Wynn Construction Shutdown

Brent Beshore shares a story about how COVID-19 suddenly impacted one of his construction companies.

"One of our companies was working on the Wynn casino. They just shut everything down. There was nothing to do. You have all the materials you bought, you have all the labor right there, everything you're coordinating, and what do you do? It was like prohibition except for everything."

The story illustrates how businesses faced unprecedented challenges when COVID shutdowns occurred, leaving them with stranded assets and workforce with no ability to continue operations.

40:00 - 41:04
Full video: 53:06
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Brent Beshore

Founder and CEO of Permanent Equity, specializing in acquiring and operating small businesses. Author of "The Joys of Compounding" and contributor to various business and finance publications.

Featured on business podcasts and in articles on private equity and business strategies.

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