The Property Funder Podcast Episode 58 | Sam Castle

Paths to success with Sam Castle
In this episode of the Property Funder podcast, Michael Dean sits down with Sam Castle, the co-founder of TRI7, to discuss his unconventional journey from the oil trading floors to the intricacies of property trading and asset management. Sam shares insights into his career transitions, the challenges he faced, and the strategies that have driven TRI7's success. Listeners will gain valuable lessons on entrepreneurship, the importance of mentorship, and navigating the property market in uncertain times.
First Break in Property
Sam recounts his initial career in oil trading, his dissatisfaction with the lifestyle, and the pivotal decision to leave university. Sam talks about how he secured his first job in property through a challenging task. He describes his seven-year tenure at London District, where he gained extensive experience in various property transactions.
Importance of Office Environment
Discussion on the value of being in an office environment for learning and professional growth. Sam emphasizes how overhearing conversations and asking questions were crucial in his early career development.
Raising Capital During a Crisis
Sam shares the journey of raising capital during the pandemic, transitioning from high-net-worth individuals to more strategic partnerships. He discusses his focus around maintaining discipline in deal selection.
Market Insights: Office and Retail
Insights into the current office market, including the impact of ESG requirements and TRI7’s approach to identifying undervalued assets. Discussion on high street retail opportunities and the ongoing challenges.
Advice for Aspiring Entrepreneurs
Reflections on the journey from trading oil to property. Sam offers advice for aspiring property entrepreneurs, emphasising the importance of learning from others, embracing mistakes, and backing oneself.
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