It’s Not A Mid-life Crisis: 2022 Annual Update
Permanent Equity has published our 2022 Annual Letter. This conversation with Brent Beshore, Tim Hanson, & Mark Brooks dives deeper into some of the themes and topics explored in the letter: Lessons learned from 15 years of buying and operating small businesses.
Read the full letter here.
Helpful, Not Impressive
Permanent Approach Episode 5 - Mark Brooks & Tim Hanson talk with David Cover about how they try to be less impressive and more helpful. What does it mean to be helpful, not impressive?
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Featuring: Mark Brooks, Tim Hanson, and David Cover
Mistaking Red Flags for Red Carpets: The Trouble with Services for Smaller Businesses
There are thousands of service vendors ready to “solve your small business problems,” and most of them are awful. Small businesses are frequently choosing from a combination of new and subpar options, often without much guidance. Selection bias is real: the best and most experienced typically don’t work on smaller accounts. Here's how to find a better relationship and enforce partnership hygiene.
Essay: Mistaking Red Flags for Red Carpets: The Trouble with Services for Smaller Businesses
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Featuring: Sarah George-Waterfield
How To Do Stuff
Odds are your to-do list is full of great ideas. But the trick isn’t just having great ideas — it’s executing them. Mark Brooks talks about 8 ways to get stuff done.
Essay: How to Do Stuff
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Featuring: Mark Brooks
Confessions of a Recovering Asshole
Permanent Approach Ep 4: Your team may have an asshole problem. How can you fix it? Brent Beshore tells David how things had gotten so bad in the early days of Permanent Equity that a No Asshole Policy had to be put in place.
Essay: Our “No Asshole” Policy
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Featuring: Brent Beshore and David Cover
The Greatest Competitive Advantage
Everyone is looking for the key to sustained success: a lasting competitive advantage. But it’s our experience and our belief that there’s one competitive advantage that outshines the rest.
Essay: The Greatest Competitive Advantage
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Featuring: Sarah George-Waterfield
Our No Asshole Policy
Permanent Equity has a strict No Asshole policy. But it might not mean what you think it means. Brent Beshore reads our updated essay.
Essay: Our “No Asshole” Policy
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Featuring: Brent Beshore
There Is No Medium Risk
Upping your upside variance in a world where there’s no medium risk.
Essay: There Is No Medium Risk
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Featuring: Sarah George-Waterfield
A Tactical Guide to Tough Conversations
Tough conversations are inevitable. Here are some tips for how to communicate more clearly to your team.
Essay: A Tactical Guide to Tough Conversations
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Featuring: Sarah George-Waterfield
How to Fire Someone (With Care)
Firing someone should never be easy, but you can get better at it. Mark Brooks shares how to fire someone with care in a new segment from Permanent Equity called Five Minute Management.
Essay: A Tactical Guide to Tough Conversations
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Featuring: Mark Brooks
Rule #1: Do No Harm - Permanent Approach (Ep. 3)
Brent and Mark sit down with David to discuss Rule #1 in the Permanent Equity Approach to stewarding companies that care what happens next. It's both essential and aspirational. Also Brent makes repeated ginger jokes (Mark and David both have red hair) and Mark explains why he's the Darth Vader of Permanent Equity.
Essay: Rule #1: Do No Harm
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Featuring: Brent Beshore, Mark Brooks, and David Cover.
Build a Better Small Biz Budget for 2023
Your budget is going to be wrong. So now what? Don't blow up when you blow your budget.
Essay: Build a Better Small Business Budget for 2023
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Featuring: Tim Hanson.
Why Plans Don't Work Out
BONUS Audio Essay: Plans fall apart. How to prepare for when things go sideways.
Essay: Why Plans Don’t Work Out
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Featuring: Sarah George-Waterfield.
Growth Without Goals - Permanent Approach (Ep. 2)
Brent bares all! Well, sort of. David sits down with Permanent Equity founder & CEO Brent Beshore. What starts as a conversation about the Permanent Approach to planning and growth evolves into Brent sharing about his faith journey, telling his most embarrassing moment with an investor, offering tips for sellers who are starting to think about what happens next, and more.
Essay: Why Plans Don’t Work Out
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Featuring: Brent Beshore and David Cover.
What Happens Next - Permanent Approach (Ep. 1)
Permanent Equity stewards companies that care what happens next. When it's time for an owner to start thinking about what happens next for their company, family, employees, and customers, what are their options? It can be an isolating and intimidating responsibility. The Permanent Equity team talks about what options the seller faces and what "next" can look like with the Permanent Approach.
Essay: Goodbye Boring Businesses. We Invest In Companies That Care What Happens Next.
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Featuring: Brent Beshore, Emily Holdman, Mark Brooks, and Tim Hanson.