YouSaid · the spoken record

Jerry Jones

lines on the record
13
first
2025-02-18
most recent
2025-02-18
sittings or episodes
1
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podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

  1. “Healthy, this guy. He was crying. He's out to his eyeballs in debt. He's like having meetings with banks are like, give us your money. He's like, not only am I not going to give you your money, I want you to give me more money. It's just, it's a completely crazy story. So in 1970, his father sells the insurance company, the modern security life that I was telling you about, that Jerry helped his dad build. As a result, from what I've read, Jerry nets about $500,000 from that sale. Then he's like, all right, I'm going to move now my little young family to Little Rock, Arkansas, and I'm going to get into the oil business. So Jones puts out the word that he was ready to enter the oil business. A relative introduces him to this Oklahoma oil man named Bill Sparks. Again, let's go back to never underestimate the man who overestimates himself within it while in excess of self-regard is often counterproductive in its effects on cognition. It can cause some weird successes from overconfidence.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “Just as one afternoon he went to visit an elder lady who lived in one of his rental houses. She was more than three months behind on payments when she told Jones that she didn't have the money to make a payment he turned and walked away as he drove off he began to cry. The banker who had made the half a million dollar real estate loan learned of Joan's generosity to the old lady and persuaded the bank to give Jones an extension on his payments. Now here's the crazy part there is like a”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “And he's also buying and trying to invest in real estate. And he's almost broke because they're almost calling in the loans. So it says by the late 1960s, Jones financial problems had become so complex and so intense that his hands would shake and he would cry. The strain of all the debt he's under is overwhelming. His biggest financial burden was a $500,000 investment he had made on some land. He planned to eventually build a Walmart on the property, so sell to Sam Walton, it sounds like this, okay? Friends advised Jones to sell off the land, so he pays $500,000 for this plot of land. Jones stubbornly stuck to this investment thanks to an array of failed investments, banks started calling in his loans. One of the hardest things you'll ever have to do is sit across the desk from a banker who's calling in a $50,000 loan, then turn around and ask him for another fifty thousand dollars, Joan says. One afternoon, so he owns a bunch of land, he also owns a bunch of rental properties.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Father-in-law, who owned a small bank in Arkansas. What did he do with the money? Jones had the chance to invest in both McDonald's and Kentucky fried chicken franchises. Instead, he decides to buy the Missouri rights to a peacha chain called Shakes. Problem is, this pizza chain goes out of business. Now he's got a bunch of misses, but he also has a few solid early investments, one of those being in his friend Don Tyson's chicken company. But for most of the nineteen sixties, Jerry, a young Jerry Jones, is trying all these things and he's failing a bunch. He says there were so many times when I was down on one knee. One of the hardest things I would learn would be keeping my head together during those tough times. You just have to buck up and go on to the next decision. If you don't move with enthusiasm to the next deal, you lose. So he is in his mid-20s. He is vastly overextended. He was borrowing as much money as he could.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “Through this biography of Jerry Jones. Now, when we move into his early life and his early career, you see this relentless drive also produces this frantic energy. He had this deep burning desire to get rich. And he wanted to get rich and go into football. And he talks about this like a decade and a half before he had the money to buy the Cowboys. But it was so overwhelming. All the different businesses that he tried, and in many cases fail that before he winds up making a ton of money in oil and gas. So it says for more than 15 years, Jones had moved like a human meteor since leaving the University of Arkansas. He had helped his father turn his new business, which was a moderate-sized insurance company into a booming success. He had also invested in real estate pizza and chicken. He winds up getting married and also having three children at the exact same time. He borrowed $50,000. This guy's going to be up to his eyeballs in debt. He borrowed $50,000 from John Ed Chambers, which was his...”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “So Jerry's main love in life besides work is football. He starts playing football when he's in high school, winds up playing in college. I'm going to skip over most of that because I want to talk about his early oil and gas career and then him buying the Cowboys. But I do want to pull out, there's just a couple interesting lines that I think can tell you an entire story in like a sentence or two. It's the fact that he played football, if you analyze the way he played football, the way he approached football, it's like, oh, that's how he works too. And so there's just these quotes from like people on his team and also his coaches. Says he played with reckless intensity. His head coach remembers that Jerry didn't have a whole lot of anything as an athlete. But when he started something, he didn't quit. The kid just worked his ass off night and day, another coach the next page. He was the fiercest competitor we had. So he is wheeling and dealing and selling anything he can while he's in school when he gets out of school. He's going to start working in oil and gas, which I'll get to how he gets there.