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Zach Richards

Aug 13, 2026

speaker_1NARRATOR
6:15
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6:26
Okay.
6:26
Yeah.
6:26
Let me answer the second question first.
6:29
So my original background was in software development.
6:31
I worked as a software engineer for about 10 years.
6:34
And then back in 2020, I was honestly, I got bored.
11:09
So for someone listening who's never used a private lender, what does that process typically look like from that first conversation until the deal is funded?
19:39
Yeah.
19:39
We just need to do more of it.
19:40
We need to take on more capital, more investors, and then we need to continue to lend it out to great people and do great loans.
19:47
So, you know, we can say we have a, a goal of getting to 100 million in, in our fund, which, yeah, that sounds great, but it's not really about the, the dollar amount.
19:57
It's really about, like, if you're gonna do, say, $10 million worth of loans, to get to 100 or to, to really increase, you have to start systematizing things.
20:08
You can't really get away with just doing one-off loans, and you have to build systems around raising capital, systems around finding good opportunities, and, and that to me is an e- exciting challenge, right? 'Cause all along your goal is to manage risk.
20:24
It's, I, if someone gave me 100 million bucks, I could lend it all out tomorrow.

11 MINS LATER

31:22
in large part?

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