CASE STUDIES

Chelsea Baugh returns for her third conversation on Case Studies, this time as a recent BYU MBA graduate, mother of five, and the one running the Baugh Family Foundation and family office. In this episode of Case Studies, Chelsea traces the winding path that led her back to school at forty, from a spiritual nudge to write scripture study posts, to a rejected application, to an unexpected pivot into business.

She talks candidly about imposter syndrome, rewriting her own story, and why motherhood may be the best leadership training there is. The conversation turns to marriage, twenty-one years of it, and the quiet discipline of staying close through disruption.

Chelsea also shares the vision behind Sandlot Impact, the new philanthropic arm she's building inside Sandlot Partners. A conversation about growth, identity, and the courage to jump into the unknown.

[00:00] Three Years of Case Studies
[00:42] Coming Out of the MBA Fog
[03:24] The Spiritual Nudge Toward Growth
[06:20] Nicole's Nudge and a Dissertation
[08:32] Rejected, Then a New Challenge
[11:31] Calling Chad, Chasing Near Eastern Studies
[13:33] Pivoting to the MBA
[15:22] Rewriting Her Own Story
[19:06] BYU, Mike Drake, and a Changed Brain
[22:20] Confidence Two Years Later
[24:11] Turning 41 and the Puzzle Coming Together
[28:36] Twenty-One Years of Marriage
[41:08] Twenty-One Years of Motherhood
[45:26] Building Sandlot Impact
[51:17] The iHub Fellowship and Corbin's Gift

The information in this communication is provided for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to invest in any fund or security. This communication is not intended to provide, and should not be relied upon as, tax, legal, investment, accounting, or financial advice. Recipients should consult their own tax, legal, accounting, and other professional advisors regarding any potential investment in a fund or security.
This communication does not constitute an offer to sell or a solicitation of an offer to buy any interest in a pooled investment vehicle sponsored by Sandlot Partners, LLC (“Sandlot”) or any of its affiliates (“Fund”). Any such offer or solicitation will be made only by means of each respective Fund’s confidential Private Placement Memorandum (“PPM”), Limited Partnership Agreement, Subscription Documents, and other operative documents (collectively, the “Offering Documents”), which contain material information not included herein and which supersede this communication in its entirety.
Past performance is not indicative of future results. There can be no assurance that any Fund will achieve comparable results or implement its strategy successfully. All investing involves risk, including the loss of principal. Each Fund typically invests in illiquid projects that cannot be quickly sold or converted to cash. As a result, investors may not be able to access their capital when desired. Additional risks associated with an investment in a Fund, as well as important information about Sandlot Partners and its personnel, are described in detail in the Offering Documents and in Sandlot Partners’ Form ADV, which is publicly available on the SEC’s Investment Adviser Public Disclosure website at https://adviserinfo.sec.gov. Both the Offering Documents and Form ADV should be read carefully and should serve as the sole basis for any decision to invest in each respective Fund.
Certain statements, testimonials, or endorsements included in this communication may have been provided by clients or non-clients of Sandlot. The individuals or entities providing such statements did not receive direct cash compensation from Sandlot in connection with the statements or endorsements.
In certain circumstances, Sandlot or its affiliates may have provided indirect economic benefits or other consideration to such persons or entities, including through business relationships, investments, portfolio company relationships, or other arrangements.
Hosted on Acast. See acast.com/privacy for more information.

In this week's episode, Casey sits down with Todd Miller, longtime BYU Golf coach, mentor, and son of golf legend Johnny Miller, for a conversation about leadership, faith, mentorship, and the principles that shape championship culture.

Todd shares the lessons passed down through generations of his family, the mindset that has guided his life and career, and why developing people will always matter more than developing players. From growing up alongside one of golf's greatest champions to coaching All-Americans and PGA Tour professionals, Todd reflects on the importance of character, conviction, and creating an environment where people can reach their full potential.

Together, Casey and Todd explore what separates great competitors from great leaders, the power of authentic mentorship, and why success is ultimately measured by the lives you influence, not the trophies you collect.

