How to Do Diligence Confidently (Do Diligence Confidently Ep. 5)
Listen on Apple Podcasts, Spotify.
Show Notes
Emily Holdman and David Cover walk through how to use the Diligence resources found at www.permanentequity.com and why we hope this project helps more sellers navigate the diligence process confidently.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to connect with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Most People Will Only Navigate Diligence Once
1:21 Anyone Should Be Able to Navigate Diligence Confidently
2:16 Resources to Help You Diligence Confidently
3:08 The Checklist
4:33 Building Your Diligence Team
5:59 Essays
6:55 Downloadable Interactive PDF
8:09 Do Diligence Confidently
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Building Your Diligence Team (Do Diligence Confidently Ep. 4)
Listen on Apple Podcasts, Spotify.
Show Notes
Diligence requires a team effort. In Episode 4 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Emily Holdman and Taylor Hall give tips for how to assemble your team internally and how to hire external support from intermediaries and lawyers.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to connect with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro & Assembling Your “League of Gentlemen”
1:10 Who In Your Organization Are You Going to Involve?
1:55 Hiring Outside Advisors
6:28 Advice for Hiring a Lawyer
11:43 Advice for Hiring an Advisor or Intermediary
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
The Process: From First Call to Close (Do Diligence Confidently Ep. 3)
Listen on Apple Podcasts, Spotify.
Show Notes
In Episode 3 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Emily Holdman and Tim Hanson explain what the process of selling your business looks like from the introductory call to close.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Listen to the podcast David mentions on “How to Sell A Business in 2023” https://www.permanentequity.com/content/how-to-sell-a-business-in-2023
Want to start a conversation with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro & Three Olds Talking About New Slang
1:41 Step 1: Information Gathering Conversations
3:30 Step 2: IOI (Indication of Interest Letter)
6:54 Step 3: Site Visit(s)
9:15 Step 4: LOI (Letter of Intent)
10:33 Step 5: Diligence
14:05 Step 6: The Business Deal
15:10 Step 7: Purchase Agreement
18:40 Step 8: Close (The Finish and the Starting Line)
20:22 What’s Next?
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Navigating the Due Diligence Process to a Deal (Do Diligence Confidently Ep. 2)
Listen on Apple Podcasts, Spotify.
Show Notes
Due diligence done right is about building relationships while building the deal. In Episode 2 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Taylor Hall and Tim Hanson explain to David Cover and Sarah George-Waterfield the purpose of diligence, why Permanent Equity approaches it with a posture of being helpful, and why problems found in diligence don’t have to be deal killers.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to start a conversation with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro & What Is Diligence?
4:29 Advice for Navigating the Due Diligence Process to a Deal
6:37 Help Your Buyer Confidenlty Take Risk
7:29 What Kinds of Problems Kill a Deal?
9:54 Why We Don’t Play the Gotcha Game
12:31 An Intervention for Taylor’s Insanity
14:09 Get Things “Cleaned Up”
17:29 How to Build Trust With Your Buyer
21:23 What Happens When Issues Come Up In Diligence
23:36 Why Diligence Can Feel Overwhelming
26:31 What Would Cause a Deal to Die?
27:54 Our Approach to Diligence
30:03 What’s Next?
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
We’ve Open-Sourced Our Diligence Process (Do Diligence Confidently Ep. 1)
Listen on Apple Podcasts, Spotify.
Show Notes
Due diligence is intense. But it doesn’t have to be mysterious or a gotcha game. In Episode 1 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Tim Hanson and David Cover share why Permanent Equity has open-sourced their diligence process and introduce some of the topics and resources to help sellers and investors navigate diligence confidently.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to connect with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/for more
TIMESTAMPS
0:00 Why Open-Source Our Diligence Process?
2:26 We Built a Lot of Diligence Resources at permanentequity.com
3:34 Diligence Doesn’t Have to Be That Hard
4:34 Let’s Do Diligence Confidently
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Understanding People with John Marsh
Listen on Apple Podcasts, Spotify, Youtube.
