Episode of My First Million with Sam Parr and Shaan Puri.

Topics

  • Introduction to Brent Beshore and Permanent Equity
  • The First Golden Goose: Military Recruitment (Media Cross)
  • Accidentally Buying a Business at 24 with an SBA Loan
  • Just-In-Time Learning and the Arizona Pool Business
  • Raising Capital from Patrick O’Shaughnessy and a Unique Fund Structure
  • Targeting 30% IRR in Inefficient Small Business Markets
  • The Story of Warren Buffett’s Near-Failure at Dempster Mill
  • Framework for Buying Your First Small Business
  • The Problem with EBITDA and the History of John Malone
  • Management Styles: High Authority vs. Delegated Authority
  • Evaluating Operators using Enneagram and Myers-Briggs
  • The ‘Asshole Test’ and Character Filtering