They also revealed at least five little-known facts about themselves. In an exclusive clip from the show,Roosterand Butchbecome annoyedwith an entreprenuer named AJ who clashes with them, and Rooster ends up throwing a Miller Lite can at the unruly guest: According to Rooster, the beercan he threw was "empty. A tech-savvy entrepreneur turns the tables on Butch and Rooster. Gilliam softened his tough-guy stance a bit to answer that one. Any hope for a Trump-free panel about CNBCs new reality series West Texas Investors Club went out the window when the participants were asked to comment on the presidential hopeful early in the Q&A session during the TCA Summer Press Tour. Rooster and Butch consider investing in an all-natural beverage that may or may not have the power to cure hangovers. Joked Ackerman: But we are going to exploit that going forward.. Sign up for notifications from Insider! The eight-episode unscripted series focuses on self-made oil and real estate millionaires Not only was he able to persuade the bar's patrons to download the app, but the majority of customers found it useful in ordering drinks without having to wait for table service. After a YouTube star pitches what he claims is the world's best BBQ sauce, Butch and Rooster put him to the test against the top pitmaster in West Texas. Unless noted, all information is provided by listee. One big difference between West Texas Investors Club and Shark Tank is how McConaughey and Gilliamtest out the startup models before deciding to invest. After a tough negotiation with McConaughey and Gilliam, Garfield won a $500,000 investment for 40 percent of his company. West Texas Investors Club Season 1. Aug 3, 2015, 12:06 PM Rooster McConaughey (R) stars in "West Texas Investors Club" on CNBC. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In the case of SpeedETab, Garfield passed the test. San Angelo Convention & Visitors Bureau We know what you are talking about, and we are sympathetic to that. An honest, self-made man who lives the saying, "high risk means high reward," McConaughey never finished college, but made his first million at age 30 working in the oil pipe business. West Texas Investors Club was an American television docu-series which airs on CNBC. (9) 6.3 2016 TV-PG. The guys are only willing to invest their money with people who want to work hard. We want to hear from you. I saw his airplane once, he said. Regardless, the show is a "success" -- but I will go back to watching Shark Tank. View San Angelo Locations The hour-long series offers entrepreneurs a chance to pitch products and secure funding. Find a local Labcorp near you for Laboratory Testing, Drug Testing, and Routine Labwork. For example, in the show's first episode, the pair brought entrepreneur Adam Garfield's drink-ordering app SpeedETab to a local bar to see how it would be received by customers. You may use these HTML tags and attributes:

. Weve been called West Texas Investors Club for a while, Rooster said. 2023, State of Texas, Office of the Governor, Texas Film Commission Meet the Self-Made Millionaires of 'West Texas Investors Club' CNBC's new reality show hopes to lure 'Shark Tank' fans to the Lone Star State. With a budget of $400K, 96% of the show's budget was on airfare? While the West Texas investors do invest, there is a little more vetting and outside help than the show suggests. Rooster and Butch find people to test a natural hangover cure and a specially designed pillow that helps people sleep. CNBC has picked up a second season of West Texas Investors Club, from The Profit producer Charlie Ebersol. See production, box office & company info. Send us a tip using our annonymous form. "We're thinking when these entrepreneurs see Gil, they'll let their defenses down a little bit and open up to him," Gilliam says. I was curious enough to search Google for the two investors and came across an enlightening news article that validated my suspicions about the show's lack of realism. Contact our office for additional photo coverage. August 12, 2015 4:13pm. People do underestimate us, and theyre probably right, he added. The one-hour show stars self-made millionaires Michael "Rooster" McConaughey (older brother of Matthew) and Wayne "Butch" Gilliam, two veterans of the oil-and-gas pipeline industry who listen to startup pitches mostly while drinking Miller Lite. A young pilot arrives in West Texas ready to pitch his Uber-like app for air travel but must first complete a challenge on blind faith. He was excited [about my show], Rooster said of Matthew. The Tea Party and the Koch brothers are trying to end Texas's wi 12. The show,which premieres on Tuesday at 10p.m. ET/PT on CNBC, has beenbilledas a mix between "Shark Tank" and "Survivor." Over the course of the season's eight episodes, Rooster and Butch meet with 16 entreprenuers and end up investing a total of $1.97 million in products ranging from apps and eyewear toguitars and barbeque sauces. Save my name, email, and website in this browser for the next time I comment. Rooster is a self-made millionaire who built his fortune selling oil pipes in West Texas. We had that name before that film [came out], Butch said. Matthew McConaughey isn't the only starin his family: Mike "Rooster" McConaughey aself-made millionaire investor and Matthew's older brother is now the star ofa new reality series called"West Texas Investors Club.". The hour-long series offers entrepreneurs a chance to pitch products and secure funding. It was way before Dallas Buyers Club.. Get this delivered to your inbox, and more info about our products and services. While the rest of America chases spreadsheets and trends, these self-made men have broken with tradition to develop their own unique investment strategy. "And theres times where we might beat them up a little too hard in other people opinions, but [when]we do, theres really not much there.". When pressed about the 1 percent question and income inequity, they defended their right to their self-made millions: Nobody distributed us any money. While the rest of America chases spreadsheets