Chris Powers: Real Meaning & Real Estate - Outside Insights

Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses

Chris Powers (Fort Capital) joins Brent Beshore & David Cover to talk about almost losing everything, what changed his life and business for the better, building exceptional teams, the critical importance of real friendship and support, knowing where you’re going to provide the most value and find satisfaction, and prioritizing an operator’s mindset in the face of challenging conditions.

LINKS & MENTIONS FROM THIS EPISODE

Capital Camp https://www.capitalcamp.com/

Fort Podcast: https://pod.link/1410549811

Fort Capital https://fortcapitallp.com/

John Marsh https://www.linkedin.com/in/john-marsh-1576069/

Sacred Pace by Terry Looper

Purpose Driven Life by Rick Warren

Permanent Equity’s 2022 Annual Letter https://www.permanentequity.com/writings/2022-annual-letter-15-years-in-the-trenches

CONNECT

Chris on twitter https://twitter.com/fortworthchris

Chris on LinkedIn https://www.linkedin.com/in/chrispowersjr/

Brent on twitter https:/https://twitter.com/BrentBeshore

Brent on LinkedIn https://www.linkedin.com/in/brentbeshore

David on twitter https://twitter.com/DavidACover

David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/

Visit https://www.permanentequity.com/ for more

Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter

Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions

TIMESTAMPS

0:00 Intro

0:25 Getting Marshed at Capital Camp

2:38 What You’ve Learned From Doing The Fort Podcast

4:10 Who Is Chris Powers & Why Brent Didn’t Like Him

6:35 What Led to Your Radical Transformation?

15:40 How Has Your Life & Business Changed?

19:00 Has the New Chris Lost His Edge?

20:07 What’s Led to Fort’s Success?

22:56 Why Fort Struggled from “The Me Show”

26:55 How to Raise More Capital

29:18 Market Takes & Real Estate

35:32 The Nitty Gritty of Fort’s Operations

38:50 Biggest Mistakes

48:00 Lighting Round Hot Takes

54:50 The Responsibility of Being Wealthy

57:00 Building the Life You Want

1:01:26 What’s Next?

1:03:26 Legal Disclaimer

EPISODE CREDITS

Produced by David Cover

Additional editing by Bill Pollock

Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley

Outro music by Jees Guy

WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT

Visit https://www.permanentequity.com/ for more

Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter

Sign up for a new daily newsletter from our very own Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions

Check out our other podcast episodes here: hhttps://pod.link/1480383949

LEGAL DISCLAIMER

This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.