33
, you know , okay , this is when it's
29:35
going to be time to harvest . If
29:38
you're aware of what's going
29:40
on outside , you can be like , oh , this is when this grasshopper
29:43
is completely destroying my whatever
29:45
. You know , and I have this much
29:47
time to really try to make a difference
29:49
. And somehow
29:52
that made me feel a lot better
29:54
, because then I felt like I was part of something
29:57
else and I didn't have to do everything
29:59
, which then gave me so much more time , and in
30:01
that time I could just show up better
30:03
, I could like listen better , I could be
30:05
a better observer , like
30:08
a better partner in the moment to
30:10
whatever I was , you know
30:12
or whomever I was relating to in that
30:14
moment . And I think that's not something
30:17
we get to talk a lot about in
30:20
our kind of work . Work is
30:23
just that ability to be present
30:25
which I think you really feel
30:27
when you're outside , and it's a lot harder
30:29
to feel when you're inside in
30:32
front of a computer screen .
30:34
Yes , yes , and
30:37
hearing you speak when I was
30:39
coming to my mind was several things , and one
30:41
of them I can't remember where I heard it or read it , but
30:43
something around how we need to
30:45
basically return
30:48
and practice moving at the speed of
30:50
nature , which is
30:52
what you just described and I love
30:54
because it's only a product
30:56
and natural symptom of
31:00
separation . Right , this veil
31:02
of separation , of thinking that we as human
31:04
beings are somehow separate and control
31:06
and now fix nature , but actually
31:09
coming back into living as
31:11
part of nature and remembering that I'm
31:14
moving with it , because
31:16
it's that
31:19
hypermasculine energy and
31:21
traits of trying to control
31:24
and thinking that there's not enough
31:26
. I know that was for sure . For me , the
31:28
propeller of all my activities
31:30
was feeling like I couldn't
31:32
do enough , we couldn't move faster to fix things
31:35
, and that took me stepping out
31:37
of it all together to say what happens when I'm
31:39
completely disengaged . And
31:41
I took three months . Well
31:44
, I took six months totally off and I said , ok
31:46
, no , working . For the first time in my adult
31:48
life I do not think about money , nothing , go
31:51
do what I need to do to regenerate myself
31:54
. I call it a journey of self-regeneration and
31:56
, looking
31:59
back at those three months , I'm amazed because
32:01
I was so dropped in and so
32:03
present and not thinking about past
32:05
or future , and I
32:08
live what feels like two years
32:10
worth of life experience
32:12
in three months .
32:14
Yeah , that's awesome
32:16
. I love that , because when
32:18
you're present , time expands
32:21
. It's this interesting phenomenon
32:23
, and so by being present , that
32:25
issue of scarcity goes away
32:27
, which is counterintuitive to
32:29
whatever mindset we were trained
32:32
in . Maybe
32:34
that's the achiever mind , but what really
32:37
strikes me , and I have a question for you , is
32:39
how did you engage
32:42
with your own healing process ?
32:46
I was so deliberate , I have to say , because
32:48
I was let
32:50
down when googling what to do
32:52
when burnt out , because mostly and the doctors
32:55
, at least here in England , were like , let's get you on anti-depressants
32:58
and let's just write you off for stress , and
33:01
I felt not that I'm against
33:03
medication , but I felt like that's
33:05
not the answer for me right
33:07
now . And I had a meditation practice
33:09
. I was actually a teacher that was part of the irony at the
33:12
time . I was even seen as a
33:14
wellness person and then burnt out
33:16
and I had my
33:18
meditation teacher , I had a coach , I had a
33:20
therapist and I set up a
33:22
regimen . It was like I was a
33:24
kindergarten and I would not every
33:27
day but I'd have certain activities that I knew were
33:29
nourishing . And one of my amazing coach
33:31
I was working with she said I
33:33
want you to just journal every morning and answer
33:36
the question of what will nourish my soul today , not
33:39
what do I need to do , what's my to-do list , what
33:41
will nourish my soul today ? And
33:43
for the first time in my life I made
33:46
that my job and
33:48
at one point , when I was coming back into work after
33:50
a couple of months off , I was working like 10 hours a week
33:52
. I'd just design my days so
33:54
that I would do my two meditations
33:57
a day . I'd do some sort of movement , like
33:59
my whole movement practice also switched
34:01
from being a lot of the yang intense
34:03
energy . I grew up as a tennis
34:06
player and athlete too , so that was also a
34:08
big part of my own conditioning To
34:10
moving into the yin and the soft
34:12
. I mean , I don't always need to be training . I
34:15
can . Actually I need to down-regulate
34:18
the nervous system out of fight or flight . Like
34:20
I was working with an osteopath who
34:22
told me she's like your diaphragm
34:25
is completely restricted
34:27
. Like it's not moving and
34:29
I was . When our diaphragm's not moving
34:32
, our body can't
34:34
go out of the
34:36
fight or flight nervous system into the rest and digest
34:38
. So it was literally learning
34:41
how to breathe and let
34:43
my body start to
34:45
normalize . What does
34:47
being in a feeling of safe
34:49
, right , safe , abundant , more
34:52
relaxed state even feel like
34:54
in my nervous system ? And
34:57
I use every tool in my toolkit
34:59
and continue to because
35:01
it's a continual thing Like it's so
35:04
easy , I find , for me to go
35:06
into the default modes and
35:08
catching all the time
35:10
.