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “It was all my dad could talk about the depression. It scared the hell out of the people who grew up there, especially the ones on the farms. My dad passed that fear along to me. That is why I always worked when I was a kid. My dad said, I'm going to teach you to work so that you don't mind working and it will become part of your personality when you grow up. God dog it if I wasn't down there working at the store every day. I knew my butt was going to be in trouble. And this is what his dad says about Jerry as his kid. I knew that Jerry had the right instincts, even when he was a kid. He could talk to people just like he was an adult. It was a gift. Jerry heard nothing but business talk during breakfast, lunch, and dinner. He understood that he wanted to make money and get ahead. Keep in mind, Jerry is seven years old. They're talking about Jerry when he was seven years old, what he's going through. In fact, I had dinner with one of the wealthiest people in the world a few nights ago.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “There's a story in the book where Jerry is worried. His father's in poor health. They were worried that he was about to die. And there's this story where this is what Jerry's like devastated. So it says, as Pat Jones clung to life, Jerry Jones leaned over to his father and whispered in his ear, fight, try hard, don't give up. We all love you so much. Tears in his eyes, he hugged the man that he calls the most influential man in his life.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “This bed, you're going to be a loser for the rest of your life. Now get up, and if the team asks you to be the water boy, then drown them with the damn water. Jerry Jones got out of bed and never forgot that lesson. And then just one more quote that I want to read to you before we jump into the book. Again, I think is really important. And he does think this is in his blood. Direct quote from Jerry Jones here. He says, by instinct, we Joneses were risk-takers to win big, you have to play the big hand. So I want to start talking about his intense drive throughout the book. Jerry has phenomenal relationships and he winds up building relationships and friendships and partnerships with some of the most successful entrepreneurs of his day. And one of them is his longtime friend named Don Tyson. So Don Tyson had the nickname of as the chicken king, which I thought was humorous. It says Tyson is one of America's wealthiest men, having built his chicken empire from scratch more than forty years ago in Springdale, Arkansas. Actually, he scales his, he passed away a few years ago.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “That's the trip. That's the trip because that's going to be your glory. I'm pretty proud of them cowboys. I'm pretty proud of the stuff that we've done in oil and gas. It pales in comparison to how proud I am to have lived my life working with my kids Got a chance to do something about that.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “Going to be sitting here in a hospital sometime in the future laying here sometime in the future. In this room is going to be full of your business associates and the people you worked with all your life. And more than likely, your children and your family are going to be there because they're your children and your family. But you could have them there because they're the people that you spent your life with, the ones you worked with, the ones you fell down with, the ones you got up with. Not just seeing them on Thanksgiving and Christmas. That's who you want to be with. So when that time comes, it's a celebration of your life and you're not wishing you spent a little more time seeing a few more suns come up.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “Paying attention to my kids actually led me to getting involved into the passion of my life. And all along what I was trying to do was hang out near my daughter. A lot of things happen that you didn't have planned or you don't have the strategy for. Now I'm not saying I've done anything right, but I made up my mind a long time ago that I was going to work with my kid. They're involved in everything. They're involved in my leasing, oil and gas, real estate. And so when I got the cowboys, I got it so that we could all work together. I thought I was doing it for them, but the one that got the most out of it was me.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source

  13. “Stories of deals and risk that Jerry took during his career. My daughter went to Stanford. I couldn't stand it. She was so far from Arkansas. So I think of reasons to make trips out there, to try to come up with a little business or something. I'd go out there with her, and I got an old office downtown Palo Alto, and I said, You know, I need to get some things going out here if I'm going to spend this kind of time. So I went over to Brentwood about twenty or thirty miles from San Francisco, and I bought twenty five lots like I was going to build twenty five houses. Except I drilled four gas wells. And those four gas wells in eighteen months paid me enough money for me to buy the Dallas Cowboys.”

    2025-02-18 · Founders · #379 Jerry Jones (Dallas Cowboys) · IDENTIFIED FROM THE TRANSCRIPT · source