Andy McNeil, chairman and former CEO of Denali Water Solutions, shares his remarkable journey from managing a turkey processing plant to building Terra Renewal into a $150 million company and eventually creating what's now nearly a billion-dollar enterprise.
In this conversation, McNeil breaks down the mechanics of private equity - how entrepreneurs can leverage other people's money to accelerate growth, the risks involved, and the strategic partnerships that made it all possible.
📺 Watch on YouTube: https://www.youtube.com/watch?v=HKgGSpYhN6s
🕐 CHAPTERS:
- 0:00 - Introduction
- 1:14 - Podcast Intro
- 1:32 - Welcome & Andy's Resume
- 3:17 - Owning a Restaurant
- 4:38 - Atlanta to Arkansas
- 5:50 - College at Auburn & Notre Dame
- 8:00 - First Job at Cargill
- 9:17 - Meeting His Wife
- 10:26 - Terra Renewal Beginnings
- 12:04 - Growing to $150M
- 12:17 - Using Other People's Money
- 13:01 - Oil & Gas Venture
- 13:26 - 2009 Oil Collapse
- 14:38 - How Private Equity Works
- 17:17 - Starting Denali (2014)
- 19:22 - Acquisition Strategy
- 22:45 - Grocery Store Food Waste
- 26:13 - Other Ventures: LRS & Ramco
- 28:04 - Denali CEO & Scale
- 30:08 - Giving Back to Community
- 31:42 - Sludges & Crawford County
- 33:02 - Giving Up Control
- 34:50 - McLarty Capital Partners
- 36:30 - Choosing Partners
- 45:51 - Scaling & Leadership
- 51:24 - Managing Risk & Anxiety
- 53:06 - Lessons from Employee Theft
- 56:53 - A Luck Story
- 1:00:34 - Investment Philosophy
- 1:01:07 - Future: Grid & Energy
- 1:07:45 - Policy & Affordability
- 1:22:32 - Book Recommendations
- 1:28:04 - Advice for Entrepreneurs