35:11
Yeah , I think so . I
35:13
think that's like when we
35:15
operate from a state of fear
35:17
. It is very hard to heal and
35:24
I don't know why . I guess
35:27
that one-headed jury wasn't enough . I suffered a spinal
35:29
injury about four years ago . That again literally
35:31
like put me on my butt , like I couldn't move
35:34
again oh wow , and
35:36
I had to stay in place for
35:39
a long time . I'm just starting to be
35:41
able to be mobile again and
35:45
it was like this time it wasn't my head
35:47
, it was my body and
35:49
I think I
35:52
really believe that in our
35:54
healing is our evolution , like
35:57
personally , and maybe
36:00
epigenetically , and I think as
36:02
a society because I
36:05
really do at this point and
36:08
I don't want listeners to take this the wrong way
36:10
but we're so sick . We're sick
36:12
from stress , maybe we're sick from the food
36:14
we eat or don't eat . If
36:17
you're somebody who is
36:19
not white , you're probably sick from racism
36:22
. There's just so . There's
36:24
war , there's the trauma of seeing
36:26
war . We just
36:28
have so much illness that we
36:30
are fighting and so much fear
36:33
, and it is so hard
36:35
to heal when
36:38
you're in a state of fear , whether that fear
36:40
is immediate . And if it's immediate
36:42
, there's a lot more you can do in terms
36:44
of like you have a rapid response
36:46
, it goes away . And
36:49
they've found now that people who are in
36:51
a very acute situation
36:54
are more likely to heal than people who are in
36:56
chronic situations when exposed to
36:58
stress . So even if just
37:00
your diaphragm isn't working for a very long
37:02
period of time , that chronic
37:05
level of stress really
37:08
can prevent you healing
37:10
. And so it's interesting
37:12
to me that you really focused
37:14
in on , you had the opportunity and
37:16
, in a lot of ways , the privilege to do
37:19
that healing . And I think one of the things
37:21
I really realized was like , wow , I'm so privileged
37:23
, I paid into medical
37:26
leave , working for the state of California
37:28
and the city of San
37:30
Francisco and I'm getting . When
37:33
I was injured the first time , I got 50%
37:36
of my paycheck from a system that
37:38
supported me with socialized health care and
37:40
for the second injury I got , my parents
37:43
took me back in
37:45
and I had a gift from a mentor
37:47
that allowed me to be OK and
37:49
just to take that time and recognize
37:52
my privilege of healing
37:54
and the time that I could like
37:57
. Ok , I have to heal , but also I get
37:59
to heal , and
38:02
I think I don't know how to say this , but we
38:04
just don't often take the time to heal
38:06
, and it can be hard to heal
38:08
if we're feeling so afraid . But
38:11
I really don't think we're going to get where
38:13
we want to be if we don't
38:15
take the time to really see that , hey
38:17
, this natural system has abundance
38:19
built in . We wouldn't be here if
38:22
it didn't . We wouldn't be able to heal
38:24
if it didn't we wouldn't be able to evolve
38:26
if it didn't and
38:29
how we connect with those physical
38:31
structures that exist because we've created
38:34
them , like banks or the
38:36
economy or government institutions
38:38
or social systems , and how
38:40
we start to bring
38:42
those more into
38:44
alignment with the natural cycles
38:46
of carbon and water and energy
38:49
, and just how we position
38:51
ourselves to participate in those cycles
38:53
and to give back to and support
38:56
them . To me that's like
38:58
supporting our healing and I
39:00
know that's like super . It's not something I
39:02
go like hey , I work for Terry
39:04
Regenerative Capital and you should come help
39:06
us heal the planet . I don't think a
39:09
lot of people are ready for that , but
39:11
I think that we have to understand
39:14
, if we're in the regenerative movement , that this is
39:16
fundamentally about healing ourselves and
39:18
our communities and the systems that
39:20
we're participating in , and if
39:23
it's not about that , it's not regenerative
39:25
100% agree
39:27
and I think that's why
39:30
what you described is so important , because too
39:33
often , in my opinion , is the
39:35
regenerative movement and language
39:37
or regeneration solely focused on
39:39
the soil and environmental
39:41
aspects that we can apparently measure
39:43
, and abstracted
39:47
from our
39:49
communities , our health , our individuals
39:52
.
