YouSaid · the spoken record
Chad Hutchinson
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- 73
- first
- 2023-11-20
- most recent
- 2023-11-20
- sittings or episodes
- 1
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- podcast
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“And the minute I do that, you're like, wow, what a gift I've been given because I'm like paying it forward. That's the problem with sports. The whole world revolved around me when I was in sports. And the minute I actually pulled up and was like, no, no, it's not about me. It's about others. And I've had great mentors that have helped guide me through that and shepherd me. I would say those are the virtues that I love to focus on. Those evolve and change. Every year there's maybe a little something that I'm like, man, this is really something I want to work on. reading this great book right now on how do we equip ourselves and our kids with this idea that life is just change this a little bit of a stoic mindset the only thing that is consistent is change but how do you get comfortable with being uncomfortable”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“I love the Stoics. I think it's a hot topic today. And I love what Ryan Holliday talks about. I love all his books, Obstaway, Stillness is the key. I think there's a lot of great practice in just the Stoic virtues, courage, justice, temperance, wisdom. I also overlay other things in there, like resilience, love, humility. I write those down and there's times where I would reflect on it and go like, all right, today, how can I show up and be courageous? How can I show up and have temperance and just be even keel and think about how can I have justice for those that don't have the same resources that I have? How am I wise in this? I love those principles. I have a strong faith as well, this idea of loving your neighbor. Sometimes when I'm not at my fullest happiest self, I start to realize I'm thinking about myself way too much. And the idea of, all right, maybe I need to just go serve others right now. And how do I actually build up others?”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“There's triggers to trigger that. If I'm cognizant of that, there's a habit that comes out of that trigger for in my life it's control. And if I can recognize that when it happens, sometimes it's just breathing. And then sometimes it's like, okay, I can't control this. What can I control? Baseball's the worst. Like if you think about baseball, Harvey Dorfman said, when the ball leaves your hand, Chad, I want you to let go of it. It's out of your control. The only thing you control is your attitude and your effort. The steps that you take until the ball leaves your hand. So you're worried about that guy hitting a home run off. Was your attitude right? Was your effort right? I could never get there because to me it was about the production. It was about the end goal. And so I think now in my life, especially with my kids, it's like, no, no, this is the journey. This is the process. This is about every day. How are you growing from your mistakes rather than having to be perfect? How are you actually learning and growing from this?”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Just like someone physically trains every day, there is a mental training every day. There's a lot of podcasts and books out now about it, but it's true. There's a practice of gratitude. There's a practice of what are your core values? There's a number of things I go through in the morning to say, here's what I'm grateful for. Here's the core values that are really important to me. And here's how I'm going to go take steps to achieve these today. I do things like neurofeedback. You train your brain. It ever talks about meditation and mindfulness, but it's true. You got guys like Adam Grant and James Clear and some of their books that cognitive behavioral therapy. I implement these steps daily. And I know when I get off course, there's a certain program that helps me come back. James Clare talks about trigger habit response reward. For me, where I get off track is anxiety.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“I have built a framework of dealing with it over the last 20 years that I wish I had when I was 16, 17, 18, 19, 20. The knowledge around how you actually prepare mentally is so much more pronounced now than it ever was. My agent hired a guy named Harvey Dorfman who wrote the mental game of baseball. Harvey was on my speed dial. I could call him at any hour that any pickup. I was already behind. I hadn't set the framework and the rigor around that to actually be mentally trained to go at that level and compete. And so for him, he could only help me so much. Since in my life, I've realized there's a framework that you followed physically, mentally, spiritually, the rigor of that daily that I do now. I wish I did back then.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“I get sent back down to the minor league. I struggle. I was never the same athlete from that point ever because of the mental side of it. It's one of these things where you lose, especially in games like baseball and golf, where it's such a confidence. It's so mental. I would see guys, wow, I've got so much more ability than them, but they have this ability to tune out the world and just do what they do and do it well and show up there not like process. I couldn't do that. I wasn't prepared to do that. And I hadn't built the foundation. I was there too quick. And when things started to fall down around me, I didn't have anything to fall back on. I say that. I ended up going all the way back down the legs, but I made the big leaks my third year. I led the spring training and strikeouts in the National League. I started with St. Louis Cardinals. So I would get called up to the big leagues, but I never performed at the Big Leagues. Get called up.