[00:00] No success can compensate for failure at home
[00:25] Welcome back to Case Studies
[00:59] Coming to golf later in life
[02:55] Growing up a Miller in golf's shadow
[04:33] Time with Dad after the tour
[06:00] Grandpa Miller building champions
[08:46] Four brothers, four All-Americans
[16:26] BYU golf as a family forever
[20:30] Faith in the Miller household
[34:23] Choosing a mission over golf
[44:47] Building a coaching career on conviction
[57:03] Twenty years building BYU golf
[1:07:00] Caddying Carson's eagle at the US Am
[1:12:56] The future of BYU golf

The information in this communication is provided for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to invest in any fund or security. This communication is not intended to provide, and should not be relied upon as, tax, legal, investment, accounting, or financial advice. Recipients should consult their own tax, legal, accounting, and other professional advisors regarding any potential investment in a fund or security.
This communication does not constitute an offer to sell or a solicitation of an offer to buy any interest in a pooled investment vehicle sponsored by Sandlot Partners, LLC (“Sandlot”) or any of its affiliates (“Fund”). Any such offer or solicitation will be made only by means of each respective Fund’s confidential Private Placement Memorandum (“PPM”), Limited Partnership Agreement, Subscription Documents, and other operative documents (collectively, the “Offering Documents”), which contain material information not included herein and which supersede this communication in its entirety.
Past performance is not indicative of future results. There can be no assurance that any Fund will achieve comparable results or implement its strategy successfully. All investing involves risk, including the loss of principal. Each Fund typically invests in illiquid projects that cannot be quickly sold or converted to cash. As a result, investors may not be able to access their capital when desired. Additional risks associated with an investment in a Fund, as well as important information about Sandlot Partners and its personnel, are described in detail in the Offering Documents and in Sandlot Partners’ Form ADV, which is publicly available on the SEC’s Investment Adviser Public Disclosure website at https://adviserinfo.sec.gov. Both the Offering Documents and Form ADV should be read carefully and should serve as the sole basis for any decision to invest in each respective Fund.
Certain statements, testimonials, or endorsements included in this communication may have been provided by clients or non-clients of Sandlot. The individuals or entities providing such statements did not receive direct cash compensation from Sandlot in connection with the statements or endorsements.
In certain circumstances, Sandlot or its affiliates may have provided indirect economic benefits or other consideration to such persons or entities, including through business relationships, investments, portfolio company relationships, or other arrangements.

Hosted on Acast. See acast.com/privacy for more information.

Brian Murphy spent thirty years building Portfolio Advisors from a bare office with no furniture into a firm that raised roughly $90 billion and delivered an 18.4% compounded return to its clients. In this episode of Case Studies, Brian sits down with Casey to trace that arc, from selling bootleg fireworks as a kid to restructuring a broken $395 million portfolio at twenty-nine years old, and ultimately building one of the most creative fund structures in private equity.

The conversation moves well beyond deal mechanics. Brian unpacks the mindset behind solving problems no one else would touch, the discipline of building partnerships instead of hierarchies, and why he and his wife, Louise, chose to fund college educations for the children of their employees rather than keep more for themselves.

[00:00] Introducing Brian Murphy
[02:15] Childhood hustles and mopeds
[05:35] Born with the entrepreneurial bug
[13:26] Painting crews and street credit
[20:36] Landing at Columbia Business School
[25:04] Restructuring, Blackstone, and Gibson Greetings
[33:21] Founding Portfolio Advisors
[43:09] Ninety billion and an 18.4% return
[45:33] Sharing equity with employees
[52:00] The scholarship gift to staff
[1:13:31] The Murphy family bank
[1:29:56] Lessons from every market crash

The information in this communication is provided for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to invest in any fund or security. This communication is not intended to provide, and should not be relied upon as, tax, legal, investment, accounting, or financial advice. Recipients should consult their own tax, legal, accounting, and other professional advisors regarding any potential investment in a fund or security.
This communication does not constitute an offer to sell or a solicitation of an offer to buy any interest in a pooled investment vehicle sponsored by Sandlot Partners, LLC (“Sandlot”) or any of its affiliates (“Fund”). Any such offer or solicitation will be made only by means of each respective Fund’s confidential Private Placement Memorandum (“PPM”), Limited Partnership Agreement, Subscription Documents, and other operative documents (collectively, the “Offering Documents”), which contain material information not included herein and which supersede this communication in its entirety.
Past performance is not indicative of future results. There can be no assurance that any Fund will achieve comparable results or implement its strategy successfully. All investing involves risk, including the loss of principal. Each Fund typically invests in illiquid projects that cannot be quickly sold or converted to cash. As a result, investors may not be able to access their capital when desired. Additional risks associated with an investment in a Fund, as well as important information about Sandlot Partners and its personnel, are described in detail in the Offering Documents and in Sandlot Partners’ Form ADV, which is publicly available on the SEC’s Investment Adviser Public Disclosure website at https://adviserinfo.sec.gov. Both the Offering Documents and Form ADV should be read carefully and should serve as the sole basis for any decision to invest in each respective Fund.
Certain statements, testimonials, or endorsements included in this communication may have been provided by clients or non-clients of Sandlot. The individuals or entities providing such statements did not receive direct cash compensation from Sandlot in connection with the statements or endorsements.
In certain circumstances, Sandlot or its affiliates may have provided indirect economic benefits or other consideration to such persons or entities, including through business relationships, investments, portfolio company relationships, or other arrangements.

