This is Part II of the episode where we talk about private equity investment with Brent Beshore from Permanent Equity.  Nathaniel asked about Brent’s definition of a successful acquisition and what his due diligence process looks like.  Ah well, as you may imagine…it sucks.  It’s going through never-ending papers, statements, double-checking all information, and investigating any potential frauds.  Brent added, running a business is a different skill set from understanding finance or investments.  It’s not what you know that kills you, but what you don’t know (and that you don’t know that you don’t know it) that kills you.  Nathaniel also asked Brent what he’s seeing now across the small business marketplace during COVID.  Overall, for any business, it’s crucial to find your niche and grow from there.  And remember, business is not just skill sets, but more importantly, it’s about relationships.  So, treat people well!