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Was the coolest thing. I know that sounds weird. And my very first full year in prose, I still had this chip on my shoulder mindset of I will prove everybody wrong. And I ended up AA, triple A get called up to the big leagues my very first year. And I hadn't pitched a whole lot. I would show up and pitch at Stanford and I would just go compete. Didn't have enough time to work on the mechanics. I wasn't a pitcher. I was a thrower. I just was competitive. And I get up to the big leagues and I can remember the very first moment up there and I absolutely cracked, had a full anxiety attack. I'm sitting there Mark Maguire, Willie McGee, Eric Davis, Bobby Banilla. These are the guys that idolize growing up. And I'm on the same field with him. And I was not prepared for it, not whatsoever. So it was like this amazing high and low all within one year.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Amazing highs and lows all wrapped into one year. I get drafted, I sign the liberty of having some money. I think the first thing I did was I went and bought all the socks and underwear that I could ever imagine.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Such a great question. So, I am 6'5", 210, and my father was an amazing athlete. He played basketball and baseball at CU Boulder. He played for the Philadelphia Phillies. So he was a really good athlete Was born this way, but I also feel like from the earliest that I can remember this drive to go succeed every minute of the day I would go work on sports. I would just work, work, work. There was part of me that was like, I will outwork everybody here. And so I think it was a unique blend. And there was a lot of naysayers. Everybody said in high school, you can't play three varsity sports. You can't play two sports in college and then in pros. You can't play two sports in the pros. You can't do it. And so I always felt there's this huge chip on my shoulder that I will prove people wrong.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Just one of these inflection points where I watch my mom struggle and I just said I needed to go take care of my mom. Even though my heart was in football, but it was just the right time and place. And I felt just to call and just to take care of things at home.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“In the first three games, we were absolutely atrocious. And it was all freshman offensive line, getting hammered. And then all of a sudden we go down and play UCLA in the Rose Bowl. And we're fighting two minutes left in the game. We drive 90 yards down the field, throw a game-winning touchdown, and we beat UCLA in the Rose Bowl. And then we didn't lose another game the rest of that year. We beat SC. UCLA, Cal. We ended up beating Nick Saban in Michigan State in the Sun Bowl 38 to nothing. Like, I didn't even play the fourth quarter. It was just this amazing ride. And this was my retro refreshment year. And so things just started to click in football. And so then I go into my academic junior year and I'm sitting there going, this is the next chance I have to be drafted in baseball. I had a solid season in football, solid season in baseball, and then I ended up getting drafted by San Jose Cardinals.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Not much we can tell you right now. And so it was one of those things where I just came in. Ignorance is bliss. I just had a lot of confidence. And I just said, I am going to out-compete everybody here. Very first night, we play against Cal State Northridge. And this is Jiambi and Katsay. And they were one of the best teams in the country. And I come in Friday night, first game of the year to close the game. AJ Hinch was my catcher. And AJ's like Chad, throw the ball through my chest. Throw it that hard. And that's what I did. And so my freshman year was pretty incredible in baseball. We ended up losing to Florida State. JD Drew had a bomb off me in the regionals, but it was a tremendous year. And then the next year as a redshirt freshman in football, I ended up starting. Look, I didn't play in high school. I only started at quarterback in my senior year. I was playing outside linebacker the rest of the time. And so I had one year under my belt as a rich refreshment starting at Stanford.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Freshman year at Red Shirt football, and I go out to baseball. And we went to a bowl game for football and I show up January 4th. And the coach Marcus and Coach Stats were like, Chad, you got 14 days until the start of the season. Just go out there and throw it as hard as you can.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“What was my first varsity sport? It's probably my favorite sport, but I realized very quickly I was a 6'5 white guy. Maybe I could go play Scrub Division I, but yeah, I had a better chance than the other sports.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“After practice two days, the Atlanta Braves would have a scout there. Chad, here's a million and a half dollars. You ready to come? I'd leave there. I'd be like, heck yeah, this sucks. Two days. I'm a red shirt. I should sign. So in that time, I'd call my mom from the payphone behind the service station at Sanford, and I'd be like, I want to go sign. She'd like, nope, can't do it. Think about the next 50 years, not the next five years. So it was like a really pivotal moment. My mom just recalibrated for me. What's the bigger vision for your life? Which was probably the best decision I've ever made was just to go to Stanford. I mean, it changed the entire course of my life.