More than 40 years ago Wally Tingley arrived in Austin to earn a business degree from the University of Texas. Before graduating from UT Law School and admission to the State Bar of Texas in 1972, he had organized and operated several businesses while making a number of real estate investments. His intense interest in “service businesses” and real estate investments shaped his professional future.
While not a traditional career track to the practice of law, in the mid 80’s Wally continued to organize, operate, syndicate, purchase, sell, market or capitalize over 30 entrepreneurial businesses, including travel companies, retail operations, and other service business endeavors. The early 80’s featured his involvement in development, building, syndications and real estate related projects and investments. As fallout from the infamous “Austin ’80’s Bust,” 1988 brought financial disaster. Wally was afforded the then too common opportunity of starting all over in a new career.