Entrepreneurship through Acquisition: Buying a Business ft. HBS Professors

This content is brought to you in partnership with Learn Educate Discover (LED), an Exponent company.

Richard Ruback and Royce Rudkoff, Professors at Harvard Business School and Authors of the book HBR Guide To Buying A Small Business, talk about how apart from going into a traditional job or starting your own company, there is a third option to consider for those who value independence but do not want to go down the startup route - buying a small business and running it like your own company.

Some of the areas Richard and Royce touch upon in this episode include:

1. Why buying a small business is a great option for those who want independence and would rather manage their own business than be in a traditional corporate job
2. How to search for a small business to buy
3. What the search process looks like
4. The kind of businesses that you can buy - and how they typically yield between $500K - $2-$4M in annual profits
5. Recommended resources