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Meet Elise Dienberg into my junior year. It was this big agent, Jared Maguire. And I'm like, wow, this is pretty cool. I ended up getting drafted by the Atlanta Braves in the first round out of high school. And it was probably one of the hardest decisions because my mom's struggling financial aid. She's raising all the kids and no car. But she said, you will not go and play Minor League Baseball. You're going to go get your education. So it was like really pivotal. My advisor was Scott Boris. And Scott's like, Chad, you're a math guy. You love probabilities. Let's look at the probability of you actually making it up the big leagues out of high school. Let's look at the probability of you staying in the big leagues for a certain amount of time out of high school. I did the probability weight. The odds are I should go to Stanford. I shouldn't go sign. So I say that. I show up at Stanford August 1st to go do football. And at that time, you had up until your first day of classes that you could sign still, not ruin your eligibility. So every day.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Quarterback, I was like, I can't even take a snap, let alone be a college quarterback. And so I did that. That's where football began to take shape. And so all through high school, and I did three varsity sports, I started to have success.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“That was the first time this vision of potentially what I could do began to take shape. Stepping back even further, I hadn't played football at all and I played tackle football my freshman year and I was absolutely atrocious. So I was the fifth quarter quarterback, right? So there were four quarters in the game and then the fifth quarter for like eight minutes they send out the scrubs. I couldn't even take a snap. That was football to me. But the minute I put a helmet on and shoulder pads on was I all of a sudden was like I love this game. I get to go hit somebody and take out this rage. This is an amazing game. But I was so bad that I was like, I don't know if I'm going to continue playing. That summer, there was a guy named Ed Burke. He's one of my surrogate father's mentors. He's the varsity football coach. He came up to me and said, come up here every day. I'm going to put you to work, but I'm going to teach you how to play football. And it was the first time someone breathed hope and life in me and believed in me. He said, I think you can be a culture.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“And my sophomore year in high school, I broke my hand and I went from six foot to six five in a period of six months. I went from 160 pounds to 200 pounds. And I had this big cast on my arm. And so during baseball season, I would throw bang practice with this cast on my left arm. And I got used to like just using my left side to help my arm come through. And when I got my cast off, I pitch a whole lot. I was always a shortstop and I remember I hit 90 miles an hour as a sophomore on the radar gun. There was a scout out there. And I was like, oh my gosh. I got something here.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“When I was five years old, I remember reading about Mickey Mantle and these baseball players. And I had this vision that I wanted to be a professional baseball player. That's when that started. And I have no idea why. It was just something I was like, this is cool. This is what I want to go do. We played organized sports, but we were not in club sports. We were in go survive sports. If it wasn't easy to get to, we didn't do it. And so my brother and I spent all day throwing, we used to wrap up socks with tape and play tape ball. And for me, sports was very much just this go have fun and just play pickup. I was a late bloomer. And so I was always a decent size. But then kids started to pass me up and I was like, oh my gosh, I'm not going to grow. I really devoted myself to school because I just said, I love sports, but I don't know if I'm going to have a shot to do anything in sports.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Challenging time, and then my dad came back into my life for a period of time. But by and large, my mom raised five kids by herself. And she was very faithful woman that just worked her tail off to provide. And so growing up, she's working a couple jobs. It was, take care of yourself, kids. Here's the expectation I have for you academically. And that was the big piece she pressed on is academics first. But I think all of us kids also looked at sports as a little bit of a way out for us. We had to learn how to survive. So I have a brother who I'm very close with that him and I just, whether it's find enough money to eat and how to get places, but we just learned how to survive as kids.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Wow, what a convoluted path it's been. So grew up in San Diego. There's five of us kids in the Hutchinson family. Originally born in Boulder, Colorado, and my mom moved to San Diego when I was probably four or five and took three kids. And first time she left my dad.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source
“Guest on today's show is Chad Hutchinson, a partner at Arctos Partners, a private equity firm best known as the leading minority owner of professional sports franchises. Chad was one of only seven athletes since 1970 to play in both Major League Baseball and the National Football League. After a sports career ended, he started from scratch in finance and spent 15 years in private markets before joining Orctos and bringing his two careers together. We discussed Chad's journey to two professional sports mindset and framework for success, transition and career in finance, blend of his two paths at Artos, and interdisciplinary learnings across fields. Set all your assumptions about athletes and private equity managers aside as you listen to this incredible story of Chad's determination, humility, intelligence, And drive.”
2023-11-20 · Capital Allocators · Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351) · IDENTIFIED FROM THE TRANSCRIPT · source