Justin Ishbia, founder of microcap private equity firm Shore Capital Partners, explains his firm's internal goal-evaluation framework and workplace expectations.
“And if all your goals are green, you can try hard enough. You didn't stretch yourself far enough.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Justin Ishbia
Opinion
Ishbia: Back young, hungry first-time CEOs over experienced executives
“My biggest, I'd say paradigm shift in investing is, give me that young, hungry energy that wants to run through walls, has yet to make it yet.”
Justin IshbiaFeb 26, 2024▶ 37:13Justin Ishbia: The Three Traits Required to Succeed in Private Equity | E1119 · 20VC with Harry Stebbings
Insight
Ishbia: Great systems allow average people to deliver extraordinary results
“I personally believe that the best organizations create an amazing system. You can put a relatively average person into the system and have extraordinary results.”
Justin IshbiaFeb 26, 2024▶ 45:48Justin Ishbia: The Three Traits Required to Succeed in Private Equity | E1119 · 20VC with Harry Stebbings
Insight
Ishbia: One top 0.1% performer is worth ten top 10% employees
“I'm a firm believer that the top .1% are worth much more than the next 10%. Give me 1.1% individual over 10 people in the top 10%.”
Justin IshbiaFeb 26, 2024▶ 51:03Justin Ishbia: The Three Traits Required to Succeed in Private Equity | E1119 · 20VC with Harry Stebbings
Opinion
Ishbia: Even Jack Welch couldn't succeed in today's publishing industry
“If you go into the, you know, publishing business right now, I don't care if you're Jack Welch and his prime, you're probably not gonna end up having a bunch of success.”
Justin IshbiaFeb 26, 2024▶ 12:53Justin Ishbia: The Three Traits Required to Succeed in Private Equity | E1119 · 20VC with Harry Stebbings
AssertionSupported
Ishbia: Shore Capital has never had an outcome below 3x
“We've yet to have an outcome below three times our money.”
Justin IshbiaFeb 26, 2024▶ 13:54Justin Ishbia: The Three Traits Required to Succeed in Private Equity | E1119 · 20VC with Harry Stebbings
Disclosure
Ishbia: Shore Capital reserves up to 90% of capital for add-on acquisitions
“Our platforms are really more, we'll put 10 to 40, 50% of our capital in for the platform, and reserve the rest for add-ons.”
Justin IshbiaFeb 26, 2024▶ 17:28Justin Ishbia: The Three Traits Required to Succeed in Private Equity | E1119 · 20VC with Harry Stebbings
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.