Brent Beshore & a new approach to private equity
Today on Givers, Doers, & Thinkers, Jeremy speaks with Permanent Equity CEO Brent Beshore about what's wrong with private equity, what good organizations have in common, and why small private companies matter.
Brent Beshore founded Permanent Equity in 2007 and is the author of The Messy Marketplace: Selling Your Business in a World of Imperfect Buyers. He is originally from Joplin, Missouri, but now lives in Columbia, Missouri, with his wife, Dr. Erica Beshore, and three daughters.
What is private equity, and how does it work? Jeremy and Brent delve into the basics before exploring what sets a business apart. Brent unveils Permanent Equity's distinctive investment approach, placing a strong emphasis on employee well-being, stability, and long-term ownership. They then draw parallels between small to mid-size businesses and nonprofits, humorously remarking that most are "loosely functioning disasters." Lastly, Brent underscores the shared traits of successful businesses (and nonprofits): humility and openness to feedback.
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