and trends, these self-made men have broken with tradition to develop their own unique investment strategy. And the "club" house is really a building in Stanton where Gilliam says he has never step foot inside. The approximate costs of one round trip flight at $3,000/hour multiplied by an average of 8 hours flying/taxing is $24K. Rooster McConaughey, brother of actor Matthew, stars on the new reality show West Texas Investors Club, in which he and his fellow self-made millionaire pals, Gil Prather and Butch Gilliam, meet with entrepreneurs and invest in startups they deem worthy, all while drinkin beer and tradin jabs with each other. When two eyewear entrepreneurs from California pitch Butch and Rooster on their "cool brand," the investors decide to test the product at the coolest event in town: Gil's Goat Roping. Meet the Self-Made Millionaires of 'West Texas Investors Club'. Thats our message. Theyve always called us that. Gil Prather, a musician, also features in the series. The brother of the Oscar-winning star is a self-made millionaire. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 223 (O) What the hopefuls don't realize, though, is that a good product and a positive balance sheet . Todd & Julie Chrisley Report to Federal Prisons to Start Serving Their Sentences; Todd Hides From Press Outside Prison Entrance, EXCLUSIVE! David Brooks: America has big problems, but I also see a lot of progress, How lobbying group uses restaurant workers' money against them, Joe: Debt ceiling fight is just a lose lose for McCarthy, Jan. 6 committee left out key findings about social media companies: WaPo, George Conway: Controversial GOP House members not serious about governing, Minnijean Brown-Trickey: Activism is a life sentence. "We want to put them under the gun and see what their character is all about.". "Were more about the people, basically," McConaughey told Business Insider. The show breaks down into several parts: first, the entreprenuers pitch their ideas;then, in a segment thatRooster calls "scenarios," the two hosts test the product out in the real world, all while evaluatingthe character of the entrepreunerthrough a series of challenges. Rooster - real name Michael - stars in new reality show The West Texas Investors Club, which premiered on CNBC on Tuesday. Later, a single mother tries to sell the investors on a website that helps parents save for their child's college education. Box 12428 West Texas Investors Club premiere episodes Tuesday 10P ET/PT. Subscribe to . Rooster McConaughey, brother of actor Matthew, stars on the new reality show West Texas Investors Club, in which he and his fellow self-made millionaire pals, Gil Prather and Butch Gilliam, meet with entrepreneurs and invest in startups they deem worthy, all while drinkin' beer and tradin' jabs with each other. 2023 Deadline Hollywood, LLC. CNBC/"West Texas Investors Club" Matthew McConaughey isn't the only star in his family:. Matthews been in the entertainment business decades longer than Rooster has, so it was only fitting that he give his bro some advice on how to handle Hollywood. "That way we can quiz Gil and see what the person is all about.". [1] The series was renewed for a second season in September 2015,[6] which premiered on June 7, 2016. 2. We were the little guy. That may be a good thing that may be a bad thing, but its sure true. where is west texas investors club filmed. REIClub Locations - United States of America - About us [VINCI] Bindjareb Regional Office. Bythe final segment, if they think the product and the entreprenuer have potential, Rooster and Butch will sit the guestdown and settle on a deal through some tough talk and, often, a lowering of expectations. So what's his most important lesson for entrepreneurs? Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates. Furthermore, clearly there is no flight crew or captain during the deboarding on a private charter which can be lethal if the passenger(s) do not know where not to walk. "The son of a b---- cheats," McConaughey jokedabout his business partner. Mike McConaughey and Wayne Gilliam, co-hosts of CNBC's new show 'West Texas Investors Club,' join Morning Joe to discuss the show, which features ambitious entrepreneurs.Aug. 3. We have to believe in them and they have to believe in themselves, Rooster said of the entrepreneurs featured on the show. Top editors give you the stories you want delivered right to your inbox each weekday. Later, a pastry chef faces the toughest test in West Texas Investors Club history: Rooster's mom. Business owners who view making money as their number one goal will face their greatest challenge after becoming financially successful. From $9.99. While they may be businessmen like The Donald, the WTBC guys say that the similarities end there. The guys are witty and genuine. During a TCA panel today, Rooster and his pals gave journalists a look at the show (which, by the way, premiered last week to big ratings) and answered questions about their lives, their show and, of course, their money. As the stars of the program, Rooster and his business partner, Wayne "Butch" Gilliam, flyaspiring entreprenuersto Texas on private jets and decide whether or not to invest in their products. Primetime programming airs Monday through Sunday, 7:00 PM 2:00 AM.Connect with CNBC Prime Online!Visit CNBC Primes Website: http://cnb.cx/primeFind CNBC Prime on Facebook: http://cnb.cx/fbFollow CNBC Prime on Twitter: http://cnb.cx/twFollow CNBC Prime on Google+: http://cnb.cx/gooFollow CNBC Prime on Instagram: http://cnb.cx/instaInside the Episode: 'The Golden Nuggets' | West Texas Investors Club | CNBC Prime West - Wikipedia The word "west" is a Germanic word passed into some Romance languages (ouest in French, oest in Catalan, ovest in Italian, oeste in Spanish and Portuguese). Some things are already above our heads but we have a group of folks helping us. Please contact us at 1 (800)839-7623 and make sure to have the 19-digit gift card number and proof of purchase. [iOS] [Android], Monica V. 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