Show Notes
John Marsh (Marsh Collective, Redemptification Podcast) cares deeply about people. It’s behind his obsession with restoring irreplaceable real estate in small towns across the Southeast, helping couples rebuild marriages and lives, and connecting individuals with each other and with work that fulfills them and fits their talents and ambitions. John talks with Brent Beshore about how his deep care for and commitment to people (and the long journey it took to get there) has affected how he thinks about life, relationships, hiring people, planning projects, and building teams.
LINKS & MENTIONS FROM THIS EPISODE
Watch John & Ash’s story https://faithandco.spu.edu/film-detail/beauty-out-of-brokenness-marsh/
Marsh Collective https://www.marshcollective.com/
Redemptification Podcast http://redemptification.com/
Get your passes to Main Street Summit https://www.mainstreetsummit.com/
CONNECT
John on LinkedIn https://www.linkedin.com/in/john-marsh-1576069/
Brent on twitter https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 Are We About To Get Marshed?
1:39 When Brent Refused To Meet John
4:22 What Is Marsh Collective & Redemptive Real Estate?
12:35 John’s Story: Beauty From Brokenness
23:52 Nuclear Waste In The Basement Of Your Marriage
41:59 Signs Of Healthy Relationships
49:46 We’re All Addicts In Some Way
54:06 Tools For Better Relationships
1:08:49 Tools For Better Teams
1:15:59 Belly Flops In Business & Lessons Learned
1:21:18 Living With Joyfulness
1:45:31 Passes for Main Street Summit On Sale NOW
EPISODE CREDITS
Produced by David Cover
Additional editing & mastering by Ryan Lipman
Interlude music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Outro music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
The Hard Thing(s) About Holdcos with Bill D’Alessandro
Listen on Apple Podcasts, Spotify, YouTube.
Show Notes
Why did one of the biggest holdco owners & operators sell his holdco? Bill D’Alessandro talks about what led to the decision to sell all but one of his companies, having to let go of being “the Holdco Guy,” advice for entrepreneurs thinking about operating & owning multiple companies, insights on online marketing, & how he sees AI changing the world forever.
LINKS & MENTIONS FROM THIS EPISODE
Bill’s Natural Dog Company https://naturaldog.com/
Acquisitions Anonymous podcast https://www.acquanon.com/
Join the list for Main Street Summit https://www.mainstreetsummit.com/
Read the Messy Marketplace (or go to episode 1 of the Permanent Podcast feed to listen) https://www.permanentequity.com/the-messy-marketplace
CONNECT
Bill on twitter https://twitter.com/BillDA
Bill on LinkedIn https://www.linkedin.com/in/billda/
Brent on twitter https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 Bill Fills Dead Air Time
4:48 HoldCos: A Mailbox Full of Money?
11:19 Letting Go of the HoldCo
16:14 Hitting Rock Bottom & Losing the Plot
25:01 How to Build a Holdco the Right Way
31:54 From HoldCo to OneCo
34:55 When to Go Fast vs. When to Be Patient
41:30 Don’t Buy a Business That’s Too Small
47:50 Handling Layoffs
52:12 Being Vulnerable: Handling Anxiety & Loss
1:08:26 The Additive Effect of Subtracting
1:15:12 Lightning Round: Advice for Small Business Owners & Operators
1:16:16 Lightning Round: Hiring
1:16:38 Lightning Round: Marketing Doesn’t Work
1:18:24 Lightning Round: When to Take on Capital
1:19:13 Lightning Round: How to Sell a Company
1:21:14 Lightning Round: How Much Debt is too Much?
1:21:50 Lightning Round: Stop Using Slack
1:23:51 Lightning Round: Cutting Costs While Increasing Quality
1:24:28 Lightning Round: AI is the Singularity
1:32:26 Advice for Your 25-Year-Old Self: Be Deliberate
1:34:28 Why Brent Can’t Sleep: Main Street Summit
EPISODE CREDITS
Produced by David Cover
Additional editing & mastering by Ryan Lipman
Interlude music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Outro music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Building a New Story with Brett Hagler
Listen on Apple Podcasts, Spotify, Youtube.