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Case Studies, Casey sits down with Adam Edmunds, CEO of Entrada and former executive behind companies like Podium, Allegiance, and SilentWhistle, for an honest conversation about ambition, identity, and the emotional weight that often comes with high performance.

Adam opens up about the hidden struggle behind outward success; building and selling companies, chasing relevance, and quietly battling depression while leading at the highest levels of Utah tech. He reflects on the pressure to prove himself, the danger of tying self-worth to achievement, and the wake up call that forced him to reevaluate everything from leadership to relationships to personal fulfillment.

The conversation explores entrepreneurship, product-market fit, burnout, divorce, fatherhood, reinvention, and what it means to build a life rooted in gratitude instead of validation. Adam also shares lessons from scaling Entrata into one of the most important software companies in the country and why creating meaningful impact now matters more to him than titles or recognition.

The information in this communication is provided for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to invest in any fund or security. This communication is not intended to provide, and should not be relied upon as, tax, legal, investment, accounting, or financial advice. Recipients should consult their own tax, legal, accounting, and other professional advisors regarding any potential investment in a fund or security.
This communication does not constitute an offer to sell or a solicitation of an offer to buy any interest in a pooled investment vehicle sponsored by Sandlot Partners, LLC (“Sandlot”) or any of its affiliates (“Fund”). Any such offer or solicitation will be made only by means of each respective Fund’s confidential Private Placement Memorandum (“PPM”), Limited Partnership Agreement, Subscription Documents, and other operative documents (collectively, the “Offering Documents”), which contain material information not included herein and which supersede this communication in its entirety.
Past performance is not indicative of future results. There can be no assurance that any Fund will achieve comparable results or implement its strategy successfully. All investing involves risk, including the loss of principal. Each Fund typically invests in illiquid projects that cannot be quickly sold or converted to cash. As a result, investors may not be able to access their capital when desired. Additional risks associated with an investment in a Fund, as well as important information about Sandlot Partners and its personnel, are described in detail in the Offering Documents and in Sandlot Partners’ Form ADV, which is publicly available on the SEC’s Investment Adviser Public Disclosure website at https://adviserinfo.sec.gov. Both the Offering Documents and Form ADV should be read carefully and should serve as the sole basis for any decision to invest in each respective Fund.
Certain statements, testimonials, or endorsements included in this communication may have been provided by clients or non-clients of Sandlot. The individuals or entities providing such statements did not receive direct cash compensation from Sandlot in connection with the statements or endorsements.
In certain circumstances, Sandlot or its affiliates may have provided indirect economic benefits or other consideration to such persons or entities, including through business relationships, investments, portfolio company relationships, or other arrangements.
Hosted on Acast. See acast.com/privacy for more information.

In this episode of Case Studies, Casey sits down again with David Butler, a teacher of world religions and guide of immersive faith based trips, for the second installment of their four part series.

The discussion moves from the Maasai tribes of Tanzania to a mosque in Turkey to the streets of first century Jerusalem, tracing a consistent idea. Across every culture, language, and tradition, people are reaching for the same thing. David unpacks why grace only exists in a messy world, why failure is often the doorway rather than the disqualifier, and why Jesus's ministry ran on a kind of inefficiency that modern leaders are trained to avoid: one-on-one presence over scale.

For founders and leaders who default to optimization, this is a case for slowing down, sitting with the outlier, and finding meaning in what looks unproductive. David also shares how to join him on a future Jerusalem trip.

This episode is for anyone rethinking how faith, leadership, and human connection intersect, especially those wrestling with how ambition and presence coexist.

Connect with David on Instagram at @mrdavebutler, or sign up to be notified about upcoming trips here
Hosted on Acast. See acast.com/privacy for more information.