Episode 100

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Published on:

7th Sep 2023

Ep. 100 Creating PortCo Management Systems: Vern Davenport, Partner at QHP Capital

Entrepreneurial journeys are often marked by trials, triumphs, and invaluable lessons. In a candid and enlightening interview with Jordan Selleck, seasoned entrepreneur Vern Davenport, Partner at QHP Capital, shares his wealth of knowledge on navigating the complex landscape of creating PortCo management systems. With a focus on innovation, leadership, and growth, Davenport's insights provide a compelling guide for aspiring and seasoned entrepreneurs alike.

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Innovation at the Core of Success: A central theme that emerges from Davenport's interview is the pivotal role of innovation and adaptability in the entrepreneurial journey. Davenport emphasizes the necessity for entrepreneurs to stay ahead of the curve by consistently seeking novel solutions to challenges and aligning with evolving customer needs. He underscores the importance of embedding innovation within a company's culture, fostering an environment that nurtures and embraces fresh ideas. Davenport's insights highlight that the ability to swiftly adapt to shifting market dynamics is paramount for achieving enduring success.

The Essence of Visionary Leadership: Davenport's perspective on leadership stands out as a cornerstone of his interview. He underscores the significance of effective leaders possessing a clear vision that can inspire their teams to rally together. According to Davenport, fostering a sense of purpose and a shared mission is pivotal in cultivating a motivated and cohesive team. His insights transcend traditional managerial roles, emphasizing that leadership entails not just overseeing, but also motivating and empowering individuals to reach their utmost potential while collectively striving for a shared goal.

Thriving Through Resilience and Sustainable Growth: The journey of entrepreneurship is often punctuated by obstacles and setbacks, and Davenport's interview illuminates strategies for maneuvering through these challenges. He emphasizes the cultivation of resilience and tenacity, emphasizing that setbacks ought to be regarded as valuable learning opportunities. Davenport's emphasis on sustainable growth underscores the significance of not only achieving short-term victories, but also ensuring the long-term viability and scalability of a business. His insights lay out a roadmap for entrepreneurs to navigate storms, sustain momentum, and emerge even stronger.

Vern Davenport: A Career of Leadership and Innovation

Vern Davenport, a Partner at QHP Capital, has a storied career marked by leadership and innovation. With responsibilities spanning transaction origination, portfolio value creation, and investment policy shaping, Davenport is a pivotal figure within the Private Equity investment committee.

Before joining QHP Capital, Davenport's strategic acumen shone in roles such as CEO of Medfusion, where he orchestrated a successful carve-out from Intuit and guided the transformation of Medquist into M*Modal. His journey also encompasses notable positions at Allscripts, Misys Healthcare, and Kodak Health Group.

QHP Capital: Catalyst for Growth

QHP Capital is a respected private equity firm renowned for driving innovation and growth. With a focus on transformative transactions and value creation, the firm, under Davenport's guidance, shapes investment policies and strategic execution, making a significant impact on the Private Equity investment landscape.

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About the Podcast

Investors & Operators
A Podcast by 51 Labs
The M&A market can be boring, but everyone has a story. The Investors & Operators podcast is about discovering the stories people were holding back, didn’t know how to tell, or forgot about. The goal is simple: fresh, authentic storytelling to bring people together in the M&A community.

With over 1M organic views and counting on LinkedIn, 51 Labs is disrupting the M&A market through the use of videography and content creation. In a market that longs for authenticity, 51 Labs helps strengthen your brand and tell your story. From concept to distribution, we strategize and produce thoughtful content to be used across a multitude of channels, to help you stand out in an otherwise traditionally boring market.

New episodes every other Thursday at 6:00am Eastern.

About your host

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Jordan Selleck

Founder. Recovering Investment Banker. 3x Entrepreneur. Philz Coffee Enthusiast.

Jordan Selleck is a recovering investment banker turned 3x entrepreneur. While teaching English in China, Jordan met an investment banker in a bar and before he knew it he’d spent six years in cross-border investment banking advising global corporates and private equity firms on M&A deals up to $250 million.

As much as Jordan loved investment banking, he always knew he was meant to do something more. In 2016, Jordan founded Debtmaven, a deal management platform for debt financing in the lower middle market. It was while he was marketing Debtmaven on LinkedIn that Jordan found his true passion: building meaningful relationships in the lower middle market.

Seeing over 50% of Debtmaven’s $450million+ in deals come from LinkedIn, he realized he’d found an untapped market and began his journey with LinkedIn consulting. Dozens of clients and a handful of extraordinarily talented employees later, 51 Labs is a thriving marketing agency for the lower middle market that produces captivating content and generates organic traffic across LinkedIn.

Jordan was born in San Diego, grew up in North Carolina and attended UNC-Chapel Hill. He has traveled to 32 countries, lived in China for 18 months, trains Brazilian Jiu-Jitsu, is a fourth-generation private pilot, SCUBA dives, speaks Mandarin Chinese, and is a husband and father of 2.