Private Equity Expert: The Best Ways to Succeed in Business and Life Without Losing Your Soul

Рет қаралды 12,937

Ай бұрын

Succeeding in both life and business is very difficult. The skills needed to scale a company often clash with those required to cultivate a thriving home life. Yet, Brent Beshore seems to have cracked the code-or at least he's actively working on it. In this conversation, he spills his secrets on excelling in both arenas.
This episode is split into two parts: the first 45 minutes covers life and how to be a better person. Brent opens up about the evolution of his marriage, physical health, and inner life.
The rest of the episode focuses on business. Shane and Beshore discuss private equity, how to hire (and when to fire) CEOs, incentives, why debt isn’t a good thing in an unpredictable world, stewardship versus ownership, and why personality tests are so important for a functional organization.
After beginning his career as an entrepreneur, Brent Beshore founded Permanent Equity in 2007 and leads the firm as CEO. He works with investors and operators to evaluate new investment opportunities.
00:00 - Intro
00:54 - Why Brent examined his life
04:50 - How Brent "fixed" his relationships
15:10 - How helping hurts
27:19 - How Brent was subtly controlling relationships
35:42 - Why Brent stopped drinking (mostly)
45:35 - How to run a business with love yet competitively
55:40 - Win-win relationships
01:00:40 - On debt
01:14:34 - On incentives
01:24:14 - How to hire and fire CEOs
01:29:24 - What most people miss about hiring
01:39:25 - Brent's playbook for taking over a company
01:46:26 - On projections
01:50:58 - Revisiting investments
01:53:50 - How "hands-off" is Brent?
02:03:40 - Where people go wrong in private equity
02:09:13 - On success
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Пікірлер: 30

@tkppodcast Ай бұрын

Share your favorite part of the convo below

@davidtimis Ай бұрын

Am I the only one who finds it funny that both Shane and Brent are not wearing any shoes in this podcast? I find the socks giving an extra dose of 'coziness' to an already 'soulful' conversation 😃

@tkppodcast Ай бұрын

Sock game 🔥

@BSPoK Ай бұрын

Beautiful honesty and vulnerability and such command over one’s craft (business, investing)! Truly shows that being “aware and sensitive” to oneself does not have to be a weakness.

@nicolabrown9444 Ай бұрын

As a Stewardship Manager in Responsible Investment, this really resonated with me, and on many other levels, as the conversation touches on a lot of areas 😊

@MumbiMusyimi Ай бұрын

I’m one of those people who just assume that I can probably buy a boring business and rock up to it and make it 10x better. Brent was right, people like me who haven’t actually run a business are the only ones who can say this. 😅 I feel so seen and convicted 😂 I’m also just finishing an MBA so this might also be why there’s false confidence 😂 That part of the conversation definitely humbled me.

@user-vo6zn5dv3s Ай бұрын

OMG 😮this mindset has driven me always - having my identity on the short term wins - being genius of every meeting with out of the box ideas and providing immediate solutions.

@Laurenhurst3 Ай бұрын

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

@Laurenhurst3 Ай бұрын

Linda Wilburn program is widely available online.

@redeyesband Ай бұрын

I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

@xternal777 Ай бұрын

Oooh. Got my first 30 minutes, and Brent is like describing me in terms of problems and thoughts. Like me from another side of the globe. Thanks, Shane. Thanks, Brent.

@ronancasey Ай бұрын

What a breath of fresh air Brent is 👏

@aprile4788 Ай бұрын

The question 'When do you feel seen and appreciated?' made me reflect on my own experiences of feeling truly recognized and valued. I wish the speakers had delved deeper into this point:)

@Cristinaee6 Ай бұрын

One of my favourite episodes because of the vulnerability. Insightful, raw and honest 👏🏼

@yanganokwe9122 Ай бұрын

Captured so beautifully. Took the words right out of my mouth

@astrocslopes863 Ай бұрын

Great interview, and happy to learn about Permanent Equity. The group’s philosophy resonates with me - focus on sustainable growth and investment vs looking for a quick exit. Kinda like Tiny Capital. Thank you for all the work you do Shane

@mrjvc Ай бұрын

Deep and powerful for me, thanks for the openness and great conversation

@tkppodcast Ай бұрын

Thanks for listening.

@amonifinau4048 Ай бұрын

Thank you!

@jubben331 Ай бұрын

Haha love those clips in the beginning trying to suck me in, surprisingly few pods to this.

@tkppodcast Ай бұрын

Not our idea - and movies have been doing this for a long time - but we’re working on getting better at it.

@Financedude-6003 Ай бұрын

Thanks

@MumbiMusyimi Ай бұрын

Huge fan of Shane and his excellent podcast + blog. 😊 Listening to this podcast episode this morning in the first few minutes of the interview,I just kept thinking’ wow, this guy sounds so much like a Christian.’ Did a bit of googling and excited to see that he is truly in the kingdom. As a believer as well, the fragrance of Christ was very evident in Brent and hopefully the transformation is clear to those who know him well/better. More than just material success may the Lord keep you in faith until the last day, brother. Post edit: if I had just waited to the end of the interview I’d have heard him give his testimony 😅

@user-vo6zn5dv3s Ай бұрын

Are you optimizing your life and decisions for the people you love or for the people you don’t even know?

@mattmarkham4734 Ай бұрын

"Can I speak truth into your life" - I'll have what he's having

@JayBrockFilm Ай бұрын

Why are they avoiding the obvious fact that Jesus is clearly the central unnamed factor in this conversation?

@chrisarbourdale Ай бұрын

Hi Shane, love these podcasts, one point of criticism I have are these intros though. Why bait us with these snippets and cut out the juice? This is peak attention farming and not worthy of a podcast of this quality.

@punch-in-pete Ай бұрын

1:17:01 I love your channel and your audience, I'm gonna comment on ALL your videos for years until I reach your level of subscribers.

@doug2731 Ай бұрын

Lmao a private equity "expert" giving others advice on how to find true happiness. It was kind of you to give Morgan Housel's little buddy a platform though. 🙄