K
Kathy Terry
Co-Founder of P. Terry's Operating, LLC
3
APPEARANCES
3
PODCASTS
012
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Sep 24, 2026
The Secret to P. Terry's Success, ICE Shooting Investigation, and TribFest
4:33
4:48

Kathy TerryGUEST
When we were dating, he would talk about opening this, you know, fast food burger stand.

Kathy TerryGUEST
But he would never do it, right? Like who's going to open up a burger stand? So I just kind of like was really flippant about it.
Patrick & Kathy Terry (P. Terry's): "Why We Said No to $100M"
3:18
3:23
D
2:58Daniel BerkHOST
Kathy, could you kind of walk me through what it was like growing up in your household and what money was like, but also the entrepreneurial spirit, kind of what prompted you to want to be an entrepreneur with Patrick later in life?

Kathy TerryGUEST
Both my parents, I guess what you would call entrepreneurs, but I didn't even know what that word was back then.

Kathy TerryGUEST
But working class, my dad started industrial laundry on his own when I was around seven.
41 MINS LATER
1285: Kathy Terry on Employee Ownership Trusts: Why P. Terry's Chose Legacy over an Exit
49:53
50:01
50:13
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49:39Eric CacciatoreHOST
But n- now that we understand what ESOP is and like what partnerships could look like, why is a employee stock, sorry, an employee ownership trust the way you went? How is that different?

Kathy TerryGUEST
So the employee ownership trust is the only tool I've been able to find that will protect the culture of our business for perpetuity.

Kathy TerryGUEST
So long after Patrick and I are gone, the whole purpose of the trust is to maintain the culture.

Kathy TerryGUEST
It's been a tool that they've used for a really long time, and I was introduced to it from a friend who kind of knew I was looking at different options.
36 MINS LATER
