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The Wealth Intersection

The Wealth Intersection

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November 25th 2019: How Tom Hale Changed Travel With Backroads

On this week's episode of The Wealth Intersection, we turn our focus to the world of travel. Americans love travel. In fact, the average American spends $2,037 annually on travel. But travel and tourism has evolved over the decades and Americans are also seeking adventure. Enter Tom Hale. Forty years ago, Tom launched Backroads - an adventure travel company that believes that traveling under your own power and at your own pace opens up an opportunity to connect more meaningfully with the world. From biking to hiking to multi-sport, Backroad's unique way of curating the journey provide

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Featured Guest

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Tom Hale

California native Tom Hale possesses a passion for two seemingly divergent interests—business and back roads—which he has powered into the world's most successful active travel company, Backroads. It was the back roads that first attracted him as a competitive runner. However, it was a middle-of-the-night inspiration to start a bike touring company motivated him to pedal 5,000 miles alone through the West, all the while formulating plans for his new business. Settling in Berkeley, Hale washed fondue pots by night and built his fledgling travel company by day. In true entrepreneurial fashion, he did it all—designed the itineraries, maintained the bikes, led the trips, produced the catalog.
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