Brent Beshore

9 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jan 26, 2023 by Brent Beshore · across every show →

On the record as a speaker too: Brent Beshore's record, appearances and statements → this page counts the times other people say the name.

Everything said about Brent Beshore, oldest first

Jan 26, 2023
Disclosure
Permanent Equity's portfolio includes a pool builder and high-end matchmaking firm
“We own swimming pool builder. We own a Heisen matchmaking firm. So executive search, but for love very interesting business. We own a military recruitment firm, a picture frame manufacturer, a fence builder. I mean, it's really all over the place. So services,…”
Brent Beshore Jan 26, 2023 ▶ 8:18 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023
Disclosure
Permanent Equity buys companies debt-free and holds them indefinitely
“So what we do is we buy with no intention of selling the business. We typically use no debt in the transaction. We love to keep leadership teams in place. We don't we don't replace the leadership typically, unless there's a sort of acute problem. And we hold i…”
Brent Beshore Jan 26, 2023 ▶ 7:17 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023 neutral
Insight
Beshore: 'Owner moat' prevents small businesses from being successfully transferred
“A lot of smaller companies are just not transferable. We call it owner moat where all of the value of the business is tied up in the goodwill of the owner. So the owner leaves all the relationships, all the skills Everything kind of falls apart. They're the li…”
Brent Beshore Jan 26, 2023 ▶ 22:59 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023 positive
Insight
Beshore: Transparent content attracts the right partners and repels wrong ones
“We found that the best way to repel the wrong people and attract the right people is to put out content that says who we are and what we do.”
Brent Beshore Jan 26, 2023 ▶ 1:55 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023 neutral
Disclosure
Brent Beshore states he has no formal finance degree or credentials
“I don't have a degree from a fancy school in finance. I, you know, I don't have any of the traditional markers.”
Brent Beshore Jan 26, 2023 ▶ 35:09 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023
Disclosure
Beshore: Personal portfolio strictly limited to cash and small private acquisitions
“I hold two types of investments. I hold highly illiquid small private investments, right? In these companies that we, that we've acquired and cash and that's it. Like literally I have the, it's the most barbell strategy I've ever seen right now.”
Brent Beshore Jan 26, 2023 ▶ 42:13 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023 positive
Opinion
Beshore: Charlie Munger Was Gracious, Thoughtful, and Highly Opinionated
“Charlie was incredibly gracious and kind deeply thoughtful. Very opinionated. I like people who speak their mind and tell you what they actually think. And he certainly did that.”
Brent Beshore Jan 26, 2023 ▶ 29:19 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023
Disclosure
Beshore: Permanent Equity typically pays 4x to 6x future cash flow
“So look, we paid three times for a business. We've paid 10 times for a business. Those would kind of be the, I would say, rough, you know, yardstick to use in terms of range. Most of the time we're paying four, five, six times.”
Brent Beshore Jan 26, 2023 ▶ 25:24 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
Jan 26, 2023
Disclosure
Beshore bought his first business with zero capital using an SBA loan
“I called a local lawyer that I had at the time whenever I had the opportunity to buy my first business. It was very, I had no capital. I took out an SBA loan and I said, okay, so what do we do next? And he said, well, we needed a due diligence. So I literally …”
Brent Beshore Jan 26, 2023 ▶ 48:25 Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation
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