Show Notes
What would it look like to approach solving global homelessness with the same spirit of disruption & innovation as a cutting-edge tech start-up? Brett Halger (Co-Founder & CEO of New Story) joins Brent Beshore & David Cover to discuss how New Story is doing just that with 3D printed homes, web3, and experimental tech ventures – and why they are disrupting themselves to create a whole new model and market that increase home supply and provide better access to home ownership. Plus insights on how to scale a company, the best way to solve complex problems, how to make big changes to an organization, and why philanthropy alone won’t make a dent in solving global homelessness.
LINKS & MENTIONS FROM THIS EPISODE
Make an impact with New Story www.newstoryhomes.com
Join the list for Main Street Summit https://www.mainstreetsummit.com/
CONNECT
Brett on twitter https://twitter.com/BrettHagler
Brett on LinkedIn https://www.linkedin.com/in/rbhagler/
Brent on twitter https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 The Most Exciting Not-For-Profit on the Planet?
5:25 Why the NEW New Story Model Is Actually Going to Change the World
9:09 The New Story Story
18:51 Why Giving Away Homes Doesn’t Work
26:03 How Does New Story Help Someone?
30:50 Do You Even Cold-Plunge Bro?
32:00 Deciding What New Technology to Adopt: 3D Printing Homes, Web3, AI
37:55 The Pain Points of Scaling
43:10 How to Deal With Going From Massive Growth to Mounting Challenges
46:27 Leading With Vulnerability & Confidence
49:44 Becoming Who You Want to Be
52:39 Living a Life of Impact
54:18 Why Brent Can’t Sleep: Main Street Summit
EPISODE CREDITS
Produced by David Cover
Additional editing & mastering by Ryan Lipman
Outro music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Permanent Equity’s Hiring Playbook
Listen on Apple Podcasts, Spotify.
Show Notes
What’s your hiring process? Kelie Morgan, Director of Talent Acquisition at Permanent Equity, shares the 8-step hiring playbook she developed to find and hire great talent at the firm and our portfolio companies. Learn how to attract talent more efficiently, screen candidates more thoroughly, and conduct interviews most effectively – and why the most important part of the process might be the part you didn’t plan for.
LINKS & MENTIONS FROM THIS EPISODE
Connect with Kelie on twitter https://twitter.com/keliemorgan
Connect with Kelie on LinkedIn https://www.linkedin.com/in/keliemorgan/
Visit https://www.permanentequity.com for more
TIMESTAMPS
0:00 Intro
0:31 What Would You Say You Do Here?
2:32 Permanent Equity’s Hiring Playbook: 1 - The Job Description
5:01 2 - Resume Screening Process
7:05 3 - Screening Interview
11:55 4 - Competency Interview
13:13 5 - Deliverables & Personality Assessments
18:12 6 - In-Person Interviews & The Time Kelie Wore the Wrong Shoes
25:51 7 - Reference Checks
27:58 (8) - Your Firing Process
28:56 - How Kelie Conducts a Screening Interview
39:18 - 8-Step Recap - Visit permanentequity.com to Read More About Our Hiring Process
40:51 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Additional editing & mixing by Ryan Lipman
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Scaling People with Claire Hughes Johnson
Listen on Apple Podcasts, Spotify, Youtube.
Show Notes
Claire Hughes Johnson (Google, Stripe) discusses her new book Scaling People: Tactics for Management and Company Building. Claire talks about why she thinks vulnerability is so powerful, the pitfalls of transparency in leadership, how to build systems by building trust, and the difference between management and leadership.
