Hard Business Truths That Will Help You Succeed with Houston Rockets Owner Tilman Fertitta

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Business, Careers, Entrepreneurship

4.9 • 1.9K Ratings

🗓️ 16 November 2023

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode is a throwback to a 2019 conversation with Tilman Fertitta, owner of the Houston Rockets, as well as of Landry's, Inc NBA's Houston Rockets. In this episode, we explore Tilman's remarkable journey, beginning with a humble $6,000 loan. Our discussion emphasizes the importance of understanding credit and financial responsibility. We shine a spotlight on Tilman's entrepreneurial mindset, and why his main objective in raising his kids has been to teach them decision-making. We also touch on topics like why owning the Houston Rockets is his "greatest of them all" in terms of accomplishments, and while it's nice to be important, it's more important to be nice. Tilman's dedication to philanthropy and his vision for making a lasting impact are key themes throughout our conversation.

Transcript

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0:00.0	This is Dave Meltser with
0:02.8	each week I bring you some of the greatest athletes, celebrities,
0:06.7	and entrepreneurs to talk about their personal
0:09.6	and professional playbook to Success.
0:12.5	This is Dave Melcher with entrepreneur, The Playbook,
0:14.8	and I have Tillman for Tita.
0:16.5	Welcome.
0:17.3	How are you?
0:18.2	I am blown away.
0:19.6	We're in your new offices.
0:20.8	You are the CEO of F a Tita Entertainment, which which just so people know it's 600 and
0:25.1	more restaurants like Landries and Mastros which is my favorite by the way.
0:28.6	The Rockets of course which is my ultimate goal as well,
0:32.6	and of course the Golden Nucket in other hotels.
0:35.8	But what I want to talk about,
0:37.5	because you are a true entrepreneur.
0:38.9	You're Ernst & Young entrepreneur of the year.
0:41.6	I think the second youngest business person of the year in all of
0:44.6	Houston, just extraordinary things, but you started with a $6,000 loan when you were
0:51.1	23 years old. Is that right? You know I did and I think I was a little
0:57.6	younger but I knew you had to have credit to borrow money and I can remember you know being in school and
1:04.3	everybody sending your credit cards app and so I got them all and I went out and spent
	...

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