Die-hard Trojan fans Ron Johnson MBA ’20 and Jim Resha MBA ’21 had always dreamed about earning a degree from USC. A few years ago, they made those dreams a reality by graduating from the Online MBA (OMBA) program at USC Marshall. They knew the degree would help connect them to the expansive Trojan Network, but neither expected to make a lifelong friend and business partner.
Following graduation, the pair started 1880 Capital, a commercial real estate investment group that specifically focuses on serving clients from USC, tapping into the university’s vast network of alumni. Named for the year USC was founded and created with fellow OMBA alum Antoine Harden ’20 and member of the Town and Gown Philanthropic group Heather Francine, the founders always intended 1880 to build upon their Trojan connections.
“It was really important to us to give back to the Trojan Network and provide this platform for people to diversify their portfolio,” Resha said.
Johnson and Resha can’t say enough about how the OMBA program has catalyzed 1880’s growth. On top of the boon in their network, the founders still use their former professors and classmates as resources. Resha feels Marshall reframed his approach to business. He finds himself emphasizing collaboration, delegation, and trust in his co-workers, and consistently applying the real-world lessons he learned at Marshall.
“We have referenced specific classes in our planning and in our strategizing,” Resha said. “It became second nature for me to think that way.”
The pair’s unlikely friendship began while visiting campus during the school year. Despite being in different cohorts, Resha and Johnson hit it off, attending USC basketball games, golfing together, and even tailgating outside the Coliseum. Soon a business partnership developed, thanks to a group commercial real estate assignment in one of Resha’s classes.
Resha had over 30 years of commercial real estate experience before he joined OMBA, but working with his classmates opened up new ideas for him. “I learned a lot about how I could be better at what I did through OMBA,” Resha explained.
As a result of the course, Resha, Johnson, and several of their classmates started work on the company that would eventually become 1880 Capital. Over time, separate commitments took priority for the other students, but Resha and Johnson stuck with it, officially founding the firm in 2020.