39:52
And it's impossible , I believe
39:54
it's impossible to participate actively
39:57
, in a meaningful way , in
39:59
the healing of our societies
40:02
and our planets if we don't also
40:05
heal ourselves and
40:07
engage in that process . And it breaks
40:09
my heart , like it , I had that revelation
40:12
or realization , as
40:14
I would be in my own journey and still now . And
40:16
I think about how many thousands
40:19
of other people are on
40:22
sick leave because of stress or
40:25
some injury or some issue that happened
40:27
, and they don't have the tools , they don't
40:29
have the support , they
40:31
don't have the financial means to be able to go on
40:33
that journey . And I'm more
40:36
interested in how do we start with
40:38
ourselves ? Start within , because , as
40:40
the ancient saying goes , right as Within
40:42
so without , and as above so below
40:44
, and understand that it's
40:46
a relationship between the two . Like as
40:49
, and nothing's ever perfect . It's not like
40:51
, oh , I heal myself and then I'm ready to go be
40:53
in service of the world . Thank you , being in
40:55
service of the world also helps us
40:58
heal . It's a never-ending journey
41:00
. It takes lifetimes .
41:02
Yeah , and healing ourselves is in
41:05
service of the world , right , I think that's what you're also
41:07
saying is like that , taking
41:09
that , taking that healing , and
41:11
it's not to the selfish stage of like , oh
41:14
, I can't be part of my
41:16
community , I have to heal myself , oh , I can't
41:18
, I can't participate in Leaving
41:21
the suffering of another being because I
41:23
have to heal myself , like , no , that's , that's
41:25
being selfish , that's not healing
41:28
. You know , and I think it's important to call
41:30
out like there's a difference
41:32
between being isolating and selfish
41:35
and taking the time to heal
41:37
and knowing that piece
41:39
of it . And I think you know
41:41
it's interesting to me because there's
41:44
also this sort of this aspect of speed
41:46
and a Transition here
41:48
a little bit , and which is just like if
41:51
we are trying to keep up with
41:53
or make regenerative
41:55
the same as the
41:57
other systems within which we are functioning
41:59
, we are not doing our
42:02
job right . But
42:04
if we just try to make some regenerative
42:06
, something perfect and other and
42:08
you know something I always have
42:10
to work towards it's like you said , it's
42:13
not , it's not perfect , it's never
42:15
perfect , it's . It's about a process
42:17
and I think , ultimately about relationships
42:19
with ourselves , with other people , with
42:22
other , you know , sentient beings , plants
42:24
and animals and the
42:27
soil and the elements and
42:29
you know , understanding
42:32
both the personal responsibility and
42:34
opportunity and that relational piece
42:36
. And I think if we try to make regeneration
42:38
just about something so specialized
42:41
that you know , not
42:43
everybody can participate in it , we will also
42:45
have been lost . And so I think where
42:48
I see myself right now
42:50
in terms of quote-unquote
42:52
work is how
42:54
and where do we connect the
42:57
existing sort of socio-economic
43:00
systems that Western
43:02
culture has created back
43:05
into supporting the healing of
43:07
land and people ? And
43:09
it's not going to be perfect , there's
43:11
going to be a lot of weird like strange
43:14
Chimeras of different
43:17
iterations . But I think that
43:19
if we begin to make those connections
43:21
and foster those relationships by
43:24
bridging practical
43:26
reality with the
43:29
questions of like , does this support
43:31
healing ? Does this support natural
43:34
function of carbon , water
43:36
and nutrient cycles ? Does this regenerate
43:39
? Is this within the
43:41
system of abundance ? Are we not
43:43
only taking but are we also giving
43:45
back ? And I think that's where
43:47
it's so interesting , because we
43:50
take a tremendous amount as humans and
43:52
we're never not going to take . Like , we have
43:55
Clothes and we love them and we
