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cover of episode I Made $50M Buying & Running Boring Businesses

I Made $50M Buying & Running Boring Businesses

2025/2/28
logo of podcast My First Million

My First Million
AI Chapters Transcript
Chapters
Brent Beshore shares his incredible entrepreneurial journey, from his first accidental business acquisition to building a portfolio generating $50 million in free cash flow. He discusses his unique investment strategy and the key factors contributing to his success.
  • Accidental acquisition of a $1 million business for $0
  • Portfolio of 16 companies generating over $350 million in annual revenue and $50 million in free cash flow
  • Investment strategy focused on cash flow businesses and long-term partnerships

Shownotes Transcript

Episode 681: Sam Parr ( https://x.com/theSamParr) ) and Shaan Puri ( https://x.com/ShaanVP) ) talk to Brent Beshore ( https://x.com/BrentBeshore ) about buying profitable businesses. 

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Show Notes: 

(0:00) $50K/yr to 9 figures

(6:04) Accidentally buying a $1M business for $0

(11:06) Just In Time learning

(14:11) Buying cash flow businesses

(20:30) Private equity or index?

(24:26) Buffett's near-death experience

(32:54) How to buy your first small business

(36:02) Brent's one-liner speed run

(47:33) Shaan asks Brent how to hire a CEO

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Links:

• Permanent Equity - https://www.permanentequity.com/) 

• Enneagram Test - https://enneagramtest.com/) 

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Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd)

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/)

• Ideation Bootcamp - https://www.ideationbootcamp.co/)

• Copy That - https://copythat.com)

• Hampton Wealth Survey - https://joinhampton.com/wealth)

• Sam’s List - http://samslist.co/)

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano