Bill Gurley

Almost any industry, if it's not, uh, downhill skiing, there's lots of winners, you know, there's tons of winners.

Um, podcasting is a great example of that.

There's tons of winners in Austin.

Um,

And so if you can build a peer network of like-minded people that you trust, and the great test of do you trust, would you share your best ideas with them?

Like that you've learned this new thing that you just unlocked in your job, would you share it with them?

You should actually, I believe, but a lot of people wouldn't.

And so once you get to that place, it's a really special place.

There's a story in the book about Chris Del Conte, who's the athletic director here at the University of Texas.

And when he broke into sports administration, he was in the development office, he went to a conference.

And it's a great place to meet peers.

He went to a conference and met with a couple of other young men who were also at the beginning of their career.

They exchanged numbers and started a text group.

And over time, they added a few more people to that.

Got up to like seven, seven or eight.

They're all eight, all eight of them are D1 athletic directors now.

And they all started on the bottom.

And if you follow them along that journey,

Their learning elevated each time.

Each year they met, each time they texted the problems they were encountering, they were sharing, they were explaining.