43:57
need food and we need
43:59
water and people love to
44:01
do things because we're active and we're
44:03
curious and you know we're strange
44:05
creatures , so we're always going to take something
44:08
. But I think there are two things that we can
44:10
really do that are regenerative is to understand
44:13
how we foster the life
44:15
and the taking of the thing such
44:17
that it is having its best life
44:19
or participating in life in a way
44:21
that is Positive and
44:24
beneficial . And maybe that's an animals you know
44:26
, like tree range farms . The chickens are outside
44:28
under trees , we're still going to eat them , but
44:30
they're living their best life in it , in a habitat
44:33
where they are originally from , which is a jungle
44:35
lake habitat , and they're having , they're
44:38
living , a good life . And Then
44:40
the question is like , at the end , how
44:42
do we give back ? And that's , I think , why I get
44:45
so fixated on
44:47
. I Always
44:49
come back to compost , like at the end of the day
44:51
, if there's anything I want anybody to do , it's
44:54
to learn how to compost or to participate
44:56
in composting , because then you
44:58
get to see like how much more
45:00
we get when we give back at the
45:02
end of a cycle . And I
45:05
also like to think about how there isn't
45:07
really Well , there is pollution
45:09
. I mean , you can't say there isn't , but pollution
45:12
is just an element that's out of place , like
45:14
we have moved it from one place where
45:16
it was participating in the synergistic function
45:19
Into another place where
45:21
it it's stuck . Either it's in a chemical
45:23
form that it's bound up in and it can't get
45:25
out of , or it's too much
45:27
in the atmosphere and not enough in the soil
45:29
, or , you know , there's
45:31
too many nutrients and water when they need to
45:33
be in in living matter
45:35
and not in liquid . They're
45:38
just out of place . And so if we can
45:40
start to think about how we make
45:42
things , by moving things back into
45:45
place , by recycling , by composting
45:47
, by Undoing
45:49
and such that the undoing
45:52
of something is the redoing of something else
45:54
, that that sort
45:56
of circular economy which I know you and I talked
45:58
about before , when
46:00
seen not just as like what's the
46:02
next reuse of this thing , but how
46:05
does the Unmaking or remaking
46:07
of this thing strengthen or participate
46:09
in natural , chemical
46:11
and biophysical and elemental cycles
46:14
of the planet that drive life , then
46:16
I think we begin to Integrate
46:19
our behaviors and habits as humans
46:21
, which have been framed as so destructive
46:23
, because they , they , they are
46:25
and they can be into something that Can
46:28
actually be regenerative and restorative
46:30
, and that it's . It's not necessarily
46:33
like oh , human behavior
46:35
is just all bad . I mean a lot of . It's not
46:37
great , to be honest , but at
46:40
the same time like we have such potential To
46:42
move those natural behaviors into
46:44
being supportive of the systems that support
46:47
us . And I think that's where there's
46:50
just so much Work
46:52
to be done . But it's not fast work , because
46:55
it's Centergistic work and when
46:57
one piece clicks into place because
46:59
you've helped reconnect a system
47:01
, you're not just bringing one piece online
47:03
, you're bringing that whole system back
47:05
online . And I think that's where it's
47:07
like so Regenerative
47:10
, because it takes time to reconnect one
47:12
piece back into the natural system , but when
47:14
you do the whole force
47:17
and weight and power of that system
47:19
comes with it and then you know we're
47:21
not acting alone . So there's
47:23
a long diatribe , but I think a lot
47:25
about those cycles these days and like
47:27
how we can support
47:30
them and how much we can do in the
47:32
unmaking and remaking to support
47:34
them If we're able to step back
47:36
and really observe and
47:38
learn about the larger systems that we're
47:41
part of .