LINKS & MENTIONS FROM THIS EPISODE
“Scaling People” by Claire Hughes Johnson https://press.stripe.com/scaling-people
Read “The Messy Marketplace” by Brent Beshore https://www.amazon.com/Messy-Marketplace-Selling-Business-Imperfect/dp/0998030007/ref=sr_1_1?crid=188DH4FFMN8IX&keywords=messy+marketplace&qid=1682524629&sprefix=messy+mark%2Caps%2C134&sr=8-1
Listen to “The Messy Marketplace” (episode 1 of the Permanent Podcast feed) https://www.permanentequity.com/themessymarketplacepodcast/introduction-a-note-from-the-author
Claire mentions “Bury My Heart at Conference Room B” by Stan Slap https://www.amazon.com/Bury-Heart-Conference-Room-Unbeatable/dp/1591843243/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1682524772&sr=8-1
David mentions “Raising Emotionally Strong Boys” by David Thomas https://www.amazon.com/Raising-Emotionally-Strong-David-Thomas/dp/0764240714/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1682524959&sr=8-1
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
CONNECT
Claire on twitter https://twitter.com/chughesjohnson
Claire on LinkedIn https://www.linkedin.com/in/claire-hughes-johnson-7058/
Brent on twitter https:/https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 Intro & Who Is Claire?
2:08 “This One Scales to 11”
4:08 Why Write “Scaling People?”
13:08 One of Claire’s Most Pivotal Moments as a Manager
22:12 Transparency: Virtue or Vice?
28:22 The Challenges of Managing PEOPLE
36:38 The Power of Being Vulnerable
46:42 Why Dachshunds Are the Funniest Dogs
51:26 How Have Your Motivations Changed Over Time?
55:36 The Difference Between a Strong Manager and a True Leader
57:55 Why a Business Stays Small
1:06:35 How to Build Kindness Into Company Culture
1:10:45 Who Would You Send This Podcast To?
1:11:52 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Additional editing & mastering by Ryan Lipman
Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Outro music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
The Psychology of Luck with Morgan Housel
Listen on Apple Podcasts, Spotify, Youtube.
Show Notes
Morgan Housel (The Psychology of Money) joins Brent Beshore & David Cover to discuss how to build wealth, why people are mad at Morgan, and why most investors are asking the wrong questions – plus, they clear the air on Brent’s online feud with Morgan.
LINKS & MENTIONS FROM THIS EPISODE
Preorder Morgan’s new book, Same As Ever https://www.penguinrandomhouse.com/books/672339/same-as-ever-by-morgan-housel/
Read The Psychology of Money https://www.amazon.com/Psychology-Money-Timeless-Lessons-Happiness/dp/B08D9WJ9G8/ref=sr_1_3?crid=1ZWO7MWLGMIF4&keywords=morgan+housel&qid=1681911241&sprefix=morgan+hous%2Caps%2C302&sr=8-3
Listen to Morgan’s podcast https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669
Listen to Brent & David’s interview with Shane Parrish https://www.permanentequity.com/content/why-discipline-doesnt-matter-with-shane-parrish
Morgan mentions the book, April 1865 by Jay Winik https://www.amazon.com/April-1865-Professor-Jay-Winik-audiobook/dp/B00VQPDKWS/ref=sr_1_1?crid=2T648CGQZ69TS&keywords=jay+winnick&qid=1681928090&sprefix=jay+winick%2Caps%2C104&sr=8-1
CONNECT
Morgan on twitter https://twitter.com/morganhousel
Morgan on LinkedIn https://www.linkedin.com/in/morgan-housel-5b473821/
Brent on twitter https:/https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
David on twitter https://twitter.com/DavidACover
David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 Intro & Why Brent Hates Morgan
2:08 David Apologizes to Morgan
4:27 Did Morgan Know He Was Going to be a Best Selling Author?
10:17 Why People Are Mad at Morgan & Why Investors Are Asking the Wrong Questions
15:09 Why Brent Doesn’t Consider Himself an Investor
17:35 How Almost Dying Shaped Morgan’s View of Risk & Luck
26:31 How to Not Make Bad Decisions
29:22 How to Have Enough
36:06 How to Create Something That Will Have Impact
38:36 Is it Possible to Save Too Much Money?
41:26 What Should Owners & Operators Do With Their Money?
