Grant is the Managing Director for Benevolent Capital with many diverse investments that include the Orua Ring, Best Day Brewing, and professional soccer. Learn why Grant and his twin brother Brett engineered their private equity firm to be radically different than most and why he left Greenwich, Connecticut for Chattanooga, Tennessee.
“Sometimes it is about timing. Sometimes it is about who you know more than anything else!”
Venture Capital is for very early-stage companies to help them get off the ground.
Private Equity is generally for later-stage companies looking to grow or transition.
Grant became a “Sherpa” at Montgomery Securities
(9:00) One of his first tests early in his career was to see if he had the ability to tell people that he didn’t know the answer. Always tell the truth and be honest.
Don’t be afraid to apply for jobs where you don’t have all the skills. Skills can be taught. Hiring managers are looking for character, integrity, honesty, interpersonal skills, and communication skills.
(12:45) Grant highlights a learning experience as the captain of his crew team when he lost a position in the first boat.
“Sometimes out of the bad comes the great!”
You really learn about yourself and life when things go wrong.
Covid presented a learning and growing opportunity for us all.
Plus they give all investors a 100% preferred return before they get paid.
This is very different from most investment firms.
For us to make an investment in a company we need to believe in the company and we have to want to be an evangelist for the product or service.
Brett Johnson was running the family business (Targus Computer Accessory Company) and during that time frame after working with PE firms they decided when it was time for them to start their own investment firm they would do it differently.
“We don’t need the management fees to be motivated to be successful.”
Nashville Fellows Program 2022, Marketing Assistant for Affinity Technology Partners, Professional Photographer freelancer. Go VOLS!
What is Taking the Leap?
Taking the Leap Podcast hosted by Robert Dickie III discusses changes in our global economy impacting the way we work and live. For young professionals starting their careers, mid-career professionals navigating changes and late-career professionals thinking about starting an encore career, Robert and his guests discuss the global economy, technology, workplace developments, and all the latest changes impacting our professional lives.