47:42
Mm-hmm , yes , and it's this piece
47:44
around remembering
47:46
that nature isn't linear and it
47:49
may take , as you're describing , a long time
47:51
to get that piece that's out of place back into place
47:53
, and then that recovery can actually happen
47:55
quite quickly , maybe
47:58
beyond what we might believe or what
48:01
we might be analyzing as or modeling . And
48:04
I want to connect , give you a
48:06
chance to , because I'm curious to describe
48:09
how , how
48:11
did terravagent of capital come
48:13
to be and how does that , how
48:15
is it serving all of what you just
48:17
described ?
48:18
I won't even try and paraphrase , paraphrase
48:20
that last bit that
48:22
you shared with us well
48:24
, thank you for asking and bringing
48:26
us back on track
48:28
and thanks also for having a An
48:31
endeavor that is not about a specific
48:33
track but the exploration . I
48:36
really appreciate that . So
48:38
one thing that I learned when I was
48:40
recovering was
48:43
that Rudolph Steiner , who was the founder
48:45
of the biodynamic agriculture
48:47
and Waldorf schools and homeopathic
48:50
medicine , a bunch of other stuff he actually
48:52
called carbon the philosopher's stone
48:55
and I thought about that
48:57
and I was like , oh , that's fascinating , that
48:59
the Stone that
49:01
can turn into gold or in other fables
49:04
that can turn into anything . The
49:07
way Steiner used that metaphor in
49:09
his description of
49:11
the planet was as
49:13
carbon acting as philosopher's
49:15
stone . So I think
49:17
I kind of was like oh okay , so if we
49:20
are , if we are Working
49:23
with the philosopher's stone and agriculture
49:25
is such an amazing way , you know , agriculture
49:27
via photosynthesis is the
49:29
single biggest way humans manage
49:32
carbon on the planet . That
49:34
is participatory , within a
49:36
natural cycle , and it's not just like we're
49:38
burning fossil fuels and moving that into the atmosphere
49:41
, but like within
49:43
us the carbon , the life cycle of
49:45
carbon , that , that photosynthetic capacity
49:48
of the plants and the management of that via
49:50
agriculture was
49:52
such a strong way to sort of work with this
49:54
philosopher's stone . So with
49:57
Terra regenerative capital , I
49:59
was building on , you know , nine
50:01
years of experience within regenerative ag
50:03
, having come from a
50:05
science perspective , having worked with
50:08
the state of California on rolling
50:10
out their natural and working lands climate programs
50:12
, integrating natural and working lands into their
50:14
climate policy framework
50:16
, which actually is extraordinarily challenging
50:18
because climate policy framework we
50:20
have is built on the Kyoto protocol
50:22
and the EPA acid rain program , which
50:24
are both point source emissions
50:26
pollutant programs , and so we continue to
50:28
treat climate change like a point source
50:30
pollutant program . And even when we
50:32
talk about sequestration , it's sort of a one
50:35
one to move . It's not a one
50:37
, two , three , four , five . It's not a
50:39
cycle . So something
50:41
about that quote of thinking about the
50:43
philosopher's stone , which can turn into
50:45
anything kind of really
50:47
drove me to think about all the ways in which our
50:50
systems push or pull or
50:53
attract carbon and
50:55
how we move it around the planet . And
50:58
with Terra regenerative capital , it's really a
51:00
private sector approach . Now it's
51:02
not . We're not a venture capital
51:04
fund and I think this really speaks to the
51:07
make sure that the structure
51:09
of the thing you're creating is
51:11
in alignment with the outcomes you want and
51:15
knowing that things take time , especially
51:17
in agriculture , because they have to physically
51:19
grow and people have to physically learn how
51:21
to grow them , and
51:26
they take time to build large facilities
51:28
for processing and manufacturing . Knowing
51:31
that these things take time and knowing that they're biological , we
51:36
really couldn't do a VC fund
51:38
. The traditional fund structure just
51:41
didn't work for us . It didn't work for us for a number of reasons
51:43
. One we didn't think we were going to get
51:45
any sorts of like unicorns
51:47
that we're going to somehow save the whole portfolio . We
51:52
also didn't think that we could exit within 10 years
51:54
with everything and we didn't even with
51:56
the things we wanted to and felt like
51:58