47:37 Getting Rich vs Staying Rich
53:47 How to Learn from the Past and What Never Changes
56:75 How to Be Less Cynical
59:08 Housel Hot-Takes: What Are You Reading?
1:00:52 Housel Hot-Takes: Bitcoin & AI
1:03:39 Housel Hot-Takes: The Fed
1:05:03 Housel Hot-Takes: Expensive Wine Is Overrated
1:06:08 Housel Hot-Takes: Twitter & Elon Musk
1:08:02 What Would You Go Back & Tell Your 30 Year Old Self?
1:09: Frenemies Are Frenemies Forever
1:10:46 Let’s Send This Podcast to Someone Together
1:11:40 What Happens Next
1:12:35 Moment of Compliance Zen
EPISODE CREDITS
Produced by David Cover
Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Outro music by Jees Guy
Moment of Compliance Zen music by Shimmer
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
The Investment Team is Hiring
Listen on Apply Podcasts, Spotify, Overcast
Show Notes
Permanent Equity is hiring for a new 2-year Analyst Program. Emily Holdman (MD) & Tim Hanson (Co-President & CIO) sit down with David Cover & Sarah George-Waterfield to talk about what makes Permanent Equity’s approach to investing different from traditional private equity, what the new analyst role will look like, and why we think working on the Permanent Equity team is engaging, fun, and fulfilling work, despite Tim’s repeat dad-jokes.
LINKS & MENTIONS FROM THIS EPISODE
Read about the program and apply here https://www.permanentequity.com/content/the-investment-team-is-hiring
Connect with Permanent Equity on LinkedIn https://www.linkedin.com/company/permanentequity/
Connect with Permanent Equity on twitter https://twitter.com/PermanentEquity
Connect with Emily on LinkedIn https://www.linkedin.com/in/emilyholdman/
Connect with Emily on twitter https://twitter.com/emilyleldridge
Connect with Tim on LinkedIn https://www.linkedin.com/in/timothybhanson/
Connect with Tim on twitter https://twitter.com/timhanso
Connect with David on twitter https://twitter.com/DavidACover
Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Connect with Sarah on twitter https://twitter.com/SarahBethGDub
Connect with Sarah on LinkedIn https://www.linkedin.com/in/sarahbethgdub/
TIMESTAMPS
0:00 We’re Breaking Rule #1 of Podcasting
2:26 Permanent Equity’s New Analyst Program
6:54 Help Permanent Equity Buy More Companies
10:53 What Makes Permanent Equity Different from Private Equity
12:44 Who Is Right for This Role?
14:27 The Hardest Part of Working at Permanent Equity
15:45 Visit permeq.com to Apply
16:26 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Intro music by Andrew Camp, David Cover, Scott Johnson, Andrew Luley, & Dave Wilton
Outro music by Ghost Beatz
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
How to See Your Strengths
Listen on Apple Podcasts, Spotify, Overcast.
Show Notes
You have a unique set of strengths, but you might not know what they are. Because we don’t recognize these "subconscious gifts" we don't know how to flex them effectively. Mark Brooks and David Cover talk about how you can see your strengths and unlock them in yourself and in others.
LINKS & MENTIONS FROM THIS EPISODE
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Connect with Mark on twitter https://twitter.com/markbrooks
Connect with Mark on LinkedIn https://www.linkedin.com/in/markbrooks1/
Connect with David on twitter https://twitter.com/DavidACover
Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro
1:20 David Confronts a Coworker Again
2:59 Subconscious Gifts: What Are We Even Talking About?
8:12 Why You Have Success: Seeing The Matrix
12:41 You Might Not Know Your Greatest Strength
17:15 How to See Your Hidden Strengths
19:42 David’s Never Seen Good Will Hunting & Thinks Paul Simon is Just Ok
20:36 David Tries to Identify Mark’s Subconscious Gifting
26:25 Why We Have Conflict and Disconnects at Work
31:54 Your Gifts Are Rare, Your Weaknesses Aren’t
38:34 Questions for Reflection: How to Identify Subconscious Gifts
42:56 Send This Podcast to Someone
43:46 Moment of Compliance Zen
EPISODE CREDITS
Produced by David Cover
Additional editing & mixing by Ryan Lipman
Intro music by David Cover, Andy Freeman, & Wes White
Outro music by Daniele Musto
Moment of Compliance Zen music by Shimmer
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
What’s Your Brand
Listen on Apple Podcasts, Spotify, Overcast.
