Ep. 5 - Brent Beshore: Business as a Service

Here is the link to the article mentioned in the podcast: How to Buy a Business And here is the link to Brent's book: The Messy Marketplace Thank you so much for listening, we really appreciate you. If you have found this valuable, please consider leaving us a review as it will help more people find it! Thanks you're awesome! You can find more information and content by going to these places: Website: https://www.investingcity.org YouTube: Investing City Twitter: investing_city Instagram: investing_city Or feel free to email us at service@investingcity.org Again, we really appreciate that you would take the time to listen. Hope it was valuable. Let us know if you have any questions! Below you will find our entire conversation transcripted for those with hearing problems or just if you like reading more than listening. Enjoy! Ryan Reeves 0:10 Okay today on the Investing City podcast we are overjoyed and just so excited to have Brent the sole owner of "Adventures" here on the podcast-thank you so much Brent Brent Beshore 0:23 Hey thanks for having me on -way to set expectations low Ryan Reeves 0:28 Okay so yeah, I don't want to set expectations low because that is very undeserved! Brent, I don't know how I originally found you. Honestly, I just found you through some blog, maybe. But I've been reading your stuff for years. And yeah, just super excited for this interview. So, I've noticed you've actually been doing a lot of podcasts lately, and you probably get a lot of questions. But I was wondering, what is one of your most memorable questions that you've gotten so far? Brent Beshore 1:07 It has to be on a podcast? I think Patrick's question about what's the kindest thing someone's ever done for you is a pretty darn good one. I think it gets at things that we maybe don't often think about. And yeah, reflect on those things. So I think that's a pretty interesting one. Ryan Reeves 1:25 Totally. And what was your answer for that? Brent Beshore 1:28 Well, my answer was, there's a gentleman, his name is Craig, who used to work with me. And he really picked me up when things were dark. I think it's easy to look at anyone's life. And in general, things get better and it's easy to say, Oh, it was a straight line between when they started and the success they've had, and I certainly know for my life, that's just not the case. There's been lots of ups and downs and lots of periods where things didn't work out the way I wanted them to-lots of times where things were looking pretty dire. And during one of those periods, early on, Craig was really an anchor, a rock for me, and just was incredibly kind and generous and helpful. And really, just everything I could possibly ask for. Ryan Reeves 2:18 Wow, are you still in touch with Craig today? Brent Beshore 2:21 Oh, absolutely. Yeah, I texted with him a couple days ago. We are good friends. We live about 45 minutes away from each other now. Yeah, really great guy. Ryan Reeves 2:32 That's awesome. So I want to backtrack just a little bit. I was doing some research and you were doing your JD MBA at Missouri, and you got the opportunity to help a friend out with a company. Can you take us through that a little bit? Brent Beshore 3:17 Well, if I'm being honest, it wasn't so much a process as something that I stumbled on that eventually led to something more. I was getting my law degree, my MBA, and I realized that I didn't want to be a lawyer. And someone kindly said to me, hey, if you don't want to be a lawyer, it's probably not best to get your law degree- things you don't think about. And it was an opportunity to get into business. , I felt like I was kind of sitting on the sidelines, watching other people in business. But until you experience something,...