they could grow or move or
52:00
exit from our fund faster than
52:02
10 years . We didn't want to be under time
52:04
pressure . So what I love with
52:07
Terra regenerative capital and I'm so lucky
52:09
to be working with Tara Smith , who
52:11
is my co founder and whose
52:13
family is our anchor investor in the
52:15
fund is that we
52:17
have structured the vehicle of the fund itself
52:20
, which is a public benefit LLC
52:22
, to be supportive
52:24
of the nature of the things that we're
52:26
trying to cultivate . So this allows
52:28
us to manage , not for the
52:31
speed of exit or
52:33
a high , high risk
52:35
, high reward sort of exit scenario that
52:37
VC is traditionally known for
52:39
, but to manage for the nature
52:41
of the asset itself and the maturation
52:43
of that and the
52:45
evolution of that , such
52:48
that we think that those companies
52:50
that we're investing in and we invest in companies
52:53
that are in the middle of the supply chain , so
52:55
folks who do aggregation
52:57
, processing , manufacturing and distribution
52:59
that help connect farmers who are growing
53:02
regeneratively into
53:04
value add markets or into markets
53:06
that they wouldn't be able to get to on their own , we
53:09
think that that is both an important
53:11
piece of connecting in
53:13
this existing system of economics
53:15
to supporting the change
53:18
in agricultural production and incentivizing
53:20
that through market access . So really utilizing
53:22
that , you know , economic
53:24
incentive , while also creating it , creating
53:27
a vehicle structure and managing
53:30
, you
53:32
know , being really honest about our expectations . And I
53:34
think what's interesting is that we're seeing
53:37
that a lot of what we're doing we
53:40
feel like is lower risk , but maybe not
53:42
as high reward as as
53:44
what a VC would expect , but maybe
53:46
we can get a market rate return . And
53:49
then I think is fair . It's like slowing
53:51
it down a little bit . It's like saying , okay
53:53
, money , you're used to moving really fast . What
53:57
if you just slowed down a little bit ? What
54:00
if you just took a little bit less of a gamble
54:02
and maybe a little bit less of a reward
54:05
. Would that be okay ? You
54:07
know , would , dear money managers
54:09
, would you be okay with that ? And and if so , then you know
54:12
. Here are all of the other benefits World
54:16
job creation , carbon sequestration
54:19
, you know . Resilience to high
54:21
heat or water events , you
54:23
know all these other benefits , wealth development
54:25
, ownership of assets . We
54:27
hope to structure a lot of our exits
54:29
to return to employee and community
54:32
ownership because we believe
54:34
that the value of these businesses is
54:36
much greater for the communities than it would
54:38
be for a traditional private equity firm
54:40
. Just from like a balance
54:42
, a checkbook standpoint . Like private equity , the
54:44
private equity firm is not going to get a lot out of a small
54:46
batch of Midwestern processors
54:48
, but all the communities in which those processors
54:51
exist are going to be able to build
54:53
their livelihoods with those processors
54:56
existing in them . So you know
54:58
, the the non monetary value
55:00
and the economic impact value
55:02
is so much greater for
55:05
the employees and farmers
55:07
and communities that these businesses exist
55:09
within . That that's part of also
55:11
our structure is from the beginning to the end . So
55:16
how are there ways that we can get started on now such that
55:18
this community or these
55:20
communities have the opportunity
55:22
to buy us out and to
55:24
have us exit out of this in
55:26
a way that we are able to return
55:29
money to our investors
55:31
but also ultimately return the assets
55:34
and their value to the communities from
55:37
which they source products .
55:39
Thanks for sharing all that and , yeah
55:41
, the highlighting this piece around . Well
55:44
, it's very experimental . And and
55:46
designing the vehicle
55:48
with these honest expectations
55:50
. And through this journey , I
55:52
imagine you're bumping up against all different types
55:54
of personalities and mindsets , on
55:57
the spectrum of degenerative to regenerative
55:59
, if we can use that language . What
56:02
do you find is effective so
56:04
far in maybe getting those
56:06
who are earlier in the journey
56:08
to start buying in and
56:10
understanding this approach
56:12
and seeing value in it ?
