The art of business longevity with Mark Brooks| Construct your life #595

EPISODE SUMMARY:

Have you ever sat across from someone and realized that the conversation you're having could fundamentally alter your approach to business and life? That's the sensation I had while talking with Mark Brooks of Permanent Equity. Mark's philosophy of long-term growth over quick financial gains is a testament to the power of patience and persistence. In our enriching dialogue, we cast light on the significance of trust-building shared meals and how taking the time to truly listen can unearth personal growth.

We probe into the operational strategies at Permanent Equity and their unique approach to supporting CEOs post-acquisition, providing a fresh perspective on the value of continuity and the nuanced art of assembling a team for the long haul.Imagine being the least informed person in the room—yet leading the charge. I share my experiences of humility and growth within a diverse array of businesses, emphasizing the educational journey from learner to leader.

This episode is a celebration of mentorship, the motivational stories of employees rising above adversity, and the critical role of letting go of ego to catalyze learning and problem-solving. It's about nurturing a company culture where everyone is empowered to become a natural problem solver, and how that culture can transform a business from the inside out.

Wrapping up our conversation, we turn to the delicate balance required to transition from owner to CEO post-sale, unraveling the emotional intelligence needed to navigate difficult workplace conversations. We examine the construction of incentive systems that boost productivity while preserving team spirit, and the long-term approach to relationship-building that eschews short-term ease for lasting trust. Through the lens of my personal anecdotes and Mark's profound insights, we offer guidance for those crafting their dream lives while building resilient companies. Join us as we share the strategies that have shaped our paths and how they might illuminate yours.

MARK'S BIO:

Mark leads the operations team at the firm, supporting portfolio company leadership teams.

Outside Work: Mark sits on the board of directors for Learning Without Tears. He runs Ragnar races (often with Tim), is a total Excel nerd, and is doing his best not to mess up his 4 awesome kids.

GET IN TOUCH WITH MARK:

https://www.permanentequity.com EPISODE CHAPTERS:

(0:00:00) - Constructing Dream LivesShared meals, long-term partnerships, genuine listening, and team dynamics are emphasized in Permanent Equity's approach to private equity.

(0:09:32) - Building a Company Through LearningMentorship, empowerment, humility, listening, learning, problem-solving, ego, growth, diverse team, natural problem solvers.

(0:15:25) - Finding BalanceEntrepreneurs experience reduced stress and renewed passion after selling their business, emphasizing the importance of relationships and trust.

(0:28:30) - Building Incentive Systems for ProductivitySetting ambitious targets, studying behaviors, and using incentives can boost team performance and overall business growth.

(0:38:31) - Difficult Conversations and Valuing RelationshipsNavigating life's unpredictability, managing tough interactions, and communicating our ethos through writing at Permanent Equity.

👉 Stop playing small, book a call! Link in bio 👉 For more information visit austinlinney.com 👉 The @constructyourlifepodcast is available on ALL platforms This episode is proudly sponsored by Leadhub: Your Growth Partner For The Trades. Visit https://www.leadhub.net to discover how Leadhub can amplify your business growth and success today! #MINDSETPODCAST #BUSINESSPODCAST #REALESTATEPODCAST