Hey guys, welcome to this episode of The Passionate Few Podcast.

It's your host, Omar, here, and today we have an incredible guest, none other than my man,

Troy Eckert of Eckert Enterprises.

He's the chairman of a company that's doing almost a billion dollars in assets under

management.

And today, we're going to get to pick his mind and hear his incredible story right here in Dallas,

Texas.

Thanks so much for being on the show today, Troy. Thanks so much. I appreciate it. Absolutely, man. Thank you for

having us here in your beautiful office. Yeah, no problem. It's a little like outcast today, but we can use the moisture. So it's good day. Absolutely. Well, we'll bring some brightness with this combo, hopefully. Yes, sir. So we'll talk a little bit about your story and how you got into it. But high level, can you give the audience a little bit of context, what you do in the oil and

gas industry, what's the scope and size of your business,

and who are some of your clientele, just so they can kind of know the Troy Eckert of today

before we get into your sort of humble beginnings.

In simple explanation, what our company does is we use our team, our intellectual team,

to identify oil and gas assets, pipelines, drilling,

oil and gas, mineral rights that we acquire and we invite our high net worth investors to participate

in those assets in a direct basis. We buy $10 million. We'll keep $2 million. We offer the other $8 million

out to private investors. Our investors are people who have a million dollar net worth. There are people who own doctor practices, dentists, doctors, lawyers, engineers, farmers, ranchers, lawyers. And what they're trying to do is own direct assets. And it's very difficult to find somebody who can source that for them. And then we provide all the back office and all the operations. So it's a fully functional, fully integrated energy family company. My son-in-law is my son, my daughter works for me. So it's part of a business that is evolved over 40 years. And what we do, we've connected the asset with the capital, which nobody else has been able to do. And when you guys say assets under management, what does that mean and what's the scope of it? Well, I don't know what the number is today, but we're probably pushing $900 plus million as of today. What that means is we've gone out and acquired and then we brought in capital to secure about $900 million worth of assets. We're negotiating a $160 million transaction today. So I'm hopeful in the next 30 days we're well over a billion dollars and I think next year will be even better. So things have gone well and the capital raising has been extremely successful.

The results have been extremely successful, but we've kind of put ourselves in a position we've never been in before,

which is now we're leading the industry both in terms of financial markets as well as the only gas market at this level.

And it's really interesting because what you do today is something not really talked about at immediate, right? It's pretty unique to be in the oil and gas industry. The energy space is not well talked about. But can you give the audience a little bit of context of exactly what the energy industry is, particularly as it relates to oil and gas for someone who knows nothing, say the average

person, just so they can understand the nature of the business and its value to the marketplace

and why it's so profitable as such a scarce resource. So I would say the best analogy I give

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