Episode Sarah George Episode Sarah George

Scaling People with Claire Hughes Johnson

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.

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Episode, Outside Insights Sarah George Episode, Outside Insights Sarah George

The Psychology of Luck with Morgan Housel

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.

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Episode Sarah George Episode Sarah George

The Investment Team is Hiring

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.

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Episode Sarah George Episode Sarah George

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.

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Episode Sarah George Episode Sarah George

What’s Your Brand

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.

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Episode, Outside Insights Sarah George Episode, Outside Insights Sarah George

John Fio: Building a World One Hug at a Time

Listen on Apple, Spotify, Overcast

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.

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Episode Sarah George Episode Sarah George

SVB Fallout: 3 Ways to Mitigate Your Banking Risk (#3 Will SHOCK You)

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.

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Episode Sarah George Episode Sarah George

Edge Case Decisions – 5 Minute Management

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

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Episode Sarah George Episode Sarah George

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.

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Episode Sarah George Episode Sarah George

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.

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Outside Insights, Episode Sarah George Outside Insights, Episode Sarah George

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

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 

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.

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Episode Sarah George Episode Sarah George

How to Sell a Business in 2023

Apple Podcasts, Spotify, Youtube

Is 2023 a good time to sell a company? What is the market for a sale looking like in 2023 compared to the last few years? How does that inform what might lie ahead in the coming months or years? Tim Hanson and Emily Holdman talk about their perspective on the market and share why now is the best time to sell a company. 

LINKS & MENTIONS FROM THIS EPISODE

Instant Appraisal Tool https://www.permanentequity.com/instant-appraisal 

Start a conversation with us https://www.permanentequity.com/sellers 

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

Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions  

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/newsletter

TIMESTAMPS

0:00 Intro

1:24 Market Conditions

5:38 Why 2023 is a Good Time To Sell

14:45 What Kind of Companies Do We Buy

16:40 Different Industry Conditions

19:00 You May Have a Business Model Problem

21:25 Reality Check

22:15 Should I Wait to Sell?

27:00 David Puts on His “Skeptical Skirt”

28:30 Why Do I Care Where You Get Your Money?

30:45 Conflict of Interest?

33:00 Instant Appraisal Tool

34:45 Privacy Concerns When Talking About My Business

39:22 What’s the Deal Process Look Like?

41:14 Lawyer Jokes

42:03 Who Is Our Biggest Competitor?

42:50 What Comes Next

44:14 Tim’s New Newsletter: Unqualified Opinions

EPISODE CREDITS

Produced by David Cover

Intro music by Andrew Camp, David Cover, Scott Johnson, Andrew Luley, & Dave Wilton

Outro music by Ghost Beatz

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.

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Five Minute Management, Episode Sarah George Five Minute Management, Episode Sarah George

Get Better at Hiring

Listen on Apple, Spotify, Youtube.

How can you attract and retain top talent? What can small to medium size businesses learn from large companies? What challenges and opportunities lie ahead in this climate? Permanent Equity’s Kelie Morgan and guest Ashley Day give some tips and insights on up-leveling your talent pipeline on this episode of 5 Minute Management.

 

EPISODE LINKS

Visit https://www.permanentequity.com/ for more of this conversation.

Interested in working with Permanent Equity? Put yourself in orbit: https://www.permanentequity.com/the-orbit

Connect with Kelie on twitter https://twitter.com/keliemorgan 

Connect with Kelie on LinkedIn https://www.linkedin.com/in/keliemorgan

Connect with Ashley on LinkedIn https://www.linkedin.com/in/ashleykday/

Connect with David on twitter https://twitter.com/DavidACover

Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/ 

 

TIMESTAMPS

0:00 Intro

1:35 How Do You Attract Talent?

2:44 Who Are Your Competitors & What Are They Doing?

3:51 The Executive Recruiting Touch

5:24 Re-Recruiting Your Existing Team

7:03 Visit permanentequity.com for more of the conversation

7:52 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.

Read More
Outside Insights, Episode Sarah George Outside Insights, Episode Sarah George

Why Discipline Doesn’t Matter

Listen on Apple Podcasts, Spotify, YouTube.

Shane Parrish (The Knowledge Project & Farnam Street) explains why your New Year's resolutions won't last, the importance of ritual, and his most costly mistakes as an investor in the first episode of a new series called Outside Insights. 

LINKS & MENTIONS FROM THIS EPISODE

Visit Shane's website https://fs.blog/

Shane mentions Buffet: The Making of an American Capitalist by Roger Lowenstein (44:12)

Brent mentions Todd Peterson and Illuminations (31:22) https://illuminations.bible/ 

Follow Shane on twitter https://twitter.com/ShaneAParrish

Follow Brent on twitter https:/https://twitter.com/BrentBeshore

Follow David on twitter https://twitter.com/DavidACover 

Visit https://www.permanentequity.com/ for more.

TIMESTAMPS

0:00 Intro & About Shane Parrish

3:40 Meat and Greet

6:03 Why New Years Resolutions Always Fail

10:30 Ritual vs Discipline

13:59 From Intelligence to Knowledge

19:30 Two Kinds of Knowledge: Tactic and Perspective

22:31 Why Should People Care About Continuous Learning?

27:28 The Best Sources of Knowledge

33:06 What Should You Stop Doing?

36:47 A Good Position is Better Than A Good Decision

39:06 Efficiency vs Relationships

41:34 Shane the Investor

45:42 Biggest Mistakes You See New Investors Make

52:38 How Has Growing Your Resources Changed You?

55:07 What Would You Tell Your 30-Year-Old Self?

57:17 Five Minute Management & More Coming on the Permanent Podcast

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Episode Sarah George Episode Sarah George

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.

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