56:14
You know I'm . I'll
56:16
just be honest and say terrarium
56:18
of capital is mostly
56:22
for people who have been in the space for a long
56:24
time and they understand the very strategic
56:27
value that this particular
56:29
venture and asset classes bring
56:32
to the space . And it's
56:35
like
56:37
I'm not going after somebody who's going
56:41
to be investing in an ag tech
56:43
solution that may help reduce , you know , glyphosate application , which is great . I
56:48
have nothing against that . We , you know , we
56:50
want our farmers to start using those things
56:52
. But terrarium of capital is not
56:54
for that group of people . It's for
56:56
people and investors , family
56:59
offices , foundations , individuals
57:02
who have been in this space for a long time and
57:05
recognize that it's providing a very strategic
57:07
value . That takes a ton
57:10
of time to do
57:12
well and takes a deep level
57:14
of connection to the value
57:19
that we believe we're providing is a
57:21
level of thought
57:24
and thoughtfulness and then
57:26
connection within that
57:28
broader system to
57:30
really deliver what we believe
57:33
are going to be systemic
57:35
changes and and strong
57:37
financials . I think we're aiming for between 6
57:40
and 12% on return
57:43
. And , you
57:45
know , I think we are going to see the birth
57:47
of a new agricultural
57:49
system in the United States , either
57:51
outside of the federally supported commodity
57:54
system or maybe we'll get that system to gradually
57:56
turn and support the alternative
57:58
system as well . But
58:01
terrarium is not for the beginner
58:03
. I think I do a lot of other work . I
58:05
have a little podcast called rain and shine . It's
58:07
five minutes . It's about nature
58:10
and science . It's a really nice way for someone
58:12
who doesn't know a lot about science or regeneration
58:14
to just kind of connect in
58:16
. I think you know , continuing to work and
58:19
support ground films like Kiss
58:21
the ground and common ground and
58:24
all these other amazing , you
58:26
know , pieces of communication and education
58:29
systems that help people off off
58:31
ramp is really wonderful
58:34
. But terrarium was created for those who
58:36
are deep within the movement and are ready to take
58:38
the next step towards actually creating structural
58:40
change .
58:42
Got it and I suppose , apart
58:44
from tuning into your little
58:46
podcast this
58:48
is a question I ask all my guests and curious here
58:51
, answer If you could do one thing tomorrow
58:53
to help decision makers or these
58:55
other investors perhaps you're earlier on the
58:57
journey and develop
58:59
our job mindset . What would it be ?
59:05
Two things . The first thing I would
59:07
do is I would really be like . So
59:09
you know that fewer than 4%
59:11
of venture backed equity
59:14
funded companies achieve assets within
59:16
eight to 10 years . You're
59:18
aware of this , do you understand ? I just put
59:20
some data in front of people . The
59:22
system that we currently are banking
59:25
on to support innovation is
59:27
just A it's not going to work for
59:29
agriculture . And B is it even really
59:32
? Because the emperor actually have close
59:34
and 80% of all venture funded
59:36
companies fail within five years . I think
59:38
there's a lot of just like
59:41
. Let's be sober and look
59:43
at the reality of these systems
59:45
and their capacity to create
59:47
the changes we have agreed
59:49
that we want to create . That
59:52
, I think , is just like a little bit of like a
59:54
. Let's be honest about what's
59:56
going on and just stop and take
59:58
a minute . And the second thing
1:00:00
is and I would do this
1:00:02
for everybody , in whatever position they're
1:00:04
in is just like teach
1:00:07
them to compost . If people can compost
1:00:09
with their communities , they can compost
1:00:12
at the school they're at , if there's
1:00:14
composting at work , if there's
1:00:16
composting on a farm , if their
1:00:18
restaurant talks about their food scraps being
1:00:20
taken away to be composted and grown
1:00:22
to the food , I have seen
1:00:25
people shift their mindset more
1:00:27
towards regenerative when they understand
1:00:30
and participate in composting than
1:00:32
I have in any other thing . I mean
1:00:34
, I think if you are both
1:00:36
blessed and cursed with a trauma