Show Notes
Brent Beshore talks about the importance of how people experience your brand, your service, and your product in the final installment of 5 Minute Management.
LINKS & MENTIONS FROM THIS EPISODE
Brent on twitter https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
Connect with David on twitter https://twitter.com/DavidACover
Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
TIMESTAMPS
0:00 Intro
0:22 We Tried Something That Didn’t Work
1:41 Thinking About Your Brand
7:47 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Intro music by David Cover, Andy Freeman, & Wes White
Outro music by Daniele Musto
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://pod.link/1480383949
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
John Fio: Building a World One Hug at a Time
Show Notes
John Fio (Gravity Blanket, Moon Pals) joins Brent Beshore & David Cover to talk about what it was like to work with Justin Bieber, the importance of finding truth in what you create, why worldbuilding is more important storytelling, and why so many products won’t stand the test of time.
LINKS & MENTIONS FROM THIS EPISODE
Gravity Blanket https://gravityblankets.com/
Moon Pals https://www.moonpals.com/
Birthdate Co https://birthdate.co/
Unqualified Opinions Newsletter https://www.permanentequity.com/newsletters
CONNECT
John on twitter https://twitter.com/johnhfio
John on LinkedIn https://www.linkedin.com/in/john-fiorentino-a1b26439/
Brent on twitter https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
David on twitter https://twitter.com/DavidACover
David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 Intro & Who Is John Fio?
4:38 Maybe the World DOES Need One More Podcast
5:44 John the Artist vs John the Warlord
8:22 Working for Justin Bieber & Almost Dying
10:27 Being Homeless for Over a Year
12:35 Inventing Gravity Blanket After Spending the Night on the Subway
20:00 Worldbuilding > Storytelling
24:20 Fearlessly Pursuing Your Customer
29:29 Sign Up for the Unqualified Opinions Newsletter
30:57 Red Bull Built a Real World
37:07 Is Uber a Real Company?
41:43 A Plague of Cynicism
49:02 You Are More Than Yourself
1:04:21 Finding the Truth Is Profitable
1:07:13 Is Moon Pals the Next Disney
1:13:30 Creating From Truth
1:16:10 Building Fio Creations: Finding Artists & Warlords
1:23:09 Send This Podcast to Someone
EPISODE CREDITS
Produced by David Cover
Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Interlude music by Sam Barsh
Outro music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: hhttps://pod.link/1480383949
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
SVB Fallout: 3 Ways to Mitigate Your Banking Risk (#3 Will SHOCK You)
Listen on Apple Podcasts, Spotify, Overcast.
Show Notes
Description text goes hereWhen you have money in the bank, you expect it to be there for your use. But the collapse of Silicon Valley Bank and others that followed have highlighted uncertainties in the system. What happened? And what can you do to mitigate your risk? Our new CFO Nikki Galloway and CIO Tim Hanson sit down with David Cover to share three ways you can mitigate your banking risk.
LINKS & MENTIONS FROM THIS EPISODE
Read Nikki’s 3 Ways to Mitigate Banking Risk at https://www.permanentequity.com/
Subscribe to Tim’s daily newsletter, Unqualified Opinions https://www.permanentequity.com/unqualified-opinions
Connect with Nikki on LinkedIn https://www.linkedin.com/in/nicolergalloway/
Connect with Nikki on twitter https://twitter.com/nicolergalloway
Connect with Tim on LinkedIn https://www.linkedin.com/in/timothybhanson/
Connect with Tim on twitter https://twitter.com/timhanso
Connect with David on twitter https://twitter.com/DavidACover
Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
TIMESTAMPS
0:00
1:12 Who’s Fault Is It?
