We were lucky to catch up with Chad Colston recently and have shared our conversation below.
Chad, thanks for joining us, excited to have you contributing your stories and insights. So let’s jump to your mission – what’s the backstory behind how you developed the mission that drives your brand?
Chad Colston, founder of Pridewest, is on a mission to change the world one investment at a time. When It comes to Pridewest,the vision is crystal clear!
Empower the community through worthy investments.
Houston, Texas– Oct.11, 2022 – Chad Colston, founder of Pridewest, is on a mission to change the world one investment at a time. Pridewest is a Limited Liability Corporation invested in real estate, trucking, and medicine, with the goal of creating a more equitable society. In 2022, Chad Colston expanded his mission from one business to three- Pridewest Logistics, Pridewest Medical Group, and Pridwest Construction; but the serial entrepreneur is not interested in profit as much as he is invested in impact. To do so, he champions the importance of a solid business model and access to capital as the number one necessity to level the playing field for all.
When it comes to money, many people believe it will inevitably lead to more selfishness, more excess, and less love for humanity. However, for young investor Chad Colston, 37, having capital is the first and most important step towards making an impact within the community. “ If you don’t have money, you don’t have a choice,” says Colston. “It provides you access, and that allows true freedom” he continues. Since attending college at Stephen F. Austin, where he studied Business Administration with a minor in finance, the budding mogul invested into 2-3 business ventures a year, a time he looks back at fondly in which he built resilience.It was then, Colston became clear on his values in business and in life:
Honor – recently Colston invested in a piece of custom artwork championing the quote “death before dishonor”, when asked why, Colston revealed that being honorable is a matter of carrying out, acting, and living the values of respect, duty, loyalty, selfless service, integrity and personal courage in everything you do.
Charity- The mogul is a donor for many philanthropic organizations such as Storybooks for Literacy, a non profit organization that encourages childhood literacy across the United States and Charities Place INC. a nonprofit founded in his hometown of Tyler,Texas.
Gratitude- boasting the importance of gratitude, Colston keeps a journal for writing the things that he is most grateful for. The journal acts as a reminder for him, one he can look back to when feeling troubled, or lost on his journey.
Discipline- Wake up Early, Work out daily, Pray frequently.. In this way, Colston practices discipline in his day to day life. A characteristic he says allows him to always make progress.
“The whole goal,” says Colston, “is equality…If you do it right, and distribute equally, you can move money in a way that impacts everybody-equal education, equal rights, equal security coverage. Equality.”
So far, Colston has held true to his word, working around the clock to create a lasting legacy for him and his community at large.Moving forward in his business ventures, Colston is gearing up to release his first book speaking to the principles of business, character and his personal passion, fitness.
You can follow Colston’s journey by subscribing to his weekly newsletter.
Your Organization
We are Pridewest, a business conglomerate focused on real estate, logistics, and medicine within Houston Texas. On a mission to create a more equitable society, Pridewest is an investor into major commodities that can positively impact low and underfunded communities.
Brianca Jay
Digital Marketing Specialist
832-284-5082
briancajay@gmail.com
Chad, love having you share your insights with us. Before we ask you more questions, maybe you can take a moment to introduce yourself to our readers who might have missed our earlier conversations?
Chad Colston, founder of Pridewest, is on a mission to change the world one investment at a time. Pridewest is a Limited Liability Corporation invested in real estate, trucking, and medicine, with the goal of creating a more equitable society. In 2022, Chad Colston expanded his mission from one business to three- Pridewest Logistics, Pridewest Medical Group, and Pridwest Construction; but the serial entrepreneur is not interested in profit as much as he is invested in impact. To do so, he champions the importance of a solid business model and access to capital as the number one necessity to level the playing field for all.
Can you open up about how you funded your business?
Since I was twelve, I go with my grandma and help clean. I would always help my dad fix fence. My dad instilled money in us. He would pay us even though he didn’t have to, but even like if we helped him around the house and do some real work, he would give us 20 $40 if we cut the grass. We wanted to go somewhere and take somebody out, take the car. He would let us cut the grass and do stuff. And he’ll give us some money to go out and do stuff. So he always both parents taught us the value of working for a dollar.
And so once I got out of high school and got to college, my mind evolved into like there’s more than one way to skin a cat and make money out of the foundation of a job is security and a foundation and keep getting money.
At least, you know, you can get a certain amount of money every so many days to keep your flow, pay bills. But that extra time off the books is where this is more time I can make more money and have more buying power.
I saw it at 16, but I wasn’t able to actually do it until I got to college. When I turned 18. When I got to college, I would always throw the parties in the room. I saw shades. My cousin was an agent.
I would buy so many from her and take on campus and up charge and stuff like that. I was basically a broker middleman. And so a lot of stuff I’ve always done has been promoting broker, buying something in scarcity and, you know, selling it for a little charge, not too much.
I look at something like being a broker, most like a drilling bit. It is a glass ceiling penetrator. It’s how you can come from nothing to making something. You just got to have a plan in place, understand the niche and understand the environment where you are and where you can make some money.
Understanding your customer, understand your supplier and how can you help fill a void. So it’s all about finding the voids. In the industry, I’ll use this logistics. Oil and gas was an industry where I worked in W2 form type work.
But I saw a gap and it was the supply chain gap and it was for getting equipment on location, getting minerals, any type of chemical that we need to frack or drill or anything like that. There was a gap.
It’s not like it used to be. Back in the day we didn’t have technology at our hands like this. So now you can be a broker worldwide from your home.
Do you have any insights you can share related to maintaining high team morale?
I have 2 that i will always share: Lesson 1- Ask Questions
Ask a lot of questions, man. I tell people I’m the dumbest smartest person you ever meet because I don’t know a lot of stuff. But I surround myself with people who do and I ask a shit ton of questions, man.
I can’t stress how many questions I asked and how quiet I am In meetings
. But if I don’t understand something and this is what I learned, this is where my body was weak, so I built up the courage to ask questions because I always want to know.
If I didn’t understand something just out of fear of embarrassment, I wouldn’t ask questions. I just act like I knew. That’s a great way to stop your growth, in any industry.
Lesson 2- Don’t take it personal
It used to take failure hard. I’ve been fired from jobs a few times in my life. And the first couple of times, very devastating. Hurt a lot. Believe it or not, I used to want to go to the NFL. It was a passion of mine that didn’t get fulfilled.
It took a lot out of it. Is it really necessary? No, it’s not. But it’s cool. I’m not always dealing with failure in the best way, but with growth in time. Failure is not a bad thing. It is a bit uncomfortable, but it is always a learning experience.
Contact Info:
- Website: www.pridewestconstruction.com
- Facebook: https://www.facebook.com/Pridewestlogistics
- Linkedin: https://www.linkedin.com/company/pridewestlogistics
Image Credits
Brianca Jay