Ep 3. The Quick and the Fed

The West Texas Investors Club is back again, and in season 1 episode 3 titled “The Quick and the Fed”, we watch as Rooster McConaughey and Butch Gilliam get up to their usual antics that come with exploring some of the best startup business ideas that the country has to offer.

The episode starts with the investors commuting to a local college on a mission to meet with a promising young entrepreneur and hear her pitch for a new mobile app-based business venture. The app that promises to help people automate their finances and invest spare change into a savings account seems quite exciting to them, so they hope to contribute more than just capital to the budding start-up.

After a few negotiations and back-and-forth exchanges, on the app and the future direction of the company, it becomes apparent that their investment budgets and overall strategies aren't in alignment. The young founder is soon faced with an ultimatum: either accept their offer or leave with nothing. This plot twist leads to an intense stand-off, with both sides showing off their best negotiation skills in an attempt to come to a win-win solution that recognizes everyone's interests and goals.

As usual, the investors employ their unique approaches to business investments, employing leg wrestling, gun shooting, and comedy as part of a grandmaster plan to spot the best from the bunch. Butch, the analytical brains behind the duo, is not enthusiastic about the mobile app, especially with the owners still in their dorm room. Unwilling to back down from his viewpoint, he sticks to his guns and even goes ahead to explain to her the hidden risks that could expose her business from a regulatory point of view.

Meanwhile, Rooster is on a mission to convince Chipper, a fisherman from Galveston, that a business deal with him would be worth the investment. Chipper is a salt-of-the-earth fisherman, who has decided to modernize his business and tap into new markets. To make the business more profitable, he wants to expand from his current location and open a second restaurant, which will feature locally sourced seafood. Chipper's pitch makes sense to Rooster, as it ties in well with his personal history, which means the Investors Club might have landed a profitable business venture.

Throughout the show, viewers get a glimpse of the duo's other investments, which range from ranches and iceless coolers to wedding chapels and mobile welding shop companies. As they weigh each business idea that comes their way, viewers also learn about the critical traits needed to be a successful entrepreneur in West Texas, including resilience and an unwavering passion for a vision that will eventually pay off.

Overall, The Quick and the Fed is a fantastic episode that showcases some of the top entrepreneurial ideas that Texan millennials come up with every day. The show's unique mix of humor, down-to-earth analysis, and business smarts make for great insights into how successful business models come to life. This episode, like its predecessors, provides a fun and entertaining way to learn about the complex world of investing while remaining true to authenticity.