2:14 Nikki the New Girl
7:18 Explaining Tim’s Jokes
8:58 What Happened with SVB?
17:29 What’s Happening Now?
20:29 The Wives of Permanent Equity Love Tim’s Newsletter
22:18 Nikki’s 3 Ways to Mitigate Your Banking Risk
27:48 #3 Will Shock You ;)
31:01 David Gets Sidetracked by Sirens & Sports
35:12 Nikki & Tim Try to Get David Back On Topic
36:28 Visit permanentequity.com for More
37:28 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Intro music by Andrew Camp, David Cover, Scott Johnson, Andrew Luley, & Dave Wilton
Outro music by Ghost Beatz
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: hhttps://pod.link/1480383949
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Edge Case Decisions – 5 Minute Management
Listen on Apple Podcasts, Spotify, Overcast
Show Notes
You’re making too many business decisions based on edge cases. Mark Brooks explains why you should be wary of loud voices, your own assumptions, buddy bias, and single bad actors that could lead you to set poor policies, products, or prices.
LINKS & MENTIONS FROM THIS EPISODE
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Connect with Mark on twitter https://twitter.com/markbrooks
Connect with Mark on LinkedIn https://www.linkedin.com/in/markbrooks1/
Connect with David on twitter https://twitter.com/DavidACover
Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro
0:38 Threadboi Reads His Tweets
2:25 Making Assumptions About Pricing
4:02 Be Aware of Buddy Bias
4:47 Why We Can’t Have Nice Things
6:08 (Not) Taking Criticism
8:10 Subscribe to the Permanent Playbook Newsletter
8:35 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Intro music by David Cover, Andy Freeman, & Wes White
Outro music by Daniele Musto
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: hhttps://pod.link/1480383949
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.es here
Chris Powers: Real Meaning & Real Estate – Outside Insights
Listen on Apple Podcasts, Spotify, Overcast
Show Notes
Description text goes hereChris Powers (Fort Capital) joins Brent Beshore & David Cover to talk about almost losing everything, what changed his life and business for the better, building exceptional teams, the critical importance of real friendship and support, knowing where you’re going to provide the most value and find satisfaction, and prioritizing an operator’s mindset in the face of challenging conditions.
LINKS & MENTIONS FROM THIS EPISODE
Capital Camp https://www.capitalcamp.com/
Fort Podcast: https://pod.link/1410549811
Fort Capital https://fortcapitallp.com/
John Marsh https://www.linkedin.com/in/john-marsh-1576069/
Sacred Pace by Terry Looper
Purpose Driven Life by Rick Warren
Permanent Equity’s 2022 Annual Letter https://www.permanentequity.com/writings/2022-annual-letter-15-years-in-the-trenches
CONNECT
Chris on twitter https://twitter.com/fortworthchris
Chris on LinkedIn https://www.linkedin.com/in/chrispowersjr/
Brent on twitter https:/https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
David on twitter https://twitter.com/DavidACover
David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
TIMESTAMPS
0:00 Intro
0:25 Getting Marshed at Capital Camp
2:38 What You’ve Learned From Doing The Fort Podcast
4:10 Who Is Chris Powers & Why Brent Didn’t Like Him
6:35 What Led to Your Radical Transformation?
15:40 How Has Your Life & Business Changed?
19:00 Has the New Chris Lost His Edge?
20:07 What’s Led to Fort’s Success?
22:56 Why Fort Struggled from “The Me Show”
26:55 How to Raise More Capital
29:18 Market Takes & Real Estate
35:32 The Nitty Gritty of Fort’s Operations
38:50 Biggest Mistakes
48:00 Lighting Round Hot Takes
54:50 The Responsibility of Being Wealthy
57:00 Building the Life You Want
1:01:26 What’s Next?
1:03:26 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Additional editing by Bill Pollock
Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Outro music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://pod.link/1480383949
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Managing in Crisis
Listen on Apple Podcasts, Spotify, Overcast.
