Jocko Podcast 328: You Get The Life You Give Yourself. With CEO, Matt Malone
Apr 6, 2022
Matt Malone, CEO of Groundworks, shares his entrepreneurial journey and leadership insights stemming from his Navy upbringing. He delves into the importance of resilience and community support, reflecting on pivotal moments that shaped his character. The conversation emphasizes the pressing need to revitalize the skilled trades, as well as the significance of leadership development within both military and corporate environments. Malone also advocates for redefining success beyond traditional education paths, focusing on personal fulfillment and practical skill development.
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Failed Acquisition Attempt
- During the 2008-2009 recession, Malone attempted to buy his employer's portfolio.
- Despite securing funding, the deal fell through, ending his career at Hunt Private Equity.
Real Estate Success
- Malone and his partner acquired a distressed real estate project during the recession.
- They successfully sold off the units, generating significant profits for Succession Capital.
Groundworks Founding
- Malone founded Groundworks in 2016, focusing on consumer-centric construction services.
- He invested heavily in the company, even moving back in with his mother.