#67 Conrad Hilton: Hilton Hotel Dynasty

Founders

David Senra

History, Entrepreneurship, Business, Technology

4.8 • 2.4K Ratings

🗓️ 14 April 2019

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

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Summary

What I learned from reading The Hiltons: The True Story of an American Dynasty by J. Randy Taraborrelli. 100 years ago he was a man with $5000 to his name (0:01) the curse of the ambitious/early life + work (6:35) Conrad Hilton is inspired by Helen Keller's optimism (13:00) the first Hilton hotel + more failed businesses (14:45) Conrad at 32 years old /falling back into the Hotel business by accident (25:30) losing it all / The Great Depression (35:00) The Great Depression's effect on his business and marriage (49:00) Conrad's advice on how to make decisions (56:22) Conrad Hilton's philosophy on money (1:03:47) it is important to have friends around you that increase your ambition (1:11:30) the regrets of Conrad Hilton (1:23:48) ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Transcript

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0:00.0	As of December 31st, 2011, the assets of the Conrad Hilton Foundation were approximately $2 billion.
0:08.0	Probably more money than Conrad Hilton ever could have imagined making in his lifetime.
0:14.0	After all, almost a hundred years ago, he was a man with just $5,000 to his name,
0:20.2	all of which he decided to use to purchase the Ram Shackle Mowley Hotel in Cisco, Texas.
0:26.9	If not for the help of his devoted mother and an assortment of friends, he never would have been
0:31.5	able to put together the balance of the $40,000 purchase price.
0:35.0	From there, his empire grew not only in this country, but around the world.
0:40.0	His is a true, genuine American success story or as his son Baron once proudly put it
0:47.2	it's definitely one for the record books and not a day goes by that I don't sit and
0:52.4	marvel at what my father did with his life.
0:55.0	It is my hope that others are inspired by my father's story.
1:02.0	So that was just a random paragraph I found towards the end of this
1:06.2	gigantic book that I'm going to talk to you about today. So that book is The
1:10.3	Hilton's, The True Story of an American dynasty and it was written by J. Randy
1:16.2	Terriblerell, Terriblelli.
1:19.1	And just two quick things before I jump back into the book.
1:21.5	One, don't forget to sign up for the
1:23.4	Misfit Feed. Every other podcast I do is available exclusively for misfits.
1:27.9	To sign up all you have to do is tap the link that's in the show notes on your
1:32.2	podcast player and within like 15 or 20
1:34.3	seconds you have access to that feed and of course like every other podcast I do
1:39.9	both the free ones and the ones for misfits none of them have ads in it
	...

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