Business Q & A

Five questions with Andy Boyd of Walter Morris Cos.

Andy Boyd is the fifth generation to work at his family's Walter Morris Cos., a real estate brokerage and development company.

The 29-year-old Boyd graduated from Wichita State University's entrepreneurship program with an emphasis in real estate before following in his family's footsteps.

Was it a foregone conclusion you'd join the company? Did you have a choice?

"No, no. I had a choice. I always thought it was kind of interesting watching my dad (Mike Boyd) put deals together growing up. I always kind of wanted to be a part of it."

What did your father teach you about making deals?

"The main thing he taught me is just by example, you know? ... Honesty is always No 1 when dealing with anybody in a transaction. Just being up-front. Your reputation will get you a long way."

Right now you're in the brokerage end of the business. Do you hope to move to the development side at some point?

"Yeah, eventually that's kind of where I see myself. ... I just kind of got to earn my stripes before I can do more development deals."

What's the most painful lesson you've had to learn so far?

"The whole BenchWarmers deal (a bar that signed a lease and backed out after its CEO landed in jail) when we kind of got taken for a ride by those guys."

It's "just kind of understanding that you can't take anything on face value in doing business. You've got to do your research in any business you're dealing with."

What's one thing no one knows about you?

"One of my favorite hobbies is brewing at home. ... I really like to brew Belgian beers just because it's hard to find a good one ... in the stores."