Show Notes
Many business owners and operators are looking at 2023 with trepidation and it’s possible many will be leading through crisis. Mark Brooks shares his insights from over 20 years of managing teams (AOL, The Motley Fool, Permanent Equity) with 16 tips for managing in crisis.
LINKS & MENTIONS FROM THIS EPISODE
Connect with Mark on twitter https://twitter.com/markbrooks
Connect with Mark on LinkedIn https://www.linkedin.com/in/markbrooks1/
Connect with David on twitter https://twitter.com/DavidACover
Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletters
TIMESTAMPS
0:00 Intro &
0:22 Two Guys Singing Songs to Eachother
2:44 Mr. Manager
3:30 1. Get upstream of your current metrics
4:35 2. Review your metrics more often
5:28 3. Create a Confidence Interval
6:37 4. Determine your action items.
7:33 5. Communicate the situation to your team.
8:15 6. Communicate with your team more often
8:57 7. Know the difference between openness and honesty.
10:01 8. It’s okay to say “I don’t know.”
12:12 9. Brainstorm with your best.
13:40 10. Micromanage
15:51 11. Don’t Make Promises You Can’t Keep
17:43 12. Cut deep so you only cut once
19:19 13. Know what you’re cutting
22:29 14. Ask for help
23:56 15. Talk to others
26:49 16. Don’t neglect your health
28:26 Subscribe to the Permanent Playbook
29:18 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Intro music by David Cover, Andy Freeman, & Wes White
Outro music by Daniele Musto
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
You Can’t Build with Managers
Listen on Apple Podcasts, Spotify, YouTube.
Companies don’t stay small on purpose. So how can you scale faster? Anu Hariharan of YCombinator discusses the growing pains of going from start-up to success, how to grow as a builder and a manager, the importance of ruthless prioritization, and shares new technologies to help SMBs unlock their operations, and customer support.
LINKS & MENTIONS FROM THIS EPISODE
Tech to help SMBs:
Brex https://www.brex.com
Stripe Atlas https://stripe.com/atlas
Gusto https://gusto.com/product
Amplitude https://amplitude.com
Mix Panel https://mixpanel.com
Live Flow https://www.liveflow.io
Keeper https://www.keeper.app
Plan Grid https://construction.autodesk.com/products/autodesk-plangrid-build/
Mutiny https://www.mutinyhq.com
Canva https://www.canva.com/
Other Mentions by Anu:
DoorDash https://www.doordash.com
Faire https://www.faire.com
NVIDIA https://www.nvidia.com/en-us/
Boom https://boomsupersonic.com
Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto https://bitcoin.org/bitcoin.pdf
CONNECT
Learn more about Anu’s role as Managing Director of YC Continuity Fund https://www.ycombinator.com/continuity
Anu on twitter https://twitter.com/anuhariharan
Anu on LinkedIn https://www.linkedin.com/in/anuhariharan/
Brent on twitter https:/https://twitter.com/BrentBeshore
Brent on LinkedIn https://www.linkedin.com/in/brentbeshore
David on twitter https://twitter.com/DavidACover
David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/
Visit https://www.permanentequity.com/ for more
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TIMESTAMPS
0:00 Who Is Anu?
5:00 This One Time at Capital Camp
6:19 Characteristics of a Successful Founder
11:01 The Two Stages of Scaling
13:02 Biggest Mistakes Founders Make
17:12 Hiring From the Outside vs Internal Development
20:37 Learning How to Deal with People
20:04 Builders vs Managers
27:16 How to Hire a Builder
30:39 Why Do Companies Fail?
32:35 What Silicon Valley Has Lost
34:51 Dealing With Stress
37:22 What it Takes to Succeed
40:47 Helpful Tech for SMB
46:54 Emerging Technology
48:33 Lightning Round Hariharan Hot Takes
60:43 How to Win in 2023 and Beyond
64:24 What Drives You
66:36 Where We're Going
68:01 Legal Disclaimer
EPISODE CREDITS
Produced by David Cover
Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley
Outro music by Jees Guy
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.