1:00:39
that you have to recover from , there's
1:00:41
an opening and an opportunity to learn a regenerative
1:00:43
mindset , as we've talked a lot about on this show
1:00:46
. But I think that in general
1:00:48
, I have never
1:00:51
met a person A who didn't like
1:00:53
composting . I mean , maybe people are like , oh
1:00:55
, that's stinky , but maybe
1:00:58
they just had bad compost , but
1:01:01
I've never met somebody conservative
1:01:03
, wealthy , poor , liberal
1:01:07
, not from the United States . Everybody
1:01:09
thinks composting is great and when they take
1:01:11
the time to really think about it and learn about
1:01:13
it , their shift towards understanding
1:01:16
that we don't live in a scare system
1:01:19
, that there is abundance , that
1:01:21
if they help life like if
1:01:23
not , if they buy something , not if there's
1:01:25
a new technology but if they just help
1:01:28
life do its job great
1:01:30
things happen . So
1:01:32
the thing I always come back to at the end
1:01:34
of the day is I just wish that
1:01:36
everybody , for everybody , has
1:01:38
an opportunity to learn how to
1:01:40
compost and to participate in composting
1:01:42
in some way , because I
1:01:45
have seen so much incredible joy
1:01:47
and learning and development
1:01:50
of human community come
1:01:52
from that than I have from probably
1:01:55
any other not probably definitely
1:01:57
than any other single environmental
1:02:00
thing . And you don't have to live
1:02:02
in nature outside of town . You
1:02:04
can live in a city . Korea
1:02:07
has the best , south Korea is some of the best composting in
1:02:10
urban cities in the world . New
1:02:12
York has composting . Los Angeles
1:02:14
has community composting . I mean there
1:02:17
are opportunities for that particular
1:02:20
activity to exist everywhere and my
1:02:22
hope is that everybody everywhere
1:02:24
gets a chance to participate in that because
1:02:27
it opens
1:02:29
. I've seen it open people's minds and hearts
1:02:31
so many times , again and again .
1:02:35
It's a way for , yeah , all of us , no excuses
1:02:38
I love that line Understand
1:02:41
how to let life do its job and also
1:02:43
build community , which is part of contributing
1:02:45
to life , and get the facts
1:02:47
on the table , which is also so needed
1:02:49
, and no false comparisons
1:02:51
anymore . So I
1:02:54
think that's a perfect point to wrap
1:02:56
up our conversation . Thank you
1:02:58
so much , kaila . It's
1:03:00
been such a joy . We could go on for hours
1:03:02
and hours , but I'm looking at the clock and going . Listeners
1:03:05
will need to move on at some point , so maybe
1:03:07
there'll be future episodes .
1:03:09
Well , it's a pleasure talking to you really
1:03:11
on a personal level and I would
1:03:13
love to learn more about your journey
1:03:15
and thank you for sharing it with
1:03:18
me today , but also thank you for sharing it
1:03:20
via this show
1:03:22
and with the broader world
1:03:24
, and I hope that it gives people
1:03:26
the bravery
1:03:29
and the hope and the courage to
1:03:31
step off into their own journey , whatever that
1:03:33
may be .
1:03:36
Likewise Thank you , and for listeners , that
1:03:38
was not planned . I didn't even know Kaila
1:03:40
was his background with the injuries
1:03:43
and things , but that's what was meant to come through
1:03:45
, so I'm sure it's serving
1:03:48
at least some listeners , if not many
1:03:50
. So thank you .
1:03:52
Anyone who's ever burnt out or anyone
1:03:54
who's ever had a traumatic head injury or a big
1:03:56
injury like if we are supportive
1:03:59
, if we support each other , if we have families
1:04:01
chosen or biological
1:04:04
that can support us , we can
1:04:06
heal , and that healing is
1:04:08
the regeneration , and I really believe that
1:04:10
that healing and regeneration is our
1:04:12
evolution .
1:04:15
Absolutely , thank you
1:04:18
.
1:04:37
Thank you . Thank
1:04:40
you so much for listening all the way to the end
1:04:42
. For the show notes and links we discussed
1:04:45
in this episode , check out our website Investing
1:04:48
in RegenderWagerculturecom . Forward slash
1:04:50
posts . If you liked this episode
1:04:52
, why not share it with a friend or give us a rating
1:04:54
on Apple Podcasts ? That really helps . Thanks
1:04:57
again and see you next time .
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