This podcast episode interviews Brent Beshore, founder of Permanent Equity, about his journey in acquiring and managing a portfolio of 16 companies generating over $350 million in annual revenue. The conversation starts with Beshore's accidental acquisition of his first business and details his path to raising significant capital, his unique investment strategy (all-cash deals, no debt, long-term hold), and his high rate of return. Beshore emphasizes the importance of finding the right operators, using personality assessments (DISC, Myers-Briggs, Enneagram), and shares his philosophy of either operating with high authority or delegating completely, avoiding the middle ground. Listeners gain insights into Beshore's unconventional approach to private equity and practical advice on identifying and acquiring successful businesses.
